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How about an Associate's in Computer Science, a Bachelor's in Software Engineering, a Master's in Finance and a Master's in Accounting. :D I actually have the first 3 and am about 1 year away from finishing the MS in Accounting. I'm going to try and get the CPA started over the next year too...

Exactly...apparently people seem to overlook the "little fact" that the US is potentially the biggest producer of food, and also has perhaps the biggest supply of natural gas. Yeah...the US has "no natural resources"...oh, except the only 2 that really matter at the end of the day. :D

Yes...palin the former beauty pageant model is one of the "common folk"...lmao...thanks for the laugh. :D

That's a 2 way street there though. I personally never insult any other culture and make it a point not to and to respect everybody. But I've been treated like shit by people around the world who think "they are better" than me because "I'm a dirty American", so many Americans have negative...

All the fed has to do is to raise rates and this would effectively not only increase the demand for money, but also indirectly reduce the money supply. The demand would rise as many would be looking to lock in loans at lower rates. The money supply would indirectly shrink as those who...

The irony there is that while you're accusing somebody else of being a "China hater", all of your posts seem to reek of being nothing but American hating.

What about property taxes on that house?

Didn't you hear? The "new global economy" is going to have all the commodity based economies exporting steel to each other in an infinite loop. :D Never mind the fact that very little innovation comes out of the "emerging" markets. But no worries, like I said, they'll just export steel and...

The funny thing too is that when Rome collapsed, it took like another 1000 years for any "empire" to even come close to matching Rome. These doom and gloomers are hilarious. They basically are wishing for the US to "collapse" thinking that some other country is going to "fill the void"...

You know what looks even dumber? Misinterpreting my words and not understanding the English language. I said the US was a massive export economy to China and Europe. As in the economy of the US is an export economy to China. NOT that the US massively exports to China. My point for you...

You apparently don't understand symbiotic relationships too much. Not only is the US a massive export economy to China, but the US is also a massive export economy to Europe...you know...that place that China's "biggest" export economy is? So, if the US stops consuming, it will hit China in...

Wow...China already "diversified" away from the US economy? That was quick. What did it take them...a couple of weeks or something?:D

I'm not sure I can really agree with that though. Banks have essentially put massive amounts of temporary money into circulation (as you've stated). When defaults happen, there is a permanent damage done to the bank. They loaned fictional money out. So, when other borrowers pay back dollars...

True...but it affects the balance sheets of the banks. Then when other borrowers pay back loans to the bank, in order to replenish reserve requirements, or for the bank to pay its own expenses, those "dollars" are never loaned back out when in a normal lending environment, they would be. So...

I'll tell you what. Instead of posting some curve fitting chart...how about you post a linear regression "proving" your point. Charts are worthless. They can be manipulate to appear to be correlated. A linear regression on the other hand is a bit more telling. And don't "cherry pick" the data...

btw...to the casual observer...notice how none of my points about market equilibrium are ever addressed by the doomsday crowd. They stick to their talking points no matter how irrelevant they are.

Oh and don't respond. It's apparent that you don't have the ability to look past that dark hole that you've dug yourself into and actually looking at macroeconomics from a more rational point of view.

You're missing the point. If China has lost its export market, it will be FORCED to increase demand with the Chinese citizen. And good luck increasing the ability of the average Chinese to spend without increasing the value of those Yuan's they use to buy their goods. There is no "China will do...

No...not quite for 2 reasons. Number 1: We would be exporting real technology like Ipods, RIMM devices, software, green technology...etc. Not little metal trinkets and pots and pans like China exports to us. Therefore, our exports are worth a bit more in value. Number 2: If China is...

I have to laugh every time I hear somebody say this. Let's see...back in the 80's and the 70's when America was a net exporter and the world went into a deep recession....guess who that hurt the most? Yep....THE CREDITOR NATION. Being a creditor in a massive recession is NOT what you want to be...