youcanhandlethetruth

I'll give you that one on Wikipedia, though I don't trust it - especially for global warming or 9/11 ! )

You may well be right Bear - I'll assume you know about it much better than me.

What I'd add is that whilst the "national debt" of countries is getting worse and worse as you say, I don't think it means there are a lot of people making staggering amounts of money outside of the national "budget".

Most of the real wealth had been taken out of the dollar(do you recall Greenspan slagging off the dollar ?) and put into euro's and safer investments.

Not sure about the UK but basically my take is the privately owned Fed is destroying the US and it's dollar by design, and have already bailed before the crash.

I suspect the same may be true of the UK too.

Whether the balance of trade deficit is bad or not, I think the US may well attack Iran, but as Ron Paul states the trade deficit simply can't afford it.

Who knows how much the private bankers really make ?
The U.S economy could be chicken feed by comparison.

__________________
Before tyranny and television, "conspiracy theorists" never existed.

cointelpro/halfwits: Akria,Clippo,Besoeker,Bear,Eurosceptic Antlantacist,MikeUK

SuperiorSteve

When people talk about the current economic climate they keep the myth going. I don't think the UK is really heading for a recession as people think. Everything is controlled really by the people. It's us that cause inflation when we buy expensive stuff. Perhaps we should be forcing prices down.

If you're told something enough you tend to believe it but all we have to do is spend like we always have. I see no sign of this economic decline in Southampton. I just see the same empty buildings that have been empty for the last 5 years. The shops selling necessities (food, clothing etc) and luxuries (televisions, dvd players, computers etc) are all still going strong.

Ikon/Diva are being refurbished and will be reopening soon so they must be making money to be able to afford that. Although, saying that, the night-time economy will always contribute a large share (around 10%) of GDP anyway as we all enjoy going out, even with hardly any cash!

__________________
"Remember that you are an Englishman, and have consequently won first prize in the lottery of life" Cecil Rhodes

economicliberals.blogspot.com

SuperiorSteve

During World War II, the United States couldn't afford to produce enough equipmment such as planes etc but they did it because they took over the required resources. If the US decide to attack Iran then they will simply take the resources once again. They seem to have a habit of taking things. Why haven't they been charged with theft? What would be the penalty? Community Service?

__________________
"Remember that you are an Englishman, and have consequently won first prize in the lottery of life" Cecil Rhodes

economicliberals.blogspot.com

youcanhandlethetruth

Exactly - that's my point....

You're right - who tells them "no" - obviously there's money and resources aplenty ready and waiting.

It doesn't matter what the budget deficit says because it's really not a factor.
Why ?
Because it separate from the financial interests of those banks/corporations who benefit who aren't necessarily involved in government spending at all, but end up winning the oil and the "redevelopement" contracts when they go to war.

Ever heard of "Comprehensive Annual Financial Reports" ?

Please have a very quick look at this....
It explains some misconceptions about "budgets" and how they are perceived.


Now if this is suprising you or opening your eyes then I'm possibly going to shock you by asking you to consider WWII.

What if I told you that WWII (and WWI) was financed by the globalist bankers who supported Hitler ?

Don't you find it suprising that Hitler came to power during a period of dire financial difficulty for the German people, yet he was able to come up with the money needed to produce a military machine capable of nearly taking over the world ?

Think about it.

__________________
Before tyranny and television, "conspiracy theorists" never existed.

cointelpro/halfwits: Akria,Clippo,Besoeker,Bear,Eurosceptic Antlantacist,MikeUK

The Bear

That SOB got his cash by stealing it from the Jewish people in Germany and from people in the lands that he then invaded plus he had stopped paying reparations that he was required to pay as part of the Versailles Treaty.

kernow

Correct me if I'm wrong, but didn't he also stop importing manufactured goods and stepped up exporting manufactured goods to help boost the economy?

youcanhandlethetruth

My god - what a turnaround.....

Shame we can't do that in Britain !

__________________
Before tyranny and television, "conspiracy theorists" never existed.

cointelpro/halfwits: Akria,Clippo,Besoeker,Bear,Eurosceptic Antlantacist,MikeUK

g hall

In answer to the question Yes or sometimes No occasionally sometimes

__________________
"That government is best which governs least."
"This is a sharp Medicine, but it is a Physician for all diseases and miseries".
"To be "matter of fact" about the world is to blunder into fantasy --and dull fantasy at that, as the real world is strange and wonderful."

I don't ignore posters just any post made which meets my ID-TEN-T criteria

British-Conservatism

Britain has to build up its economic assets before it's to late.

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http://conservativedemocraticalliance.blogspot.com/

youcanhandlethetruth

If you look at America their manufacturing and exports are down and their (Chinese) imports are up.

A country that doesn't produce anything is heading for financial difficulty(though America and Britain are messing it up in a number of ways in addition to this too).

When all that is left is a service industry we'll be in deep trouble if we're not already....

__________________
Before tyranny and television, "conspiracy theorists" never existed.

cointelpro/halfwits: Akria,Clippo,Besoeker,Bear,Eurosceptic Antlantacist,MikeUK