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Thread: European Union vs The United States of America

  1. #37

    Default Re: European Union vs The United States of America

    Flop the nuts you are massively under estimating the situation America is in. America could be screwed, a lot of it is too do with national debt and the trade of oil.
    Already London is the financial capitol of the world, no longer New York.


    I think you're letting your hatred of the U.S. get in the way of clear-headed analysis.

    By the way, but what measure do you consider London the financial center of the world?

  2. #38

    Default Re: European Union vs The United States of America

    Vak acttak what sort of military KO are we talking about here, so far America has only managed to economically weaken itself with its military aggresion.

    1st of all the US military is doing an outstanding job overseas. The economy is on a down turn but it will rebound. In economies all over the world there are peaks and valleys and we are in on of the valleys.

    Jensens, Europe was very bad in the past, things have changed.

    You dig on the US for it's military actions but don't forget that countries from Europe are fighting there as well. I know the US is at the forefront of the wars and that is because we are a military superpower and Europe is not. So of course the US is the main country there and is always in the forefront.

    Chance, Europe is already an economic superpower. Wars of the past are worthless today, this means nothing.
    America has tried many times to put trade tariffs on European countries, Europe just said we will do it to all American products, a strong economic Europe helps Europe, a too strong America hurts Europe.
    Nobody knows anything chance, but it is an educated estimate.

    When one of the largest economies in the world has problems for an extended time it will affect the worlds economy in a negative manner.

    Chance Englishmen don't like Europeans, in the same way people dislike their neighbour but then have a barbecue with them.

    The British empire is dead, and holding onto this concept is holding the country back, we should look to the future not the past.

    You are right you must look to the future but you can never forget the past and the effect it has on the present/future.

    Flop the nuts you are massively under estimating the situation America is in. America could be screwed, a lot of it is too do with national debt and the trade of oil. It is very interesting, some people claim doom and gloom others are downplaying the situation.

    One thing is clear and that is there is definetly something wrong, how bad it is is another story. I personally hope it is a serious recession for America that allows Europe to take over... of course with some strengthening of Europe.

    Do you not understand that the world's largest economies are connected. The US is one of the larger consumers of the worlds goods. If the people here in the US can't afford to buy those goods then it really affects the other economies throughout the world.

    Already London is the financial capitol of the world, no longer New York. Things are changing.

    How do you figure this? It is one of the worlds financial centers, but how do you say New York is no longer there or even Dubai for that matter.

  3. #39

    Default Re: European Union vs The United States of America

    I agree. If any place were to oust New York as the world's financial capital (which is HIGHLY unlikely), it would be Dubai. Dubai is MUCH more capitalistic than London, which is why it is doing better.

  4. #40

    Default Re: European Union vs The United States of America

    Chance, this is where i stop taking you seriously. The American military is doing an oustanding job? what drugs are you taking?

    Chance i personally believe America dragged Europe into these wars.

    Yes it may effect the world, however there can be a shift of power, which is exactly what i believe is happening.

    Chance i don;t see the british empire as meaning anything, it was a long time ago now.

    If America can;t buy those goods it can be a problem but if the new middle class of China can buy those goods, then it is not such a big problem. America won't be the number one power forever and to me it seems the change is happening now.

    Europe is the biggest economy in the world, London is the financial centre of the EU.

    Flop the nuts why is it when an American sais America is number 1 and better than everyone else they are a patriot but if i say Europe is much better than America i am hating America?


    -----------------

    Dollar tumbles to new euro lows

    The dollar is falling as investors worry about the US economy
    The dollar touched a new low against the euro for the fourth day in a row on continued US economic worries.
    At one point the dollar touched 1.5239 against the euro as traders bet that US interest rates will be cut again after hints from US Fed chief Ben Bernanke.

    That would make holding dollars, and assets priced in dollars, less attractive for investors who would look elsewhere for better rates of return.


    http://news.bbc.co.uk/1/hi/business/7270604.stm

  5. #41

    Default Re: European Union vs The United States of America

    Quote Originally Posted by Caspiantiger View Post
    i personally believe America dragged Europe into these wars.
    Sept 2002

    British Prime Minister Tony Blair declares: "His weapons of mass destruction program is active, detailed and growing. The policy of containment is not working. The weapons of mass destruction program is not shut down. It is up and running... The intelligence picture (the intelligence services) paint is one accumulated over the past four years. It is extensive, detailed and authoritative. It concludes that Iraq has chemical and biological weapons, that Saddam has continued to produce them, that he has existing and active military plans for the use of chemical and biological weapons, which could be activated within 45 minutes, including against his own Shia population; and that he is actively trying to acquire nuclear weapons capability."

    -------------
    It sounds like you were dragged kicking and screaming.

  6. #42

    Default Re: European Union vs The United States of America

    Caspian,

    You'll know you are the superpower of the west when the arabs start burning the Union Jack and chanting "death the Britian".

  7. #43

    Default Re: European Union vs The United States of America

    Quote Originally Posted by Caspiantiger View Post

    Dollar tumbles to new euro lows

    The dollar is falling as investors worry about the US economy
    The dollar touched a new low against the euro for the fourth day in a row on continued US economic worries.
    At one point the dollar touched 1.5239 against the euro as traders bet that US interest rates will be cut again after hints from US Fed chief Ben Bernanke.

    That would make holding dollars, and assets priced in dollars, less attractive for investors who would look elsewhere for better rates of return.


    http://news.bbc.co.uk/1/hi/business/7270604.stm
    Remember that economics nearly always follows a cause and effect -- an ebb and flow.

    When the dollar is weak, it takes fewer units of one currency to purchase one dollar. Thus, it takes fewer units of that other currency to purchase items in which payment is accepted in dollars, like US goods. That is why US goods are more attractive to foreign buyers now -- they things cost less for them because the dollar is worth less -- their money goes farther.

    But, when they buy those US products, they are increasing the demand for dollars, which are required to buy US products. That increased demand for dollars will eventually drive up the price of a dollar and strengthen the dolalr relative to other currencies.

    This cycle of fluctuation in currency values relativeto other surrencies is nothing new -- it is ALWAYS happening. The dollar will regain strength in due time.

  8. #44

    Default Re: European Union vs The United States of America

    Quote Originally Posted by Ground&Pound View Post
    Caspian,

    You'll know you are the superpower of the west when the arabs start burning the Union Jack and chanting "death the Britian".
    They already set off suicide bomb attacks in Britain, didn't they? Question answered.

  9. #45

    Default Re: European Union vs The United States of America

    ground and pound exactly, Tony Blair took us into a war the UK did not want, in this country he is generally hated. He was Bush's poodle and did what he was told, ofcourse now he will become super rich a reward from his American boss's.
    In this country on the main tv station there was a show called the trial of Tony Blair, if that gives you a feel of public opinion here.

    GnP, if Britain invade's muslim countries it should expect retaliation. I said there should be no war with Iraq, the bombing's are a result of this war and thus another effect Blair had on us.

    Skipster when Russian and middle eastern nations change which currency theiur oil is bought in it will have a huge effect on the demand for American dollars. It will be reduced massively and your economy will get very weak.

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