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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 386.01

+1.6%

Nov 12 4:00 PM EST

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To: Maurice Winn who wrote (68658)	11/25/2010 9:47:29 AM
From: elmatador	Read Replies (1) of 217734

Ghost GDP! At least 20% of Ireland’s G.D.P. is from “ghost corporations” that have little or no real activity in Ireland. Corporate taxes are set at 12.5%, but leading global corporations are able to construct complicated schemes involving other offshore tax havens that reduce their effective tax rates to the low single digits. economix.blogs.nytimes.com Thefore when someone talks of debt as % of GDP he is being misled. The GDP is vapor!!!

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