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Is It over For the U.S. - The Ecstasy of Empire
- Thread starter rcj
- Start date
TIPING POINTS.
Ck this out:
China's nine-day traffic jam stretches 100km
http://news.yahoo.com/s/afp/20100823/sc_afp/chinaroadtraffic
"...The state-run newspaper said the jam between Beijing and Jining city had given birth to a mini-economy with local merchants capitalising on the stranded drivers' predicament by selling them water and food at inflated prices. ..."
Ck this out:
China's nine-day traffic jam stretches 100km
http://news.yahoo.com/s/afp/20100823/sc_afp/chinaroadtraffic
"...The state-run newspaper said the jam between Beijing and Jining city had given birth to a mini-economy with local merchants capitalising on the stranded drivers' predicament by selling them water and food at inflated prices. ..."
Quote from 377OHMS:
Ish Kabibble!
You forgot the eco-terrorists, islamists and new-worlders!
Heinous! You are unfit! Turn in your pointy hat and ID card immediately!
You turn my stomach and I voted for Dubya, twice. Your language represents how the Republicans lose Independents like me. Keep it up.
Yup. They will, it is now in their party DNA. Especially the voting young. They see the pubs now thru the eyes of Palin, Linbaugh, and Fox News. And they are furiously digging that whole deepeer and deeper.
What I think is funny is how everyone talks about how bad the debt crisis is in the US. Compared to the rest of the world we are not that bad.
Debt to GDP in the US is roughly 50%.
Debt to GDP in Japan is roughly 190%
Debt to GDP in the US is roughly 50%.
Debt to GDP in Japan is roughly 190%
Quote from WhiteOut56:
What I think is funny is how everyone talks about how bad the debt crisis is in the US. Compared to the rest of the world we are not that bad.
Debt to GDP in the US is roughly 50%.
Debt to GDP in Japan is roughly 190%
That looks about correct for the US. http://en.wikipedia.org/wiki/List_of_sovereign_states_by_public_debt
When the US debt to GDP ratio is quoted higher they are doing projections of medicare and social security I believe.
IMHO, America is still the safest country to live in. However, it isn't the best economically for most. However, if you are making money, in and above 150k, its a great place for home base.
All I can say, is find a way to tap into the world market. It's a global economy for the smart capitalist now. Money is being made all over the world.
Education standards for the majority of the masses in the US has fell far below acceptable levels IMHO. But, this is a huge opportunity for those who are smarter,stronger and who can anticipating the path we are in.
To react is stupid, to anticipate and prepare is survival.
Plenty of people I know are making money in ObAMANATION...but they are not dependent upon the US economy or US investments as a whole.
You can not change the fact that we have declined....you have no controll over the fact that the majority of American's want a Nanny State. But you have controll over your own path. Choose to live or become a slave....its up to you.
All I can say, is find a way to tap into the world market. It's a global economy for the smart capitalist now. Money is being made all over the world.
Education standards for the majority of the masses in the US has fell far below acceptable levels IMHO. But, this is a huge opportunity for those who are smarter,stronger and who can anticipating the path we are in.
To react is stupid, to anticipate and prepare is survival.
Plenty of people I know are making money in ObAMANATION...but they are not dependent upon the US economy or US investments as a whole.
You can not change the fact that we have declined....you have no controll over the fact that the majority of American's want a Nanny State. But you have controll over your own path. Choose to live or become a slave....its up to you.
Quote from WhiteOut56:
What I think is funny is how everyone talks about how bad the debt crisis is in the US. Compared to the rest of the world we are not that bad.
Debt to GDP in the US is roughly 50%.
Debt to GDP in Japan is roughly 190%
The reason everyone talks about the US debt crisis is because they are the world's largest economy. It makes sense for everyone to be more concerned with the USA than any other country. If (when?) the USA goes bankrupt, the economic impact will be huge and will affect every other country, so everyone is understandably concerned.
Quote from IanMacQuaide:
Seriously, WAY too many "libboes" just do NOT know how wealth is created. And you can't tell them, either. Oh you could, but it's like talking to a fence post.
I'll guess, and you tell me if I am right. The old fashioned way by monopoly, cheap labor, and screwing people. The modern way is via political contribution and lobbying for legislation that will help you gain a monopoly, assure cheap labor, and make it easy to screw people.
Am I right?
Quote from Scataphagos:
Oh yeah! I recently saw a story about a black woman who was standing naked on some small structure on a street corner... might have been something like a newspaper box... Anyway, she proclaimed she was going to continue to stand naked (wasn't appealing... big, fat, cellulite, ugly butt and thighs... ewww) "until she got her Obama cash"... the money she presumed she was going to get because she voted for Obama.
Give the fattie a break, she is probably still waiting for her OJ money too:
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Quote from WhiteOut56:
What I think is funny is how everyone talks about how bad the debt crisis is in the US. Compared to the rest of the world we are not that bad.
Debt to GDP in the US is roughly 50%.
Debt to GDP in Japan is roughly 190%
We're not that bad??!! We're in big trouble with our debt!
http://www.economist.com/blogs/buttonwood/2010/06/indebtedness_after_financial_crisis?page=2
The number on this chart are a little old. U.S. debt is now 90% of GDP and growing fast.
http://www.visualeconomics.com/gdp-vs-national-debt-by-country/