What's emotion got to do with it? The US is stone motherless broke and is financed by overseas funds because if the US goes down, then the whole world economy goes down with it. Though the Chinese are now considering pulling out their funds and enacting what the Chinese economists are now calling the nuclear option, because it will wipe out the US. You don't know anything about the workings of the world economy when that’s all I study. For example until recently Iceland was offering the best rates of interests at 15%, better than the bloody US. That’s why the collapsing of the banks in Iceland has wiped out the country’s economy because trillions had been invested to take advantage of such high rates. Its screwed up the British banks big time.
Anyway, the proof of the pudding is in the eating. 8 months ago I was the only one on this board that said, and I quote, "a worldwide recession emanating from the US is a 100% certainty while there are those that still are in denial that this in fact what is happening. Don't argue with a Marxist about economics, we use science to make determinations not rhetorical BS about the superiority of the free market system. Capitalism isn't even a system; it’s an uneven, unplanned, uncontrolled extension of the industrial revolution. Where is the system, the planning? There isn't any. It’s a bloody free for all for the ruling classes. The WTO hasn't been able to come to an agreement for 9 years, in 2000 they were throwing chairs at each other. The banking crisis is about to split the EU because individual nations states cannot act on a unified basis, when the crunch comes its every man for himself. Total anarchy. You’re not even a capitalist. Do you own the means of production and make decisions as to what is made, how it is made and how it is distributed? If you don't than are nothing more than exploited waged labor, of no more value than any other commodity in the capitalist mode of production, totally exposed to the vagaries and whims of the decisions of those that exploit YOU. We have learnt the lessons of 1929. BS. They are throwing trillions of dollars at the banks and closing their eyes and hoping for the best, because they have no idea what is going on with their own wretched system. And the banks point blank refused to take the money, tax payer’s money, if their pay was to be limited or if the government exercised the vote according to the share they owned. The money is to be used to start lending between the banks, but there is no stipulation for them to do so, infact they can do whatever they want with it, including stuffing it in their pockets. You people understand nothing about the machinations they go on every minute of the day in your own country. You even believe the elections are an exercise in democracy, how anyone could believe such utter foolishness is a indictment of the level of political consciousness in the US Want a prediction? Stock markets will go into free fall next week and the banks all over the world will start to go down with them. It will be an unprecedented bloodbath. I have no need to be disappointed; to the contrary, things are unravelling even better than expected, I couldn’t be bloody more pleased Like I said, i don't give a rats arse about ideolgy. I was only interested in fact. I spoke with politicians from all parties and newspaper journaIists etc, went to the meetings. and I read Marx. What did I find, that he is right, and the politicians are lying scum. In retropsect, I made the right decisions. Look at the scum standing for election today. Bloody philistine reprobates the lot of them. How anyone in their right mind can vote for one of these animals is beyond comprehension. Keep setting such low standards and you will get more of the same On Oct 19, 2:27 pm, Kamakazee <[EMAIL PROTECTED]> wrote: > Bullshit. Sorry, didn't get past the first sentence. > > Intl money isn't as emotional as you and I. It flows to the country > with the highest rate of return. Right now that's the US. > > But you seem disappointed...... > > PS. It's impossible and more than ridiculous to try to analyze the US > budget as your checking account by the way. But you knew that > > On Oct 17, 9:38 pm, "\"Lone Wolf\"" <[EMAIL PROTECTED]> wrote: > > > > > Internationall money flows into America to keep it from collapsing. > > The US requires $4 billion a day in direct capital injection into its > > economy or it will tank. America's total debt is 53 trillion dollars, > > that is business, government and private combined. Last year US total > > debt increased by 5.5 GDP. > > > In 1929 US trade deficit was 150% of GDP, now it is 300% of GDP. US > > debt is greater than the rest of the world's combined. > > > The US is bleeding to death > > > The industrial might the US was built upon, especially the steel and > > car industry are vitually non existant, while the US is now the > > polarizared nation on earth. > > > The success story of capitalism, no industry, no decent jobs, record > > wealth polarization and the world's richest nation as number 42 in > > living standards behind Cuba (that is not socialist by any means). If > > you call that a success I would hate to think what you consider a > > failure. > > > The US is finished as a world power. > > > On Oct 18, 9:41 am, Kamakazee <[EMAIL PROTECTED]> wrote: > > > > Economic reality? Not quite, look globally. Most economies, > > > particuarly those in Europe (and even Asia), are tanking. Now look at > > > where the international money (i.e., the strength of currency) is > > > flowing, into the US. The dollar is hitting recent highs. > > > > Sure, things are bad, but comparatively, the international money is > > > that the US economy will do better than the rest. > > > > Socialism? Not even close, if anything we'll prove capitalism > > > triumphs (again) > > > > On Oct 17, 5:30 pm, "\"Lone Wolf\"" <[EMAIL PROTECTED]> wrote: > > > > > Here is something to get your teeth into, you know, economic reality, > > > > that's more important than anything else. > > > > > Go to Bllomberg and learn something. Oh that's right, Joe the plumber > > > > is the new financial adviser for the US. Well he can hardly do worse > > > > can he? > > > > > •U.S. Stocks Drop as Housing, Confidence Data Offset Buffett Advice to > > > > Buy > > > > > •Consumer Confidence in U.S. Falls Most on Record; Housing Starts > > > > Decline > > > > > •Lehman Is Subject of Three Grand Jury Probes After Largest-Ever > > > > Bankruptcy > > > > > •AIG Told to Hand Over Cassano Pay Data, Documents to Congressional > > > > Panel > > > > > The US corporate crooks and the administration are so screwed, they > > > > are all going to jail, the real American people have had it up to the > > > > eyeballs with these reprobates. > > > > > Socialist America--just around the corner.- Hide quoted text - > > > > - Show quoted text -- Hide quoted text - > > > - Show quoted text -- Hide quoted text - > > - Show quoted text - --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. 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