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  1. #426
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    Quote Originally Posted by Exit Strategy View Post
    Quote Originally Posted by pseudolus
    One of the first rules of business, snubby, it's not the money you take, its the profit you make
    Quote Originally Posted by pseudolus
    and a debt of $17.5 trillion. One of the first rules of business, snubby, it's not the money you take, its the profit you make.
    And you failed 101 on macroeconomics too. I don't blame you, it is very complicated.

    US is in very special position because of leading role of US currency.
    If you know Keynesian Macroeconomics then you know nothing about macro economics at all.

    As far as special positions go, they are in the same special position that bankrupted Briatain, Holland , Spain or any of the previous holders of the reserve currency. Tick tock tick tock

  2. #427
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    Quote Originally Posted by pseudolus
    that the graft and corruption from the US and UK is worse,
    You speak against researched facts. Russia is very corrupted country. In europe, UK is amongst the least corrupted countries (as EU paper found out, also finding EU as a whole is extremely corrupted, people who made that paper are probably sacked now) together with Nordic countries. US is at same level with UK.
    For example this. I am not saying this is correct, it is about perceptions. Probably in the ballpark.
    2012 Corruption Perceptions Index -- Results
    Last edited by Exit Strategy; 08-05-2014 at 11:58 AM.

  3. #428
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    Quote Originally Posted by Exit Strategy
    US is in very special position because of leading role of US currency.
    No, it is a special place because it continues to deceive people by pretending they can ever do anything about the debt, which they can not, and create war after war to prop up the economy, and to ensure no one threatens their paper thin USD.

  4. #429
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    Quote Originally Posted by Hawker
    If you know Keynesian Macroeconomics then you know nothing about macro economics at all.

    As far as special positions go, they are in the same special position that bankrupted Briatain, Holland , Spain or any of the previous holders of the reserve currency.
    Facts?

    Are you one of the guys that bought the "Dollar is going to die next year" we see on websites? Sorry. Did you buy it how many years ago? I guess no money back, no guarantee, no vat, no...

  5. #430
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    Quote Originally Posted by pseudolus
    war after war to prop up the economy
    Which wars actually helped US economy as a whole?

  6. #431
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    Quote Originally Posted by Exit Strategy
    Which wars actually helped US economy as a whole?
    All of them. They stopped events that would turn the USD into the Zimbabwean Dollar.

  7. #432
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    Quote Originally Posted by pseudolus View Post
    Quote Originally Posted by Exit Strategy
    Which wars actually helped US economy as a whole?
    All of them. They stopped events that would turn the USD into the Zimbabwean Dollar.
    I am sorry but it seems you have little understanding of economy. Otherwise I appreciate your input.

  8. #433
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    Quote Originally Posted by Exit Strategy
    I am sorry but it seems you have little understanding of economy. Otherwise I appreciate your input.
    I'm sorry, but you have little understanding of the economy. Otherwise, I kind of find your input acceptable, aside from coming across like a fox news opinion piece.

  9. #434
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    Quote Originally Posted by pseudolus View Post
    ^ indeed.

    Under 2 billion worth of manufacturing in an economy of 16 trillion+, that's what they call a house of cards, or Potjemkin's villages. For the first time in almost 150 years, the US are not the world's largest manufacturer anymore. The trend has continued since 2011, this year China might already be 50% stronger than America. Yet they indulge themselves with stirring up trouble in the Ukraine.



    The seppos just love to rehash that Russia alledgedly depends on natural resources and their exports. As usual, the US are doing themselves to a greater extent what they are accusing others of. Russia's energy production has levelled off for years.





    You can say that nearly all of the GDP growth in the US under Obama is based on increased exploitation and import of oil, gas and coal, and to what cost to the environment. Also note the coincidence of increased oil production, and increasing gas prices.


    And would you please stop refering to the UK as a force to be reckoned with economically and as military power unless it's a clear attempt on satire?
    Boon Mee: 'Israel is the 51st State. De facto - but none the less, essentially part & parcel of the USA.'

  10. #435
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    And the rain falls...

    Quote Originally Posted by Rainfall
    the US are not the world's largest manufacturer anymore
    Can I spell it to you. It does not matter at all if you manufacture goods or not.

    It matters if you produce something customers pay for.

    Every advanced society follows this exact same path, moving from manufacturing to intellectual. US, UK, Canada, Australia, NZ, Northern Europe, Japan, South Korea, Taiwan, Singapore are the vanguards. Also the richest nations.

    Quote Originally Posted by Rainfall
    And would you please stop refering to the UK as a force to be reckoned with economically and as military power unless it's a clear attempt on satire?
    But you old euro hammer, there is just US and then there is UK who have the real power with China coming up (did you read research report I posted earlier stating UK is second and only global world power after US?).

    Nobody cares about Germany. Why do you think nobody asks Germany (or rest of euros) about anything when big things happen. You will be told. When you need to know. And it is for your own benefit, btw.
    Last edited by Exit Strategy; 08-05-2014 at 01:21 PM.

  11. #436
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    Quote Originally Posted by Rainfall
    And would you please stop refering to the UK as a force to be reckoned with economically and as military power
    Rinse and Repeat
    Rule Britannia - Britain still second strongest global power in the world, says study

  12. #437
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    Quote Originally Posted by Rainfall
    Under 2 billion worth of manufacturing in an economy of 16 trillion+
    You need to learn to read correctly. Why would you be stupid enough to think that even is possible?
    Last edited by bsnub; 08-05-2014 at 01:32 PM.

  13. #438
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    It matters if you produce something customers pay for.
    It does, doesn't it. The US trade deficit last year was a cnut hair under half a trillion dollars. Good luck.

  14. #439
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    Quote Originally Posted by Zooheekock View Post
    It matters if you produce something customers pay for.
    It does, doesn't it. The US trade deficit last year was a cnut hair under half a trillion dollars. Good luck.
    I am not worried. US is very competitive market economy and will adjust and survive when the market changes. Unlike euros, hey let's do central government and commissars ussr style, 5 year plans are cool. Not

    Emerging economies of europe who otherwise might have a chance are put down by the EU, after they reach a point where subsidies are less important than free trade.

  15. #440
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    Quote Originally Posted by bsnub View Post
    Quote Originally Posted by Rainfall
    Under 2 billion worth of manufacturing in an economy of 16 trillion+
    You need to learn to read correctly. Why would you be stupid enough to think that even is possible?
    Alright, the German billion is your trillion, frequent mistake of people who use long scale. Celebrate your great victory. 2 trillion out of 16 trillion still is disproportionately little.

    I read that the top American law firm took in $ 2.44 billion in 2012, and the largest of the UK £ 1.195 in 2013. Let's stay in seppoland and estimate the combined revenue of all the millions of American attorneys at say $ 1 trillion. That's an industry growing at 10% annually. Private security and military services too, and their combined revenues might also be in the range of $ 1 trillion. Just out of interest, are they included in the GDP?

  16. #441
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    Quote Originally Posted by Hawker View Post
    Quote Originally Posted by FloridaBorn View Post
    Quote Originally Posted by Hawker
    So you think that reserves of stored oil gives a country leverage ? Nobody cares how much strategic reserves a country has.
    Of course it does, don't believe it? Research WWII & Nazi Germany, also applies today but of course you know other wise Anyways it's not my opinion, it's fact, put forth by people who are a lot more connected on the matter and strategy then either you or I.
    Germany was producing synthetic fuels and oil from nat gas and coal. They were not just feeding off of some big tank of oil that wa already pulled out of the ground.

    Germany did exactly what the US has been doing since 1970. Every time the Nazis would take over a country, they would peg that countries currency lower then theirs in order to funnel resources into Germany, creating a one way trade deficit which didn't stop till the last days of the war.
    Oh, now this is comical .. A major reason they lost the war was their lack of energy resources..

  17. #442
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    Quote Originally Posted by Exit Strategy View Post
    Quote Originally Posted by Hawker
    If you know Keynesian Macroeconomics then you know nothing about macro economics at all.

    As far as special positions go, they are in the same special position that bankrupted Briatain, Holland , Spain or any of the previous holders of the reserve currency.
    Facts?

    Are you one of the guys that bought the "Dollar is going to die next year" we see on websites? Sorry. Did you buy it how many years ago? I guess no money back, no guarantee, no vat, no...
    The US is in the same position that old reserve currency powers were in circa Britain. So it will happen in the next 10 years or so. Seems like you wake up in the morning and celebrate that the dollar lived another day.

  18. #443
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    Quote Originally Posted by FloridaBorn View Post
    Quote Originally Posted by Hawker View Post
    Quote Originally Posted by FloridaBorn View Post
    Quote Originally Posted by Hawker
    So you think that reserves of stored oil gives a country leverage ? Nobody cares how much strategic reserves a country has.
    Of course it does, don't believe it? Research WWII & Nazi Germany, also applies today but of course you know other wise Anyways it's not my opinion, it's fact, put forth by people who are a lot more connected on the matter and strategy then either you or I.
    Germany was producing synthetic fuels and oil from nat gas and coal. They were not just feeding off of some big tank of oil that wa already pulled out of the ground.

    Germany did exactly what the US has been doing since 1970. Every time the Nazis would take over a country, they would peg that countries currency lower then theirs in order to funnel resources into Germany, creating a one way trade deficit which didn't stop till the last days of the war.
    Oh, now this is comical .. A major reason they lost the war was their lack of energy resources..
    That is the main reason. But it was not because they lacked a strategic oil reserve. I still can't believe you think that each war power had a pool of oil and whoever had the biggest pool at the start won.

  19. #444
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    Quote Originally Posted by Rainfall View Post
    Quote Originally Posted by bsnub View Post
    Quote Originally Posted by Rainfall
    Under 2 billion worth of manufacturing in an economy of 16 trillion+
    You need to learn to read correctly. Why would you be stupid enough to think that even is possible?
    Alright, the German billion is your trillion, frequent mistake of people who use long scale. Celebrate your great victory. 2 trillion out of 16 trillion still is disproportionately little.

    I read that the top American law firm took in $ 2.44 billion in 2012, and the largest of the UK £ 1.195 in 2013. Let's stay in seppoland and estimate the combined revenue of all the millions of American attorneys at say $ 1 trillion. That's an industry growing at 10% annually. Private security and military services too, and their combined revenues might also be in the range of $ 1 trillion. Just out of interest, are they included in the GDP?
    Shuffling paper and putting sand in the gears of the real production in the world. That is the US specializes in. Only when they lose reserve currency status, does it end

  20. #445
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    Quote Originally Posted by Hawker View Post
    Quote Originally Posted by FloridaBorn View Post
    Quote Originally Posted by Hawker View Post
    Quote Originally Posted by FloridaBorn View Post
    Quote Originally Posted by Hawker
    So you think that reserves of stored oil gives a country leverage ? Nobody cares how much strategic reserves a country has.
    Of course it does, don't believe it? Research WWII & Nazi Germany, also applies today but of course you know other wise Anyways it's not my opinion, it's fact, put forth by people who are a lot more connected on the matter and strategy then either you or I.
    Germany was producing synthetic fuels and oil from nat gas and coal. They were not just feeding off of some big tank of oil that wa already pulled out of the ground.

    Germany did exactly what the US has been doing since 1970. Every time the Nazis would take over a country, they would peg that countries currency lower then theirs in order to funnel resources into Germany, creating a one way trade deficit which didn't stop till the last days of the war.

    Oh, now this is comical .. A major reason they lost the war was their lack of energy resources..
    That is the main reason. But it was not because they lacked a strategic oil reserve. I still can't believe you think that each war power had a pool of oil and whoever had the biggest pool at the start won.
    Hmm.. Telling that you can agree and yet STILL not get the overall point and laugh at the facts..

  21. #446
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    Quote Originally Posted by FloridaBorn View Post
    Quote Originally Posted by Hawker View Post
    Quote Originally Posted by FloridaBorn View Post
    Quote Originally Posted by Hawker View Post
    Quote Originally Posted by FloridaBorn View Post
    Of course it does, don't believe it? Research WWII & Nazi Germany, also applies today but of course you know other wise Anyways it's not my opinion, it's fact, put forth by people who are a lot more connected on the matter and strategy then either you or I.
    Germany was producing synthetic fuels and oil from nat gas and coal. They were not just feeding off of some big tank of oil that wa already pulled out of the ground.

    Germany did exactly what the US has been doing since 1970. Every time the Nazis would take over a country, they would peg that countries currency lower then theirs in order to funnel resources into Germany, creating a one way trade deficit which didn't stop till the last days of the war.

    Oh, now this is comical .. A major reason they lost the war was their lack of energy resources..
    That is the main reason. But it was not because they lacked a strategic oil reserve. I still can't believe you think that each war power had a pool of oil and whoever had the biggest pool at the start won.
    Hmm.. Telling that you can agree and yet STILL not get the overall point and laugh at the facts..
    Please get this through your head. The USs strategic oil reserve wil fuel the US army for one month. It doesn't give the US leverage against Russia. It does not give a debtor nation leverage against a creditor nation. It does not give a trade deficit nation leverage against a trade surplus nation. It means nothing.

  22. #447
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    Wow

    Russia just said it was forced to react. And sanctions isn't their way. So they did a nuclear ballistic missile test
    Last edited by Hawker; 08-05-2014 at 10:48 PM.

  23. #448
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    Quote Originally Posted by Hawker
    The USs strategic oil reserve wil fuel the US army for one month.
    WOW! Once again pulling "facts" out of the sky and proving you really do not have a clue what you are talking about.

  24. #449
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    The Nazis lost WWII because they bit off more than they could chew. Operation Barbarossa was a huge mistake but even worse was the Japanese bringing the USA into the war just a few months later.

    I can just imagine Hitler, with troops storming through Russia, learning of Pearl Harbour and crying " W-T-F !!?? "


    As for the Dollar. It is certain to continue losing value as currency devaluation is one way countries try to escape debt, but there really isn't another currency to replace it that doesn't have the same problems or worse. As a reserve currency I believe we are stuck with it, but as an investment it is lousy.

    Putin? He's a pussy compared with Stalin, but he's got the better of Obama. Like that is difficult..... He does have some interesting hobbies though:

    Last edited by Thormaturge; 09-05-2014 at 07:46 AM.
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  25. #450
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    Quote Originally Posted by Thormaturge View Post
    The Nazis lost WWII because they bit off more than they could chew. Operation Barbarossa was a huge mistake but even worse was the Japanese bringing the USA into the war just a few months later.

    I can just imagine Hitler, with troops storming through Russia, learning of Pearl Harbour and crying " W-T-F !!?? "


    As for the Dollar. It is certain to continue losing value as currency devaluation is one way countries try to escape debt, but there really isn't another currency to replace it that doesn't have the same problems or worse. As a reserve currency I believe we are stuck with it, but as an investment it is lousy.

    Putin? He's a pussy compared with Stalin, but he's got the better of Obama. Like that is difficult.....
    Finally, a sensible post in this thread.

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