I believe they are following Austrian economist, John Williams. He has a website called shadowstats.com. He's THE economist Fortune 500 companies look to to know what's really going on. He uses the old formulas to give the true numbers as opposed to the "pretty" suped-up ones to cover up the truth. Everytime he makes a post, the markets react. He put out some numbers on the 27th. You're right; Rick Santelli is smart. The smart ones pay attention to the truth.
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