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Skybird · 11-06-07, 07:11 PM

Of course this map, while superficially true, is leaving out a lot of perspectives from which to look at the terms of economy, and national wealth. Jobs, inflation, quality of work, distribution patterns of wealth inside the community, wages, credit levels come to mind. the GDP alone is like a mean value in statistics, maybe: a rough generalization of the characteristics of a national economy being thrown into one pot and mixed until there is only one colour left. Like a mean value is of little worth if additional descriptive data like for example variance, and quality analysis like reliability and validity calculations are not given, the GDP alone says nothing about how it's value is being acchieved, and if it is "real" value indeed, produced by solid financial self-power - or being pruduced on tick, for example. This is not meant to downtalk the opening posting, I just want to raise awareness for why it is necessary to have a wider perspective if one wishes to assess the strength or weakness of the american economy. the initial assumption, that it was said that the american economy is "weak", however is a misunderstanding - at least as far as maybe my postings of the past are aimed at. Please note that there is a difference between saying for example "the economy is weak", and "the economy is vulnerable". I never said the first, but in various contexts said the latter, especially with regard to money traficking and foreign investement levels, and the national debts.

Well, I do not wish to dive deeper into it, but I stumbled over this article

http://www.zeit-fragen.ch/ausgaben/2...n-zu-bezahlen/

from The Privateer from Novembre 2006 (for your reference http://www.the-privateer.com/ ), which unfortunately is translated into German and quoted in a swiss essay. I tried to pick it at the Privateer's homepage, only to learn that they are a subscriptiuon site and thus I cannot access their library to give you the English original.

However, for whatever it is worth, those of you being fluent in German, may see the wider perspective in it - and how far-reaching the dependancy between the US and the rest of the global economy is.

What I want to illustrate is: that you can have a high GDP, and being financially vulnerable and strategically highly dependant at the same time. this does not make the starting posting wrong. It just means that it is only one part of the complete picture.

11-06-07, 07:11 PM	#10
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 42,604 Downloads: 10 Uploads: 0	Of course this map, while superficially true, is leaving out a lot of perspectives from which to look at the terms of economy, and national wealth. Jobs, inflation, quality of work, distribution patterns of wealth inside the community, wages, credit levels come to mind. the GDP alone is like a mean value in statistics, maybe: a rough generalization of the characteristics of a national economy being thrown into one pot and mixed until there is only one colour left. Like a mean value is of little worth if additional descriptive data like for example variance, and quality analysis like reliability and validity calculations are not given, the GDP alone says nothing about how it's value is being acchieved, and if it is "real" value indeed, produced by solid financial self-power - or being pruduced on tick, for example. This is not meant to downtalk the opening posting, I just want to raise awareness for why it is necessary to have a wider perspective if one wishes to assess the strength or weakness of the american economy. the initial assumption, that it was said that the american economy is "weak", however is a misunderstanding - at least as far as maybe my postings of the past are aimed at. Please note that there is a difference between saying for example "the economy is weak", and "the economy is vulnerable". I never said the first, but in various contexts said the latter, especially with regard to money traficking and foreign investement levels, and the national debts. Well, I do not wish to dive deeper into it, but I stumbled over this article http://www.zeit-fragen.ch/ausgaben/2...n-zu-bezahlen/ from The Privateer from Novembre 2006 (for your reference http://www.the-privateer.com/ ), which unfortunately is translated into German and quoted in a swiss essay. I tried to pick it at the Privateer's homepage, only to learn that they are a subscriptiuon site and thus I cannot access their library to give you the English original. However, for whatever it is worth, those of you being fluent in German, may see the wider perspective in it - and how far-reaching the dependancy between the US and the rest of the global economy is. What I want to illustrate is: that you can have a high GDP, and being financially vulnerable and strategically highly dependant at the same time. this does not make the starting posting wrong. It just means that it is only one part of the complete picture. __________________ If you feel nuts, consult an expert.