DomYngBlk
Posts: 3316
Joined: 3/27/2006 Status: offline
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quote:
ORIGINAL: tj444 quote:
ORIGINAL: DomYngBlk Just be interested in knowing in what scenario that would possibly happen? Is there another country on earth at this time that has the ability to compete with the US? The answer is an emphatic no. I would venture to guess that most of the Gold Futures are bought and sold here in the US. Not somewhere else. Our bonds are being snapped up each and every day. Why? Cause there is total confidence in our ability to manage the world. You are here each day and hear our internal squabbles. Do you imagine there are no other squabbles in other parts of the world? Even in Canada you've a Province that once again has a Gov't that has as a goal to break up Canada itself. At the end of the day the world needs our leadership and ability to set thing right. It doesn't always work out perfectly. However, just imagine any of the worlds' crisises being dominanted by a Russian Gov't or the PRC......The outcomes would be far uglier. Lets see.. I never said any other country had the ability to compete with the US at this time.. I did say it will take a few decades for the errosion to happen... but imo it will happen.. Your ability to manage the world has done a bang up job.. creating the worst economic disaster in recent history, both around the world and in the US.. and its far from over yet.. that US debt bill will have to be paid at some point.. I never said there werent squabbles elsewhere in the world but these forums do tend to focus almost entirely on the US (since most posters are Americans, not many look past the border).. You like to go on about Quebec dont you? Quebec is only one part of Canada and no one takes that seriously, just cuz they stomp their feet every so often doesnt mean Canada will break up.. its just their way of getting concessions, etc.. they are the spoilt child of Canada and thats it.. yeah,.. they pout a little and hold their breath but they aint goin no where.. the bottom line is that they cant afford to.. btw, there is a Western Canada Separation movement too, but that isnt taken seriously either.. Imo, if China loosened its restrictions a bit, you would see a lot more money and investment flowing there.. thats all they have to do.. that would be a game changer, imo.. China recently took over a couple of US banks.. your US govt opened the door and let 'em walk right in, ya know, cuz China holds a lot of that US debt.. I wonder how long it will be before they are dictating to the Prez just like the 1% do now.. Just me, but if California brought in a Gov. and a legislature that was signed on to the idea that California was going to break away from the US......I think we'd have a few thousand threads on it.....But maybe we overreact.. China? A little loosening? You do realize that it is a Dictatorship right? Censoring, Rigged Elections.....Political arrests...No trial by jury....So sure you loosen things up and go build something there. When the PRC decides to repatriate your business how are you going to cope? But I could be wrong. How about you go on over and check out the possibilities.
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