Will the USA default?

[avgas]

Obviously I haven't read the whole thread. Fuck, I wouldn't understand most of it anyway.

Has anyone considered what happens to New Zealand if China calls in their debt from America? If the yanks have to pony up the cash, they're gonna call in all their debts and we're all of a sudden...fucked.
Asshole theory kicks in.

"See we have the bomb!"

Its happened before. There was a big who-haaa about the US when US was the international currency standard - france swapped all its gold for USD then they devalued the dollar (after they said they wouldn't), france asked for the gold back and US simply said...NO!

[Edbear]

On the radio yesterday...

US owes China something like $1.3trillion, and owes Japan $1.2trillion and owes NZ the America's Cup. :yes:

[mashman]

Obviously I haven't read the whole thread. Fuck, I wouldn't understand most of it anyway.

Has anyone considered what happens to New Zealand if China calls in their debt from America? If the yanks have to pony up the cash, they're gonna call in all their debts and we're all of a sudden...fucked.

China could take the NZ debt of the US and we'd end up owing China.

I owe your wife 10 bucks for allowing me to play with her lady parts.
You owe me 10 bucks as I let you give me a blow job.
Instead of you paying me, you could just pay your wife.

[mashman]

Then they should probably find an employer that pays them what they're worth.

That job needs to be available first... and even when it is you've still got the same situation, unless a new job is created.



But it's not based on how much money is available. It's based on the value of the product, according to those that pay for it. And you think you'd be better deciding what the product's worth, based on some flaky notion that all pigs are equal.

They're not. But, y'know, next time you want to buy some shit and you think the dude selling it is hugely overcharging then feel free to leave your cash in your pocket. Just like everyone else.

Of course it's based on how much money is available. The product goes no further than break even point. After that it's how much to pay the plebs from the profit that's been made. I already choose how much I pay for things tyvm... and all pigs are equal if they're all needed. Remove the ground floor pigs and the rest will be out on their ear shortly afterwards.



If you thought hard about that statement for too long you'd be in serious danger of coming to the generally accepted conclusion that money is in fact the unit the world uses to value shit.

Doesn't fit your deranged assertions about money falling out of thin air, magically onto those that don't deserve it, though. Do I got that right this time?

I long ago accepted that conclusion... however I don't stop my classification of money at that point as it is much more than just a medium of exchange.

It's not a case of who deserves it, it's a case of getting it the fuck out of the way coz it's stopping much goodness, so no, you're not right this time either.



Shirly not? You should tell the poor people buying that useless shit! They obviously don't know! How horrible! Tragedy of the century, right there!

Now fuck off and earn your employer some cash for a change, rather than distributing spittle all over your laptop and making yourself a tired joke.

I'll get there.

I'll think about it.

[Ocean1]

That job needs to be available first... and even when it is you've still got the same situation, unless a new job is created.

Jobs are available for anyone that wants one, paying what you earn.


I already choose how much I pay for things tyvm...

... but you want to decide what everyone else pays for things too.


and all pigs are equal if they're all needed.

But they're not all needed. Them what produce fuck all are completely surplus to requirements.


I long ago accepted that conclusion... however I don't stop my classification of money at that point as it is much more than just a medium of exchange.

Only for people trying to convince others to pay more for shit than what it's worth. Shysters.


And fuckwits.


It's not a case of who deserves it, it's a case of getting it the fuck out of the way coz it's stopping much goodness, so no, you're not right this time either.

Make up yer fucking mind, either money's a unit of value or it's freely available for spending on absolutely anything anyone wants, which is it? 'Cause it certainly can't be both.

[mashman]

Jobs are available for anyone that wants one, paying what you earn.

No they're not. Even the govt admit that there isn't a job for everyone.



... but you want to decide what everyone else pays for things too.

No, I want all goods in NZ to be free.



But they're not all needed. Them what produce fuck all are completely surplus to requirements.

True, but then you have to pay for them out of the social pot... and given that you've just laid off a chunk of your tax paying workfarce, then the likelihood is that taxes will go up to cover that. I don't have a problem with that, however I'd rather try something different.



Only for people trying to convince others to pay more for shit than what it's worth. Shysters.

And fuckwits.

You're saying that some people overcharge for their stuff? WOW, that's a breakthrough.



Make up yer fucking mind, either money's a unit of value or it's freely available for spending on absolutely anything anyone wants, which is it? 'Cause it certainly can't be both.

Ah, that's what you were meaning... in which case, of course it can be both.