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re: “We’re going to pay off...the $35 trillion in debt. We’re going to pay it off...fast too.
Posted on 12/8/23 at 8:50 am to SlowFlowPro
Posted on 12/8/23 at 8:50 am to SlowFlowPro
quote:
I know this board loves to promote apocalypse fetishizing, but we are still doing better than the rest of the world.
We have issues, and saying that doesn't ignore those issues, it's just that everyone has similar issues (or at least issues with as much of an impact) WITHOUT our economic production and international projection
And that the US can deal with change better than most countries. The US does so much so extremely well that it makes me wonder why anyone would want to live at the periphery of this empire. It is a far better life to live in the Imperial core than it is to be at its periphery. Indeed, that fact allows people to question the utility of the core itself. It doesn't make sense to try to tear that core down, especially given what could replace it. There is no utopia around the corner.
1
Posted on 12/8/23 at 8:50 am to RogerTheShrubber
quote:
Does that mean that people shouldnt be somewhat vigilant, particularly since our economy is tied to theirs?
LITERALLY the next words in my post after the ones you quoted:
quote:
We have issues, and saying that doesn't ignore those issues,
Posted on 12/8/23 at 8:51 am to RogerTheShrubber
quote:"Everyone that disagrees with me is a Democrat" is the Trump OnlyFans equivalent of "Evryone that disagress with me is literally Hitler" that democrats are so fond of. Anything to avoid the actual issue.
Trumpophiles would confuse Conservatives for Progressives.
This post was edited on 12/8/23 at 9:00 am
Posted on 12/8/23 at 8:52 am to crazy4lsu
quote:Past performance isn't indicate of future performance. The downside risk exists. No amount of ignoring it, nor word salad, will make it go away.
Yet the consistent bet has been what?
This post was edited on 12/8/23 at 8:53 am
Posted on 12/8/23 at 8:52 am to Ribbed
quote:
Accusing Roger of being Dem or Antifa with your cult leader's positions is hilarious.
Hes clinging desperately to Keynesian economics while calling others leftist.
Utopian socialism is retarded. MMT is simply a way to achieve that which can never work.
Posted on 12/8/23 at 8:52 am to crazy4lsu
quote:
The US does so much so extremely well that it makes me wonder why anyone would want to live at the periphery of this empire. It is a far better life to live in the Imperial core than it is to be at its periphery.
You just described why Russia started this conflict in Ukraine over a decade ago
The ones at the periphery usually have some major issue (Islamic fundamentalism, Russia's bullshite, etc.) holding them back.
Posted on 12/8/23 at 8:53 am to RollTide71
quote:
At least you had the courage to respond directly to me this time.
Asking this again because it got buried.
What in the actual frick are you talking about?
Posted on 12/8/23 at 8:54 am to Taxing Authority
quote:
The downside risk exists. No amount of ignoring it, nor word salad, will make it go away.
Hes 100% bought in to Bernies Magical Economic Miracle (MMT)
Posted on 12/8/23 at 8:56 am to SlowFlowPro
quote:What part of "it depend on the rest of the world doing worse than the US" did you not understand?
We have issues, and saying that doesn't ignore those issues, it's just that everyone has similar issues
quote:Our economic production isn't rising. And before long we wont' be able to afford our military. Debt service will start costing us more than we spend on defense this year I believe.
WITHOUT our economic production and international projection.
Posted on 12/8/23 at 8:56 am to Taxing Authority
quote:
Past performance isn't indicate of future performance. The downside risk exists. No amount of ignoring it, nor word salad, will make it go away.
Nor will any amount of wishcasting that the rest of the world is right on the cusp of getting its shite together. We can look at the geopolitical reality right now and make some extremely safe bets about the future, especially with regards to the power of the US dollar. Why people continue to ignore those geopolitical realities in favor of some magical scenarios which require several massive changes in the geopolitical landscape is a consistently odd choice to make.
Posted on 12/8/23 at 8:56 am to Ribbed
Still wont answer the question
When you say you are voting for a dem like aroger has then thats considered a dem in my book. Sorry reality bothers you
When you say you are voting for a dem like aroger has then thats considered a dem in my book. Sorry reality bothers you
Posted on 12/8/23 at 8:57 am to RogerTheShrubber
Lol I haven't espoused any MMT, especially considering they don't seem to understand that a central bank's purpose and a treasures purpose are two different things.
Posted on 12/8/23 at 8:57 am to crazy4lsu
quote:
Nor will any amount of wishcasting that the rest of the world is right on the cusp of getting its shite together.
Oh for frick's sake, being concerned about a risk isn't wishing the risk to become a reality. Yeah, we're the smallest fatass on the planet, but that doesn't mean we shouldn't be looking at losing weight.
Posted on 12/8/23 at 8:58 am to crazy4lsu
quote:Historically, yes. Currently, not so much. But I suppose if you want to bet the future on population growth, OK. It's basically the same structure as a ponzi scheme. Hopefully this time will be different.
The US is just far better than the rest of the world in integrating immigrants that it poses a massive advantage.
Posted on 12/8/23 at 8:58 am to RogerTheShrubber
quote:
Hes clinging desperately to Keynesian economics while calling others leftist.
"Broken windows stimulate the economy"
Kenosha, Portand, Seattle: "Not as much as we might have liked."
Posted on 12/8/23 at 8:59 am to RogerTheShrubber
quote:It's the economic equivalent of "real estate always goes up"
Does that mean that people shouldnt be somewhat vigilant, particularly since our economy is tied to theirs?
Posted on 12/8/23 at 9:01 am to RogerTheShrubber
quote:"It can't happen here"
Hes 100% bought in to Bernies Magical Economic Miracle (MMT)
Posted on 12/8/23 at 9:01 am to SDVTiger
quote:
Still wont answer the question
Well then I'm in good company, huh?
quote:
voting for a dem like aroger
Which Dem?
Aren't you voting for a Dem? Or did Trump change positions? I can't keep up. The entire GOP opposes Trump yet they're RINOs and Trump is authentic. Lame argument again. Keep trying, little buddy.
Posted on 12/8/23 at 9:02 am to Taxing Authority
quote:
Does that mean that people shouldnt be somewhat vigilant, particularly since our economy is tied to theirs?
It's the economic equivalent of "real estate always goes up"
Yep.
We are the tail wags the dog, no doubt, but our dog isnt on an island devoid of consequences.
Posted on 12/8/23 at 9:02 am to crazy4lsu
quote:Have you seen the long term trend on US manufacturing and consumer goods production?
Nor will any amount of wishcasting that the rest of the world is right on the cusp of getting its shite together.
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