Economic Predictions Thread

Miragedriver

Miragedriver

Brigadier
Bernard said:
America becomes great again ;) /s
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Unfortunately the Eurozone fiasco affects the world since all the economies are now tied, one way or another. Circumstances outside of America’s control could cause economic chaos or collapse without it being the fault of the current American leader. That is what makes this so scary. It’s a ticking time bomb.
 
Miragedriver

Miragedriver

Brigadier
Basically the World’s Poor Are Subsidizing the World’s Rich

One of the major cause for large scale debt has been the corruption and embezzlement of money by the elite (dictatorial governments, crony capitalist nations) in developing countries (who were often placed in power by the powerful countries themselves). These moneys are often placed in foreign banks (and used to loan back to the developing countries). Many loans also come with conditions, which include preferential exports etc. In effect then, more money comes out of the developing countries than is given in. This depresses wages even further due to the spiraling circle downwards to ensure that enough exports are produced.


Below is an interesting read:

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Y

Yvrch

Junior Member
Registered Member
solarz said:
So you're saying that when a major bank makes a prediction, it's worthless unless it's published only in paid subscription sites?
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If you want to know something about something, just ask.
Just don't ask it with a pretension to know something already or as if someone else is required to defend your own question. Simple as that.
 
Equation

Equation

Lieutenant General
Bernard said:
America becomes great again ;) /s
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That depends on the effective leadership of the American government. I don't have a lot of confidence so far.

Blackstone said:
America was always great, and will be even greater going forward.
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Be "great" or "greater" is NOT an entitlement. Gotta earn it. Just because the western media says so and we've been hearing it for decades does not make it true. A great nation takes great leadership from and effective government that can provide not only the basic needs of the people but protection as well. So far the closest government to be able to meet these challenges are the CPC, whether you like them or not.

Miragedriver said:
I pray that you are correct, for everyone's sake.....
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One can't pray for things to be "great", we have to work on it together with an effective government. History has shown us that many great civilization starts with a strong and effective government and leadership.
 
Equation

Equation

Lieutenant General
Here's my prediction. The PRC will continue to rise into the #1 position economy in the world. In the meantime western media will continue to down play it and spin it as much as they can till their bleeding hearts can't take it. :D;)
 
Blackstone

Blackstone

Brigadier
Equation said:
Be "great" or "greater" is NOT an entitlement. Gotta earn it. Just because the western media says so and we've been hearing it for decades does not make it true. A great nation takes great leadership from and effective government that can provide not only the basic needs of the people but protection as well. So far the closest government to be able to meet these challenges are the CPC, whether you like them or not.
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OT- two items, 1) we mostly agree on CPC protecting China's historical sovereignty, specifically ECS, SCS, South Tibet, and Aksia Chin, but we probably disagree on Outer Manchuria. 2) Who will protect Chinese citizens from the Communist Party of China and its private army?
 
Equation

Equation

Lieutenant General
1. Agreed
2. Only the Chinese people can really dictate what kind of government they wanted and they are satisfy by the CPC so far, but the same can't be said to the people in Taiwan, South Sudan, and other failing "democracy" country when it is being taken hostage by elitist. America is becoming close to being a fail state as well, given the current administration are no better than IF Hillary Clinton is in office. As a result having a "third independent party" doesn't guarantee a government to perform up to par (currently the CPC).
 
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