Quote:
|
Originally Posted by pocketkangaroo
Many people here do though. I have personally targeted other countries as to diversify my traffic and suggest others do too.
I guess I'd have to disagree with you. I feel the US has one of the most stable economies in the world. In a market economy where businesses are given much more freedom than in other countries, you will always have more opportunity to succeed. The globalization of the world has companies opportunity to outsource many jobs at lower cost and thus re-invest their earnings into the future growth of the company.
|
There is nothing unique in what you said above - literally all western countries have the same business prospects and often far more freedoms and opportunities to succeed. They are also all trading globally etc. Asia and the Western Pacific rim has more biz opportunity than any western country.
Quote:
|
Originally Posted by pocketkangaroo
As for the national debt, it will be a problem in the future. Although I don't believe in the end of the US predictions by some far reaching people. The US will have to deal with it someday and it will probably come from government spending, a small raise in taxes to some, and some inflation to our economy. I still don't see that knocking the US off as a decrease in the US economy will have a trickle down effect on many countries throughout the world.
|
Mmmm.. that is going to be one nasty big massive shitty problem - and not too far in the distant future. It is fundamental to literally all else.
It's hard to say the US has a stable economy when the dollar value is often worth 40% less against many other currencies than it was a few years ago. In theory, this should have helped the economy by promoting exports - but there is little to export competitivly, - so that opportunity has been lost.
Dunno if you are aware - all US homes plus their contents can barely cover the total of the nations debt. To a substantial degree - other nations own the US by their lending facilities. The US Treasury did the most extensive report ever on the economy (took 10 years) and delivered this in.. think spring 2002. Their recommendations were immediate tax rates of 60% "for the foreseeable future" to try and clear the backlog of debt. Young George of course filed it in his out-tray - he don't do figures :-) But it will end up being address by hopefully "somebody" in some future govt. This level of debt pro rata population exceeds all other countries and the continued lack of any fiscal policy and living off the "national credit card" is just not sustainable. No sane person would run any business like that - USA Inc is a business.
Quote:
|
Originally Posted by pocketkangaroo
You really aren't saying that they don't need the US to buy oil? Losing one of their largest consumers of oil would signifigantly increase the leverage countries like China would have on them and their price.
|
Hell no - they sure as damn don't need any country - whether the US or otherwise to buy more oil. On the money side - OPEC controls their price and tries to keep the market stable - it's not a matter of leverage by other nations. Tho truth is China is going to end up consuming more oil than any country ever did - the environmental issue problems they are already aware of - depends if they act on the problem.
This thread was about "America Being So Shitty" - it's not shitty. It has major problems ahead - prob more than any other country has ever had - and needs a remedy and some realism injected before it causes major lifestyle changes. Fantasy can only last so long in the real world - that is changing rapidly along with major economic shifts.