Plateforme Level Extreme
Abonnement
Profil corporatif
Produits & Services
Support
Légal
English
A.I.G. -- what gall!
Message
De
17/03/2009 10:00:32
 
 
À
17/03/2009 09:49:09
Information générale
Forum:
Finances
Catégorie:
Autre
Divers
Thread ID:
01388473
Message ID:
01388668
Vues:
31
>>>>>Ever heard of printing dollars for nothing and export your inflation?
>>>>
>>>>It is only getting worse:
>>>>
>>>>The budget plan projects a federal deficit of $1.75 trillion for 2009, or 12.3% of the gross domestic product (GDP), a level not seen since 1942, the first year of World War II for the United States.
>>>>
>>>>http://www.finfacts.ie/irishfinancenews/article_1016060.shtml
>>>>
>>>>and:
>>>>
>>>>It's time for a pop quiz. What is bigger than the combined economies of India, Russia, Brazil, Spain, and Canada? Answer: the U.S. budget deficit over the next ten years, if the Obama budget plan becomes law.
>>>>
>>>>President Obama plans to borrow about $7 trillion over the next ten years to finance all of his spending plans. That is a big number, and a tough thing to put in perspective. To present an idea of the scale of the deficits, the attached chart compares Obama's projected deficit with the 2007 GDPs of the eleven largest economies on earth other than that of the U.S.
>>>>
>>>>The projected ten-year deficit is larger than the Japanese economy. It's larger than the German economy. It's larger than the bottom five economies on the list combined.

>>>>
>>>>http://www.aei.org/publications/filter.all,pubID.29501/pub_detail.asp
>>>>
>>>>And how about this alarming graph:
>>>>
>>>>http://4.bp.blogspot.com/_dTWAbdNYCs0/SabR9OqXBCI/AAAAAAAAAB8/teilZBcrO0s/s1600-h/deficit.gif
>>>
>>>Please, note that 1.75B deficit number for 2010 is built on rosy prediction that V-shaped economic recovery will start this year. Any delay in this process, or just a sluggish (not V-type) recovery would move deficit beyond 1.75B.
>>
>>I think the 2nd graph on the last link reflects that...
>
>It may do it, but as you know, usually, I am constrained to read links in business hours :). Sorry, if it causes some misunderstanding on my side, sometimes.

It was good you posted your comment anyway. I should have made it clear that currently economists forecast 1.75B or higher after the last spending bills passed were added to the budget forecasts...
.·*´¨)
.·`TCH
(..·*

010000110101001101101000011000010111001001110000010011110111001001000010011101010111001101110100
"When the debate is lost, slander becomes the tool of the loser." - Socrates
Vita contingit, Vive cum eo. (Life Happens, Live With it.)
"Life is not measured by the number of breaths we take, but by the moments that take our breath away." -- author unknown
"De omnibus dubitandum"
Précédent
Répondre
Fil
Voir

Click here to load this message in the networking platform