On 12/19/2012 4:08 PM, meekerdb wrote:
Is there any indication of how much of that GDP number is actually
built on sovereign and private debt?
How would you define 'built-on'? If I borrow money to start a
business and the money comes from a pool that Japanese and Germans
invested in does that mean my business is "built-on" private debt?
GDP is the value of what is produced.
I am interested in how economic models evolve to adapt to new
economic processes. Consider how much money is made and lost in the
investement in speculative instruments, stocks, bonds, credit systems,
derivatives, etc. My question is considering such...
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