Did I say "="? No.Seth wrote:Did I say "="? No.rEvolutionist wrote:Keynesianism = Marxism? Ok.
You're trying to evade again. You claim that free markets = child slavery. Prove it.

Did I say "="? No.Seth wrote:Did I say "="? No.rEvolutionist wrote:Keynesianism = Marxism? Ok.
You're trying to evade again. You claim that free markets = child slavery. Prove it.
Only because the Chinese can't get enough of your rocks...rEvolutionist wrote:The Aussie dollar is fucken sweet, mate. Get some of it!
A new entente cordiale...Clinton Huxley wrote:Indeed. I see one of the potential candidates for the next EU Foreign Affairs wallah is calling for a beefed up European defence policy, sans America, as the US becomes less able and willing to intervene. Blighty, of course, will do its best to scupper this as nothing must affect our slavish adherence to the US. Bad choice, to my mind, as the UK (with France) could be in the driving seat of a purely European defence policy.JimC wrote:There are strands of American thought that would like to retreat behind a "fortress America", snarling occasionally at the rest of the world...
The multipolar world......
Would makle pay day interesting, everyone heading home with their wheelbarrows.rEvolutionist wrote:Our currency should be just lumps of coal, or lumps of iron ore.
I think he has already pre-surrendered.JimC wrote:A new entente cordiale...Clinton Huxley wrote:Indeed. I see one of the potential candidates for the next EU Foreign Affairs wallah is calling for a beefed up European defence policy, sans America, as the US becomes less able and willing to intervene. Blighty, of course, will do its best to scupper this as nothing must affect our slavish adherence to the US. Bad choice, to my mind, as the UK (with France) could be in the driving seat of a purely European defence policy.JimC wrote:There are strands of American thought that would like to retreat behind a "fortress America", snarling occasionally at the rest of the world...
The multipolar world......
You realise you would have to fight side by side with Svarty...
Not happening, we're in the middle of reducing our armed forces.Clinton Huxley wrote:Indeed. I see one of the potential candidates for the next EU Foreign Affairs wallah is calling for a beefed up European defence policy, sans America, as the US becomes less able and willing to intervene. Blighty, of course, will do its best to scupper this as nothing must affect our slavish adherence to the US. Bad choice, to my mind, as the UK (with France) could be in the driving seat of a purely European defence policy.JimC wrote:There are strands of American thought that would like to retreat behind a "fortress America", snarling occasionally at the rest of the world...
The multipolar world......
Not raising the debt ceiling will cause a "global financial meltdown?" Where do they get that?Scrumple wrote:http://www.newscientist.com/article/dn2 ... l5KftLUk3k
US government shutdown: Doing away with the dollar
What would the world look like without the dollar supremacy? US officials are hammering out a deal to end the government shutdown and increase its debt limit, hoping to avoid a global financial meltdown.
All it has to do is service its debt, which doesn't take a debt limit increase. It has cash flow to do that, and pay its bills. They just can't increase borrowing.Scrumple wrote:
Without a deal, the US treasury is expected to exhaust its ability to borrow money on Thursday. Soon after that, the government would be unable to pay all of its bills and then forced to default. The US dollar is the reserve currency for most of the world, so a default would be a significant shock to the global economy, perhaps comparable to the recession of 2008.
Yes, but raising the debt ceiling allows the government to even worse than that.Clinton Huxley wrote:The US spending something like $3.5 billion a day more than it is taking in tax receipts, I read somewhere. That's an eye-watering amount of rhino. Of course, I doubt the UK is any better, proportionally speaking.
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