Beyond Cold War to Mobilization for War Against Russia?

So if it isn't 'debt' but merely a sum which can be repaid any ol' time that your central bank deems it convenient, why doesn't your central bank repay it now; and as I asked before, why has it been allowed to increase to $22tr? In fact if big government can simply produce $gazillions on a whim, why does it become a debt in the first place? I suggest you watch Zeiteist and you'll find out I'm not quite as thick as you seem to think. I know you don't want to hear what I say but there y'go - that's discussion forums , , , you win some, you lose some?

PS If you do watch Zeitgeist and learn something from it, there's no need to thank me.

 

Short LO stock. Must be untrained.

 

Fantastic, and then you would have to invent another 'enemy'. What a dumb post-and you might like to reflect that were it not for Soviet Russia's enormous contribution toward eliminating fascism the outcome of the war might have been very different indeed.

 

Well, not surprisingly, you have a lot of confused thinking going on in that single paragraph. I didn't think it possible to be that confused. But apparently it is. For starters, I suggest you look up the meaning of the word debt. In order for there to be debt, you need at least two parties, a creditor and a debtor. In the cases were the US is both the debtor and the creditor, there is no debt. And that accounts for much of the US debt, the US is the both the debtor and creditor. As previously explained to you, that's an accounting artifact caused by the accounting method used by governments.

Two, yes the US central bank could buy up all American debt. But why would it do so? What would be the economic justification? There is none. That's why the US government hasn't done it. Just because you can do something it doesn't mean you should do it. I guess your mother didn't teach you that lesson. The US central bank will buy and sell US debt as it deems economically necessary, which is what it has always done. And the fact remains, the service on US debt is very manageable, accounting for a small fraction of its GDP.

Additionally, you didn't ask me, "I asked before, why has it been allowed to increase to $22tr?" before. And frankly, I don't know what you are talking about. I'm guessing you are referring to the debt ceiling authorization which includes debt the American government owes to itself.

Well, I'm not into specious conspiracy nonsense. So no thanks. Unlike you, I get my information from credible texts and sources. It's funny in a sad sort of way, the people who accuse others of being closed minded are the most closed minded people around. Before you go calling others names, and accuse them of being closed minded, you should first take a long and serious look at yourself.

 

Are you delusional?... Although I have noticed that some Swedes live in an alternate reality.

If the US prints unsecured dollars and buy back its debt, to the United States and the world occured dollars hyperinflation. It means the collapse of the world economy. And an even greater collapse of the US economy.
In addition, Donald Trump said that if interest rates rise, the US will be huge problems with servicing their debts. And, therefore, the US must prepare ourselves to "negotiate" with the creditors about "a certain discount".
Donald Trump has issued as many as two sensations. First, if the Fed did raise rates, the US can not pay its debts. Second, the US should prepare now "negotiate a discount". In other words preparing for the declaration of default.
Of course, all this has long been an open secret, about the state of the US economy we all know. However, it is noteworthy that about of default speak one for the two main contenders for the American throne, and, characteristically, it is this bidder is a great expert on bad debts.

The American corporations have serious problems. Total debt in just one year increased by terrible 30% , but the cash flow with which they have to service their debts in theory, by contrast, decreased. http://www.ft.com/cms/s/92efa126-0b...tional_standard&iab=barrier-app#axzz472zYmNYq

The site of the Financial Times paid, so I propose a schedule. Especially for alternatively gifted Swedes.



In addition, U.S. states stung by drop in April income tax revenue http://www.reuters.com/article/us-usa-state-taxation-idUSKCN0YG2K1

US leaders: Louisiana - drop at 81.5% (but there are procedures changed so that the real fall is unknown), North Dakota (greetings from shale) - falling by 34.7%, Oklahoma - 18%, New Jersey - by 14.8%

You need to read more. Eliminate gaps in your education.

 

Well, in the real world, reality isn't delusion.

Well, let's get back to reality, shall we? First, every dollar the US prints is unsecured. Every currency printed by ANY government is unsecured. And no, it doesn't in and of itself mean hyperinflation. Because as previously explained to you, inflation is caused by more than just money supply. Whither inflation occurs or not and how much inflation occurs depends on a number of factors. And if you had any knowledge of macroeconomics you would know that, but you don't. So enjoy rolling round on the floor laughing while educated folks laugh at you. Additionally, as previously pointed out to you, in order for the US to pay off all of its debt, you it would need an economic reason to do so. And thus far, you have yet to produce a good economic reason as to why the US government would ever need or want to do such a thing.

Yes, there are economic ramifications of expanding the money supply, but there are also tools the central bank can used to mitigate those ramifications and fight any inflationary movement (e.g. reserve requirements).

Seriously....you listen to Trump? Trump is a clown. Rising interest rates will not make it difficult to service the US debt and here is why. Rising interest rates only affects future US debt. It doesn't change the serviceability of existing debt even a single iota. Two, if interest rates rise, it will be because there is more demand for money; and there will only be a increased demand for money if the economy is growing; and a growing economy means more tax revenues; and more tax revenues means the US government has more money available to service its debt.

Well, here's the problem with your assertion. One, your graphic, if you read it, clearly indicates that it only applies to a subset of American companies...oops. Additionally, if you notice, there is a cyclic nature to the data. It's part of the normal business cycle. Unfortunately for you comrade it isn't indicative of anything dire. Companies take on additional debt for a number of reasons. When they grow; they buy assets and sometimes use debt to finance expansion. Oil companies in particular are now taking on debt to consolidate. When prices are cheap as they are now in the oil industry, buyers buy stuff. That's a good thing, not a bad thing.

LOL...well you don't need much of an education to read the article you referenced. Had you done so, you would have noticed there are many reasons why tax collections were down in April when compared to April of the preceding year. A number of states have lowered income tax rates. Kansas for example has no income on limited liability companies. You know when you lower income tax rates, you get less income tax. That's not a conspiracy; nor is it dire; nor is it unexpected.

The unfortunate fact for you and your comrades is the US economy has been growing modestly for many years now with virtually no inflation. And during that time the US has been buying back its debt, in order to expand its money supply and stimulate its economy. Mother Russia's economy is in decline.

And one more thing Destroyer of Illusions, I'll destroy another of your illusions, I am not a Swede.

 

As I expected - again you write nonsense.

Even if we close our eyes to falsified the character of the American economic statistics, and guided only by official data, the situation can not but cause concern. According to the Federal Reserve System http://www.federalreserve.gov/ the USA, in March 2016 the volume of industrial production in the country decreased by 0.6% compared with the previous month. However, according to revised data, in February, industrial production also fell by 0.6%, not 0.5% as previously reported.
The volume of output in the processing industry, which accounts for about 75% of the total industrial production in March decreased by 0.3%, the biggest decline since February 2015. Electricity production in March fell by 1.2% after falling 3.6% a month earlier. Production in extracting industry (including oil production) fell by 2.9% after a decline of 1% in February. Production of consumer goods fell by 0.4%. Production of cars and parts to them fell by 1.6%. As a result, the drop in production capacity utilization in the United States March decreased to 74.8% compared with 75.3% in February.
The development of the crisis in the US economy leads to the destruction of entire industries. Much has been written about the fall of the weekly number of drilling rigs. Over the past year their number has decreased more than twice. As of April 8, the US oil fields operated 354 rigs. This is the lowest figure since the beginning of November 2009. As a result of the end of 2015 began to decrease the volume of oil production in the United States. The trend has continued in 2016. According to data from the US Department of Energy, the beginning of April the amount of oil fell almost to 9 million barrels a day. In a state of bankruptcy were major players in the US shale sector - Energy XXI, Denver Parent, PetroQuest Energy and Chaparral Energy, Emerald Oil from Denver.
However, a truly tragic situation in the US coal industry. According to the US Energy Information Administration, 2016 will be the first since 1950, when the coal ceases to be the dominant source of electricity generation in the United States. (In 2016, natural gas will overtake coal as the main source of electricity.)
State industry is best illustrated by the dynamics of coal transportation. Revenues rail transportation from coal companies over the past four years, fell by $ 1.4 billion. In 2016 is expected to fall by another $ 500 million. According to the transportation of coal CSX major US railroad company in the I quarter of 2016 fell by 31% yoy . The fall in demand for coal led to bankruptcies in the industry. So, recently, about his financial insolvency announced the world's second-largest coal mining company Peabody Energy.
(In 2000-2008, coal was much cheaper gas, and due to it in the United States produced about 50% of electricity. Since 2009, the difference in the prices started to decrease, because large volumes of shale gas have brought down the price of this type of fuel. Crisis loomed shale sector could support miners, but the industry outlook remains grim. Another weights on neck miners can become environmental regulations.)
The closure of coal mines will lead to mass unemployment among miners. Job losses will amount to tens or hundreds of thousands. In addition, the reduction in the share of coal in the energy balance, can cause a rise in the cost of other energy sources and, as a consequence, lead to an increase in the cost of goods manufactured in the United States and reduce its competitiveness on the world markets.

 

Said the pot to the kettle, the problem his your assertions have been proven to be bull(*)(*)(*)(*). And that's the best you can do, is to call it nonsense. Well unfortunately for you comrade, it isn't nonsense.

Ok, ignoring the fact your reference doesn't support your assertion,....what does any of that have to do with the topic at hand? It has absolutely nothing to do with the topic at hand. It's another diversion on your part. It's yet another obfuscation on your part. You are just mindlessly dumping economic data without any understanding of its meaning.

The unpleasant fact for you is the US economy is the largest economy in the world and it and has been modestly growing since the end of The Great Recession in 2009. The US economy is approaching full employment with virtually zero inflation. The reality is the US doesn't have a debt problem and is perfectly able to pay its debts. That's why the interest paid on US debt is considered the "risk free" rate of return. Your beloved Mother Russia has a small and struggling economy with double digit inflation.

 

You can't compare the U.S. in 1929 to the U.S. today.

The United States and specifically New York is the financial capital of the world.

AA

 

Seriously?

And you being from the U.K. and all??

It was the policies of the U.K. and other WWI victorious powers that started WWII in the first place!!

Do you have ANY idea how many U.S. envoys were sent to Britain waning you that the WWI war reparations on Germany were too tough and it would result in a new wave of German Nationalism???

We called it.

And that is why we no longer allow you to run anything.

AA

 

LOL. The economic change in this nation has given us something I never thought I would see. People living under bridges. And you see them all over the south, probably because our cops do not chase them off. But then, our income disparity has reached gilded age level again and surpassed it.

I am as old as dirt. One foot in the grave. And clearly something is wrong with this economic model. It obviously is viewed differently than it was when we lived under the FDR model. We wanted our economy to provide living wage jobs for our own people, under the FDR way of looking at an economy. Now? It all about maxing out profit of wall streeters, banking and MNCs. At any cost to the population here. And it came with a tremendous cost.

Generally when the elites are allowed to do stuff like this, the people get violent and we hang the bastards. And unless this economic model changes, to provide for americans to live, we will implode socially. Then once again sanity will return and we will not let the elites attempt to satiate an insatiable greed, which will last a few decades until the suffering of the people is forgotten, and then the cycle starts over again.

 

Should have sent those envoys to France, since it was France who was raising so much hell about Germany paying them.

 

We did.

The British and French basically told us we were too young a nation to understand.

We understood just fine.

The main reason the United States has the most powerful military in human history is because we never again want another World War.

AA

 

You are correct about the Treaty of Versailles, of which America was a signatory. If you wish to fantasize that you (as Americans) were sooo clever that those "stupid" Europeans caused WWII you are quite ignorant of the facts & I suggest you educate yourself.

Why did American join WWI in the first place? ... Let me help you ....

It was an economic decision, Becaus your Zionist Financier had backed the British & French so far your economy could not face loosing all those billions of dollars owed to them.

Why did you join WWII, again because of economics & you forced Japan in warfare due to embargos against oil exports to them.

So don't come the high & mighty moral American crap with me - it doesn't wash & it is a fowl lie. Only accepted by dumb f***-wits.

 

They don't need to do that--their old communist buddies from the 50's managed to infest our Democrat party with Marxist "progressives" already.

 

Zionist financiers?

Yeah...that was the reason millions of American's joined the Military!! LOL!!

Back in 1941 the combination of the Japanese attack and the fact most American's still had very close family ties to Europe is why not only did we declare war but as well millions signed up.

Just be thankful we did because if we didn't you would be speaking German right now.

AA

 

All these pointless paranoia threads about Russia being started are very annoying at best. NATO often has maneuvers in response to Russia doing so and visa versa, have been doing so since the creation of NATO and this isn't even close to the war footing or size of forces on both sides since WWII.

You know, even if 20 threads a day are started about this OMG! WAR WITH RUSSIA! it still all adds up to nothing.

Best way to not have war with Russia is get Hillary Clinton defeated. She openly said she wants war with Russia and said she's going to shoot down Russia aircraft. So vote against Clinton.
Your fears then pacified.

 

Of course not, how foolish do you take me or any member of this forum to be. When the US asked for volunteers, you only got 80,000; that is why you enforced ensciption into the military, despite a mass media campagn that failed.

Yes in WWII lots have Americans had close ties with the Germans hence the German-American bund.

Lets face it American has absolutely no "moral" rights to either WWI or WWII, in both cases it was economic reasons why yoy joined.

In fact American is an economic warmonger worse than any Nation in the history of the World, including Rome & Britian.

 

Yeah...hate to tell you but 6,332,000 of U.S. servicemen and all servicewomen were volunteers in WWII.

By the end of WWII we had over 20 Million in the U.S. Military.

AA

 

Maybe you need glasses I said WWI had only 80,000

 

Considering I was discussing WWII and considering 80,000 is a LOT considering the absolute STUPIDITY of WWI I do not think you should complain.

AA

 

Given your superior attitude that the US saved the World & your ignorant comments about those stupid Europeans are & how you saved them from their own mistakes. I would say 80,000 is "chicken feed" compared to the British 478,893 volenteers in the first two months of the WWI.

Yes, Americans are at heart; half hearted cowdarly, johnny-come-latelies compared to Europe when faced with defending democracy.

Now shuve that up your pipe.....

 

And yet everything the US is doing is driving the world towards war... Of course propaganda and lies tells the people otherwise and they foolishly believe it, while ignoring the wisdom of the more senior statesmen. Like Europe before WWII, Washington is too wrapped up in its hubristic illusions of self importance to be able to accept advice from what it can only perceive as lesser beings.

 

LOL!!!

Wow!

It really kills you that the U.K. cannot even launch it's own sub's nukes without first getting clearance from the U.S. doesn't it? LOL!!

Those Vanguard Sub's carrying American Made Trident II D-5 Missiles cannot even launch them unless they first get the codes from the U.S. Military.

It kill's you doesn't it?

AA

- - - Updated - - -

That's fantasy.

If the U.S. was not around this world would have been at war a long time ago.

AA

 

It wasn't democracy Britain was defending, it was the imposition of their well being, standards and beliefs over the well being, standards and beliefs of others. I'm not saying that they were better or worse than others... more than likely they were better, but that might be because I too am part of the English speaking world...so there is a bit of prejudice there.

As for democracy, what kind of democracy is it when most of the volunteers were undernourished, and the rest were being sent over a no mans land by criminal generals to die? As one British comedienne said, why didn't they just shoot five hundred soldiers each day, instead of having them suffer in the trenches before being killed.