Print Story MLPs for the Trotskies.
Diary
By Breaker (Thu Nov 27, 2008 at 03:06:55 AM EST) (all tags)
Noble Comrades,
It has come to my attention that some brother posters cast aspersions on the breadth of my financial and political website browsing.

For your delectation I present some sources, all far right agitator sites the lot of them.


Debt to lncome ratio.

Institute of Fiscal Studies on the PBR 2008 (look for Chote's assessment)

Market Oracle

That will do for now, comrades.


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MLPs for the Trotskies. | 3 comments (3 topical, 0 hidden) | Trackback
Mmmmm Beer... by Phage (4.00 / 2) #1 Thu Nov 27, 2008 at 05:06:01 AM EST


It's like magic realism, but not shit. - Scrymarch.


Debt to Income by jimgon (4.00 / 1) #2 Thu Nov 27, 2008 at 06:35:32 AM EST

I wonder what that ration will look like a year from now.





unfortunately the one link doesn't really mention by Phil Urich (4.00 / 1) #3 Tue Dec 09, 2008 at 04:35:40 PM EST
anything to do with it. I mean, comparing GDP to debt by subtraction? How does that make sense? One of the posters there makes the point better than I could: "You’re comparing debt to GDP. This makes sense to ratio (i.e., the US government debt / GDP = 10.5 Bil / 13.8 Bil = 76%), but the subtraction is meaningless. The “per capita net worth” of a country would be total assets - total liabilities / # people. You’ve used GDP for assets. I don’t know what the total assets of the US are, I’ve looked but haven’t found a good source." I'm quite deathly curious to see how the actual numbers break down, but of course most of the debt of the companies in the U.S. is offshored to accounts in tax havens, so it'd be damn hard to tell what the actual breakdown would be.

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MLPs for the Trotskies. | 3 comments (3 topical, 0 hidden) | Trackback