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There is NO Economic Crisis Citizens - America is the most Productive Nation on Earth

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posted on Oct, 12 2011 @ 12:59 PM
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The national economy is strong citizens.

You've all been lied to about there being any kind of an economic recession in the US. The USA is ranked #2 by the IMF, #1 by the World Bank and #1 in the CIA Factbook for worldwide GDP.

Ref: en.wikipedia.org...



Gross domestic product (GDP) refers to the market value of all final goods and services produced within a country in a given period. GDP per capita is often considered an indicator of a country's standard of living.


US GDP increased by 1.3% in the 2nd quarter of 2011. Corporate earning are up


Domestic profits of nonfinancial corporations increased $80.8 billion in the second quarter, compared with an increase of $19.7 billion in the first.

www.bea.gov...




The Federal Reserve has just successfully finished it's 3rd large scale injection of paper money into the financial system. (Otherwise known as QE3) This is wonderful news citizens. It means that the Federal Reserve can increase the money supply at will, well into the future without any adverse affects upon the nation.

America is so productive that a vast majority of it's citizens don't have to work. In fact many receive money from the hundreds of government programs that have been set up to help it's citizens.

Even in the workplace many of it's citizens have enough free time to play games and surf the internet while accomplishing many meaninful tasks designed to support the goals of the national economy.

America is truly the land of opportunity.

Now the question is why are you being lied to about there being some sort of an economic crisis in America?
edit on 12-10-2011 by InformationAccount because: (no reason given)




posted on Oct, 12 2011 @ 01:01 PM
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Using GDP is a horrible way to measure an economy.



Now the question is why are you being lied to about there being some sort of an economic crisis in America?

Is this a serious thread?
edit on 12-10-2011 by Rockdisjoint because: (no reason given)



posted on Oct, 12 2011 @ 01:02 PM
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America is truly the land of opportunity. Now the question is why are you being lied to that there is an economic crisis in America?


FAIL


Look at FIAT currency....the federal reserve...and you will find the answers as to WHY the american economy WILL fail. (and why the productivity of the people makes NO difference)



posted on Oct, 12 2011 @ 01:03 PM
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reply to post by InformationAccount
 


You have the GDP blinders on. Do some homework...



posted on Oct, 12 2011 @ 01:04 PM
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I love a good laugh in the morning.......
I do hope this isn't serious, otherwise



posted on Oct, 12 2011 @ 01:04 PM
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Let me counter that for you with some fine graphs.
www.businessinsider.com...
edit on 10/12/2011 by dethduck because: (no reason given)



posted on Oct, 12 2011 @ 01:07 PM
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reply to post by InformationAccount
 


Wonderful....sarcastic....comedy routine.

I applaud you.....maybe you should apply to be a writer on (Saturday Night Live)....I'm just saying.

The United States is in economic trouble....



posted on Oct, 12 2011 @ 01:09 PM
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Wow, not even sure where to start with this; can't imagine you're being genuine. How about the number of factories that have closed in the past decade or so or the current unemployment rate. Where are the steel mills, cement and lumber production? We can't continue having half of our country receiving some sort of government check.



posted on Oct, 12 2011 @ 01:09 PM
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You cant inject paper money into a system to make it work.It is just like having 10 credit cards maxed out to their limits,getting ten more credit cards,using 2 cards to pay off the original ten cards,then maxing out the remaining 8 cards on a spending spree,then repeating the process.Eventually,they will stop giving you credit cards,and it all collapses as does every ponzi scheme.



posted on Oct, 12 2011 @ 01:13 PM
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America is so productive that a vast majority of it's citizens don't have to work. In fact many receive money from the hundreds of government programs that have been set up to help it's citizens.


Isn't that the problem right there? The USA government doesn't want to give the citizens money, they need to pay down mega interest on a ridiculously large debt fueled mostly by having an oversized military presence and/or war in way too many countries.

Plus the government doesn't understand how to budget properly.



posted on Oct, 12 2011 @ 01:14 PM
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There is a JOB crisis.
There is a crisis of pilfered labor and corruption at the highest levels.
There is a crisis of small businesses failing all around us.

There is a crisis.



posted on Oct, 12 2011 @ 01:20 PM
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reply to post by InformationAccount
 


Are you living in the past?



posted on Oct, 12 2011 @ 01:20 PM
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Is it just me or am I sensing a heavy amount of sarcasm from the OP? Most productive nation on earth? Maybe, but what happens when being the most productive nation is a valuable as being the smartest kid in special ed?



posted on Oct, 12 2011 @ 01:20 PM
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Originally posted by DelMar

How about the number of factories that have closed in the past decade...

Where are the steel mills, cement and lumber production?


Those interests have been relocated to China in order to further the goals of the National economy.



posted on Oct, 12 2011 @ 01:22 PM
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Originally posted by Viking9019
reply to post by InformationAccount
 


Are you living in the past?


These figures come directly from the US Department of Commerce

Who else would know how well the national economy is doing?

www.bea.gov...



posted on Oct, 12 2011 @ 02:56 PM
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your first problem is your using number the "goverment" is providing you. When your economic numbers are based on a fiat currence that is being inflated then yes, the numbers look good. take out the inflated number, 12%, and your looking at really bad numbers.

If you would use the calculations Clinton used when he was Prez, inflation would be at 12% right now! So when you have a 12% inflated dollar then yes, profits would look up, GDP would look up and any other number you look at would look up. but get out on the street and look around. things arnt up!

This is just the start. it will all come crashing down 6 months to a year from now. get ready, store food!
edit on 12-10-2011 by camaro68ss because: (no reason given)



posted on Oct, 12 2011 @ 03:03 PM
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I love the use of sarcasm and wit

Well done
thanks for the smile



posted on Oct, 12 2011 @ 03:10 PM
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reply to post by InformationAccount
 


If you want a genuine comparison, use GDP at purchasing power parity per capita .

Another thing to consider is that an economic crisis is not limited to the US, so if everyone is hit by a crisis, you are still going to be near the top. Yet there is a crisis present.



posted on Oct, 12 2011 @ 03:26 PM
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People thought you were being serious.
But anyhoo, USA is indeed the most productive nation on earth. When it comes to making toilet paper, that is. And the Jewderal Reserve is the biggest toilet paper factory in the world.




posted on Oct, 12 2011 @ 04:04 PM
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Originally posted by Maslo
reply to post by InformationAccount
 


If you want a genuine comparison, use GDP at purchasing power parity per capita .


Even using your statistics the US is well near the top.

Americans are enjoying a lifestyle well above that of many others in the world.

Be grateful

American citizens should be holding up signs proclaiming thier thankfulness to a wise and omnipresent government.

It is because of the wealth of Wall Steet, Corporations and the generosity of the government that many of those protesting Wall Street have the free time to be there and are still able to feed themselves.
edit on 12-10-2011 by InformationAccount because: (no reason given)



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