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)
4 thoughts on “U.S. $5.40 to Generate $1.00 GDP”
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novice pete says:
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.
novice pete says:
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.
novice pete says:
vidoe, should be video, at least in this dimension.