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The United Clones of America


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Steve Hydonus
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« Reply #30 on: Jan 23, 2015 05:58 pm »

Steve, some examples? The vast expanses of pristine jungle in South America and Africa exist no more, out of limber exploitation and land exploitation. I see no painless solution to that.
The pain is bound to come ultimately, in the form of disease, pandemia, wars.
It's interesting to note that today was is no more accepted by the global community and leads to serious ambargo (for example, Russia).

Whereas the economy has become the wild west where everything is allowed. If there will be any room for evolution, in future a greed-based economy may receive the same treatment a a warmongering country today. Now, apparently it's not like that.

People just don't recognize that ever time they support McDonalds and Walmart and other corporate businesses they are supporting the rapping of forests of forests in South America for more cattle to kill for beef eaters and the inhumanity of Chinese communism in its treatment of any varying views.

The United States has already had treatment for its greed based economy. What do u think all these wars are about that U.S. is fighting? These people certainly don' t have terrorist attacks to pass their time away. We have been exploiting their resources and influencing their culture with western ideology. When we should have obeyed  the 'prime directive'
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« Reply #31 on: Jan 25, 2015 12:03 am »

In the meanwhile, the economy of the USA is back in shape and ole Europe is still in an economic slump.

The validity of Obama's policy of Printing money has been at last followed by ole Europe (which so far has been very reluctant to accept that).
The below article says simply that Europe is goign to try what America has already tried, succeeding.

Quote
FRANKFURT—The European Central Bank ushered in a new era by launching an aggressive bond-buying program Thursday, shifting pressure to Europe’s political leaders to restore prosperity in one of the global economy’s biggest trouble spots.

Investors cheered the ECB’s commitment to flood the eurozone with more than €1 trillion ($1.16 trillion) in newly created money, sparking a rally in stock and bond markets and sending the euro plunging.

But in light of Europe’s underlying problems of stagnant growth, high debt and rigid labor markets, ECB President  Mario Draghi  suggested the central bank’s largess alone won’t be enough to right its economy.

“What monetary policy can do is create the basis for growth,” he said. “But for growth to pick up, you need investment; for investment, you need confidence; and for confidence, you need structural reform.”
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« Reply #32 on: Jan 26, 2015 12:00 pm »

Just wondering: Is Obama printing money or is the fed department? There is money being printed during every administration. i am sure there had to be a lot of money printed for debt by most recent presidents.
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« Reply #33 on: Jan 27, 2015 01:16 am »

You may be right in that Obam maybe is just continuing the former presidents' tradition, although apparently it's in his administration that the debt has been used to boost Productivity and the economy at last resuscitated.
It may be that during the Bush administration the debt was drained almost completely by military expenses related to the Iraki war.
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« Reply #34 on: Jan 29, 2015 12:04 am »

You may be right in that Obam maybe is just continuing the former presidents' tradition, although apparently it's in his administration that the debt has been used to boost Productivity and the economy at last resuscitated.
It may be that during the Bush administration the debt was drained almost completely by military expenses related to the Iraki war.

Thanks for the explanation mccoy. I wonder how long and how deep a country can go in debt before it all catches up with them. Or am I looking at the economy thru my own perceptions? It would appear to me that debt would increase the chasm between rich and poor since the rich would collect interest on debt.
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« Reply #35 on: Jan 30, 2015 08:49 pm »

Steve, everyone benefits from debt if it is used constructively.

For example, borrowing money and using it to boost Productivity in the car industry and the construction field, as Obama did, created jobs and created richness, to all levels, not only the wealthy ones.

On a countrywide scale, interest on debt is cashed in by other nations who lend the huge amount of money. China for example.

Usually it is in the interest of none to reclaim that debt, so the situation perpetuates itself

Some situations where it wasn't like this are Argentina for example, which about 10 years ago declared bankruptcy. After this, the state has serious difficulties in selling bonds and cannot finance itself and may fall in a state of stagnation. It is told that in that period many people in Argentina fell back on barter rather than coin Exchange.
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« Reply #36 on: Feb 02, 2015 07:53 pm »

Steve, everyone benefits from debt if it is used constructively.

For example, borrowing money and using it to boost Productivity in the car industry and the construction field, as Obama did, created jobs and created richness, to all levels, not only the wealthy ones.

On a countrywide scale, interest on debt is cashed in by other nations who lend the huge amount of money. China for example.

Usually it is in the interest of none to reclaim that debt, so the situation perpetuates itself

Some situations where it wasn't like this are Argentina for example, which about 10 years ago declared bankruptcy. After this, the state has serious difficulties in selling bonds and cannot finance itself and may fall in a state of stagnation. It is told that in that period many people in Argentina fell back on barter rather than coin Exchange.

Thank-You for this information on debt. I have a rather limited understanding. When you say it is in the interest of none to reclaim the debt. Do you mean the interest on the debt is sufficient to reclaim? I wonder if China has a low debt... comparitively speaking.
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« Reply #37 on: Feb 03, 2015 01:57 am »

Steve, I must confess my understanding on economy is pretty limited, my specific field is geological engineering.

Who has the interest right now to cause a crash in the American economy? Not China, because if America goes down, the whole world economy plunges and China will have to stop the development plan she's so keen upon.

The Islam Jihadist would have a cause but they don't have the means.

Tom Clancy wrote an interesting book where he hypothesized a Japanese corporation which schemed to deal mortal damage to Wall Street, almost managing that. The reason was retaliation,  against the atomic bombs dropped on Japan. In that same book, Executive orders, an airliner is launched by a Japanese pilot on the whiteh house during the president's address, destroying all congressmen. In a way he foresaw the september 11 hits on NYC.
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« Reply #38 on: Feb 04, 2015 12:19 am »

Steve, I must confess my understanding on economy is pretty limited, my specific field is geological engineering.

Who has the interest right now to cause a crash in the American economy? Not China, because if America goes down, the whole world economy plunges and China will have to stop the development plan she's so keen upon.

The Islam Jihadist would have a cause but they don't have the means.

Tom Clancy wrote an interesting book where he hypothesized a Japanese corporation which schemed to deal mortal damage to Wall Street, almost managing that. The reason was retaliation,  against the atomic bombs dropped on Japan. In that same book, Executive orders, an airliner is launched by a Japanese pilot on the whiteh house during the president's address, destroying all congressmen. In a way he foresaw the september 11 hits on NYC.

Nomaste mccoy

I didn't expect you to b an expert but certainly value what u usually share with us.
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« Reply #39 on: Feb 04, 2015 11:06 am »

Thanks Steve, what I write here is what I perceive, I used to delve deeper in trading issues but decided that I wasn't up to it.

That is, first you must have money, than there might be not so risky ways to invest it in the trade markets but such ways need almost continuos monitoring, becoming a job on itself.

The US issue T-bonds, which is a way to create debt. Every other nation does that. Only when the US is no more able to honour that debt bankruptcy is declared.

But the US has shown that the debt incurred has been used to create more richness, which will be used to honour the debt, with money in advance on top of it.

It is a pretty complex mechanism, but the easiest simplification is the company owner. He borrows from banks, creates richness (which entails creating occupation), with some part of such richness he pays back his debt , some other part he invests, some part he enjoys the money and, if he is spiritually keen, some part he will use to help Others.
He may decide to upgrade his company and will go thru the same process again.

Point is that, companies do go bankrupt, whereas states very rarely do, US being the leading economic power , if she goes bankrupt the consequences on the Whole world economy would be disastrous. So everyone is interested into avoiding that. Except Russia , may be, due to the recent embargo problems.

Hypothetically, some other huge economy like China may compromise US, but right now there si no interest at all.
Also, a Group of powerful economies, like Europe plus Others might team up to compromise US. But right now that would be a suicide.

So presently there seems to be a global mechanism which guarantees a minimum treshold of economic stability overall. I hope the situation remaisn like that.
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« Reply #40 on: Oct 26, 2019 01:55 pm »

the united clones of america presidential debate
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« Reply #41 on: Oct 26, 2019 04:26 pm »

Quite incidentally! That’s why a dark horse is called Black Beauty!
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« Reply #42 on: Oct 26, 2019 05:08 pm »

in this episode the winner, by a landslide, is robot nixon

the new president of earth
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