Paul in 2012?

RightinNYC · 02-17-09, 04:48 PM

Quote:

Originally Posted by dirtpoorchris

So what America really owes isn't commonly shielded from public? They definitely don't broadcast it everywhere.

Debt to the Penny (Daily History Search Application)

OMG SECRET CONSPIRACY!!!

RightinNYC · 02-17-09, 04:50 PM

Quote:

Originally Posted by Goldenboy219

Two years following 1929. Give it another year...

There are several characteristics that differ. The general makeup of the economy (mass production vs service based), the size of the Fed's balance sheet, and efficiency in determining information in financial markets (lack of computers and such) paves a different path of depression.

Again, you saying that things are worse does not make things worse. You have to understand that I'm not going to take your word for it.

Defensor · 02-17-09, 04:50 PM

Quote:

Originally Posted by jallman

Wow. I think this bottle of water sitting on my desk has more intelligence than you.

Yep, you're a joke. I ask a simple question; rather than answer, you respond with petty insults once again.

jallman · 02-17-09, 04:56 PM

Quote:

Originally Posted by Defensor

Yep, you're a joke. I ask a simple question; rather than answer, you respond with petty insults once again.

The whole thing is that I DID ANSWER.

I just didn't take a position on a topic that you want to argue about because it is wholly irrelevant to the topics being discussed.

I swear to God, it's the libertarian version of Jfuh.

Goldenboy219 · 02-17-09, 04:58 PM

Quote:

Originally Posted by RightinNYC

Again, you saying that things are worse does not make things worse. You have to understand that I'm not going to take your word for it.

I am not expecting you too. Follow the money; look at bank reserves, treasuries, junk bond markets etc.... Regardless of whether you take my word or not, my intent is not to convince...

RightinNYC · 02-17-09, 05:06 PM

Quote:

Originally Posted by Goldenboy219

I am not expecting you too. Follow the money; look at bank reserves, treasuries, junk bond markets etc.... Regardless of whether you take my word or not, my intent is not to convince...

Simply saying "follow the money, etc." does nothing to support your claims. You need to

1) Show what has happened with those reserves/treasuries/markets
2) Show what that has historically meant
3) Show how what's happening now in those areas means that the economy at large will be worse than ever

Harry Guerrilla · 02-17-09, 05:17 PM

Quote:

Originally Posted by RightinNYC

Simply saying "follow the money, etc." does nothing to support your claims. You need to

1) Show what has happened with those reserves/treasuries/markets
2) Show what that has historically meant
3) Show how what's happening now in those areas means that the economy at large will be worse than ever

I found this article and it can't be good for us.

China is Considering Ways to Diversify Out of the Dollar

independent_thinker2002 · 02-17-09, 05:24 PM

Quote:

Originally Posted by jallman

People who compare this with the great depression seem to forget that along with a stock market crash, we had severe drought for years in the midwest that resulted in food shortages for the nation.

Plus the run on the banks.

jallman · 02-17-09, 05:24 PM

Quote:

Originally Posted by independent_thinker2002

Plus the run on the banks.

I can see people doing irrational things when they are starving.

RightinNYC · 02-17-09, 05:28 PM

Quote:

Originally Posted by Harry Guerrilla

I found this article and it can't be good for us.

China is Considering Ways to Diversify Out of the Dollar

1) China has been thinking about this for years, it's nothing new.
2) China actually owns far less of our debt than is popularly believed: a little over 6%.

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