B.R.I.C.S (23)
Matisse_: For a while now journalists have been saying that
the future of the economy lies within the BRICS group.
Do you think this is true or is it just propaganda
made up by Brazil, Russia, India, China and South Africa
to gain popularity and investments.
the future of the economy lies within the BRICS group.
Do you think this is true or is it just propaganda
made up by Brazil, Russia, India, China and South Africa
to gain popularity and investments.
The strongest leading economy going on right now is the USA's. I believe the best investments that can be made is in the U.S. dollar. It is emerging, again, as a winner. And since we are no longer on a gold standard, holders of U.S. dollars can not demand redemption for gold like some euro countries did purposely in an effort to devalue the American dollar's strength for a few decades following WWII.
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Matisse_: For a while now journalists have been saying that
the future of the economy lies within the BRICS group.
Do you think this is true or is it just propaganda
made up by Brazil, Russia, India, China and South Africa
to gain popularity and investments.
the future of the economy lies within the BRICS group.
Do you think this is true or is it just propaganda
made up by Brazil, Russia, India, China and South Africa
to gain popularity and investments.
Those three are the threat. South Africa is a nothing in and of itself, but it is strategically located and useful for helping China to extract resources from the world's children(Sub-Saharan Africans).
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galrads: The strongest leading economy going on right now is the USA's. I believe the best investments that can be made is in the U.S. dollar. It is emerging, again, as a winner. And since we are no longer on a gold standard, holders of U.S. dollars can not demand redemption for gold like some euro countries did purposely in an effort to devalue the American dollar's strength for a few decades following WWII.
The US/West is not emerging as a winner, it has offset a crisis so as to pretend it's still a winner, and even then it's gone from being a clear winner to being a close winner. You need to respect the momentum. In real terms we're having our arses handed to us by the day.
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nope but china would like scotland to go indo.
Damm that whiskey.
Damm that whiskey.
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Hence
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Obstinance_Works: Those three are the threat. South Africa is a nothing in and of itself, but it is strategically located and useful for helping China to extract resources from the world's children(Sub-Saharan Africans).
China is already extracting resources but from here!,
our goverment gave them a contract to exploit
a huge Iron mine for 100 years!!!
They also gave Russia the Uranium mines!
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Obstinance_Works: The US/West is not emerging as a winner, it has offset a crisis so as to pretend it's still a winner, and even then it's gone from being a clear winner to being a close winner. You need to respect the momentum. In real terms we're having our arses handed to us by the day.
I'm not sure if my little mind can grasp all of that. I don't even understand our disregard for our country's unbelievably large debt and, yet, willingness to spend more money to fight ISIL and to keep oil flowing in the Middle East for others, (like Europe) when we don't need that oil. The reason for recent decreasing value of some precious metals escapes me too.
I'm hoping technology develops to liquify natural gas for us to produce and market it Europe cheaper than Russian can ever discount their natural gas.
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galrads: I'm not sure if my little mind can grasp all of that. I don't even understand our disregard for our country's unbelievably large debt and, yet, willingness to spend more money to fight ISIL and to keep oil flowing in the Middle East for others, (like Europe) when we don't need that oil. The reason for recent decreasing value of some precious metals escapes me too.
I'm hoping technology develops to liquify natural gas for us to produce and market it Europe cheaper than Russian can ever discount their natural gas.
global markets are a headache.I'm hoping technology develops to liquify natural gas for us to produce and market it Europe cheaper than Russian can ever discount their natural gas.
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reb56: global markets are a headache.
Yeah, but I think its incredible when parts of the world look down on the USA believing we are in the Middle East for our interest in oil. Truth is, our military prescience has kept the oil flowing there for others.
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galrads: Yeah, but I think its incredible when parts of the world look down on the USA believing we are in the Middle East for our interest in oil. Truth is, our military prescience has kept the oil flowing there for others.
we get more oil from mexico,etc.------ This thread is Archived ------
galrads: I'm not sure if my little mind can grasp all of that. I don't even understand our disregard for our country's unbelievably large debt and, yet, willingness to spend more money to fight ISIL and to keep oil flowing in the Middle East for others, (like Europe) when we don't need that oil. The reason for recent decreasing value of some precious metals escapes me too.
I'm hoping technology develops to liquify natural gas for us to produce and market it Europe cheaper than Russian can ever discount their natural gas.
I'm hoping technology develops to liquify natural gas for us to produce and market it Europe cheaper than Russian can ever discount their natural gas.
Our debt act as a mechanism to redistribute wealth from West to East. Rightly speaking nations overspending such as ours should see their currencies collapse in value, but through a political arrangement this does not happen. We are basically pretending our currencies are worth more, and China is pretending its currency is worth less, so we can continue a situation where they sell and we buy - plushy for those alive in the West at the time - until China becomes the big creditor.
No one in the West wants to leave this fantasyland - our whole standard of living is built on the consumerism that debt pays for - and therefore the debt will continue to rise until China surpasses us in all manner, by every measure and no longer needs our advanced technology and education etc..
And we have similar hopes for fracking for gas in the UK. Some sort of energy independence would be a huge weight off our shoulders.
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Matisse_: China is already extracting resources but from here!,
our goverment gave them a contract to exploit
a huge Iron mine for 100 years!!!
They also gave Russia the Uranium mines!
our goverment gave them a contract to exploit
a huge Iron mine for 100 years!!!
They also gave Russia the Uranium mines!
And that's what the B in BRICS is useful for. Brazil and South Africa serve as beachheads into the foreign continents that an aspiring global power needs to exploit.
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reb56: thats why new york citys world bank has other countrys gold in it,n wont let them have it/germany,etc.to join new union/china,etc.
Absolutely. I wouldn't relinquish anything to the EU as it stands today. I'm not sure how much of an advantage this will give to the US, however. The fundamental problems the EU and the US have in regards to China are the same.
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Obstinance_Works: Absolutely. I wouldn't relinquish anything to the EU as it stands today. I'm not sure how much of an advantage this will give to the US, however. The fundamental problems the EU and the US have in regards to China are the same.
usa can play hardball.------ This thread is Archived ------
Wondered when the oil situation would seep
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Obstinance_Works: And that's what the B in BRICS is useful for. Brazil and South Africa serve as beachheads into the foreign continents that an aspiring global power needs to exploit.
fracking is big biz here.------ This thread is Archived ------
sophiasummer: Wondered when the oil situation would seep
lol,in well or tank?------ This thread is Archived ------
reb56: lol,in well or tank?
Many many of both,google sometime
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reb56: fracking is big biz here.
yeah, it's big .... Pretty soon Ohio is going to be one big sink-hole because of it, and Lake Erie will cover it... Just like what some folks believe happened to Atlantis...
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the future of the economy lies within the BRICS group.
Do you think this is true or is it just propaganda
made up by Brazil, Russia, India, China and South Africa
to gain popularity and investments.