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  1. Collapse Details
     
    v me in love v Camoron's Avatar
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    btw australia has a higher external national debt as % of GDP than the US

    just sayin ;)
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    Pariah :Care:y Plug Drugs's Avatar
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    Quote Originally Posted by Camoron View Post
    you are really dumb

    america (europe, australia, etc.) without china is a land without cheap bullshit

    china without america is a land without the means to feed and power itself

    look at a list of the exports/imports, all we import from china is cheap crap e.g. furniture, footwear, apparel, toys, electronics; they import from the US oils, seeds, power generation equipment, vehicles, aircraft, chemicals, plastics, paper, etc. basically all of the necessary tools to build infrastructure and feed people.

    which list do you think is more vital to a nation

    the US before trading with China was a global superpower
    China before trading with the US was a crippled husk that had been exploited by Europe, Japan, etc. for decades

    I am sorry but this should be obvious. u can be a hater all you want, China is in no position to be self reliant if they stopped trading with the US tomorrow. The US economy would get fucked up from such a sudden occurrence and there would be an economic crisis but it would work itself out and the markets would stabilize and we'd start making out own consumer goods once again like we used to and consumer goods would become expensive but the quality would probably increase and hopefully the ideal of the disposable economy would die off since things would be too expensive to continue that way. China would lose its biggest export partner by far (their exports ot the US are much higher than US exports to China) and the economic situation there would be far worse and longer lasting.
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    patrolled faggot you're a faggot NortyNippy's Avatar
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    um no

    america owes way too much fucking money

    other nations do not owe that much

    you would fuck yourselves
    Last edited by NortyNippy; 09-10-2012 at 04:50 AM.
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    v me in love v Camoron's Avatar
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    brilliant argument and well backed by facts
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    patrolled faggot you're a faggot NortyNippy's Avatar
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    it's still the truth and you know it

    your foolish national pride is lying out of its ass to you
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    v me in love v Camoron's Avatar
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    perhaps u do not understand, YES the US has the highest debt in terms of DOLLARS in teh world, but it also has the highest GDP

    in terms of GDP that external debt is roughly 100% of the GDP

    according to a CNBC article from earlier this year referencing worldbank statistics, 19 other nations had higher external debt as % of GDP, 18 of them in Europe and also Australia which was like 120% or something. UK was 2nd with 450% and Ireland was 1st with over 1200%
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    patrolled faggot you're a faggot NortyNippy's Avatar
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    you don't understand that more money is available for "us" to borrow than for "you"
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    v me in love v Camoron's Avatar
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    WOW the thing about debt is, if we stopped trading with China obviously theres something BIG AND BAD going on in the world right? obviously we would cancel our debt to them you fucking idiot. yes this would cause a financial crisis and rampant inflation but it is doable in the case of such an EXTREME situation (as this would obviously be). see: Russian financial crisis of 1998 in which Russia defaulted on its debt and has since pretty much recovered economically
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    v me in love v Camoron's Avatar
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    Quote Originally Posted by NortyNippy View Post
    you don't understand that more money is available for "us" to borrow than for "you"
    I don't understand that because it makes no fucking sense

    why would nations be more willing to lend to Australia when Australia is already in a deeper debt hole than the US is? that makes no fucking sense
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    Pariah :Care:y Plug Drugs's Avatar
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    i'm glad we have people like Camoron who post here who know what they're talking about
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    patrolled faggot you're a faggot NortyNippy's Avatar
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    Quote Originally Posted by Camoron View Post
    WOW the thing about debt is, if we stopped trading with China obviously theres something BIG AND BAD going on in the world right? obviously we would cancel our debt to them you fucking idiot. yes this would cause a financial crisis and rampant inflation but it is doable in the case of such an EXTREME situation (as this would obviously be). see: Russian financial crisis of 1998 in which Russia defaulted on its debt and has since pretty much recovered economically
    that would be in the situation where China declares war on you

    if that's a comfort to you

    I'm not sure Australia and all your "allies" would want to jump in with you on that one

    so moot hypothetical point
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    patrolled faggot you're a faggot NortyNippy's Avatar
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    Quote Originally Posted by Cody View Post
    If we quit trding with china someone would have to make all the shit we get from them, which would create jobs, true those items would cost more but there would be more american dollars staying in america and more tax revenue would be generated lowering our debt. Is that theory sound?
    Yes but the rest of the world would still be trading with each other
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    patrolled faggot you're a faggot NortyNippy's Avatar
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    Quote Originally Posted by Cody View Post
    shhh lizard, i'm talking to the guy who knows more than i do about economics, not hipster tom petty.
    everyone knows more about everything than you
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    v me in love v Camoron's Avatar
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    Quote Originally Posted by NortyNippy View Post
    that would be in the situation where China declares war on you

    if that's a comfort to you

    I'm not sure Australia and all your "allies" would want to jump in with you on that one

    so moot hypothetical point
    i would relish a war with an actual country

    hey nortynippy how many American military bases are there on the Asian side of the Pacific? And how many Chinese bases are there on the American side of the Pacific?
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    Pariah :Care:y Plug Drugs's Avatar
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    Quote Originally Posted by Cody View Post
    If we quit trding with china someone would have to make all the shit we get from them, which would create jobs, true those items would cost more but there would be more american dollars staying in america and more tax revenue would be generated lowering our debt. Is that theory sound?
    yes
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    v me in love v Camoron's Avatar
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    Quote Originally Posted by NortyNippy View Post
    Yes but the rest of the world would still be trading with each other
    oh please, do you really think if ther'es some kind of WAR between China and the US that everyone else would be neutral? get real
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    v me in love v Camoron's Avatar
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    what would happen:
    The US sends 500000 soldiers
    UK sends 10000
    Canada sends 1000
    Australia sends 200
    everyone else "the coalition of the willing" sends 1
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    patrolled faggot you're a faggot NortyNippy's Avatar
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    Quote Originally Posted by Camoron View Post
    i would relish a war with an actual country

    hey nortynippy how many American military bases are there on the Asian side of the Pacific? And how many Chinese bases are there on the American side of the Pacific?
    I think you have no true idea
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    v me in love v Camoron's Avatar
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    Quote Originally Posted by Obnoxious Bitch View Post
    What did I tell you about the we thing Lisa?
    that it's a term WE use to identify OURSELVES when we are talking about STUFF as it relates to a group with which WE identify OURSELVES
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    patrolled faggot you're a faggot NortyNippy's Avatar
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    Quote Originally Posted by Cody View Post
    obviously not you, so your argument is invalid, because you're flat out dumb as a sack of hammers.
    I'm smarter than you.

    How much did you bash your ex and why?

    Why were you ever in the KKK?

    Are any of those things true about your retard down syndrome ass?
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    v me in love v Camoron's Avatar
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    Quote Originally Posted by NortyNippy View Post
    I think you have no true idea
    are we going conspiracy nut now? I google "Chinese military bases in the Americas" and find links to godlikeproductions and truther sites about how China was responsible for 9/11
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    patrolled faggot you're a faggot NortyNippy's Avatar
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    Quote Originally Posted by Obnoxious Bitch View Post
    Like you and the rest of the American members of this site have any influence over US policy.

    What did I tell you about the we thing Lisa?
    I can't remember

    tell me again
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    patrolled faggot you're a faggot NortyNippy's Avatar
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    Cameron think he can declare WW3 and he has it all figured out

    what a fucking retard

    as if anyone with political power would listen to that rubbish
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    v me in love v Camoron's Avatar
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    goddan chinese muslim terrorsits
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    patrolled faggot you're a faggot NortyNippy's Avatar
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    Quote Originally Posted by Camoron View Post
    are we going conspiracy nut now? I google "Chinese military bases in the Americas" and find links to godlikeproductions and truther sites about how China was responsible for 9/11
    you think you actually have an actual real clue?

    You get more stupid by the minute
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    v me in love v Camoron's Avatar
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    Quote Originally Posted by NortyNippy View Post
    Cameron think he can declare WW3 and he has it all figured out

    what a fucking retard

    as if anyone with political power would listen to that rubbish
    yup thats exactly what I said, I want to declare war on China MWAHAHHAHAA YOU DONT MESS WITH DER FLAMERICALERHCAT
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    patrolled faggot you're a faggot NortyNippy's Avatar
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    Quote Originally Posted by Camoron View Post
    yup thats exactly what I said, I want to declare war on China MWAHAHHAHAA YOU DONT MESS WITH DER FLAMERICALERHCAT
    doofus
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    v me in love v Camoron's Avatar
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    Quote Originally Posted by NortyNippy View Post
    you think you actually have an actual real clue?

    You get more stupid by the minute
    i dont know you tell me
    do you believe chinese did 9/11
    do you believe they have secret udnerground bases they tunneled through the Earth from China just under our feet

    i dont
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    Pariah :Care:y Plug Drugs's Avatar
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    Quote Originally Posted by Obnoxious Bitch View Post
    Like you and the rest of the American members of this site have any influence over US policy.

    What did I tell you about the we thing Lisa?
    semantics, do you really think he was implying joint ownership of the united states or something? He was using 'we' for the sake of simplicity in the flow of wording
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    patrolled faggot you're a faggot NortyNippy's Avatar
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    Quote Originally Posted by Camoron View Post
    i dont know you tell me
    do you believe chinese did 9/11
    do you believe they have secret udnerground bases they tunneled through the Earth from China just under our feet

    i dont
    um no I don't think any of that

    are you retarded?
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