US dollar in decline, what are your thoughts?

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Originally Posted by SolSkye

U.S. NATIONAL DEBT CLOCK
The Outstanding Public Debt as of NOW is:
http://brillig.com/debt_clock/debtiv.gif

The estimated population of the United States is 303,343,578
so each citizen's share of this debt is $29,856.73.

The National Debt has continued to increase an average of
$1.41 billion per day since September 29, 2006!

Here's some lyrics for an older song of ours I rap on called,

'Depth Ride'...

Most people try,
in the end they cry,
and they wonder why,
Did it happen to me?

People put on their masks,
while they take out the trash,
living life for cash,
How could this be?

Society dies,
supersize your fries,
watch that weight on your thighs,
Is this the way to be free?

I'm here to disanoint,
by making a point,
but first light up that joint,
The lie is money...
The lie is money...
The lie is money...

??????¥¥¥¥¥¥¥$$$$$$$$¥¥¥¥¥¥???????
:chuckle:

Oh... and that .XX cents is my contribution to the debt just for shits and giggles...I bought a pack of gum and just decided never to pay the credit card company back in order to make a point... :lol:

Its like when they think they are mind tripping you by putting gas prices or some other lame crap at... $99.99 and 9/10 of a cent...just so you won't feel the nice round number like 100....such blatant frivolity...

SUPERSIZE SET FOR ONLY 30 CENTZ!?!? OMG RLY!!!!?? I'LL TAKE 8!!!!!!
http://www.hinduismtoday.com/press_r...alds-fries.jpghttp://www.eda-server.ru/cooking-new...5mcdonalds.jpg
MOOO!! COWS FOR THE SLAUGHTER
http://www.funny.cz/img2/mcdonalds.jpg
Hell, the black helicopters won't even need to use their scopes to round up most americans come herding time...
http://www.b00mb0x.org/wordpress/wp-...ters_front.JPG
They won't even need to use the force... anywhere they fire will hit most of their dumbed-down, lazy, fat targets...
http://www.bellaonline.com/gaming/pics/ff/sw_wedge.jpg

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I'm interested to know where you got your figures/stats from. According to my sources (namely Donald Trump and Robert Kiyosaki) Our national deficit is only a little over 1.05 trillion dollars.

HERE you go ;)

"The budget should be balanced; the treasury should be refilled; public debt should be reduced; and the arrogance of public officials should be controlled." -Cicero. 106-43 B.C.

Too bad JP Morgan isn't alive to bail america out of financial terror again.

Most americans are too lazy to enact real change into their lives and country, anyway...And so, they will pay the price in the coming days...

(Translation: The big banks do it to themselves)
http://thumbnail.image.rakuten.co.jp...5/06256522.jpg
As they say in japanese...
自業自得
Translation: You get what you deserve; You bring it on yourself

Most overweight, overpaid, and underworked americans simply spend the majority of their paycheck and free time buying useless sh:t, and sitting there watching their pro-wrestling, or whatever other form of mindless entertainment that floats their boat...and wondering where their life went wrong...

They rely on those with inspiration and talent to propell them and their society forward, and they feel this sick sense of entitlement to live in lackadaisical luxury while the rest of the world suffers.

Pretty effing disgusting, if you ask me...

I work 7 days a week from 10AM to 10PM (certain times are free), and do multiple productive sideprojects. I don't complain, I like the challenge. There is absolutely NO reason anyone else can't do the same...

...Do Americans really need to wonder why their economy sucks ass? Everyone just wants the easy way out, no one really wants to work for it...Buy, Sell, Buy, Sell...A few simple underhanded clicks and you earn millions...and put people out of jobs...Stupid dollar signs mean nothing...it's all selfishness and greed...

Stop being lazy and take the bull by the horns and earn your life instead of stealing it from other less-fortunate people who work hard in impoverished countries and conditions.

Greed's comeuppance is nigh, though. That much is certain...

Wow a lot of discouraged people here. A few things to cheer you guys up.

1. You can't measure the health of the economy by inflation alone, and inflation hasn't been all that bad in over the past decade. Pretty good compared to a lot of other countries at least.
2. National debt isn't necessarily bad. Unless the GDP sucks, which it doesn't. Only then is it bad.
3. The stock and bond market have been very impressive on average over the past 80 years. Key indicators of a healthy economy.

The dollar may be falling but much of it is likely because that other countries are finally starting to do well, because they're adopting the strategies that the US have been using.

Good idea Umbrasquall. We don't want the sheep getting too fearful or not trusting the system? Maybe they might try and escape. And build a new one! Oh no. Freedom. They must try and live their lives inside the fence. So it's all good yippie ki ay for how good it all is.

No. In response to this distasteful blindness I have to say:
National debt is bad. All debt is bad ultimately and it's obvious why. And If you think debt is a good thing. What is wrong with you. Inflation shouldn't even happen. If you think it's natural. Go to the insane asylum I'd rather not live with nut cases. The stock market is never impressive. It's foundation is stupidity and it's benefit is, none. A sick society.

Stop being blind about reality.

First off any inflation is bad. The fact is we could live in a coutnry that has 0% inflation, why settle when we can have that? Secondly our inflation has been horrible. You can actually see prices raising every month, and thats not cool. Over the long term we are being eaten alive by inflation.

Debt is always bad. Especially when its 9 TRILLION!

And millions missing from the pentagon. And everyone is still walking around? Like **duhh I live in a society where people drink and eat and be merry. Yay football!.** Everyone is stealing pentagon money and there just like. **go politicians go, they are our leaders. err football :wtf2:**

Children getting rapped and kidnapped. People on the street with gangs threatening everyone carrying around drugs and weapons. Poor people starving and dieing. Military with weapons of mass destruction. Everyones poor. Media is fake.

And fat asses on the couch watching simpsons. Jerry Springer. Dr phil and Oprah. Give me a flying saucer. And get me the hell out of this prison planet.

Actually I don't think I'm being distasteful at all.

I never said inflation was good. I said that you can't measure the economy by inflation alone. I also said that comparatively, inflation over the past decade has not been so bad when we measure it against inflation in the course of US history and inflation rates in other countries. You can't have a perfect world. Give me an example of a country with no inflation whatsoever.

National debt isn't necessarily bad. The money that turns into our debt is invested in the people and building the infrastructure of the nation itself. Say a country was ravaged by war. After the conflict ends, should the government sit by and watch as its people starve? No, it should borrow money and rebuild the economy. If you compare how long it would take for the US to pay off the national debt 50 years ago versus how long it would take today, you'd find that the US can repay the debt many times quicker. The money borrowed was used to build up the capacity of the economy. That's why I said you can't just say: oh the US has so much so much debt and that has to be bad. You need to compare the GDP versus the debt before you draw conclusions. Read up on how the economy works to get a better understanding.

As for the stock market just being stupid and pointless as you claim it is. Give me a valid argument on why you think so or I'm just going to ignore it.

When the US was using money fully backed by gold, there was no inflation. So the best example of a government with inflation is us. Inflation is caused by printing money that doesn't have any real value.

As for the debt, how are we ever going to pay it back? You make it sound so simple, yet its more like that its impossible. At this point, we probably can't pay it back, not ever. The only possible way to pay it back is with inflation, if we print trillions of dollars then use them to pay the debt. And when that happens our dollar will be worth nothing.

I like the situation partly. Firstly, it means cheaper imported products. Secondly, it means deindustrialization of my country. Bittersweet feeling.

horay canada!! 107. Time to go down and buy some shit.

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Originally Posted by grasshoppa

horay canada!! 107. Time to go down and buy some shit.

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Yeah, I saw that too :shock:, we smashed the 50 year old records...

and to think that alot americans wouldnt even accept PAR at this years Calgary stampede. (the dollar was about .96-.97 then. I worked at a consession stand and some woudl get pissed and walk away.) lol...Ill be asking for all of that extra seven cents, assholes! jk...

Apparently dollar's are out, and euro's are in. It's all the new rage amongst high maintenanced super models when negotioating contracts.

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Originally Posted by Solskye

http://www.hinduismtoday.com/press_r...alds-fries.jpg

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Fancy ketchup?

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Originally Posted by Identity X

Fancy ketchup?

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Yes, please. McDonald's fries are delicious. I'm not being sarcastic, either. What the fuck is life if you can't enjoy it. I'm not overweight, I have a high metabolism, but McDonald's is quick, easy and good.

This thread is funny.

:bump:

I like apples.

Im not too worried. There's this saying...

If you owe the bank $100,000, they own you.
If you owe the bank $100,000,000, you own the bank.

get it?

yeah, if Ron Paul gets elected I will be much less worried about the economy. He says most of the things that people have been talking about here. On the same note, I feel like since we owe most of this to china, we are proping eachother up, if one of us falls then both of us will take a tumble.

http://a.abcnews.com/images/Business..._070824_ms.jpg > http://www.dkimages.com/discover/pre...5/50269860.JPG

You guys, the U.S. economy is great. Ideally, we should have an inflation rate of 2% and an unemployment rate of 4%. Right now, we're at that 2% and slightly above that 4%. Somewhere around 5%.

Obviously, a slight increase in inflation will occur following the unemployment rate going up, but that is natural for our economy. We already reach our peak, and now, naturally we'll start to head towards a contraction. But, realistically, we can't sit in an expansion forever.

The media just overexaggerates the truth to keep you tuned it. You wouldn't pay attention if everything was alllriiight.

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To be honest, I think China will be the biggest superpower withen 20-30 years. Their economy is raping everyones.

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In response to this. No. So their GDP increase percent is raping ours. That means virtually nothing when you look at the numbers.

China's got a GDP of around $2,000,000,000,000 with an increase of about 10% per year. Amerias has a GDP of somewhere around $14,000,000,000,000 with an increase of like 4%. More money is actually going into our economy per year than theirs.

Again.. :bowdown: the media

wow SolSkye, that is one hell of a generalization wouldn't you say? You know a huge amount of that debt is coming from the war, not some fat guy sitting on his couch all day. It's not the individual american people getting us in so much debt as you're saying, it's the government. Do you honestly think that each individual could cause $30,253.01 of debt each? Even though we have a very industrious country because of people that WORK? and they include the whole population, which also means babies, kids, teenagers, senior citizens, etc. A baby can't get us into that much debt. :roll: You should get your head out of your ass and stop thinking in stereotypes

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Originally Posted by SolSkye

Most overweight, overpaid, and underworked americans simply spend the majority of their paycheck and free time buying useless sh:t, and sitting there watching their pro-wrestling, or whatever other form of mindless entertainment that floats their boat...and wondering where their life went wrong...

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you know the majority of citizens in our country is barely getting by, trying their best just to pay the rent and all the bills so that they can feed their children, yet I still see people stop to give homeless men on the street money because they want to help when they could have been buying the "useless sh:t"

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Originally Posted by SolSkye

They rely on those with inspiration and talent to propell them and their society forward, and they feel this sick sense of entitlement to live in lackadaisical luxury while the rest of the world suffers.

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for those that do rely on those people with inspiration and talent, that only means that there are americans with the inspiraton and talent and try to make a difference. and we dont sit back while the rest of the world suffers. I have a book bigger than a dictionary about just some of the humanitarian organizations helping other countries on the west side of the country ONLY
we had our own american military forces helping with the tsunami incident when they could have been focusing on our own country, but they wanted to help people. And we had programs ALL over the country sending hygene kits and donated money over, and doing anything we could help. And these were these lazy american citizens you're talking about who want to sit back and let other people suffer. yeah... right.

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Originally Posted by SolSkye

I work 7 days a week from 10AM to 10PM (certain times are free), and do multiple productive sideprojects. I don't complain, I like the challenge. There is absolutely NO reason anyone else can't do the same...

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there are americans that do the same DER

Our inflation isn't 2%. If you go by the real numbers everyone says its much higher, around 10%. Also ideal inflation is 0%. Inflation isn't a good thing.