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Reverend Blair
Forum Super Elite
Posts: 2043
Posted: Fri Sep 26, 2008 11:02 am
I'm not seeing a lot of end of the world talk, Scape. The US is in some very real trouble though, and its days as an economic superpower are limited. It's deeply in debt, does very little in the way of production, and lacks the resources to be anywhere close to self-sufficiency. If you figure in the requirements for oil and fertilizer, it is doubtful the US is even able to feed itself.
Nobody is saying that it's going to disappear, but European leaders are signaling that it will no longer be business as usual with the US and Asia is setting off on its own.
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Posts: 35279
Posted: Fri Sep 26, 2008 11:12 am
Well its the end of the world as we know it. Like I said they could drop to half their current strength and still be the most powerful nation. The problem with that is the US would no longer be an economic equal to ALL of Europe more like it would be equal to half of it. They will still be a superpower but like a sun after a supernova a lot smaller and a lot less complicated.
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C.M. Burns
Forum Elite
Posts: 1240
Posted: Fri Sep 26, 2008 1:13 pm
Some people are rightfully upset. 
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Tokimini
Active Member
Posts: 123
Posted: Fri Sep 26, 2008 1:28 pm
Yogi Yogi: Bacardi4206 Bacardi4206: Because although I am a Anti-American. If there is anybody I would rather trade with, and partner with. It would be America, and Americans as we pretty much are the same and have close ties for a hell of a long time. ![huh? [huh]](./images/smilies/icon_scratch.gif) I didn't get that either.
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Reverend Blair
Forum Super Elite
Posts: 2043
Posted: Fri Sep 26, 2008 1:36 pm
$1: Like I said they could drop to half their current strength and still be the most powerful nation. The problem with that is the US would no longer be an economic equal to ALL of Europe more like it would be equal to half of it. They will still be a superpower but like a sun after a supernova a lot smaller and a lot less complicated. A lot goes with that kind of economic downturn though. They won't be able to afford their military...or, more accurately, will have to acknowledge that they never could afford it. They will have to become more multi-lateral in their foreign policy. They won't be the big dog at the G-8, the WTO, the World Bank, etc. I think that's goingto require them to become more complicated, not less.
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Posts: 1211
Posted: Fri Sep 26, 2008 2:33 pm
The U.S. has not only been humiliated by the Russian rout against Georgia, where we recently watched the U.S. installed puppet (Shaskivilli) get his ass kicked out of S. Ossetia, proving the world is not militarily unipolar. Now for another lesson for Bushco, the states is falling fast from it's oh so 90's vision of economic supremacy. Everything dubya gets his hands on turns to s#$* - whether it's a baseball team, an oil company, or a nation. http://www.iht.com/articles/2008/09/25/ ... ?pass=true
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CommanderSock
Forum Super Elite
Posts: 2664
Posted: Sun Sep 28, 2008 5:32 am
**Slowly begins to look away from the US market and cautiously places one foot in the developing world**
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Posted: Sun Sep 28, 2008 6:39 am
I have never heard so much garbage in my life. You should all listen to yourselfs in the 51st state you are so tied to us that you are going to fail if we fail.
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CommanderSock
Forum Super Elite
Posts: 2664
Posted: Sun Sep 28, 2008 7:20 am
$1: I have never heard so much garbage in my life. You should all listen to yourselfs in the 51st state you are so tied to us that you are going to fail if we fail.
The Globe and Mail recently ran a story indicating Harper has been discussing a deal with the EU. http://www.theglobeandmail.com/servlet/ ... login=trueTalks will begin Oct 17 of this year. Free trade with Europe, and potentially over 700 million people market. The US won't collapse today in this crisis. They'll rebound, however when they do collapse....Canada should have diversified its market by then. http://www.bilaterals.org/article.php3?id_article=13223 ^^ no login needed.
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Posted: Sun Sep 28, 2008 7:38 am
Europe your kidding right?
When was the last time you have been there I was there in late August. They are not doing that great. High unemployment, Very low birth rates, Socialist heaven.
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CommanderSock
Forum Super Elite
Posts: 2664
Posted: Sun Sep 28, 2008 7:45 am
$1: Europe your kidding right?
When was the last time you have been there I was there in late August. They are not doing that great. High unemployment, Very low birth rates, Socialist heaven.
That doesn't stop it from being a good market to invest in.
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Posted: Sun Sep 28, 2008 7:47 am
CommanderSock CommanderSock: $1: Europe your kidding right?
When was the last time you have been there I was there in late August. They are not doing that great. High unemployment, Very low birth rates, Socialist heaven.
That doesn't stop it from being a good market to invest in. Whatever you say. And stick to what your doing.
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CommanderSock
Forum Super Elite
Posts: 2664
Posted: Sun Sep 28, 2008 8:06 am
ManifestDestiny ManifestDestiny: CommanderSock CommanderSock: $1: Europe your kidding right?
When was the last time you have been there I was there in late August. They are not doing that great. High unemployment, Very low birth rates, Socialist heaven.
That doesn't stop it from being a good market to invest in. Whatever you say. And stick to what your doing. Of course. I love what I'm doing. It pays well. Soon I'll be able to do it in Europe. The US is our market stomping ground. The US is like the "black neighbour" to a white family in the US. Yeah we do business, ya we'll take their money, but we don't invite them to dinner. Europe will be the same.
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Posts: 2928
Posted: Sun Sep 28, 2008 9:31 am
CommanderSock CommanderSock: $1: Europe your kidding right?
When was the last time you have been there I was there in late August. They are not doing that great. High unemployment, Very low birth rates, Socialist heaven.
That doesn't stop it from being a good market to invest in. Europe has outperformed America this decade. Whether or not it does going forward is another question, however.
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Posts: 33691
Posted: Sun Sep 28, 2008 9:38 am
sorry boys, europe aint the place to be now.
2nd bank in Uk to be Nationalized.. their 8th biggest.
new car sales down 41% in Spain, construction all but stopped, and this credit crunch wil make it even worse.
This will hit Europe pretty hard.. i will have start to move some money around next weeek, to make sure it stays protected.
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