Saturday, February 11, 2017

Implosion Into Recession

The Federal deficit is hiding U.S. recession:

Because to the Idiocracy, debt is "GDP"

This shows 12 month calendar year moving average Treasury tax receipts (blue line) with the U.S. Federal deficit (red area). We also see the second fake recovery in a row...

Tax receipts through 12/31/2016. Deficit through Sept. 30, 2016:

24 month moving average tax receipts with One year Treasury yield. 

I mean "reflation"

Annual GDP growth - Deficit

What I call "Honest GDP"