American Economy R.I.P?
RolandTD20Kdrummer
Posts: 13,066
Oh fuck....dis no so good senor...
http://www.inteldaily.com/?c=139&a=3485
"What does it mean that the US has a $800 billion trade deficit?
"It means that Americans are consuming $800 billion more than they are producing."
"How long can Americans consume more than they can produce?"
"American over-consumption can continue for as long as Americans can find ways to go deeper in personal debt in order to finance their consumption and for as long as the US dollar can remain the world reserve currency."
meanwhile.....
In other news... the U.S has 100 bombers now armed with 100 smart bombs poised to strike 10,000 targets in Iran within hours of Bush giving the order.
Hey, did Iran switch from US currency for oil? Yes they did. Since 2003 they have been shifting assets away from the US dollar. Oh....again...no so good senor.
How much longer (months) do you think before Iran is bombed by the shock and awe part 2 campaign?
This one is going to make Iraq look like chump change. Iraq was only 1,500 bombs.
.
http://www.inteldaily.com/?c=139&a=3485
"What does it mean that the US has a $800 billion trade deficit?
"It means that Americans are consuming $800 billion more than they are producing."
"How long can Americans consume more than they can produce?"
"American over-consumption can continue for as long as Americans can find ways to go deeper in personal debt in order to finance their consumption and for as long as the US dollar can remain the world reserve currency."
meanwhile.....
In other news... the U.S has 100 bombers now armed with 100 smart bombs poised to strike 10,000 targets in Iran within hours of Bush giving the order.
Hey, did Iran switch from US currency for oil? Yes they did. Since 2003 they have been shifting assets away from the US dollar. Oh....again...no so good senor.
How much longer (months) do you think before Iran is bombed by the shock and awe part 2 campaign?
This one is going to make Iraq look like chump change. Iraq was only 1,500 bombs.
.
Progress is not made by everyone joining some new fad,
and reveling in it's loyalty. It's made by forming coalitions
over specific principles, goals, and policies.
http://i36.tinypic.com/66j31x.jpg
(\__/)
( o.O)
(")_(")
and reveling in it's loyalty. It's made by forming coalitions
over specific principles, goals, and policies.
http://i36.tinypic.com/66j31x.jpg
(\__/)
( o.O)
(")_(")
Post edited by Unknown User on
0
Comments
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While 800 billion $ is a nasty debt and that I'm quite sure the currency shift operated by some countries is what got them on the US evil list, hitting Iran now would seem a little to big. Even reasonable conspiracy nuts could see this one coming.
And the US population doesn't seem so keen on opening a 3rd front right now. And no, a false flag operation is not likely to happen what with that 51% expressing some (again reasonable) doubts.0 -
Kann wrote:While 800 billion $ is a nasty debt and that I'm quite sure the currency shift operated by some countries is what got them on the US evil list, hitting Iran now would seem a little to big. Even reasonable conspiracy nuts could see this one coming.
And the US population doesn't seem so keen on opening a 3rd front right now. And no, a false flag operation is not likely to happen what with that 51% expressing some (again reasonable) doubts.
interesting article:
http://www.inteldaily.com/?c=166&a=3484Progress is not made by everyone joining some new fad,
and reveling in it's loyalty. It's made by forming coalitions
over specific principles, goals, and policies.
http://i36.tinypic.com/66j31x.jpg
(\__/)
( o.O)
(")_(")0 -
Get rid of your currency and invest in Gold and Silver.NERDS!0
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you really get a hard on to see America fail huh? well better pick a new topic, the economy will be fine.0
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South of Seattle wrote:Get rid of your currency and invest in Gold and Silver.
...and weapons and ammunition!
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RolandTD20Kdrummer wrote:interesting article:
http://www.inteldaily.com/?c=166&a=3484
Doesn't work on my pc for some reason.
But if I were looking for the connection currency - war I'd find it strange to mess with Iran rather than China.0 -
RolandTD20Kdrummer wrote:Oh fuck....dis no so good senor...
http://www.inteldaily.com/?c=139&a=3485
"What does it mean that the US has a $800 billion trade deficit?
"It means that Americans are consuming $800 billion more than they are producing."
"How long can Americans consume more than they can produce?"
"American over-consumption can continue for as long as Americans can find ways to go deeper in personal debt in order to finance their consumption and for as long as the US dollar can remain the world reserve currency."
We're just doing our part to spread our wealth to other impoverished nations.The only people we should try to get even with...
...are those who've helped us.
Right 'round the corner could be bigger than ourselves.0 -
South of Seattle wrote:Get rid of your currency and invest in Gold and Silver.
Funny stuff!The only people we should try to get even with...
...are those who've helped us.
Right 'round the corner could be bigger than ourselves.0 -
jlew24asu wrote:you really get a hard on to see America fail huh? well better pick a new topic, the economy will be fine.
Jlew the World Economy is going to take a little battering, it's in the news alot here.
America is going to have problems to. Sorry to break it to you bud.Keep on rockin in the free world!!!!
The economy has polarized to the point where the wealthiest 10% now own 85% of the nation’s wealth. Never before have the bottom 90% been so highly indebted, so dependent on the wealthy.0 -
spiral out wrote:Jlew the World Economy is going to take a little battering, it's in the news alot here.
America is going to have problems to. Sorry to break it to you bud.
of course it will have problems. I didnt say otherwise. as much as you and roland would like to see it completely collapse, it wont. I hate to break that to you. and im not your bud0 -
Somewhat related story - http://news.bbc.co.uk/2/hi/business/6990570.stmI'll Ride The Wave Where It Takes Me0
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jlew24asu wrote:of course it will have problems. I didnt say otherwise. as much as you and roland would like to see it completely collapse, it wont. I hate to break that to you. and im not your bud
Yup. It's funny how we get these doomsday forecasts every few months. It's been happening for years and years. But hey, I know around here if you aren't on the Paranoia Train its because you're part of the brainwashed mainstream."I'll use the magic word - let's just shut the fuck up, please." EV, 04/13/080 -
jlew24asu wrote:you really get a hard on to see America fail huh? well better pick a new topic, the economy will be fine.
you ARE as clueless as i thought.
you are in for a very rude awakening my friend!"In the beginning of a change the patriot is a scarce man, and brave, and hated and scorned. When his cause succeeds, the timid join him, for then it costs nothing to be a patriot". Mark Twain
"I would rather die on my feet than to live on my knees."
Emiliano Zapata0 -
ok i have a 100 grand in savings is it safe .....??jesus greets me looks just like me ....0
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josevolution wrote:ok i have a 100 grand in savings is it safe .....??
The paranoid, vocal majority here notwithstanding, yes, it is safe. But if you simply have it sitting in savings, you don't have it working for you, and it is probably losing money to inflation every year. You are better off investing it. I know talking about investing around here is taboo, and I'm sure you'll get some whack-a-moles telling you to cash out, convert the paper to land or precious metals, and get ready for Armageddon. But if you invest it wisely in the market you will continue to grow your 100 grand over the next couple of decades before you need it for retirement."I'll use the magic word - let's just shut the fuck up, please." EV, 04/13/080 -
JamMastaE wrote:you ARE as clueless as i thought.
you are in for a very rude awakening my friend!
instead of telling me im clueless how about enlightening me and the rest of us with your expertise on the subject.
what do you think is going to happen?
heres what I think....the markets are set up for a correction. the subprime market is going to have a negative impact on the economy for the next 3-6 months. what do I mean by negative impact? loss of jobs, stock market volitility, and higher inflation.
will the market recover? 100% yes. GDP is still steady and the only people loosing jobs are in the lending and home building industry.
I will eagerly be awaiting your response0 -
jlew24asu wrote:instead of telling me im clueless how about enlightening me and the rest of us with your expertise on the subject.
what do you think is going to happen?
heres what I think....the markets are set up for a correction. the subprime market is going to have a negative impact on the economy for the next 3-6 months. what do I mean by negative impact? loss of jobs, stock market volitility, and higher inflation.
will the market recover? 100% yes. GDP is still steady and the only people loosing jobs are in the lending and home building industry.
I will eagerly be awaiting your response
we manufacture NOTHING!!! NOTHING!!!
we manufacture NOTHING and consume much,then we have the federal reserve printing billions out of thin air with no backing and we are trillions in debt,we are FUCKED.without manufacturing and exporting goods you can't hope to change what is happening. we are going into receivership,do you understand that? America is dying and rigamortis will set in soon.
recession? no. DEPRESSION?yes."In the beginning of a change the patriot is a scarce man, and brave, and hated and scorned. When his cause succeeds, the timid join him, for then it costs nothing to be a patriot". Mark Twain
"I would rather die on my feet than to live on my knees."
Emiliano Zapata0 -
JamMastaE wrote:we manufacture NOTHING!!! NOTHING!!!
we manufacture NOTHING and consume much,then we have the federal reserve printing billions out of thin air with no backing and we are trillions in debt,we are FUCKED.without manufacturing and exporting goods you can't hope to change what is happening. we are going into receivership,do you understand that? America is dying and rigamortis will set in soon.
recession? no. DEPRESSION?yes.
NOTHING!!!!!! NOTHING!!!!!!!! AHHHHH!!!!!!!!!!
lol too funny.
why do we need to sell overseas to have a successful economy? we make alot of money here. our problem is we spend too much. so what? GDP is used to pay off debt.
take a look at this nice map.
http://strangemaps.wordpress.com/2007/06/10/131-us-states-renamed-for-countries-with-similar-gdps/
yea we aRE FUCKED!!!!!!!!!! NOTHING!!!!!!!FUCCKED!!!!!!!! BUILD A BUNKER!!!!!!!!!!!!!!!!! DOWN WITH USA!!!!!!!
not to mention we have the largest banks and oil companies in the world. and ever hear of GE ? microsoft? Intel?
of the top 500 companies in the world the US is first with 167 followed by Japan with 67 and France with 38.0 -
jlew24asu wrote:you really get a hard on to see America fail huh? well better pick a new topic, the economy will be fine.
I'm not writing the articles or, creating the figures. Just putting the picture together.Progress is not made by everyone joining some new fad,
and reveling in it's loyalty. It's made by forming coalitions
over specific principles, goals, and policies.
http://i36.tinypic.com/66j31x.jpg
(\__/)
( o.O)
(")_(")0 -
RolandTD20Kdrummer wrote:I'm not writing the articles or, creating the figures. Just putting the picture together.
but only post the negatives? how bout posting the other side of the coin sometimes?0
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