Inflation up 4.7% despite economy shrank to -1.5%

[makapaaa]

sbee1

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<DL class=userinfo_extra><DT>Join Date <DD>Dec 2010 </DD><DT>Posts <DD>265 </DD></DL>
[h=2]Inflation up 4.7% despite economy shrank to -1.5%[/h]

http://sphotos-c.ak.fbcdn.net/hphotos-ak-ash3/561971_10151281197955350_371738423_n.jpg

Why?
Are the 60% still sleeping??
Are people still blindly believing this govt's pro-foreign 'investors' and pro foreigner import policies?

Wake up...still thinking of excuses to refute it??
Our economic-inflation model is deeply flawed.​

 

[makapaaa]

TopSageReturns

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<DL class=userinfo_extra><DT>Join Date <DD>Aug 2012 </DD><DT>Posts <DD>657 </DD></DL>

Originally Posted by sbee1

http://sphotos-c.ak.fbcdn.net/hphotos-ak-ash3/561971_10151281197955350_371738423_n.jpg

Why?
Are the 60% still sleeping??
Are people still blindly believing this govt's pro-foreign 'investors' and pro foreigner import policies?



I was reading the article wasn't very clear if -1.5% is real growth or nominal? If nominal means real growth is -5%...and that is horrendous.​