Re: per capita GDP numbers : bogus?



yarmfelder@xxxxxxxxx wrote:
> Yes, the numbers were adjusted for PPP.
>
> I just don't get believe them. How could the US economy
> be so strong when so many people are out of work?

In any given economy you could have a large % of unemployment, yet the
employed could produce enough wealth to have a large GDP/capita.

> Is this the effect of everyone's job & factories being sent to India?

The label "everyone's" is not correct. Some are, most are not.

>
> Also I would think that the US federal and state debt
> load would be a deterrant to more economic investment,
> and I know that the US is taking on huge amounts of
> debt (over $ 8 trillion).

Wall Street IS the financial market of the world. No other financial
market has its size and liquidity. It has reached such critical mass
that other regional financial markets have a hard time attracting
investment. I see no deterrent whatsoever; quite the contrary.


>
> Speaking of debt, where can I find a table listing each
> country's national debt?
>
> Thanks.

.

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