The end of the American Consumer and Bretton Woods




The socialist Republic of the United States

TRUTH
http://www.bloomberg.com/apps/news?pid=20601087&sid=aP5mpMUORBWM

Stimulus 2
http://www.boston.com/business/articles/2008/10/10/fed_congress_consider_2d_stimulus_program/

consumers changing
http://www.ft.com/cms/s/0/5f752220-9623-11dd-9dce-000077b07658.html?nclick_check=1

World cutts off U.S. spending spree
http://www.washtimes.com/news/2008/oct/12/global-creditors-end-us-spending-spree/

separate from the 700 billion dollar bail out, gov to spend 40 billion a month buying up sub-prime and alt-A debt.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aDjJYMSphyM0&refer=worldwide

The nationalization of banks in the socialist republic of the United States
http://www.breitbart.com/article.php?id=D93OL0980&show_article=1

GM and Ford
http://www.cnbc.com/id/27133157

A run away inflation train, Jim Rogers
http://www.cnbc.com/id/15840232?video=884520270

24 Responses to “The end of the American Consumer and Bretton Woods”

  1. TALCE1 says:

    jerami101 -

    Dude - what you need is about three cases of Bud Ice (or the brew of your choice) and a forty-hour non-stop Pink Floyd marathon.

    Sleep tight!

  2. jerami101 says:

    I think that a lot more people would pay attention to what the world leaders are doing if it weren’t so damned DEPRESSING! I have been following things and I get upset and sick of it all! I have to agree with George Carlin when he said that we create our leaders. Bullshit in, bullshit out! The average American doesn’t care about much more than their standard of living. As long as things are going along without big bumps they really don’t get involved.

  3. TALCE1 says:

    There is only one industry we most definitely cannot let fail - condom manufacturers. Can you imagine life without rubbers? VD would be on a rampage and then we’d have to bailout the hospitals, although a person could make a killing on penecillin stocks.

    Rock on America, rock on AND REMEMBER - ALWAYS with a condom!

    Peace.

    DON’T LET CONDOM COMPANIES FAIL!!! I encourage to support this initiative by bombarding Nancy Pelosi with your thoughts on the matter.

  4. TALCE1 says:

    Another good thing about being poor -

    Someone else can have their turn at being the world’s police force.

  5. TALCE1 says:

    One good thing about being poor -

    No where to go but up.

  6. worthlessdollar1 says:

    “They are going to pull the plug on the dollar.”

    Agreed.

    However, not yet. Perhaps not for another 5 - 10 years. China has well over $1 trillion in US dollar reserves. The Japanese have a similar figure. These countries cannot allow the dollar to crash, wiping out their reserves.

    First, they must “diversify” away from the dollar into other currencies, such as the Euro. This will take time. Do it too quickly, and it will cause a stampede. The dollar is ultimately screwed - but not yet.

  7. worthlessdollar1 says:

    The good news about the economic crash? Illegal immigration will fall.

    No jobs = fewer immigrants.

  8. AlexDiSanto says:

    From the cia world factbook 2008
    Italy gpd 1836000$M
    rom-ania gpd 246500$M

    These are FACTS not your disappointment to be a beaten up rom-anian in Italy .
    You are really fucking poor to compare your fucking shitty land to Italy ,arent’ you ?
    And about the future don’t be so happy ,if we go down the whole fucking rom-ania will be in the **** !

  9. AlexDiSanto says:

    Aahah you fucking mongol you can’t change the real world moron !
    So now in your little fucking shitty brain rom-ania is passing Italy the 7th economic world power uhauhauahuahah so silly you are !
    In rom-ania ther’re 20.000 italian insustries we are the 79% of you whole pil you economy is mainly based on European founds and Italian,Germans and France money and industries and you need to come in italy to wash our latrines sending money to home.
    That’s your fucking economy my little retard !

  10. DacianHellrazor says:

    Year retard,your are gonna move in western europe where we are based on real economi and not false markets,consumism,and depth. Romania has 17% of the GDP THAT IS 2200 EURO ON CAPITA and Italy has 107%of the GDP and represents a sum of 1.596.762.000.000 Keep listening to BBC and other Zionist like the italian Mediaset chanels and you are gonna get it. STOP LIVIN IN A BUBBLE!

  11. AlexDiSanto says:

    Hey dacian yuo are a fucking romanian pussie why do you speak about italy ?
    Romania is worse than us,full of debth ,corrupted and fucked by the italians wow the fucking world’s ******* ,if italy will fall down you’ll see a load of **** retard !
    Yuo just live for italy !

  12. jmbphilcrafts says:

    Thats true…….their is no cash that is flowing in the market it is all credit cards just listings upon listings on banks records but their is no cash actually that rotates…Majority of People on USA holds a credit cards and majority of home owners are on loan 10,15,30 yrs term.Majority of purchases are credit cards.

  13. DacianHellrazor says:

    Italy is fool of debth and if US falls beside the stock marcket with the export largely depending on USA and the national debt, which stood at roughly 124% of GDP in 1995, declined steadily until about 2002, but is rising again because of slow growth Italy was called “the real sick man of Europe”. Italy has no power,and Berlusconi is a fascist pig

  14. djsherin says:

    What about it? It needs to be created from a mixture of natural ingredients. It is wealth that is consumed or sold for money or bartered for another good.

    All wealth originates from nature. We don’t create those resources obviously. We can only invest time into using those resources to create man made wealth (more complex foods, shelter, tools, vehicles, infrastructure, etc.)

  15. TheCZMan says:

    Oh so there are two different types of wealth…
    But what about butter? I told that this example would be funnier…

  16. djsherin says:

    Since investment and savings are concepts relating to man made things, it was implied that the wealth that is created through investment and savings is man made.

  17. djsherin says:

    I see where we got off pace. What I was referring to by “wealth creation” was man made wealth creation. A berry is wealth, just not made by man. The berry example was to show how savings and exchange originated. We were thinking slightly different things. I was assuming that you were assuming that wealth creation was man made. We don’t create berries or any natural wealth so clearly we can’t save and invest in it the same way we do with capital goods and the like. (cont.)

  18. TheCZMan says:

    Well, I dont understand why I should not apply the pattern to it.
    “you can’t create wealth without investment. And you can’t have investment without savings. Savings is absolutely necessary for the creation of wealth in an economy.”
    So the input is irrelevant to a system? Well, I am not surprised…
    By the way, berries can be all collected without endangering the next crop.

  19. djsherin says:

    I don’t understand why you’re applying savings and investment to the creation of berries, or any natural resource for that matter.

  20. djsherin says:

    How can my patter apply of economics apply to a non-economic question? You’re asking where the berries come from. I answered that. Natural science is irrelevant to the issue of economics. My point is investment creats wealth; new investment must come from savings. You have to save “things” and in this case, those “things” are berries. It makes no sense to apply the theory to how berries are created. That is a question for natural science. I don’t understand why you’re applying savings and

  21. TheCZMan says:

    You provided a pattern and this pattern does not apply.

    This is all what matters.

    Ah those capitalists, nature is mothercare, the start of all.

  22. djsherin says:

    Nature ultimately provides the berries, and from there one can insure that berries continue to exist and grow, but without the process of nature, we can’t use berries. You’re trying to ask why 1+1=2. I can’t prove that mathematically, only intuitively. 1+1=2 simply because when you put one thing with another thing, you now have two of them.

  23. djsherin says:

    What are talking about? I don’t care where berries come from as an economist. I know they’re there and I know that in order to continue to have them, not all of them can be consumed. You don’t need investment to “create” berries. Nature creates berries and fruits. You can insure that enough berries and fruits survive to continue collecting from them over time.

    In the case of insuring you have enough seeds to produce for next year, the savings is not consuming everything at any one time (cont)

  24. TheCZMan says:

    Where do come the berries? Where does the investment to create berries come from? Where does the savings to allow that investment come from?

    Telling that it is nature does not suit your own pattern of thought. So provide a pattern that suits it for the said cases.

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