OT: Countdown: Three Weeks to Chaos

[KSMountain]

I’ll bet people thought we were down for good during the depression, and the dust bowl, and during the early 80’s what with the Japanese were going to kick our ass, etc, etc, etc.

It was never permanent.

Economics is *cyclical* people. California had a budget surplus in the many billions as recently as 1999, do we really think that will *never* happen again?

Why is it “different this time”? Anytime I hear that implication, either on the way up or the way down, I immediately get *very* skeptical.

Even the soviet union, yes they had a multigenerational event, but it’s not like society there collapsed and they’re all cannibalizing each other. The average citizen has not had to stock up on gold and ammo there to get through their day as far as I can tell.

Now one thing I will say: I believe demographics is destiny. So countries like Japan, Russia, lots of W. European countries – they got major troubles coming their way.

India and China look very strong demographically, but actually, due to immigration (legal/illegal, a whole other topic) guess who else has a relatively large worker pool coming on line in the decades to come?: the U.S.

Think I’ll pour a glass of Cab and sleep soundly tonight.

[KSMountain]

Amazingly, this month’s Foreign Affairs has an article on *exactly* the topic we’ve been discussing here recently. That is (as I see it):

Are the U.S.’s best days behind it?
Will there be another global leader, and if so, whom?, etc.

This article discusses *exactly* those topics.
Here’s a snippet, but to get the whole thing you have to be a subscriber, buy it on the newsstand, or wait a month and then read it online.

http://www.foreignaffairs.com/articles/65239/josef-joffe/the-default-power

[KSMountain]

Amazingly, this month’s Foreign Affairs has an article on *exactly* the topic we’ve been discussing here recently. That is (as I see it):

Are the U.S.’s best days behind it?
Will there be another global leader, and if so, whom?, etc.

This article discusses *exactly* those topics.
Here’s a snippet, but to get the whole thing you have to be a subscriber, buy it on the newsstand, or wait a month and then read it online.

http://www.foreignaffairs.com/articles/65239/josef-joffe/the-default-power

[KSMountain]

Amazingly, this month’s Foreign Affairs has an article on *exactly* the topic we’ve been discussing here recently. That is (as I see it):

Are the U.S.’s best days behind it?
Will there be another global leader, and if so, whom?, etc.

This article discusses *exactly* those topics.
Here’s a snippet, but to get the whole thing you have to be a subscriber, buy it on the newsstand, or wait a month and then read it online.

http://www.foreignaffairs.com/articles/65239/josef-joffe/the-default-power

[KSMountain]

Amazingly, this month’s Foreign Affairs has an article on *exactly* the topic we’ve been discussing here recently. That is (as I see it):

Are the U.S.’s best days behind it?
Will there be another global leader, and if so, whom?, etc.

This article discusses *exactly* those topics.
Here’s a snippet, but to get the whole thing you have to be a subscriber, buy it on the newsstand, or wait a month and then read it online.

http://www.foreignaffairs.com/articles/65239/josef-joffe/the-default-power

[KSMountain]

Amazingly, this month’s Foreign Affairs has an article on *exactly* the topic we’ve been discussing here recently. That is (as I see it):

Are the U.S.’s best days behind it?
Will there be another global leader, and if so, whom?, etc.

This article discusses *exactly* those topics.
Here’s a snippet, but to get the whole thing you have to be a subscriber, buy it on the newsstand, or wait a month and then read it online.

http://www.foreignaffairs.com/articles/65239/josef-joffe/the-default-power

[KSMountain]

Hmm, actually you might be able to read it online for free if you register (I had the hardcopy).

[KSMountain]

Hmm, actually you might be able to read it online for free if you register (I had the hardcopy).

[KSMountain]

Hmm, actually you might be able to read it online for free if you register (I had the hardcopy).

[KSMountain]

Hmm, actually you might be able to read it online for free if you register (I had the hardcopy).

[KSMountain]

Hmm, actually you might be able to read it online for free if you register (I had the hardcopy).

[partypup]

[quote=SD Realtor]Thanks for that. So now try to answer my question. Who do you think will “carry the load”?

There is nothing that I am denying except your claim that in 3 weeks chaos will reign. Like you claimed a year ago.

I am not denying things are screwed and will get much worse. I am denying that you believe some other country will “carry the load”.

Americans don’t have a choice in taking the pain or not taking the pain. They will take whatever card is dealt. There is nothing at all I am clinging to. The country will change whether we like it or not. So I am not sure what you think I am clinging to.

You seemed to like to make a great speech out of my question without answering it at all. Please point out something, ANYTHING that I wrote where I am clinging to any nostalgia.

Go ahead, point it out.

Oh yeah and then try to answer my question.[/quote]

First: if you recall the last week of September and the first week of October of 2008, I think you must admit that chaos did reign as our elected leaders struggled to plug the gaping holes that suddenly appeared in the financial system: the Dow went from 11,421 to 8,579 in about a week. TARP was quickly pushed through because nearly one trillion dollars was flooding out of money market funds in one twenty-four (24) hour period.

And this is not chaos to you? Unless you’re accustomed to living in a third world country, SD, this is most certainly chaos in what had once been orderly and predictable financial markets.

Second: I did answer your question, but you did not answer mine. My answer to your question, to be perfectly clear, is as follows: I do not see any individual country that can assume the *load* that the U.S. has carried. And I don’t know if one will appear in the near future. And quite frankly, that doesn’t bother me in the least. Why? Because, as I poised in my question to you, the U.S. offers absolutely NOTHING to the rest of the world at this point. We are the *load*. So please tell me what role you see the U.S. currently fulfilling, and why you think it is important for some other country to assume that role?

[partypup]

[quote=SD Realtor]Thanks for that. So now try to answer my question. Who do you think will “carry the load”?

There is nothing that I am denying except your claim that in 3 weeks chaos will reign. Like you claimed a year ago.

I am not denying things are screwed and will get much worse. I am denying that you believe some other country will “carry the load”.

Americans don’t have a choice in taking the pain or not taking the pain. They will take whatever card is dealt. There is nothing at all I am clinging to. The country will change whether we like it or not. So I am not sure what you think I am clinging to.

You seemed to like to make a great speech out of my question without answering it at all. Please point out something, ANYTHING that I wrote where I am clinging to any nostalgia.

Go ahead, point it out.

Oh yeah and then try to answer my question.[/quote]

First: if you recall the last week of September and the first week of October of 2008, I think you must admit that chaos did reign as our elected leaders struggled to plug the gaping holes that suddenly appeared in the financial system: the Dow went from 11,421 to 8,579 in about a week. TARP was quickly pushed through because nearly one trillion dollars was flooding out of money market funds in one twenty-four (24) hour period.

And this is not chaos to you? Unless you’re accustomed to living in a third world country, SD, this is most certainly chaos in what had once been orderly and predictable financial markets.

Second: I did answer your question, but you did not answer mine. My answer to your question, to be perfectly clear, is as follows: I do not see any individual country that can assume the *load* that the U.S. has carried. And I don’t know if one will appear in the near future. And quite frankly, that doesn’t bother me in the least. Why? Because, as I poised in my question to you, the U.S. offers absolutely NOTHING to the rest of the world at this point. We are the *load*. So please tell me what role you see the U.S. currently fulfilling, and why you think it is important for some other country to assume that role?

[partypup]

[quote=SD Realtor]Thanks for that. So now try to answer my question. Who do you think will “carry the load”?

There is nothing that I am denying except your claim that in 3 weeks chaos will reign. Like you claimed a year ago.

I am not denying things are screwed and will get much worse. I am denying that you believe some other country will “carry the load”.

Americans don’t have a choice in taking the pain or not taking the pain. They will take whatever card is dealt. There is nothing at all I am clinging to. The country will change whether we like it or not. So I am not sure what you think I am clinging to.

You seemed to like to make a great speech out of my question without answering it at all. Please point out something, ANYTHING that I wrote where I am clinging to any nostalgia.

Go ahead, point it out.

Oh yeah and then try to answer my question.[/quote]

First: if you recall the last week of September and the first week of October of 2008, I think you must admit that chaos did reign as our elected leaders struggled to plug the gaping holes that suddenly appeared in the financial system: the Dow went from 11,421 to 8,579 in about a week. TARP was quickly pushed through because nearly one trillion dollars was flooding out of money market funds in one twenty-four (24) hour period.

And this is not chaos to you? Unless you’re accustomed to living in a third world country, SD, this is most certainly chaos in what had once been orderly and predictable financial markets.

Second: I did answer your question, but you did not answer mine. My answer to your question, to be perfectly clear, is as follows: I do not see any individual country that can assume the *load* that the U.S. has carried. And I don’t know if one will appear in the near future. And quite frankly, that doesn’t bother me in the least. Why? Because, as I poised in my question to you, the U.S. offers absolutely NOTHING to the rest of the world at this point. We are the *load*. So please tell me what role you see the U.S. currently fulfilling, and why you think it is important for some other country to assume that role?

[partypup]

[quote=SD Realtor]Thanks for that. So now try to answer my question. Who do you think will “carry the load”?

There is nothing that I am denying except your claim that in 3 weeks chaos will reign. Like you claimed a year ago.

I am not denying things are screwed and will get much worse. I am denying that you believe some other country will “carry the load”.

Americans don’t have a choice in taking the pain or not taking the pain. They will take whatever card is dealt. There is nothing at all I am clinging to. The country will change whether we like it or not. So I am not sure what you think I am clinging to.

You seemed to like to make a great speech out of my question without answering it at all. Please point out something, ANYTHING that I wrote where I am clinging to any nostalgia.

Go ahead, point it out.

Oh yeah and then try to answer my question.[/quote]

First: if you recall the last week of September and the first week of October of 2008, I think you must admit that chaos did reign as our elected leaders struggled to plug the gaping holes that suddenly appeared in the financial system: the Dow went from 11,421 to 8,579 in about a week. TARP was quickly pushed through because nearly one trillion dollars was flooding out of money market funds in one twenty-four (24) hour period.

And this is not chaos to you? Unless you’re accustomed to living in a third world country, SD, this is most certainly chaos in what had once been orderly and predictable financial markets.

Second: I did answer your question, but you did not answer mine. My answer to your question, to be perfectly clear, is as follows: I do not see any individual country that can assume the *load* that the U.S. has carried. And I don’t know if one will appear in the near future. And quite frankly, that doesn’t bother me in the least. Why? Because, as I poised in my question to you, the U.S. offers absolutely NOTHING to the rest of the world at this point. We are the *load*. So please tell me what role you see the U.S. currently fulfilling, and why you think it is important for some other country to assume that role?

[Author]

Posts