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Frayed Ends: Business, Economics, and Tax Policy 3.0

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Re: Frayed Ends: Business, Economics, and Tax Policy 3.0

America is back on top. So I'm in Latvia now. I have an Australian friend...who has been suspect of the future of the US in the past...he feels its all US now. I reflected and have to agree. The China century is looking like the US century II.

Helped out by Russia, China, and ISIS, the US is super popular worldwide (most every capital in Asia, Europe and the Middle East wants us around). And the dollar (which wobbled a few years back) is destroying other currencies. More on that:

http://thediplomat.com/2015/06/how-russia-china-and-is-have-made-the-us-popular-again/

The economy? So when we say the Obama years have been pretty good...we can look to the Dow tripling and other indexes exploding also.

Also incomes of...well...everyone in the US are rocking. Yes, the income has soared for the top 1%. But the other 99% saw the biggest increases in income in 15 years. In the end, this is looking like one of the best 8 year runs we've seen in generations.

http://www.journalgazette.net/business/Bottom-99--see-pay-go-up-7467184

And frankly, Obama is potentially back to being a top quartile president.
 
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Re: Frayed Ends: Business, Economics, and Tax Policy 3.0

FlagDUDE08 said:
And yet, people are leaving the country in droves and grabbing their gold from Manhattan. https://www.youtube.com/watch?v=pnGl8Nz0oLE
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Nope.

United States Net migration rate. Net migration rate: 2.45 migrant(s)/1,000 population (2014 est.) Definition: This entry includes the figure for the difference between the number of persons entering and leaving a country during the year per 1,000 persons (based on midyear population).
Click to expand...
 
Re: Frayed Ends: Business, Economics, and Tax Policy 3.0

unofan said:
Nope.
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Take a closer look at who is leaving. It's the people with the money that you're so dependent upon to fund your socialist programs. And the people coming in are trying to mooch on said programs. Margaret Thatcher's quote will soon be coming true here as well.
 
Re: Frayed Ends: Business, Economics, and Tax Policy 3.0

Milhous speaks. Not sure who "he" is in the quote, but RMN is right

@dick_nixon: As I said before, the only way the economy will grow at 4% or greater is if he starts a World War.
 
Re: Frayed Ends: Business, Economics, and Tax Policy 3.0

joecct said:
Milhous speaks. Not sure who "he" is in the quote, but RMN is right

@dick_nixon: As I said before, the only way the economy will grow at 4% or greater is if he starts a World War.
Click to expand...

The aftershock crash people are predicting is very similar to the crash of 1937. The only thing that pulled the country out of said depression was WWII, when fascist policies were put into place so practically all your wages went to the government, and they told you what you could and could not buy by means of rationing stamps. Expect the same sort of martial law-like living when WWIII happens. New Zealand will probably remain neutral, because that's where the elite are going.
 
Re: Frayed Ends: Business, Economics, and Tax Policy 3.0

5mn_Major said:
America is back on top. So I'm in Latvia now. I have an Australian friend...who has been suspect of the future of the US in the past...he feels its all US now. I reflected and have to agree. The China century is looking like the US century II.

Helped out by Russia, China, and ISIS, the US is super popular worldwide (most every capital in Asia, Europe and the Middle East wants us around). And the dollar (which wobbled a few years back) is destroying other currencies. More on that:

http://thediplomat.com/2015/06/how-russia-china-and-is-have-made-the-us-popular-again/

The economy? So when we say the Obama years have been pretty good...we can look to the Dow tripling and other indexes exploding also.

Also incomes of...well...everyone in the US are rocking. Yes, the income has soared for the top 1%. But the other 99% saw the biggest increases in income in 15 years. In the end, this is looking like one of the best 8 year runs we've seen in generations.

http://www.journalgazette.net/business/Bottom-99--see-pay-go-up-7467184

And frankly, Obama is potentially back to being a top quartile president.
Click to expand...



People don't seem to realize how much the USA carries the rest of the world. Does anybody credible still believe in the concept of "decoupling" anymore, which was the theory that the world economy would act separate from the United States in the near future? Further proof that economists are useless. :D

But back to the subject, we're getting little help from Europe or Japan and since our main export to China is scrap metal :rolleyes: the growth or slowdown in the Chinese economy does us little good. Going forward however, as the slave laborers over there ask for more and more money, its going to be harder to manufacture cheap Wal-Mart sh !t without moving to Vietnam, Myanmar, etc.
 
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