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Originally posted by UnExpecte
You finally get it. Ofcourse Titor meant that from 2008 there will be no Olympics played, including the winter ones. When he said they wouldn't be played after 2004 he probably did not have the winter games of 2006 in mind. Indeed, he should have said after 2006. As he was pointing to 2004 as the start of a cold civil war that would develop itself into an armed one, it is understandable he made that minor mistake.
For all of whom are desperately seeking the hoax in Titor, be just a bit more patient and we will see if the games are still there in 2008.
No, Titor stated Western stability would collapse. Not the West itself. Yes, Western stability has collapsed.
Originally posted by TheCrystalSword
So... to put it in perspective, if the Oil Trade turns to the Euro, China will be trading in Euro's and not dollars... and considering how much in Dollars we owe China, it is likely they will call for a debt repayment. The U.S. Citizens aren't going to let their leaders Nuke China off the face of the earth, which is the only other option the Red, White, and Blue will have.
The outcome? Crushing debt that will make the Great Depression look like a sunny tuesday on Walstreet.
Who's fault? The guy in charge right now. National Debt was virtually erased by the close of the Clinton Era, and if such had happened then, there would've been a minor recession. If it happens NOW, America will fall apart at the seams economically.
And you know what? I think if my son is going to starve, I will kill to feed him. That is worth fighting a civil war over.
Originally posted by ThatsJustWeird
These links can explain it better than I can and are reality, not the wishful thinking you just posted....
www.econbrowser.com...
www.energybulletin.net...
Originally posted by TheCrystalSword
And you apparently don't have the common courtesy of reviewing websites posted to you, though you expect others to read yours.
Not only that, but you apparently don't feel a need to talk WITH anyone, just AT them since you didn't even reply to ANYTHING I said.
Thanks!
And I explained the China thing.
Originally posted by TheCrystalSword
Which only goes to show that, MAY I POINT OUT AGAIN, you did not bother to READ the websites.
I read both of your links, and I read them completely.
I even read the comments from everyone in response to the first link, most of which think the person who posted that article is a complete idiot for not taking into account the actual situation of economics.
You did not bother to spend the time reading the information I provided thoroughly and spending time to try and understand the information presented by each site.
If you want the courtesy of being listened to, which I suspect you do not since you just seem to want to complain in these topics about how stupid other people are, then you should damn well give a point to point to every website that I provided and explain exactly how the U.S. economy will thrive if the actual value of the dollar is made relevant to the world (The Dollar is WORTHLESS and is backed by NOTHING but American Ego and promise).
In the end, you don't want to discuss anything with anyone. You just want a place where you can whine and complain...
or where you can ridicule people for not believing as you do about a topic such as John Titor... which isn't even relevant to this particular thread.
At current, I brought up a relevant topic to this thread, and you dismiss it offhandedly as being the wrong view about the greatness that is America, and that America won't fall if some silly nation adopts the Euro.
I vehemently accuse you of knowing NOTHING about economics, and even LESS about having any sort of real, adult, tangible discussion.
Kindly prove me wrong and I'll eat my words.
Originally posted by UnExpecte
He (or she ) is giving everything it takes to provide "proof" against the Titor case.
[edit on 15-2-2006 by UnExpecte]
A day after writing the above, I read in The Economist (December 11-17, 2004) a report on the previous week's summit meeting of ASEAN + 3 in Malaysia. That country's prime minister announced that this summit should lay the groundwork for an East Asian Community (EAC) that "should build a free-trade area, cooperate on finance, and sign a security pact ... that would transform East Asia into a cohesive economic block ... In fact, some of these schemes are already in motion ... China, as the region's pre-eminent economic and military power, will doubtless dominate ... and host the second East Asia Summit." The report went on to recall that in 1990, Uncle Sam shot down a similar initiative for fear of losing influence in the region. Now it is a case of "Yankee Stay Home".
Or what if, long before that comes to pass, exporters of oil simply cease to price it in ever-devaluing dollars, and instead make a mint by switching to the rising euro and/or a basket of East Asian currencies? That would at one stroke vastly diminish the world demand for and price of dollars by obliging anyone who wants to buy oil to purchase and increase the demand price of the euro or yen/yuan instead of the dollar. That would crash the dollar and tumble Uncle Sam in one fell swoop, as foreign - and even domestic - owners of dollars would sell off as many of them as fast as they could, and other countries' central banks would switch their reserves out of dollars and away from Uncle Sam's no-longer-safe haven. That would drive the dollar down even more, and of course halt any more dollar inflow to Uncle Sam from the foreigners who have been financing his consumption spree. Since selling oil for falling dollars instead of rising euros is evidently bad business, the world's largest oil exporters in Russia and OPEC have been considering doing just that. In the meantime, they have only raised the dollar price of oil, so that in euro terms it has remained approximately stable since 2000. So far, many oil exporters and others still place their increased amount of dollars with Uncle Sam, even though he now offers an ever less attractive and less safe haven, but Russia is now buying more euros with some of its dollars.
Originally posted by TheCrystalSword
Name a computer component built IN the United States BY the U.S. on a major commercial Scale, by the way.
Originally posted by junglejake
Intel processors in Rio Rancho, AZ I dunno, that's kinda a big one, I think, though it was hard to track down a manufacturing plant's location.
Originally posted by junglejake
Intel processors in Rio Rancho, AZ I dunno, that's kinda a big one, I think, though it was hard to track down a manufacturing plant's location.
Originally posted by TheCrystalSword
You did not bother to spend the time reading the information I provided thoroughly and spending time to try and understand the information presented by each site.
Originally posted by UnExpecte
Thatsjustweird is so funny.
He (or she ) is giving everything it takes to provide "proof" against the Titor case.
The "hard case" "proof" is yet the funniest!
www.abovetopsecret.com...
If you bothered to read anything I offered, you certainly don't show it as every single link does claim that Iran moving to the Euro would be devastating to both the American Economy and worldwide trade relations with America. If nobody wants American Money, we can't pursuade them to import to us. If nobody wants American Money, we can't buy goods from overseas.... we have to then manufacture what we want on our own, and our infrastructure for that has been nickeled and dimed to death over the last three decades.
Debt is different from Deficit, by the way.
The reason why most of my links detailed the DEBT is because you asked me where I was getting my concepts of Debt from... anyone who understands supply and demand should know the outcome if the American Dollar not considered important in the oil market.
And since you cannot seem to understand what the # I was saying concerning China... if China decides to move to the Euro, America has two options. One, let them do so. Two, prevent them with Force.
Since you can't appear to understand what it is I meant, let me make it even simpler for you. If we go to war with China, we will lose in a manpower fight. The only option we have in such a war is to either kill all people in power, or nuke the entire country.
And since you might not even be following why I brought that up, I said that this is the worst outcome, and that the U.S. citizens would revolt against their government if it sanctimoniously decided to nuke China.
So let me clarify this so that even you can understand, I never said we should nuke China, I never said that was the likely outcome, and I never said it was a good idea.
That reason, specifically, is why I feel you don't bother to read the webpages presented to you. That and when you make claims such as "Not one of those links talk about the doom and gloom you posted", and I respond citing at least one instance where ONE of my links DID in fact claim that the Euro being adopted by OPEC would be a Very Bad Thing(TM).
And you apparently aren't aware that the second link you provided which you felt supports YOUR theory as to why the American Economy wouldn't collapse if Iran moved to the Euro DID EXACTLY THE OPPOSITE of what you intended.
For all of the rich countries in the world, a sudden devaluation against the dollar has the potential to be far more damaging than a sudden devaluation against the euro, the yen, the yuan, the rubble, etc. This is because most of the goods and services traded internationally are priced and paid for in dollars and, virtually all commodity trade, including the trade of oil which is by far the most important good traded internationally, is denominated in dollars.
So can we conclude that an Iranian oil bourse trading oil in euros is the real reason for the current crisis? Perhaps this is prematurely jumping to conclusions. The claim that the Iranian bourse will definitely trade in euros appears to me to be based primarily on speculation at this stage.
Also, your apparent inability to understand what other people say, or to respond in a intellectual manner which denotes at least some credibility on a subject other than laughing and ridiculing the person you are talking to...
or Rolling your eyes and acting as if the person you are talking to doesn't know what they are talking about.
Every time I see you post it's one of the above manners of speech... you either ridicule the person for believing something stupid, you make fun of them as if they don't know what they are talking about, you pretend as if you are the authority on subjects and you post information that doesn't support your position, or if it does, it does so poorly.
Oh, and just in case you didn't catch me answering your China question, here's the answer again. I never said we should nuke China, I never said that it was a good idea, I never said that we were going to.
The way in which you post lends almost no confidence to any credibility you might have, because you make personal attacks....
you act as if you are the authority on subjects without giving adequate information to support the claims you make... and that information you do present is either poor or not in your favor.
It's not worth investing hours into discovering the locations of plants to address a post you presented. Maybe thatsjustweird will be inspired and do the research if (s)he is interested.
Or more simply, do you think we manufacture enough to rely upon only our own manufacturing power at this time in our history?