The "Great Collapse" of the USA

[JS80]

To politicians there's nothing to fix - when the money runs out, they just pay 70% of SS and they are at budget. Go read your latest SS statement.

 

[Gigantopithecus]

To politicians there's nothing to fix - when the money runs out, they just pay 70% of SS and they are at budget. Go read your latest SS statement.

This. It'll be entertaining watching how quickly priorities change in this country.

 

[LegendKiller]

What of it? This is all by design. You think these politicians are stupid and can't see what you see? They want us to live in a world closer to South America with an elite class and everyone else misery and destitution where they always stay on top and are above the law. All the steps, outsourcing, open borders, reducing income taxes, free trade, massive debt (payable to them) were just incremental boiling us like frogs to creating a dual class system in USA.

Must read book :
The Beijing Consensus: How China's Authoritarian Model Will Dominate the Twenty-First Century

China will fall, almost 70% of their GDP comes solely from construction. Construction of cities nobody lives in, nobody wants to live in, and nobody will live in.

 

[comptr6]

The US is speeding towards a cliff and we have an admitted socialist at the helm for the first time. Coincidence?

 

[LumbergTech]

The US is speeding towards a cliff and we have an admitted socialist at the helm for the first time. Coincidence?

doomsayers....so full of shit

you sound just like the idiotic liberal people you claim to despise...bitch and whine...the sky is falling..the sky is falling....everyone else but me is inept and you must listen to me blah blah blah

 

[JSt0rm]

No shit. Meanwhile I just booked myself SOLID for the next 4 months (like 3 days off if I'm lucky I'm talking weekends here).

 

[BoberFett]

No shit. Meanwhile I just booked myself SOLID for the next 4 months (like 3 days off if I'm lucky I'm talking weekends here).

I look forward to downloading your work for free.

After all, gotta take from those that have and give to those that don't, amirite?

 

[JSt0rm]

I look forward to downloading your work for free.

After all, gotta take from those that have and give to those that don't, amirite?

nothing I can do about that except lobby my government to limit your ability to use the internet. Show me the internet in the bill of rights.

 

[Engineer]

China will fall, almost 70% of their GDP comes solely from construction. Construction of cities nobody lives in, nobody wants to live in, and nobody will live in.

That may be true but 70% comes from construction...i.e. building stuff...while 70% of ours comes from consumer/government spending...i.e. buying stuff. I don't pretend to understand economics as it just makes my head hurt but when I see Gross Domestic Product, I think of making stuff, not buying it.

 

[LegendKiller]

That may be true but 70% comes from construction...i.e. building stuff...while 70% of ours comes from consumer/government spending...i.e. buying stuff. I don't pretend to understand economics as it just makes my head hurt but when I see Gross Domestic Product, I think of making stuff, not buying it.

Some dumb bitch and a bunch of fuckups in AK tried to build a single bridge to nowhere and were laughed at.

A bunch of egotistical old men build entire megaplexes in the middle of nowhere and nobody laughs at them because the old men would kill them.

Yeah, China's doing great.

 

[LegendKiller]

The US is speeding towards a cliff and we have an admitted socialist at the helm for the first time. Coincidence?

Listen twat for brains. This economy went in the shitter 10 years ago because some fuckwit from Texas decided to give his rich buddies a break and allow them to lever every bank in this country 3-4x as much as before.

Before you start blaming "socialists", you should try to put life in perspective.

 

[BoberFett]

nothing I can do about that except lobby my government to limit your ability to use the internet. Show me the internet in the bill of rights.

Capitalist pig. You sound like a greedy Republican.

 

[HeXen]

we will be owned and ran by china eventually. hail to your future leaders

 

[JSt0rm]

Capitalist pig. You sound like a greedy Republican.

I provide a service to my clients. Nothing more nothing less. The Buddhists believe one of our last lives on this earth will be in the servitude of others. Now I'm an atheist but I find wisdom in these words.

 

[LegendKiller]

we will be owned and ran by china eventually. hail to your future leaders

China won't even get close to "owning" us. The same shit was said about Japan 20+ years ago. Look at where that got them.

China's only hope is to keep the currency peg. We know that and are pointing a gun to their head through QE. If you stopped listening to the bullshit and thought about it you might realize that they can't win.

 

[wuliheron]

To politicians there's nothing to fix - when the money runs out, they just pay 70% of SS and they are at budget. Go read your latest SS statement.

Shhhh, nobody's supposed to know that.

First we need to bust the 2% of jobs that are unionized, sell all the good silverware to our friends, and create a few more low paying jobs to let people know we deserve their vote. Only after we tidy up the loose ends do we go for the kill with grandma and Tiny Tim or, God forbid, ("raising taxes").

 

[Zebo]

China will fall, almost 70% of their GDP comes solely from construction. Construction of cities nobody lives in, nobody wants to live in, and nobody will live in.

Whatever LK

They are producing things, building massive infrastructure, making deals all over in Africa and ME, have so much cash left over they can loan it back to us and buy our companies.


We are letting infrastructure go to crapper, just not enough money, our influence is waning in ME and Africa and SA, need so much cash to fund people w/o jobs we borrow it from china and sold the wonderful thinkpad brand to lenovo who cheapened it all up.

So obvious we need to get our shit together and whos on the up.

 

[Zebo]

The US is speeding towards a cliff and we have an admitted socialist at the helm for the first time. Coincidence?

You're such a tool. There is an infinitesimal difference between Bush and Obama it's not even funny. I call him BlackBush for that reason. (I think I was the first 21/2 years ago and now people are saying it too)

 

[LegendKiller]

Whatever LK

They are producing things, building massive infrastructure, making deals all over in Africa and ME, have so much cash left over they can loan it back to us and buy our companies.


We are letting infrastructure go to crapper, just not enough money, our influence is waning in ME and Africa and SA, need so much cash to fund people w/o jobs we borrow it from china and sold the wonderful thinkpad brand to lenovo who cheapened it all up.

So obvious we need to get our shit together and whos on the up.

They aren't building PRODUCTIVE things. If you opened your eyes for 5 fucking seconds rather than prattle on about stupid bullshit like you usually do, you'd realize that the mal-investment they are making is thousands of times worse than anything we've ever done. They are building whole goddamn cities that not a single person lives in, or will EVER live in. Look it up.

So what, they're buying shit, just as the Chinese did. Just wait till they are forced to unpeg their currency.

As far as their "infrastructure", their train is a pile of shit. Do you really want to be going 200mph on some chinese made piece of shit? Look up their train and fly ash.

They are polluting the hell out of their country, building shit they won't ever use, and you sit there lauding them? Really? You rip on our "socialist" politicians and think that some fucking uber-socialist suddenly has everything figured out and will always make the right decisions?

Really? You're telling me that somebody whose NEVER told they are wrong will not EVER do the wrong thing? China isn't some fucking miracle, they are a bunch of old men who think that they are infallible, the same way the Sovs were.

Bernanke has taken a 357 and put it to their head. If they want to keep playing Russian Roulette, they can go right ahead. However, they know the consequence, they get overthrown and the command economy, full of malinvestment, dies.

Also, look up what they did to their banks about 10 years ago. That's right, pass-the-trash SPVs to offload all of the shit investments they made before.

IBM isn't hurting.

 

[JS80]

I don't get why people have such a hard on for China. They will perpetually be behind because they don't produce any IP. All they do is make shit we tell them to. If they start frontin' we can move on to the next 3rd world country waiting to work. China knows this, that's why they keep their currency artificially cheap to crowd out competitors.

 

[Craig234]

we will be owned and ran by china eventually. hail to your future leaders

That's not the danger at all.

The danger is in our own rich class using China to drag down our workers' incomes.

 

[TastesLikeChicken]

Blah, blah, blah. People seem to love the aphorism "Those who cannot remember the past are doomed to repeat it." Maybe they should take their own advice? People have been predicting the downfall of the US economy for decades and have continually failed in the process. Yet here we are again with another dire prediction.

The US will fall eventually. That day is not today or anytime in the near future though. The doomsayers need to get over themselves.

 

[Fenixgoon]

Reality is this country is booming. I expect gdp will reach 6% next year.

GDP is a measure of absolute wealth, but it doesn't tell you anything about how it's distributed. our GDP could be sky high, but if the top X% own the majority of the wealth, then life really isn't all that great for the majority of the country.

 

[bfdd]

look who cares about the collapse as long as we can all agree that the next time around we do away with the stupid sodomy laws

 

[Generator]

I think its to late pull us from the whatever the collapse may entail. The engorged wealthy have pretty much given up on America. When things get really bad the rotten plebes of this country will beg the wealth lords to stay and govern them. I suppose some will show pity and will craft new American cities to their liking. I mean why not everything will be up for privatization. Like China, America itself will become a game of Civilization where tycoons will build kingdoms around themselves.

What we all know for sure is that our government is up for sale and impotent of leadership. Take Obama for example, basically every move he makes is one of deferment. I suppose I don't blame him, why should the one black guy fix a country that a bunch of white Republicans destroyed.