a long blog about the world situation... boring to most

[kurenai]

I really want to know what the rest of the world sees about this.... please read if you are big into politics and economy.....

China is going to take over the world... economically... real soon.
Why?
The number one GDP is the US... great right? Well when china has over 1 trillion dollars in bonds... you kinda own the US in some ways. I mean we can’t compete with poor working conditions, lack of human rights, and disregard for life like china, so we can beat them when it comes to trade. They can just take out money and screw up the value of the dollar even worse (it dropped 18% last year)
They have awesome espionage, pretty much all their military technology was taken from US R&D, thanks US for that great broadcast of all our military capabilities!!! That’s great right? Well guess what else they do to mess with us...
Who’s gets all the discovers from China? North Korea and Iran, these guys are like little pawns for china to use and mess with their main competitor for global dominance, the United States. Iran and North Korea both hate the us and are developing military power because of china's kind contributions.
But what else can the United States be ignorant. Iraq war... now don't get me wrong there was some good causes, but unlike wars that boost economies, we are so busy paying off both sides (Shiites and Sunni’s) and we are giving Arab countries like Iran that want us dead with all of the oil we spend for Iraq... worse than Vietnam guys....
Why is the US so focused on internal issues when the end of US world power is knocking at our door? well politics are corrupt, I mean look at how much the democratic nominees are spending, its disgusting... and sorry obamma lovers, but they guy is trying to give you the moon, he is inexperienced and its not going to happen, congress is too old, stubborn, and corrupt to follow through on that. Do your research on them, they owe too much to the elite economic powers and upper class. Same goes for obamma! How does he get all this money to campaign, what kind of promises does he give that we don’t know about?

Not that a republican is the answer, cause I don’t think there is one this time... but I think McCain has more knowledge about our horrible situation than the others....

So my prediction is the United States is going in a downward spiral leading to a great depression and there is nothing that politicians will do to fix it, and our capitalistic economy is about the short buck. So either war or a huge divide between the upper and middle/lower-class...

I sure hope it’s not war because Japan would not last real long...
Thanks to the constitution limiting its militaristic growth...

Anyway threes allot more I could post, like the problem for all US allies if US goes down the barrel... what do you all think?

[kitomoki]

i dont know much about the US politics, but i know for a fact that US is already in recession. lol u dont need to predict.
US used up money from future too. by that i mean they are in crap load of debt from war.

[gundamseedde]

China will be new power in the world soon ? I hope not.

[Aenema]

I read your text and thought: Yeah, allright. And? Who cares?

There will be always poor and rich countrys. And I don't think that it'll be that bad for USA. Almost every state has debts. The only state without debts I can think of right now is Norway.

How does he get all this money to campaign

He gets the money from companys?

Well, I just don't get what you're trying to tell us with the text.

[kurenai]

thanks for the honesty Aenema,

Well for one, I think its going to be a world wide effect if china does become the economic world power, (its almost set and stone this will happen, they are only behind Japan and Japan is starting to slow a little thanks to the US...

The effects might lead to something catastrophic.

I want to know what people outside of the united states think about china become as powerful as they are while they keep a lack of human rights.

And as for campaigning for presidency, both politicians together have raised over 235 million dollars to fight each other for votes. this money comes from people who have a personal interest or favor they want fulfilled.
When this happens, politicians cannot keep all the promises to the people unless they make their sources of money happy.
its been like that forever now but it's getting ridiculus!

[collegeboy]

you're talking about the US like it has to be THE dominant power...
it's like no one else has the right to rise! that's ridiculous

pretty much all their military technology was taken from US R&D

that's nonsense.china is well known for their inventions in all domains
if you claim such things,you have to provide tangible evidences,otherwise this thread is nothing more than a personal view

No offenses intended ,if you have the habit of discussing politics ,i think you are already used to such replies
Cordially
Collegeboy

[kurenai]

i dont really care if US falls from the lead, but i do care if it goes into a great depresssion. because it will effect their entire world!!!

Secondly a communist country with a lack of human rights and and a huge military than can do some serious damage as the world leader kinda makes me nervous

i admit China does have some of their own inovations, but they do get a lot of stuff through espionage,
as for espionage. here is some evidence
http://www.betanews.com/article/Repo...ogy/1195254236
http://www.cnn.com/2008/CRIME/02/11/...nts/index.html
http://www.informationweek.com/news/...leID=203103255
this is even more military specific
http://www.popularmechanics.com/tech...56.html?page=1

[Wind]

On the economic standpoint:

Last year, over 30 trillion dollars in bonds were taken out by other countries from the U.S.. That means that other countries are borrowing money from us, to support us because they know if we fall they all fall. The reason the dollar is falling so terribly is not because of anything foreign; it's completely internal.

People get a loan from the bank to buy a house. they now have debt that they pay off. These people pay the minimum every month and then make an addition to their house, then reassess the value of their house. the house is now worth xx amount mroe then it was when they bought it. tehcnically speaking, this means they ahve xx amount to spedn and can apply for another loan on the equity of their house - say for a car. this cycle continues until the people can no longer pay the bank, and the bank reposesses their home/car/etc.

The bank lost money and so did the people. This type of thing is what led to the current market trend in 2006/2007/2008. It's rebounding though. Analysts predict that the last quarter of 2008 and early 2009 will see an increase in homes purchased, and loa ns made.

Also, the economy is NOT that bad. the Dow Jones closes around 12,000 these days. To stay in the profit margin, the USa only needs to close above 1000. Note the dramatic differences.

I'll get back to this, I have to go to work so I can further stimulate the economy by gaining money to spend.

[kurenai]

On the economic standpoint:

Last year, over 30 trillion dollars in bonds were taken out by other countries from the U.S.. That means that other countries are borrowing money from us, to support us because they know if we fall they all fall. The reason the dollar is falling so terribly is not because of anything foreign; it's completely internal.

People get a loan from the bank to buy a house. they now have debt that they pay off. These people pay the minimum every month and then make an addition to their house, then reassess the value of their house. the house is now worth xx amount mroe then it was when they bought it. tehcnically speaking, this means they ahve xx amount to spedn and can apply for another loan on the equity of their house - say for a car. this cycle continues until the people can no longer pay the bank, and the bank reposesses their home/car/etc.

The bank lost money and so did the people. This type of thing is what led to the current market trend in 2006/2007/2008. It's rebounding though. Analysts predict that the last quarter of 2008 and early 2009 will see an increase in homes purchased, and loa ns made.

Also, the economy is NOT that bad. the Dow Jones closes around 12,000 these days. To stay in the profit margin, the USa only needs to close above 1000. Note the dramatic differences.

I'll get back to this, I have to go to work so I can further stimulate the economy by gaining money to spend.

good points i really appereciate someone who read up on this...
i agree on some of your points. but lost faith in the dollar, import/export ratio, deficit all dragging us down, and I just hope whoever gets elected does not ignore this

[collegeboy]

i read about people who got stripped of their houses and stuff.that was sad
they were left out in the streets like old socks
all of this because of the variant rent value politic...the dollar went down,so did their possessions