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HappySqurriel said:
akuma587 said:
Kasz216 said:
Additionally here is an article of a historian who agrees the UK and other european countries could go bakrupt.

Historical Economist is a kickass profession I wish i would of known existed when i went to college.

http://www.guardian.co.uk/books/2009/may/25/hay-festival-niall-ferguson

I think you are missing something.  As a percentage of GDP, our national debt has been higher than this before.  And guess what happened in the years following that massive deficit spending?  The U.S. emerged as the strongest economic power in the world. Thus, the assumption that massive government spending will lead to bankruptcy can be refuted by historical evidence in this country.

So are you planning on physically destroying all of Europe's (and most of Asia's) manufacturing sector in otder to ensure that the next 25 years of rebuilding them will be done using American manufactured goods and equipment?

The U.S. shifted away from a production-based economy to a service-based economy a long time ago, so I really don't see the point you are trying to make.  Just because you are building something with your hands doesn't mean it is more valuable.  Why do you think first year associates at law firms typically make in the range of $160,000?



We had two bags of grass, seventy-five pellets of mescaline, five sheets of high-powered blotter acid, a salt shaker half full of cocaine, a whole galaxy of multi-colored uppers, downers, screamers, laughers…Also a quart of tequila, a quart of rum, a case of beer, a pint of raw ether and two dozen amyls.  The only thing that really worried me was the ether.  There is nothing in the world more helpless and irresponsible and depraved than a man in the depths of an ether binge. –Raoul Duke

It is hard to shed anything but crocodile tears over White House speechwriter Patrick Buchanan's tragic analysis of the Nixon debacle. "It's like Sisyphus," he said. "We rolled the rock all the way up the mountain...and it rolled right back down on us...."  Neither Sisyphus nor the commander of the Light Brigade nor Pat Buchanan had the time or any real inclination to question what they were doing...a martyr, to the bitter end, to a "flawed" cause and a narrow, atavistic concept of conservative politics that has done more damage to itself and the country in less than six years than its liberal enemies could have done in two or three decades. -Hunter S. Thompson