We're Screwed

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Re: We're Screwed

Postby AdJeCtIv3 » Fri Jun 12, 2009 2:35 pm

Well.. I do believe Australia is the only western nation not officially in recession.
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Re: We're Screwed

Postby Mr.Yankees » Fri Jun 12, 2009 4:50 pm

Let me remind everyone that the graph is an estimate and estimate can be wrong. Let me also remind you that we have had problems getting the money for the recovery plan. That's something not too many people know. The recovery plan has barely been put in effect.
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Re: We're Screwed

Postby Opakidabar » Fri Jun 12, 2009 5:29 pm

Mr.Yankees wrote:Let me also remind you that we have had problems getting the money for the recovery plan. That's something not too many people know. The recovery plan has barely been put in effect.

Was it necessary at all? And would it help?
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Re: We're Screwed

Postby Mr.Yankees » Fri Jun 12, 2009 5:41 pm

I am not an economist, I can't tell you whether it is needed or not. The most I can tell you based on information given to me by economists is that it has helped. Now, whether those economists are wrong or not, I don't know.

According to the latest information I have seen, the recovery plan is starting to make its effect felt. And a new recovery plan (not nearly as extensive as the last one) may be coming soon.
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Re: We're Screwed

Postby Sam » Fri Jun 12, 2009 6:24 pm

Khaler wrote:Except the Chinese. Those damn socialists are still having growth... damn five year olds :(

The Chinese are not socialists.
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Re: We're Screwed

Postby Khaler » Fri Jun 12, 2009 11:28 pm

Sam wrote:
Khaler wrote:Except the Chinese. Those damn socialists are still having growth... damn five year olds :(

The Chinese are not socialists.


They are. Chinese are socialist, they just don't force the socialism on foreigners who are doing business in their country (and making them rich).
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Re: We're Screwed

Postby elryacko » Fri Jun 12, 2009 11:29 pm

Sam wrote:
Khaler wrote:Except the Chinese. Those damn socialists are still having growth... damn five year olds :(

The Chinese are not socialists.

Socialism with Chinese characteristics: officially they are. And I'm going to oblige them that, because it gives me a reason to still hate those commie bastards. :mrgreen:

Besides, the definition of socialism is really vague. Is Norway socialist? Is there a country that isn't socialist (besides Somalia)? The Stalinists think that from Khrushchev onwards the USSR wasn't socialist enough to be socialist, to them at least.

EDIT: DAMN YOU KHALER! YOU BEAT ME TO THE POST! :x
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Re: We're Screwed

Postby Xanathos » Sat Jun 13, 2009 7:13 am

Khaler wrote:Xanathos, I doubt there is any administration anywhere who could do something about this crisis.

Except the Chinese. Those damn socialists are still having growth... damn five year olds :(


I think it would be MUCH better if they did nothing, (allow capitalism to work) or even better, lowered taxes and deregulated the economy.

And you see, China's uber growth is government made and artificial, the bust is going to hurt...
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Re: We're Screwed

Postby JuliaAJA » Sat Jun 13, 2009 7:37 am

Xanathos wrote:
Khaler wrote:Xanathos, I doubt there is any administration anywhere who could do something about this crisis.

Except the Chinese. Those damn socialists are still having growth... damn five year olds :(


I think it would be MUCH better if they did nothing, (allow capitalism to work) or even better, lowered taxes and deregulated the economy.

And you see, China's uber growth is government made and artificial, the bust is going to hurt...


When China bursts, they will still have the same housing that they had before, they will still be provided with some amount of food, and they will have a single national union to get all of them working less hours so that they will all still have jobs.

When America burst, more people went homeless, private non-profits didn't always have enough food for them, and people that still have jobs stayed the same while many were left unemployed.
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Re: We're Screwed

Postby Khaler » Sat Jun 13, 2009 8:05 am

Xanathos wrote:I think it would be MUCH better if they did nothing, (allow capitalism to work) or even better, lowered taxes and deregulated the economy.

And you see, China's uber growth is government made and artificial, the bust is going to hurt...


Really? Because capitalism does not give a shit where their producers and consumers are. And right now the latter are here and the former are in China and India. If capitalism would get to decide freely, it would take all the jobs to cheaper countries. Capitalism does not believe in patriotism or nationalism, it is a legion that is after profit any way possible. If that means ditching the west and going to the rising east, they will do that without any remorse. Capitalism is short-sighted, they don't care what is going to happen in 10 years if there are profits NOW! So, unless you are Indian or Chinese, hoping for them to allow capitalism to work on it's own would be disasterous to you. Capitalism is fine when it is tied down with regulations to serve the west, but deregulating it leads to the destruction of the western world as we know.
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