US beats UK and Germany by a mile!!!

Brady Kelly

Not in the least. In fact, just send me your account details for a debit order and $200 to cover admin and broker fees, and I'll set you up with one.

Mike Gaskey

John Carson wrote:

It is not as bad as you think. 6.1% is the annualized rate

but was predicted to be 5% to 5.5%

Mike - typical white guy. The USA does have universal healthcare, but you have to pay for it. D'oh. Thomas Mann - "Tolerance becomes a crime when applied to evil." The NYT - my leftist brochure. Calling an illegal alien an “undocumented immigrant” is like calling a drug dealer an “unlicensed pharmacist”. God doesn't believe in atheists, therefore they don't exist.

Oakman

Brady Kelly wrote:

Just an aside, what is meant by the term 'bond rates'?

The interest rate that must be offered to entice people to buy them (i.e. loan you money). They're often set at auction ("I am prepared to let someone loan me ten million denari - who among you will charge me the least when I pay it back?") and, when no term is mentioned, ten years is assumed. Obviously the higher the rate, the less the "full faith and assurance" of the government offering the bonds is trusted.

Jon Smith & Wesson: The original point and click interface Both democrats and republicans are playing for the same team and it's not us. - Chris Austin

kmg365

After the Phage she will be the most beautiful woman on the planet. (missed one)

kmg365

it's a good point!

Brady Kelly

Why is the rate of death for ugly people lower?

You really gotta try harder to keep up with everyone that's not on the short bus with you. - John Simmons / outlaw programmer.

catzarecute

Ah, yes-- well it is indeed the Long Term I fear; the Short Term matters not and is important only for sufferers of ADD, MTV viewers, and politicians. So then husband & I shall just stock up on weapons, I guess. Cannot stock up on cash if it becomes worthless !!!!! :(( What currency should we purchase ? The Euro ? The Darsek ??? (http://memory-alpha.org/en/wiki/Darsek[^]

John Carson

Mike Gaskey wrote:

but was predicted to be 5% to 5.5%

You seem to have a rather inflated view of the accuracy of economic forecasting. I'm not sure about the US, but in Australia even the data itself could be out by that much; data gets revised after it first comes out and the revisions can be significant. See here for an example: http://www.dtf.wa.gov.au/cms/uploadedFiles/sfdjune2008.pdf[^]

John Carson

kmg365

Didn't Turbo Gietner say just a few days ago the economy wasn't going to crap as fast as it was (I'm paraphrasing), of course he did not give any quantitative analysis.

Oakman

Mike Gaskey wrote:

there's been far fewer sightings of unicorns this year.

That's because there are fewer and fewer virgins to ride 'em.

Jon Smith & Wesson: The original point and click interface Both democrats and republicans are playing for the same team and it's not us. - Chris Austin

Oakman

catzarecute wrote:

What currency should we purchase ?

Buy gold coins. Buy a money belt designed to hold them. When the inflation rate goes over 15% - wear the belt at all times.

Jon Smith & Wesson: The original point and click interface Both democrats and republicans are playing for the same team and it's not us. - Chris Austin

Mike Gaskey

Oakman wrote:

That's because there are fewer and fewer virgins to ride 'em.

I've been far more successful than even I had thought!

Mike - typical white guy. The USA does have universal healthcare, but you have to pay for it. D'oh. Thomas Mann - "Tolerance becomes a crime when applied to evil." The NYT - my leftist brochure. Calling an illegal alien an “undocumented immigrant” is like calling a drug dealer an “unlicensed pharmacist”. God doesn't believe in atheists, therefore they don't exist.

MidwestLimey

I see a subtle, yet fundemental problem with the Gold Belt. If said belt was loaded with sufficient coinage to afford one's requirements, one would become ungodly slow due to the extreme hip-mounted weight. Thus although one could afford to buy the necessities, the inevitable impoverished mobs would rush the sitting gold belted duck. And when you're carrying that much gold, there's only so much ammo you can muster.

10110011001111101010101000001000001101001010001010100000100000101000001000111100010110001011001011

Oakman

MidwestLimey wrote:

And when you're carrying that much gold, there's only so much ammo you can muster.

Today 6.6 lbs gold = roughly 33,000 loaves of bread. I have no idea what kind of exchange rate there might be afterwards. But you're right, anyone who can't handle a belt weighing, say ten lbs, shouldn't listen to me. Won't matter anyway, they won't survive. ;)

Jon Smith & Wesson: The original point and click interface Both democrats and republicans are playing for the same team and it's not us. - Chris Austin

Christian Graus

Oakman wrote:

Prediction of the end of the Empire abound.

ROTFL - do they think they still have one ? It's been dead for 60 odd years now.

Christian Graus Driven to the arms of OSX by Vista. "I am new to programming world. I have been learning c# for about past four weeks. I am quite acquainted with the fundamentals of c#. Now I have to work on a project which converts given flat files to XML using the XML serialization method" - SK64 ( but the forums have stuff like this posted every day )

Christian Graus

The funny thing is, people are getting stimulus money and buying big TVs. So, the money is all going to China. I deplore it, I think it's all insane.

Christian Graus Driven to the arms of OSX by Vista. "I am new to programming world. I have been learning c# for about past four weeks. I am quite acquainted with the fundamentals of c#. Now I have to work on a project which converts given flat files to XML using the XML serialization method" - SK64 ( but the forums have stuff like this posted every day )

Lost User

Christian Graus wrote:

The funny thing is, people are getting stimulus money and buying big TVs. So, the money is all going to China. I deplore it, I think it's all insane.

Yep, seems $900 is the going price of a vote in the next federal election

John Carson

Christian Graus wrote:

The funny thing is, people are getting stimulus money and buying big TVs. So, the money is all going to China. I deplore it, I think it's all insane.

People are buying all sorts of things. And even if $900 is spent on a TV, some of that goes to retailers and wholesalers in Australia. Moreover, the best way to get out of the mess is for all countries to provide stimulus simultaneously. Thus we benefit China (and all countries we import from) and China (and all countries we export to) benefits us. The main rationale behind the current policies is that infrastructure programs take time to get up and running. In the short term you can do what the government has done: 1. give money to the states so they don't need to make cutbacks, 2. hand out money to consumers. When the infrastructure programs kick in, the cash handouts to consumers will be scaled back. The government is playing this exactly right.

modified on Thursday, April 30, 2009 4:04 AM

Lost User

Oakman wrote:

save money by spending less defending our southern border from invasion

Isn't immigration just cheap growth?

Morality is indistinguishable from social proscription

Oakman

fat_boy wrote:

Isn't immigration just cheap growth?

I think that is pretty much what large corporations employing lots of unskilled labor think it is. But it is cheap for them because the demands on America's social infrastructure (hospitals, schools, etc) are increased without any concommitant increase in taxes being paid in. To some extent, the Democratic party also feels that it is cheap growth for them. The unskilled and illiterate know very little about democracy except that it is possible to vote for someone who will give you things, "for free."

Jon Smith & Wesson: The original point and click interface Both democrats and republicans are playing for the same team and it's not us. - Chris Austin