Friday, November 19, 2010

U.S. $5.40 to Generate $1.00 GDP

In-Depth Look - Outstanding Debt Soars - Bloomberg

Bloomberg Interview - The Fed and Treasury Dept. claim that the housing bubble could not be foreseen. Take a look at this video to see how obvious it really was.

Posted by novice pete @ 09:51 PM (1101 views)
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4 thoughts on “U.S. $5.40 to Generate $1.00 GDP

  • general congreve says:

    As I’ve said before, the real story is debt. One way or the other it will consume us in the end.

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  • Liked the bit about house prices having to fall to 2.75 median income. Another 20-35% fall as of March 2009, I think this vidoe is from.

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  • vidoe, should be video, at least in this dimension.

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