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Hahahahaha.;.the little pervert really needs a good haircut.
'Competition' with China is Killing U.S.
- Thread starter Dan4510
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Hahahahaha.;.the little pervert really needs a good haircut.
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Not quite. OUR DEBT finances this continued false lifestyle. The prices are artificially low ..inducing more consumption. If this was not allowed ..there would be an immediate halt to much that is imported. People that needed products would have to produce them ..admittedly at greater expense ..however when you account for the debt and the hidden debt service ..it's not as cheap as it is made to appear.
This is all done to "give them a purpose". All trade is brokered.
It's like buying a plasma tv at BestBuy at a whopping $300 discount ..but buying it with a 24% interest rate credit card...except you don't know it ......yet.
Imagine a time when those luxuries didn't exist. Imagine that they will return to being just as out of reach?
..and who pays this debt service? It's not like you're told that there's a hidden tarrif on the product that you buy.
We were never able to truly afford our own domestically produced consumerism.
The same principle applies regardless of debt or otherwise. The market needs to be able to support the demand. If that cannot be done wihtout financing ...then it doesn't deserve to be in existance.
Only a fool would finance a 1 or 2 year economy with 30 year money. If you ran your household like we do the nation ..you would be a fool not deserving of the products that you are allowed to buy. You would be a failure in any and all accounts ..just the point of realization may be different.
Anyone who has any defensible position for this obviously has no fundamental grasp of "it all adds up" ..or, more likely, never has to truly pay for it. Now you can rationalize or intellectualize the "need" or the "it's too late now" aspects of it in terms of some global ideolical fostering philosophy ..but in just plain $$$ and cents ..it's a train wreck looking for a place to happen. It's a race that you hope you reach some finish line before you run out of steam.
It's a situation that has a KNOWN unfavorable outcome for citizens of this nation ..and some citizens of this nation, not only accept, but push the throttle faster alledging that it is "good".
Good for whom?
So, we decided that we didn't want to wipe our own behinds? So we export our filth instead of dealing with it in an appropriate manner? So we can then sell cleanup technologies to other nations as they suffer from the effects of being enslaved to our $$?
Sounds socially responsible to me
With all due respect ..and a big
You are in a minority ..as much as you may think that you have plenty of company.
I love the confirmed "trickle down" economists. There's always a way to rationalize elitism (still a big smile on my face).
Someone once said: If you're going to run an aristocracy ..make sure you have better prep schools.
The concept of "trickle down" has been around for a long time. Hundreds of years ago Indian priests in northern Mexico used a lot of peyote, enough that it was possible to get high by drinking their urine. So if you weren't a priest or other high muckie-muck in the tribe, you could take advantage of trickle down if you had the right connections.
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Thanks for breaking up my low blood sugar rant.
What's the average life expectancy of a nation after it adopts paper money? The US stopped pegging their paper to a commodity in the 70's. I wonder how long it will be until the temptation to raid the coffers becomes totally irresistable. Let's see if the price of gold ever comes back down to $350/oz.
I wonder what the life expectancy in Sudan is these days?
We have a lot of nerve to sit here and whine. Materialistic pigs.
Now excuse me, I have to go get a $3 cup of coffee.
We have a lot of nerve to sit here and whine. Materialistic pigs.
Now excuse me, I have to go get a $3 cup of coffee.
Nope,don't feel guilty, feel grateful, and remember those who are less fortunate.
China is where Japan was in the 50's. They will grow the economy till the cost of living rises to our level.
I use toys as an example
They were made cheap in these places first
Japan
Korea
Hong Kong
Taiwan
And now China
All of these place good standard of living but don't manufacture much anymore because the wages are higher.
i ahev freinds that are very knowledgable in foreign markets
They tell me that manufacturers are looking at other places other than China now.Places like Veitnam,Burma,Malaysia etc.
China can only substain if there is control of enviromental concerns.They just dump the byproducts manufature into the water and land.
Also there must be rule of law. Doing buisness in China is not fair for to get things done one must "grease" the right palms.and try to sue a person/buisness in China. Good luck if you don't have the connections.
I use toys as an example
They were made cheap in these places first
Japan
Korea
Hong Kong
Taiwan
And now China
All of these place good standard of living but don't manufacture much anymore because the wages are higher.
i ahev freinds that are very knowledgable in foreign markets
They tell me that manufacturers are looking at other places other than China now.Places like Veitnam,Burma,Malaysia etc.
China can only substain if there is control of enviromental concerns.They just dump the byproducts manufature into the water and land.
Also there must be rule of law. Doing buisness in China is not fair for to get things done one must "grease" the right palms.and try to sue a person/buisness in China. Good luck if you don't have the connections.
Gee, I can't figure out why it seems the whole rest of the world hates us. There is not a trace of arrogance to be found (not).
A lot of people in BITOG need to take a trip outside their own country to get an appreciation about what I'm talking about.
A lot of people in BITOG need to take a trip outside their own country to get an appreciation about what I'm talking about.
Perusing the posts I see lots of social commentary, economic theory, etc.
But, I am hard-pressed to declare I see much in the way of politics, nary a trace of religious dogma and....sniff.... definitely no sex. Sniff.
So, please don't close an interesting thread with many good viewpoints.
Just remember y'all, the topic is sooooooo complex we can barely scratch the proverbial surface so please do not take offence if somebody rebuts, disagrees or burps at yah'.
There is likely at least a modicum of truth in each posting and, depending upon one's position in society, the "truth" is variable.
Thank you.
/Obbop has left the building
But, I am hard-pressed to declare I see much in the way of politics, nary a trace of religious dogma and....sniff.... definitely no sex. Sniff.
So, please don't close an interesting thread with many good viewpoints.
Just remember y'all, the topic is sooooooo complex we can barely scratch the proverbial surface so please do not take offence if somebody rebuts, disagrees or burps at yah'.
There is likely at least a modicum of truth in each posting and, depending upon one's position in society, the "truth" is variable.
Thank you.
/Obbop has left the building
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That's fine with all the aforementioned nations. They were all developed at a much wealthier time in our history. When Japan made their biggest gains were when we became the biggest debtor nation on the planet (I recall the news item). It was around the same time when an already existing steel company used a loophole in a tax incentive program for domestic business to buy an oil company (naturally, it too was already existing - you've got to marvel at the genius of it).
Japan, at 100% capacity of the time, only had 1/5th of our energy demand. They also, currently, only have approx 130M people ..try raising the standard of living for (between India and China) 2.4 BILLION people. Do you remember the "technical correction" that just Japan required in our social and economic realignment?
Essentially 300M have to elevate 2.5B. Quite a bit of a difference.
China's standard of living has risen much these few years.they enjoy so much not even imaginable 30 years ago. I think the downfall will be a lack of a middle class.
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Quote:
Yup, so far no politics. Lot's of baloney, but no politics.
Well, please, give us the real meat here, G-Man. I like tertiary views.
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