Romanian Man Tries To Force Teenage Girlfriend Into Prostitution With Salt Water

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Euro Weekly News reports that a man was arrested in Madrid after forcing his 17-year-old girlfriend to drink salt water for two straight days in an attempt to force her into prostitution.

The couple met in Romania three months ago and were enjoying a Spanish vacation when the 27-year-old man locked up the in an apartment girl and told her she would have to prostitute herself in order to return home.

When she refused he forced her to ingest salt water every 15 minutes until she managed to escape her confines and contact the Spanish police.

She was taken to hospital where doctors discovered she was suffering from collapsed kidneys, bruises and contusions. Her (presumably) ex-boyfriend had provided her with a fake proof of age because her parents had not provided permission, required by Romanian minors, to leave the country unaccompanied.

Read more at Euro Weekly News >

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Visualizing GDP: The Consumer Is Key -- And Barely Treading Water

  x You have successfully emailed the post. Doug Short is the vice president of research at Advisor Perspectives.

The chart below is my way to visualize real GDP change since 2007.

I've used a stacked column chart to segment the four major components of GDP with a dashed line overlay to show the sum of the four, which is real GDP itself.

My data source for this chart is the Excel file accompanying the BEA's latest GDP news release (see the links in the right column).

Specifically, I used Table 2: Contributions to Percent Change in Real Gross Domestic Product.

Here is the previous version of the chart, showing the Q2 Advance Estimate. Personal consumption expenditures (PCE) furnished only 0.07 of last month's 1.29 (rounded to 1.3) GDP estimate.

Over the time frame of this chart, the PCE component has shown the most consistent correlation with real GDP itself. When PCE has been positive, GDP has been positive, and vice versa. PCE in the latest update came at 0.30 of the 0.99 real GDP (rounded to 1.0). This is a bit better than the Advance Estimate but clearly in a downtrend from Q4 2010.

I'll update this chart when the third estimate of Q2 GDP is released on September 29th. But the "real" story will be the following month, when we get our first glimpse of Q3 GDP.

Published at Advisor Perspectives.

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