tag:blogger.com,1999:blog-4102429195693595750.post3052959031602654303..comments2024-03-22T05:15:17.042+02:00Comments on Sudden Debt: Hellasioushttp://www.blogger.com/profile/03564511281240682625noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-4102429195693595750.post-40380060013820946882008-09-26T13:01:00.000+03:002008-09-26T13:01:00.000+03:00nikedao妮可鞋岛adidasnike运动鞋nikedao妮可鞋岛adidasnike运动鞋ni...<B><A HREF="http://www.nikedao.com" REL="nofollow">nikedao</A></B><BR/><B><A HREF="http://www.nikedao.com" REL="nofollow">妮可鞋岛</A></B><BR/><B><A HREF="http://www.nikedao.com" REL="nofollow">adidas</A></B><BR/><B><A HREF="http://www.nikedao.com" REL="nofollow">nike</A></B><BR/><B><A HREF="http://www.nikedao.com" REL="nofollow">运动鞋</A></B><B><A HREF="http://www.nikedao.com" REL="nofollow">nikedao</A></B><BR/><B><A HREF="http://www.nikedao.com" REL="nofollow">妮可鞋岛</A></B><BR/><B><A HREF="http://www.nikedao.com" REL="nofollow">adidas</A></B><BR/><B><A HREF="http://www.nikedao.com" REL="nofollow">nike</A></B><BR/><B><A HREF="http://www.nikedao.com" REL="nofollow">运动鞋</A></B><B><A HREF="http://www.nikedao.com" REL="nofollow">nikedao</A></B><BR/><B><A HREF="http://www.nikedao.com" REL="nofollow">妮可鞋岛</A></B><BR/><B><A HREF="http://www.nikedao.com" REL="nofollow">adidas</A></B><BR/><B><A HREF="http://www.nikedao.com" REL="nofollow">nike</A></B><BR/><B><A HREF="http://www.nikedao.com" REL="nofollow">运动鞋</A></B>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-75471020327944824612006-12-22T18:46:00.000+02:002006-12-22T18:46:00.000+02:00Thanks for your input Mike.
Who knows how it will...Thanks for your input Mike.<br /><br />Who knows how it will all play out..I just tell a fish story. Now, if there will be someone around to make them fishes multiply (along with some loaves) to feed the hungry...who knows ?-)<br /><br />Debt will be destroyed - that's for sure. Unfortunately, there is no silver bullet to both kill the debt and provide succor to the people. ALL choices will be bad. However, if we start right away on renouncing the phoney economy and replacing it with a real one we may have a chance to at least mitigate the worst effects. What is interesting to me about creating a new energy regime is that it combines both an energy/environmental aspect (overcoming peak oil and global warming) AND an economic one (provide economic impetus).<br /><br />Politicians could eventually do what voters want - IF the voters, as you said, threaten loudly enough to vote them out. And there's is the rub..can we change our national "wants" before we fall flat on out faces? I can only tell fish tales and hope. <br /><br />...and keep those 2 cents. They are worth more already - who could have thunk it? A penny saved is..a penny point twenty seven earned.<br /><br />RegardsHellasioushttps://www.blogger.com/profile/03564511281240682625noreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-48368300487045705932006-12-22T15:19:00.000+02:002006-12-22T15:19:00.000+02:00Hi Hellasious,
I really enjoyed reading and lookin...Hi Hellasious,<br />I really enjoyed reading and looking at your facts on debt, the economy and the general state of things. While I agree with you on what should be done to turn things around, I am almost certain that won't be the way it will play out in the end.<br />Politicians make ...well, policies and a lot of $$ at the side. Always have been, always will be. Now look at the main bread givers of the upper echelon of politicians. Big business; in particular oil, financial and military interests. You say we can vote them out? The problem is there's nobody else to vote in. They are all marionettes of big business, no exception. Nothing will change until we fall flat on our collective face. By that time it will be too late to make the investments necessary to implement the ideas you're talking about. (points 1-5 on 12-20-06)<br />I also disagree with your statement that "we" can't inflate our way out of the debt.<br />1. Most adjustable rate loans are capped at some finite rate, usually 10-15%. So some derivate traders might loose their shirt...big deal<br />2. A massive recession will ensue six or half-dozen the other. If we’re going to have a 1930’s style recession we might as well wipe out our debt in the process.<br />3. The almighty petro-dollar is already crumbling, like it or not. We are largely unable to control this development at present. Our global reputation is tarnished by debt and the destruction of our manufacturing base; international investors are already “diversifying”.<br />4. We could pass laws that make it illegal for foreigner to acquire American assets. Some countries have such laws in place. Knowing our politicians, they’ll gladly have a going-out-of-business sale as long as they can make a buck on it.<br />5. Money by the barrel baby, money by the barrel.<br /><br />Sorry to have a bit pessimistic outlook on things in the US of A. Other countries (Sweden and Germany for example) seem to have understood the signs of the time. We will hold on to our non-negotiable lifestyle till the bitter end. <br />Just my 2 cents<br />MikeAnonymousnoreply@blogger.com