Economics

[KarotheGreat]

Re: Economics

(Reuters) - The United States and European Union aim to start negotiating a vast Transatlantic free trade pact by June, though the plan confirmed on Wednesday faces many hurdles before it might help revive the world's top two economies.

http://www.reuters.com/article/2013/02/13/us-eu-us-trade-idUSBRE91C0OC20130213

If this happens then this will be one of the biggest free trade agreements in the world. Even the biggest one in US history, bigger than NAFTA.

[Serjik]

Re: Economics

Karo's comments about shale gas says a lot about his education and his ideas about economy and politics between west-Armenia. Karo jan, you livin the good life there is Europe not because of your fansy "economic theories" but because of European criminals sucking the world dry for centuries. But don't worry bro, when the money there runs out one day and them China people start calling the shots in the world you will be growing tomatos and potatos for survival LOL! Its really sad to see brainwashed Armos like you. Join the forces of light Karo jan !!!!

Haykakan jan loved the cartoon on the FED LOL! The system is praying on human nature.

[jgk3]

Re: Economics

Serjik, after agreeing to stop breaking the rules with your character assassinations, could you answer me these questions?

When did you learn about shale gas? I learned about it only last week. What does that say about my education vis a vis yours?

Without some of the West's innovations in economics (Adam Smith's Wealth of Nations comes to mind), do you think the expansion of England's mercantile empire to essentially dominate the world during the 19th century would've been possible?

What makes you think China will dominate the world?

[KarotheGreat]

Re: Economics

Here is a good vid about the FED you should watch.
http://www.youtube.com/watch?v=ZPWH5TlbloU

I love a couple of facts that they are implying, that some how the bank forced the guy to take up a loan to buy a bigger house. And also that the bank is evil because they foreclosed his home when he couldn't pay back his loan anymore aka as not holding up his part of the contract. Also the whole rothchild BS made this video less than a lie in my eyes. Just a mere conspiracy theory with no hard prove.

[KarotheGreat]

Re: Economics

Here is a little video explaining the invisible hand of Adam Smith.

[KarotheGreat]

Re: Economics

Here is an other great video: Long run VS short run

[Haykakan]

Re: Economics

Actually the only thing lacking proof in this video is that the fed was behind the Kenedy assassination. This lack of proof however does not mean that the claim itself is false. The rest of that vid has plenty of things to back it up. They never implied the bank forced the guy to take a loan he could not pay-they said the bank told the guy that he could afford and was qualified for the loan and this was a lie thus the bank mislead the borrower. I think your prejudice regarding this issue is making you hear things that are not there.

I love a couple of facts that they are implying, that some how the bank forced the guy to take up a loan to buy a bigger house. And also that the bank is evil because they foreclosed his home when he couldn't pay back his loan anymore aka as not holding up his part of the contract. Also the whole rothchild BS made this video less than a lie in my eyes. Just a mere conspiracy theory with no hard prove.

[Haykakan]

Re: Economics

U.S., EU to Start Talks on Massive Free-Trade Deal

The European Union and United States have confirmed plans to begin negotiating what could be the largest-ever free-trade deal of its kind. President Obama noted the potential agreement in his State of the Union speech Tuesday. Lori Wallach of the group Public Citizen criticized the plan, writing, "These talks are aimed at eliminating a list of what multinational corporations call 'trade irritants,' but the rest of us know as strong food safety, environmental and health safeguards," she wrote.

[Serjik]

Re: Economics

Character assassination is now part of the forum rule, or did you just made it up to protect your buddy? Bro, I wasn't trying to character assassinate it was the russian imperialists LOL!!!!

But was I talking to you? But if you need to know, unlike you brainwashed walking dead people here I get my news from alternative sources and I talk to a lot of smart people who are NOT brainwashed. I know about the dangers of shale gas and fracking for more than one year. Also capitalism is not healthy it works only for large empires like england and america where they control a lot of land, power, people and resources. and even then capitalism will work only for a while. So sooner or later the economy in england and america will fall because of capitalism. Capitalism is not good, you people like to look at history from a very narrow and false angle. Adam Smith is full of kaka LOL! Go ask the most successful nations in the world like scandinavian nations and china they will agree. Anyway, just start learning Chinese, maybe you can start by watching Ni How Kay lan cartoons on nickelodeon LOL!!!!

Serjik, after agreeing to stop breaking the rules with your character assassinations, could you answer me these questions? When did you learn about shale gas? I learned about it only last week. What does that say about my education vis a vis yours? Without some of the West's innovations in economics (Adam Smith's Wealth of Nations comes to mind), do you think the expansion of England's mercantile empire to essentially dominate the world during the 19th century would've been possible?

What makes you think China will dominate the world?

[jgk3]

Re: Economics

Character assassination is now part of the forum rule, or did you just made it up to protect your buddy? Bro, I wasn't trying to character assassinate it was the russian imperialists LOL!!!!

The following is an example of character assassination, using insulting remarks to debase the value of what other members have to say. It basically violates the rule that tells you not to make attacks on other members. This will get you banned if you do it again. By the same token, if other members do the same, they also run this risk.

unlike you brainwashed walking dead people here I get my news from alternative sources and I talk to a lot of smart people who are NOT brainwashed.

I know about the dangers of shale gas and fracking for more than one year. Also capitalism is not healthy it works only for large empires like england and america where they control a lot of land, power, people and resources. and even then capitalism will work only for a while. So sooner or later the economy in england and america will fall because of capitalism. Capitalism is not good, you people like to look at history from a very narrow and false angle. Adam Smith is full of kaka LOL! Go ask the most successful nations in the world like scandinavian nations and china they will agree. Anyway, just start learning Chinese, maybe you can start by watching Ni How Kay lan cartoons on nickelodeon LOL!!!!

From what I've seen, Scandinavia (namely Sweden, Finland and Denmark), excel because they create socialistic systems that motivate employees to reach high levels of attainment, in order to get a suitable reward. Criteria for receiving rewards for hard work are well established in society, so people don't complain if they have to contribute with high taxes. I think Germany does something similar.

The other nations in Europe with a flagging economy either have high expectations but don't want to work as hard to achieve it, basically, like spoiled children, or are under economic agreements that are exploiting their resources for the benefits of richer nations, or both.

China is powerful today because the communist government used Machiavellian means over the course of several decades to train their enormous population to agree upon being of a single ethnic group, Han Chinese, with a singular hatred of all other races, and to work very hard for very little, and to have a love hate relationship with their government, hating them for its cruelty, but loving them for the sense of power it gives their identity as Chinese vis a vis the rest of the world.

In my opinion, there is nothing wrong with the pursuit of wealth outlined in capitalism, but it has to be combined with social values that reflect the interest of the people. Furthermore, capitalism today does not really exist in the mainstream business world, because the "wealth" created by it is not valued accordingly to actual assets, but by speculation on future returns. This is pseudo-capitalism that basically feeds those who know how to play the stock market, and since the major industries today exist as corporations, they are all, from head to toe interested in wooing investors whether or not their returns on investment are based on a healthy model of economic growth. As long as it pays them now, it's ok.

It does not care about benefiting any people, and it only creates assets insofar as to keep investors confident. In the time of Adam Smith however, economic theories and philosophies about progress and technological development leading to greater well being were earnestly believed in. Because the industrial revolution had just begun to transform the world, it was thought that more efficient methods of production could help humanity by creating more supplies that make life easier (more food, inexpensive clothes, shelter, speedy travel, better tools, etc...) . It was thought that a free market system would be ideal to distribute these things to the population, but alas, as soon as one member of society is greedy and clever enough to damage their competitors via non-market related means (violence, government lobbying, central banks), the whole fabric of the free market falls apart.