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Economy...?

Rhoto

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I believe the worst is ahead if we don't make significant changes next year.

The number one "product" of our America is debt.

More people profit more money than any time in history on letting other people have some. The housing collapse is an excellent example of this, in failure. Credit card companies strike more terror into more people than God. Now add the rising cost of energy and you see a problem.

Right now, Iraq costs roughly $4000 a second. Our current public debt is 9.39 Trillion dollars, and is increasing roughly 1.67 Billion dollars a day. The entire fiasco that is Iraq will probably cost 4-5 Trillion (if not more) when all is said done, cared for, repaired and rehabilitated. This is why you never fight a war of choice, FDR knew it.

China is bankrolling Iraq, there are more mercenaries in Iraq than US personnel, and Osama bin Ladin still lives. We need to figure out what the **** we're doing before the we get deaths exceeding 10,000 US. Though we've destroyed Iraq, so we broke it, we've bought it.

This is acting like a flesh eating bacteria, money that could've paid off social security, a national health care option, FREE COLLEGE, infrastructure overhall, nuclear power generation, energy exploration, and of course Detroit autoworkers.

Our economy has been a military industrial complex, and since military spending is the worst kind of spending there is, this presents a problem. If our nation were to bring back the overseas military bases, each major state would gain roughly 15 installations. Now this brings 2 new points:
1) The economic stimulus this would provide to the nation
2) What kind of country/organization would attack us if we had the top notch, constitutionally sound security?

But we can deal with that later.

The biggest problem at this point is our consumption and lack of refinement capacity of oil. The second is the amount of Co2 that is put into the atmosphere. Build nuclear plants, FORCE Detroit to start developing affordable plug in electric cars and problem is essentially solved. Of course we need to develop better batteries, use sustainable materials, and develop a purchasing system that would support a wider customer base.

Don't let them fool you, Nuclear power is hyper clean, has epic amounts of fuel available, emits zero Co2, and is the only realistic goal if we want to slow down global climate change. Write your representative and tell them you'll vote against them and tell at least 10 people to do the same, unless the start pushing Nuclear power.
 
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Bible_Belt said:
I read that Canada has even larger oil reserves than Iraq.

You Canadians had better be ready for some shock and awe, eh?
Kill Canada! From the South Park movie.
 
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gösta berling said:
Well, There's really nothing you can do about it, but at least your government is doing all they can by invading innocent countries such as Iraq to steal their oil, building military bases in different parts of the world etcetera. In the coming years we are going to see fuel shortages everywhere...
New evidence has come out that oil is not a fossil fuel, so it will not run out like a lot of news people are predicting.

http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=59991

The US of A has not stolen any oil from Iraq, btw. Where did you get that idea?
 

Create Reality

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the world won't implode if we run out of oil but somebody will get the short stick. the economy is stagnant because people are growing smarter than to spend all their money on useless consumer ****. but dont take my word on that.
 

SmoothTalker

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I can't agree with that at all, if anything the average person is spending more than ever. Okay maybe there's been a very small dip recently because of economic worries, but overall we're certainly not less prone to consume.
 

Rhoto

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We invaded Iraq to slow the oil production, and ideally, cut China off.
 

Corona

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We'll be fine.

Do you think our political and corporate overlords would kill us all off? Where would they get their money from then? :crazy: :crazy: :crazy:

At least, that's what I tell myself when I try to go to sleep at night. :(
 

synergy1

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ShockerGuy50 said:
Rhoto, I did some research about nuclear energy from the perspective of Japan. Uranium is expected to last about 50-70 more years which isn't that great.

source: http://www.world-nuclear.org/info/inf75.html

Also sorry not trying to turn this into a nuclear energy debate. (i support it anyways)
50-70 years gives research science time to figure out new technology, or how to mass produce existing technology like fuel cells.
 

decades

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less than attractive rich women can be your security blanket in times like these. :D
 

STR8UP

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leftForDeadPhoenix said:
Our economy actually grew a little this last quarter, so no recession. We still have a fairly free market, so we are ok for now. Socialism and taxes kill business. Both Republicans and Democrats are moving more toward full-blown socialism, which is cause to worry.

Presidents have very little effect on the economy, btw.
I always crack up when I hear people talking about how much better everything was when Clinton was in office, without taking into account the cyclical nature of economies and dozens of other factors that a president has no control over.
 

Evzone

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STR8UP said:
I always crack up when I hear people talking about how much better everything was when Clinton was in office, without taking into account the cyclical nature of economies and dozens of other factors that a president has no control over.
The problem is that the average person in the US knows basically nothing about economics, and the average politician knows even less. So, you can take credit for or assign blame to pretty much whatever you want if you're a good enough speech writer.

The government does not "control" the economy. This isn't the Soviet Union.
 
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STR8UP said:
I always crack up when I hear people talking about how much better everything was when Clinton was in office, without taking into account the cyclical nature of economies and dozens of other factors that a president has no control over.
How the fuk people think the President can control entire global markets is beyond me. Entire networks of economic geniuses still don't know everything about what makes markets works and still people think that one man or even a few dumb politicians somehow have wrapped their heads around the economy and are controlling it. And I get surprised when people freak out about UFOs...go figure.
 

Falcon

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The government can control an economy in a sense, or at least heavily influence it. Through government, laws are created in which all businesses have to follow. Decisions are made on what to subsidize, setting wages, going to war, how much to tax, etc. And this is not even considering monetary policy, in which an institution like the federal reserve has a huge amount of influence over the economy.
 

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I'm scared. :(
 

Cry For Love

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canadianmetalhead said:
I'm scared. :(
There is no reason to be. The problems mankind faces in the near decades may seem frightening because we are so used to extremely comfortable sedentary life, but in practice, people havent had any fear of hunger ever since 17th-18th century(other than some sadistic attempts by dictators) when more advanced farming techniques were invented.

Heck, people in africa keep getting poorer and poorer compared to the rest of the world and look how happy they are! Dancing and everything :cheer:
 

joe bloggs

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Thus the world's present measured resources of uranium (4.7 Mt) in the cost category somewhat above present spot prices and used only in conventional reactors, are enough to last for some 70 years. This represents a higher level of assured resources than is normal for most minerals. Further exploration and higher prices will certainly, on the basis of present geological knowledge, yield further resources as present ones are used up.
Known nuclear reserves are always going to be lower than actual nuclear reserves because there hasn't been any serious investment in exploration.
 
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