65 replies to this topic

[Michael Hardner]

Responding to questions about the sustainability of something by pointing out that the sun will one day cease to exist is at least good for a few laughs

It's a response to irrational scare mongering, is what it is. 'Sustainability' is a relative term.

[Michael Hardner]

One quick point though... China can only flood the west with cheap garbage because we run large trade deficits with them.

"Cheap garbage" such as cars, electronics, pharmaceuticals ?

"We" run trade deficits ? Who is "we" ? Does that include the multinationals that manufacture over there, and secure profits on our shores ?

Our dollars are losing value against most of the important things we need to buy (food, energy, college tuition, medical care, etc)

"Our" dollars, again... you overstate the value of national borders. If they were as strong as you seem to think they are, then the business wouldn't go there in the first place.

[dre]

It's a response to irrational scare mongering, is what it is. 'Sustainability' is a relative term.

Pointing out that modern monetary policy is regressive isnt scare mongering. I explained exactly why thats the case and if you could write a real rebuttal or point out any obvious flaws in my logic you would have. You dont have a clue what youre talking about which is fine... not everyone is interested in this stuff, but not sure why youd bother polluting the thread with meaningless crap at all if thats the case.

[Michael Hardner]

Pointing out that modern monetary policy is regressive isnt scare mongering.

Saying the system is about to collapse is scare mongering.

I explained exactly why thats the case and if you could write a real rebuttal or point out any obvious flaws in my logic you would have.

Bud says: "ron paul is right; the current system is not sustainable."

That's a statement of a conclusion, not an argument. I feel fine with starting out a rebuttal by juxtaposing an opposing statement of equal weight, and a dash of ridiculous as well.

"Not sustainable" has, in these discussions, included a statement that economic systems have only gone up to 300 years without collapsing.

You dont have a clue what youre talking about which is fine... not everyone is interested in this stuff, but not sure why youd bother polluting the thread with meaningless crap at all if thats the case.

I came into these discussions on money supply and economics with less knowledge than I have now. You were very polite and engaged with me until I educated myself to the point where I disagreed with some of your more outrageous statements.

If we're talking about major changes to economies, which we are, then dispassionate consideration of facts is what needed, not scare-mongering and scapegoating.

[bush_cheney2004]

..."Our" dollars, again... you overstate the value of national borders. If they were as strong as you seem to think they are, then the business wouldn't go there in the first place.

Agreed...the self admitted commerce in cross border contracts belies any credibility in such a position. Fifteen years ago I provided "technology transfer" to the Chinese in exchange for opening up a huge market for my company's goods and proprietary processes. They were not the scary "red menace" so often portrayed in media, but rather hard working people with an insatiable appetite for "western ways".

If US investment is/was good enough for Canada, then it is is good enough for China too, with way more upside.

[bud]

Bud says: "ron paul is right; the current system is not sustainable."

That's a statement of a conclusion, not an argument. I feel fine with starting out a rebuttal by juxtaposing an opposing statement of equal weight, and a dash of ridiculous as well.

despite your troll-like comment, i gave a response and if you were truly interested in a real discussion, you would have responded to it.

however, you didn't respond. here is another chance:

i'm talking about the credit and money printing system that the current economic structure is based on. i'm talking about the socialist system created for the corporations. i'm talking about the increasing power of the lobby/special interest groups that trump the need of the majority.

this is the unsustainable system that, if not fixed, will result in a collapse.

Edited by bud, 22 May 2012 - 08:09 PM.