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coolmodelguy
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Comments by "coolmodelguy" (@coolmodelguy6304) on "Yahoo Finance" channel.
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@danielj6899 - For those of you who are commenting one way or another on the merits of investing, I would like to ask a question or two. When the sum total of financial assets ( "investments" ) in the USA top $90 trillion and the economy as measured by GDP is around $21.5 trillion, how do "investments" make 6 to 7 percent while the GDP only grows by 2.56% annually? With wealth being larger and growing faster than the economy, how does the economy pay off the dividends wealth earns?
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@jamesmorton7881 - Well, I've got to back you up on this. Wealth grows faster than the economy. That wealth is fueled by debt, and debt grows faster than the economy. When I have asked a few simple questions of the investor types, not a single one will answer my questions. This leads me to believe that A) they never even looked at how capital gains are generated, or B) these investor types are perfectly willing to siphon off the wealth of the bottom 90% or get bailed out by the U.S. Treasury in order to get capital gains. Either way, capitalism is not the great freedom giver and poverty annihilator that the propaganda makes it out to be. Here is how I addressed my unanswered questions to investor types: For those of you who are commenting one way or another on the merits of investing, I would like to ask a question or two. When the sum total of financial assets ( "investments" ) in the USA top $90 trillion and the economy as measured by GDP is around $21.5 trillion, how do "investments" make 6 to 7 percent while the GDP only grows by 2.56% annually? With wealth being larger and growing faster than the economy, how does the economy pay off the dividends wealth earns?
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