******Official politics thread ******

[Pokesan]

Originally Posted by Patriam1066 [You must be logged in to view images. Log in or Register.]

America will never fight Iran for the same reason Saudi Arabia won't fight us. That would be a tough war

Israel might but if they do I'll revert to Islam and take Jerusalem

nah. get nukes or get lost. US would rock both without breaking a sweat. no question.

[Jarnauga]

"iran ISIS" ? lul. you have to be really fucking dumb about geopolitics to write something like that.

political mood:

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[mickmoranis]

Originally Posted by Patriam1066 [You must be logged in to view images. Log in or Register.]

America will never fight Iran for the same reason Saudi Arabia won't fight us. That would be a tough war

Israel might but if they do I'll revert to Islam and take Jerusalem

I prey that during the invasion of NK that this happens, while fighting spreads through Europe via Russia and USA/china have a series of disagreements that pits them against each other.

And the flames of the apocalypse wash over me.

[Swish]

Originally Posted by Pokesan [You must be logged in to view images. Log in or Register.]

nah. get nukes or get lost. US would rock both without breaking a sweat. no question.

The only winner there is the caretaker of the National debt. How's the US credit rating looking these days?

[AzzarTheGod]

Originally Posted by Swish [You must be logged in to view images. Log in or Register.]

The only winner there is the caretaker of the National debt. How's the US credit rating looking these days?

Idk How them US salaries looking?

#gottem

[Pokesan]

Originally Posted by Swish [You must be logged in to view images. Log in or Register.]

The only winner there is the caretaker of the National debt. How's the US credit rating looking these days?

i'm parsing this as the dumb meme about china owning the us

lolin at u dude most us debt is internal

[Raavak]

My masters econ prof said something along the lines of "federal government debt doesn't matter because the Fed can just adjust inflation accordingly and essentially make it insignificant".

[Patriam1066]

Originally Posted by Raavak [You must be logged in to view images. Log in or Register.]

My masters econ prof said something along the lines of "federal government debt doesn't matter because the Fed can just adjust inflation accordingly and essentially make it insignificant".

It's significant because of "too big to fail".

Our politicians can't get tough on banks because they still need them to finance Medicare and social security. Until the current economic model changes, national debt is bad for that reason alone. We should've chopped off heads after 2008

[JurisDictum]

Originally Posted by Raavak [You must be logged in to view images. Log in or Register.]

My masters econ prof said something along the lines of "federal government debt doesn't matter because the Fed can just adjust inflation accordingly and essentially make it insignificant".

I see no reason why that wouldn't be the case for the United States. But it only works that way when your currency is the currency in the world that is Too Big to Fail. Everyone needs the US to make good on its payments -- so it always will. It was the same with British sterling once upon a time. But after World War II -- America surpassed the British in banking.

Unless -- China begins to overtake us someday as the primary world power. I kind of doubt people will ever trust Chinese currency though. The government can simply dictate value in a way the liberal market economies cannot. Its a black box for the most part.

[maskedmelonpai]

Originally Posted by Patriam1066 [You must be logged in to view images. Log in or Register.]

It's significant because of "too big to fail".

Our politicians can't get tough on banks because they still need them to finance Medicare and social security. Until the current economic model changes, national debt is bad for that reason alone. We should've chopped off heads after 2008

they "too big to exist" tbh. they need be dismembered an pit they parts against theyselfs.