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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST

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To: TobagoJack who wrote (6322)5/14/2006 2:52:14 AM
From: energyplay  Read Replies (1) of 217814
 
Come on, TJ -

"When debt is at 320% of US GDP"

This from Al Gore ?

Federal Debt 9 Trillion
GDP 13 Trillion
That's 70% - puts the US a little worse than Argentina.

Debt as of 5/11/2006
(before the NSA opened their phone bill for caller id on everyone)
publicdebt.treas.gov

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U.S. GDP bounces back to 4.8% growth in Q1 -
Friday, April 28, 2006 12:59:31 PM
afxpress.com

WASHINGTON (AFX) -- The U.S. economy snapped back in the first quarter, growing at an annual rate of 4.8%, the fastest growth in more than two years, the Commerce Department said Friday

The increase in the nation's real gross domestic product was close to market expectations of a gain of 4.9%, according to the survey of economists conducted by MarketWatch. The as-expected GDP report should have little impact on the views of growth and inflation at the Federal Reserve. A separate report from the Labor Department showing the slowest gain in employment costs since 1999 should encourage Fed officials that labor markets are not so tight that they are contributing to inflation. In nominal terms, GDP rose to $13.02 trillion annualized

The economy has grown 3.5% in the past four quarters. The GDP had risen just 1.7% in the fourth quarter, held back by weak consumer and capital spending. Economists say the math of GDP made the fourth quarter look worse than it really was, while the first quarter wasn't quite as strong as it appeared.

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2005 list of debt to GDP.
Note HK with 1.80 % someone's credit card ?
US was 64%, now 70%
Japan at 170%
Germany at 68% - still paying to East Germany ?

en.wikipedia.org
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