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Originally posted by Flubber
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Our economy is 10x yours.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett Kavanaugh -
Yes, and your deficits are 30 times ours.12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio RegumComment
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How is that in any way relevant?Originally posted by Kidicious View Post"The French caused the war [Persian Gulf war, 1991]" - Ned
"you people who bash Bush have no appreciation for one of the great presidents in our history." - Ned
"I wish I had gay sex in the boy scouts" - DissidentComment
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Our economy is totally different from yours and can be managed totally different. We have more options.Originally posted by Kontiki View PostI drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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Not understanding the effect of different coupon rates on computed yield in an environment with a strongly sloped yield curve.Originally posted by Drake Tungsten View PostHas America Lost Its AAA Rating? It's Safer to Lend to Warren Buffett Than Uncle Sam
It's safer to lend money to Warren Buffett than the U.S. government. That's the conclusion of an analysis of recent two-year notes sold by Buffett's Berkshire Hathaway, as detailed by Bloomberg News.
According to data compiled by Bloomberg, the debts of Berkshire (BRK-A), Procter & Gamble Co. (PG), Johnson & Johnson (JNJ) and Lowe’s Cos. (LOW) traded at lower yields than comparable U.S. government debt in recent weeks. It's an exceedingly rare trend that begs the question: Has America already lost its triple-A rating?
America may still merit the highest debt rating but, as Aaron and Henry discuss in the accompanying video, the bond market is saying its credit is deteriorating as public debt continues to mount.
Nebraskans
Texans and Kenyans
12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio RegumComment
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This time it's different?Originally posted by Kidicious View Post12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio RegumComment
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Not sure what your getting at, but in economics it's different more often than most people think.Originally posted by KrazyHorse View PostI drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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I'm getting at the fact that you have yet to demonstrate any understanding of even basic economics.12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio RegumComment
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It was not my intention to do so. Why don't you go talk to one of your suck ups?I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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It doesn't need to be your intention in order for it to happen.12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio RegumComment
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You have mistaken me for someone who cares if I impress you or not.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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Doesn't matter. The government can run a deficit indefinitely as long as debt doesn't grow faster than GDP/tax revenue. Ideally, spending and revenue are the same curve but they can be out of phase. That said, our debt has been growing much faster than GDP latelyOriginally posted by KrazyHorse View Post
If there is no sound in space, how come you can hear the lasers?
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I have no idea what your point is here, you twit. The long-run growth rate of US and Canadian gdps are roughly the same. Thus the US deficit being relatively larger than the Canadian one implies that its debt path is less sustainable than the Canadian one.Originally posted by Hauldren Collider View PostDoesn't matter. The government can run a deficit indefinitely as long as debt doesn't grow faster than GDP/tax revenue. Ideally, spending and revenue are the same curve but they can be out of phase. That said, our debt has been growing much faster than GDP lately12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio RegumComment
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No, I haven't. Learn to read, ****.Originally posted by Kidicious View Post12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio RegumComment
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I was under the impression that the US economy was growing faster than Canada's. Sorry.Originally posted by KrazyHorse View Post
If there is no sound in space, how come you can hear the lasers?
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