Wow....just wow! ....seriously dejawolf, it sounds like you have a problem with US the way you are posting!
Yeah the US is in a crapload of debt, but really if our economy crashes completely allot of other countries will be effected as well...better hope it does not happen.
Option #1,
Everything will stay as it is, and the US with its social hated of intelligence will cause complete stagnation moving all the money out of the country until its dropped into 3rd world status.
Option #3,
The US monetary system completely crashes to the point that it has no value and takes with it every other monetary system. This leads to a new system of money that has no borders, moving us closer to a type 1 civ.
This is not something to debate in a forum like this, imho.
As long as it doesn't explode into flamewar, it's always interesting to hear people's opinions.
I work in the financial sector and have seen the walls of the house of cards come tumbling down from the inside.
Funny how people can dismiss the estimated quadrillion derivative bubble floating around still and genuinely believe the real crisis was about the mortgage backed securities.
Here I write satiric comedy gold and half of polycount is clueless.
If it makes you feel any better, I laughed. ArYeS is probably just an American in disguise, because we all know us Europeans are very clever and intelligent, each and every one of us. It's just that those damn Americans keep trying to screw us over with their McDonald's, their crime, their Iraqs and now their economic crises. America is like a 3-meter tall nuclear armed baby on steroids that Europe has to babysit.
I must say I only got it after you said Einstein was an american hero. I feel silly now.
(and also: there are actually people who say stupid stuff like that for real so that's why getting that you're joking is harder see [ame="http://www.youtube.com/watch?v=fJuNgBkloFE"]Americans are NOT stupid[/ame])
When you set out to find idiots, regardless of the country, you'll find them.
A camera in the face drops peoples IQ by 20 points. "OMG I'm on tv! I'm totally wearing the wrong outfit... I didn't brush my teeth after I ate that sticky bun and spinach, that camera guy keeps making eyes at me"
Three things you didn't hear:
- Now when I say "who was the 1st president of the United States read this: "I honestly do think monkeys live on the moon, they're Russian monkeys but they're there".
- "Now place the pin in Australia, look I know it says Iran and that's not where it is but can you just do it?"
- Cut! This guy got the answer right... damn it. Find me another one.
They also show them a euro centered map and mix up the names of the countries, yea that's not going to throw anyone off...
oh my point wasn't to say that americans are stupid vig . It's quite obvious you can find stupid people everywhere you look (especially with a camera). But in reality you (or at least I) don't really encounter people like that .
Oh a video from a satirical News company...superb source! Of course, they're gonna use the dumbest answers they can find, regardless of how sarcastic a few of them may be.
Anyway, I know the US economy is shitty and what not, but is this thread for real?
You actually are low-balling our debt by a lot.
our debt, as a country, is 56,000,000,000,000 (56 trillion)
But that is money we owe to both other countries and ourselves through medicare, medicaid, welfare, and all those "New Deal" things we really need to dump.
Its worth less than monopoly money
Also, we came off of the SILVER standard 30 years or so ago (with Nixon)
But we have been off of the Gold Standard (Officially) since FDR.
FDR screwed us all. He gave us the New Deal, and took away our Gold Standard.... ergh...
oh my point wasn't to say that americans are stupid vig . It's quite obvious you can find stupid people everywhere you look (especially with a camera). But in reality you (or at least I) don't really encounter people like that .
Ha yea, I don't encounter people like that. You did a great social experiment yourself but I bet we could edit your trip any way we needed to prove whatever point we needed and you didn't even have a hidden agenda, heh.
As for who's to blame for the national debt I'm not so sure we need to continue the 8 year tradition of writing the pentagon a blank check. It's funny before we started two wars we almost had the national debt paid down...
I understand the dire circumstances that the US economy is in, however feel no need to list said circumstances as a good deal of them have already been stated, but is this thread topic legitimately about the concern for the US economy?
And this isn't sarcasm, this is essentially what I was saying.
If it makes you feel any better, I laughed. ArYeS is probably just an American in disguise, because we all know us Europeans are very clever and intelligent, each and every one of us. It's just that those damn Americans keep trying to screw us over with their McDonald's, their crime, their Iraqs and now their economic crises. America is like a 3-meter tall nuclear armed baby on steroids that Europe has to babysit.
But we have been off of the Gold Standard (Officially) since FDR.
FDR screwed us all. He gave us the New Deal, and took away our Gold Standard.... ergh...
Want to know how many countries get by without a gold standard?
Excuse my ignorance, I am but a stupid Swede. But what is this gold and silver standard you are talking about?
emergency storage to keep the economy rolling during a crisis. gold and silver will retain its value regardless of how the currency swings. it also keeps your money from becoming completely worthless.
The world economy could never return to the gold standard as it was, due simply to the lack of gold.
There just isnt enough gold to sustain the world economy at current prices and to revert back to the system, gold would have to massively increase in price.
Even by raising the price of gold to $3000 per ounce, it would barely cover the amount of currency in the USA alone (in circulation or deposited in banks etc.)
Its also worth noting that it costs around 2.5% GDP to actually maintain a full gold standard, which today would be around $357 Billion for the USA.
Replies
Make art... do 3d, play, but don't fight with others if you are bored U.U'
By the way,
It's True, and it can't be helped.
And as example, our economy is quite bad now, and our unemployment rate is around 20%. If USA sneezes, we catch an illness here...
This is not something to debate in a forum like this, imho.
Yeah the US is in a crapload of debt, but really if our economy crashes completely allot of other countries will be effected as well...better hope it does not happen.
Option #1,
Everything will stay as it is, and the US with its social hated of intelligence will cause complete stagnation moving all the money out of the country until its dropped into 3rd world status.
Option #2,
WW3
Option #3,
The US monetary system completely crashes to the point that it has no value and takes with it every other monetary system. This leads to a new system of money that has no borders, moving us closer to a type 1 civ.
http://193.108.42.168/index.php?ID=10
lookin' up for norway!
As long as it doesn't explode into flamewar, it's always interesting to hear people's opinions.
I work in the financial sector and have seen the walls of the house of cards come tumbling down from the inside.
Funny how people can dismiss the estimated quadrillion derivative bubble floating around still and genuinely believe the real crisis was about the mortgage backed securities.
Or Sweden.
GO KOREA!!!!
RESET BUTTON FTW!!!
Lets set everything back to Zero and see who's on top then. Def. not gonna be me lol
(and also: there are actually people who say stupid stuff like that for real so that's why getting that you're joking is harder see [ame="
A camera in the face drops peoples IQ by 20 points. "OMG I'm on tv! I'm totally wearing the wrong outfit... I didn't brush my teeth after I ate that sticky bun and spinach, that camera guy keeps making eyes at me"
Three things you didn't hear:
- Now when I say "who was the 1st president of the United States read this: "I honestly do think monkeys live on the moon, they're Russian monkeys but they're there".
- "Now place the pin in Australia, look I know it says Iran and that's not where it is but can you just do it?"
- Cut! This guy got the answer right... damn it. Find me another one.
They also show them a euro centered map and mix up the names of the countries, yea that's not going to throw anyone off...
I agree with Vig, if you look for idiots, you will find them anywhere.
Anyway, I know the US economy is shitty and what not, but is this thread for real?
our debt, as a country, is 56,000,000,000,000 (56 trillion)
But that is money we owe to both other countries and ourselves through medicare, medicaid, welfare, and all those "New Deal" things we really need to dump.
Its worth less than monopoly money
Also, we came off of the SILVER standard 30 years or so ago (with Nixon)
But we have been off of the Gold Standard (Officially) since FDR.
FDR screwed us all. He gave us the New Deal, and took away our Gold Standard.... ergh...
As for who's to blame for the national debt I'm not so sure we need to continue the 8 year tradition of writing the pentagon a blank check. It's funny before we started two wars we almost had the national debt paid down...
Might want to look closer at where the money is going now rather than listen to a tar and feather rewrite of history, on someone who's not around to defend his actions.
http://fc08.deviantart.com/fs4/i/2004/217/a/2/Death_and_Taxes_____.jpg
I understand the dire circumstances that the US economy is in, however feel no need to list said circumstances as a good deal of them have already been stated, but is this thread topic legitimately about the concern for the US economy?
And this isn't sarcasm, this is essentially what I was saying.
yeah but we use deoderant
this was too easy to not make.
All of them.
That's commie irishmen talk
emergency storage to keep the economy rolling during a crisis. gold and silver will retain its value regardless of how the currency swings. it also keeps your money from becoming completely worthless.
There just isnt enough gold to sustain the world economy at current prices and to revert back to the system, gold would have to massively increase in price.
Even by raising the price of gold to $3000 per ounce, it would barely cover the amount of currency in the USA alone (in circulation or deposited in banks etc.)
Its also worth noting that it costs around 2.5% GDP to actually maintain a full gold standard, which today would be around $357 Billion for the USA.
Interesting stuff