IPFS News Link • Economy - Economics USA
Thanks Obamacare: This Is What Americans Spent The Most Money On In Q4
• zerohedge.comAnd just in case it is still unclear what Americans are spending their "gas sasvings" on, here it is one more time.
And just in case the fading impact of Obamacare is not already priced in, here is what Q4 inventories did: rising by $113.1 billion in Q4, this was the second highest quarterly increase in the 21st century, second only to September 2010. It's all GDP-crushing liquidations from here.
So big in fact that even the most upbeat permabull has no choice but to admit the truth: