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defacto7

(13,485 posts)

26. I'm no economist.. but,

Tue Nov 26, 2013, 02:30 AM

Nov 2013

What makes us feel like the US debt means anything? at all? that is has any effect in the long haul except fear of it? We still have a debt for the Civil War that is unpaid but it has become insignificant due to the expansion of the US economy since then. Our problem is not with our debt to China or anyone else, our problem is a stagnant economy. Turn the economy loose through government program stimulus and the debt becomes a non contender at home or abroad. In that scenario, China needs us more than we need them, same with SA.

The debt is a smoke screen for fear mongering by the GOP which plays into their gutting of the US government and economy for the enrichment of corporations and other power structures... and in some extreme cases, to bring on a BS religious Armageddon.

Well, that's what I see.

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39 replies

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Highlight:

Iran nuclear deal: Saudi Arabia warns it will strike out on its own [View all] oberliner Nov 2013 OP

That is, the wahhabist shitheads are upset we won't be killing Shia for them Scootaloo Nov 2013 #1

They are upset because they have to leave their hotels in London, Paris, and Geneva. Jesus Malverde Nov 2013 #12

Hey, did you see this? The Stranger Nov 2013 #32

So Israel and Saudi Arabia are pissed at international agreements Ichingcarpenter Nov 2013 #2

"We were lied to, things were hidden from us," dipsydoodle Nov 2013 #3

k&r for exposure. n/t Laelth Nov 2013 #4

The neocon dream is dead, and the neocons are pouting. So shocking. tridim Nov 2013 #5

The neocons may have been derailed. Jesus Malverde Nov 2013 #13

"the leading Sunni Muslim nation was determined to be pro-active" BumRushDaShow Nov 2013 #6

I hope any strikeback or chemical drift will remain in Saudi Arabia/Dubai area Sunlei Nov 2013 #7

Good, leave, you fucking inbred hicks hatrack Nov 2013 #8

Stupid cosmicone Nov 2013 #9

I need to wonder if Saudi Arabia is more upset because of the fall of oil prices lostincalifornia Nov 2013 #10

you are correct madrchsod Nov 2013 #20

Ya think? ;) n/t madeline_con Nov 2013 #30

They're running out of oil and are scared shitless. CanonRay Nov 2013 #11

They have plenty of oil. Jesus Malverde Nov 2013 #16

That as well, but they're spending billions to pump seawater into their wells CanonRay Nov 2013 #23

They've been doing that for 40 years that I know of. n/t madeline_con Nov 2013 #31

No, the reason is the same reason the Russians went into Afghanistan in 1979 happyslug Nov 2013 #19

Thank you. This is excellent information, Ghost Dog Nov 2013 #29

You're actually wrong, regarding Afghanistan... Scootaloo Nov 2013 #33

Afghanistan was in the sphere of Influence of Russia since the 1830s happyslug Nov 2013 #34

So much anger over lack of war Bradical79 Nov 2013 #14

Seems they are angry because they did not control our foreign policy karynnj Nov 2013 #15

This deal pissed off all the right people. geek tragedy Nov 2013 #17

Not all the right people oberliner Nov 2013 #18

Fuck Saudi Arabia. jsr Nov 2013 #21

All the Saudis have to do is switch from petrodollars to petroyuan for international oil sales. Psephos Nov 2013 #22

The Chinese screw with the value of their money too much. Not to mention the stability. China is a okaawhatever Nov 2013 #24

The Saudis now fully realized their US "alliance" has made them quite vulnerable. Psephos Nov 2013 #25

I'm no economist.. but, defacto7 Nov 2013 #26

The Civil War Debt was paid off in 1874 happyslug Nov 2013 #27

Wow, good information it looks like... defacto7 Nov 2013 #28

Just another info update.. defacto7 Nov 2013 #35

One of the problem is HOW do you define the Civil War Debt AND how it is paid off happyslug Nov 2013 #36

And there we have it.... defacto7 Nov 2013 #37

I did not like what I had Written, so I rewrote it happyslug Nov 2013 #38

That's pretty amazing, happyslug. defacto7 Nov 2013 #39