. August 13, 2008 SouthAmerica: Reply to jficquette You said: âModerators here are bunch of democrats and enjoy the propaganda.â Here is more propaganda about the US economy for you to enjoy it. U.S. NATIONAL DEBT CLOCK http://www.brillig.com/debt_clock/ Is the U.S. Economy Teetering On the Brink of Collapse? http://www.alkalizeforhealth.net/Ldebtclock.htm After reading the materials on these websites you guys are going to wonder how people can produce so much propaganda against the United States. .
The difference is that if California doesn't like interest rate policy they can't withdraw from the United States and immediately start issuing debt in their own currency. Italy for example can withdraw from the EU, and announce that all of their Euro bonds will now be repaid with Lira, and start issuing new Lira bonds, and turn on the printing presses full speed to pay for it, any time they want. Soon after Spain and others would follow. EU nations can leave the EU anytime they want. That is the big difference.
. GTG: The difference is that if California doesn't like interest rate policy they can't withdraw from the United States and immediately start issuing debt in their own currency. ******* August 13, 2008 SouthAmerica: If California was not under the umbrella of the US dollar a few years ago when the economy collapsed in California the only reason they did not go completely bankrupt like Argentina was because the currency of California it is the US dollar. The US dollar saved the California economy from complete humiliation. California and Argentina (comparable size economies at the time) had a major economic crisis about the same time a few years ago â but we had different outcomes from the crisis for Argentina and for California and the major difference were that California economy had the protection of the US dollar. .
US household net worth is very high at $59T. Federal debt is ~$9.5T so US citizens can afford. http://www.economistblog.com/2007/12/06/us-household-net-worth-at-record-high-of-59t/ China household net worth is <$3T but the government has ~$13T. So US household is wealthy but the government is broken. Chinese household is broken while the government is wealthy. US is not just wealthier but also hv a better structure (having a wealthy population instead of a wealthy government). Anyway, India/China made up 50% of WW GDP from 1st century until 1850-1900. They are just returning to the mean now. But the Indians hv just won the first personal Olympic Gold and the local Chinese hv yet to win any Nobel Price. So the potential is there but both countries hv a long way to do. As for Russia, it is a country with such a short history but has the most vast territory in the world. All its history is about land expansion so I always don't feel easy about this neighbour. Just my personal thoughts. I am not taking any side...
. Richardyu301: But the Indians hv just won the first personal Olympic Gold and the local Chinese hv yet to win any Nobel Price. So the potential is there but both countries hv a long way to do. As for Russia, it is a country with such a short history but has the vast territory in the world. All its history is about land expansion so I always don't feel easy about this neighbour. ******** August 13, 2008 SouthAmerica: Now that the Chinese became a major world power slowly they will learn how to play the promotion game for the Chinese people also to receive Nobel Prizes. Russia has a history of aggression, but on the other hand the Chinese have a history on non-aggression and if anything they were the ones who suffered from other people's aggression over the centuries. But I need to say something about the Chinese they donât take over countries with armies soldiers, and guns â they just move in very quietly and become the business structures of many countries â most of the countries in Africa would have just complete chaos, but what keeps them afloat economically are the Chinese and Indian businessmen since they make the brainpower structure and the foundation that keep most of these economies going forward. .
Regarding Russia. Their big problem in the future is China. Russians can bully just about anybody but Chinesse. In Siberia's chinesse-russian border regions there is growing chinesse minority (Russian women there prefer Chinesse guy over Russian drunk).Problems might start when Russian nationalists begin harrasing this minority. China has polluted lands,Russia has a vast rich territory which IT CANNOT DEFEND. Two weeks ago I read Russians lost some disputed land to Chinesse. If you are not naive American you know Russian scum doesn't give up anything so it's kind of telling. Put aside a diplomacy, if Chinesse decide to take some of these lands there is absolutely nothing Russians can do.NOTHING Add numerous serious problems Russia has (SA's twisted America-hating mind conveniently ignores) they pose no threat to anybody except unfortunate weak neighbors. Russia is a big fucking bully nothing more.
. Cesko: Russia has a vast rich territory which IT CANNOT DEFEND. ****** August 13, 2008 SouthAmerica: You are the one who is probably drinking too much Vodka. Your statement is Pathetic. Russia has a large arsenal of nuclear weapons and the capability to deliver them anywhere they want to. The United States did not fool around with North Korea and that country has just a hand full of nukes. Both the Chinese and the Russians are smart enough to respect each other â only fools would start a war against a country armed with nuclear weapons. Look how paranoid the United States and Israel are regarding the potential of Iran building in the future just a few nukes. Cesko you said: âRussia has (SA's twisted America-hating mind conveniently ignores) they pose no threat to anybody except unfortunate weak neighbors.â Yes that is why the United States is standing up to the Russians like in the Cuba crisis of the 1960âs and the US is giving an ultimatum to the Russians. And according to your analysis the United States is not afraid of a couple of thousands of Russian nuclear warheads pointing to New York City and Washington D.C. that can be launched in a split second. You tell me that I have a twisted American-hating mind, but your mind lacks even the minimum amount of common sense. People with your mindset are the kind of people who starts stupid wars such as the current war against Iraq. In your case it is even worse people like you are capable of starting a major nuclear war because of your lack of brains. As you said: âRussia is a big fucking bully nothing more.â If that is the case then why the United States is not giving an ultimate for the Russians to leave Georgiaâs territory? The answer is as The Christian Monitor article said: âRussia's blitz into the former Soviet republic of Georgia has exposed starkly the limits of US military power and geopolitical influenceâ¦â Russia is giving to the United States a loud and clear reality check. .
Two weeks ago I read Russians lost some disputed land to Chinesse. If you are not naive American you know Russian scum doesn't give up anything so it's kind of telling. What that tells you about Russian might? All the bulshit about nukes, they wouldn't dare to use them and if they did they would still lose. 21 years ago do you think they wanted to leave Czechoslovakia, Poland, Ukraine and anything else they were occupying you idiot? How about Afghanistan why didn't they nuke it, they were getting their asses kicked for such a long time? Americans changed the regime in a matter of weeks. Do you think little bit of money changed everything?? Those fucking infantry vehicles you see I was riding in them 26 years ago. It's old shit most likely badly maintained (knowing Russians). The whole russian military is like that. Sure they would nuke Chinesse, right.
The answer is as The Christian Monitor article said: âRussia's blitz into the former Soviet republic of Georgia has exposed starkly the limits of US military power and geopolitical influenceâ¦â Fuck Chrisitian Monitor. Russia's blitz hasn't exposed anything. It's obvious to anybody with common sense that U.S. military just like any other IS NOT OMNIPOTENT. Do you need Christian Monitor to tell you that? Actually you probably do.