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Author | Topic: Decline And Fall Of The American Empire | |||||||||||||||||||||||||||||||||||||||||||
Phat Member Posts: 18298 From: Denver,Colorado USA Joined: Member Rating: 1.1 |
This morning, after reading about the likely economic impact of the Houston tropical storm and watching our country make a stupid decision to continue to commit to outlandish spending(in Afghanistan) even as our debts inch ever higher, I read a couple of dated articles both with the same title.
The first one, found in The Nation was written in 2010, right after the economic crises of 2007.
quote: We have recovered from that crises just barely, and are likely close to another one, in my opinion. Despite bringing up the problem of the demise of the US dollar as global reserve currency, nobody here took me seriously, but the article mentions that as a potential chink in our national armor. I don't fully understand the concept, but can intuitively fathom the implications. The second article I read, with the same title as this thread, was published in The Guardian in 2011.
quote: The first article warns that once an empire loses its position it is psychologically devasting for the populace. Donald Trumps egotistical run seemingly marks our last gasp at the illusion of something we thought we were or should be but clearly are not. As I head towards retirement, I wonder how tough it will get. I can't really count on anything except God and my fellow citizens. There seem to be no more promises. Comments? Edited by Phat, : spellingChance as a real force is a myth. It has no basis in reality and no place in scientific inquiry. For science and philosophy to continue to advance in knowledge, chance must be demythologized once and for all. —RC Sproul "A lie can travel half way around the world while the truth is putting on its shoes." —Mark Twain " ~"If that's not sufficient for you go soak your head."~Faith "as long as chance rules, God is an anachronism."~Arthur Koestler
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Phat Member Posts: 18298 From: Denver,Colorado USA Joined: Member Rating: 1.1 |
I agree with you. I don't think it is important, as long as costs don't increase too dramatically. The evidence seems to show otherwise. In addition, the first article that I read, written in 2011, predicted the basic situation we now have.
quote: Sound like whats going on now? Edited by Phat, : No reason given.Chance as a real force is a myth. It has no basis in reality and no place in scientific inquiry. For science and philosophy to continue to advance in knowledge, chance must be demythologized once and for all. —RC Sproul "A lie can travel half way around the world while the truth is putting on its shoes." —Mark Twain " ~"If that's not sufficient for you go soak your head."~Faith "as long as chance rules, God is an anachronism."~Arthur Koestler
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Phat Member Posts: 18298 From: Denver,Colorado USA Joined: Member Rating: 1.1 |
The American "Century" ended in 1963. That is too early according to most analysts. They peg 2003--the year the gulf war started---as the final nail in the coffin. We wiped out trillions of dollars and continue to do so. This is, to me, what the Fall really means. No secure retirement. No social programs for an aging population who no longer contributes to the tax base. A growing population getting older, mind you. The main issue, as I have tried to explain before, is that once the US Dollar is no longer the global reserve currency, we can no longer print money to pay our debts and prices on oil imports will rise exponentially. The US has long enjoyed an artificially constructed advantage which will soon be totally gone. With an aging, uneducated population, we will be ravaged economically. Chance as a real force is a myth. It has no basis in reality and no place in scientific inquiry. For science and philosophy to continue to advance in knowledge, chance must be demythologized once and for all. —RC Sproul "A lie can travel half way around the world while the truth is putting on its shoes." —Mark Twain " ~"If that's not sufficient for you go soak your head."~Faith "as long as chance rules, God is an anachronism."~Arthur Koestler
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Phat Member Posts: 18298 From: Denver,Colorado USA Joined: Member Rating: 1.1 |
It's time that we started taking the Gross Domestic Product to mean something all in the US should share.
What do you mean? Sounds like another bill to me....Chance as a real force is a myth. It has no basis in reality and no place in scientific inquiry. For science and philosophy to continue to advance in knowledge, chance must be demythologized once and for all. —RC Sproul "A lie can travel half way around the world while the truth is putting on its shoes." —Mark Twain " ~"If that's not sufficient for you go soak your head."~Faith "as long as chance rules, God is an anachronism."~Arthur Koestler
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Phat Member Posts: 18298 From: Denver,Colorado USA Joined: Member Rating: 1.1 |
Gross Domestic Product.
Chance as a real force is a myth. It has no basis in reality and no place in scientific inquiry. For science and philosophy to continue to advance in knowledge, chance must be demythologized once and for all. —RC Sproul "A lie can travel half way around the world while the truth is putting on its shoes." —Mark Twain " ~"If that's not sufficient for you go soak your head."~Faith "as long as chance rules, God is an anachronism."~Arthur Koestler
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Phat Member Posts: 18298 From: Denver,Colorado USA Joined: Member Rating: 1.1 |
the total value of goods produced and services provided in a country during one year. So why do you want us to all share it? To me, it sounds as if we are also responsible for it...which seems like a bill somehow.
Chance as a real force is a myth. It has no basis in reality and no place in scientific inquiry. For science and philosophy to continue to advance in knowledge, chance must be demythologized once and for all. —RC Sproul "A lie can travel half way around the world while the truth is putting on its shoes." —Mark Twain " ~"If that's not sufficient for you go soak your head."~Faith "as long as chance rules, God is an anachronism."~Arthur Koestler
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Phat Member Posts: 18298 From: Denver,Colorado USA Joined: Member Rating: 1.1 |
Websters writes: Im guessing that #2 is the one we are discussing.
1 the monetary worth of something : market price 2 a fair return or equivalent in goods, services, or money for something exchanged 3 relative worth, utility, or importance a good value at the price the value of base stealing in baseball had nothing of value to say 4 something (such as a principle or quality) intrinsically valuable or desirablesought material values instead of human values W. H. Jones 5 a numerical quantity that is assigned or is determined by calculation or measurement let x take on positive values a value for the age of the earth
Chance as a real force is a myth. It has no basis in reality and no place in scientific inquiry. For science and philosophy to continue to advance in knowledge, chance must be demythologized once and for all. —RC Sproul "A lie can travel half way around the world while the truth is putting on its shoes." —Mark Twain " ~"If that's not sufficient for you go soak your head."~Faith "as long as chance rules, God is an anachronism."~Arthur Koestler
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Phat Member Posts: 18298 From: Denver,Colorado USA Joined: Member Rating: 1.1
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Human Labor.
Chance as a real force is a myth. It has no basis in reality and no place in scientific inquiry. For science and philosophy to continue to advance in knowledge, chance must be demythologized once and for all. —RC Sproul "A lie can travel half way around the world while the truth is putting on its shoes." —Mark Twain " ~"If that's not sufficient for you go soak your head."~Faith "as long as chance rules, God is an anachronism."~Arthur Koestler
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Phat Member Posts: 18298 From: Denver,Colorado USA Joined: Member Rating: 1.1 |
The factories that produce the goods, as well as the raw materials that become the goods themselves.
Or...the services offered, such as barbers, bakers, butchers, etc.Chance as a real force is a myth. It has no basis in reality and no place in scientific inquiry. For science and philosophy to continue to advance in knowledge, chance must be demythologized once and for all. —RC Sproul "A lie can travel half way around the world while the truth is putting on its shoes." —Mark Twain " ~"If that's not sufficient for you go soak your head."~Faith "as long as chance rules, God is an anachronism."~Arthur Koestler
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Phat Member Posts: 18298 From: Denver,Colorado USA Joined: Member Rating: 1.1 |
im thinking.....what about the ones who buy our products? What value do they give us for them?
Chance as a real force is a myth. It has no basis in reality and no place in scientific inquiry. For science and philosophy to continue to advance in knowledge, chance must be demythologized once and for all. —RC Sproul "A lie can travel half way around the world while the truth is putting on its shoes." —Mark Twain " ~"If that's not sufficient for you go soak your head."~Faith "as long as chance rules, God is an anachronism."~Arthur Koestler
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Phat Member Posts: 18298 From: Denver,Colorado USA Joined: Member Rating: 1.1 |
In fact, it's society that determines who owns what. Although an individual with a good Attorney can school society on the legalities. Society itself has no Attorney to look after their social interests.Chance as a real force is a myth. It has no basis in reality and no place in scientific inquiry. For science and philosophy to continue to advance in knowledge, chance must be demythologized once and for all. —RC Sproul "A lie can travel half way around the world while the truth is putting on its shoes." —Mark Twain " ~"If that's not sufficient for you go soak your head."~Faith "as long as chance rules, God is an anachronism."~Arthur Koestler
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Phat Member Posts: 18298 From: Denver,Colorado USA Joined: Member Rating: 1.1
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yes, but that isn't the whole story. I read an article in The Atlantic that talked about the GDP as an outmoded measurement.
quote: Chance as a real force is a myth. It has no basis in reality and no place in scientific inquiry. For science and philosophy to continue to advance in knowledge, chance must be demythologized once and for all. —RC Sproul "A lie can travel half way around the world while the truth is putting on its shoes." —Mark Twain " ~"If that's not sufficient for you go soak your head."~Faith "as long as chance rules, God is an anachronism."~Arthur Koestler
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Phat Member Posts: 18298 From: Denver,Colorado USA Joined: Member Rating: 1.1 |
I would think that in some way they do. But how could it be measured?
Chance as a real force is a myth. It has no basis in reality and no place in scientific inquiry. For science and philosophy to continue to advance in knowledge, chance must be demythologized once and for all. —RC Sproul "A lie can travel half way around the world while the truth is putting on its shoes." —Mark Twain " ~"If that's not sufficient for you go soak your head."~Faith "as long as chance rules, God is an anachronism."~Arthur Koestler
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Phat Member Posts: 18298 From: Denver,Colorado USA Joined: Member Rating: 1.1 |
Of course. Dont people have this right?
Chance as a real force is a myth. It has no basis in reality and no place in scientific inquiry. For science and philosophy to continue to advance in knowledge, chance must be demythologized once and for all. —RC Sproul "A lie can travel half way around the world while the truth is putting on its shoes." —Mark Twain " ~"If that's not sufficient for you go soak your head."~Faith "as long as chance rules, God is an anachronism."~Arthur Koestler
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Phat Member Posts: 18298 From: Denver,Colorado USA Joined: Member Rating: 1.1 |
The subject of money is appropriate for this thread since the science/fact/reality behind it is itself a fascinating yet disturbing sub-topic.
In my opinion, the Fall Of The American Empire will be punctuated by a major economic event. I can only hope that we are still able to stay on our computers and talk with one another when this event ultimately happens. Chance as a real force is a myth. It has no basis in reality and no place in scientific inquiry. For science and philosophy to continue to advance in knowledge, chance must be demythologized once and for all. —RC Sproul "A lie can travel half way around the world while the truth is putting on its shoes." —Mark Twain " ~"If that's not sufficient for you go soak your head."~Faith "as long as chance rules, God is an anachronism."~Arthur Koestler
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