How GDP Became A Joke, In One Chart

December 13, 2017 Zero Hedge 0

For all the rhetoric about above-trend US growth, one month ago UBS shattered the narrative of surging GDP by showing just one chart, which revealed that excluding contributions from energy investment, which are about to […]


How Tax Cuts Will Trigger Recession

December 5, 2017 Zero Hedge 0

Authored by Patrick Watson via, According to the more cynical pundits, government programs usually achieve the opposite of their intended goal. And sometimes they do. For example, Richard Nixon’s “War on Drugs” is still […]