in fact, i am very puzzled on the statistics on many macroeconomic factors. let say, global oil supply and demand,
1.last september, when oil was $110, some experts say, "oil is over supply with the provailing OPEC output, they just dun see the demand increasing"....
2. days ago, G-8 meeting complained that world oil demand has been escalating due to big infrastructure plan in china and india...etc, while OPEC still keep its output level unchanged for years.
3. last month, OPEC meeting debated that oil output is sufficient, price hike is due to speculators.
so, who is the hell telling trueth? if they all tell "trueth", which i assume due to lack of information integrity in global scale, then what is the hell statistic doing its job? then, where to get the most accurate possible information?
