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US Q4 GDP Revised Down To 2.4% From 3.2% On Lower Consumer Spending
International Business Times ^ | 02/28/2014 | By Moran Zhang

Posted on 02/28/2014 6:54:05 AM PST by SeekAndFind

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To: SeekAndFind

We’re Going Galt on Barry at an accelerating rate.


21 posted on 02/28/2014 7:55:14 AM PST by Buckeye McFrog
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To: massgopguy

Yep. I wonder what influence Punxsutawney Phil might have as well?


22 posted on 02/28/2014 8:04:29 AM PST by Right Brother
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To: John W

LOL-

also- 3.2% to 2.4%— exactly 25% DIFFERENCE

This is a HUGE mistake- done on purpose-

THE MSM?... WILL NEVER cover this


23 posted on 02/28/2014 8:08:16 AM PST by mj1234
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To: SeekAndFind

Yet the stock market is soaring, the S&P closing at new record highs almost every day, etc.

Something is not right with this picture.


24 posted on 02/28/2014 8:12:14 AM PST by Deo volente (God willing, America shall survive this Obamanation.)
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To: FReepers
Take FR Across The Finish Line


Click The Runner To Donate

25 posted on 02/28/2014 8:15:40 AM PST by DJ MacWoW (The Fed Gov is not one ring to rule them all)
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To: mykroar

Especially in light of the accepted 2+% inflation rate.


26 posted on 02/28/2014 8:22:19 AM PST by lepton ("It is useless to attempt to reason a man out of a thing he was never reasoned into"--Jonathan Swift)
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To: Deo volente

Realistically, there is really no place else for the money to go.

This is probably the biggest Ponzi-like scam ever. The market, in parlous times, is a recognzed “greater fool than I” mechanism. But beyond that, how many little guys are partaking of this market in the spectacular manner that many perceive the market is engendering?

The simple fact of the matter is, this bull is being ridden by the market elites. It’s another vehicle for stripping wealth from middle America.

Since there is, fundamentally, nothing (or very little) to support the market’s meteoric rise, when the inevitable correction makes itself felt, these elites will have long since liquidated their positions, leaving it to the “greater fools” to pick up the pieces.

Rest assured, when this happens, many other segments of the economy will be teetering on the brink, so it behooves us all to remain vigilant and know exactly what is going on.

That one more reason (among many) why this board is so important.

CA....


27 posted on 02/28/2014 9:13:07 AM PST by Chances Are (Seems I've found that silly grin again....)
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