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The New DU. Reply #5: Beyond the banks...
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Bigmack
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Mon Jan-17-11 10:46 AM
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... what happened to the rest of the GDP?
How much is "service related"? How much is stuff that we export/manufacture/build? We sell each other a lot of lattes and fast food, but that ain't serious GDP.
If the banks fold, we can't bail them out again... no money. So if they fail, our GDP will drop to 3rd World levels.
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