China world economic core in 2016.

[Minimalist]

Sure, that way the Fed can buy all your debt!

I wonder what you Americans are going do when you're no longer able to trade paper for real wealth?

The republicolibertarianazis will find someone for us to bomb.

[theVOID]

Sure, that way the Fed can buy all your debt!

I wonder what you Americans are going do when you're no longer able to trade paper for real wealth?

The republicolibertarianazis will find someone for us to bomb.

The sensible attitude to a debt crisis: Cut spending and bolster production

The American attitude to a debt crisis: More debt and bombs

Sounds about right.

[Minimalist]

There you go assuming that they want to solve a problem.

They don't.

Once more time. THEY are not YOU.

[reverendjeremiah]

Sure, that way the Fed can buy all your debt!

Man Void, it seems to me you are getting all excited about America's current economic woes...or do you want our fed to pay your debts for you and you are jealous because it will not happen for you?

I wonder what you Americans are going do when you're no longer able to trade paper for real wealth?

That depends on what you consider wealth, because wealth is what an individual considers has value.

The republicolibertarianazis will find someone for us to bomb.

..and the American Libertarians will surely cast their votes for them.

There you go assuming that they want to solve a problem.

They don't.

Once more time. THEY are not YOU.

Holy shit Min..thats wisdom!

[HeyItsZeus]

I love how every argument has to end up in a hatred of American Conservatives. I absolutely love it!

On a serious note... this was predicted to happen years earlier. Every Great Empire Must Fall.

Besides, the U.S. should have fallen a while ago but they cheated and borrowed cash to remain operational... like most other countries. In fact, if you think about it, the world should be in ruin right now if we "followed the rules."

[DeistPaladin]

I love how every argument has to end up in a hatred of American Conservatives. I absolutely love it!

That's because they fucked up my country and, in the process, the rest of the world.

[theVOID]

BTW, I am not sure what the meaning of the phrase in the title "world economic core", is.

Not my language, I had assumed it was a mix of their becoming the largest sovereign nation in terms of the size of the economy, their currency rapidly gaining purchasing power, the pervasiveness of their manufacturing sector and the trends of financial institutions setting up major offices - I agree the term 'core' doesn't really work, but that's the sense I got.

That's because they fucked up my country and, in the process, the rest of the world.

Agreed, the only problem is the "solution" is just going to make shit worse.

Bernanke looks like he's stopping QE2, that's potentially good news for inflation, though your treasury might be doing something similar, Bernanke hinted at a stimulus towards education spending during the press conference, not a bad idea if they're going to insist on mucking around with the markets regardless, definitely better than giving it to corporate fuckers.

Despite the FED announcement he dollar is down, the DXY closed at 73.10, that's only 1 point shy of the worst of the recession. Gold was up $16 yesterday, that's around 1.2% i believe. Good gains.

[Ashendant]

BTW, I am not sure what the meaning of the phrase in the title "world economic core", is.

Not my language, I had assumed it was a mix of their becoming the largest sovereign nation in terms of the size of the economy, their currency rapidly gaining purchasing power, the pervasiveness of their manufacturing sector and the trends of financial institutions setting up major offices - I agree the term 'core' doesn't really work, but that's the sense I got.

They know they can't have those 2 at the same time

[theVOID]

Nonsense.

Their increasing purchasing power means a number of things.

1. They can import raw materials, oil, other commodities, food etc at a cheaper price leading to cheaper goods to trade and consume.
2. They can spend money in other countries more effectively, that massively boosts their industrialization efforts of 3rd world African economies of which they reap enormous benefits and develop these emerging markets into valuable trading partners.
3. Prices for goods and services decrease relative to the currency, improves the standard of living.
4. They can buy more of their own goods and services, further increasing their standards of living.
5. They can more effectively modernize more of their own industry, leading to higher production.

[Cinjin]

I love how every argument has to end up in a hatred of American Conservatives. I absolutely love it!

That's because they fucked up my country and, in the process, the rest of the world.

A LOT of things fucked up our country and it's ignorant to make a claim that only one group solitarily holds that responsiblity.