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Caller
Poland8075 Posts
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Klockan3
Sweden2866 Posts
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saritenite
Singapore1680 Posts
Or we could talk about how Manifesto7's kid is gonna bring the world to a new age of prosperity and how all politicians should just bow down and do his bidding | ||
Schnake
Germany2819 Posts
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Caller
Poland8075 Posts
On July 11 2009 03:07 Klockan3 wrote: You seem a bit leftish in your approach. i'm not leftish at all, but i want to be as nonbiased as possible ![]() | ||
Aegraen
United States1225 Posts
Debt Monetization and it's ramifications throughout history and the theory behind the principle. Red China's increasing amount of the US economy owned, and with ever increasing budgetary deficits expected to hit 13.5 trillion by 2018 what possible impacts this could have. The role the FED plays in manipulating US currency through inflation, it's effect, and why many of our founders were against the notion of a Centralized Bank. (Milton Friedman is an excellent source) How is the US ever going to pay off it's accrued debt totaling over 50+ trillion with the vast majority of it coming from Medicaid and Medicare. The Ramifications that Cap and Trade would have on small businesses, and in general every family. With an estimated 4,000$ increase per year on expenses for the average family/person what impact will this have with ever increasing taxes? Philosophically, is it indentured servitude when taxes reach and exceed 40-50-60%? (You are then not working for yourself or family, but are a direct worker for the US government) Also, a little interesting fact. I would if I was you check the unemployment figures of Jan. 09 and compare them to today. Then look at the unemployment numbers from Summer 08 to Nov 09. Is there a correlation of rapidly increasing unemployment coupled with the huge amount of government intervention, taxes, and promised future regulations such as Cap and Trade, etc. How will the Galt Effect (Atlas Shrugged), come into play in the next few years? It's always good to have a philosophical approach to the economy. Some things to ask yourself if you were a businessman. In what type of environment would you best thrive in? | ||
triangle
United States3803 Posts
Also, stuff that has no evidence or arguments that can be made like the "Galt effect" don't work either. Healthcare absolutely has to be discussed. I would also discuss the issue of the dismal US manufacturing sector. One issue that hasn't been mentioned is the weak dollar. A major argument floating around is that lack of Chinese spending despite the nation's production enabled the US to spend very freely on artificially cheap goods. | ||
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