USA is sinking into 3rd world status

Brass · Mar 7, 2012

Quote from Scataphagos:

...What would YOU have forum members "do"?

I think you should make more angry-face emoticons. They're very inspiring:

Quote from Scataphagos:

Eight · Mar 7, 2012

Quote from futuretrading:

Wow the racial [philosophical like] comments were interesting to read but to say that americaâs problems are all black/colored peoples fault is a little too foolish....... I have yet to see a black or colored CEOâ¦

LOL.. somebody uses the metric "underperforming minorites" to quantify the situation and you quantify the question with "underperforming minorities should be CEO".. priceless thinking like that is just, well... it stinks actually.. Tinkerers with reality should get burned by their own logic, not all of us..

SREC · Mar 7, 2012

Quote from bone:

Idea:

Try to find any investor who has faded the U.S. markets LONG TERM and lived to tell about it.

How about faded USD even longer term?

Just playing devil's advocate.

SREC · Mar 7, 2012

Let's be fair, USA as 3rd world status is a serious exaggeration.

But this nation is far from the 1st world iconic status it portrayed decades ago.

Let's say 1.5th world nation or even 2nd world nation, being that USSR has not been around for 2 decades.

dandxg · Mar 7, 2012

Quote from zdreg:

failed monetary policy

Federal Reserve officials are considering a new type of bond-buying program designed to subdue worries about future inflation if they decide to take new steps to boost the economy in the months ahead.

Under the approach, the Fed would print new money to buy long-term mortgage or Treasury bonds but effectively tie up that money by borrowing it back for short periods at low rates. The aim of such an approach would be to relieve anxieties that money printing could fuel inflation later, a fear widely expressed by critics of the Fedâs previous efforts to aid the recovery.

http://online.wsj.com/article/SB10001424052970204276304577265803925182234.html?mod=djemalertMARKET

every Argentina imitator has tried this nonsense and failed

Right agreed. But the US has better weapons and is the current world reserve currency. Argentina had neither.

Personally I think all major Western countries with the exception of Canada and Austrailia are insolvent. They are just printing and waiting for the econ cycle to change, hopefully.

zdreg · Mar 7, 2012

Quote from dandxg:

Right agreed. But the US has better weapons and is the current world reserve currency. Argentina had neither.

Personally I think all major Western countries with the exception of Canada and Austrailia are insolvent. They are just printing and waiting for the econ cycle to change, hopefully.

"current" and diminishing. the US is the titanic. it just takes longer to take on water.
a few years ago who would have thought the US would be in hock to the Chinese with a currency that only looks good to that other crap currency, the euro.

"hopefully" it won't help. it looks like the tipping pt. has been reached, where debt overwhelms the economy.
__________

http://news.investors.com/article/603393/201203061841/mideast-filled-with-economic-opportunity.htm

mokwit · Mar 7, 2012

Quote from dakoo:

last time i checked, presidents of all 3rd world countries go hat in hand infront of that feminazi Mrs Clinton. The prime minister of britain referred to themselves as America's junior partners 2 weeks ago. Hardly the characteristics of a 3rd world states. You US bears are way early. I won't deny that the US is acquiring the characteristics of a banana republic as time passes. But just not yet.

"The prime minister of britain referred to themselves as America's junior partners"

He meant "wholly owned subsidiary".

mokwit · Mar 7, 2012

Quote from InternetkingKV:

UK prime minister Gordon Brown said "we were busy trying to save the world"

The whole British parliament started laughing and taunting him.

He has such an ego I am sure he meant it, although I am sure there is a misquote and what he actually said was "I" was busy...........

budcampbell · Mar 8, 2012

Quote from Scataphagos:

You need to "pick your battles".

NOTHING will work to bring about beneficial change in America... until 100 MILLION citizens take to the streets in protest. The government is prepared to dismiss/beat down lessor efforts.

Until then, anything you do is just pissn' in the wind.

What would YOU have forum members "do"?

2 million would probably do the trick. Med-popping, facebook zombies won't do jack-shit in the land of hijacked government by greedy politicians and their corporate counterparts who send jobs overseas and laugh at you while they are doing it.

Scataphagos · Mar 8, 2012

Quote from budcampbell:

2 million would probably do the trick. Med-popping, facebook zombies won't do jack-shit in the land of hijacked government by greedy politicians and their corporate counterparts.

2 Million is <1% of the population. Government could round all of them up and stuff into FEMA camps, never to be heard from again.

No, the only way is for the rebellion to be SO BIG, the government has to knuckle under.

Or, a military coup... led by some principled General.