I guess we've all been concerning ourselves with the American debt ceiling and the S&P downgrade.
Why didn't the US .gov cut spending as S&P had been saying?
The elephant in the room in my opinion is GDP.
GDP is simply defined as "C + I + G + (x - i) and "G" is government spending. Decrease it by 12% and GDP falls by (at least) 12%. This is simple math - subtraction.
Just something to consider as SSN operates in the US.
- Forums
- ASX - By Stock
- gdp..the american conundrum?
SNN
sonnet corporation limited
I guess we've all been concerning ourselves with the American...
Featured News
Add SNN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online