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-   Fucking Around & Business Discussion (https://gfy.com/forumdisplay.php?f=26)
-   -   Get Out of The Dollar Now While You Can - Collapse Of The American Empire (https://gfy.com/showthread.php?t=858173)

DWB 09-29-2008 01:01 PM
Quote:
Originally Posted by pigman (Post 14824421)
Dont worry, USA can borrow a lot more money without collapsing.
Public debt (% of GDP) just a few countries with more debt than the US.

Japan 195.50%
Italy 104.00%
Germany 63.10%
United States 60.80%

http://en.wikipedia.org/wiki/List_of...by_public_debt
China just cut its loans to USA waaaay back about 6 months ago. Was loaning us over 1 billion dollars a day.

AtlantisCash 09-29-2008 01:35 PM
so can anyone tell me about this pls?

Our sales also might be dropping since USA. is the Biggest market for the Pps/Revshare so what do You think, what our business method direction should be?

Do You think time is better directing business models to alternative nocreditcard billing solutions rather then pps?

e.g. international traffic with phone lines based?

Marshal 09-29-2008 01:37 PM
i'm not afraid of usa bankruptcy... what goes down, soon comes up... buy when everybody else's selling! :winkwink:

datatank 09-29-2008 01:57 PM
Quote:
Originally Posted by MikeHawk (Post 14825862)
Jim........
I dont know...
But i can tell you this past year I moved my entire family to Costa Rica, Beaches, Guanacaste, it was so amazing and its life the way it should be really. I found this to be refreshing and totally amazing...i saw it as a nice break from all the "brain washing USA bullshit" my kids have to endure watching television or listening to there friends at school.

Costa Rica did not work out for a full time deal, for young kids super dangerous in the rain forest jungle...so it was a move up to Canada, amazing place, people are super nice, it reminds me of what California was like when i was a kid....innocence still exists for kids growing up here... so it looks like 1/2 year here in Canada, and 1/2 beaches of Costa Rica.... :)

So i guess what i am saying, i don't see any real solution ...for the good ol USA

these are some scary times, and i dont see things getting better for some time....
Where did you move your money?

Zebra 09-29-2008 02:02 PM
BREAKING NEWS - New economic stimulus plan announced: https://gfy.com/fucking-around-and-business-discussion/858307-webcashmaker-com-introduces-webmaster-bailout-plan.html

MikeHawk 09-29-2008 02:12 PM
Quote:
Originally Posted by Buddy (Post 14826276)
Whiskey and cigarettes, buy all you can!!!!!

Guns too!
Oh you are "dead right" ....

http://www.fototime.com/EBAD0D24C73E8E2/orig.jpg

Jman 09-29-2008 02:12 PM
Quote:
Originally Posted by MikeHawk (Post 14825862)
Jim........
I dont know...
But i can tell you this past year I moved my entire family to Costa Rica, Beaches, Guanacaste, it was so amazing and its life the way it should be really. I found this to be refreshing and totally amazing...i saw it as a nice break from all the "brain washing USA bullshit" my kids have to endure watching television or listening to there friends at school.

Costa Rica did not work out for a full time deal, for young kids super dangerous in the rain forest jungle...so it was a move up to Canada, amazing place, people are super nice, it reminds me of what California was like when i was a kid....innocence still exists for kids growing up here... so it looks like 1/2 year here in Canada, and 1/2 beaches of Costa Rica.... :)

So i guess what i am saying, i don't see any real solution ...for the good ol USA

these are some scary times, and i dont see things getting better for some time....
Please Mike don't tell everyone that Canada is an amazing place.

Seriously folks in Canada you get stab if you take the bus and the streets are filled with pot smoking hippies...

I strongly suggest to stay away.

AtlantisCash 09-29-2008 02:20 PM
Quote:
Originally Posted by Zebra (Post 14827709)


So You can also answer my question above?

AlienQ - BANNED FOR LIFE 09-29-2008 02:26 PM
So whats the next big thing? Porn and Real Estate are out so whats next?

Has to be something!

Tempest 09-29-2008 02:44 PM
Quote:
Originally Posted by pigman (Post 14824421)
Dont worry, USA can borrow a lot more money without collapsing.
Public debt (% of GDP) just a few countries with more debt than the US.

Japan 195.50%
Italy 104.00%
Germany 63.10%
United States 60.80%

http://en.wikipedia.org/wiki/List_of...by_public_debt
The only problem with those numbers is that it's based on % of GDP and since a portion of GDP is government spending, it can be manipulated by the government.. For example, the USA is at war and spending billions more than normal and thus that pushes their GDP up.

I prefer to look at it in terms of debt per capita as I feel it's a more accurate representation... Closest I could find was this one with external debt.. http://en.wikipedia.org/wiki/List_of..._external_debt

189,855 - UK
68,183 - France
54,604 - Germany
42,343 - United States
39,446 - Italy
22,801 - Canada
11,682 - Japan

When it comes having the dollar backed by gold, the markets now consider a curency backed by the resources of the country.. So for example, our Oil production that has grown considerably over the last few years is just one of the reasons our currency has gotten stronger.

RayBonga 09-29-2008 02:52 PM
the dollar will keep going down until the US trade deficit is reduced. read what warren buffett said on this recently

V_RocKs 09-29-2008 04:21 PM
Fuck are we.

Iron Fist 09-29-2008 04:28 PM
Quote:
Originally Posted by MikeHawk (Post 14821477)
I don't like the idea that the average American has to pay more taxes to bail out the rich guys.

I think some of what these guys did was criminal and they should be prosecuted accordingly.

I think putting a large part of the housing market in America into the hands of the Federal Government is a mistake.

I think when President Bush was speaking the other night and he said that when the market went back up in the future and the property holdings were then sold off by the Government "every single dollar of tax money will be repaid" is a joke. Even if they make the money back they'll give it to some special interest group.

I think the fact that irresponsible people have defaulted on their loans shouldn't leave those that do meet their financial obligations holding the "bag of sh*t".
I think I like what your saying...:thumbsup:thumbsup

MikeHawk 09-29-2008 07:36 PM
Quote:
Originally Posted by sharphead (Post 14829352)
I think I like what your saying...:thumbsup:thumbsup
:thumbsup:thumbsup:thumbsup


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