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BREAKING: US AAA credit rating downgraded

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Re: BREAKING: US AAA credit rating downgraded

Postby timmac » Sat 06 Aug 2011, 21:16:24

$this->bbcode_second_pass_quote('americandream', '
')That's the whole point with trend seeking systems on the brink of a breakout....all over nature. As the edge of the breakout zone is approached, the tendency for wild fluctuations increases. In other words, I view increasingly colder winters and hotter summers with concern. Pull up any chart....from the financial world to climate and note the tendency for volatilty at the edge of trend breakouts.

In fact, we are just as likely to descend into a thousand year ice age before being thrust into a hellish nightmare of oven like temperatures as we are to breakout directly into the hotter zone. No one knows and will never know as these trend shifts are beyond our capabilities. Of course, adding half wit Poles to the process that is driving this increasing volatility has not helped much.


Eh gads, I actually agree with your statement for a change, I hope I am not turning communist..
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Re: BREAKING: US AAA credit rating downgraded

Postby Daniel_Plainview » Sat 06 Aug 2011, 21:25:44

$this->bbcode_second_pass_quote('eXpat', '
')China to US the good old days of borrowing are over
$this->bbcode_second_pass_quote('', ' ') “The U.S. government has to come to terms with the painful fact that the good old days when it could just borrow its way out of messes of its own making are finally gone,” China’s official Xinhua news agency said in a commentary.

Image

The end of an era ... Good riddance ...
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Re: BREAKING: US AAA credit rating downgraded

Postby AgentR11 » Sat 06 Aug 2011, 21:29:26

$this->bbcode_second_pass_quote('PrestonSturges', 'T')hat's why conservatives are unable to formulate anything resembling a policy - they are too busy attacking the things that they do obsessively themselves.


I'm perfectly able to formulate and discuss policy; that you do not approve of my policy preferences is a separate issue, but I see no reason that I should find your objections to be something worthy of prohibition.
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Re: BREAKING: US AAA credit rating downgraded

Postby americandream » Sat 06 Aug 2011, 21:34:17

$this->bbcode_second_pass_quote('timmac', '')$this->bbcode_second_pass_quote('americandream', '
')That's the whole point with trend seeking systems on the brink of a breakout....all over nature. As the edge of the breakout zone is approached, the tendency for wild fluctuations increases. In other words, I view increasingly colder winters and hotter summers with concern. Pull up any chart....from the financial world to climate and note the tendency for volatilty at the edge of trend breakouts.

In fact, we are just as likely to descend into a thousand year ice age before being thrust into a hellish nightmare of oven like temperatures as we are to breakout directly into the hotter zone. No one knows and will never know as these trend shifts are beyond our capabilities. Of course, adding half wit Poles to the process that is driving this increasing volatility has not helped much.


Eh gads, I actually agree with your statement for a change, I hope I am not turning communist..


Cause and effect.
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Re: BREAKING: US AAA credit rating downgraded

Postby americandream » Sat 06 Aug 2011, 21:37:40

$this->bbcode_second_pass_quote('Daniel_Plainview', '')$this->bbcode_second_pass_quote('eXpat', '
')China to US the good old days of borrowing are over
$this->bbcode_second_pass_quote('', ' ') “The U.S. government has to come to terms with the painful fact that the good old days when it could just borrow its way out of messes of its own making are finally gone,” China’s official Xinhua news agency said in a commentary.

Image

The end of an era ... Good riddance ...


Behind Xinhua speaks the Western elite that run the country. In other words, prepare yourselves for the whittling back of the American state and its services (and social democracy in the West generally.). Of course, this fate awaits China and the last remnants of its socialised era.....its managers are evidently falling in line having approved this release.
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Re: BREAKING: US AAA credit rating downgraded

Postby SeaGypsy » Sat 06 Aug 2011, 21:41:20

$this->bbcode_second_pass_quote('', 'e')Xpat wrote:
China to US the good old days of borrowing are over
“The U.S. government has to come to terms with the painful fact that the good old days when it could just borrow its way out of messes of its own making are finally gone,” China’s official Xinhua news agency said in a commentary.


The end of an era ... Good riddance ...


Wanna bet? They will still be lending you money, this is just propoganda, the USA is still the biggest business in town and will be for some time yet.
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Re: BREAKING: US AAA credit rating downgraded

Postby careinke » Sat 06 Aug 2011, 21:45:10

$this->bbcode_second_pass_quote('Cid_Yama', 'E')xcuse me, how does my comment about tearing down the border wall, to the Republicans that are all concerned about it, show me as a rascist?

We are coming down to their economic level.

They can start building their maquiladoras on this side of the border now.



The world is coming to an end within the next decade or so due to massive quantities of methane being released from the ESAS.

But our remaining time could have been spent as a first world nation, instead of a failed state.

Damned Morons.



Wow you ARE a racist. Amazing
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Re: BREAKING: US AAA credit rating downgraded

Postby Keith_McClary » Sat 06 Aug 2011, 21:46:40

$this->bbcode_second_pass_quote('SeaGypsy', 'S')eems there will be a bloodbath on Monday.
It should be evident by midday Monday Singapore time how badly things are likely to go this week.

Will the world's last communist state now have to bail out the capitalist West?$this->bbcode_second_pass_quote('', 's')tock markets may have discounted the downgrade
Ho hum, we were expecting this? Bold predictions for Monday close, anyone?

$this->bbcode_second_pass_quote('', 'S')o all eyes turn to China, the world’s second biggest economy which holds about 65 per cent of its $3 trillion reserves in dollars, mainly in US government bonds. If the post-Cold War global system dominated by America is stumbling into its final act, can the new economic superpower step forward – or will the last major state ruled by a communist party leave the West to stew in its own juice?
...
Beijing was busy this weekend wagging a disapproving finger at the superpower across the Pacific.

‘The US government has to come to terms with the painful fact that the good old days when it could just borrow its way out of messes of its own making are finally gone,’ the state news agency Xinhua thundered, demanding that the US address its structural debt problems and ensure the safety of the dollar assets held by Beijing.

Ironically for a nominally communist state, it wants Washington to cut social spending along with military spending (which would be of obvious attraction to the People’s Liberation Army as it seeks to muscle in on the US-dominated security system in Asia).
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Re: BREAKING: US AAA credit rating downgraded

Postby americandream » Sat 06 Aug 2011, 21:47:08

$this->bbcode_second_pass_quote('SeaGypsy', '')$this->bbcode_second_pass_quote('', 'e')Xpat wrote:
China to US the good old days of borrowing are over
“The U.S. government has to come to terms with the painful fact that the good old days when it could just borrow its way out of messes of its own making are finally gone,” China’s official Xinhua news agency said in a commentary.


The end of an era ... Good riddance ...


Wanna bet? They will still be lending you money, this is just propoganda, the USA is still the biggest business in town and will be for some time yet.


Bingo! In fact, theres money to be made in the convulsions that follow this (hollow) downgrade. I'll be watching my charts like an eager beaver next week.
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Re: BREAKING: US AAA credit rating downgraded

Postby americandream » Sat 06 Aug 2011, 21:48:33

$this->bbcode_second_pass_quote('careinke', '')$this->bbcode_second_pass_quote('Cid_Yama', 'E')xcuse me, how does my comment about tearing down the border wall, to the Republicans that are all concerned about it, show me as a rascist?

We are coming down to their economic level.

They can start building their maquiladoras on this side of the border now.



The world is coming to an end within the next decade or so due to massive quantities of methane being released from the ESAS.

But our remaining time could have been spent as a first world nation, instead of a failed state.

Damned Morons.



Wow you ARE a racist. Amazing


The first world nation bit is puzzling I have to admit. Smacks of exceptionalism.
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Re: BREAKING: US AAA credit rating downgraded

Postby PrestonSturges » Sat 06 Aug 2011, 21:51:58

$this->bbcode_second_pass_quote('Outcast_Searcher', '')$this->bbcode_second_pass_quote('PrestonSturges', '
')And isn't it conservatives that are in a constant state of rage because liberals say thing that they find unacceptable, or because liberals swear too much, or because liberals refuse to acknowledge that Jesus endorses all their positions. That is their own brand of political correctness when they wrap policy in religion and then demand nobody contradict them.

That's why conservatives are unable to formulate anything resembling a policy - they are too busy attacking the things that they do obsessively themselves.

"Behold, I can SEE!", sayeth the blind man.

If you swich liberal and concervative in the above rant, and use Unions in place of Jesus, and wealth redistribution in place of religion -- then liberals are as guilty as conservatives.

Of course, you could never admit that, because you are "pure and good and correct"! You get your ideas from MSNBC, where brilliant and unbiased people like Ed Shulz and his ilk spew stupidity that is no better (just different) than what one can find on Fox News.

Congratulations on displaying your personal (unbaised, of course) state of rage. We're all so enlightened now. :razz:

Congratulations on your telepathy and superpowers. This is another common conservative belief. Notice how sure of yourself you are because you just know what the other person is thinking? How convenient for you!

Unions and Jesus hold equivalent positions? Brilliant. Really, how many liberals would find it compulsory to call Jesus a "cancer" to get elected, the way many conservatives have to bash unions pander to their base? Or do a partial set down of the FAA? You can do better, take your time.

Besides, if everything is equivalent, why do you even care? That's a puzzler.
Last edited by PrestonSturges on Sat 06 Aug 2011, 21:55:15, edited 1 time in total.
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Re: BREAKING: US AAA credit rating downgraded

Postby americandream » Sat 06 Aug 2011, 21:54:14

$this->bbcode_second_pass_quote('Keith_McClary', '')$this->bbcode_second_pass_quote('SeaGypsy', 'S')eems there will be a bloodbath on Monday.
It should be evident by midday Monday Singapore time how badly things are likely to go this week.

Will the world's last communist state now have to bail out the capitalist West?$this->bbcode_second_pass_quote('', 's')tock markets may have discounted the downgrade
Ho hum, we were expecting this? Bold predictions for Monday close, anyone?

$this->bbcode_second_pass_quote('', 'S')o all eyes turn to China, the world’s second biggest economy which holds about 65 per cent of its $3 trillion reserves in dollars, mainly in US government bonds. If the post-Cold War global system dominated by America is stumbling into its final act, can the new economic superpower step forward – or will the last major state ruled by a communist party leave the West to stew in its own juice?
...
Beijing was busy this weekend wagging a disapproving finger at the superpower across the Pacific.

‘The US government has to come to terms with the painful fact that the good old days when it could just borrow its way out of messes of its own making are finally gone,’ the state news agency Xinhua thundered, demanding that the US address its structural debt problems and ensure the safety of the dollar assets held by Beijing.

Ironically for a nominally communist state, it wants Washington to cut social spending along with military spending (which would be of obvious attraction to the People’s Liberation Army as it seeks to muscle in on the US-dominated security system in Asia).


Seeing as American capitalists changed China over to the American way, China's economic conservatism is hardly surprising. If enough of the world jumps in on the need to prune back spending, that sets the stage for drastic cuts in service spending, paves the way for the changes and of course, sets the stage for even more tax cuts. Then expect the focus to shift East as Chinese and Indian workers get to deal with their own "crises" once this has settled and we get used to paying for everything including having our waste flushed.
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Re: BREAKING: US AAA credit rating downgraded

Postby Cid_Yama » Sat 06 Aug 2011, 23:08:06

$this->bbcode_second_pass_quote('', 'T')he first world nation bit is puzzling I have to admit. Smacks of exceptionalism.


Yes, American exceptionalism. We have been the best colonialists in the world. We sucked the world dry taking a full quarter of it's resources for ourselves even though we only made up 5% of the population. And only a smidgin of that 5% actually got any of it.

We pulled off the biggest concentration of wealth in the history of the world. Capitalists everywhere should be proud.(or envious) Our Pirate ancestors are smiling down on us right now.

Too bad it's over. When the rest of the world takes it all back, and we only get a small percentage of the resources we once considered our own, our people will starve. Well at least the poor ones, the ones that were fooled into thinking Middle Class was a real thing. The ones that aspired to a dream of wealth in a rigged game that they lost just by playing.

If we are only getting 1/5 of what we were and the top 1% gets 90% of that, what's left? Not enough. What fools.

You let them do it. You even voted them into the House in the midterms so they could bend you over.

I reserve my compassion and pity for those that deserve it. You did it to yourselves, now you will watch your children die as a result of it.
Last edited by Cid_Yama on Sat 06 Aug 2011, 23:21:35, edited 1 time in total.
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Re: BREAKING: US AAA credit rating downgraded

Postby timmac » Sat 06 Aug 2011, 23:21:32

$this->bbcode_second_pass_quote('Cid_Yama', '
')You let them do it. You even voted them into the House in the midterms so they could bend you over.

I reserve my compassion and pity for those that deserve it. You did it to yourselves, now you will watch your children die as a result of it.


Cid yes Bush/Republicans and those before him did have this Country/Titanic heading into the direction of a large ice brig, but when Obama/Democrats took over the Helm in 08 did he turn away from that ice berg, Oh Hell No they said Full Steam Ahead..
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Re: BREAKING: US AAA credit rating downgraded

Postby americandream » Sat 06 Aug 2011, 23:23:38

$this->bbcode_second_pass_quote('Cid_Yama', '')$this->bbcode_second_pass_quote('', 'T')he first world nation bit is puzzling I have to admit. Smacks of exceptionalism.


Yes, American exceptionalism. We have been the best colonialists in the world. We sucked the world dry taking a full quarter of it's resources for ourselves even though we only made up 5% of the population. And only a smidgin of that 5% actually got any of it.

We pulled off the biggest concentration of wealth in the world. Capitalists everywhere should be proud.(or envious) Our Pirate ancestors are smiling down on us right now.

Too bad it's over. When the rest of the world takes it all back, and we only get a small percentage of the resources we once considered our own, our people will starve. Well at least the poor ones, the ones that were fooled into thinking Middle Class was a real thing. The ones that aspired to a dream of wealth in a rigged game that they lost just by playing.

If we are only getting 1/5 of what we were and the top 1% gets 90% of that, what's left? Not enough. What fools.

You let them do it. You even voted them into the House in the midterms so they could bend you over.

I reserve my compassion and pity for those that deserve it. You did it to yourselves, now you will watch your children die as a result of it.


Thats where I disagree with you. I don't think that Nixon gave the Chinese, Taiwan's Security Council seat, only to see Deng conveniently appear on the scene to take Mao's place, without there having been some agreement for American capitalists to benefit from the new rapproachment..... access to China's compliant labour force.

Hence, whilst Joe Blow America may well be on the slippery slope to an unexceptional lifestyle, I also happen to believe that Joe Blow worldwide including China is headed that way BUT that the "we" America who set the stage for the contemporary world are doing very well. They left the British Isles to stake a place in the New World, they ascended to the top of that new and idealised republic, they fought a brutal Cold War and; ourtsmarted the communists in China only to make the place the most profitable venture known since the rise of production line manufacturing, and; beat the shit out of the Soviets in '80's USSR, reducing that super nation to a rump of gangster republics.

Quite some achievement and one that suggests to me that they are anything but not at the top. I don't know how far up the diplomatic food chain you were, but I should not be having to tell you this stuff.
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Re: BREAKING: US AAA credit rating downgraded

Postby mattduke » Sat 06 Aug 2011, 23:24:35

When it had a small government and gold money, American capitalism flooded the world with products. Now it floods the world with paper.
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Re: BREAKING: US AAA credit rating downgraded

Postby americandream » Sat 06 Aug 2011, 23:26:00

$this->bbcode_second_pass_quote('mattduke', 'W')hen it had a small government, American used to flood the world with products. Now it floods the world with paper.


America still floods the world with products. They just happen to be made in China as you proved too costly as a worker.
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Re: BREAKING: US AAA credit rating downgraded

Postby mattduke » Sat 06 Aug 2011, 23:27:21

You get paid proportionate to what you produce, by definition.
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Re: BREAKING: US AAA credit rating downgraded

Postby Cid_Yama » Sat 06 Aug 2011, 23:33:27

Obama is one of yours. He's a Republican in Democrats clothing.

You are wrong about one thing.

When he took office he managed to pull us back from the big sucking sound even though we were rapidly spinning down the drain. It was nothing short of a miracle.

But instead of being thankful and building on that, the Republicans began punching holes in the boat, because they would rather drown than be saved by a black man.

I'm sick of all of it. It's all been a big sham that I'm actually a little happy to see come to this fitting end.

Maybe there is a just God.
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Re: BREAKING: US AAA credit rating downgraded

Postby americandream » Sat 06 Aug 2011, 23:35:42

$this->bbcode_second_pass_quote('mattduke', 'Y')ou get paid proportionate to what you produce, by definition.


Hmmmmmmm. I would suggest that you get rendered unemployed/unemployable proportionate to what someone else can produce.
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