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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (12738)10/9/2008 10:06:42 AM
From: LTK007  Respond to of 71454
 
<<Restructuring is necessary, and it just
can't be achieved without significant pain.>. All our desperately needed funds for infrastructure rebuilding poured into The Money Pit of Iraq----only americans to profit were the parasite businesses of war. " What is War Good FOR!!!!??? Absolutely the Defense Industry!!!!!!!!!!!!!" Apologies to Edwin Starr.

Now all that has happened in on Wall Street.
O we have a GREAT FUTURE.



To: Real Man who wrote (12738)10/9/2008 1:25:59 PM
From: dybdahl  Read Replies (1) | Respond to of 71454
 
How do you calculate that 40% of the U.S. GDP is financials?



To: Real Man who wrote (12738)10/9/2008 1:44:08 PM
From: IngotWeTrust  Respond to of 71454
 
Vi, it appears your 40% GDP is conservative, yes?

optimist123.com

Above piechart constructed by:
boomerang.blogs.com
aka: optimist123.com

Acc'd to the interactive Total Debt to GDP feature in upper RH frame:
the total debt to GDP is 69+%
the Public Debt to GDP is 40.34%

And to think, that "once upon a time" the largest component of GDP was agricultural...no wonder we are exporting our DEBT...it doesn't require sunshine, or rain, or even tillage...

Moving from Ag% of GDP to a big Debt/Financials debt component has one "ingredient" in common: FERTILIZER. -g-