Politics
- Started
- Last post
- 33,755 Responses
- ********0
^ UNBELIEVABLE!!! If AIG is suing the Gov, then WE are suing OURSELVES!!! Because, WE, the American tax payers OWN 80% of AIG.
- DrBombay0
simple simon.
- designbot0
quote from drgss:
(thought it belonged in this thread) Some interesting points here I thought. Pulled from this thread http://www.qbn.com/topics/586700…"I predict in a few years designer jobs will inflate by 75%
together with the whole US service industry, which constitutes 70% of American economics...
industry of hair dressers, nail polish designers, life coaches, depression counselors, massage therapists, make up artists, photographers and photo models, people who make your food, people who serve your food, people who clean your ears, brokers, hedgers, traders dealing with option contracts as a form of insurance against loosing money on stocks, traders dealing with derivatives against loosing money on options, computers selling and buying bonds, stocks, options and derivatives automatically, people who write computer worms and spyware, people who write spyware removing software, people who push papers around, spas, strip bars and topless cafes, automatic cat litter boxes, shoe cutting knives, bacon-cooking grease-draining devices, foot detox pads, shamwow towels, its ripoffs etc pretty much where the whole of american GDP is at, sponsored with international debt money.Because as we all know USA no longer produces anything of its own, and by all parameters is a developing country which imports manufactured goods and exports oil and minerals, operating in a chronic trade deficit, which it no longer can maintain, and which necessary will collapse.
In 2-3 years 75% of everyone in this thread will be shoveling coal or carrying stones in the sun, mark my words "
- ukit0
US is a developing country because it NO LONGER produces manufacturing? Still trying to wrap my head around that one.
I'd imagine people in most real developing countries wish they could get a job in finance, management or design.
- designbot0
^The interesting thing I think is America's symbiotic relationships with so many other countries (as has already become very evident). When America suffers, nearly every other country suffers as well. So where you could argue America has built it's foundation on an unsustainable way of life, what happens to.....say China when America significantly reduces importing all it's goods because nobody wants them or can afford them anymore?
- I think Americans are waking up and becoming more realistic on our way of life. Everyone's definition of what they "need" seems to be radically changing.designbot
- seems to be radically changing.designbot
- And that's a good thing.TheBlueOne
- Indeed.designbot
- GeorgesII0
One trillion dollar..
you could bring food, water and peace to the whole world,what are they thinking, they'll sink the economy.
rephrase
they'll sink your economy.
- TheBlueOne0
Some truth, quite a bit of hyperbole. The US does in fact have a fairly robust manufacturing sector that produces high quality goods. The downside is that these are items that do not require the raw manpower of cheaper assembled goods as manufactured in China and sold in Walmart. Heck, we can still build a good car, albeit it seems only under foreign owned management.
I'm in fact rather bullish on the US long term economically speaking. We are in a much healthier position demographically and educationally (for the moment) than either Europe, Japan or China (the first two with aging, non -growing populations and China with it's weird one child demographic bottleneck). We still generate most of the world's intellectual capital (an area that we must seek to maintain, and not through copyright law razzle dazzle, but rather through continued government and private education investment in science/tech)...
And until we don't, the US still has the world's reserve currency, and an integrated federal banking system which can set policy - something Europe most assuredly does not have.
The problem is that the current financial situation is, in fact, is that it is global in scope, The liquidity of money across markets has to be addressed. Of course the minute you start talking about this on the internet you cue the usual Ron Paul/Lou Dobbs "Oh look out here comes the One World Government and Black Helicopters" crowd. Truth is, unlike the Great Depression in the 1930's when a bank run consisted of hundreds of people schlepping to a bank and standing online for a day to withdraw funds from a local branch, today's bank runs can consist of a guy with a blackberry emptying the funds of an entire market on the other side of the globe in a minute with the push of a button.
- Furthermore, we also have viable ports on BOTH the Atlantic & Pacific..something no one else does.TheBlueOne
- ...we just have to get this corruption out of the government. I say that like it's easy...<sigh>TheBlueOne
- DrBombay0
I think it is great how people in other countries love to bag it all on the US. As if there weren't European and Asian banks getting up to the same shenanigans. As if no Americans are keeping their companies' in business with all of their evil consumption. It is always just the great satan. This drgss guy is a fucking dicksmacker.
- TheBlueOne0
As much as their are indeed the stereotypical "stupid americans" here in the US of A, rest assured that America is equally misunderstood by many in Europe and Asia.
- designbot0
It's interesting because I know people straight out of Mexico, Africa, China, Korea, and various countries in Europe and I have never once heard any of them say anything but great things about America. I love asking the question "would you move back to <insert country>?" and the answer is always, without hesitation...."no". To me it says a lot about this country, even amidst our current events.
- lowimpakt0
one of the main problems has been the networked nature of the global financial (services) sector - which is a condition/outcome of globalisation. You can't blame one country/national policy etc.
while the networked nature of financial services is partly to blame for the severity of the problem I believe networks and collaboration will be crucial for sorting the shit out.
- Exactly my point. Good luck getting that to fly with the Ron Paul faction though...TheBlueOne
- ********0
The US hasn't made a decent car since the 70s -- the advance just isnt there.
And its not just that whole industries, heavy machineries etc, but the infrastructure itself is crumbling, the most basic labor skills and work experience -- most americans, even with a very high job turnover that they have, have never worked in the secondary sector. Imagine any dorky looking dude who wraps food all day with his crocked fat fingers, putting together a watch -- there is your manufacturing sector in a nutshellIn case of an economic blockade, the US cannot sew pants for their people anymore, even the stupidest things like the textile industry need years and huge amounts of investments to bring back to the level of even 50% self-sufficiency
It is a typical post-industrial society, ie it lives by breeding as many financiers, managers and designers as possible. and indeed, since huge financial assets revolve in these spheres of services, which by most part are phony , buying shares and securities makes the bubble grow seemingly larger. This new financial post-industrial economy creates the illusion that it has successfully moved on to the next step of post-development (finance, management & design -- ukit), but it is based on nothing
A hollow rotten mushroom, completely worn out by wormsThe Rothschilds moved their head offices to China years ago
- As critical of the US as I am, I think you're being a bit harsh.TheBlueOne
- ..oh and let the Chinese have the fucking Rothchilds. Hate those fucks. Hate them.TheBlueOne
- Love the heavy-handed opinions.Mimio
- << completely unfounded on all accounts.johndiggity
- Well, the infrastructure does suck, I'll give him that.TheBlueOne
- ********0
>one of the main problems has been the networked nature of the
>global financial (services) sector - which is a condition/outcome of
>globalisation. You can't blame one country/national policy etc.USA, the 230 year old experiment, country founded and built as an completely artificially constructed entity, is the pinnacle of globalization, the crown of its formation, its geopolitical and ideological vanguard.
- I think the brits might argue they got there first...TheBlueOne
- blaw0
drgss: You are out to fucking lunch on this stuff.
America is a very big country comprised of a very diverse demographic. Whatever little picture you have painted is not a definition of the whole.
In my little area alone there are more people than can build things, repair things and invent new ways of doing things than there are that depend on others to do it for them.
You need to either wake or shut the fuck up.
- ukit0
drgss WTF are you going on about
The idea that we are not a healthy economy unless we are all working in factories - I don't get that. That is the opposite direction we want to go.
Just because there were some dumb ideas about how to structure and regulate securities in the financial industry doesn't negate the value of a post-industrial workforce. That's like saying the auto industry is worthless because someone made some defective tires. Post-industrial economy is the same economy that has produced Google, Apple, Microsoft - are those all worthless companies?
And BTW, the U.S. is not going to fall anytime soon because, if nothing else, we have more weaponry than the rest of the world combined:)
Die, Norway, die
- TheBlueOne0
Look, I said it above and I'll say it again here, the US doens't have a failed manufacturing sector, it just has a manufacturing sector that excels at different things than China.
China is great for textiles, and cheap electronics or plastics, or questionable pharmacuticals. Things that are labor intensive, have questionable quality control, low profit margins. Things that actually are scalable for a 19th/20th century workforce.
The US has a stellar manufacturing industry for aerospace, heavy machinery, high tech, precision manufactures of all kinds, etc. It's designed primarily around high skill, high pay and lots of robotics useage, with relatively high profit margins.
Could we turn on a dime if we had to start making denim, t-shirts and plastic bric-a-brac? Probably not, but it's certainly not outside of our capabilities as a nation to return to making such things within a certain timeframe. That's just ridiculous.
- Oh, and we make awesoem killer robots. And if there's anything we'll need in the 21st century, it's killer robots.TheBlueOne
- two words: trade deficit********
- six words: the dollar is the reserve currencyTheBlueOne
- http://www.iht.com/a…TheBlueOne
- One word: Dildo********
- sigg0
- So you just drop in out of nowhere with your snarky little animated gif there, eh?TheBlueOne
- Yes. Deal.sigg
- FIght fight FightGeorgesII
- Well, when you get beyond the passive-aggressive gif posting then I'll learn to "deal".TheBlueOne
- same guy that called me a troll.DrBombay
- Is this not an accurate representation of the events transpiring in this thread?sigg
- passive-aggressive gif posting? It's two kids facing back to back on a merry go round. How is that aggressive?sigg
- It's the exact representation of this thread. In 2020 you'll all still be here, in this thread, on the same discussion.sigg
- No ones opinion having changed.sigg
- Sorry to ruin your day with the truth.sigg
- discussing politics is childish...DrBombay
- lowimpakt0
i know where you are coming from BlueOne but I think even considering production at a national level is a thing of the past because supply/value chains are so integrated. Look at this example of a simple electronic toothbrush..... brushing your teeth is a manifestation of globalisation.
- I agree, just saying that the myth of a dead manufacturing sector in the US is highly exaggerated.TheBlueOne
- true true.lowimpakt
- Not true!********
- ********0
Manufacturing in the USA is at or near its lowest point in modern history. All industries are crashed and burned. Please be real. End of story.
lowimpak: +1
TheBlueOne: -1- If it were true, you get some sort of strange satisfaction out of it. This is why I want to fight you.DrBombay
- Fight my nephew. Like I said, I am too wise to fight. But, anyone who says US manufacturing is "ok" is silly.********
- everty time you open your mouth you prove your an idiot.TheBlueOne
- ********0
I do not believe in protectionism by the way. But US manufacturing could and should be much more robust.