FirmhandKY
Posts: 8948
Joined: 9/21/2004 Status: offline
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quote:
ORIGINAL: SimplyMichael quote:
ORIGINAL: FirmKY You have any facts to back up this erronous belief? Yes but they are clearly over your head or you wouldn't have to ask this question. Insulting, dismissive, sarcastic comebacks don't support your position. They just make you look like an ass. quote:
ORIGINAL: SimplyMichael quote:
ORIGINAL: FirmKY It is in China's interest to have a strong US economy. Until it isn't and that time is fast approaching, and I just love people who think of themelves as realists who's argument for lying on their belly before a beast is "don't worry, they don't want to eat us, they are a nice doggy" The moment China's internal market can sustain their economy is the moment they flush the US down the drain and end us as a superpower, all without firing a shot, something Szun Tsu would be oh so proud of. Interesting thought, although I'm not sure how you would logically support it, giving examples of similar economies in the world and history, and connecting it to the politics of resources, supply and demand. *shrugs* But nice sound bites. Have you ever run for office? quote:
ORIGINAL: SimplyMichael quote:
ORIGINAL: FirmKY India will be one of our biggest allies in this century. India, unlike China, is basing its economy on the CREATION of high tech, not the slavish production of it. Guess who's economic model that USED to be? People competing for the same piece of the same pie don't make the best allies. India has its own nukes and isn't going to fear China enough to suck up to us all that much. Another interesting concept backed up only slightly with any facts or historical discussion. Ya know ... you almost sound like you believe that a national economy is basically something like England had during the Industrial Revolution. And zero-sum, at that. quote:
ORIGINAL: SimplyMichael quote:
ORIGINAL: FirmKY Russia will stay mired in inefficiency and political troubles in trying to subdue its lost possessions on the Eurasian landmass, a stronger China, and have it's hands full in extending it's political control over Europe. There is some truth in this but natural gas will only get you so far. True. Hence the "have it's hands full". quote:
ORIGINAL: SimplyMichael quote:
ORIGINAL: FirmKY The debt isn't a major factor in limiting US growth and is a positive factor for international stability. So you bemoan "tax and spend" democrats but don't mind if republicans "borrow and squander" and create unimaginable debt? Of course the whole house of cards fall the minute people dump the dollar because they see it for the house of cards it has become. The debt isn't "unimaginable" at all. You can look it up at the Congressional Budget office any time you wish. CBO Historical Data: The historical data presented here for revenues, outlays, and the deficit or surplus are for fiscal years 1962 to 2006. ... The table titled "Surpluses, Deficits, Debt, and Related Series, 1962 to 2006" (Table E-11) also presents estimates of potential and actual GDP. The data are available in pdf or in a spreadsheet. I don't particularly like any debt. I don't particularly think that any government has the right to my money (i.e. taxes), either, be the Dimocrats or Rethughlicans in office. The question, however, is what effect the debt has on the world (and US) economy, and whether or not it is some kind of bombshell waiting to go off. I heard the same arguments in the 1970s. I'm still waiting for that darn fuse to get to the bomb. Still waiting. FirmKY
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Some people are just idiots.
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