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Lies We Are Being Told

Discussions about the economic and financial ramifications of PEAK OIL

Lies We Are Being Told

Unread postby deMolay » Tue 02 Feb 2010, 21:27:21

The economic spin explained. Debt is Good, Saving is Bad. http://dollarcollapse.com/articles/lies ... %e2%80%9d/
"We Are All Travellers, From The Sweet Grass To The Packing House, From Birth To Death, We Wander Between The Two Eternities". An Old Cowboy.
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Re: Lies We Are Being Told

Unread postby Novus » Tue 02 Feb 2010, 22:51:58

Going to have to add a new one to the list of unspeakable inherent lies:

War is Peace, Peace is war
Freedom is slavery, Slavery is freedom

Debt is Good, Saving is Bad.
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Re: Lies We Are Being Told

Unread postby pup55 » Thu 04 Feb 2010, 14:43:56

Washington defines interest on credit card debt as “consumer spending” and adds it to GDP


Oh, this is just the tip of the iceberg.

There are all sorts of things that the government adds to the so-called GDP number that add no value and produce nothing.
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