Q&A: Why the World Economy Sucks

A wonderfully funny questions and answers session that explains why the world economy is falling into massive amounts of debt. It'd be funnier if it wasn't true. But the Australian accents make up for it.

Category:

News & Politics

Tags:

• World
• Economy
• Failing
• Sucks
• Debt
• Greece
• Europe
• America
• China
• Euro
• Dollar
• Q&A
• Economic
• Collapse
• Recession

[vijayanand875]

1 % of the world population own 40 % of the global assets. The richest 2 % of the world population own more than 51 % of the global assets

[samdalton13]

@vijayanand875 not exactly why the world economy sucks. The world economy sucks because of too much government involvement and spending.

[Antiteshmis]

Hahaha .. Us economy much stronger ?? so how about all those states including California that are almost Bankrupt ? representing almost 36 % of the US GDP, while the PIIGS are just above 12 % of the European one.

One thing I agree upon though is we're all being owned by China ..

[panmetallica123]

lol

[Dimitri0809]

The Australian economy sucks so badly, and this is why, Australia can't compete with america germany or japans technology, Australia can't even buy a lot of america's Germanys or japans GDP. funny how a country with a sustainable population and an abundance of resources can't even produce half of the worlds GDP.

[surferjonson]

LOOOOOOOL

heehehe here is an idea i get a loan of 50K then leave 10k on a fixed deposit account ......split the reamaining 40k to another 4 *10k deposits accounts each in a different bank!!!!

each bank can lend 100k using that 10k as a collateral you think is crazy?

LOOOOOOOOOL

conclusion you get a loan of 50k and the banks can lend another 500k on that?

sweet!!!!!!!!!

[Calvert1212]

*top 2% takes shit on everyone else* bitches get a degree lol

[vijayanand875]

@samdalton13 you-tube hate long message,Absolutely agree with you,Sadly Today we have 100 times bigger weapon than Hiroshima Nagasaki,6 billion Just bullets used in Iraq so far,I'm scared&worried about our generations,In 2050 experts saying 2% of population will own 70% of wealth.If human born poor die poor,3/31/11 rain there was radiation in the rain government covered WHY because the business gonna effect,dumping Oil spills, toxic wastes,chemicals in Atlantic,they are saying i love my country

[tsewangapple]

And there the phd thesis someone

[tsewangapple]

The aggregate demand curve to the 4th power is the key to unlocking the potential of all the gross domestic product which is only achievable throught targeted expendtures in the supply- side encoding of the macro economic equation. That's why I think the Federal Reserve should carefully gage the money supply to avoid overheating of the supply-side balances which can lead to a keynesian infection on the bystatic curve.