Comments on: Gross Domestic Product by Industry: Winners & Losers http://www.visualizingeconomics.com/2007/07/02/gross-domestic-product-by-industry-winners-losers/ Making the "Invisible Hand" Visible Mon, 08 Sep 2008 02:08:38 +0000 http://wordpress.org/?v=2.3.3 By: george http://www.visualizingeconomics.com/2007/07/02/gross-domestic-product-by-industry-winners-losers/#comment-21603 george Mon, 14 Jul 2008 05:14:41 +0000 http://www.visualizingeconomics.com/2007/07/02/gross-domestic-product-by-industry-winners-losers/#comment-21603 Will love to see this graph after the devaluation of the false debt that is occurring right now in 2008. With the dollar devalued and the real estate finavce sector showing such disaster what industry will be left with GNP? Furthermore Since GNP measures only the exchange of money it is possible the transfers of huge amount of bad debts will still show the real estate field has having a high portion of GNP even though the debt is bad. Thus the better more modern version of GNP should be used such as GPI http://en.wikipedia.org/wiki/Genuine_Progress_Indicator or something else that doesn't count as "product" the transfer of bad debt or the economic activity surrounding disaster recover (whihc GNP does include as an increase in prosperity). Will love to see this graph after the devaluation of the false debt that is occurring right now in 2008.

With the dollar devalued and the real estate finavce sector showing such disaster what industry will be left with GNP?

Furthermore Since GNP measures only the exchange of money it is possible the transfers of huge amount of bad debts will still show the real estate field has having a high portion of GNP even though the debt is bad.

Thus the better more modern version of GNP should be used such as GPI http://en.wikipedia.org/wiki/Genuine_Progress_Indicator or something else that doesn’t count as “product” the transfer of bad debt or the economic activity surrounding disaster recover (whihc GNP does include as an increase in prosperity).

]]> By: Online Debt collection http://www.visualizingeconomics.com/2007/07/02/gross-domestic-product-by-industry-winners-losers/#comment-18087 Online Debt collection Tue, 29 Apr 2008 14:07:14 +0000 http://www.visualizingeconomics.com/2007/07/02/gross-domestic-product-by-industry-winners-losers/#comment-18087 Great information. Even though this information is old it still tells the tell of the industries to this day. Great information. Even though this information is old it still tells the tell of the industries to this day.

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