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The world economy is starting to recover

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  • The world economy is starting to recover

    The world economy is starting to recover

    The U.S. economy returned to growth in the third quarter

    Japan’s jobless rate unexpectedly dropped to a four-month low in September

    China's GDP grows nearly 9 percent last quarter, and tips a 10.6 percent growth in the 4th quarter

    Most economists tipping the Uk will return to growth in the 4th quarter

    I think the world leaders handed the world financial crisis excellently. Aggressive expansionary Monterey policy with a sound fiscal policy helps contain the GFC the world financial crisis since the great depression

    Debt load is not prohibitive to growth. This has been proven. Greatest periods of economic growth were post revolution and post WW2 both of which were periods where it's debt/GDP ratio were actually higher than they are now. The argument that government debt is problematic for economic growth runs contrary to historical realities. Debt only seems to become an issue for economic growth when the government cuts spending drastically in an effort to pay it off quickly, which is the opposite of what is currently happening.

    Well Done, The federal reserve, Obama, EU, and China.

  • #2
    And here I thought we had the highest unemployment in 26 years.

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    • #3
      Fuck politics and all these agenda havin, propaganda pushing muh****ers.

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      • #4
        Originally posted by The Dice View Post
        The world economy is starting to recover

        The U.S. economy returned to growth in the third quarter

        Japan’s jobless rate unexpectedly dropped to a four-month low in September

        China's GDP grows nearly 9 percent last quarter, and tips a 10.6 percent growth in the 4th quarter

        Most economists tipping the Uk will return to growth in the 4th quarter

        I think the world leaders handed the world financial crisis excellently. Aggressive expansionary Monterey policy with a sound fiscal policy helps contain the GFC the world financial crisis since the great depression

        Debt load is not prohibitive to growth. This has been proven. Greatest periods of economic growth were post revolution and post WW2 both of which were periods where it's debt/GDP ratio were actually higher than they are now. The argument that government debt is problematic for economic growth runs contrary to historical realities. Debt only seems to become an issue for economic growth when the government cuts spending drastically in an effort to pay it off quickly, which is the opposite of what is currently happening.

        Well Done, The federal reserve, Obama, EU, and China.
        could you be more naive....
        Last edited by - v e t -; 10-29-2009, 08:38 PM.

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        • #5
          Originally posted by Jim Jeffries View Post
          And here I thought we had the highest unemployment in 26 years.
          Unemployment is the last lead indicator that falls in a recovery. Give it time

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          • #6
            Well when my services are in high demand I will believe it.

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            • #7
              Originally posted by QUELOQUE View Post
              Fuck politics and all these agenda havin, propaganda pushing muh****ers.
              What propaganda??? This is really news; USA is out of the recession.

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              • #8

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                • #9
                  2.36 percentage points of the 3.5 percent third-quarter growth in GDP came from consumer spending. Car sales alone represented 1 percentage point of total growth, reflecting the success of the government's Cash for Clunkers program.

                  And the holiday season is close. Means more spending

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                  • #10
                    Originally posted by The Dice View Post
                    What propaganda??? This is really news; USA is out of the recession.
                    I'm not going at you per-say, it's the first time I see you posting something political.

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