If the US government uses the bond dollars to buy goods and services then it is buying those with "debt" which is why the US debt burden is an even worse case scenariobobevenson wrote: And what is done with the money received for those securities? The U.S. government buys goods and services with it, my friend.
Hey, pal, Europe's unemployment rate is double the USA. Take your stupid argument to them.a Shark wrote:If the US government uses the bond dollars to buy goods and services then it is buying those with "debt" which is why the US debt burden is an even worse case scenariobobevenson wrote: And what is done with the money received for those securities? The U.S. government buys goods and services with it, my friend.
than the Chinese bonds.
So you have answered your own question about the sound fiscal policies of the USA.
The country is a debt mire.
Dont like being wrong do you bobaloolabobevenson wrote:Hey, pal, Europe's unemployment rate is double the USA. Take your stupid argument to them.a Shark wrote:If the US government uses the bond dollars to buy goods and services then it is buying those with "debt" which is why the US debt burden is an even worse case scenariobobevenson wrote: And what is done with the money received for those securities? The U.S. government buys goods and services with it, my friend.
than the Chinese bonds.
So you have answered your own question about the sound fiscal policies of the USA.
The country is a debt mire.
Being wrong about what? Europe is bringing down the rest of the world, and you're worried about America? Worry about your own continent and the Four Horsemen of the Apocalypse, my friend!a Shark wrote:Dont like being wrong do you bobaloola
America brought down the world not Europe. The sub prime crisis and all the poisonousbobevenson wrote:Being wrong about what? Europe is bringing down the rest of the world, and you're worried about America? Worry about your own continent and the Four Horsemen of the Apocalypse, my friend!a Shark wrote:Dont like being wrong do you bobaloola
No, you have a problem of SOCIALISM!a Shark wrote:America brought down the world not Europe. The sub prime crisis and all the poisonousbobevenson wrote:Being wrong about what? Europe is bringing down the rest of the world, and you're worried about America? Worry about your own continent and the Four Horsemen of the Apocalypse, my friend!a Shark wrote:Dont like being wrong do you bobaloola
CDOs from Lehmans and co. that were falsely marked up as AAA securities when they were junk .
What wrecked the world was the American Dream that is the American Greed.
Bill Clinton's repeal of the Glass Steagall Act and Ben Bernanke's belief that housing goes up but never down. What an asshole ! Has he never heard of the demand curve ?
Yes Bobaloola you guys fucked the world in the ass and now we are all suffering .
As for Europe it is also run by greedy pigs. The single currency has raped the continent.
We do not have a problem of free market capitalism we have a problem of investment, speculation and risk.
Are you saying that Europe is socialist ?bobevenson wrote:No, you have a problem of SOCIALISM!
No, I'm saying that Satan is evil.a Shark wrote:Are you saying that Europe is socialist ?bobevenson wrote:No, you have a problem of SOCIALISM!
What does Satan actually do, Bob?bobevenson wrote:No, I'm saying that Satan is evil.
Well, he introduced liar's poker to the world, the familiar bar game played with the serial number of a dollar bill, which is a watered-down version of Ouzo, like an attenuated virus he inoculates people with to keep them from catching the real thing.tillingborn wrote:What does Satan actually do, Bob?bobevenson wrote:No, I'm saying that Satan is evil.
bobevenson wrote:No, I'm saying that Satan is evil.a Shark wrote:Are you saying that Europe is socialist ?bobevenson wrote:No, you have a problem of SOCIALISM!
a Shark wrote:f anyone wants a philosophy of how to waste your time, then just ask me.
Do you not think the rot set in when Nixon did away the gold standard so that he could raise the cash to carpet bomb Vietnam?a Shark wrote:America brought down the world not Europe.The sub prime crisis and all the poisonous CDOs from Lehmans and co. that were falsely marked up as AAA securities when they were junk .
I've never played liar's poker, so there's nothing to stop me catching Ouzo. How do you play?bobevenson wrote:Well, he introduced liar's poker to the world, the familiar bar game played with the serial number of a dollar bill, which is a watered-down version of Ouzo, like an attenuated virus he inoculates people with to keep them from catching the real thing.
