TS, I quoted your posting on 5th September, 2010 point 2
"2) Our High GDP growth rate is not possible when we have
negative productivity gains. They come from increase in government
spending (military jets, infrastructure, like IR, universal
studios) and rising paper value of the houses which keep changing
hands which adds up to GDP. i think our GDP is pretty tied to
property"
"rising paper value of the houses
which keep changing hands which adds up to GDP" ??? You don't
even know that GDP does not include the re-sale value of
houses.
Please go back to study your "A"
level economics lor.
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The statistics that I shown you in
the earlier post has shown how the different sectors contributed to
the overall economic growth of the economy.
"Manufacturing output expanded by 44.5 per cent
on a year-on-year basis. Growth was led by the biomedical
manufacturing and electronics clusters, which increased production
of higher value active pharmaceutical ingredients and semiconductor
chips. The construction sector
grew by 11.5 per cent, supported by an increase in public sector
construction activities.
The services producing industries continued to expand by 11.2
per cent year-on-year in the second quarter of 2010. The
wholesale & retail trade sector expanded by 18.9 per cent on
the back of strong global trade flows, while
the financial services sector grew by 10.2 per
cent due to increased foreign exchange trading activities and
domestic bank lending. The
hotels & restaurants sector as well as other services
industries also saw double-digit growth rates of 10.4 per cent and
12.9 per cent respectively, bolstered by higher visitor arrivals
and activities in the new Integrated Resorts.
Real GDP grew by 17.9 per cent in the first half of 2010, as
compared to 2.8 per cent in the preceding second half of 2009"
Your claim that "Our
High GDP growth rate is not possible when we have negative
productivity gains. They come from increase in government spending
(military jets, infrastructure, like IR, universal studios) and
rising paper value of the houses which keep changing hands which
adds up to GDP" just shows
that you do not KNOW how to calculate the different sectors
contributed to the overall economic growth of the
economy.
Please go back to study your
economics 101 lah.
Alright, although we have digressed away from my main topic i
shall humor you so'd you shut up and focus on my First post.
Yes i did say
'And rising paper value of the
houses which keep changing hands which adds up to GDP'.
It was poorly phrased so let me rephrase it by adding afew
words without losing the essence of the point
:
'And rising paper value of the
houses (which keep changing hands from speculative buying) which
adds up to GDP.'
Dumbass.
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Now second point
I still stand by my statement "Our
High GDP growth rate is not possible when we have negative
productivity gains. They come from increase in government spending
(military jets, infrastructure, like IR, universal studios) and
rising paper value of the houses which keep changing hands which
adds up to GDP". Of course i understand how the different
sectors contribute to GDP,
That point is trying to say that these are fake
growth and temporary and not meant to say they contribute
nothing!
Leme spell it out for you
The 33% of our GDP stimulus package is also government spending,
and have caused the caused the CPI to rise from negative to 3% to
date. Have you ever thought that growth in the financial services sector and
wholesale & retail trade
sector was because of the excess stimulus money
supply and speculation from false confidence?
Our increase in Manufacturing output, Sure, they
are led by some bio thing but they are not the totality of it all?
have you thought that these also include temporary things like
stocking and all the things we're building? (i.e TEMPORARY?).
And the points highlighted in blue
are in my favor so i shant elaborate
By the way you should know that GDP also includes government
spending which is the increasing debt of the government into the
billion. The fact that you so easily dismiss that and the stimulus
in your 'GDP presentation' shows
that you do NOT KNOW how to calculate the different sectors
contributed to the overall economic growth of the
economy.
Please go back to study your
economics 101 lah.
The fact that i come back from clubbing and still own u means
maybe u should go more basic..... maybe economics
100000000000000000000000000001 hahaa
