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How's the US economy doing?

How's the US economy doing?

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Well? What do you think?

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If I was a global savings dealer, I'd be proud to have a junkie like the United States as my finest customer.

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Originally posted by AThousandYoung
Well? What do you think?
As long as there is a Republican President, the ecomony is doing terribly. If there were a Democrat in office, then the economy might be doing OK, but not necessarily.

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By 2050 - 2100 the US economy will sink to #2 behind India. I know that most people think China will be the next economic power but India has several advantages.
1. Much better financial markets.
2. No communist baggage to get rid of.
3. Greater freedom so the people there will be more innovative.

I used to think China would be the next economic power but after I have learned more about India I changed my mind.

What does everyone else think?

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1 edit
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Originally posted by AThousandYoung
Well? What do you think?
i read something about the deficits stacking up to be a problem ...
the government spends more than it earns, AND the country imports more than it exports ?!

apparently this is common practice during wartime ...

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I've read that WWII was a great boon to the American economy. Is Iraq going to have the same positive effect? Has it already? If not, when?

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An interesting article linking the dollar/euro to the US's need for war:
http://www.scottishsocialistvoice.net/pages/page10.html

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Originally posted by shavixmir
I think that too many people in India will be shite-ing their guts out on squat-bogs to make the country into anything great.

But that might just be the tourists.
You just cannot get away from faecal images whatever the topic under discussion. Your mind must be a regular sewer; full of it.

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Originally posted by rwingett
As long as there is a Republican President, the ecomony is doing terribly. If there were a Democrat in office, then the economy might be doing OK, but not necessarily.
yeah, by definition.

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Originally posted by Redmike
An interesting article linking the dollar/euro to the US's need for war:
http://www.scottishsocialistvoice.net/pages/page10.html
Here's a better one...
http://www.energybulletin.net/12125.html

D

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Originally posted by Redmike
An interesting article linking the dollar/euro to the US's need for war:
http://www.scottishsocialistvoice.net/pages/page10.html
Thanks for the input.

So far, my picture of the US economy is that it is an imperialistic one, leeching it's wealth in part from outsiders via manipulations of the dollar. This means that the economy will hold for a while, but is not stable in the long run, and is in direct competition with the EU.

If this is true, it's a stupid system. Anyone else have any input?

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Originally posted by AThousandYoung
Thanks for the input.

So far, my picture of the US economy is that it is an imperialistic one, leeching it's wealth in part from outsiders via manipulations of the dollar. This means that the economy will hold for a while, but is not stable in the long run, and is in direct competition with the EU.

If this is true, it's a stupid system. Anyone else have any input?
it sounds like you've been spending too much time on the forums and have been inoculated by euroweenies.

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some alternatives:

http://en.wikipedia.org/wiki/Command_economy
http://en.wikipedia.org/wiki/Socialist_economics
http://en.wikipedia.org/wiki/Welfare_state

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http://en.wikipedia.org/wiki/Economy_of_the_United_States