Economics

[Rusty34]

GDP comes from selling something. You must have natural resources or production which can be exported. Debt is simply future demand pulled forward.

[TonyM]

GDP comes from selling something. You must have natural resources or production which can be exported. Debt is simply future demand pulled forward.

1 GDP can be domestically purchased or consumed; it does not need to be exported

2 Sales of services are included in GDP

3 So is investment (in plants, equipment, roads, etc)

[Oscar Wilde]

1 GDP can be domestically purchased or consumed; it does not need to be exported

2 Sales of services are included in GDP

3 So is investment (in plants, equipment, roads, etc)

Semantics multiplied by statistics = nonsense

O.W.

[TonyM]

GDP beats

The US economy grew by 3.2% in the third quarter, better
than expected and initially reported, according to the second
estimate of gross domestic product released Tuesday.

Economists had forecast that the value of every thing produced
and every service rendered during the quarter rose at a 3%
annualized rate. Last month, GDP was reported at 2.9% based on
incomplete data.

http://www.businessinsider.com/us-gd...timate-2016-11

[jimmyb]

GDP beats

The US economy grew by 3.2% in the third quarter, better
than expected and initially reported, according to the second
estimate of gross domestic product released Tuesday.

Economists had forecast that the value of every thing produced
and every service rendered during the quarter rose at a 3%
annualized rate. Last month, GDP was reported at 2.9% based on
incomplete data.

http://www.businessinsider.com/us-gd...timate-2016-11

http://www.bea.gov/newsreleases/nati...ewsrelease.htm

Now my big problem is this word gets used a lot in this story..
estimate

[breezy]

GDP beats

The US economy grew by 3.2% in the third quarter, better
than expected and initially reported, according to the second
estimate of gross domestic product released Tuesday.

Economists had forecast that the value of every thing produced
and every service rendered during the quarter rose at a 3%
annualized rate. Last month, GDP was reported at 2.9% based on
incomplete data.

http://www.businessinsider.com/us-gd...timate-2016-11

It's funny you keep using a site whose Editor and CEO has been convicted of Securities fraud. And absolutely in the tank for the globalist agenda.....

[TonyM]

U.S. household net worth rose to $90.2 trillion in 2016 Q3
-Fed

[Oscar Wilde]

U.S. household net worth rose to $90.2 trillion in 2016 Q3
-Fed

What is the criteria for "net worth"?

O.W.

[TonyM]

What is the criteria for "net worth"?

O.W.

Assets, at market values, minus liabilities, at face value

[lonewolfinoregon]

Assets, at market values, minus liabilities, at face value

I see your still receiving your PMoHD rewards!!!!

You never did answer when I asked if your packing to move??????