Page 3 of 6 FirstFirst 12345 ... LastLast
Results 21 to 30 of 60

Thread: Putin US is a parasite on world economy

  1. #21
    Sage
    PeteEU's Avatar
    Join Date
    Mar 2006
    Location
    Denmark
    Last Seen
    12-10-17 @ 07:36 PM
    Gender
    Lean
    Centrist
    Posts
    29,089

    Re: Putin US is a parasite on world economy

    Quote Originally Posted by donsutherland1 View Post
    I probably wasn't sufficiently clear. Russia likely had a choice as to whether it defaulted (it chose default). Russia had no choice when it came to the onset of its crisis.
    Well I disagree some what.. they did have a choice on the onset of the crisis, but chose to the wrong path on so many fronts.. some say it was deliberate, others say it was stupidity.. I personally believe it was deliberate. Yes they were moving from a communist run state to a more market orientated state, but so were many other former Soviet client states and far from all of them went belly up at the first push. The Russian default and what lead up to it, was a pure speculative move by the leaders of the time to rid Russia of unwanted debt to "foreigners", while lining their own pockets with massive amounts of money as they were "forced" to privatise so much of the Soviet economy, and funny enough those companies fell into the laps of loyalists at a fraction of their value. Frankly it was one of the largest cases of out right robbery in history if you ask me. Mikhail Khodorkovsky is a classic example of having the right friends at the right time and making billions. Just sucks for him that those friends were replaced by enemies that then threw him in jail... but the point is there... Russian society is corrupt to the core and it will implode at some point.

    In contrast, if U.S. policy makers choose wisely, the U.S. still has enormous latitude to avoid the kind of crisis that unfolded in Russia. But will the U.S. choose wisely remains to be seen. Risks of a less than prudent course likely have increased on account of the recent political dysfunctionality exhibited during the debt ceiling debate. That a modest deficit reduction agreement was sealed to avoid a self-inflicted crisis does not mean that U.S. political risk has diminished.
    There is at the moment, not much difference in the policy makers of the US of today (or the last 30 years) and the crooks in Russia. Both are heavily involved in business and will do anything to advance that business even at the cost of the country and the population. There is no such thing as a "wise" US politician as it stands now.. you either have the utterly corrupt (both sides) or the insane (both sides). The few real politicians that there are have been marginalised by partisan bickering and corruption. The very fact that legislation that was suppose to protect the consumer was written by corporate America to protect themselves shows a de-stain for the average American by the politicians they elect. The Bush prescription drug law he signed as his first law is a classic example of corporate America being ahead of the average American. The list goes on of pro-Business anti-consumer legislation and all are connected to massive amounts of money funnelled legally into the campaign trough´s of your politicians.

    So.. as long as the US has the system it has now.. then Putin's words, while based on a highly biased and personal view for him, is actually quite true on so many fronts and that scares the **** out of me and many people around the world. I had hoped the Tea Party could change this, but with all the crazies and even more crazies in the so called party and their actual actions once elected, then the Tea Party is nothing but a teenage version of the GOP... they are just as corrupt as everyone else. I read or heard somewhere (cant for the life of me remember where) that the Tea Party members had gobbled up 48 billion in government funding for their districts and much of that in out right pork... so much for change there.
    Last edited by PeteEU; 08-02-11 at 01:19 PM.
    PeteEU

  2. #22
    Sage

    Join Date
    Feb 2011
    Last Seen
    10-10-16 @ 10:59 AM
    Gender
    Lean
    Libertarian
    Posts
    6,073

    Re: Putin US is a parasite on world economy

    Quote Originally Posted by Deuce View Post
    The fact that our politicians have managed to convince you of this is representative of what our fundamental problem is.
    The pols in Congress try hard to try to convince people that they and the people are one and the same.

    And, alas, gullible Americans fall for it.

    Quote Originally Posted by Deuce View Post
    No, we aren't two separate entities.
    They are. Congress works for those who sponsor them. The average American, OTOH, doesn't pony up substantial funds for their re-election campaigns so pols have no allegiance to them.

    You must be very gullible to believe otherwise.

  3. #23
    Sage

    Join Date
    Apr 2008
    Location
    Huntsville, AL (USA)
    Last Seen
    Yesterday @ 05:51 PM
    Gender
    Lean
    Moderate
    Posts
    9,763

    Re: Putin US is a parasite on world economy

    To label the U.S. economy as "parasitic" implies we're out to get all we can get, building up our own wealth while watching foreign markets crumble around us. While it's true we introduced collatoralized debt obligations and credit default swaps to countries such as Ireland and Greece, we certainly haven't sat idly by and watched as the economies of these nations tumbled downwardly out of control.

    Moreover, it is true that we still have some problems to fix within our own markets, i.e., liquidity of banks large and small, investor and consumer confidence in the markets and properly valuing toxic assets still held by most banks and certainly held by the FedResv, I'm a long way from calling our financial system "parasites on the global economy. There's no question our actions caused problems, but we've been trying to correct our problems while also helping other nations correct theres. That's hardly what I'd deem "parasitic behavior".

  4. #24
    User
    Join Date
    Aug 2011
    Location
    Boston
    Last Seen
    08-18-11 @ 11:52 PM
    Gender
    Lean
    Conservative
    Posts
    89

    Putin calls US parasite on Global Economy

    LAKE SELIGER, Russia, Aug 1 (Reuters) - Russian Prime Minister Vladimir Putin accused the United States on Monday of living beyond its means "like a parasite" on the global economy and said dollar dominance was a threat to the financial markets.
    Vladimir Putin, Russian Prime Minister, Calls U.S. Parasite On The Global Economy

    Opinions?

  5. #25
    Sage
    AdamT's Avatar
    Join Date
    Jul 2011
    Last Seen
    02-13-13 @ 04:09 PM
    Gender
    Lean
    Undisclosed
    Posts
    17,773

    Re: Putin calls US parasite on Global Economy


  6. #26
    User
    Join Date
    Aug 2011
    Location
    Boston
    Last Seen
    08-18-11 @ 11:52 PM
    Gender
    Lean
    Conservative
    Posts
    89

    Re: Putin calls US parasite on Global Economy

    tpb!!!!!!!

  7. #27
    Gradualist

    Join Date
    Apr 2011
    Last Seen
    09-25-17 @ 12:48 PM
    Lean
    Socialist
    Posts
    34,949
    Blog Entries
    6

    Re: Putin US is a parasite on world economy

    Oh silly Putin....


  8. #28
    cookies crumble
    ARealConservative's Avatar
    Join Date
    Oct 2006
    Last Seen
    04-21-17 @ 09:41 PM
    Gender
    Lean
    Libertarian
    Posts
    14,518

    Re: Putin calls US parasite on Global Economy

    we essentially committed fraud in the 70's when we spend more then we had and bankrupted our end of Bretton Woods, so his views aren't that far off from the truth. probably a bitter pill for someone with your nationalistic pride I imagine.

  9. #29
    Sage

    Join Date
    Oct 2007
    Location
    New York
    Last Seen
    11-28-17 @ 04:47 PM
    Gender
    Lean
    Centrist
    Posts
    11,690

    Re: Putin US is a parasite on world economy

    Moderator's Warning:
    Putin US is a parasite on world economyThreads merged.

  10. #30
    User
    Join Date
    Aug 2011
    Location
    Boston
    Last Seen
    08-18-11 @ 11:52 PM
    Gender
    Lean
    Conservative
    Posts
    89

    Re: Putin calls US parasite on Global Economy

    Quote Originally Posted by ARealConservative View Post
    we essentially committed fraud in the 70's when we spend more then we had and bankrupted our end of Bretton Woods, so his views aren't that far off from the truth. probably a bitter pill for someone with your nationalistic pride I imagine.
    We were doing pretty fine when we had Nixon in presidency.

Page 3 of 6 FirstFirst 12345 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •