Quote Originally Posted by bsnub View Post
Quote Originally Posted by Hawker
I don't recognize the GDP calculations in the US because it makes no sense to do so. 70% of their economy is consumption.
Wow. What are we talking tin foil hat economics? Consumption is calculated into every countries GDP in the world. The countries that you have mentioned also "consume" and have fairly high consumption rates. Your argument is flawed.


China 35%
Germany 58%
Japan 61%
Russia 48%

Household final consumption expenditure, etc. (% of GDP) | Data | Table

Time for a new argument eh?

BTW Russia doesn't not produce much other than natural gas and oil. Money is flying out of the country at record levels and they have one of the highest rates of graft and corruption in the world. Not exactly a place that corporations want to invest regardless of less tax or regulation.
Time for a new argument or time for you to take a course in basic economics. Yes ! All of those countries consume. But they PRODUCE more then they consume. Their consumption is mostly their own production. Russian companies are the foremost experts in nuclear technology and Russia also is the biggest exporter of uranium. Russia is also the leading rocket launch provider for satellites in the world while NASAs crap makes it way to museums.

Do you have any relevant points ?