​Mystery Of Upward GDP Revision Solved: You Are All $500 Billion Richer Now According To A Revised Biden Admin Spreadsheet – Tyler Durden

Mystery Of Upward GDP Revision Solved: You Are All $500 Billion Richer Now According To A Revised Biden Admin Spreadsheet Something strange happened yesterday when the Bureau of Economic Analysis released the final estimate of Q2 GDP data: as part of the release, Biden’s Dept of Commerce run by Gina Raimondo, which also runs the BEA, reported that GDP in since 2020 had been revised markedly higher (with the exception of H2 2023) … … even though banks such as Goldman warned of, and expected, a significantly negative revision to historical GDP numbers. So what happened? Recall that about a…  — Continue at ZeroHedge News : Read More