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marsaxod (November 30, 1999 at 12:00 am)
Federal Reserve is a Rothshild's business.
jbcaldwell63 (November 30, 1999 at 12:00 am)
FYI - Just for comparison, at 13 trillion the US GDP for 2007 is actually LESS than the combined GDP of the European Union at 17 trillion. Unfortunately more and more we have to look at their economies as a whole instead of individually.
James9067 (November 30, 1999 at 12:00 am)
Consumer purchase+Industrial investments+Gouvernment expenditure+Exports-Imports=GDP
psikeyhackr (November 30, 1999 at 12:00 am)
{{{ It's a system that automatically takes into account depreciation of automobiles by factoring in replacement and demand. }}}
RUBBISH!!!
The Net Domestic Product includes depreciation but only the depreciation of CAPITAL GOODS.
Check any economics book.
tinyurl (dot) com/25p25y
chasleo (November 30, 1999 at 12:00 am)
The sales of automobiles would properly reflect the consumer expenditure on such vehicles - reflecting a partial value of the gross US domestic products. It's a system that automatically takes into account depreciation of automobiles by factoring in replacement and demand.
psikeyhackr (November 30, 1999 at 12:00 am)
When consumers buy cars they get added to GDP. But cars wear out and must eventually be replaced. When consumers buy replacements they get added to GDP. But the cars that wore out never got subtracted from anywhere.
Economists don't mention NDP much but only CAPITAL goods get depreciated.
Economists can't do algebra.
They don't mention the planned obsolescence of automobiles either. Planned obsolescence is good for the stock holders of the corps that make the junk. If consumers are DUMB!
wawbwc (November 30, 1999 at 12:00 am)
Save the Economy. Close down the Federal Reserve. |
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