Posted 11/12/2012 12:50 (#2692970 - in reply to #2692915) Subject: RE: Your not alone..
N FLA
Is GDP an indicator of anything now? Do all the Repo's and Credit Default Swaps and all our other "finance economy" tools fit in there? I think about how much of our economy has just become paper trading and wonder if all those exchanges and profits from using free money are counted as production. We tend to use it as a divisor and say everything is OK, but is it still an accurate proxy for production?