Will the U.S. Get LBOed?

I would agree with you IF those imports were at least equal to exports. Unfortunately, not only is the US running up HUGE trade imbalances it's paying for them with debt borrowed from many of those exporting it here.

Sooner or later, it'll have to stop. You cant' keep fooling the foreigners with IOU's for their hard labor while many in this country produce nothing of value.

It will mean a *lot* of pain for many in the future when reality sets in.


Quote from ShoeshineBoy:

If I understand what you are saying, I agree. We need cheap foreign imports from China, quality cars from Japan and cheap labor from Mexico. I don't understand what is so complex about all that.

It doesn't make us any less of a country that we are dependent to a certain extent on other nationalities. In fact, quite the opposite...
 
Quote from risktaker:

Sooner or later, it'll have to stop. You cant' keep fooling the foreigners with IOU's for their hard labor while many in this country produce nothing of value.

You are correct.

Sooner or later... it will be the right time to invade Dubai.
 
Quote from watchdaride:

We will never get off of the oil habit. We will never pay $20 for a towel that walmart will sell for $5 and the govt will always spend more than it collects . America loves to cut taxes to win elections. Look at Canada it has high <b>taxes</b> and its almost paid of its debt and have <b>free health care</b> and a very low poverty level and a strongh economy .
Tax=free health care? :confused:
 
If this were the Roman empire era, I might agree. But in this millenium, that strategy most likely won't work either. The US is already seen as a villain in much of the world. Do you really want to live in a country *hated* by the rest? It would have to be the biggest magic trick in the world to convince people that an invasion of Dubai or some other small Arab country was necessary and the right thing to do.




Quote from HoundDogOne:

You are correct.

Sooner or later... it will be the right time to invade Dubai.
 
Quote from risktaker:

If this were the Roman empire era, I might agree. But in this millenium, that strategy most likely won't work either. The US is already seen as a villain in much of the world. Do you really want to live in a country *hated* by the rest? It would have to be the biggest magic trick in the world to convince people that an invasion of Dubai or some other small Arab country was necessary and the right thing to do.

America will ALWAYS be hated in every 3rd World Hell Hole. So what.

How many Carrier Battle Groups does Dubai have?

http://en.wikipedia.org/wiki/Carrier_battle_group
 
Quote from watchdaride:

We will never get off of the oil habit. We will never pay $20 for a towel that walmart will sell for $5 and the govt will always spend more than it collects . America loves to cut taxes to win elections. Look at Canada it has high taxes and its almost paid of its debt and have free health care and a very low poverty level and a strongh economy .

free health care and you have to wait 4 months for an MRI ???

what a deal......
 
Quote from watchdaride:

We will never get off of the oil habit. We will never pay $20 for a towel that walmart will sell for $5 and the govt will always spend more than it collects . America loves to cut taxes to win elections. Look at Canada it has high taxes and its almost paid of its debt and have free health care and a very low poverty level and a strongh economy .

Free health care is an illusion. Taxpayers are paying for it. I really wish comparisons of a country like Canada with 40 million people to the US who has 300 million would stop. We have almost more illegals than Canada has citizens.
 
Quote from jd7419:

Free health care is an illusion. Taxpayers are paying for it. I really wish comparisons of a country like Canada with 40 million people to the US who has 300 million would stop. We have almost more illegals than Canada has citizens.



Canada had better stop importing the worlds garbage.

Just in the last few years, some parts of large Canadian cities are beginning to look like 3rd world ghettos. Full of Haitian, Somalian and all the other third world riffraff living off welfare and now producing generational welfare societies like in the US.

The East Indian and Chinese immigrants tend to produce productive citizens, however the new generation of third world criminal and violent crap is going to cost Canadians their future.
 
Canada's system is just a method to ration health care....

the rich just come to the US to get instant care...

I suppose a dog with a broken leg would get treated quicker than someone with some chronic ailment
 
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