Is it true the world economy is in danger if our U.S.A. fearless leaders don't avoid the cliff? (66)
I really don't care, most of the time, what anyone else thinks.
I have said before it'll be a cold day in hell when I go to the States, even for a holiday.
I have said before it'll be a cold day in hell when I go to the States, even for a holiday.
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galrads: I really don't care, most of the time, what anyone else thinks. but honestly, put your money where your mouth is, why don't you make a holiday and spend it here, where we can discuss your ego issue. we have a lot of under-employed shrinks in the usa.
relax bronson, and enjoy the ride!
relax bronson, and enjoy the ride!
Many people will avoid visiting the States because of the security issue.
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tomcatwarne: I really don't care, most of the time, what anyone else thinks. I have said before it'll be a cold day in hell when I go to the States, even for a holiday.
WHAAAAT! No connecting singles get-together in Miami planned?!
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spiritalk: It is presumptuous to think that one country holds the whole world's economy in their hands. Remember the recessions of the past and how all countries managed to claw their way out.
wishful thinking, eh. have you really convinced yourself of that? Do you believe that Germany would have still gone to the dark side in the early 1930's had the u.s. economy not crashed? yeah, they came crawling out of the ruins of their total war....
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tomcatwarne: Many people will avoid visiting the States because of the security issue.
you're so cool! you be the hero of the forums in the united state's web site Connecting Singles dude.
.... in your own mind.
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JeanKimberley: WHAAAAT! No connecting singles get-together in Miami planned?!
I'll sneak in through Mehico just for you
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tomcatwarne: Many people will avoid visiting the States because of the security issue.
you really believe you are funny.... now get over here and shine my shoes
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galrads: you're so cool! you be the hero of the forums in the united state's web site Connecting Singles dude.
.... in your own mind.
.... in your own mind.
By the way United States is spelt with capital 1st letters. noy in your mind though
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tomcatwarne: I'll sneak in through Mehico just for you
now that suits me fine - a man that knows his way south.....
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tomcatwarne: By the way United States is spelt with capital 1st letters. noy in your mind though
ok...
now get over here and shine my shoes! 
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JeanKimberley: now that suits me fine - a man that knows his way south.....
Got the cert. from night class
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tomcatwarne: Got the cert. from night class
and really - the USA is not that gun-crazies, violent.... really!
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JeanKimberley: and really - the USA is not that gun-crazies, violent.... really!
what does this have to do with the thread topic!
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tomcatwarne: Unfortunately the China products aren't fakes they are very real, and work, just look at the Chinese companies that advertise on CS eg everbuying.com, they produce their own goods and sell them to the world at fraction of what the West are asking. Without a doubt China will be the next world power, and will probably be instrumental in bailing the States out.
As for your leaders doing their job economically, the US is going to take us all down
As for your leaders doing their job economically, the US is going to take us all down
Westerners will not stand for the reduction in living standards that China will demand in exchange. Of course, this is assuming that China will have any reason to even make the offer.. we're close to a time when China will no longer need us for its exports, education and science, and so you have to ask yourself exactly what would China need us for?
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Rumple4skin: Westerners will not stand for the reduction in living standards that China will demand in exchange. Of course, this is assuming that China will have any reason to even make the offer.. we're close to a time when China will no longer need us for its exports, education and science, and so you have to ask yourself exactly what would China need us for?
shoe shines
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Rumple4skin: They're talking about avoiding this cliff to then take a running leap off an even steeper one. All our horizons are in fact cliff edges and the public & private sectors need to crash to remove all the useless eaters and debt-driven industry that reside within them. The economy is unsustainable in both its Capitalist & Socialist sectors and the realist, as opposed to the ideologue, can see that the economy is functionally unsound.
But I doubt that even if you made me the unquestioned and all-powerful dictator of the country that even I could save the West from the horrors that are to come. It's too late, the filthy & decadent baby-boomers have done their damage and the youth will now be sacrificed to pay for the treason of the elders, it's just a question of how much must we suffer.
well,you just have to Grin and Bear it,and then realize that you Guys would have done even worse with your eclectic Mix of non-Economics!But I doubt that even if you made me the unquestioned and all-powerful dictator of the country that even I could save the West from the horrors that are to come. It's too late, the filthy & decadent baby-boomers have done their damage and the youth will now be sacrificed to pay for the treason of the elders, it's just a question of how much must we suffer.
your Litany about the Elders was threadbare when you started it!
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Rumple4skin: Westerners will not stand for the reduction in living standards that China will demand in exchange. Of course, this is assuming that China will have any reason to even make the offer.. we're close to a time when China will no longer need us for its exports, education and science, and so you have to ask yourself exactly what would China need us for?
The growth in China has been brought about by exports . They need the west more than we need them . Growth in China has slowed because of lack of demand for their exports , now they are not spending so much on coal , steel and the like . From what I understand the tax rises are poorly spread and hit the middle class harder than the wealthy , same place where all the votes are . GOP must have big balls to let that happen or no brains .------ This thread is Archived ------
one way to prevent going over the Cliff.
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It's not the "fiscal cliff" that's the problem, It's the black hole of debt that lies behind it.
The current debacle is the result of continual deficit spending that started way back in the early 70s and has not only continued but increased exponentially from that time until the present. Even now as the tsunami looms above us the American government, and the American people are spending beyond their means. They seem to think that they have some sort of unalienable right to endless credit.
But the creditors who have been financing that delusion are now more interested in hedging their losses than in lending more. The only possible thing the US can do to avoid default is to continually increase the money supply with more Quantitative Easing (worthless paper). And what that does is to steal value out of all the money that already exists.
The "experts" who run the economy do so for the good of the bankers, not for the good of the people. And the bankers are taking the money and the lifeboats and sailing away to a golden retirement on some foreign beach.
The current debacle is the result of continual deficit spending that started way back in the early 70s and has not only continued but increased exponentially from that time until the present. Even now as the tsunami looms above us the American government, and the American people are spending beyond their means. They seem to think that they have some sort of unalienable right to endless credit.
But the creditors who have been financing that delusion are now more interested in hedging their losses than in lending more. The only possible thing the US can do to avoid default is to continually increase the money supply with more Quantitative Easing (worthless paper). And what that does is to steal value out of all the money that already exists.
The "experts" who run the economy do so for the good of the bankers, not for the good of the people. And the bankers are taking the money and the lifeboats and sailing away to a golden retirement on some foreign beach.
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It's true that Wall St has been dropping lately but that is probably due mostly to year end tax selling which is normal. There are also a lot of savvy traders who are scooping up stock at bargain basement prices.
The world didn't end on Dec 21 and it's not gonna end on Jan 1st either.
Ya know, Bill Clinton was the last president before Obama that understood that the anchor around Americas neck was the 100's of Billions of dollars we were paying in interest every month on the debt load we built up under previous administrations Dem & Rep.
This fiscal cliff is a blessing in disguise, a wake up call which we really needed.
Yes, the cliff might be a wake up call for all the sheep in the usa.... but if the cliff is such a blessing for you, oob, please pay my additional $18,000 USDs I will owe, in federal taxes alone, come the first of the new year 2013.