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Old 07-09-2011, 11:02 AM   #1
SandEagle
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Default CIA factbook: USA worst economy in the world!

https://www.cia.gov/library/publicat.../2187rank.html



even Nigeria is faring off better than us
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Old 07-09-2011, 11:04 AM   #2
MomentsofSanity
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I can believe it. Nigeria appears to have an abundance of princes. Every time I open my email another one pops up.
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Old 07-09-2011, 11:11 AM   #3
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well since weed runs about $100 an ounce for regular, yeah i believe it. thats close to an infinite markup, and people still say they dont make shit for profit on it.

in the last ten years, everything has doubled in cost while our wages have actually gone down. we have become slaves, and im tired of it. $675 in CO PAYS alone for my last couple doctor visits!! just ridiculous. it shouldnt cost $8k to run simple tests only to conclude the same exact things as they did 8 years ago.

i really hate this economy. its been like 6 years of absolute shit now. its a living nightmare.
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Old 07-09-2011, 11:15 AM   #4
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actually, that is a scary chart! just look at how much the US stands out on the bottom. going by this, we are absolutely fucked.

129 El Salvador
$ -907,000,000
2010 est.
130 Cambodia
$ -918,000,000
2010 est.
131 Mauritius
$ -949,000,000
2010 est.
132 Jordan
$ -975,000,000
2010 est.
133 Mozambique
$ -1,028,000,000
2010 est.
134 Serbia
$ -1,046,000,000
2010 est.
135 Senegal
$ -1,046,000,000
2010 est.
136 Honduras
$ -1,048,000,000
2010 est.
137 Montenegro
$ -1,102,000,000
2007 est.
138 Belgium
$ -1,129,000,000
2010 est.
139 Armenia
$ -1,138,000,000
2010 est.
140 Bosnia and Herzegovina
$ -1,175,000,000
2010 est.
141 Albania
$ -1,245,000,000
2010 est.
142 Guatemala
$ -1,345,000,000
2010 est.
143 Costa Rica
$ -1,349,000,000
2010 est.
144 Jamaica
$ -1,382,000,000
2010 est.
145 Tunisia
$ -1,389,000,000
2010 est.
146 Georgia
$ -1,404,000,000
2010 est.
147 Kenya
$ -1,414,000,000
2010 est.
148 Congo, Democratic Republic of the
$ -1,470,000,000
2010 est.
149 Equatorial Guinea
$ -1,477,000,000
2010 est.
150 Zimbabwe
$ -1,503,000,000
2010 est.
151 Tanzania
$ -1,523,000,000
2010 est.
152 Sri Lanka
$ -1,784,000,000
2010 est.
153 Ghana
$ -1,871,000,000
2010 est.
154 Slovakia
$ -1,930,000,000
2010 est.
155 Hungary
$ -2,128,000,000
2010 est.
156 Yemen
$ -2,181,000,000
2010 est.
157 Ethiopia
$ -2,232,000,000
2010 est.
158 Croatia
$ -2,312,000,000
2010 est.
159 Peru
$ -2,315,000,000
2010 est.
160 Afghanistan
$ -2,475,000,000
2009 est.
161 Cyprus
$ -2,500,000,000
2010 est.
162 Panama
$ -2,523,000,000
2010 est.
163 Sudan
$ -2,595,000,000
2010 est.
164 Chad
$ -2,600,000,000
2010 est.
165 Pakistan
$ -2,641,000,000
2010 est.
166 Kosovo
$ -2,716,000,000
2010 est.
167 Ireland
$ -3,191,000,000
2010 est.
168 Dominican Republic
$ -3,862,000,000
2010 est.
169 New Zealand
$ -4,504,000,000
2010 est.
170 Belarus
$ -5,062,000,000
2010 est.
171 Colombia
$ -5,946,000,000
2010 est.
172 Czech Republic
$ -5,956,000,000
2010 est.
173 Lebanon
$ -6,972,000,000
2010 est.
174 Mexico
$ -7,000,000,000
2010 est.
175 Morocco
$ -7,922,000,000
2010 est.
176 Romania
$ -7,934,000,000
2010 est.
177 Vietnam
$ -12,220,000,000
2010 est.
178 Poland
$ -12,330,000,000
2010 est.
179 South Africa
$ -16,510,000,000
2010 est.
180 Greece
$ -17,100,000,000
2010 est.
181 Portugal
$ -19,030,000,000
2010 est.
182 India
$ -26,910,000,000
2010 est.
183 Australia
$ -35,230,000,000
2010 est.
184 Turkey
$ -38,820,000,000
2010 est.
185 Canada
$ -40,210,000,000
2010 est.
186 United Kingdom
$ -40,340,000,000
2010 est.
187 Brazil
$ -52,730,000,000
2010 est.
188 France
$ -53,290,000,000
2010 est.
189 Italy
$ -61,980,000,000
2010 est.
190 Spain
$ -66,740,000,000
2010 est.
191 United States
$ -561,000,000,000
2010 est.
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Old 07-09-2011, 11:20 AM   #5
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lol. only if account balance was an end-all economic indicator.
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Old 07-09-2011, 11:21 AM   #6
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'Deficits don't matter'

- The guy the Republicans put in as VP/'sort of the real President'

Who dd he say this to? The Treasury Secretary, who was concerned about deficits.

He added, "We won the midterms (congressional elections). This is our due."

To quote, "a month later, Cheney told the Treasury secretary he was fired."
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Old 07-09-2011, 11:33 AM   #7
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lol. only if account balance was an end-all economic indicator.
No kidding. This is trade balance. It's not good to be at either end. You want to be right around 0.
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Old 07-09-2011, 11:56 AM   #8
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lol. only if account balance was an end-all economic indicator.
Correct. But the ignorant need something to whine about. Trying to understand the numbers would be too much work or be beyond their mental capacity.
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Old 07-09-2011, 12:20 PM   #9
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How to fix?

How much of that figure is due to interest payments on our debt?
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Old 07-09-2011, 12:23 PM   #10
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Holy shit you guys are $500,000,000,000 or so below second place.
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Old 07-09-2011, 12:27 PM   #11
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Well that settles it guys, lets all move to the Democratic Republic of the Congo! I hear their economy is way better than ours.

Not only is this a dumb comparison, period, but it doesn't even take into account the deficit as a percentage of GDP. There are a number of countries with greater deficits as compared to their GDP.
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Old 07-09-2011, 12:30 PM   #12
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No kidding. This is trade balance. It's not good to be at either end. You want to be right around 0.
Heh. Countries at the top end are *showing a profit* at the national level, so they can maintain things like social safety nets, infrastructure, real growth if they so desire.

It's also very, very easy for them to trim their balances downward, because they're not hostage to the whims of international bankers & capitalists.

The US? We're being systematically looted by our own financial elite, and we're too dumb, too caught up in right wing fantasy & rhetoric to do anything about it. It's a race to the bottom, and we're winning.

No job? No raise if you have one? Underwater on the mortgage? Price of everything wearing you down? What you need is... Austerity! Yep. Cutting federal spending to the bone, putting more people out of work, is just the ticket for what ails you. The confidence fairy will come & keep the bogeyman bond vigilantes at bay, so that the Job Creators! can do their thing with deregulated banking in the free market world economy! Free trade, too! If it's Free! it's gotta be good, right?

You've always wanted to cast aside all your worldly possessions to better follow Jesus, and American Capitalists are just helping you out, showing you the way, the light at the end of the tunnel...
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Old 07-09-2011, 01:48 PM   #13
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Quote:
Originally Posted by Capt Caveman View Post
Correct. But the ignorant need something to whine about. Trying to understand the numbers would be too much work or be beyond their mental capacity.
studies have shown that people who don't know anything about a subject try to make it look like they know about said subject by making blanket statements that generalize and try to belittle the other party, i.e., "the ignorant".

study isn't scientific since it was conducted by me and you as the the test subject. error +/- .0005%
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Old 07-09-2011, 02:05 PM   #14
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Originally Posted by Jhhnn View Post
The US? We're being systematically looted by our own financial elite, and we're too dumb, too caught up in left and right wing fantasy & rhetoric to do anything about it. It's a race to the bottom, and we're winning.
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Old 07-09-2011, 04:57 PM   #15
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Quote:
Originally Posted by Jhhnn View Post
Heh. Countries at the top end are *showing a profit* at the national level, so they can maintain things like social safety nets, infrastructure, real growth if they so desire.

It's also very, very easy for them to trim their balances downward, because they're not hostage to the whims of international bankers & capitalists.

The US? We're being systematically looted by our own financial elite, and we're too dumb, too caught up in right wing fantasy & rhetoric to do anything about it. It's a race to the bottom, and we're winning.

No job? No raise if you have one? Underwater on the mortgage? Price of everything wearing you down? What you need is... Austerity! Yep. Cutting federal spending to the bone, putting more people out of work, is just the ticket for what ails you. The confidence fairy will come & keep the bogeyman bond vigilantes at bay, so that the Job Creators! can do their thing with deregulated banking in the free market world economy! Free trade, too! If it's Free! it's gotta be good, right?

You've always wanted to cast aside all your worldly possessions to better follow Jesus, and American Capitalists are just helping you out, showing you the way, the light at the end of the tunnel...
This isn't a reflection of government spending at all. It's exports - imports.

If you are like China, you are producing way too much. Pollution is high, your population is overworked, and you aren't enjoying the fruits of your labour.

I agree, it's better to be at the top than at the bottom, but it's best to be right around neutral.
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Old 07-09-2011, 09:00 PM   #16
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studies have shown that people who don't know anything about a subject try to make it look like they know about said subject by making blanket statements that generalize and try to belittle the other party, i.e., "the ignorant".

study isn't scientific since it was conducted by me and you as the the test subject. error +/- .0005%
It's not a study, it's a statistic. You're threads show a consistent ignorance. Please find me a definition for the statistic that you've posted to demontrate that it indicates that the USA is the worst economy in the world.

Have you ever taken an economics class or understand macro-economics at all? It's a big no to either. You are either trolling, retarded or a retarded troll.
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Old 07-09-2011, 09:05 PM   #17
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Hasn't Japan been in a recession for the past 2 decades?

It also has the highest debt to GDP in the world.
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Old 07-09-2011, 09:25 PM   #18
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Hasn't Japan been in a recession for the past 2 decades?

It also has the highest debt to GDP in the world.
Not a recession, but rather a listless period of slow growth following their own housing boom & bust in the 90's.

It's been pretty poorly understood by the American public, but not by our financial sector, who apparently used it as a template for our "Ownership Society"...

Debt/GDP ratio for Japan is misleading, because their strong positive balance of trade means they can afford to maintain debt, not to mention that they hold enormous reserves in other nation's debt, like our own, all at the same time. Their own governmental debt is entirely internal, as well.
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Old 07-09-2011, 10:45 PM   #19
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It's not a study, it's a statistic. You're threads show a consistent ignorance. Please find me a definition for the statistic that you've posted to demontrate that it indicates that the USA is the worst economy in the world.

Have you ever taken an economics class or understand macro-economics at all? It's a big no to either. You are either trolling, retarded or a retarded troll.
i see. since you cannot back up your claims, you resort to the typical name-calling to silence me. typical caveman behavior. but alas, it is the CIA that published those stats, not me. if you have a problem with the numbers, take it up with them.

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Old 07-09-2011, 10:46 PM   #20
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Originally Posted by SandEagle View Post
i see. since you cannot back up your claims, you resort to the typical name-calling to silence me. typical caveman behavior. but alas, it is the CIA that published those stats, not me. if you have a problem with the numbers, take it up with them.

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Do you understand that you can't use a country's trade balance to determine which one has the better economy?
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Old 07-09-2011, 11:44 PM   #21
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Quote:
Originally Posted by SandEagle View Post
i see. since you cannot back up your claims, you resort to the typical name-calling to silence me. typical caveman behavior. but alas, it is the CIA that published those stats, not me. if you have a problem with the numbers, take it up with them.

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It isn't a matter of who published what, it's a matter of your absolute, complete and utter failure to comprehend what it means in a given context.
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Old 07-10-2011, 01:14 AM   #22
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It isn't a matter of who published what, it's a matter of your absolute, complete and utter failure to comprehend what it means in a given context.
+2
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Old 07-10-2011, 07:00 AM   #23
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Millions of Americans have helped the Nigerian prince transfer money and that why the country is rich now.
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Old 07-10-2011, 07:04 AM   #24
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here's an idea, lets start a war with China, when they back fight, we quickly surrender and let them take over US of A, and THEN, ladies and g'men, China will become the poorest nation
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Old 07-10-2011, 12:56 PM   #25
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here's an idea, lets start a war with China, when they back fight, we quickly surrender and let them take over US of A, and THEN, ladies and g'men, China will become the poorest nation
Better Idea
http://www.youtube.com/watch?v=TRgRz3nSG7o
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