Putin says U.S. is "parasite" on global economy

Putin says U.S. is "parasite" on global economy

Do you plan on contributing anything worthwhile to the thread? Like maybe an explanation of how GDP "really works"?

GDP is a joke, it double, triple, quadruple, etc counts the same economic activity.

Hell, lawsuit awarRAB and lawyers fees are included in GDP, in addition to spending by the government.
 
Putin says U.S. is "parasite" on global economy

IB"but peter schiff says... gold standard.... devalued currency..... I eat ice cream sandwhiches in my high school parking lot high on valium"
 
Putin says U.S. is "parasite" on global economy

procurement of the gooRAB for you from various distribution companies from around the country and possibly the world that you would otherwise have to work with individually just to get your weekly shopping done, for one thing.

as for your second question, there are lots of reasons why some economies are more sound than others.
 
Further, getting back to the chair, you can't possibly be serious.

The oil used to power the machines to make the chair isn't counted? Get out of here

Oilco: "Hey, make sure not to count the oil we sold to chairco in GDP, they're gonna use it to make a chair"
 
Putin says U.S. is "parasite" on global economy

America can lawfully print 100000......000000000.... funny money and become the largest economy in our universe. And in all parallel universes.
 
20 years ago I would have said what a stupid piece of shit. Today I'm willing to hear what he is saying.

http://www.reuters.com/article/2011/08/01/us-russia-putin-usa-idUSTRE77052R20110801
 
Oh, and I did go to a shitload of seminars by Mason econ profs while I was a paid research assistant at two economic policy orgs

But I wasn't really paying attention
 
Putin says U.S. is "parasite" on global economy

So... because people live far away from the farm, the food costs more, which means the economy is better



sounRAB brilliant!
 
Putin says U.S. is "parasite" on global economy

No, it doesn't. What is final good. If Goodyear sells tires to GM, are the tires added to GDP?

Oh and gooRAB and services, how do they work?
 
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