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Reality's most recent comments:
- On 12 May 2013
in
The spectacular failure of Austrian economics,
Reality said:
iwog says
The problem with this is that it isn't relevant. (probably because you forgot the conversation already) The issue was my assertion about GM production being included in the GDP. You jumped in, lied and said GM production isn't included in the GDP, then started some idiotic preaching about the GDI.
Oh proof? OF COURSE!!!!!!!!!!!!!!!!!!!!!
Looks like you still don't understand how GDP is calculated. If GM sells its production for less than its input factors (wage, parts, etc.), then according to the production approach, all the value of its production would have been more than cancelled by the intermediate inputs that have to be subtracted. - On 12 May 2013
in
The spectacular failure of Austrian economics,
Reality said:
iwog says
2. Everyone was warning of a housing bubble.
Talk about lies. Everyone??? That must be why the housing price kept going up, right? - On 12 May 2013
in
The spectacular failure of Austrian economics,
Reality said:
iwog says
Government regulations specifically requiring rating by these 3 agencies for many bond instruments.
Really? Link them.
Are you that clueless? Do I have to link "1+1=2" for you?
Oh, wait, I forgot, you don't even know what GDP is consisted of!
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