Fudging the numbers…

This was an interesting post on Paul Krugman’s blog. If part of the recent financial/economics mess has been a lack of tranparencyin financial dealings of banks and mortgage lenders that needs corrections, then this here would be even more alarming. If the 2nd largest economy (isn’t it?) – China – is cooking the books to make Chinese GDP look better thatn it really us, then maybe worse is yet ahead.

Interesting roller-coaster on Wall Street this week. Doesn anyobody know which way we’re headed right now ?

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