Global Economy Much
Larger Than Reported
According to the United Nations organization, �uncounted barter
deals� among nations of the world means one thing � our global
economy is much larger than what�s reported by official government
For example�Pakistan and the Philippines have surplus commodities
(Pakistan has rice, the Philippines has sugar). The two countries
are working on a barter transaction that will avert any shortfall of
these commodities for the two countries. Globally, countless
countries follow similar strategies.
In fact, the United Nations has estimated that such bartered
production exists outside of official money-based GNP (gross
national product) sector of the world�s economies to the tune of
nearly $16 trillion. That amount is simply missing from official
global GDP figures of some $48 trillion.