Thursday, December 22, 2016

Global GDP Contracted

In 2014, global GDP was $78.4 trillion; in 2015, global GDP was $73.9 trillion.  For 2016, global GDP is projected to be $73.21 trillion.

This prompted a lot of questions leveled at global companies.  They agreed that “emerging markets” like selling tooth brushes to third-world country consumers was not showing any gains.  That’s when the world began to suspect that our salvation through globalism might be a lie.  That’s when abused voters in many countries were prompted to focus on their local economies.  

Global assets include real estate $217 trillion, securitized debt $94 trillion, equities $55 trillion, gold & silver $3.1 trillion. 




Norb Leahy, Dunwoody GA Tea Party Leader

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