Comments on: 3rd Quarter GDP http://www.economyguy.com/3rd-quarter-gdp/ Economic News For Everybody....by Tom Harvey and Cyrus Uible Sat, 03 Jul 2010 03:53:46 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Tom Harvey http://www.economyguy.com/3rd-quarter-gdp/comment-page-1/#comment-1063 Tom Harvey Fri, 30 Oct 2009 23:06:20 +0000 http://www.economyguy.com/?p=544#comment-1063 Thanks David for the links to other good sites. Tom Thanks David for the links to other good sites.
Tom

]]> By: David http://www.economyguy.com/3rd-quarter-gdp/comment-page-1/#comment-1061 David Fri, 30 Oct 2009 16:36:30 +0000 http://www.economyguy.com/?p=544#comment-1061 I concur that the headline Q3 GDP number was not a sign of a robust economic rebound and start of a V-shaped recovery. Most of the growth was government stimulous which in the long run costs us more money (through interest payments & negative money multiplier). Calculated Risk and Mish had good writeups yesterday on this topic. http://www.calculatedriskblog.com/2009/10/random-thoughts-on-q3-gdp-report.html http://globaleconomicanalysis.blogspot.com/2009/10/market-cheers-over-ugly-gdp-report.html I concur that the headline Q3 GDP number was not a sign of a robust economic rebound and start of a V-shaped recovery. Most of the growth was government stimulous which in the long run costs us more money (through interest payments & negative money multiplier).

Calculated Risk and Mish had good writeups yesterday on this topic.

http://www.calculatedriskblog.com/2009/10/random-thoughts-on-q3-gdp-report.html

http://globaleconomicanalysis.blogspot.com/2009/10/market-cheers-over-ugly-gdp-report.html

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