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Originally posted by NacsRacer027
the US is in debt $8,268,903,497,372.57
we will likely never be out of debt.
I agree, we ( the U.S. ) may as well just quit keeping up with the national debt because it will never get paid off. And I would be interested to know what other countries national debt is ?
The government is in debt to us over 8 trillion dollars.
They owe the U.S.
Theres a site you can go to and hit refresh after 1 second and it goes up like $20,000. My friend goes to it all the time.
That must be a community college in Mexico you are going to if thats your take on things.Quote:
Originally posted by spdygonzalez450
ok what you need to understand is taht china maybe getting big but they their work force is by far the most uneducated, so in the long run that will not be good for them, as for the depression like everyone is saying the economy goes in cycles, expansion, recssion, depression. the united states economy is i think 4time maybe 5time the strenght of chinas'. no way are they going to be the number one super power. and as for the economy of the us, we are strong and we are growing everyday. anyone who says that the united states will fall and that china will be the new "super power" is uneducated and has no idea what they ar talking about, read a econ book or take an econ class you will learn tons about this stuff. same with history. i get all amped with this stuff that is what my major and minor are in school, economics and history. but tell your teacher that we go into ressions but that is apart of simple economics, we cant grow forever it has to stop and fall and than climb back up
China uneducated??? Ok who's giving you this info ?? China is one , if not the most, educated populations in the world . Their kids and some adults go to school for nearly 15 hours per day . My cousin just came back from China after teaching there for over a year and you wouldn't believe how smart of a population these people are . Also 99% of their technology is years more advanced than ours here in the western world .Quote:
Originally posted by spdygonzalez450
ok what you need to understand is taht china maybe getting big but they their work force is by far the most uneducated, so in the long run that will not be good for them, as for the depression like everyone is saying the economy goes in cycles, expansion, recssion, depression. the united states economy is i think 4time maybe 5time the strenght of chinas'. no way are they going to be the number one super power. and as for the economy of the us, we are strong and we are growing everyday. anyone who says that the united states will fall and that china will be the new "super power" is uneducated and has no idea what they ar talking about, read a econ book or take an econ class you will learn tons about this stuff. same with history. i get all amped with this stuff that is what my major and minor are in school, economics and history. but tell your teacher that we go into ressions but that is apart of simple economics, we cant grow forever it has to stop and fall and than climb back up
Also they are buying up anything they can get their hands on .... any type of minerals ... any metals ... among other things . I come from a community where mining runs the economy thanks to INCO which is a world mining giant . We supply probably 90% of the worlds nickel and other precious metals . For the last 4 or 5 years , I've been seeing little Chinese guys taking tours and buying up real estate in the area . They have litterally bought up an entire town which is within a mile or two from some of the largest mines in the world . They're planning on buying up INCO which is mostly American owned which would be a several billion dollar deal . INCO is just now taking over Falconbridge which is top 5 in the worlds largest mining companies . Between both companies they own thousands of mines and refineries around the world . When China gets ahold of these companies , they'll control probably 98% of the worlds minerals . Look around your home and see whats made of metal ... then tell me when China gets ahold of this they won't have control over a HUGE market . There are 2 major things that run this world ... the first is oil ... the 2nd is minerals .
spdygonzalez450 Keep up the good work. When your California hippie, ultra liberal socialist "professors" are done brainwashing you, the Chinese goverment has a public relations job waiting for you. They have been looking for a good white boy like you. China is the sleeping dragon, and as soon as they learn how to use the massive military they continue to assemble(that we americans paid for) we are in for a terrible wake up call. Between India and China, Asia will be the next ECONOMIC superpower. We better pray that China somehow opens their repressive communist system to reform or things are gonna get real ugly in the next 10-20 years.
Good post man, for a Canadian. LOL Just messin with you BroQuote:
Originally posted by Quad18star
China uneducated??? Ok who's giving you this info ?? China is one , if not the most, educated populations in the world . Their kids and some adults go to school for nearly 15 hours per day . My cousin just came back from China after teaching there for over a year and you wouldn't believe how smart of a population these people are . Also 99% of their technology is years more advanced than ours here in the western world .
Also they are buying up anything they can get their hands on .... any type of minerals ... any metals ... among other things . I come from a community where mining runs the economy thanks to INCO which is a world mining giant . We supply probably 90% of the worlds nickel and other precious metals . For the last 4 or 5 years , I've been seeing little Chinese guys taking tours and buying up real estate in the area . They have litterally bought up an entire town which is within a mile or two from some of the largest mines in the world . They're planning on buying up INCO which is mostly American owned which would be a several billion dollar deal . INCO is just now taking over Falconbridge which is top 5 in the worlds largest mining companies . Between both companies they own thousands of mines and refineries around the world . When China gets ahold of these companies , they'll control probably 98% of the worlds minerals . Look around your home and see whats made of metal ... then tell me when China gets ahold of this they won't have control over a HUGE market . There are 2 major things that run this world ... the first is oil ... the 2nd is minerals .
I try my best .... even if it took me 20 minutes to type it all out ... I really gotta learn to type with more than 2 fingers . ;)Quote:
Originally posted by ACEOUTDOOR
Good post man, for a Canadian. LOL Just messin with you Bro
I've read that the Canadian national debt was somewhere around $600 billion and it's costing us approx $42 billion a year in interest alone . That's just some quick numbers I've found . We have a population of about 35 million people .Quote:
Originally posted by prepracing
I agree, we ( the U.S. ) may as well just quit keeping up with the national debt because it will never get paid off. And I would be interested to know what other countries national debt is ?
Maybe your new president will tighten up the belt, a little.
ok well first of all when you attack someones personal belief and say that my california hippy whatever you said that is a fallacy of language and that just makes your argument go down the crapper, if you dont know what that means than go back to school, if you have read anything includig my post i said work force WORK FORCE. and second of all i am not hippy hell no. read open your eyes and read jsut b/c china is buying stuff and all that does not mean they are going to become the next superpower but this topic is worthless talking to people who have really no idea what they are talking about this is a quad site