economic statistics

Undercutting people’s trust in the Republic: another step to destroying the Republic

Summary:  Skepticism of authority is an element of wisdom, but with careful encouragement can become malignant distrust of government. It’s a step towards de-legitimizing the Republic, a powerful element of a elites “divide and concquor” strategy — leaving a people with no obvious rallying point.  Here we discuss an example being run on us today. …

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Today’s example of the inscrutable mystery of China’s economic statistics

When the subject turns to China, everybody gets not only their own opinions, but their own facts.  Is China booming or crashing?  Since the government data is not trusted, people look to private sources — which often adds to the confusion. BusinessWeek, 11 May: “China’s property prices rose by a record 12.8% in April from …

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