China is our friend!
Robert Miller
Iraq.
Never mind the fact that the longer the war goes on the more it costs. As
everyone should now the borrower is the servant of the lendor. What levers
with
the debt pull in Washington D.C. They hold enough dollars gold and Silver
they can buy enough Euro's that speculators also invest in the Euro.
Causing great
pain in the American economy. The longer the war goes on, the weaker the
dollar will get. The more money we'll have borrowed from China.
Ever read Sun Tzu the Are of War.
John Kulp
dollars you're in trouble, but if you owe the bank 500,000 dollars
THEY'RE in trouble.
Robert Miller
"John Kulp" <john...@hotmail.com> wrote in message
news:46a33154....@news20.forteinc.com...
> Yeah, right. That's why Keynes said that if you owe the bank 50,000
> dollars you're in trouble, but if you owe the bank 500,000 dollars
> THEY'RE in trouble.
>
kastnna
Tzu and "The Big Man" everytime.
Robert Miller
news:1185543856.2...@19g2000hsx.googlegroups.com...
> When it comes to macroeconomics I'll take John Maynard Keynes over Sun
> Tzu and "The Big Man" everytime.
>
I like the story of the General of a powerful Chinese army a few hundreds of
years ago. He was in a village with a hundred of his best body gaurds.
This
General was famous for out foxing his enemies. The village lookouts
reported
a competeing General and an army of 100,000 approching the village. His
body gaurds in near panic, he ordered all the gates flung open as he climed
the
wall and casually started playing a musical instrument. Taking no notice of
the
approaching Army. As the competeing General came unapposed to the city
wall and could see the gates were all open with no appearent defences, but
their
General sitting on the wall oblivious of him and his army. He did the only
sencible
thing he could think of. Ordered a full and hasty retreat.
In this case I think China see's fit to make a servant of it's enemy. We
are more
dependent on China than they are on us. We need their goods to help keep
our inflation down. Don't want to pay double for our underwear or DVD's do
we?
Robert
Robert Miller
news:1185543856.2...@19g2000hsx.googlegroups.com...
> Tzu and "The Big Man" everytime.
>
By the economic theory of John Maynard Keynes the U.S. has a Federal
Debt of 60 Trillion dollars. Which economists are saying amongh each other
at least the U.S. is bound for a colapse of the dollar in 12 to 24 months.
We can not seem to see past the next business cycle. China tends to see
much further into the future than that.
China having the world longest recorded history may have an effect on
their outlook into the future.
Robert
John Kulp
<robe...@windstream.net> wrote:
>"kastnna" <kas...@auburnalum.org> wrote in message
>news:1185543856.2...@19g2000hsx.googlegroups.com...
>> When it comes to macroeconomics I'll take John Maynard Keynes over Sun
>> Tzu and "The Big Man" everytime.
>>
>
>By the economic theory of John Maynard Keynes the U.S. has a Federal
>Debt of 60 Trillion dollars. Which economists are saying amongh each other
>at least the U.S. is bound for a colapse of the dollar in 12 to 24 months.
Says who? Keynes is long dead so it can't be him. Economies are
interlinked ace, with the holder of dollars having a huge stake in the
US which is it's main buyers. According to reports, the US economy's
expansion last year alone was larger than the entire Chinese GDP that
year.
>
>We can not seem to see past the next business cycle. China tends to see
>much further into the future than that.
Complete bullshit. They react to what's going on today like everyone
else. Just look at their food contamination problem. Nothing was
being done until that was exposed and now even Chinese are avoiding
their food.
>
>China having the world longest recorded history may have an effect on
>their outlook into the future.
>
Now there's a completely ridiculous theory if I ever heard one.
That's why they had the Great Leap Forward and Cultural Revolution
huh?
Paul Thomas, CPA
"Robert Miller" <robe...@windstream.net> wrote
> By the economic theory of John Maynard Keynes the U.S. has a Federal
> Debt of 60 Trillion dollars. Which economists are saying amongh each
> other
> at least the U.S. is bound for a colapse of the dollar in 12 to 24 months.
>
> We can not seem to see past the next business cycle. China tends to see
> much further into the future than that.
Yet, you aren't buying Yuan. You're buying Euros.
What a keen economic and investing sense you have.
In 2020 you'll be just as broke as you are today, if not more so from all
your foolish schemes.
--
If electricity comes from electrons, does morality come from morons?
----------------
Paul A. Thomas, CPA
Athens, Georgia
Robert Miller
> On Fri, 27 Jul 2007 10:21:15 -0600, "Robert Miller"
> <robe...@windstream.net> wrote:
>
>>"kastnna" <kas...@auburnalum.org> wrote in message
>>news:1185543856.2...@19g2000hsx.googlegroups.com...
>>> When it comes to macroeconomics I'll take John Maynard Keynes over Sun
>>> Tzu and "The Big Man" everytime.
>>>
>>
>>By the economic theory of John Maynard Keynes the U.S. has a Federal
>>Debt of 60 Trillion dollars. Which economists are saying amongh each
>>other
>>at least the U.S. is bound for a colapse of the dollar in 12 to 24 months.
>
> Says who? Keynes is long dead so it can't be him. Economies are
> interlinked ace, with the holder of dollars having a huge stake in the
> US which is it's main buyers. According to reports, the US economy's
> expansion last year alone was larger than the entire Chinese GDP that
> year.
>
candidate debates. A claim that has yet to be challenged by anyone familiar
with the subject.
Then why can't we finance our own war in Iraq without borrowing from
China and Japan? We can't raise taxes any higher without risking a
general taxpayer revolt. Congress prints money and the dollar is at a
30 year low agianst the British Pound. We can't raise interest rates
as we have in the past, that could throw us into recession, or worse.
>>
>>We can not seem to see past the next business cycle. China tends to see
>>much further into the future than that.
>
> Complete bullshit. They react to what's going on today like everyone
> else. Just look at their food contamination problem. Nothing was
> being done until that was exposed and now even Chinese are avoiding
> their food.
>
That's a short term problem ripe for a long term fix. We also have food
contamination problems. That get into the news from time to time.
>>
>>China having the world longest recorded history may have an effect on
>>their outlook into the future.
>>
>
> Now there's a completely ridiculous theory if I ever heard one.
> That's why they had the Great Leap Forward and Cultural Revolution
> huh?
They had a totalitarian government that took total control and fell out of
control. The personalities involved with the "Cultural Revolution" were
extremely shortsighted. Their culture as a whole takes a much longer view
on history. The Chinese know they were exploring the west coast of America
a century before Columbus sailed for the new world.
China has had in it's long history many short sighted leaders. With
predictable
results, that we should not ignore their hard lessons on the subject.
Robert