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remember, america decides 2008
whether to inflate
or deleverage
Edit:
Well with the large amount of mortgage paper that the US owes to foreign investors, it can either print it's way out (like Weimar Germany in the 1920s with the problem of its WW1 reparations) or it can pawn it's way out. My question to all Americans on this forum is... which would you rather have? The Chinese, Japanese, and Saudis owning 3-5 trillion dollars in American assets... or the US dollar inflating by 10-20% per annum?
Edit #2:
Ok basically US owes money, should we pay it back to foreigners by letting them buy us out or print money to pay them back and risk hyperinflation
 
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I don't understand what the hell you're trying to say.
Also the second image is shooped so obviously.
LOLOLOLOL
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CHINA, FUCK YEAH!
Comming again to collect your billion debts yeah!
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United States20661 Posts
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Valhalla18444 Posts
ahhh a thread where it should be
thank you my good man
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We'd have to take out a loan to get the nukes though, so we'd have to nuke the people we borrowed from, then creating an endless cycle of borrow-nuke-borrow until the world's gone and USA reigns supreme. 
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On September 24 2008 17:14 -orb- wrote:
I don't understand what the hell you're trying to say.
Also the second image is shooped so obviously.
You sure it's shopped?
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I sense ban-trap. Leaving asap.
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On September 24 2008 17:42 NoobsOfWrath wrote:Show nested quote +On September 24 2008 17:14 -orb- wrote:
I don't understand what the hell you're trying to say.
Also the second image is shooped so obviously. You sure it's shopped?
Okay reading the rest of the posts I have absolutely no idea what the hell is going on T_T
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I rather have the american government rip are foreign policy to shreds, take the huge amounts of money that we invest in our never ending world policing and reinvest 60-70 % of it into different ends of our economy, revitialize our domestic factorys/production, put tons of money in cutting edge sciences and then tax the shit out of ourselfs to pay back the gross amounts of debt we have and revalue the dollar with stable industry.
The tax the shit out of ourselves doesn't mean individuals, it means tax the shit out of the companys that will boom with such a stimulas.
Just my opinion, and I'm not at all certain I'm correct, its just what I've thought for the last 3-4 years.
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On September 24 2008 18:04 -orb- wrote:Show nested quote +On September 24 2008 17:42 NoobsOfWrath wrote:On September 24 2008 17:14 -orb- wrote:
I don't understand what the hell you're trying to say.
Also the second image is shooped so obviously. You sure it's shopped? Okay reading the rest of the posts I have absolutely no idea what the hell is going on T_T
I'll make it easy, somebody is being a romanian, reread it and figure out who!
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um. guys i'm trying to seriously ask a question here...
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I gave my opinion that accepting either is bad so isolationist america ftw?
What do you think?
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On September 24 2008 20:06 AttackZerg wrote:
I gave my opinion that accepting either is bad so isolationist america ftw?
What do you think?
Well we have to accept one or the other. Currently US owes about 3-4 trillion dollars to foreigners and a significantly larger amount to itself in terms of mortgages and other forms of paper. Well actually, we could default, but that would be horrific and unconscionable (it would reduce the US to a financial basketcase like Russia or Argentina).
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Isolationism won't save us enough money to pay it all off.
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Foreign Capital. Us can't do without it and it is already pouring into US companies. Abu-dhabi is the largest share holder in Citi and others will follow. China's goverment has Decent amount of free capital in ready-to-invest funds, but the middle-eastern investors still have several times more. So put Saudi flag up there ;o
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United States22883 Posts
Why would we pay it off? What modern countries actually pay off their debt? The plan is to improve the domestic economy, employ much, much better diplomacy and see the rest of the world's faith in the US go back to where it was. If we can get a surplus or reduce the debt, that's great, but we really just need to restore credibility.
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US won't be able to pay off their loans. Question is if they can pay the interest rates.
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America... Welcome to Africa!
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France1699 Posts
We in france have for a long time gave up the idea of repaying our debts.
We are simply refounding the interests of those... but not even the full interests, we can't.
Our global debt is getting bigger every year by 6 %. (which is btw within the european standards : 6,3 % iirc)
cheers.
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The United States of America was formed on the principal of freedom to practice religion, or something along those lines anyway. This translates into the modern day as free stuff when we think we really need it, like bad ass planes, super fucking fast hummers and a gun that could blow the head off a donkeys dick from 5 miles. America has spent ever last penny and then some to obtain some very nice and luxurious things which are hardly used or needed by the public or government (See: Operation Iraqi Freedom). America has sat on her laurels for too long and now we must pick up the proverbial tab and leave the bar.
But like a crack head is to a dealer, America is to her lenders. So we arent going to pay you other countries right now, cause we are in Iraq, we are stupid and we let our money dudes give out way too much. Now the government is going to bail us out like bad parents to that same crack addict, but in the end we still aren't going to pay you guys back cause we are fucking America.
In Short...
+ Show Spoiler +
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On September 24 2008 18:04 -orb- wrote:Show nested quote +On September 24 2008 17:42 NoobsOfWrath wrote:On September 24 2008 17:14 -orb- wrote:
I don't understand what the hell you're trying to say.
Also the second image is shooped so obviously. You sure it's shopped? Okay reading the rest of the posts I have absolutely no idea what the hell is going on T_T
That makes you a total dumbass then. Sorry.
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Hyperinflation would be interesting.
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On September 25 2008 01:30 Naib wrote:Show nested quote +On September 24 2008 18:04 -orb- wrote:On September 24 2008 17:42 NoobsOfWrath wrote:On September 24 2008 17:14 -orb- wrote:
I don't understand what the hell you're trying to say.
Also the second image is shooped so obviously. You sure it's shopped? Okay reading the rest of the posts I have absolutely no idea what the hell is going on T_T That makes you a total dumbass then. Sorry.
Read the OP again man it makes no sense without the edits. It was just some picks of German money and a fucking Russian flag, it also said Mark. One could conclude from said images that a German man named Mark printed his own money and is now rich as fuck living in Russia, or somebody climbed a tall building and found some money. Consider your apology accepted Sir. GOOD DAY.
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On September 25 2008 01:33 meegrean wrote:
Hyperinflation would be interesting.
No. It always leads to disasters
see: Zimbabwe ( atm ), Chile ( 70's ), Germany ( 20's ) ...
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On September 25 2008 01:33 meegrean wrote:
Hyperinflation would be interesting.
Only if by interesting you mean "Completely fucked up."
Hyperinflation means that everyone's savings become worthless. Maybe you don't have any now, but don't you want an inheritance that is worth something?
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Sorry, I meant that hyperinflation would be a more "interesting" outcome. I'm pretty sure that it won't happen though.
One thing's for sure though; the US economy is in deep shit.
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You actually asked people if they want hyperinflation?
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I became a citizen last month.
Great time to join America.
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im pretty sure there are other choices...
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On September 25 2008 09:53 c0stc0dud1 wrote:
im pretty sure there are other choices...
The only choice would be to default on your debt (declare bankruptcy as a nation). Why the fuck would the Chinese continue to buy low-yield treasuries when they could just spend their trade surplus on intellectual property rights, patents, Merck, and Boeing?
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EPT![[image loading]](http://i427.photobucket.com/albums/pp354/pyotrwiggin/inflationarynotesmain1.jpg)
![[image loading]](http://i427.photobucket.com/albums/pp354/pyotrwiggin/deleveraging.jpg)
