Home › Forums › Financial Markets/Economics › How do you feel about the future of US?
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January 14, 2010 at 1:21 PM #503087January 14, 2010 at 2:10 PM #502203felixParticipant
Do we make mistakes? Of course.
Do we spend too much on our military? Probably.
Could some be better spent? Of course.
I agree with you there.
I wonder why you mentioned starting wars though if it didn’t matter to you who starts the wars. It was your comment about us starting wars that I responded to. I think it clearly does matter to you “who started what”.
Now you are making comments about “taking the moral high ground”.
Are you also implying America doesn’t take the high ground? Even when we engage in wars thrust upon us? Are we wrong to respond with force against dictators attacking our friends when talking and reason doesn’t work? Or when we are attacked?
I agree we need to do what is right for our country. I also believe we did just that when we stepped up to help the Kuwaitis. I believe defending our allies and trading partners is the right to do for our country.
I also think protecting our economic interests is the right thing to do for our country. Don’t fool yourself, every country tries to take care of their economic interests, not just us. Imo we actually do so with a more even hand than most would given our strength.
January 14, 2010 at 2:10 PM #502351felixParticipantDo we make mistakes? Of course.
Do we spend too much on our military? Probably.
Could some be better spent? Of course.
I agree with you there.
I wonder why you mentioned starting wars though if it didn’t matter to you who starts the wars. It was your comment about us starting wars that I responded to. I think it clearly does matter to you “who started what”.
Now you are making comments about “taking the moral high ground”.
Are you also implying America doesn’t take the high ground? Even when we engage in wars thrust upon us? Are we wrong to respond with force against dictators attacking our friends when talking and reason doesn’t work? Or when we are attacked?
I agree we need to do what is right for our country. I also believe we did just that when we stepped up to help the Kuwaitis. I believe defending our allies and trading partners is the right to do for our country.
I also think protecting our economic interests is the right thing to do for our country. Don’t fool yourself, every country tries to take care of their economic interests, not just us. Imo we actually do so with a more even hand than most would given our strength.
January 14, 2010 at 2:10 PM #502752felixParticipantDo we make mistakes? Of course.
Do we spend too much on our military? Probably.
Could some be better spent? Of course.
I agree with you there.
I wonder why you mentioned starting wars though if it didn’t matter to you who starts the wars. It was your comment about us starting wars that I responded to. I think it clearly does matter to you “who started what”.
Now you are making comments about “taking the moral high ground”.
Are you also implying America doesn’t take the high ground? Even when we engage in wars thrust upon us? Are we wrong to respond with force against dictators attacking our friends when talking and reason doesn’t work? Or when we are attacked?
I agree we need to do what is right for our country. I also believe we did just that when we stepped up to help the Kuwaitis. I believe defending our allies and trading partners is the right to do for our country.
I also think protecting our economic interests is the right thing to do for our country. Don’t fool yourself, every country tries to take care of their economic interests, not just us. Imo we actually do so with a more even hand than most would given our strength.
January 14, 2010 at 2:10 PM #502845felixParticipantDo we make mistakes? Of course.
Do we spend too much on our military? Probably.
Could some be better spent? Of course.
I agree with you there.
I wonder why you mentioned starting wars though if it didn’t matter to you who starts the wars. It was your comment about us starting wars that I responded to. I think it clearly does matter to you “who started what”.
Now you are making comments about “taking the moral high ground”.
Are you also implying America doesn’t take the high ground? Even when we engage in wars thrust upon us? Are we wrong to respond with force against dictators attacking our friends when talking and reason doesn’t work? Or when we are attacked?
I agree we need to do what is right for our country. I also believe we did just that when we stepped up to help the Kuwaitis. I believe defending our allies and trading partners is the right to do for our country.
I also think protecting our economic interests is the right thing to do for our country. Don’t fool yourself, every country tries to take care of their economic interests, not just us. Imo we actually do so with a more even hand than most would given our strength.
January 14, 2010 at 2:10 PM #503097felixParticipantDo we make mistakes? Of course.
Do we spend too much on our military? Probably.
Could some be better spent? Of course.
I agree with you there.
I wonder why you mentioned starting wars though if it didn’t matter to you who starts the wars. It was your comment about us starting wars that I responded to. I think it clearly does matter to you “who started what”.
Now you are making comments about “taking the moral high ground”.
Are you also implying America doesn’t take the high ground? Even when we engage in wars thrust upon us? Are we wrong to respond with force against dictators attacking our friends when talking and reason doesn’t work? Or when we are attacked?
I agree we need to do what is right for our country. I also believe we did just that when we stepped up to help the Kuwaitis. I believe defending our allies and trading partners is the right to do for our country.
I also think protecting our economic interests is the right thing to do for our country. Don’t fool yourself, every country tries to take care of their economic interests, not just us. Imo we actually do so with a more even hand than most would given our strength.
January 14, 2010 at 9:13 PM #502227JACKQLYNParticipantI am optimistic about the overall condition.
However, the government reminds me of an Escondido hooker walking Mission and Centre City Pkwy…
“Come on, I’ll fix all your problems honey. Me love you long time if you just give your paycheck”.
January 14, 2010 at 9:13 PM #502376JACKQLYNParticipantI am optimistic about the overall condition.
However, the government reminds me of an Escondido hooker walking Mission and Centre City Pkwy…
“Come on, I’ll fix all your problems honey. Me love you long time if you just give your paycheck”.
January 14, 2010 at 9:13 PM #502777JACKQLYNParticipantI am optimistic about the overall condition.
However, the government reminds me of an Escondido hooker walking Mission and Centre City Pkwy…
“Come on, I’ll fix all your problems honey. Me love you long time if you just give your paycheck”.
January 14, 2010 at 9:13 PM #502870JACKQLYNParticipantI am optimistic about the overall condition.
However, the government reminds me of an Escondido hooker walking Mission and Centre City Pkwy…
“Come on, I’ll fix all your problems honey. Me love you long time if you just give your paycheck”.
January 14, 2010 at 9:13 PM #503122JACKQLYNParticipantI am optimistic about the overall condition.
However, the government reminds me of an Escondido hooker walking Mission and Centre City Pkwy…
“Come on, I’ll fix all your problems honey. Me love you long time if you just give your paycheck”.
January 14, 2010 at 9:26 PM #502233ArrayaParticipant[quote=felix]I’m not sure what is the point of your reply.
Again we didn’t choose this war. Saddam did.[/quote]
The point is simple.
You wanna argue Saddam was an asshole who did not get along with his neighbors. Sure, no problem. Then again, we hired him to not get along with some neighbors. But that is another story.
I guess you could say he chose the war because he was defiant, but if you think it has to do with his ability to a) deliver a WMD to cause harm to the US or b) cause 9/11-style attacks you are out of your mind. However, that was the sell point to the public. Which was bullshit. He was so weakened after the clinton sanctions he could barely keep the lights on in his country.
WMDs, terrorism and all that nonsense was kind of a “watch the birdie” type distraction to a pre-planed ME domination plan written in the 90s. If he would have played ball with the big boyz he could have been sitting pretty right now. Living like the Saudi Kings.
Now, to bring this point around to the thread topic, because it is inexorably linked to the future of the US and the world economy for that matter.
It’s Iraq’s oil reserves. Saddam’s biggest threat was not being about to pump oil out of the ground fast enough. Oil growth and economic growth have about a 98% correlation. By 2005 all world oil production stalled until the july 2008 price spike the led to the banking crash. Then demand plummeted. The main reason for the price spike was that demand was outstripping supply.
Since no other region could increase production and many are declining, Iraq is the most important place in the world for the global economy because of it’s ability to increase production.
Now, back up a minute and take a look at the western world. About 1/4 of the counties in europe are on the brink of default and the US’s debt addiction is not getting any better. Really, we need rehab, which will come at some point in a most painful way.
But back to the oil. The tremendous debt overhang of the entire western world is all predicated on “growth” to pay back.
Given, that oil growth and economic growth go hand and hand, you better believe what those oil engineers are doing is about the most important thing in the world and 100% linked to the future of the country.
January 14, 2010 at 9:26 PM #502381ArrayaParticipant[quote=felix]I’m not sure what is the point of your reply.
Again we didn’t choose this war. Saddam did.[/quote]
The point is simple.
You wanna argue Saddam was an asshole who did not get along with his neighbors. Sure, no problem. Then again, we hired him to not get along with some neighbors. But that is another story.
I guess you could say he chose the war because he was defiant, but if you think it has to do with his ability to a) deliver a WMD to cause harm to the US or b) cause 9/11-style attacks you are out of your mind. However, that was the sell point to the public. Which was bullshit. He was so weakened after the clinton sanctions he could barely keep the lights on in his country.
WMDs, terrorism and all that nonsense was kind of a “watch the birdie” type distraction to a pre-planed ME domination plan written in the 90s. If he would have played ball with the big boyz he could have been sitting pretty right now. Living like the Saudi Kings.
Now, to bring this point around to the thread topic, because it is inexorably linked to the future of the US and the world economy for that matter.
It’s Iraq’s oil reserves. Saddam’s biggest threat was not being about to pump oil out of the ground fast enough. Oil growth and economic growth have about a 98% correlation. By 2005 all world oil production stalled until the july 2008 price spike the led to the banking crash. Then demand plummeted. The main reason for the price spike was that demand was outstripping supply.
Since no other region could increase production and many are declining, Iraq is the most important place in the world for the global economy because of it’s ability to increase production.
Now, back up a minute and take a look at the western world. About 1/4 of the counties in europe are on the brink of default and the US’s debt addiction is not getting any better. Really, we need rehab, which will come at some point in a most painful way.
But back to the oil. The tremendous debt overhang of the entire western world is all predicated on “growth” to pay back.
Given, that oil growth and economic growth go hand and hand, you better believe what those oil engineers are doing is about the most important thing in the world and 100% linked to the future of the country.
January 14, 2010 at 9:26 PM #502782ArrayaParticipant[quote=felix]I’m not sure what is the point of your reply.
Again we didn’t choose this war. Saddam did.[/quote]
The point is simple.
You wanna argue Saddam was an asshole who did not get along with his neighbors. Sure, no problem. Then again, we hired him to not get along with some neighbors. But that is another story.
I guess you could say he chose the war because he was defiant, but if you think it has to do with his ability to a) deliver a WMD to cause harm to the US or b) cause 9/11-style attacks you are out of your mind. However, that was the sell point to the public. Which was bullshit. He was so weakened after the clinton sanctions he could barely keep the lights on in his country.
WMDs, terrorism and all that nonsense was kind of a “watch the birdie” type distraction to a pre-planed ME domination plan written in the 90s. If he would have played ball with the big boyz he could have been sitting pretty right now. Living like the Saudi Kings.
Now, to bring this point around to the thread topic, because it is inexorably linked to the future of the US and the world economy for that matter.
It’s Iraq’s oil reserves. Saddam’s biggest threat was not being about to pump oil out of the ground fast enough. Oil growth and economic growth have about a 98% correlation. By 2005 all world oil production stalled until the july 2008 price spike the led to the banking crash. Then demand plummeted. The main reason for the price spike was that demand was outstripping supply.
Since no other region could increase production and many are declining, Iraq is the most important place in the world for the global economy because of it’s ability to increase production.
Now, back up a minute and take a look at the western world. About 1/4 of the counties in europe are on the brink of default and the US’s debt addiction is not getting any better. Really, we need rehab, which will come at some point in a most painful way.
But back to the oil. The tremendous debt overhang of the entire western world is all predicated on “growth” to pay back.
Given, that oil growth and economic growth go hand and hand, you better believe what those oil engineers are doing is about the most important thing in the world and 100% linked to the future of the country.
January 14, 2010 at 9:26 PM #502875ArrayaParticipant[quote=felix]I’m not sure what is the point of your reply.
Again we didn’t choose this war. Saddam did.[/quote]
The point is simple.
You wanna argue Saddam was an asshole who did not get along with his neighbors. Sure, no problem. Then again, we hired him to not get along with some neighbors. But that is another story.
I guess you could say he chose the war because he was defiant, but if you think it has to do with his ability to a) deliver a WMD to cause harm to the US or b) cause 9/11-style attacks you are out of your mind. However, that was the sell point to the public. Which was bullshit. He was so weakened after the clinton sanctions he could barely keep the lights on in his country.
WMDs, terrorism and all that nonsense was kind of a “watch the birdie” type distraction to a pre-planed ME domination plan written in the 90s. If he would have played ball with the big boyz he could have been sitting pretty right now. Living like the Saudi Kings.
Now, to bring this point around to the thread topic, because it is inexorably linked to the future of the US and the world economy for that matter.
It’s Iraq’s oil reserves. Saddam’s biggest threat was not being about to pump oil out of the ground fast enough. Oil growth and economic growth have about a 98% correlation. By 2005 all world oil production stalled until the july 2008 price spike the led to the banking crash. Then demand plummeted. The main reason for the price spike was that demand was outstripping supply.
Since no other region could increase production and many are declining, Iraq is the most important place in the world for the global economy because of it’s ability to increase production.
Now, back up a minute and take a look at the western world. About 1/4 of the counties in europe are on the brink of default and the US’s debt addiction is not getting any better. Really, we need rehab, which will come at some point in a most painful way.
But back to the oil. The tremendous debt overhang of the entire western world is all predicated on “growth” to pay back.
Given, that oil growth and economic growth go hand and hand, you better believe what those oil engineers are doing is about the most important thing in the world and 100% linked to the future of the country.
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