Tuesday, January 20, 2009
No conspiracy here – just political and economic facts
Orwell's 2009
Great article. The US Government now spends $2.9 trillion per year, or 20% of GDP. With the proposed stimulus, government spending could breach 30% of GDP. In 1929, Government spending accounted for only 9% of GDP.
Posted by sold 2 rent 1 @ 09:48 AM (2787 views)
12 thoughts on “No conspiracy here – just political and economic facts”
Add a comment
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
Crunchy says:
Great article. The facts tells me all I should need to know.
Some may not be aware of the fact that Orwell once worked for the BBC.
str 2007 says:
S2R1
Your back, we were thinking yesterday that you’d got into trouble again.
str 2007 says:
Sorry You’re
drewster says:
So what? Most European countries’ governments spend over 40% of GDP. What matters is how the money is spent. In Europe it goes on healthcare, decent schools, and decent pensions. The Americans spend less so they get less. Simple.
Crunchy says:
Bang on topic. At last!
HPC is the effect not cause.
bellwether says:
$2.9 trillion is far more than 20% of UK GDP
sold 2 rent 1 says:
drewster,
Read the whole article.
I didn’t want to post anything too controversial in the header as I don’t want to get banned.
It talks about psychological manipulation, figure fiddling of stats, doublethink, truth versus propaganda.
Finally Awake says:
Excellent article.
The truth is disturbing.
We are all slaves to the system. How can we break free of it?????
sold 2 rent 1 says:
titaniccaptain,
In 2001, it was estimated that all the gold ever mined totaled 145,000 tonnes.
Most of this gold still exists (has not been consumed to nothing)
Mining output is 2,500 a year, which is what your graph is monitoring.
We could say a years worth of mining only adds 2-3pc to the world stock, which is very small
A collapse in gold jewelry demand may happen, but a mania for a safe haven will negate everything else.
Look at the 1980 gold mania.
Now we have China and India who will enter the mania too, when it happens.
I am expecting a price of $4,000-7,000 around April 2010.
Crunchy says:
http://uk.youtube.com/watch?v=Okvztfu0-PQ
troy says:
s2r1 ~~~ on the one hand it’s good to see your post is still here (unlike the williams post a couple of days ago) and has attracted a sizable article readership which is great.
on the other hand, 9 posts doesn’t say much for the participants on HPC these days.
Forgive me for playing devil’s advocate but isn’t the current bailout a sign the Calleman got it back to front?
ie Power over Ethics
sold 2 rent 1 says:
troy,
The sixth night (Nov 2009 – Nov 2010) (resonance with the period 1972-1992) will be where we finally see ETHICS overcome POWER.
22 September 2010 – stick it in your diary – maps to Berlin wall coming down in Oct 1989