Showing posts with label Ben Breakthebanke. Show all posts
Showing posts with label Ben Breakthebanke. Show all posts

Thursday, August 11, 2011

Expect the unexpected




Ben Breakthebanke
Is it me or have you also noticed that the word "unexpected" is used a lot lately. For instance inflation rose 2.1% in the second quarter, unexpected. Unemployment rises to 9.2%, unexpected. Quarterly GDP estimated at 1.9% reduced downward to 1.3%, unexpected. Between the economists and the politicians there is a growing body of evidence that suggests these clowns don't have a clue as to what they are talking about. I guess that is the only thing to be expected.