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I find it highly amusing that Blu loves to insult americans when it was russia that fell the fuck apart.
must suck eh Blue? The fact you cant even win a cold war let alone a hot one? |
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This is the worst argument I've ever heard. US debt is irrelevant. Yes, it's large - but as a function of GDP it's below most. US debt/GDP = 57% French debt/GDP = 67% Canadain debt/GDP = 100.2% British debt/GDP = 54% Japanese debt/GDP = 136% Spanish debt/GDP = 70% etc. U.S. GDP per capita is about 40% greater than the any other country in the western/asian world. God knows how much higher it is compared to any third world countries. If there's one stat that tells the world the U.S. economy is set to be the world leader for the foreseeable future - that's the one. You also assert in consecutive 'points' that the a falling US dollar (cause OPEC's gonna switch baseline currency when selling oil, and this would supposedly matter... LOL) is going to hurt the econonmy, then point out the U.S. trade deficit as further evidence of doom. Apparently you fail to recognize trade deficits are a function of currency strenth - and they work inversely. Countries with a strong currency do not export items well. Other countries can't afford their items. Likewise countries with a strong currency tend to import items as imports are cheap. The quickest way for the U.S. to reduce it's trade deficit would be for the value of the dollar to fall. There are many, many in this country (notably organized labor) that want the dollar to fall and argue such a scenario would greatly benefit the U.S. economy. You have absolutely zero understanding of economic principles and I'd recommend you avoid using economic 'analysis' in your arguments. |
Let's break it down real quick:
Bush gets his oil. [mental note: tools serve a limited purpose] Israel gets the world. I don't like all this speculation going around. Give it an iota of thought, and the pieces all fit. See you in 2012. |
Canada GDP/debt projection 2003 : 50%
Cette dette, qui tournait autour de 550 milliards fin 2001, ne devrait tomber en dessous des 50% du PIB qu'en 2003, selon le projet de budget. http://www.cyberpresse.ca/reseau/pol...020063905.html 2001 Canada GDP/debt: 51.8% La dette publique nette, exprimée en proportion de l?économie, se chiffre maintenant à 51,8 %, en baisse de près de 19 points de pourcentage par rapport au sommet de 70,7 % atteint en 1995-1996. À l?échelle internationale, aucun pays du G-7 n?a réduit son fardeau de la dette autant que le Canada. http://www.fin.gc.ca/afr/2001/afr01_1f.html Those are canadian gov websites. Wonder where you got your figures? Quote:
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Mine came from http://www.economist.com/countries/C...conomic%20Data |
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Honestly, I don't know if any of those are true or calculated the same way. Maybe yours is referring to all the debt Canadians have ( all levels of Gov + personnal loans + credit cards ) in % of GDP... since it says "Public debt"... But we are not going to piss in the air over that ... |
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Yeah, don't really know what to think. I'm leaving for Banff in a few hours. I'll ask when I'm up there :) |
Its all about the Illuminati...
The outcome is decided. When the USA dies and is no longer... That event will certainly be the sign of the times when mankinds rise will begin fall. For the USA as a contenent will not be going away any time soon nor within your life times or childrens life times. All civilizations fall its proven and will perpetually happen. Some sooner than others. Accept that the USA will always be for quite sometime. It aint goin away. But the Illuminati will always be behind occurances and in the minds of those in that order all decide who lives, who dies who leads and when. nervous yet? Now goto to sleep. Sleep with one eye open :glugglug |
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as long as USA prints money without backing them in gold a cost/ benefit analyssis is worthless... the paper is cheap you know... big deal, Federal Reserve will take care of it... keeping USD's hegemony is the real problem.... iraq started to sell oil on euros in 6 november 2001, Syria, Iran intend to do so... now THAT's the real problem... nobody said USA came to IRAQ to steal oil.. the came to install a puppuet government so they control the country... making plans for Iraq after the war... I didn't hear Iraqi's asking for a reconstruction, you did? |
Blu... you aren't even smart enough to figure out how to open a US based bank account yet you have the gall to think you are smart enough to understand World politics... Hmmm, still wet behind the ears yet think you can tell the wetnurse how to do her job eh?
Clue,... go back to school and quit trying to play grownup. Before someone stubs your toe on the jungle gym. I've heard this dribble out of others like you for years over every darned conflict that has ever happened and from idiot kids every time as well. Life goes on, the World still turns and dqrn! The sun rises in the East each morning. Take your malignant rants over to a Neo-Nazi board, or did THEY run you off as well? |
Who was it that said that the Russians would change the rotation of the earth while we (Americans) slept and in the morning we would be under the pacific and atlantic oceans? :1orglaugh :1orglaugh Was that Bluspew too?
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Opec Article on Euros
There's a lot of reading there, and i haven't read it all, but it seems very interesting. It is by the then Secretary General of OPEC essentially building a case for oil to at least partly be traded in Euros. One thing is some of the weaknesses he points out about the Euro have been turned around since then. For example the actual relative weakness of the Euro to USD. While the USD is losing some of it's previous strengths. e.g seens as a reliable store of value, and general goodwill around the world. If Norway and the UK join the Euro you can pretty much kiss goodbye US dominance of oil trade. Best case scenario there is dual pricing. |
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