Mooby the Golden Sock
So it goes.
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Moo!
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« on: March 06, 2010, 11:48:07 AM » |
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History shows again and again how nature points out the folly of man.--BÖC |
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Waldo
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« Reply #1 on: March 06, 2010, 11:58:10 AM » |
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So, is it time yet to start investing in the mining of gold & silver?
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What is it to you?
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sky
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« Reply #2 on: March 07, 2010, 02:35:40 PM » |
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My username is sky and my password is #####
-its yours if you want it.
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Happy Evolute
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Gone Sailin'
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« Reply #3 on: March 07, 2010, 03:23:37 PM » |
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Very pretty, to be sure.
What is the underlying data set? How is it obtained?
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An axiom is a proposition that defeats its opponents by the fact that they have to accept it and use it in the process of any attempt to deny it. - Ayn Rand
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Steveox
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« Reply #4 on: March 07, 2010, 03:26:58 PM » |
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Blame the Democrats why our debt is so high!  |
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 Ha Ha Ha you missed again Charlie Brown! |
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sky
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« Reply #5 on: March 07, 2010, 06:50:10 PM » |
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I just don't know what we can do about it. It's the governments that spend all the money now days. We as citizens in the US don't have any control anymore. Canada Dept ClockUK Dept Bombshell |
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leese
is napping as
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« Reply #6 on: March 07, 2010, 09:04:15 PM » |
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"For me, it is far better to grasp the Universe as it really is than to persist in delusion, however satisfying... ~Carl Sagan
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SkunkButt
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Be pro-active. Raise a stinker.
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« Reply #7 on: March 09, 2010, 12:25:50 AM » |
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Iceland went bankrupt from bad, bad bank practices so they had to borrow from Spain and the UK.
In the past few days Icelanders ( who have better health care than the us according to 2000 WHO estimates ) held a referendum and over 90%% voted not to have taxpayers pay back debt caused by the banking practices.
Hint.
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JustMyron
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« Reply #8 on: March 09, 2010, 11:25:05 PM » |
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I just don't know what we can do about it. It's the governments that spend all the money now days. We as citizens in the US don't have any control anymore. Canada Dept ClockUK Dept BombshellNote the debt to GDP ratios: The US: 87% (according to the debt clock) Canada: 45% ish (national debt of 500 and a bit billion, GDP 1.4 trillion) UK: 33% (national debt of 900 billion pounds, GDP of 2.7 trillion) Debt to GDP measures the burden of debt on the economy (higher numbers are bad). Knowing that Canada's national debt is 500 billion dollars (maybe 400 billion US dollars) while Britain's is 1.36 trillion US dollars doesn't tell you much, by itself, unless you know the size of their economies. Debt to GDP ratios let you compare across countries with economies of different sizes. |
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« Last Edit: March 09, 2010, 11:43:12 PM by JustMyron »
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eramthgin
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So zetta slow.
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« Reply #9 on: March 13, 2010, 02:51:36 PM » |
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Blame the Democrats why our debt is so high!  Some prices are necessary. I myself tend put the blame on the war in Iraq and our dependency on foreign oil. We would be in much better shape if we avoided war altogether and found an alternative energy source. |
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« Last Edit: March 13, 2010, 11:27:50 PM by eramthgin »
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rickymooston
his contrariness the anti-admin
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antimoose
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« Reply #10 on: March 13, 2010, 08:43:54 PM » |
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The US: 87% (according to the debt clock)
Canada: 45% ish (national debt of 500 and a bit billion, GDP 1.4 trillion)
UK: 33% (national debt of 900 billion pounds, GDP of 2.7 trillion)
War is expensive. Is it smart for Canada to be more fiscally responsible than the US? Our economy depends too much on US economy for trade. Having a dollar at par with the US means less trade  http://tfc-charts.w2d.com/charts/CDM.GIF <-- Not sure if this proves co-relation but this is a graph of cdn dollar prices in USD. We sell lots of oil to US btw. |
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Steveox
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« Reply #11 on: March 13, 2010, 09:39:21 PM » |
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And the poor and the Middle class are getting poorer thanks to the I R S!! |
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Ha Ha Ha you missed again Charlie Brown! |
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Ratman
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« Reply #12 on: March 14, 2010, 08:10:51 PM » |
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I just got fired from my job and I don't have any incentive to go back to work so I can pay off my taxes that I owe. I have to say this chart tells me WTF's the point anymore?
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http://www.jesusneverexisted.com/"Jesus is a mythical figure in the tradition of pagan mythology and almost nothing in all of ancient literature would lead one to believe otherwise."
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sky
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« Reply #13 on: March 14, 2010, 09:17:51 PM » |
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Sorry to hear that Ratman, looking at these numbers when they get as big as they are it does make me wonder if they really mean anything. I just don't know what we can do about it. It's the governments that spend all the money now days. We as citizens in the US don't have any control anymore. Canada Dept ClockUK Dept BombshellNote the debt to GDP ratios: The US: 87% (according to the debt clock) Canada: 45% ish (national debt of 500 and a bit billion, GDP 1.4 trillion) UK: 33% (national debt of 900 billion pounds, GDP of 2.7 trillion) Debt to GDP measures the burden of debt on the economy (higher numbers are bad). Knowing that Canada's national debt is 500 billion dollars (maybe 400 billion US dollars) while Britain's is 1.36 trillion US dollars doesn't tell you much, by itself, unless you know the size of their economies. Debt to GDP ratios let you compare across countries with economies of different sizes. Myron, in order to determine the over all health of a countries economy don't you have to figure in the service industry too? |
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JustMyron
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« Reply #14 on: March 14, 2010, 10:04:36 PM » |
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Myron, in order to determine the over all health of a countries economy don't you have to figure in the service industry too? Yes, but GDP figures include both goods and services. According to the CIA world fact book, 1.2% of US GDP was in agriculture, 21.9% in industry, and the remaining 76.9% is services. https://www.cia.gov/library/publications/the-world-factbook/geos/us.html |
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SkunkButt
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Be pro-active. Raise a stinker.
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« Reply #15 on: March 15, 2010, 12:56:12 PM » |
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I just got fired from my job and I don't have any incentive to go back to work so I can pay off my taxes that I owe. I have to say this chart tells me WTF's the point anymore?
Sorry to hear that Ratman. Does this put you between a very large rock and a very hard place or are you optimistic? |
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JustMyron
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« Reply #16 on: March 15, 2010, 04:34:04 PM » |
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I think people are really boggled by the size of the debt numbers. But if you put them in proportion to the size of our economies, they're actually not so bad.
Think of it like, if you made $40,000 a year, and had $20,000 in debts, that's the equivalent of Canada's situation (total debt of about 1/2 of GDP). No, it's not ideal, but plenty of people manage debt at that level without a problem.
Yes, our debts are mind-bogglingly huge. But so too are our economies. And we're getting a raise of about 3% per year after inflation (3% real GDP growth). That's pretty solid.
Don't mean to change the subject from Ratman, though. My sympathy goes out to you, man.
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