Saturday, October 31, 2009

US 3rd Quarter Postive GDP growth. Trick or Treat?

Here're 2 excellent videos in response to yesterday's news that US had a 3rd Quarter positive GDP growth.

GDP is a very inaccurate measure of wealth anyway. If the governments around the world are going to print money out of thin air and pump them into the economy, of course GDP has to rise. But look at real wealth, it's dropping....in the form of depreciating currencies.



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