Registered: Sep 2005
09-05-12 02:34 AM
Quote from trefoil:
Oh man, anyone who believes a word from his piehole deserves to be parted from his money.
Not that there would be any suspense about it, it'd happen anyway. A fool and his money will always be parted regardless, the only question is the timing.
It's not only him, it seems like it's everyone. You don't know who to believe. I'm actually 50/50.
I really think our country is doing great but just might be going through growing pains. Yeah we have huge debt at 16 trillion BUT our GDP is 16 trillion!! I have a chart of our GDP attached, look at it, it's huge.
We have high debt because we have huge growth. Granted, they've devalued the dollar and that could be adding to the growth.
But still you have huge industries that have exploded within our country that have added to great growth -- Healthcare, pharma, telecomm, technology -- computers, internet.
I mean look at the GDP in 1960, The U.S. was at 500 billion. Now we are at 15 -- 16 trillion. Unreal!
Our country will go through growing pains, probably another crash and a lot of volatility but I think it will set us up for prosperous times ahead.
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