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Comments by "" (@urrywest) on "The dollar system's contradictions after de-linking from gold, with Radhika Desai & Michael Hudson" video.
@atulmamtora In GDP statistics it includes preditory ecnomic activity like an increse in private debt.... My point is activities that shrink the economy is included in GDP statistics... So as the economy is in a phase of quick shrinkage the GDP will show some growth.
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Professor Desai is entitled...
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.... 'Not sure that GDP is a good marker of production/consumption cylce.... Imagine a body where an area takes blood and don't return it? Otherwise where is this argument documented?
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Forks Knife?.... Is that a financhal vehicle that I don't understand?
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@atulmamtora Thesis die with the death of prognostications.... Biases change.... There are many things I don't understand well and once understood it is OK to develop nunances or contrary biases... The above makes no points... It is method over subtance.... A struggle to make sense of stuff.
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@wenkeadam362 Good... I thought it was a finachial vehicle that I had no hope of understanding.
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@dialecticcoma Looking for clues.
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@wenkeadam362 Peerhaps Fork Knife is a deindustrializing finachial vehicle they are describing?... Like the ever popular pump and dump operations. 'Eating the corpses of former industrial processef for dinner.
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