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re: The Time Table for the Dollar
Posted on 12/3/12 at 4:05 pm to slutiger5
Posted on 12/3/12 at 4:05 pm to slutiger5
quote:
Is this thought process fear mongering
Yes.
quote:
or true
While they use completely true underpinnings, they completely ignore relativism. Sure, we're pretty f'd, but who's better? The Euro Zone is 10x as much of a shitshow, the Japanese are on our same path, but 20 years ahead. Everyone likes to point to China as a big scary point, but really: who in the hell would make a country like China the head of the global currency? We're talking about the country who's most common business technique is blatantly ignoring intellectual property laws.
Also, the guys who pimp these books are using only econ 101 type relationships, and choosing and picking them. I find a lot of parallels between the anti fed lunatics and the global warming lunatics.
4
Posted on 12/3/12 at 4:13 pm to TheHiddenFlask
Well i am anti-fed but i dont know if im doing any good by placing all my savings in foreign resources. Also i never said this would collapse our country. The government would take care of themselves no matter if its getting bigger or not.
Posted on 12/3/12 at 4:30 pm to TheHiddenFlask
quote:
anti fed lunatics
Why do you call them lunatics?
Do you think central banking is a good thing?
Is it possible to dislike central banking and not be an anti-fed lunatic?
Posted on 12/6/12 at 9:12 pm to TheHiddenFlask
quote:Dead on.
While they use completely true underpinnings, they completely ignore relativism. Sure, we're pretty f'd, but who's better? The Euro Zone is 10x as much of a shitshow, the Japanese are on our same path, but 20 years ahead. Everyone likes to point to China as a big scary point, but really: who in the hell would make a country like China the head of the global currency? We're talking about the country who's most common business technique is blatantly ignoring intellectual property laws.
Posted on 12/11/12 at 11:05 am to TheHiddenFlask
Bump for interest.... So it is becoming more mainstream of an opinion that China's economy will pass the US within the next 2 decades
LINK
That being said, their growing middle class and desire for prosperity might cause the nation to junk their approach to international property laws, etc. which have previously held them back. When the US economy is surpassed, china could become a much more attractive nation on which to base the global economy. Is this a threat to the underpinnings which have allowed us to run the deficit and use stimulus/easing while avoiding negative side affects? Serious question- I don't want to over-react to 1 article out there.
LINK
That being said, their growing middle class and desire for prosperity might cause the nation to junk their approach to international property laws, etc. which have previously held them back. When the US economy is surpassed, china could become a much more attractive nation on which to base the global economy. Is this a threat to the underpinnings which have allowed us to run the deficit and use stimulus/easing while avoiding negative side affects? Serious question- I don't want to over-react to 1 article out there.
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