Global GDP looking terrible
#1
Posted 24 November 2015 - 09:51 AM
Germany is going to start taxing pensions for the first time - these are desperate times!
klh
#2
Posted 24 November 2015 - 10:27 AM
"marxism-lennonism-communism always fails and never worked, because I know
some of them, and they don't work" M.Jordan
#3
Posted 24 November 2015 - 10:40 AM
I think US GDP is probably contains lot of water .........
Edited by redfoliage2, 24 November 2015 - 10:43 AM.
#4
Posted 24 November 2015 - 02:38 PM
http://stockcharts.c...id=p17130751578 I think US GDP is probably contains lot of water .........
I think actual gdp is related to SP500 domestic sales minus imports, this counts only profit of reselling
Chinese goods not the whole value of Chinese economy itself, plus exports is counted.
I think actual gdp is around 2-3T. I think tax take exceeds total sum of domestic value.
"marxism-lennonism-communism always fails and never worked, because I know
some of them, and they don't work" M.Jordan
#5
Posted 24 November 2015 - 05:50 PM
#6
Posted 24 November 2015 - 06:14 PM
Edited by pdx5, 24 November 2015 - 06:14 PM.
#7
Posted 25 November 2015 - 08:30 AM
If politicians could create prosperity, the world should be awash in prosperity. Because there is absolutely no shortage of politicians anywhere.
The problem is exactly opposite. Too many politicians passing too many laws and regulations. Result is tightening the noose around the neck of small businesses, who create most of the new jobs.
While China middle class is now bigger than US total population, US middle class is shrinking. Why? Because there is $500 Billion wealth transfer from US to China each year. Our trade policies are stupid.
If people want prosperity, get rid of tax & spend policy politicians.
I coudn't have said it better and especially residing in a country that for every law that is signed, tens of bylaws soon follow. Not worth working here anymore. The more you make, the less remains to be saved.
Globalization, Free World Trade, Overpopulation, are the real the Axis of Evil, imo.
In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.
"You miss 100% of the shots you don't take."
~ Wayne Gretzky
#8
Posted 25 November 2015 - 09:31 AM
"marxism-lennonism-communism always fails and never worked, because I know
some of them, and they don't work" M.Jordan
#9
Posted 25 November 2015 - 12:09 PM
#10
Posted 25 November 2015 - 06:13 PM