Canadian Dollar

[Enes]

Oursorcing intelectual jobs from USA to other countries.

US$ being spent outside USA which used to be spend here for decades.

High job loss rate in USA while rest of the world shows shortage of qualified workers to fill all the positions open.

Why make USA richer when you can make few filthy rich executives even more filthy rich.
That is just ONE of quite a few problems causing issues in this country.



Now on the heavy industry:
since 80's USA has been sending the dirty manufacturing jobs to other countries, raising industry profits, and raising the profitability of other countries up making it a global economy.


Wars:
wars are bad, they tend to help create more jobs but those jobs are being paid from the tax dollars, not a good way of spending 100 billion dollars on something we as a country don't benefit from, true you just put about 10 billion into USA employment but the other 90Billion went into equipment that we didn't really need, to do what, kill people.. now don't even mention resources we wasted to make that 90billion of the equipment.

I supose USA is looking to just get rid of their aging military supplies that have been just sitting there.


Someone mentioned aging infrastructure, holy crap just think about how much it costs to keep a chiuaua fed, and then look at how much it costs to keep a 150 pound lab fed, do i have to say anything else?

[niterydr]

Originally Posted by dylan

If we were not in a few different unnecessary wars things would probably be different.

Please shut the hell up.

The dollar strength is about economics and rising countries not the fact that we feel the need to police the world.

Our failing infrastructure coupled with the fact that we artificially boosted our own economy after 9/11 is what is fucking our dollar globally.
When foreign investors started to worry about our failing housing market is when we REALLY started to drop, but the other countries booming/catching up is also evening the field.

Like it was stated, it is really a global market.

[A//// Guy]

Anyone seen what the stock market is up to these days?...

[dylan]

Originally Posted by niterydr

Please shut the hell up.

The dollar strength is about economics and rising countries not the fact that we feel the need to police the world.

Our failing infrastructure coupled with the fact that we artificially boosted our own economy after 9/11 is what is fucking our dollar globally.
When foreign investors started to worry about our failing housing market is when we REALLY started to drop, but the other countries booming/catching up is also evening the field.

Like it was stated, it is really a global market.

If we were not spending hundreds of billions of dollars on various failing wars, we would have more money. Our economy is an issue I am not denying, but you also cannot deny statements I have made. Policing the world is also not the only war I am talking about. The war on drugs is another battle our country needs to redesign. And as far as our economy not being effected by wars? What kind of joke is that?

[FattyBoomBatty]

I just saw a headline like yesterday that the dow is up, but I didn't read it, lol. Does that make me a bad business student?

[JET]

Originally Posted by dylan

If we were not spending hundreds of billions of dollars on various failing wars, we would have more money. Our economy is an issue I am not denying, but you also cannot deny statements I have made. Policing the world is also not the only war I am talking about. The war on drugs is another battle our country needs to redesign. And as far as our economy not being effected by wars? What kind of joke is that?

And where is the money from the war going? Back into our economy. This money was previously sitting in a slush fund doing nothing. Putting that money into our economy is good, it gives money to businesses, who give it to their workers who spend it on goods. The big part of the problem is many of these goods are now made overseas, so it doesn't stay here as long as it did in the past. A war is basically using tax dollars to supplement the economy, this is obviously just economically speaking. The more the money in the US gets turned over the better, that means not sitting on money in savings, etc.

[A//// Guy]

Agreed, Im not even going to argue or make points toward how our economy is doing well. (besides the housing market)

Also yea.. the Dow hit a record Index record high of 14115.51 on monday and closed at a record of 14087.55.

[FattyBoomBatty]

JET - I would be that alot of the money you said gets put back into the economy is actually going to building capital goods that can only be used for war, like jet fighters, armour for what-have-you and also fuel.

Also, what slush fund was that?

[FattyBoomBatty]

Originally Posted by M/// Guy

Agreed, Im not even going to argue or make points toward how our economy is doing well. (besides the housing market)

Also yea.. the Dow hit a record Index record high of 14115.51 on monday and closed at a record of 14087.55.

It always will have fluctuations, what will be nice to hear about is that it's been going up for a year. That would give people real hope.

[Speedfreak]

Originally Posted by M/// Guy

Anyone seen what the stock market is up to these days?...

Originally Posted by M/// Guy

Agreed, Im not even going to argue or make points toward how our economy is doing well. (besides the housing market)

Also yea.. the Dow hit a record Index record high of 14115.51 on monday and closed at a record of 14087.55.

Yes, I watch the market everyday. The problem is, this is the money coming out of housing/real estate. It's a see saw effect, money first came out of the stock market(after the bubble bust), then into the tangible/real estate market, now that is busting, and the money is going back into the stock market. The problem is, the stock market is now heavily moved by momentum/speculation/emotions and not fundamentals, so you can't trust it. It bubbled/busted once(recent history), it can and probably will happen again.

[Speedfreak]

Originally Posted by FattyBoomBatty

Come on guys, there won't be a huge recession or any kind of depression, that's why they invented the federal reserve. It has several ways to control that sort of downward trend and cutting the interest rates is just one.

Speedfreak - the US is the world's number one producer of capital goods, that means machines like farm equipment, etc. The auto industry is extremely reluctant to completely restructure, which I think is what they desperately need to do. It's a world market and to sit on your hands and ask for handouts from the government (auto industry) is masturbation.

I am not worried that the US will become less of a power than it is, I am not worried that the dollar will suffer from much inflation because there are people who are smarter than god working for the government, they're just the ones you never see. There'll be a turnaround, but don't miss the bus when it rolls by!

Capital goods(Farm equipment/heavy machinery) are now coming from outside the U.S.. I know of Korean, Thai, Indian, Chinese, and Malaysian companies taking this industry by storm. It is a world market, we do not "own" any of them any more.

If we are losing market share in all "our" industries, how long is our Federal reserve going to keep us going?

[dylan]

Originally Posted by JET

And where is the money from the war going? Back into our economy. This money was previously sitting in a slush fund doing nothing. Putting that money into our economy is good, it gives money to businesses, who give it to their workers who spend it on goods. The big part of the problem is many of these goods are now made overseas, so it doesn't stay here as long as it did in the past. A war is basically using tax dollars to supplement the economy, this is obviously just economically speaking. The more the money in the US gets turned over the better, that means not sitting on money in savings, etc.

We cannot use war to justify stability of our own economy.

And now a group of democrats wants to add a war tax to pay for the war now, instead of making future generations pay for it.

http://weblogs.baltimoresun.com/news...to_make_i.html

[Shane@DBPerformance]

I worked at a stock firm for 11 years. The stock market is based in about as much reality as Lord of the Rings. A women with PMS is less emotional than the stock market.

[AJ]

A very large chunk of all funds spent on war ends up in the pockets of other countries. While working for ATK, who deals a lot with the ammunition side of the government, there was a large isuue in a slowing spending on US based companies by our own government. Even companies like Haliburten (sp?) opened and maximized overseas operations to get more into the mix of goverment funds. Largely due to the cheap transport and labor with the end product already being across the ocean.

[Speedfreak]

Originally Posted by DSMStyle

A very large chunk of all funds spent on war ends up in the pockets of other countries. While working for ATK, who deals a lot with the ammunition side of the government, there was a large isuue in a slowing spending on US based companies by our own government. Even companies like Haliburten (sp?) opened and maximized overseas operations to get more into the mix of goverment funds. Largely due to the cheap transport and labor with the end product already being across the ocean.

Yup, Halliburton is now headquartered in Dubai.

[tpunx99GSX]

Originally Posted by ecoli

I worked at a stock firm for 11 years. The stock market is based in about as much reality as Lord of the Rings. A women with PMS is less emotional than the stock market.

Damn, how old are you shane?!?! You worked at elite for a couple years, going on a couple at DB, 11 at a stock firm.... That means your TOO FUCKING OLD.

[Jakey]

Originally Posted by Speedfreak

Capital goods(Farm equipment/heavy machinery) are now coming from outside the U.S.. I know of Korean, Thai, Indian, Chinese, and Malaysian companies taking this industry by storm. It is a world market, we do not "own" any of them any more.

If we are losing market share in all "our" industries, how long is our Federal reserve going to keep us going?

John Deere just purchased the largest tractor manufacturer in China. The Deere foundries in Waterloo and Silvis, IL used to carry now a substantial portion of the casting in Deere's agricultural division, now it's mostly done in Mexico and China.

[tpunx99GSX]

Originally Posted by Jakey

John Deere just purchased the largest tractor manufacturer in China. The Deere foundries in Waterloo and Silvis, IL used to carry now a substantial portion of the casting in Deere's agricultural division, now it's mostly done in Mexico and China.

Jakey, Do you masturbate to Tractor mags? Somehow i knew you were gonna comment with something that has to do with Agriculture.

[JET]

Originally Posted by tpunx99GSX

Jakey, Do you masturbate to Tractor mags? Somehow i knew you were gonna comment with something that has to do with Agriculture.

Unlike you who has nothing intellectual to add to the conversation...

Ooooh, zing!

[Jakey]

Originally Posted by tpunx99GSX

Jakey, Do you masturbate to Tractor mags? Somehow i knew you were gonna comment with something that has to do with Agriculture.

Nah, I just enjoy agriculture. Somebody has to feed you.