Tuesday, August 2, 2011

"It's All About The Billionaires, Baby"

YUMI K PARIS FASHION WEEK FRONT ROW 2008


1) The United States has maintained itself as the world's largest economy since the 1870s.


2) The US Dollar holds about 60% of the world's reserves, as compared to the Euro, its top competitor, which controls about 24%.


3) The United States is the largest trading nation in the world.


4) Transportation accounts for approximately 68% of the oil used in the United States.






5) In 2008, the manufacturing output was greater than that of the manufacturing output of China, India, and Brazil.


6) China owns 1.6 trillion in U.S. securities.


7) New York City is the financial capital of the world, alongside LONDON.


8) To fund the national debt, the United States relies on selling US treasury bonds to people both inside and outside of the U.S. 


9) About 30% of the entire world's millionaire population reside in the United States.


10) About 34% of the world's BILLIONAIRES reside in the United States.
SMITHSONIAN AFRICAN ART MUSEUM APRIL 2011




Just a few stats and shticks in regards to our homeland, as a frame of reference in all of this melee of political jazz hands. 


Basically, the sky is not falling! It's straight UP. Go outside and tell me it ain't so;)



Check out the UCLA Anderson Forecast and the California Department of Finance for economic predictions for the sunshine state from our local social science academics and financial forecasts.

* My 'facts' are referenced on Wiki's "US Economy" page and the Real Estate Economics textbook, just for the sake of some form of citation.

PS. AND JUST SO NONE OF YOU LEARNED FISCAL TYPES TRY AND 'CORRECT' ME, WATCH THIS HOT VIDEO INTERVIEW I DID OF LILY CADE JUST AFTER WE GOT DONE WITH.... WOMEN'S WORK.... IN THE KITCHEN. 

YEah.....THat oUGhtA DO iT! =)

video

What's up next for tomorrow's post? "Czech Mate! In Search of Bohemia"...STAY TUNED!!!

Mercury Retro-Style,
SANDRA LONDON

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