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GDP UP
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<blockquote data-quote="tieguy" data-source="post: 696779" data-attributes="member: 1912"><p>quote from your link:</p><p> </p><p>"</p><p>Yes, I know all about the stock market rally from last March. I know all about the claimed GDP "improvement." But I also know that we got both by adding more than $2 trillion in debt to the United States - <strong>or roughly 14% of GDP</strong> - over the space of the last 18 months. That's about 10% of GDP annualized, and incidentally, a 10% GDP contraction is the common economist's definition of an Economic Depression."</p></blockquote><p></p>
[QUOTE="tieguy, post: 696779, member: 1912"] quote from your link: " Yes, I know all about the stock market rally from last March. I know all about the claimed GDP "improvement." But I also know that we got both by adding more than $2 trillion in debt to the United States - [B]or roughly 14% of GDP[/B] - over the space of the last 18 months. That's about 10% of GDP annualized, and incidentally, a 10% GDP contraction is the common economist's definition of an Economic Depression." [/QUOTE]
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