Accounting “forensics” show that Chinese GDP growth from 2008-2016 is 1.7pp lower and investment and savings rate in 2016 is 7pp than what was officially reported.

via brookings: DOWNLOAD Download the conference draft » ABSTRACT China’s national accounts are based on data collected by local governments. However, since local governments are rewarded for meeting growth and investment … Read more

Snopes claims Ben Carson's team didn't discover $500 billion in accounting errors at HUD. Reason: The money is already all gone so finding the errors doesn't matter and the idea is FALSE.

CLAIM HUD director Ben Carson found more than $500 billion in accounting errors at the federal agency. FALSE BECAUSE The audit was initiated before Ben Carson assumed his position at … Read more