Not correct. Save your empty boasts for the trailer park FOX news set. US is deadbeat broke with a national debt of $15 TRILLION and going downhill and begging China to fund its LOST WARS. The latest US "interest" In Libya is no coincidence and the Bilderberg agenda is to reconquer Libya as an oil colony as it had been under the ailing puppet "king" Idrees in 1969. US economic plight is the major reason for its warmongering and rapid decline.
BTW, New Jersey is one of the poorest US states and has a debt of over $150 billion. They can't even afford to keep the toilets open on the NJ turnpike or pay the third world education system. Iran by contrast has virtually no foreign debt and despite pathetic "sanctions" has a rapidly growing economy averaging 3-4% real growth. Even the economist latest estimates predict Iran's GDP by 2015 to be in the $740 BILLION range. It may help if you read some realistic geo-strategic facts.
I am often amazed at education levels across the middle east, and find the US deplorable in that regard, however:
The Gross State Product of NJ was $483 bil in 2009. See: http://en.wikipedia.org/wiki/List_of_U.S._states_by_GDP
You are confusing the state government's debt with the gross product of state businesses.
If you really want to rant about the imminent downfall of the US, quote the current total of public and private debt together at- "$50.2 trillion!" or 3.5 times GDP. Scary.
Other countries (Japan, UK, South Korea, France and Switzerland) have total debt to GDP% that are even higher than the US, sans total collapse. See: http://www.gfmag.com/tools/global-database/economic-data/10403-total-debt-to-gdp.html#axzz1FQCpkYay
Back to my NJ trailer park, where there is freedom of speech and no death penalty.
3 comments:
Just for comparison:
GDP of New Jersey, is about $483 billion with <9 million population.
@ February 28, 2011 5:33 PM
Not correct. Save your empty boasts for the trailer park FOX news set. US is deadbeat broke with a national debt of $15 TRILLION and going downhill and begging China to fund its LOST WARS. The latest US "interest" In Libya is no coincidence and the Bilderberg agenda is to reconquer Libya as an oil colony as it had been under the ailing puppet "king" Idrees in 1969. US economic plight is the major reason for its warmongering and rapid decline.
BTW, New Jersey is one of the poorest US states and has a debt of over $150 billion. They can't even afford to keep the toilets open on the NJ turnpike or pay the third world education system. Iran by contrast has virtually no foreign debt and despite pathetic "sanctions" has a rapidly growing economy averaging 3-4% real growth. Even the economist latest estimates predict Iran's GDP by 2015 to be in the $740 BILLION range. It may help if you read some realistic geo-strategic facts.
I am often amazed at education levels across the middle east, and find the US deplorable in that regard, however:
The Gross State Product of NJ was $483 bil in 2009.
See: http://en.wikipedia.org/wiki/List_of_U.S._states_by_GDP
You are confusing the state government's debt with the gross product of state businesses.
If you really want to rant about the imminent downfall of the US, quote the current total of public and private debt together at- "$50.2 trillion!" or 3.5 times GDP. Scary.
Other countries (Japan, UK, South Korea, France and Switzerland) have total debt to GDP% that are even higher than the US, sans total collapse.
See:
http://www.gfmag.com/tools/global-database/economic-data/10403-total-debt-to-gdp.html#axzz1FQCpkYay
Back to my NJ trailer park, where there is freedom of speech and no death penalty.
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