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can we also reclaim green from the woo crowd? I like green.
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Dec 8, 2016 03:16
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loquacius posted:We will reclaim the worker's color red from the bourgeois Republican pigs SHY NUDIST GRRL posted:As long as it's not white. No white shirts. Blue and white are my fav colors 
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Dec 8, 2016 03:17
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Venom Snake posted:Blue and white are my fav colors israel meme
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Dec 8, 2016 03:18
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It's settled then, we'll be tie-dyed.
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Dec 8, 2016 03:19
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Lastgirl posted:ya check trump thread 4 deets, dont want to derail and watch Not A Step have an aneurysm over it Kung Fu Hustle is one of my favorite movies of all time. Also I appreciate this haven thread for being mad about things with only minimal divergence into how drunk Baloogan currently is (super drunk).
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Dec 8, 2016 03:28
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Serious question, does the deficit really matter?
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Dec 8, 2016 03:55
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punk rebel ecks posted:Serious question, does the deficit really matter? Nothing matters.
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Dec 8, 2016 04:02
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punk rebel ecks posted:Serious question, does the deficit really matter? Not in the least, except for our ability to pay the interest on it. American debt is regarded as one of the safest stores of value on the planet and treasury bills are frequently held as secondary cash by private and public entities. American debt is in high demand because we always, always, ALWAYS pay the interest on it and no one ever expects us to default, meaning American debt is accepted as value without having to go through the process of redeeming it to the Treasury for cash. Other nations can't use American debt as a weapon in a trade war because they have too much of it. If China were to destabilize the American economy by trying to cash in a bunch of debt at once, or some other equally dumb scenario, it would tank the global market and drag everyone else down with us. We are too big to fail. Everyone owns a little slice of American debt, because having American dollars or T-bills on hand to buy American goods (or engage in international trade with nations you don't trust as much) is super good, and hedging your own economy by holding American debt is super secure. The debt is meaningless, insofar as the rest of the world can rely on us to keep paying it on a regular basis. Thats why tantrums over the debt ceiling are potentially so destructive. E: Repeat to yourself over and over that The Government is Not a Business. The Government is Not a Business. The Government is Not a Business. And anyone who says it *should* be run like a business is assuredly full of poo poo and has no loving clue how anything works. Second E: If you needed something that was going to keep its value in the long run and you had to choose between gold and American debt, you'd pick the debt. Gold isn't a security, its a commodity whose value fluctuates all over the place. T-bills have a guaranteed value at maturity and will expose you to a level of risk so low that the interest rate on T-bills is frequently referred to as the 'riskless rate'. It won't be much, and may even be negative, but its an absolute known, and entities are more than willing to lock in negative interest rates if they fear cash might fare even worse through inflation. Nix Panicus has issued a correction as of 04:16 on Dec 8, 2016 |
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Dec 8, 2016 04:05
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Not a Step posted:Not in the least, except for our ability to pay the interest on it. American debt is regarded as one of the safest stores of value on the planet and treasury bills are frequently held as secondary cash by private and public entities. American debt is in high demand because we always, always, ALWAYS pay the interest on it and no one ever expects us to default, meaning American debt is accepted as value without having to go through the process of redeeming it to the Treasury for cash. But what if, and hear me out here, we ran government like it was a Business??
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Dec 8, 2016 04:06
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To the extent that interest payments on the growing debt saps part of the budget and the number keeps growing, yes. But I've never in my life heard a candidate talk seriously about actually paying into our debt by cutting defense spending or raising taxes - its only offered up as a bludgeon to kill social security and other programs that help normal people.
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Dec 8, 2016 04:06
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GOOD TIMES ON METH posted:But what if, and hear me out here, we ran government like it was a Business?? Not a Step posted:E: Repeat to yourself over and over that The Government is Not a Business. The Government is Not a Business. The Government is Not a Business. And anyone who says it *should* be run like a business is assuredly full of poo poo and has no loving clue how anything works. gently caress yoooooooooou
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Dec 8, 2016 04:09
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let me remind you that when Trump ran business like a business he went bankrupt 6 times and when he bankrupts the USA it might end human civilization
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Dec 8, 2016 04:12
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nama loving ste
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Dec 8, 2016 04:13
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Phi230 posted:let me remind you that when Trump ran business like a business he went bankrupt 6 times and when he bankrupts the USA it might end human civilization Art of the deal my friend
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Dec 8, 2016 04:14
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Japan has a lot of debt, but isn't going to default....
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Dec 8, 2016 04:15
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Not a Step posted:Not in the least, except for our ability to pay the interest on it. American debt is regarded as one of the safest stores of value on the planet and treasury bills are frequently held as secondary cash by private and public entities. American debt is in high demand because we always, always, ALWAYS pay the interest on it and no one ever expects us to default, meaning American debt is accepted as value without having to go through the process of redeeming it to the Treasury for cash. so what happens when P&CEOOTUS Donald John Trump decides to reduce our debt by defaulting on payments or declaring the nation bankrupt
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Dec 8, 2016 04:18
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Question: can our colored shirts be flannel?
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Dec 8, 2016 04:20
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Its not a perfect parallel, but there are historical examples of large and powerful nations getting into so much debt they could no longer handle it on any reasonable level. The Ottoman Empire was at one time a technologically advanced world power, and part of their decline was taking on an increasing amount of debt owed to European nations, to the point where nearly the entirety of the national budget near the end went solely to satisfying interest on said loans. And then when they went bankrupt, British warships appeared on the horizon...
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Dec 8, 2016 04:20
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punk rebel ecks posted:Japan has a lot of debt, but isn't going to default.... If I remember correctly, the vast majority of Japan's debt is held by it's own citizens, which puts it in a weird situation. Japan has an *astounding* amount of debt for its GDP, and as a tiny island nation hanging out next to an up and coming superpower its geopolitical situation is nowhere near as stable as the USAs. It also has all kinds of long term structural problems that does not make Japanese debt super appealing. But since Japanese debt is overwhelmingly held by Japanese citizens and banks all of those factors end up not mattering that much. As long as the Japanese are willing to continue buying Japanese debt everything will work out, even if the rest of the world regards it as somewhat shaky.
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Dec 8, 2016 04:21
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Fullhouse posted:so what happens when P&CEOOTUS Donald John Trump decides to reduce our debt by defaulting on payments or declaring the nation bankrupt america is made great again
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Dec 8, 2016 04:21
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We default on the debt so America is freed from the shackles of globalism. bing bong so simple
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Dec 8, 2016 04:22
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Phi230 posted:let me remind you that when Trump ran business like a business he went bankrupt 6 times and when he bankrupts the USA it might end human civilization I am so excited for that.
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Dec 8, 2016 04:22
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Fullhouse posted:so what happens when P&CEOOTUS Donald John Trump decides to reduce our debt by defaulting on payments or declaring the nation bankrupt in short terms, megacorps actually take a massive hit. For example, McDonalds will not payroll its employees, etc... Tech is dead, so giants like Google, Oracle etc.. get hosed Tens of millions lose their jobs, tens of thousands of businesses go out of business, even more companies shrink. Public funding loving dies, meaning any and all welfare is straight up gone and things like roads and bridges will be considered luxuries. Not like apocalypse but like great depression x 100. And when Cali actually exits, everybody is gonna be headed californiy-way again. Its gonna be the Oranges of Wrath.
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Dec 8, 2016 04:24
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The Democrats' slogan for the next four years should be "Is America Great Yet?"
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Dec 8, 2016 04:24
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Phi230 posted:in short terms, trump's poll numbers go up 10%
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Dec 8, 2016 04:25
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and trump is gonna stand on the ashes like bagdhad bob and claim america is great, as the angry mob gathers on penn avenue
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Dec 8, 2016 04:26
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Well What Now posted:The Democrats' slogan for the next four years should be "Is America Great Yet?" "Are you better off now than you were four years ago?" but in a really snide, off-putting way.
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Dec 8, 2016 04:26
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Sarcastic slogans, that's a surefire winner.
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Dec 8, 2016 04:27
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logikv9 posted:trump's poll numbers go up 10% oh and thats just in the USA, globally itll kick off a wave of depression the world has never seen before its gonna be afuckin great, the world is gonna be so unstable. Powers who are dying, like Russia, will lash out at its neighbors. India-Pakistan, NK vs. SK, its gonna be a war man
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Dec 8, 2016 04:28
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Fullhouse posted:so what happens when P&CEOOTUS Donald John Trump decides to reduce our debt by defaulting on payments or declaring the nation bankrupt Uh, we walk off a cliff into the loving unknown I guess. During the Obama years it was seriously discussed that the duties of the President as laid out in the Constitution might give him the power to override Congress if they chose to poo poo America's pants. But if Trump and Congress are on board and the Justices can't compel the government to stop being dumb as gently caress we may be looking at another global recession. So yeah that'd be amazingly bad. tower time posted:Its not a perfect parallel, but there are historical examples of large and powerful nations getting into so much debt they could no longer handle it on any reasonable level. The Ottoman Empire was at one time a technologically advanced world power, and part of their decline was taking on an increasing amount of debt owed to European nations, to the point where nearly the entirety of the national budget near the end went solely to satisfying interest on said loans. And then when they went bankrupt, British warships appeared on the horizon... The difference here is that America, and by extension American debt, is such a critical part of the global economy that there just *isn't* anyone who could show up on our horizon. When the Ottoman's can't pay the bills Europe can auction off the country. If the US refuses to pay it's bills the rest of the world goes down with us because there isn't anyone even remotely big enough to step in and *do* anything about it. We are too big to fail. Nobody can do anything to us without getting crushed themselves. Also we have the best military on land, sea and air and can murder any two nations at once as per doctrine. We only really gently caress up when it comes to doing anything besides destruction (we are *so* good at blowing poo poo up though)
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Dec 8, 2016 04:28
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Venom Snake is a a real inspriration; starting an illegal mercenary army and using it to take over a county-level political party.
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Dec 8, 2016 04:29
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im really eager to see how the USA responds to things like rationing, or even missing meals given that we're so loving fat we might not notice for a few weeks, so we got a buffer
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Dec 8, 2016 04:29
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Make the Depression Great Again Also
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Dec 8, 2016 04:30
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Not a Step posted:Uh, we walk off a cliff into the loving unknown I guess. During the Obama years it was seriously discussed that the duties of the President as laid out in the Constitution might give him the power to override Congress if they chose to poo poo America's pants. But if Trump and Congress are on board and the Justices can't compel the government to stop being dumb as gently caress we may be looking at another global recession. 
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Dec 8, 2016 04:29
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MizPiz posted:Venom Snake is a a real inspriration; starting an illegal mercenary army and using it to take over a county-level political party. yeah venom I'll join MSF if there is a dental plan and health insurance. Don't even care about wage
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Dec 8, 2016 04:30
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greatn posted:Sarcastic slogans, that's a surefire winner. Dems: Wowwww, don't you guys just loooooooove Trump? Voters: unironically yes
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Dec 8, 2016 04:30
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Everybody's too happy at this meeting
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Dec 8, 2016 04:31
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On a side note I don't think we're going to default on the debt. Trump is a moron who thinks this is a good thing but Congress runs on that sweet corporation money and they will not let themselves willingly murder the world economy. It was nice leverage against a Democratic president because "gently caress obama" but now they know if they let Trump do this they're going down with him.
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Dec 8, 2016 04:31
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and out of the ashes will rise the United Syndicates of America
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Dec 8, 2016 04:32
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| # ? May 24, 2024 18:39 |
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However, feel free to quote that and use it sarcastically in the final moments before SA is closed because our cloud hosting company went under overnight thanks to a sudden hyper-recession.
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Dec 8, 2016 04:32
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