# \*\*\*Economy thread\*\*\*

**URL:** <https://forums.speedlife.net/t/economy-thread/58733>\
**Category:** NYSpeed Off Topic\
**Created:** [November 25, 2008, 9:01am UTC](https://forums.speedlife.net/t/economy-thread/58733 "2008-11-25T09:01:10Z")\
**Posts on this page:** 20\
**Page:** 2

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**Author:** ![Carnut](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/carnut/32/7590_2.png) [@Carnut](https://forums.speedlife.net/u/Carnut)\
**Post date:** [November 25, 2008, 11:04am UTC](https://forums.speedlife.net/t/economy-thread/58733/21 "2008-11-25T11:04:15Z")

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It’s a shame that this forum can not have a genuine conversation anymore without pride and ego stepping in and clouding up the entire thread. 😕

oh well…

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**Author:** ![JoesTypeS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joestypes/32/7190_2.png) [@JoesTypeS](https://forums.speedlife.net/u/JoesTypeS)\
**Post date:** [November 25, 2008, 11:19am UTC](https://forums.speedlife.net/t/economy-thread/58733/22 "2008-11-25T11:19:23Z")

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What kind of a genuine conversation would you like to have? When did you start learning about markets, market forces and economics? What would you like to discuss?

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**Author:** ![Penfold](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/penfold/32/5007_2.png) [@Penfold](https://forums.speedlife.net/u/Penfold)\
**Post date:** [November 25, 2008, 11:33am UTC](https://forums.speedlife.net/t/economy-thread/58733/23 "2008-11-25T11:33:59Z")

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I would like to discuss the practical amount of national debt a nation can have so that when new debt is injected into the economy, it will have a positive effect.

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**Author:** ![cougarspeed](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cougarspeed/32/7468_2.png) [@cougarspeed](https://forums.speedlife.net/u/cougarspeed)\
**Post date:** [November 25, 2008, 11:45am UTC](https://forums.speedlife.net/t/economy-thread/58733/24 "2008-11-25T11:45:15Z")

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> [@Penfold](#):
>
> I would like to discuss the practical amount of national debt a nation can have so that when new debt is injected into the economy, it will have a positive effect.

Opportunity cost is the most basic answer. Whatever you are willing to give up for the possible end result.

On a more technical levey Ii would say it depends more on the breakdown of exactly what the capital/debt is being used toward. Remember not all of this is being used to just hand out to a program but rather are actually going to see annual dividends and quite the potential to make $ for the gov.

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**Author:** ![Blue\_Eyed\_Devil](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blue_eyed_devil/32/7292_2.png) [@Blue\_Eyed\_Devil](https://forums.speedlife.net/u/Blue_Eyed_Devil)\
**Post date:** [November 25, 2008, 11:46am UTC](https://forums.speedlife.net/t/economy-thread/58733/25 "2008-11-25T11:46:20Z")

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> [@JoesTypeS](#):
>
> Wrong. Ideas DO feed nations. We need to get SMARTER as a country. We’re in a GLOBAL ECONOMY, we shouldn’t be focused on being self-sufficient. Yes we can expect the world to do the heavy lifting, what we can’t expect is the world to do only the shitty heavy lifting while keeping the good heavy lifting here.

Give me an example of how ideas feed nations. What do you think needs to change or should we just continue on and ignore anything Peter says?

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**Author:** ![OfficerK](https://avatars.discourse-cdn.com/v4/letter/o/4da419/32.png) [@OfficerK](https://forums.speedlife.net/u/OfficerK)\
**Post date:** [November 25, 2008, 11:50am UTC](https://forums.speedlife.net/t/economy-thread/58733/26 "2008-11-25T11:50:38Z")

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Do we manufacture the majority of our computers/components here? no.

Though there are probably millions in the tech field due to this one idea.

and this just off the top of my head.

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**Author:** ![JoesTypeS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joestypes/32/7190_2.png) [@JoesTypeS](https://forums.speedlife.net/u/JoesTypeS)\
**Post date:** [November 25, 2008, 11:56am UTC](https://forums.speedlife.net/t/economy-thread/58733/27 "2008-11-25T11:56:03Z")

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Give me an example of how anything but food feeds nations?

Anything can be a commodity. It’s obvious to most people that the US isn’t going to be making the worlds phones, TVs, radios, cars, clothes, shoes. So we might want to think about what we CAN develop that the world would WANT. Things like solutions to the energy crisis, innovations in design, you know…ideas.

Instead of focusing on how we can KEEP money in the US maybe you might want to think about how we can BRING money into the US. Protectionism isn’t going to get us vary far, for someone who is so fearful of communism you should know that isolationism is a tool of the propagandist. We have the best upper level education system in the world, maybe we should start trying to get more people educated.

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**Author:** ![Penfold](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/penfold/32/5007_2.png) [@Penfold](https://forums.speedlife.net/u/Penfold)\
**Post date:** [November 25, 2008, 11:56am UTC](https://forums.speedlife.net/t/economy-thread/58733/28 "2008-11-25T11:56:52Z")

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> [@OfficerK](#):
>
> Do we manufacture the majority of our computers/components here? no.
> 
> Though there are probably millions in the tech field due to this one idea.
> 
> and this just off the top of my head.

As long as we can keep up the remote slave labor thing right?

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**Author:** ![Penfold](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/penfold/32/5007_2.png) [@Penfold](https://forums.speedlife.net/u/Penfold)\
**Post date:** [November 25, 2008, 11:58am UTC](https://forums.speedlife.net/t/economy-thread/58733/29 "2008-11-25T11:58:18Z")

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> [@JoesTypeS](#):
>
> Give me an example of how anything but food feeds nations?
> 
> Anything can be a commodity. It’s obvious to most people that the US isn’t going to be making the worlds phones, TVs, radios, cars, clothes, shoes. So we might want to think about what we CAN develop that the world would WANT. Things like solutions to the energy crisis, innovations in design, you know…ideas.
> 
> Instead of focusing on how we can KEEP money in the US maybe you might want to think about how we can BRING money into the US. Protectionism isn’t going to get us vary far. We have the best upper level education system in the world, maybe we should start trying to get more people educated.

Are emerging markets willing to outsource service jobs to america?

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**Author:** ![JoesTypeS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joestypes/32/7190_2.png) [@JoesTypeS](https://forums.speedlife.net/u/JoesTypeS)\
**Post date:** [November 25, 2008, 12:00pm UTC](https://forums.speedlife.net/t/economy-thread/58733/30 "2008-11-25T12:00:02Z")

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> [@Penfold](#):
>
> As long as we can keep up the remote slave labor thing right?

Labor locations in a global economy will be cyclical. As china’s labor rates increase newer developing nations will take their place. China is the next global superpower, people just need to deal with that shit. As the UK has gone so will go America.

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**Author:** ![Blue\_Eyed\_Devil](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blue_eyed_devil/32/7292_2.png) [@Blue\_Eyed\_Devil](https://forums.speedlife.net/u/Blue_Eyed_Devil)\
**Post date:** [November 25, 2008, 3:44pm UTC](https://forums.speedlife.net/t/economy-thread/58733/31 "2008-11-25T15:44:42Z")

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Fire up the printers! Another $800 billion closer to death. SWEET! Are they trying to collapse the dollar even faster?

Edit:I don’t see how they can ignore the big three now, everyone else at the party is getting a refill.

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**Author:** ![Blue\_Eyed\_Devil](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blue_eyed_devil/32/7292_2.png) [@Blue\_Eyed\_Devil](https://forums.speedlife.net/u/Blue_Eyed_Devil)\
**Post date:** [November 26, 2008, 6:54am UTC](https://forums.speedlife.net/t/economy-thread/58733/32 "2008-11-26T06:54:47Z")

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> **[U.S. Unveils New Programs to Ease Credit](https://www.nytimes.com/2008/11/26/us/politics/26paulson.html?hp)**
>
> The Treasury Department and the Fed hope the $800 billion worth of loan and debt programs will ease borrowing for homebuyers, businesses and students.

I am going to have a stroke.

From the article…  
All told, the government has assumed at least $7 trillion in direct and indirect financial obligations in the form of Wall Street bailouts, emergency lending and government guarantees on bank deposits, inter-bank loans and home mortgages.

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**Author:** ![Fry](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/fry/32/7284_2.png) [@Fry](https://forums.speedlife.net/u/Fry)\
**Post date:** [November 26, 2008, 6:57am UTC](https://forums.speedlife.net/t/economy-thread/58733/33 "2008-11-26T06:57:29Z")

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Even I’m getting to the point of wanting to pull the plug and let the chips fall. The first 7/10 of a trillion was passed to buy bad assets. Once they got the money they said “um, we changed our minds. We’re going to buy equity in bad banks with it instead.” Now they’re saying “umm, can we have another 8/10 of a trillion to buy bad assets like initially said we would?”

:tif: :ohnoes:

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**Author:** ![justa4door](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/justa4door/32/7259_2.png) [@justa4door](https://forums.speedlife.net/u/justa4door)\
**Post date:** [November 26, 2008, 6:57am UTC](https://forums.speedlife.net/t/economy-thread/58733/34 "2008-11-26T06:57:55Z")

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meh… what they are doing now is what everyone was asking for … am i right???

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**Author:** ![Blue\_Eyed\_Devil](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blue_eyed_devil/32/7292_2.png) [@Blue\_Eyed\_Devil](https://forums.speedlife.net/u/Blue_Eyed_Devil)\
**Post date:** [November 26, 2008, 6:59am UTC](https://forums.speedlife.net/t/economy-thread/58733/35 "2008-11-26T06:59:18Z")

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^Not me.

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**Author:** ![JoesTypeS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joestypes/32/7190_2.png) [@JoesTypeS](https://forums.speedlife.net/u/JoesTypeS)\
**Post date:** [November 26, 2008, 7:01am UTC](https://forums.speedlife.net/t/economy-thread/58733/36 "2008-11-26T07:01:24Z")

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> [@Blue Eyed Devil](#):
>
> government guarantees on bank deposits,

That’s a sizable chunk I imagine

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**Author:** ![justa4door](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/justa4door/32/7259_2.png) [@justa4door](https://forums.speedlife.net/u/justa4door)\
**Post date:** [November 26, 2008, 7:02am UTC](https://forums.speedlife.net/t/economy-thread/58733/37 "2008-11-26T07:02:14Z")

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everyone in congress/house…sry i should have put that in there

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**Author:** ![Blue\_Eyed\_Devil](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blue_eyed_devil/32/7292_2.png) [@Blue\_Eyed\_Devil](https://forums.speedlife.net/u/Blue_Eyed_Devil)\
**Post date:** [November 26, 2008, 7:15am UTC](https://forums.speedlife.net/t/economy-thread/58733/38 "2008-11-26T07:15:22Z")

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^Not Ron Paul.🙂

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**Author:** ![justa4door](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/justa4door/32/7259_2.png) [@justa4door](https://forums.speedlife.net/u/justa4door)\
**Post date:** [November 26, 2008, 7:20am UTC](https://forums.speedlife.net/t/economy-thread/58733/39 "2008-11-26T07:20:06Z")

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lol

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**Author:** ![TradersBASE](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tradersbase/32/5321_2.png) [@TradersBASE](https://forums.speedlife.net/u/TradersBASE)\
**Post date:** [December 2, 2008, 7:44am UTC](https://forums.speedlife.net/t/economy-thread/58733/40 "2008-12-02T07:44:24Z")

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“conquer the crash” is a great book on deflationary markets.  
What a surprise…we are in one right now. LOL

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