12-05-2020, 09:49 PM
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#91
- Janato
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- Janato
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China loses in a non-nuclear war to the US? So what if they have military tech that rivals our own? Their military is not experienced, nor does it have a successful history.
12-05-2020, 09:52 PM
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#92
- soaponarope1
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- soaponarope1
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Originally Posted By SevenFigures⏩
Ok. Unlike personal debt, national debt has no repayment time line.https://www.usdebtclock.org/world-debt-clock.html
Over 27 Trillion dollars of national debt. Interest rates at 0. Fed is printing money like crazy and value of US dollar is dropping.
China GDP expected to overtake the US.

History repeats itself. Kingdoms will rise and kingdoms will fall.

Reserve currency status doesn't last forever. Seems like the US dollar is on the latter end of the cycle.
Over 27 Trillion dollars of national debt. Interest rates at 0. Fed is printing money like crazy and value of US dollar is dropping.
China GDP expected to overtake the US.

History repeats itself. Kingdoms will rise and kingdoms will fall.

Reserve currency status doesn't last forever. Seems like the US dollar is on the latter end of the cycle.
I'm not a proponent of taking on national debt, but explain to me why any of this is concerning? Nobody can 'call' our debt due. We set the value of our debt because we are the world's reserve currency. Our biggest non American debt holder is China whose biggest market is us.
Nothing about this is concerning unless you live in some banana republic style country.
It's an honest question. Explain why I should care
12-05-2020, 09:53 PM
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#93
so the future is digimon and china. common life will be vastly different. i offer a precaution, to watch the hell out for ****ing up in the digimon era because when u spend like 2 years on the bottle with the digimon out ur gonna lose so many digimon u wont be able to get back. thats wat will be unique about the digimon era is all the new skills to gain and lose
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12-05-2020, 09:53 PM
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#94
- orangetide
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- orangetide
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Originally Posted By exxtracool⏩
you completely missed the part where most of those companies use A HUGE percentage of H1-b's and a lot of those workers are spiesAmerica still has a stronghold on technological innovation
Most of the largest tech and pharma companies in the world are US
Most of the largest tech and pharma companies in the world are US
12-05-2020, 09:58 PM
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#95
- Jasonw1178
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- Jasonw1178
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#1 thing the US is doing wrong is signing into deals that don't benefit us and even hurt us, like the Paris Accord, Carbon tax, Free trade agreements that hurt our economy. Providing national defense to other countries.
12-05-2020, 10:20 PM
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#96
Originally Posted By 5x10⏩
Maybe so. Incidentally my brother just mentioned that scap metal prices are way up.i don’t think any choice would be worse than staying in cash, take your pick
Stocks, real estate, gold, Bitcoin , etc
Stocks, real estate, gold, Bitcoin , etc
Originally Posted By Janato⏩
You might like XterraRob's thread:China loses in a non-nuclear war to the US? So what if they have military tech that rivals our own? Their military is not experienced, nor does it have a successful history.
https://forum.obnoxiousbrutes.com/showt...7998621&page=4
Originally Posted By soaponarope1⏩
Broadly as I understand it our system of loans made with interest due is dependent on growth (more $ paid back than $ lent out). Real growth stalled out a long while back (seen some claim the 70s) and we have essentially been faking it for awhile.Ok. Unlike personal debt, national debt has no repayment time line.
I'm not a proponent of taking on national debt, but explain to me why any of this is concerning? Nobody can 'call' our debt due. We set the value of our debt because we are the world's reserve currency. Our biggest non American debt holder is China whose biggest market is us.
Nothing about this is concerning unless you live in some banana republic style country.
It's an honest question. Explain why I should care
I'm not a proponent of taking on national debt, but explain to me why any of this is concerning? Nobody can 'call' our debt due. We set the value of our debt because we are the world's reserve currency. Our biggest non American debt holder is China whose biggest market is us.
Nothing about this is concerning unless you live in some banana republic style country.
It's an honest question. Explain why I should care
Also a growth dependent financial
system is a dead end when you have finite resources. If humanity were to actually make it and start gaining resources from other planets/asteroids then I guess we could keep the game going.
I suspect that part of the Great Reset will be an attempt to deal with the end of growth (population is expected to peak in 2064 IIRC).
Something has to give at some point because a shrinking population can't really repay masses of debt accumulated by larger previous generations.
I guess since we have moved so much into digital money vs. hard currency the transition will be easier to enact. It's quite possible that there could be a move from 1s and 0s held in banks which we call dollars to a cryptocurrency created and controlled by the usual azzholes.
Seems like an attempt at a controlled demolition cloaked as "equity" and "climate change".
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12-05-2020, 10:32 PM
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#97
Originally Posted By Jasonw1178⏩
Trump was smart enough to recognize how damaging that deal was. Meanwhile leftists were just reporting to child-like anger: "He hates the Earth, he will be responsible for millions of deaths". They probably didn't even know the broad strokes of the deal and how America would be footing most of the bill for "underdeveloped" countries a part of it all.#1 thing the US is doing wrong is signing into deals that don't benefit us and even hurt us, like the Paris Accord, Carbon tax, Free trade agreements that hurt our economy. Providing national defense to other countries.
Meanwhile child-sniffer Biden naturally wants to be a part of that deal.
Funny how America actually out of all the countries opting had the MOST reductions in their footprint, I think they were in the top 3 countries for the most reduction that year. It's not even facts over emotions anymore, it's signalling over economical stability. Just absolute morons that will run any country into the ground then move on blaming something else for the failure - common attitude we see right?
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