By using this site, you agree to our Privacy Policy and our Terms of Use. Close

Forums - General Discussion - Recession - Thank you America.

It's pretty normal for uneducated people to hate on the dominating party (meaning America) but that's okay because they are the voices that don't matter on the world's affairs.



What are you looking at, nerd?
Around the Network
*~Onna76~* said:
Entroper said:
Yes, America is to blame for everything. We suck. We all get it.

I don't wish to insult or anything as I'm friends with the Americans, but the fact is that America consider itself as the leader of the world and most of all as the biggest insipiration in the world. Once America is affected by something, like the attacks on the World Trade Center or America ends up in recession, the entire world is affected. If The Netherlands or any other small, non influential country is in a recession, no one would even notice this.

I just name up a fact, no hate, let that be perfectly clear!


 Well maybe the Netherlands isn't that good of an example. Of the top 10 biggest companies worldwide, 2 are Dutch.



BengaBenga said:
*~Onna76~* said:
Entroper said:
Yes, America is to blame for everything. We suck. We all get it.

I don't wish to insult or anything as I'm friends with the Americans, but the fact is that America consider itself as the leader of the world and most of all as the biggest insipiration in the world. Once America is affected by something, like the attacks on the World Trade Center or America ends up in recession, the entire world is affected. If The Netherlands or any other small, non influential country is in a recession, no one would even notice this.

I just name up a fact, no hate, let that be perfectly clear!


Well maybe the Netherlands isn't that good of an example. Of the top 10 biggest companies worldwide, 2 are Dutch.


Yes, but creating a rescession in other countries when YOUR specific country isn't doing that well can only be achieved if other countries heavily relly on your products (export) or if your has alot of their products being imported from that country. Example, if Germany does bad, so do The Netherlands because 50% of the Dutch' export goes to Germany.

Another factor could be that a country has a lot of cash lent from another country or lends a lot of money to it. As such they are heavily dependant on the other's performance economically. Example could be China having a lot of Dollars from America.

 

EDIT: And ofcourse, you have China, America, Japan, Germany etc... If they fall, the rest of the world will feel that, but that's just because of their huge economic power! 



THE NETHERLANDS

I would also like to say that if American lawmakers would quit spending money like its going out of style (both sides of the isle do this) then I'm sure we wouldn't be in so much debt.

Or wait....how about cancelling those worthless and abused social programs that seem to suck up money like a giant vacuum cleaner? Like Welfare or Social Security? Why can't we get rid of those again? How about letting me privatize my own account so that my money goes to ME and not some federal official with a bad comb over.

EVEN BETTER! We'll reform the tax code which actually costs the government billions of dollars just to COMPLY to it. I think we actually have the Fair Tax bill sitting in the house somewhere but all the tax raising democrats seemed to have hidden it in a desk somewhere.....or something.

Or reducing our dependance on foreign oil? There is a huge ass part of ANWR that the government set aside for us to be able to drill for oil in our own lands. If the enviromentalists would just move along and get out of the way we might be able to releive that burden as well.

There are plenty of things that America could do to start saving money and stop the bleeding but its own citizens get in the way of that. mostly progressives with their socialist ideals but you cant tell them that. Or else you'll be labeled as a bigot that doesn't care about the "less fortunate". there's a reason why I put that in quotations.

Yeah, we could also stop going to war with other countries but then again we could also stop giving money to other countries as well.





Ask me how to turn a Rottweiler in to a Dodongo and I'll tell you the story of a lifetime.

T013 said:
dbot said:
Hate America all you want. Just know that we will be there for you no matter how ungrateful you are. When a country invades, or terrorists attack you, America will stand by you. No questions asked. That is an unshakeable truth.

Sorry but America is practically the reason terrorists are a threat in the first place. On top of that, the American government pretends that this threat is even bigger than it already is. Face it: good citizens are supposed to live in fear. And we'd probably do just the same for the US, since most European governments are the dogs of Bush anyway.

By the way this is of course the fault of the American government, and not of its people!


 I hate to say it, but yes, yes, and yes.  You have hit the problem pretty much spot on.  You didn't hear about terrorist attacks before the 80's, guess why?  Because we stationed troops in the Middle East after that point, and even managed to leave quite a few on holy ground, nothing but a bad idea.

 People in this country do fear the government as well.  In France, it is the opposite, the government fears the people, and look how much more control they have over their government.  They also have the best healthcare system in the world, one of the best retirement systems, a higher minimum paid vacation time than our AVERAGE vacation time, and countless other benefits Americans don't even know exist.  No wonder we hate France, they have it so much better than us!



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

Around the Network
SlorgNet said:
Well, it's OK to detest a government or a ruling class, but we should remember that ordinary Americans are victims of the US system. People got credit cards because they had no other choice. People took out huge mortgages because they had to (you have to live someplace).

That said, it's true that the US Empire has deeply corrupted the US public. Too many people think it's OK for an American President to be God Emperor of the Planet. Our $800 billion annual military budget (yes, it's really that big, when you count nukes, Veteran's Affairs, foreign aid, and Iraq) has poisoned our economy with positively Soviet levels of waste and internal corruption. Our corporate-owned mass media deliver the worst news in the world -- they shamelessly hyped the Iraq War and didn't become critics until it was obvious the war was lost. Even then, the best reporting comes from the public mass media of other countries (BBC, etc.).

As an American, I loathe the Empire. It benefits noone except Halliburton and Boeing, and it violates every principle of democracy, tolerance, reason and justice ever created, including the ideals of the American Revolution (a rebellion against the British Empire). The US Empire needs to go -- not now, yesterday. Get out of Iraq, talk with countries instead of bombing them, chop that military budget in half and spend $400 billion on education, science, renewable energy and the environment and hey presto - America will be back. If we don't do this, then we go the way of the Soviet Union.

 QFT

 

We are all victims to the discourses of our societies

 

 



Beware, I live!
I am Sinistar!
Beware, coward!
I hunger!
Roaaaaaaaaaar!

 

 

 At least 62 million Wii sold by the end of 09 or my mario avatar will get sad

Well get used to it because with a MCcain/Hillary showdown looking likely its going to be 4-8 years more of a GOP prez (Hillary can't win a general election, she generates too much hate), so don't expect any of the necessary fiscal policy changes to occur in the next few years, no changes to the tax policy, Social security, medicare, medicaid and so on, and expect our forces to remain in Iraq for years if not decades, continuing to be a drain on the economy, in fact MCcain in his quest to beef up security will make it harder for foreign investment to occur in the US.



 

Predictions:Sales of Wii Fit will surpass the combined sales of the Grand Theft Auto franchiseLifetime sales of Wii will surpass the combined sales of the entire Playstation family of consoles by 12/31/2015 Wii hardware sales will surpass the total hardware sales of the PS2 by 12/31/2010 Wii will have 50% marketshare or more by the end of 2008 (I was wrong!!  It was a little over 48% only)Wii will surpass 45 Million in lifetime sales by the end of 2008 (I was wrong!!  Nintendo Financials showed it fell slightly short of 45 million shipped by end of 2008)Wii will surpass 80 Million in lifetime sales by the end of 2009 (I was wrong!! Wii didn't even get to 70 Million)

StarcraftManiac said:

World markets plunge on U.S. fears

 

LONDON, England (CNN) -- Stock markets around the world plummeted Monday, prompted by pessimism about U.S. President George W. Bush's plans to boost the U.S. economy.

From Paris to Mumbai to Tokyo, it was one of the worst days for stocks since the terror attacks of September 2001, as share prices in Asia, Europe and the Americas all plunged by significant amounts; Wall Street only avoided joining the tumble because U.S. markets were closed Monday for Martin Luther King Day.

Markets in Europe reacted with London's FTSE 100 Index down 5.5 percent at 5,578.20; the CAC-40 in Paris down 6.8 percent to 4,744.15; and Frankfurt's DAX dropping 7.2 percent to 6,790.19.

In Japan, the benchmark Nikkei 225 index closed on 13,325.954 points, a slide of 3.9 percent and its biggest dip in two years. Shanghai's Composite index fell 5.1 percent.

 


Hong Kong's Hang Seng index suffered its largest percentage drop since the terrorist attacks of September 11, 2001 when it fell 5.5 percent to 23,818.86 points.

India's Sensex stock index fell nearly 1,353 points or 11 percent -- its second biggest percentage drop ever -- to 17,605.35 points before recovering to 7.4 percent.

The Toronto Stock Exchange opened more than four percent down, falling by 543.13 points to 12,193.13 and taking around US $68 billion off the market's value. A drop of 6.6 percent last week wiped out gains made by the market last year.

Elsewhere in the Americas, stocks in Mexico tumbled by 4.77 percent on opening while markets in Argentina and Brazil fell by 4.64 percent and 6 percent respectively.

The Dow Jones industrial average, which was not trading Monday, finished Friday 0.5 percent down at 12,099.30. It has now lost more than 8 percent of its value since the year began.

On Friday U.S. President George W. Bush announced an economic stimulus plan involving a $145 billion tax relief package.

But investors remain skeptical and are worried that a U.S. slowdown will lead to a global recession.

"I think a lot of people had been hoping that when the new year started that we would find that the U.S. housing market's problems were largely isolated to that market," said Royal Bank of Scotland's Kit Jukes. "Every piece of news we've had since Christmas has argued against that position."

Traders now want to see how Wall Street reacts when it reopens Tuesday. "I think the expectation is the U.S. will open further down tomorrow," said analyst Howard Wheeldon of BGC Partners. "That is a big kick in the teeth for President George W. Bush."

If the United States slips into recession, Americans may buy fewer goods, especially those from overseas. That's why shares from Toyota in Tokyo to BMW in Frankfurt were down heavily.

Among the areas hit hard would be South America, where the United States is the main trading partner for many countries. Banks also fell hard as the lending policy during the boom time continues to concern analysts. Banks and insurance companies also own a lot of equities.

Commodity-led shares, like oil firms and mining companies, were also hit hard, after flying high for most of 2007. If the world economy falters consumers are likely to less oil and buy fewer products like gold and copper.

CNN's Eunice Yoon said investors remain skeptical that Bush's plan will encourage consumer spending.

"What people are wondering here is will those tax breaks actually address some of the main issues - not only the weakness in the financial sector or the weakness in the housing market but will they actually get people spending again.

"People out here in Asia rely very heavily on the consumer in the United States and that's one of the reasons why Toyota, which has about 54 percent of its business in the United States, saw its share price tank this morning."

By only the 14th trading day of 2008, shares in Europe's main markets are now down between 12 to 15 percent on the year. During the market gyrations of 2007, sharp falls were often followed by sharp rises. There is no evidence of that yet in 2008.

 

----

'America kapitalism - Bluugh... you guys can't keep this way of living up forever, your paying the price, and your taking us Europeans down with us! Thanks...'

 

EDIT: My country fell 6.1% in 1 day because of 2 American banks that have money problems, they lent to much cash out to people who couldn't repay their debts... Why would those people even bother lending cash?... Can't they think straight or what...? To top that of. This was the worst day for European stocks since 9/11 and my country fell 18% since the beginning of 2008.

Since Wall Street was closed today i bloody hope the US falls more then 10% tomorrow! Sorry, im pissed right now because the US and their problems with Kapitalism failing are taking their toll on Europe and Asia too.


BTW, you're welcome for that whole "internet boom" thing that fueled most western economies over the past 10 years.

This thread fails on so many levels that it's not even funny. 




Or check out my new webcomic: http://selfcentent.com/

I HEARD BLOOMBERG IS RUNNING FOR PRESIDENT AS WELL, WHO KNOWS MAYBE THE WHITE HOUSE IS GETTING READY FOR THE MAN THEY CALL BLOOMBERG. BLOOOOOOOOMMMMMMMMMBEEEERGGGGGG BLOOOOOOOOOOOOOMMMMMMMBEEEEEEEEERRRRRRRRRRRGGGGG.



TalonMan said:
akuma587 said:

I hate to say it, but yes, yes, and yes. You have hit the problem pretty much spot on. You didn't hear about terrorist attacks before the 80's, guess why? Because we stationed troops in the Middle East after that point, and even managed to leave quite a few on holy ground, nothing but a bad idea.

 


LOL!!! Terrorism has been around for far longer than the 80's - you didn't hear about it as much, not because of troops stationed in the Middle East, but because media outlets weren't as far reaching and intrusive as they are these days.

You're zeroing in on Muslim vs. US terrorism as if it's the only war going on. You also sound like you're buying into the whole 'If America leaves our waters, we'll leave them alone.' speech - do you seriously believe that to be true? Do you honestly believe if we were to pack up all of our tents in the middle east, that the terrorists would just lay down their guns and go get 9-5 jobs???

 

And how the HELL did this get so far off-topic?!?!?!?

 


And why didn't we hear about terrorism before the '80s? Because the governments were not trying to indoctrinate us with fear! Of course media has something to do with it, but the source of the problem is definitely a political one. And no, terrorists wouldn't get 9-5 jobs, but they would see less reason to become terrorists in the first place. That's something they call constructivity, and my mommy says it works. You can't totally exterminate terrorists, but you can vastly reduce their numbers - and this requires everything BUT a 'war on terror'.



I drink your milkshake.