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A whopping $13.1 trillion should be the unprecedented GDP! More than one-half of both the consumer spend and the trade deficit proceed will likely be related to real estate (HM ‘06 Number 4) which, arguably, is not real product growth, but rather a hedge disguised as GDP. Print is blind to the distinction, so hold on tight.
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Vincent Mallardi
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Vincent Mallardi, C.M.C., is a the chairman of the Printing Brokerage/Buyers Association International (PBBA) and is a Certified Management Consultant in the paper, printing and converting industries. He is also an adjunct professor in economics. Contact him via email at vince@pbba.org
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