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American Prosperity? GDP 31.8% in 2001- Down to 21.6% by 2011
Ms Sans Serif
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[quote:Anonymous Coward 28714784:MV8yMDY2OTI4XzM0Nzc5MjM1XzQzRTNCREMw] All of the countries wealth is being amalgamated into the hands of CEO's, Executives, and the "elite". While this is happening the media is playing on fears which polarize us. Key words like "Unions", "liberal", "conservative", once uttered people lose all of their ability to think. The reality is, this is the fault of the majority, since the majority is incapable of thought. Everything is suggested to us like animals, and typically we fall right into line. [/quote]
Creating the illusion of economic growth is easy if you can print money. It’s a prank you can play on an entire country. Cut the value of the currency in half and the economy’s size will appear to double.
The only way to accurately measure changes in a nation’s economy is to do so relative to the world (see Notes for non-nerds below before protesting). According to the World Bank, the U.S. represented 31.8% of the world’s economic activity in 2001. By the end of 2011, that share had dropped to 21.6%, meaning America’s slice of the world economy is 32% smaller than it was a decade ago, and getting smaller every day. Note that America’s housing bubble did nothing to boost the U.S. on the global stage.
link to acrossthestreetnet.wordpress.com
Let's see how much the government can print this month and lie to us about how well we're all doing! Weeeeeeee
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