I for one am voting for Barack Hussein Obama

[discojoe]

1. Find statistics that are from TODAY and not 10-15 years old.
2. Find statistics that include the whole population. My numbers are correct.
3. The European Countries have a large population, so please look at that instead of looking at one country alone. Political systems are similar.
4. It's strange how the American dream seems to be more real in Europe than in the States. Here it's actually possible to live a good life even though your parents lived in poverty. In the US that's mostly a nice story......

And by the way, Europeans probably wouldn't care so much about how you seem to want to kill your own economics lately had it not been that your economy is so big it affects us as well. We just would like you to get back in business. And for some reason Europeans see only Obama as a solution. And we don't get how you can be so blind when things fall apart around you... I guess it's like Socionics- it's hard to evaluate yourself?

And I'm no communist. Far from it. I'm all about personal freedom. I'm Delta, you know.

Wait a minute, you're the one who used Norway as an example, so complain to yourself if you've got a problem.

The fact is that Norway is a tiny country with massive natural resources and a mixed economy. You can't use it as a model of socialistic success.

[discojoe]

US GDP is inaccurate. If US debt goes up so does the US GDP. What does that tell you? You do not grow richer as your debt grows do you?

I'm not saying there's nothing wrong with how the Federal Reserve prints out inflation money at its convenience, but as long as the debt can be turned over as the bonds mature, it isn't something to panic over.

Having problems finding arguments now, have we?

No, we haven't having problems. We just having trouble seeing what argument you've made other than citing three facts about Norway, plus rhetoric about the European standard of living (speaking of which, check out this link)

[Wittmont]

I'm not saying there's nothing wrong with how the Federal Reserve prints out inflation money at its convenience, but as long as the debt can be turned over as the bonds mature, it isn't something to panic over.

Protecting the bond markets was one of the main reasons the US government had to step in and nationalize Fannie and Freddie Mae. If the Chinese and other creditors were burnt there the damage would certainly spread over to the Treasury bonds.

Ultimately the problem with the current system is that it is unsustainable. Even the US has limits to it's credit and we are on the verge of finding out exactly where those limits are.

[discojoe]

tl;dr

[discojoe]

http://www.learningrx.com/reading-skills.htm

HURHURRHURRR NOW I FEEL LIKE MY READING SKILLS ARE INADEQUATE SINCE I DIDN'T FEEL LIKE READING YOUR LONG, BORING POST