nit paying back your debt is honorless...

How much do you think debt payments are? How much do we take in revenue monthly? Which number is higher? (By ten fold?)

Printing money to keep up with economic growth and cash demands is fine. Printing money in an attempt to spur growth is a bad idea.

 

Yeah, this is like two fat kids arguing over who's slimmer ROFL. I'd like to assure our allies of this:

We'll resolve this crisis. It might take a few years, it might take every and beyond every political measure in America but minds and hearts will change, the problem will be addressed.

The Empire must stand, or it won't stand at all. We simply cannot accept a fate as some "other country".

 

China is not the nation she once was. You need us over there more then we need you. If you are going to manipulate your currency to hurt American workers then you are no ally. You are a rival. Friends play fair.

Is that the Asia we helped build up? Can just do business with our Latin American and European and Chinese and Taiwanese and Singapore and Australian friends and the Japanese too after a countervailing duty make the game even again. Mexico means a lot more to us the Japan when it comes to trading.

yes you have no chance to pay it back to yourselves. Big inflation would be happening but demand is so low

Yeah, doesn't help any. Internal debt will bankrupt a nation too. You can only screw your own people over for so long. They lose hope for the future and your population ages and people leave and you have to keep printing and repudiating the debt your people foolishly trusted with you. There is a reason you have no foreign debt and it is because no one trusts buying into your currency. You just print so much we know it is pretty worthless to invest in bonds.

yeah like 95%. Because you couldn't get people to buy it who aren't forced to. America attracts foreign capital and that is a good thing.

It is definitely a high tax and the reason your nation's economy is stagnant and the export market relies on manipulation of the exchange rate to remain employed.

 

To compare the soundness of the American budget and currency issues to that of Japan's is way too far. Obama would have to be in office and Pelosi in the speakers chair for a decade before that happened.

 

I agree with this. If anyone handled their credit cards the way our government handles debt, they would go bankrupt. If I understand our debt correctly though, the biggest debt is to the American people so the rest of the world knows we are safe to loan money to. Our government can default on the American people without defaulting on the rest of the world.

 

Okay, so it's like a moridly obese dude and a fat kid arguing . We're fat, but they're obese lol.

 

You are wrong on so many levels. Japan is a top attractor for foreign investment. Our nation just limits the sales because we don´t want be dependend on foreigners. You understand that? Propably not. Beside that, you did build nothing in asia. Japan did build itself. If you want insult Japan, keep on that track. Is that the way you talk with allied nation? No wonder so many step away from you.

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yeah sure, we are "obese". You are aware that on the world health index Japanese people are considered the most healthy?

 

If you already know one number is ten times the other, then you must already know the numbers, so why are you asking me these questions instead of answering my questions?

Can you elaborate on that? They are increasing the money supply with things like QE, via ink or computer screen or paper-product-pushing, in addition to printing of course, not the same as just printing for replacement of worn-out currency paper notes, as that's only done by buying them back which is generally not done in the US as it's pointless when you're making new paper notes to increase money supply anyway.

 

It's the full GOPDNC party that is promoting the Ponzi-scheme economic system and needs to do a 180. That's why it's been like this for decades.

 

I don't know about this last part here..

Everybody, American or foreign alike, would be left high-and-dry at the same time. When that is.. Who knows.. Depends how many more blocks we can stack on the top of the upside-down-Jenga-pyramid-economy.

Otherwise, collapsing one should collapse the other.

For example, since USA now import manufacturing mainly, they are screwed with sudden end to import and no substantial domestic manufacturing base. If they default on domestic creditors, the domestic economy will crumble. Either way we'd be screwed by the giant ripple going from one side to the other.

 

I'm just glad i'm not the only one that realizes our problems are not isolated to one party. Both parties are responsible for our situation and it will take both of them to fix it. Their behavior right now is down right embarrassing though.

 

I will have ti take your word for it. Im humble enough to admit the complexity of economics is beyond my scope of understanding. That discipline always bored me when I was younger so I never gave it a second thought. I really wish I had been more interested in it though, because it is critical in picking the proper candidate when voting these days.

 

The raw mathematical concepts behind it are pretty straight forward and simple, but the nuts and bolts are daunting. I am certainly no expert either.

Another way to look at my point is this.. In order to secure additional borrowing, USA must continue convincing people to lend them more. So when you have two credit cards, you can't default on only one and make payments on the other, because you need to take out new credit cards to keep going. But defaulting on one has destroyed your credit score, so now you can't take out additional credit cards anymore.

You are a sharp guy.. So just think of it the same as like why you can't pay your way out of credit card debt by doing the balance-transfer juggling game.. I've tried that many years ago.. It doesn't work. It's mathematically impossible to avoid bankruptcy by borrowing. It actually makes things worse.

The fact that the USA claim they need to raise the debt-ceiling in order to sustain payments on existing debt should shock everybody.

 

Not all Americans are irresponsible. Just the ones that voted for Obama. 51% of the people have realized they can vote themselves free stuff. And that is exactly what the Obama adminsitration wanted. People dependent on his daily chick feedings. Yes you should be worried.
"When the people find they can vote themselves money, that will herald the end of the republic."

 

We find the behavior that a nation argues that much in public and letting conflicts escalate in tht scale to be uncivilized. You will never see that in Japan.

 

Would it be honorable if we hyperinflated the currency to make our debts more affordable? That's what will happen.

 

the u.s. will pay the debts to the foreign countries..but the goal is not to repay the debt to social security which was 9.7 trillion dollars as of the last time it was reported...they want to absorb this amount into the general fund someday so they dont have to repay and then this debt is wiped off the books

 

Healthy people, poor healthcare though. Comes with big socialism as well as that debt you have.

You do not have foreign investment in your currency and bond markets like you claim.

 

As usual you are wrong. Japan has an excellent healthcare system.

And of course we have foreign investement. Japan is the 3rd strongest economy worldwide.

Edit/Rule 2 violation/Personal insult/innuendo.

http://en.wikipedia.org/wiki/Japanese_yen

"The Japanese yen (円 or 圓 en?, sign: ¥; code: JPY) is the official currency of Japan. It is the third most traded currency in the foreign exchange market after the United States dollar and the euro.[1] It is also widely used as a reserve currency after the U.S. dollar, the euro, and the pound sterling."

 

Y E S

Don't trust a country with big guns. (Just joking)

 

See this is why I can't join your "team" either. You guys are both a joke.

If you don't think our children would be better off learning a little bit about honor, then I think we will start there with our disagreements.

I love this country, own a business and pay a butt load of taxes for you and everyone else. Heck I even voted against Obama if it makes you feel better.

Saying I need to get on America's team though? Please, I'm an All Star.

Try not to judge too quickly next time.

 

Even within the cream of the crop you have the crap of the cream. And with the US debt increasing everyday our government is slowly becoming the crap of the cream when it comes to indebtedness. Unfortunately the so called adults in Washington don't seem to have a problem taking their kids allowances to pay for their extravagances.

 

Too much time and energy gets wasted arguing over political puppets, who are little more than representatives for the oligarchs they work for.

It doesn't matter if it's Obama, Dubya, Tony Blair, David Cameron, Hollande, Berlesconi, etc.

It is pointless arguing for one 'side' of this false paradigm, however, that is precisely why it is designed in this way, so that in a blind partisan manner you pick an Obama over a Romney, or you argued for a Romney over an Obama, or whatever.

Forget doing that. Honestly. Even if your passions are well intended they are misdirected. Such people are all actors, stooges, puppets. The difference between them is superficial. You will NEVER address and solve ANY of your genuine grievances casting votes for 'leaders' of that type, from parties of that kind, from a system of this nature.

All that will happen there is that nation rocks from one crisis and mess to the next, with no end in sight.

You have to get past this idea of putting focus on these people, and even their parties. They are NEVER, not a single one of them, ever going to lead you anywhere, all they will ever do, and increasingly so, is make decisions and policy that imposes on you more, and removes more true freedom.

You have to look past all these actors with their controlled dissent and debates, and understand that no good can ever come from that which is built on the economic model that exists in the West today.

Anything that spawns from that will be defective by definition. Corruption and plutocracy soon follows.

Oligarchs run the show.

Which is what you have today. Which is precisely why you scratch your head and puzzle at the policies of Gov. The policies that you see as unfair and inefficient are not inefficient at all.

Indeed, they are very efficient - so long as your in the 'in club'. And most of you are very much not.

When you Gov makes a foreign policy that seems illogical and inflammatory to you, or when they pass legislation domestically that seems unfair on the people(like maybe this Obamacare), it's not that the policy is 'inefficient'.

It is 100% efficient - IF your objective is not the people and not the nation, but to suit the interests of the in club and oligarchs.

Simply put, if it seems that your Gov's priorities are always at odds with ordinary people - it's because they are.

Wasn't always that way, can be turned around again one day, but that's where we are at right now, I'm afraid.

And it is only going to get more like that, so really, if you are sincere at all, whatever you do, I would not seek answers from anyone who is a professional politician.

Esp not one in the established order.

America did produce men of some wisdom, long before this mess you see now that passes for 'American' (like Obama).

Lincoln was a smart man of his day. Were he alive, he would well understand what I mean, just as he understood back in his day. He famously spoke of having two enemies. The one that lay to the south. And the one behind his back, the international counting houses. Of the two, he considered the latter to be the worse.

He issued a currency called 'green backs' one which by it's nature does not suit the international counting houses.

They can't make money from it. If they cannot make money from it, they cannot dominate it. If they cannot dominate it, they cannot so easily corrupt nation and gov.

It's common sense. No need to be an economist to understand that part at least.

There were others. JKF wanted massive reforms, and I believe, and end to the Fed.

All things, inflation, debt, unemployment, recessions, depressions, house repossessions, etc etc, all of these things are avoidable. They are merely products of the system that I speak of, the one that you happened to be born into, but does not need to remain so(esp as its just so corrosive).

Therefore, it would not really matter what puppet you brought in to oversee this, it would remain the case.

Private currency speculators, Wall St, Fed Reserve, of course THEY are going to put out relentless propaganda to defend THEIR system, but the fact is, it is NOT good for people and it is anti nation.

There are alternatives to this scam, but don't ask the scammer, and don't expect those too dogmatic to offer any up.

The alternatives, once in place, would be better for nation and people, and really BAD for the bean counters.

You could have a credit programme. This would see a great many national projects being undertaken, all neglected by Fed Gov, as they usually are too busy thinking how to scam you.

All these would paid for with money that no longer came from the private international bankers.

You could then issue simple bills of exchange, putting millions to work on building up good national projects, and being paid by these bills of exchange.

Not backed by gold. People get paid in these certificates, people spend those certificates on other goods and services, thus creating more jobs for more people. In this way the people climb out of the crushing debt imposed on them by the international bankers.

 

That is the spirit we were looking for.

Getting currency and bond solvency lectures from the Japanese is crazy though. I dislike Bernacke but he isn't even that loose. Besides, there was never any threat of default.

 

How much foreign investment as a % do you have in your bond market?

The Japanese trail us in every major category of care without exception. Cancer recovery, heart attack, trauma, battlefield medicine, prosthetics, stroke, etc... You name it. We deliver the best results. Capitalism trounces socialism every time when it comes to quality. Otherwise they wouldnt have to force you to buy into socialism