Comment 34627

By JonC (registered) | Posted October 08, 2009 at 16:59:50

To be completely off topic.... GDP does not account for source of funds. So if a trillion dollars gets invested from savings or a loan, it still counts as a trillion dollar investment. Borrowed money does not count as an import. Which again is why the GDP is ridiculous. There is no modification to GDP based on source of funds, which I explained last time, but of course, you didn't pay attention to things that counter your world view. You can go back to the forum you retrieved the old quote from and reread it for clarification. If you have some sort of source that would indicate I'm incorrect about that, feel free to cite it.

Again though, the point was, that if you ever want people to take you seriously, you have to present reasonable ideas in a socially acceptable manner, I called your idea stupid because a) it doesn't model the reality of how GDP is measured and b) that was probably about a half dozen posts that you had made in that thread that were factually incorrect and ignored previous posters corrections. I'm rude sometimes.

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