Making gas not cost $4/gallon is pretty fucking pro.
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by Arkinesia » Sat Aug 14, 2010 5:12 am
Disappointment Panda wrote:Don't hope for a life without problems. There's no such thing. Instead, hope for a life full of good problems.
by New Dracora » Sat Aug 14, 2010 5:27 am
Glorious Homeland wrote:The Economist
http://economist.com/blogs/freeexchange/2010/08/europes_economies?fsrc=scn/fb/wl/bl/turbocharged
BBC News
http://www.bbc.co.uk/news/business-10962017
Well, they may as well given recent figures. Except Portugal, Spain and especially Greece...
What's that America? A group of countries with large spending on universal healthcare and welfare policies are growing much faster economically post-recession than you? *dances*
by Ad Nihilo » Sat Aug 14, 2010 5:46 am
Vetalia wrote:Ad Nihilo wrote:Hmm... I'm not too sure about this. The Chinese government have a very strong control on capital flows, and have even moved to curb dangerous tendencies well in advance (hence their targeted growth level this year is 8%, rather than the over 10% that would have otherwise occurred). It kind of helps that they do not need to pander to a GDP obsessed electorate like we have here in the West (where, as this thread suggests, the GDP figures of your country make your e-penis larger in an exponential manner). And of course, the other thing the Chinese have is an awareness of their own problems, the political will to tackle them and the bureaucratic capacity to do so.
China in some ways is even more obsessed with GDP growth than we are; the massive shifts in their population require them to sustain a very high growth rate to absorb workers and prevent unemployment from increasing. Another big problem is that Chinese economic statistics are unreliable, so we're not really sure how bad things are; ironically, unlike the Soviet Union they have an incentive to under-report growth at the local level due to the political windfalls of allowing investment to spiral out of control, even if there are long-term consequences. The amount of control they really have over their economy is increasingly limited.
The insane rates of property appreciation and increases in credit is a classic example of an asset bubble building. Whether their efforts to control the economy will succeed is uncertain.
by Ad Nihilo » Sat Aug 14, 2010 6:05 am
Conservative Alliances wrote:Brandenburg-Altmark wrote:Vetalia wrote:Ad Nihilo wrote:Hmm... I'm not too sure about this. The Chinese government have a very strong control on capital flows, and have even moved to curb dangerous tendencies well in advance (hence their targeted growth level this year is 8%, rather than the over 10% that would have otherwise occurred). It kind of helps that they do not need to pander to a GDP obsessed electorate like we have here in the West (where, as this thread suggests, the GDP figures of your country make your e-penis larger in an exponential manner). And of course, the other thing the Chinese have is an awareness of their own problems, the political will to tackle them and the bureaucratic capacity to do so.
China in some ways is even more obsessed with GDP growth than we are; the massive shifts in their population require them to sustain a very high growth rate to absorb workers and prevent unemployment from increasing. Another big problem is that Chinese economic statistics are unreliable, so we're not really sure how bad things are; ironically, unlike the Soviet Union they have an incentive to under-report growth at the local level due to the political windfalls of allowing investment to spiral out of control, even if there are long-term consequences. The amount of control they really have over their economy is increasingly limited.
The insane rates of property appreciation and increases in credit is a classic example of an asset bubble building. Whether their efforts to control the economy will succeed is uncertain.
I think, in the end, the Chinese Government values it's control over the nation far more than it values the prosperity of the nation. If it comes to a point where they have the choice to either give up control or wreck the economy to maintain it, they will more than likely maintain control.
I also have a feeling it is a house of cards. There is a lot of illegal economic activity in China, quality control is horrible, the Chinese people are savers that rarely spend much money on goods (like they can afford them...), the economy is dependent upon the dollar and the US economy, and planned economies always fail. In the eighties, everyone believed Japan was going to take over the world. But then, they tanked in the nineties. I think China will be no different.
by EvilDarkMagicians » Sat Aug 14, 2010 10:55 am
Caninope wrote:And you can't compare a political organization to a nation.
by Conservative Alliances » Sat Aug 14, 2010 2:52 pm
Ad Nihilo wrote:Conservative Alliances wrote:Brandenburg-Altmark wrote:Vetalia wrote:Ad Nihilo wrote:Hmm... I'm not too sure about this. The Chinese government have a very strong control on capital flows, and have even moved to curb dangerous tendencies well in advance (hence their targeted growth level this year is 8%, rather than the over 10% that would have otherwise occurred). It kind of helps that they do not need to pander to a GDP obsessed electorate like we have here in the West (where, as this thread suggests, the GDP figures of your country make your e-penis larger in an exponential manner). And of course, the other thing the Chinese have is an awareness of their own problems, the political will to tackle them and the bureaucratic capacity to do so.
China in some ways is even more obsessed with GDP growth than we are; the massive shifts in their population require them to sustain a very high growth rate to absorb workers and prevent unemployment from increasing. Another big problem is that Chinese economic statistics are unreliable, so we're not really sure how bad things are; ironically, unlike the Soviet Union they have an incentive to under-report growth at the local level due to the political windfalls of allowing investment to spiral out of control, even if there are long-term consequences. The amount of control they really have over their economy is increasingly limited.
The insane rates of property appreciation and increases in credit is a classic example of an asset bubble building. Whether their efforts to control the economy will succeed is uncertain.
I think, in the end, the Chinese Government values it's control over the nation far more than it values the prosperity of the nation. If it comes to a point where they have the choice to either give up control or wreck the economy to maintain it, they will more than likely maintain control.
I also have a feeling it is a house of cards. There is a lot of illegal economic activity in China, quality control is horrible, the Chinese people are savers that rarely spend much money on goods (like they can afford them...), the economy is dependent upon the dollar and the US economy, and planned economies always fail. In the eighties, everyone believed Japan was going to take over the world. But then, they tanked in the nineties. I think China will be no different.
You wish to indicate Japan as an example of how planned economies always fail?
First thing's first. Both China and Japan are dirigisme economies, not planned economies. There is a huge difference.
And second, the Japanese miracle came to a halt because of an asset price bubble. So quite arguably, because of a lack of necessary regulation, rather than excessive government intervention.
And third, to this day, 2 lost decades later, the average Japanese person is quite well off, and there is no rampant unemployment. Do you think an economy like the US can ever achieve such low unemployment over two decades of barely any growth?
Rhodmhire wrote:I love you.
Liuzzo wrote:Conversely Conservative Alliances, Vetalia, and others make terrific arguments that people may not agree with but you can discuss.
Glorious Homeland wrote:Although some individuals provided counter-points which tended to put to bed a few of my previous statements (conservative alliances, zoingo)
by Ad Nihilo » Sat Aug 14, 2010 3:17 pm
by SaintB » Sat Aug 14, 2010 3:26 pm
Glorious Homeland wrote:The Bleeding Roses wrote:They can grow at that rate for decades and not match the US economically...
The EU already is a greater economic force than the USA.
http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)
IMF GDP estimates 2009
EU: 16.4trl USD
USA: 14.2trl USD
Given the enlargement of the EU into eastern Europe, strong growth can be expected in future years as well, and the growth we're seeing here is being led by Germany too. So, basically you're talking shit
by Techno-Soviet » Sat Aug 14, 2010 3:34 pm
Glorious Homeland wrote:Oh, so you're changing the topic, because you won't admit the USA isn't as economically powerful as the EU? We with our national health services and welfare states are apparently better at economic growth than "land of the free" USA? Go on... say it. Your own economic and social systems are unfortunately flawed, not progressive, in terms of income inequality OR GDP growth. The USA can't handle large market crashes, invasions, occupations, social progressiveness, post-recession economic growth these days, compared to it's European peers... tell me, what is it especially good at these days? I like the USA, but you guys clearly have a lot to fix to catch up! True progressiveness will only come about whenever most people admit your system is inferior. Protecting a delusion won't help you, it'll only cripple your nations in years to come.
by Ad Nihilo » Sat Aug 14, 2010 3:44 pm
Techno-Soviet wrote:Glorious Homeland wrote:Oh, so you're changing the topic, because you won't admit the USA isn't as economically powerful as the EU? We with our national health services and welfare states are apparently better at economic growth than "land of the free" USA? Go on... say it. Your own economic and social systems are unfortunately flawed, not progressive, in terms of income inequality OR GDP growth. The USA can't handle large market crashes, invasions, occupations, social progressiveness, post-recession economic growth these days, compared to it's European peers... tell me, what is it especially good at these days? I like the USA, but you guys clearly have a lot to fix to catch up! True progressiveness will only come about whenever most people admit your system is inferior. Protecting a delusion won't help you, it'll only cripple your nations in years to come.
TRUE SOCIAL PROGRESSIVES BAN THE HIJAB AND HATE ON ISLAM!
JUST LOOK AT EUROPE!
by EvilDarkMagicians » Sat Aug 14, 2010 3:47 pm
Techno-Soviet wrote:Glorious Homeland wrote:Oh, so you're changing the topic, because you won't admit the USA isn't as economically powerful as the EU? We with our national health services and welfare states are apparently better at economic growth than "land of the free" USA? Go on... say it. Your own economic and social systems are unfortunately flawed, not progressive, in terms of income inequality OR GDP growth. The USA can't handle large market crashes, invasions, occupations, social progressiveness, post-recession economic growth these days, compared to it's European peers... tell me, what is it especially good at these days? I like the USA, but you guys clearly have a lot to fix to catch up! True progressiveness will only come about whenever most people admit your system is inferior. Protecting a delusion won't help you, it'll only cripple your nations in years to come.
TRUE SOCIAL PROGRESSIVES BAN THE HIJAB AND HATE ON ISLAM!
JUST LOOK AT EUROPE!
by Vetalia » Sat Aug 14, 2010 3:54 pm
Ad Nihilo wrote:And second, the Japanese miracle came to a halt because of an asset price bubble. So quite arguably, because of a lack of necessary regulation, rather than excessive government intervention.
And third, to this day, 2 lost decades later, the average Japanese person is quite well off, and there is no rampant unemployment. Do you think an economy like the US can ever achieve such low unemployment over two decades of barely any growth?
by Glorious Homeland » Sat Aug 14, 2010 3:59 pm
New Dracora wrote:Glorious Homeland wrote:The Economist
http://economist.com/blogs/freeexchange/2010/08/europes_economies?fsrc=scn/fb/wl/bl/turbocharged
BBC News
http://www.bbc.co.uk/news/business-10962017
Well, they may as well given recent figures. Except Portugal, Spain and especially Greece...
What's that America? A group of countries with large spending on universal healthcare and welfare policies are growing much faster economically post-recession than you? *dances*
Australia doesn't care and neither do our Chinese masters.
Good troll thread though. 'bout a 7 out of 10.
EvilDarkMagicians wrote:Techno-Soviet wrote:Glorious Homeland wrote:Oh, so you're changing the topic, because you won't admit the USA isn't as economically powerful as the EU? We with our national health services and welfare states are apparently better at economic growth than "land of the free" USA? Go on... say it. Your own economic and social systems are unfortunately flawed, not progressive, in terms of income inequality OR GDP growth. The USA can't handle large market crashes, invasions, occupations, social progressiveness, post-recession economic growth these days, compared to it's European peers... tell me, what is it especially good at these days? I like the USA, but you guys clearly have a lot to fix to catch up! True progressiveness will only come about whenever most people admit your system is inferior. Protecting a delusion won't help you, it'll only cripple your nations in years to come.
TRUE SOCIAL PROGRESSIVES BAN THE HIJAB AND HATE ON ISLAM!
JUST LOOK AT EUROPE!
Ignore all the other social progressions European countries have made...
by Conservative Alliances » Sat Aug 14, 2010 4:13 pm
Glorious Homeland wrote:New Dracora wrote:Glorious Homeland wrote:The Economist
http://economist.com/blogs/freeexchange/2010/08/europes_economies?fsrc=scn/fb/wl/bl/turbocharged
BBC News
http://www.bbc.co.uk/news/business-10962017
Well, they may as well given recent figures. Except Portugal, Spain and especially Greece...
What's that America? A group of countries with large spending on universal healthcare and welfare policies are growing much faster economically post-recession than you? *dances*
Australia doesn't care and neither do our Chinese masters.
Good troll thread though. 'bout a 7 out of 10.
It's not a troll thread damnit! Since when does proving that the USA's economic-social system isn't the best trolling?! Because anything that is a proof or justified criticism of the USA a troll? Bah.
Rhodmhire wrote:I love you.
Liuzzo wrote:Conversely Conservative Alliances, Vetalia, and others make terrific arguments that people may not agree with but you can discuss.
Glorious Homeland wrote:Although some individuals provided counter-points which tended to put to bed a few of my previous statements (conservative alliances, zoingo)
by Ad Nihilo » Sat Aug 14, 2010 4:23 pm
Vetalia wrote:Ad Nihilo wrote:And second, the Japanese miracle came to a halt because of an asset price bubble. So quite arguably, because of a lack of necessary regulation, rather than excessive government intervention.
A significant part of it was due to excessive government intervention rather than lack of regulation; the government was far too intertwined with the kereitsu and the banks and so they willingly primed the pump of credit to keep the economy expanding at a rapid pace despite clear signs that a bubble was building. Once it burst, those same entanglements stymied a realistic response to the crisis (namely, letting firms fail); the result was that trillions of yen were pumped in to zombie firms that were effectively bankrupt but were kept afloat by government.
Not surprisingly, these firms contributed nothing to economic recovery and sucked away resources that could have been better allocated elsewhere; combine that with the extreme amount of debt the country had generated and it's not surprising that they've been stagnant for such a long time (along with demographic problems).
The situation is similar in China, although there are some key differences. In some ways, China today has more in common with Japan in the 1960's than anything else...the real test will come later once the economy has reached economic maturity.
And third, to this day, 2 lost decades later, the average Japanese person is quite well off, and there is no rampant unemployment. Do you think an economy like the US can ever achieve such low unemployment over two decades of barely any growth?
No, true, but we also don't have a stagnant/declining population and massive restrictions on all forms of immigration. Japan's unemployment rate is low because their labor force has been pretty stable for a long time; of course, that low unemployment also conceals the fact that the quality of jobs has deteriorated alongside job security and benefits. Many Japanese workers today are glorified temps in all but name; this systemic shift towards more temporary employment will have negative consequences down the line.
by Glorious Homeland » Sat Aug 14, 2010 5:19 pm
Conservative Alliances wrote:Glorious Homeland wrote:New Dracora wrote:Glorious Homeland wrote:The Economist
http://economist.com/blogs/freeexchange/2010/08/europes_economies?fsrc=scn/fb/wl/bl/turbocharged
BBC News
http://www.bbc.co.uk/news/business-10962017
Well, they may as well given recent figures. Except Portugal, Spain and especially Greece...
What's that America? A group of countries with large spending on universal healthcare and welfare policies are growing much faster economically post-recession than you? *dances*
Australia doesn't care and neither do our Chinese masters.
Good troll thread though. 'bout a 7 out of 10.
It's not a troll thread damnit! Since when does proving that the USA's economic-social system isn't the best trolling?! Because anything that is a proof or justified criticism of the USA a troll? Bah.
Maybe if you did not make such a bold statement arrogantly using the term "laugh" and try to say that your weak evidence is proof of the inherent inferiority of the most powerful economy in the world and then proceed to *dance*, this would be taken more seriously. It's either trolling or wishful thinking.
by SaintB » Sat Aug 14, 2010 5:25 pm
Glorious Homeland wrote:Conservative Alliances wrote:Glorious Homeland wrote:New Dracora wrote:Glorious Homeland wrote:The Economist
http://economist.com/blogs/freeexchange/2010/08/europes_economies?fsrc=scn/fb/wl/bl/turbocharged
BBC News
http://www.bbc.co.uk/news/business-10962017
Well, they may as well given recent figures. Except Portugal, Spain and especially Greece...
What's that America? A group of countries with large spending on universal healthcare and welfare policies are growing much faster economically post-recession than you? *dances*
Australia doesn't care and neither do our Chinese masters.
Good troll thread though. 'bout a 7 out of 10.
It's not a troll thread damnit! Since when does proving that the USA's economic-social system isn't the best trolling?! Because anything that is a proof or justified criticism of the USA a troll? Bah.
Maybe if you did not make such a bold statement arrogantly using the term "laugh" and try to say that your weak evidence is proof of the inherent inferiority of the most powerful economy in the world and then proceed to *dance*, this would be taken more seriously. It's either trolling or wishful thinking.
Second largest compared to the EU*. I'm just sick of some Americans on this forum going on about how their economic system is golden, and how apparently universal welfare and healthcare would cripple their shiny system, while the European alternative trundles along happily, and now doing better at recovering economically from crisis than the USA itself, with it's supposedly gutsy and bounce-back economics. It clearly must be inferior if it's growing less than a much more left-wing European collective average, and has much less in the way of debt as a percentage of GDP and government programmes and obligations like healthcare or welfare. Those Americans who remain boastful and ignorant about their nation's economic strengths and weaknesses comparatively still are locked in their indoctrinated manifest destiny state of mind regarding how the USA is and compares to the wider world.
Notice how not a single comment here from any American has been even slightly accepting of the possibility that the USA is anything but #1? This proves my point given the figures cited across the board from both sides. In order for the USA to improve and transcend, it's people must break out of their delusional and egocentric mindset regarding their own supposed superiority. This is the only way they will do anything but fan the flames of their own destruction. But given how apparently any criticism of the USA equal to the intensity of the manifest destiny superiority crap often spouted is "trolling", well; clearly it won't be long before the USA is on a downward spiral. That was the same arrogance and ignorance that led to the weakening and collapse of the British empire. The elite got too cocky, too naive about the world around them, and so as it changed they failed to adapt and brought the system with them, to extinction.
by Glorious Homeland » Sat Aug 14, 2010 5:43 pm
by Conservative Alliances » Sat Aug 14, 2010 6:30 pm
Glorious Homeland wrote:Second largest compared to the EU*.
I'm just sick of some Americans on this forum going on about how their economic system is golden, and how apparently universal welfare and healthcare would cripple their shiny system, while the European alternative trundles along happily, and now doing better at recovering economically from crisis than the USA itself, with it's supposedly gutsy and bounce-back economics.
It clearly must be inferior if it's growing less than a much more left-wing European collective average, and has much less in the way of debt as a percentage of GDP and government programmes and obligations like healthcare or welfare. Those Americans who remain boastful and ignorant about their nation's economic strengths and weaknesses comparatively still are locked in their indoctrinated manifest destiny state of mind regarding how the USA is and compares to the wider world.
Notice how not a single comment here from any American (unless call to power is, but I think he's british) has been even slightly accepting of the possibility that the USA is anything but #1? This proves my point given the figures cited across the board from both sides. In order for the USA to improve and transcend, it's people must break out of their delusional and egocentric mindset regarding their own supposed superiority. This is the only way they will do anything but fan the flames of their own destruction. But given how apparently any criticism of the USA equal to the intensity of the manifest destiny superiority crap often spouted is "trolling", well; clearly it won't be long before the USA is on a downward spiral. That was the same arrogance and ignorance that led to the weakening and collapse of the British empire. The elite got too cocky, too naive about the world around them, and so as it changed they failed to adapt and brought the system with them, to extinction.
Rhodmhire wrote:I love you.
Liuzzo wrote:Conversely Conservative Alliances, Vetalia, and others make terrific arguments that people may not agree with but you can discuss.
Glorious Homeland wrote:Although some individuals provided counter-points which tended to put to bed a few of my previous statements (conservative alliances, zoingo)
by Vetalia » Sat Aug 14, 2010 6:52 pm
Ad Nihilo wrote:I never said government was completely innocent of involvement in the issue. But the need for business credit to keep the economy expanding was a reasonable political end, and it should have been pursued as it was. It was negligent, however, not to compensate for this with adequate regulation to prevent the "unavoidable" asset price inflation in the property and assets markets, by, for example, putting serious curbs on speculative investment.
As I mentioned in a different post above, I consider that the right course of action, while the economy is unwinding from the bubble. People usually prefer economic stability to economic fluctuation in the hope of greater growth in pretty much every country apart from the US. Given Japan's culture, it's really not that surprising that they prefer it as well.
Agreed. Though I seem to be more inclined than you to believe that China has actually learnt from the Japanese experience.
I suppose given the context of demographics, Japan would then be far more comparable with European economies. Yet it does significantly better in terms of unemployment that those as well (also it seems that their immigration policy has a lot more to do with xenophobia than with concern for unemployment). And glorified temps or not, they have an underlying culture of workplace loyalty, and effectively higher workplace security than in the West, where for some reason a dynamic economy requires a dynamic labour market (whereas the Japanese seem to have been able to make without the latter quite successfully for a long time). And surely everybody working less, but being employed and not on welfare is preferable to 10-20% unemployment under any social consideration.
by The blessed Chris » Sat Aug 14, 2010 6:55 pm
Glorious Homeland wrote:Arthropoda Ingens wrote:Are you illiterate or something?Glorious Homeland wrote:Arthropoda Ingens wrote:There's only a minority that gives a shit about Europe's supposed 'Progressiveness', and a large part of said minority just so happens to consist of left-ish Americans.Conserative Morality wrote:Glorious Homeland wrote:What's that America? A group of countries with large spending on universal healthcare and welfare policies are growing much faster economically post-recession than you? *dances*
What's that Europe? A group of supposedly 'progressive' countries experiencing massive xenophobia to the point of considering oppression of minorities?
A good European majority will happily cheer you on if you mock said American left-ish folks for their delusional rose-tinted view of Europe.
Oh, I don't know; we can apparently manage large welfare systems that empower the poor, reduce income inequality, raise opportunity, and yet also grow faster post-recession AND have a bigger GDP than the USA? How is that rose-tinted?
Unless you're measuring American success in terms of negative growth and income inequality? That must be it.
The point is that recent figures are proving American's economic approach inferior to ours, in general. We can be progressive socially and economically progressive too. Why can't the USA be both? Lazy Americans? That's what the right put the poor down to anyway isn't it? Laziness, I guess Americans must just be much lazier than the average European, if they can't manage decent social provisions and economic expansion?Conserative Morality wrote:Glorious Homeland wrote:The EU already is a greater economic force than the USA.
http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)
IMF GDP estimates 2009
EU: 16.4trl USD
USA: 14.2trl USD
Given the enlargement of the EU into eastern Europe, strong growth can be expected in future years as well, and the growth we're seeing here is being led by Germany too. So, basically you're talking shit
The EU is hardly a united force. You can't compare a loose collection of States and the USA.
It can be compared in many ways, like GDP, economic growth and such. The point is that the one thing those in the USA who are scathing about across the pond; the economy, and how apparently the USA's more laissez faire economics is superior, and how the welfare system and things like universal healthcare will break or bankrupt a state or make it economically less powerful? Recent figures disagree with that assessment.The Bleeding Roses wrote:Glorious Homeland wrote:The Bleeding Roses wrote:They can grow at that rate for decades and not match the US economically...
The EU already is a greater economic force than the USA.
http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)
IMF GDP estimates 2009
EU: 16.4trl USD
USA: 14.2trl USD
Given the enlargement of the EU into eastern Europe, strong growth can be expected in future years as well, and the growth we're seeing here is being led by Germany too. So, basically you're talking shit
1 country versus 44747747474 countries...
Ill take my chances.
Oh, so you're changing the topic, because you won't admit the USA isn't as economically powerful as the EU? We with our national health services and welfare states are apparently better at economic growth than "land of the free" USA? Go on... say it. Your own economic and social systems are unfortunately flawed, not progressive, in terms of income inequality OR GDP growth. The USA can't handle large market crashes, invasions, occupations, social progressiveness, post-recession economic growth these days, compared to it's European peers... tell me, what is it especially good at these days? I like the USA, but you guys clearly have a lot to fix to catch up! True progressiveness will only come about whenever most people admit your system is inferior. Protecting a delusion won't help you, it'll only cripple your nations in years to come.
by Caninope » Sat Aug 14, 2010 7:01 pm
Glorious Homeland wrote:The USA is divided between states, much like the EU is divided between states. At best the EU could be described as a loose confederation, but it is fundamentally a union like the USA; and while the differences between countries is much greater than between US states, it's more accurate to compare the EU to USA on macro-economic levels than the USA to Germany, given more relative populations, land mass, GDP, etc. That's not what's the main point of discussion, the difference between them is generally almost all European nations are managed with a much more left-wing budget and expenditure than the USA.
Agritum wrote:Arg, Caninope is Captain America under disguise. Everyone knows it.
Frisivisia wrote:Me wrote:Just don't. It'll get you a whole lot further in life if you come to realize you're not the smartest guy in the room, even if you probably are.
Because Caninope may be in that room with you.
Nightkill the Emperor wrote:Thankfully, we have you and EM to guide us to wisdom and truth, holy one. :p
Norstal wrote:What I am saying of course is that we should clone Caninope.
by Zoingo » Sat Aug 14, 2010 9:40 pm
JarVik wrote:Hmn, since Canada was neglected (shocker) in the OP's articles I was curious to see how the great white north was doing, and of course see how my e-peinus by GDP proxy was doing.
Hmn... turns Canada has the US and EU beat with a 3.5% GDP growth rate between Jan and July. Take that Lithuania! http://www.tradingeconomics.com/Economics/GDP-Growth.aspx?Symbol=CAD
Of course the recession has been pretty mild in Canada http://worthwhile.typepad.com/.a/6a00d83451688169e20133f2e60d88970b-pi
Particularily compared to the US reccession http://calculatedriskimages.blogspot.com/2010/08/employment-recessions-july-2010.html Geez that's nasty looking.
Of course as more informed minds than mine have pointed out Canada's growth is likely to stagnate at some point if the US doesn't claw its way out soon since they are our (Canada's) biggest trading partner....and they might buy less of our stuff at some point.
Probably shouldn't try to calculate when Canada overtakes USA and the EU as the economic power of the Western world just yet....
Ad Nihilo wrote:And second, the Japanese miracle came to a halt because of an asset price bubble. So quite arguably, because of a lack of necessary regulation, rather than excessive government intervention.
Glorious Homeland wrote:I'm just sick of some Americans on this forum going on about how their economic system is golden, and how apparently universal welfare and healthcare would cripple their shiny system, while the European alternative trundles along happily, and now doing better at recovering economically from crisis than the USA itself, with it's supposedly gutsy and bounce-back economics.
It clearly must be inferior if it's growing less than a much more left-wing European collective average, and has much less in the way of debt as a percentage of GDP and government programmes and obligations like healthcare or welfare. Those Americans who remain boastful and ignorant about their nation's economic strengths and weaknesses comparatively still are locked in their indoctrinated manifest destiny state of mind regarding how the USA is and compares to the wider world.
Notice how not a single comment here from any American (unless call to power is, but I think he's british) has been even slightly accepting of the possibility that the USA is anything but #1? This proves my point given the figures cited across the board from both sides. In order for the USA to improve and transcend, it's people must break out of their delusional and egocentric mindset regarding their own supposed superiority.
The elite got too cocky, too naive about the world around them, and so as it changed they failed to adapt and brought the system with them, to extinction.
by Weathergeeks » Sat Aug 14, 2010 9:42 pm
by Weathergeeks » Sat Aug 14, 2010 9:58 pm
Glorious Homeland wrote:
Notice how not a single comment here from any American (unless call to power is, but I think he's british) has been even slightly accepting of the possibility that the USA is anything but #1? This proves my point given the figures cited across the board from both sides. In order for the USA to improve and transcend, it's people must break out of their delusional and egocentric mindset regarding their own supposed superiority. This is the only way they will do anything but fan the flames of their own destruction. But given how apparently any criticism of the USA equal to the intensity of the manifest destiny superiority crap often spouted is "trolling", well; clearly it won't be long before the USA is on a downward spiral. That was the same arrogance and ignorance that led to the weakening and collapse of the British empire. The elite got too cocky, too naive about the world around them, and so as it changed they failed to adapt and brought the system with them, to extinction.
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