Thread: Breaking News
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Old 09-11-2003, 06:50 AM  
theking
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Join Date: Sep 2002
Location: The good old USA!!!
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Quote:
Originally posted by Joe Average


If that happens then the terrorists will have won.

How do you think that will affect your stockmarket and subsequently the world economy? How would it ever recover with the threat of another attack. You can't kill every fanaticial muslim on the planet - they're in every country.

Muslim terrorists have nothing to lose. They want to die. Always be afraid of those with absolutely nothing to lose... especially if you are someone that does.
Americans are not afraid to die and this has been proven through out the history of America...and Americans will gladly oblige those that want to die. As for the stockmarket and world economy...if you recall there has been a few major conflicts that the US has been involved in and the economy recovered. As an example.

Quote:
Originally posted by Colin


A few of my bookmarks:

US debt: http://www.publicdebt.treas.gov/opd/opdpenny.htm

Great site for GDP data.
http://www.bea.gov/bea/dn/nipaweb/Ta...=2003&Freq=Qtr

For example, Look up 1945 on both pages.
Debt 258.7 billion
GDP 223.0 billion

So you can see the debt/gdp ratio was actually higher in 1945 than it is today (It ballooned from pre-war figure of about 43% to greater than 100% by end of war )

In 1950, it was still 87%.
And yet the years after the war the economy boomed and the '50's (even with another war) were very good years.
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