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42 sats
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3 replies
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@Bell_curve
3 Jul
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on: Japan's Economic Downturn Deepens: GDP Revised to -2.9%
econ
Revised means we were lying about how bad it really was
-3 percent yikes
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@TomK
OP
3 Jul
i wonder why they are still correcting the figures at all. nobody notices anyway
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59 sats
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@TNStacker
3 Jul
Because fiat economies are a confidence game.
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38 sats
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@TomK
OP
3 Jul
absolutely right. but the masses don't understand at all what the gross domestic product is, what a growth rate is or what inflation means
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