Monday, November 19, 2007

Express-Nov.19, 2007 page 3

Headline: "Recession risk for '08 is growing:" The latest look-ahead from National Association for Business Economics. GDP is considered to be the best barometer of economic fitness. My comment: Not really! There are Gross National and Domestic Disproducts! We are at war and war costs are included in the such barometer or not!? Ponder such with insights for C+I+G+F Even though I am aware of such yardstick being used as a measure but not the well-being of the nation. Scenarios do vary with political necessity of official optimism. Who really knows the truth of compound-complex in economics? Food for thought for all readers of questionable data with doubts in the days to come. Thanks and have a great day,everyday with fun to watch economic happenings. Xie Shihao aka Francis Shieh, an octogenarian with decades of experience to read economic events in the light vein. Monday,Nov.19, 2007 at 10.15 a.m.

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