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GDP numbers are faulty. They were never intended to nor accounted for a credit based application. Their integrity is not valid to use for anything.
There is no factorization nor accommodation for the “propped up” unrealistic value of credit underlying its foundations.
Any model using the GDP or ADP is going to also be faulty.
In order to get an accurate representation that can depict the current situation and aid in evaluating various possibilities of corrections that can be made or influences that can be brought to bear on it, the numbers available around the world about element normally used to tally the GDP would need to be input directly.
This means without utilizing the accepted GDP or ADP in any way for the models.
The last post I made, includes a dimensional flux model that can accurately depict the complexity and current dynamics of the US economy – macro economy and global economy. This can be used to understand what pull or tug, here or there, would cause and what would be impacted in real time and projections.
This macro-economic modeling process and equations are found here and through its creators:
Written by Cricket Diane C “Sparky” Phillips, 10-10-08, USA