stuck on zero

guest post:
“GDP is a contrived number, supposedly representing the value of goods and services created by the economy. Remove all parasitical numbers from GDP- government, stock and bond flipping, insurance, real estate (mainly flipping existing assets) and GDP rapidly falls to your numbers.

Private sector employees ultimately carry the can for the rest of the economy and our bought-and-paid-for politicians don’t have a clue that that is the crux of the problem. You can’t have the off-shoring of all your productive jobs and have a real economy. It’s a slow death from the cancer of ignorance.

And the so-called “strength” of the USD is simply a reflection of the weakness of all other currencies.

Imagine an economy that is so strong that a 1/4% increase in the Fed rate brings the economy to it’s knees.”

this is provided as fair use for social commentary and anthropological study on important issues of our day.


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