Global Economy

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  • d_rek0

    I'm going to start investing my money into the Mattress Fund(tm).

    The global economy is the pits!

  • TheBlueOne0

    What's different this time around is the speed of wealth transfers from anywhere to anywhere globally beyond the reach of any single nation state and the utter lack of mobility of labor. Capitalism is all mere speculation now and nothing to do with producing products of value. But go ahead and defend it if you must, but if you're not playing with speculators money then you really aren't in the system. A lesson all these tea party peeps in the US don't seem to grasp.

    • and the political power that stateless money now has in each country. Finance is literally out of control and wrapping us..mikotondria3
    • ..all up within it's self-perpetuating tentacles. Politics was designed to buffer the endless power of the rich, and...mikotondria3
    • ..now that buffer has gone, and money has starting making the rules about how we behave toward each other and it.mikotondria3
    • Politics wasnt designed to buffer rich. Speakign of a republic at least. it was designed to protect individual rightsdeathboy
    • rights.deathboy
    • you are oblivious to the concept of structural violence, aren't you deathboy. Read some classic Huntington and Tedd Gurr for example.TheBlueOne
    • I however don't believe politics is "designed" it's biologically innate. We're primates. Social positioning is what we doTheBlueOne
    • political systems are merely tools, and it's silly to pledge loyalty to one over another...TheBlueOne
    • ..it's all context and end-state target dependentTheBlueOne
    • There's nothing inherently better or worse between capitalism, socialism, etc...TheBlueOne
    • depends on the aims of a given society in relation to it's neighbors and own internal idealsTheBlueOne
  • utopian0

  • utopian0

    A must read... even for you Teabaggers out there,
    and you know who you are...

    http://www.amazon.com/Post-Ameri…

    • personally im like meh looking at the synopsis. Not saying in has no merit but not sure if its what im looking for, for a good read that has good bang for time.deathboy
    • bang for time spent. I would be more enticed if it had a narrative to test against.deathboy
    • guess i like more rudimentary stuff. i did enjoy the the big short. Well still enjoying it. it has a feel of more substancedeathboy
    • Stuck in a rough spot. cant explain instincts that say not worth it before reading. and i knwo how it sounds, but i trust my instinctsdeathboy
    • my instincts and just think its a repeat of what i already know. very ignorant of me i know, but it is what it isdeathboy
    • Here's a question. Utopian what did you find of value taken from it that make sit worthwhile?deathboy
    • and of course im self centric and it being a post following mine i assumed u may be calling me addressing me butdeathboy
    • your teabagger terminology doesnt generalize me that well. Since i dont think any collective is worth shit. but thx anywaysdeathboy
  • georgesIII0

    don't worry your congress and senate will save you by making laws to tax the banks!!
    ....there are 237 millionaires serving in Congress, according to 2008 figures. ...
    - oooh shit

    ...The richest member of Congress is Republican California Rep. Darrell Issa, whose net worth is estimated to be in excess of $250 million. He's followed by four Democrats: California's Jane Harman (approx. $245 million), Wisconsin's Herb Kohl (approx. $215 million), Virginia's Mark Warner (approx. $210 million) and Massachusetts' John Kerry (approx. $209 million). ....

    - it will trickle down no worries

    http://www.cbsnews.com/8301-5035…

  • deathboy0

    I like more tom robbin type narratives. one with little whimsical insights and wit ... "Humanity is generally offensive," he told her happily. "Life's an offensive proposition from beginning to end. Maybe those who can't tolerate offense ought to just go ahead and end it all, and maybe those who demand financial compensation for offense ought to have it ended for them.".. or ... "Real courage is risking something that you have to keep on living with, real courage is risking something that might force you to rethink your thoughts and suffer change and stretch consciousness. Real courage is risking one's cliches." ... that kind of stuff just tickles my fancy much more. Any of those kinds of books with that magic?

  • Miesfan0

    How Much Would It Cost To Buy Congress Back From Special Interests? (June 30, 2011) by Charles Hugh Smith.
    Here's a thought: let's buy our Congress back from the special interests who now own it.
    We all know special interests own the U.S. Congress and the Federal machinery of governance (i.e. regulatory capture). How much would it cost the American citizenry to buy back their Congress? The goal in buying our Congress back from the banking cartel et al. would not be to compete with the special interests for congressional favors--it would be to elect a Congress which would eradicate their power and influence altogether.

    A tall order, perhaps, but certainly not impossible, if we're willing to spend the money to not just match special interest contributions to campaigns but steamroll them.

    A seat in the U.S. Senate is a pricey little lever of power, so we better be ready to spend $50 million per seat. Seats in smaller states will be less, but seats in the big states will cost more, but this is a pretty good average.

    That's $5 billion to buy the Senate. ->
    http://www.oftwominds.com/blogju…

  • deathboy0

    I wonder if there has ever been a study done on wealth disparity and power of government. Disparity is a natural state but it does seem a bit perverse these days. I blame the ones in power and those officials that lack all integrity and continue to use there personal greed to over extend their power through majority rule with elections by applying their own wealth distribution models that garner their votes. Oh and of course the mobs integrity in allowing such things by accpeting the handouts and choosing their own justification that it is ok to steal from the rich becuase theyre stealing from us by buying gov, continuing this endless charade. The mob is so dumb witted that it doesnt understand it holds much more power than money. If it really understood. However theyre so punch drunk with right vs left, rich vs poor, all they can do is play the game that fucks them and everyone else. Really need to stop following judas cow and get some individual thought. See things from multiple perspectives and not solely the ones the tv tells you to look at based on your ID/beliefs. Have u ever noticed the politicians never explain and say come to your own conclusion on this info or question it. All they do is lead with massive hyperbole and party rhetoric.

    And what is more crazy is if party rhetoric followed a philosophy it would make more sense. But both hedge the bets by mixing and ignoring philosophy of each party. Liberals are for individual decisions liek gay marriage and abortion. Hell liberal is derived from the word freedom, which can only be obtained individually. And yet all there social platform is based on collectivism. Conservatives spout belief in free markets, freedom and constitutional ways, yet are highly religious, generally speaking, and try to block people individuals rights that go against their belief structure. And their belief structure is is mainly collectivism based on popular religion. Theyre one in the same. dumb fucking power mongering cocksuckers. Both dont want you to think or question with rational thought. They just want u too choose a side. Either way they win. The politics is just smoke screen for the real show. The individual deals and rules being made and the game being played to keep the smart on both sides in the money. Dont vote, just start to read more. Get some non gov sponsored edu and rhetoric in your system. Read about what u dont like. Assimilate it and think about it. U dont have to have an opinion or need to decide if you dont understand. You dont need to choose a side. Just read and think and learn first. Dont accept things peopel say with a degree or position. That has nothing to do with truth. Perhaps theyre right, but find it out on your own and through your own merit.

    That is the captain wow rule of thumb that no one seems to use since its so much easier being spoon fed these days. Fuck there is another rule. If its so goddamn easy u best question it. Or the saying if a deal is too good to be true its probably not a good deal. Shits organic and for everything gained u gotta give something.

    • This is what drives me nuts about you. Even your first sentence...TheBlueOne
    • "e has ever been a study done on wealth disparity and power of government. "TheBlueOne
    • Seriously? Jesus brother..you run your mouth with zero researchTheBlueOne
    • Having an MA in the field I can tell you their a huge huge body of work out there about it in the modern eraTheBlueOne
    • besides WTF do you think Adam Smith, Riccardo and Marx were writing about?TheBlueOne
    • You talk so much garbage and zero education. And learn to use fucking capital lettersTheBlueOne
    • I hate this fucking thread and you mouthbreathersTheBlueOne
    • And why do you start out with "Disparity is a natural state". That's quite an assumption...TheBlueOne
    • ...what are you basing that on other than your feelings. Data please.TheBlueOne
    • Your entire first paragraph is a bunch of baseless commentary and strawmenTheBlueOne
    • probably a study. but also probably not. i looked and couldnt find anything.deathboy
    • disparity is natural. from talent, to looks, wealth, to sea and desert. if everythign was at a balance nothign would movedeathboy
    • And the rest was me ranting on what i know and the hypocrisy thats ridiculous.deathboy
    • that bugs you well deal with it where was my strawmen by the way?deathboy
    • If you had somethign to bug me it would be how u say soemthig is worng without explanation. no examples. how am i suppose to verify your claimdeathboy
    • am i suppose to verify your claim? do u expect me to take you serious if u just naysay?deathboy
    • but eh if not your a funny little guy with a bad temper and daddy issues or soemthing.deathboy
  • pablo_280

    ^

  • kingkong0

    read this:

    An Inquiry into the Nature and Causes of the Wealth of Nations, generally referred to by its shortened title The Wealth of Nations, is the magnum opus of the Scottish economist and moral philosopher Adam Smith. First published in 1776, it is a reflection on economics at the beginning of the Industrial Revolution and argues that free market economies are more productive and beneficial to their societies. The book is a seminal work in classical economics.

    http://en.wikipedia.org/wiki/The…

    • <-this is a startTheBlueOne
    • 1776. not what im looking for. More a direct study maybe 10 years old. that covers all types of economysdeathboy
    • from village to city, in all kids of nations with different social structures and beliefsdeathboy
    • then try to quanitfy a government level of power/the wealth disparity/ education/ and maybe some social notesdeathboy
    • see if disparity is higher in authoritive governments, if its more spread out in smaller governements. complete objectivity and datadeathboy
    • objective data and numbers. I dont know if soemthign of that size and with real objectivity existsdeathboy
    • and i already agree a lot with what i know of adam smith.deathboy
  • zaq0

    one more time, buy bitcoins

  • drgs0

    The history and essence of american political thought. this book is important

    http://www.amazon.com/Joe-Plumbe…

  • kgvs720

    Eventually and over time India and China will be owing U.S. after that I don't know what the fuck is gonna happen.

  • GeorgesII0

    to all the anarcho capitalist liberal teabager socialists,
    read this and come back later to tell me if we're not already in deep shit,

    a fuckn must read for those who don't get it!
    -
    -

    http://urlybits.com/wp-content/u…

  • GeorgesII0

  • chrisRG0

    ^ it might happen in a really long term, but I don't see any chance of India, China and Brazil over come the developed countries. Seriously, even thought these countries are growing up fast, people has no idea what life in the third world is like.

    Brazil, where I com from, you have the developed part, about 30-40% percent of the country only, and the rest which is really poor, and even the developed cities, like Sao Paulo and Rio, are much more dangerous than anywhere in Europe.

    Jobs still a huge issue in Brazil, same to the health system, not to mention education.

    And that what pisses me of, even when China, India and Brazil were the top 3 economic countries, I don't think it'll have a better quality of life than US, UK, Sweeden, etc etc

    • true true, I almost forgot what was the feeling of having Ak47 pointed at me,
      relevant: http://www.liveleak.…
      GeorgesII
    • in my home country that is, last time I visited, some cunt policeman almost unloaded on us, long and stupid storyGeorgesII
    • The better quality of life wont last foreverjadrian_uk
  • raf0

    Gold trading is now banned. In Vietnam.
    Meanwhile in the US... http://www.100forexbrokers.com/g…

  • Hombre_Lobo0

    ill save you lot the hassle -

    ahem.

  • JSK0

    US is already bankrupt. Killing the US dollar is meaningless. Cheaper export cost.

  • jayliquori0

    listen to glen beck! buy gold! hahaha

    in all seriousness, diversifying is the best thing from what i have researched. invest world wide, and have a portion in gold/silver etc.

    • you understand that gold and silver are no longer hedge right?JSK
    • well if the dollar loses value, and you want to keep you wealth somewhere.. then where?jayliquori
    • If you look at the movement, you should constantly move your money. Treasuries etc.JSK