The Traderszone Network

Published in TZ Latest News 2 September, 2014 by The TZ Newswire Staff

China Will Revise Its GDP Definition Until Its Hits Government "Growth Targets", Goldman Explains

Previously we have commented that when all it takes for a country to “hit” its GDP target, is to adjust said definition by adding the benefit of estimated ancillary items as prostitution and drugs, GDP loses all relevancy and meaning in its transformation to an arbitrary, goalseeked policy measurement and validation tool straight out of China’s Department of Truth. After all how else would the Spanish political kleptocracy boast the “favorable” impact of its disastrous policies if it wasn’t for a slew of recent definitional revisions.

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