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Hugh Conway

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Posts posted by Hugh Conway

  1. [

    They're way poorer than us and probably will be for decades, they're aging rapidly, there's going to be something like 130-million mathematical bachelors cruising around the Chinese interior, and their power structure is a net long-term liability, rather than an asset.

     

    Those sound reasons supporting external warfare. A huge group o f pissed off poor horny men.

     

     

    Amusingly there are currently thousands of Americans risking punishment to illegally work in China. It's easier to entire legally and stay illegally in China; thanks to the W regime the US wastes billions and generally makes life a pita to enter legally for visitors from many countries.

     

    Course like every Lynette failed wasteful policy jay never supported that

  2. For myself, I'd rather we be the hammer than the anvil. Be the ones who dictate, rather be dictated too.

     

    Oh, we're soon to be the anvil. And not because our military prowess has been usurped. It will be by those countries that have invested in technology, education, infrastructure, and implemented their global economic vision. And not flushing their treasure into the global military dominance black hole. India and China are coming on.

     

    [1980's]Don't forget about Japan![/1980's]

     

    All things being equal, people living in the US should be far less concerned with a relative military decline of the US than people who have collectively lived under the security blanket that the US has provided since WWII. Export driven growth is quite a bit easier when you don't have to worry about secure shipping lanes, etc, etc, etc...

     

    We'll be fine.

     

     

    :lmao:

     

    80s Japan - effectively banned from having a military, democratic, interested in engaging with the west

    00s China - largest standing army in the world rapidly militarising with technology stolen from the West, bizarre cleptocratic/communist system of government, interested in dominating the west

     

    Yeah, it'll work out great. At least well get some shitty copies of climbing gear along the way so we can't even trust that. Oh, and they'll rip off everything else along the way:

    http://birdabroad.wordpress.com/2011/07/20/are-you-listening-steve-jobs/

  3. [video:youtube]qpMHJstJwD8

     

    I couldn't fit the Cartier boutique into my picture of Mao saluting his loyal phalanx of skyscrapers receding into the Chengdu chemical fog but relax, it's there.

     

    It's a new world over there, and an ugly one, but theres definitely capitalism (why the businessmen in the west cream their pants) but its not all as they know it (why the gweilo get scammed)

  4. Firstly, some situations are not that fucking complicated.

     

    And if you make shit up they are even less complicated!

     

    Clearly the responsible thing to do is borrow against future earnings instead of raising taxes! yay!

  5. In one case, you wipe out the one-off debts and there's no gap between taxes and expenditures to worry about. In the other case the gap between taxes and expenditures opens up again immediately after the old debt is wiped out, and keeps growing indefinitely

     

    :lmao:

     

    The government had pledged to cut spending and increase taxes in 2012 to the tune of 3.6 billion euros in the latest in a long line of austerity plans as it strives to get its budget deficit to under 3 percent of gross domestic product (GDP) by 2015.

     

    ......

     

    Ireland is aiming to squeeze its deficit, currently the worst in the euro zone, to 10 percent of GDP this year from nearly 12 percent in 2010.

    http://uk.reuters.com/article/2011/07/04/uk-ireland-economy-budget-idUKTRE7633J020110704

     

    emphasis mine press date of 12 days ago regarding the Irish budget. Clearly they are better off than the rest though because.......... they are better than the rest.

  6. Ireland actually has a fairly productive private sector that can deliver production that equals or exceeds what the country consumes. Not the case with the PIIGS.

     

     

    :lmao: PIIGS = Portugal, Ireland, Italy, Greece, Spain. The governments done in with debt as are private households and once again everyone's leaving Ireland to find work. Just because they are ideologically appealing to you with low taxes and crap services doesn't mean they are actually healthy. As a household debt to disposable income ratio of 190% would show.

  7. Insolvent basket cases will opt for default primarily by inflation, non-basket cases lean more towards benefit cuts.

     

    You're referring to the banks here?

     

    The reason why Ireland's a basket case? No, no, of course not. They just need more tax cuts!

  8.  

    This is what people say...(ie attack the person, not the idea) when they are too stupid to come up with a rational argument and too proud to admit that they themselves are full of shit. LOL

     

    :lmao:

     

    Amazingly Jay keeps trying and is always civil, while the content-free fucktard-spew keeps flowing: "you are dumb", "you are full of shit". Wow! Convincing!

     

    You mean I should throw up some graphs and cherry pick some numbers so content free fucktards like you and bill get fooled?

     

  9. so does germany get to foreclose on the parathenon? rename it the glockenspeil and keep the gate till they get the nut back? :)

     

    I'm waiting for another quality Jay_B rant about how crappy germany is with the usual cherry picked statistics

  10. I'm focusing on the growth of government spending that has been occurring for no particular reason for decades.

     

    No particular reason? Seriously?

     

    Seriously. It just keeps going up through thick and thin, good and bad. Up up up. Look at the chart from 1923 - 2010. Up up up. Why did it increase during the Reagan and Bush years and has just continued to increase (based on 2005 dollars like the top chart shows)? Seriously. Up Up Up. More up.

     

    This country is too fucking dumb to survive.

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