On this week’s Solari Report, I will be speaking with John Williams, founder of American Business Analytics & Research, LLC In San Francisco, the publisher of ShadowStats.com. John is an economist who has built a remarkable business deciphering government economic statistics and helping a wide range of businesses and investors understand our economy. This is something that is far from simple to do.
Having wrestled with the manipulation of housing and mortgage market statistics in the Bush Administration in 1989-90 and the Clinton Administration’s destruction of the databanks that I built using federal economic data in 1996-99, I have little faith in official government statistics. That said, the value of good statistics on the economy is an essential tool of understanding our world and planning our investments of time and money. Then I discovered ShadowStats.
John has the training and experience to unpack the engineering of federal statistics into their Orwellian state and to generate statistics that are more reliable and make sense given what I, my clients and subscribers are experiencing in our businesses and day to day lives.