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…
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?
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.
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?
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.
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.
As long as we can keep up the remote slave labor thing right?
Are emerging markets willing to outsource service jobs to america?
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.
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.
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.
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:
meh… what they are doing now is what everyone was asking for … am i right???
^Not me.
That’s a sizable chunk I imagine
everyone in congress/house…sry i should have put that in there
^Not Ron Paul.
lol
“conquer the crash” is a great book on deflationary markets.
What a surprise…we are in one right now. LOL