Zero Growth
Economy!
Why U.S. GDP Hasn’t Really Increased Since 2000
While official sources forecast U.S. Gross Domestic Product (GDP) to surpass $20 trillion this year, the real figure is probably much less. So how much less is real U.S. GDP? Well, that depends on how it is measured. If we factor in energy consumption and the increase in total public debt, U.S. GDP is likely less than half of the current figure.
Yes, it sounds insane to say that the current U.S. GDP is likely overstated by at least 50%, but if we go by fundamental data, it isn’t that crazy at all. Unfortunately, Americans have been conditioned to believe that money grows on trees and energy comes from the Wizard of Oz. Thus, if we need more money, then the U.S. Treasury can print more Federal Reserve Notes, or we can swipe the credit card. And, if we need electricity, we just switch on the light. Easy… Peasy.
Due to the highly complex nature of the world in which we live in today, the individual is clueless as to the tremendous amount of energy and work that it takes to produce the foods we eat and the goods, energy, and materials we consume. So, it should be no surprise that U.S. GDP can be overstated by 50%+DYI: American debt machine and securing hydrocarbons through our war machine (Middle East) [I’m ex-military; U.S. Army and no, I do not condone these operations] is the only reason since 1996 or so our economy’s “real growth before debt/energy costs” has been flat.
The elites [Rothschild’s, DuPont’s, Rockefeller’s, Melons, Kennedy’s, Warburg’s, and Queen of England & Netherlands etc.] are fighting over control of a zero growth economy.
The
Great Wait will end and soon the Great Reset will transpire. At a minimum a 50% hair cut of the U.S. stock market will arrive. Most likely from
peak to trough via multiple cyclical markets and possibly as long as Japan [20
years] is a melt down of 85%+.
DYI
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