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Thread: Us Dollar Worth Less Then Swiss Franc

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  1. #1
    El Kabong Guest

    Default Re: Us Dollar Worth Less Then Swiss Franc

    We're just going to have to agree to disagree because I'll debate you all friggin day about supply side economics. Ireland cut taxes and bam instant economic upturn, they might not have done enough to continue that trend but they were at one point on the right track.

    China and everyone else with any portion of America's debt can't call us on it because as I said before the WORLD ECONOMY hangs in the balance

  2. #2
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    Default Re: Us Dollar Worth Less Then Swiss Franc

    Quote Originally Posted by Lyle View Post
    We're just going to have to agree to disagree because I'll debate you all friggin day about supply side economics. Ireland cut taxes and bam instant economic upturn, they might not have done enough to continue that trend but they were at one point on the right track.

    China and everyone else with any portion of America's debt can't call us on it because as I said before the WORLD ECONOMY hangs in the balance
    You can't debate me all day about economics. Once you hit the edge of your ignorance on the subject, which doesn't take long, you run away.

    An emerging economy like Ireland cutting taxes has no bearing whatsoever on how tax cuts affect a $13 trillion mature/advanced economy like America's. Ireland got new investment that would otherwise have gone to other EU countries but the overall economic growth in the EU was unchanged, so no magical growth achieved.

    Nobody is going to call the US on existing debt, they're just not going to buy any more of it, leaving the US facing double digit interest rates/inflation, huge increases in import prices, economic stagnation, stratospheric tax increases, etc.etc.

  3. #3
    El Kabong Guest

    Default Re: Us Dollar Worth Less Then Swiss Franc

    Our debt runs their economies...and America won't be down for long there is no doubt it's an election year and of course everyone gets all crazy it'll settle down once someone gets in office and the relaxation begins and people start saying "Hey we're going to be ok" and the market responds.....or we could have another Jimmy Carter....but the economy won't stay bad forever infact NOW is the time to start pouring everything you have into the market....well maybe in a couple months but still it's BUYING time

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    Default Re: Us Dollar Worth Less Then Swiss Franc

    Quote Originally Posted by Lyle View Post
    Our debt runs their economies...and America won't be down for long there is no doubt it's an election year and of course everyone gets all crazy it'll settle down once someone gets in office and the relaxation begins and people start saying "Hey we're going to be ok" and the market responds.....or we could have another Jimmy Carter....but the economy won't stay bad forever infact NOW is the time to start pouring everything you have into the market....well maybe in a couple months but still it's BUYING time
    Our debt doesn't run their economies. The problems in the economy have nothing to do with election years. I'm not so sure about your financial advice.

  5. #5
    El Kabong Guest

    Default Re: Us Dollar Worth Less Then Swiss Franc

    Fine....let me sink my government check into the stock market and you can just sit and worry.



    Let me know how that worrying goes for you

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    Default Re: Us Dollar Worth Less Then Swiss Franc

    Quote Originally Posted by Lyle View Post
    Fine....let me sink my government check into the stock market and you can just sit and worry.



    Let me know how that worrying goes for you

    I'm not the one that needs to worry.

  7. #7
    El Kabong Guest

    Default Re: Us Dollar Worth Less Then Swiss Franc

    Well how did things work out after Hoover America was still America.

    How did things work out after Eisenhower, JFK, LBJ, and Nixon in Vietnam and all the crap they put the country through America was still America.

    How did things work out after Carter fucked everything up America was still America.

    How did things work out after Black Monday America survived




    My point is America is going to be just fine no matter who gets elected and no matter what they do. Sure higher taxes at this point will definently increase unemployment but that certainly doesn't affect my position with my company at this juncture. Sure pulling out of Iraq now would cause further instability in the future and place us more at odds with Iran because obviously if Iraq is unstable then it's neighbor will no doubt want to fix any issues the country has and in doing so create a state run by Iran which would no doubt oppose America even more than most in the area, but war between the US and Iran would always remain a last resort.


    America will be fine, I would just rather unemployment stay low and us not be pushed into a bigger war by further fucking up the one we're already in. Is that ok? Am I wrong in thinking that way? ....of course you will think so, if only to continue this arguement

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