Users Online Now:
GLP Poker Rooms
GiveMeGossip.com - Gossip Forum
Donate To GLP
Back to Forum
Back to Thread
REPLY TO THREAD
American Prosperity? GDP 31.8% in 2001- Down to 21.6% by 2011
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:GodFrequency:MV8yMDY2OTI4XzM0NzgxMDg4XzlBQzY3M0U2] The scarier version of this number is that: The Fed is the largest buyer of treasuries. This is the number we get while printing money and running deficits. This is a number created by a rigged stock market consisting of high frequency trading, buying our own treasuries, buying our own mortgage backed securities, and Quantitative easing to infinity. Between the years of 2008 and 2010 the Federal Reserve lent spent or borrowed 16 trillion dollars, and still the decline. This number is with the United States having trillions and trillions of derivatives! More than the worlds GDP This number is with a country that use to have the worlds reserve currency! This number is with the big banks paying nothing in taxes, and all the corporations exempt from Obamacare. This number would be negative if the real economic horror were to be seen. This is the number where we were all supposedly going to be saved by keeping General Motors, and all the Big banks by bailing them all out! Do you presume to question the great and powerful Federal Reserve? [youtube]http://www.youtube.com/watch?v=YWyCCJ6B2WE[/youtube] [/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
Pictures (click to insert)
Big Round Smilies
Aliens and Space
Friendship & Love
Misc Small Smilies
View All Categories
Next Page >>
State Of Maine Kicks 6,500 People Off Of Food Stamps
Think the New Underwear You Buy Hasn’t Been Worn Before? Think Again.
Anchor Gives Obama The Finger and looses her job
If You Question Authority, You Are Mentally Ill
Three-million-yr-old ancestor had human-like hands
Pope Pushing Depopulation Agenda of the Georgia Guidestones?
14 PEOPLE HOLD THE SECRET KEYS THAT CONTROL THE INTERNET
Fracking-induced tremors lead to changes in building codes, insurance rates
Mystery goo kills over 200 San Francisco Bay birds, officials stumped
Warning! Secret Chemtrail Operation “Indigo Skyfold” To Go Invisible This Month!
(Watch) Why Are Military Planes Dropping 50 Feet Long Metal “Raindrops” On The American People?
GLPVC TheRawFeedLive Presents La Marzulli Tue Feb 3rd at 11pm est
WHITE People Play The Race Card In A Lawsuit Never Filed By A White Person Before In History
Obama Busted in What May Be the Crime of the Century… Impeach Him NOW
Is a Death Star Coming at Us?
Laser Weapon System Is Ready For War, Less Than $1/Shot
5 Huge Government Conspiracies That Actually Happened
3 Rhinos Make A Daring Escape As Zoo Guard Sleeps
Now We Know The Plan: More Surveillance and a Patriot Act For Europe
Pentagon, DHS, Interior, Working Group on Police Militarization
From Neighborhood Cops to Robo-Cops
Ex-Googler: 'Tons Of Engineers' Want To Leave Google
Obama Blames America for Muslim Terrorism
The Muslim Brotherhood is making their move within the United States, and Barack Obama isn't doing a single thing to stop it.
Al Sharpton demanded an "emergency" meeting with Hollywood because everyone who won an Oscar happened to be white
Disclaimer / Copyright Info
with questions or comments about this site.
"Godlike Productions" & "GLP" are registered trademarks of Zero Point Ltd.
Website Design Copyright © 1999 - 2014 Godlikeproductions.com
Page generated in 0.005s (5 queries)