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TranceAddict Forums > Main Forums > Chill Out Room > S&P downgrades U.S. credit rating from AAA
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pkcRAISTLIN
arbiter's chief minion



Registered: Jul 2002
Location:

quote:
Originally posted by Lira
and Aussie rules football.


hawks are best!


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Old Post Aug-09-2011 05:50  Australia
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jester
[enigma within a enigma]



Registered: Oct 2003
Location: The End of Elsewhere by Taras Grescoe

I just saw this video on CNBC, this guy that was on last night was like; yeah the US can seize all the worlds gold if it had too. Seeing countries store their gold in the US.



The market might come tumbling down later on during or after what the Fed has to say. The reason I say that, it usually does happen. I don't remember the last time it went up when B.B spoke.

Last edited by jester on Aug-09-2011 at 14:32

Old Post Aug-09-2011 10:37 
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colonelcrisp
Isn't Batshit Crazy



Registered: Apr 2003
Location: Ottawa

quote:
Originally posted by Quazar
I'm not saying the US will posture, I'm simply saying that's the underlying principle behind the fact that the US is allowed to continue borrowing. Our existence as a nation is "guaranteed" for a long time due to our military, and therefore we'll be around for a theoretical infinity in which to pay back the money.



Im pretty sure Rome had that same kind of theory back in the day too...... how did that one end again? oh right, not so great....


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quote:
Originally posted by pkcRAISTLIN
I have 3 hobbies: gaming, DJing & correcting maladjusted fools on the internet.

quote:
Originally posted by pkcRAISTLIN
Yeah, I’d like to know what horrible, scarring incident in your childhood turned you into such an ignorant, intellectual-hating philistine?

Old Post Aug-09-2011 15:39  Canada
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jester
[enigma within a enigma]



Registered: Oct 2003
Location: The End of Elsewhere by Taras Grescoe



Old Post Aug-09-2011 17:39 
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Tasty Onions
Supreme tranceaddict



Registered: May 2011
Location: Crazyland

quote:
Originally posted by jester

quote:
Originally posted by Tasty Onions
FUCK.

Too much stupid to handle.

Old Post Aug-09-2011 17:52  United States
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EddieZilker
This is the dance.



Registered: Jan 2009
Location: Marijuana Sex Camp

quote:
Originally posted by jester




Up until recently, CNN was running that commercial fairly regularly and I don't think they stopped because it was banned by A&E, The History Channel, and the other major networks. I don't even think the other major networks banned it because it contained any amount of earth shattering truth as the person, who uploaded the video, claims. It's actually been running for quite a while, so I'm not sure how "new" it is.

It's context is completely flawed. The Chinese would never, ever teach that it was because we turned our back on our principles. Instead, they would teach that it was because of our flawed principles that we have failed. Had the producers of the commercial thought to include that bit of realism, I suspect it would have been a little closer to the truth.










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Now with extra singles!
my old stuff, not quite up to snuff - but I still dig it - UPDATED 9/23/2012

Old Post Aug-09-2011 19:51  United States
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bananas
baby i got your money



Registered: Oct 2004
Location: Mordor

Mr Know-it-all

Old Post Aug-09-2011 22:24 
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Quazar
still likes trance



Registered: Jun 2010
Location: Los Angeles, USA

quote:
Originally posted by colonelcrisp
Im pretty sure Rome had that same kind of theory back in the day too...... how did that one end again? oh right, not so great....

Hence my quotations around "guaranteed". It's dumb to think a country will stick around forever simply because it has a strong military, but people do.


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www.soundcloud.com/jpamusic

quote:
Originally posted by Sushipunk
At least last time you Brits got pissed off, we got punk music out of it. This time, it'll probably just end up being embers breaks

Old Post Aug-09-2011 22:29  United States
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Massive84
Old Relic



Registered: Jul 2003
Location: Sequence Realm

Am i the only one that has lost faith in the monetary system? i mean all we did in the last decades was financing debts with loans.


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quote:
Originally posted by Octanesyco
Greetings. My name is Casey. You can call me Moose.
-Moose

Old Post Aug-10-2011 17:29  Netherlands
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EgosXII
Aphorism



Registered: Apr 2007
Location:

quote:
Originally posted by Quazar
Hence my quotations around "guaranteed". It's dumb to think a country will stick around forever simply because it has a strong military, but people do.


All it means is that when the US really bottoms out they'll have no option but to sell their weapons to anyone who will buy them...


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Old Post Aug-11-2011 01:12  Netherlands
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Comrade Stalin
Uncle Joe



Registered: Sep 2009
Location: Purging Traitors

quote:
Originally posted by EddieZilker

It's context is completely flawed. The Chinese would never, ever teach that it was because we turned our back on our principles. Instead, they would teach that it was because of our flawed principles that we have failed. Had the producers of the commercial thought to include that bit of realism, I suspect it would have been a little closer to the truth



LOL, I know. Seriously, is China run by Republican conservatives?

Old Post Aug-11-2011 02:34 
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pzK
Supreme tranceaddict



Registered: Jan 2005
Location: Antwerp, Belgium

Anyone saw this? I think he hits the nail on the head.
http://www.msnbc.msn.com/id/2113454...079837#44079837
and his reaction afterwards
http://www.ritholtz.com/blog/2011/0...-how-about-you/

Old Post Aug-12-2011 00:40  Belgium
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TranceAddict Forums > Main Forums > Chill Out Room > S&P downgrades U.S. credit rating from AAA
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