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And if it isn't enuff that China and Dubai are buying up a disintegrating American economy . . . this Russian has been predicting for years that America's economy would fall apart by 2010.
For a decade, Russian academic Igor Panarin has been predicting the U.S. will fall apart in 2010. For most of that time, he admits, few took his argument -- that an economic and moral collapse will trigger a civil war and the eventual breakup of the U.S. -- very seriously. Now he's found an eager audience: Russian state media.
Location: Some got six month some got one solid. But me and my buddies all got lifetime here
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Quote:
Originally Posted by anifani821
And if it isn't enuff that China and Dubai are buying up a disintegrating American economy . . . this Russian has been predicting for years that America's economy would fall apart by 2010.
For a decade, Russian academic Igor Panarin has been predicting the U.S. will fall apart in 2010. For most of that time, he admits, few took his argument -- that an economic and moral collapse will trigger a civil war and the eventual breakup of the U.S. -- very seriously. Now he's found an eager audience: Russian state media.
I love that guy already.
Quote:
California will form the nucleus of what he calls "The Californian Republic," and will be part of China or under Chinese influence. Texas will be the heart of "The Texas Republic," a cluster of states that will go to Mexico or fall under Mexican influence. Washington, D.C., and New York will be part of an "Atlantic America" that may join the European Union. Canada will grab a group of Northern states Prof. Panarin calls "The Central North American Republic." Hawaii, he suggests, will be a protectorate of Japan or China, and Alaska will be subsumed into Russia.
"It would be reasonable for Russia to lay claim to Alaska; it was part of the Russian Empire for a long time." A framed satellite image of the Bering Strait that separates Alaska from Russia like a thread hangs from his office wall. "It's not there for no reason," he says with a sly grin.
I'm calling shenanigans (a bravo sierra, if you will). It sounds like he's trying to move up a ladder or something....
Me: First of all, I am pretty sure this the plot of the 1984 classic film Red Dawn. Second, any political disintegration of America and accompanying economic chaos would drag Russia and China right along with it. Third, Russia, with its aging society, falling longevity rates, commodity economy and ethnic tensions, is more likely to fall apart. Fourth, this completely ridiculous.
"The U.S. and Pittsburgh economies are likely to start improving in the middle of 2009, two bank economists told the Economic Club of Pittsburgh Tuesday"
Brian, one of the guys you quoted or pulled the article from said that one of the two reasons why he thinks we will be out of the recession by mid-'09 is because of the possibility of Obama's stimulus pacakge going through.
I mean, are you serious? IF we are to have any positive effects from that, it won't be in the short term...
How about the negative news we will be getting in regards to foreclosures this year? How about the rising unemployment figures when these companies actually start laying off people? Are you discounting that also?
Listen, I can throw a dart on the wall like you did and post some random economists and say "we are going to be out of this by mid-year", but I ain't gonna do that because common sense tells you there will be much more long term pain to come....I've been preaching this forever when the bubble started to burst back in '05 in Jersey...
You might want to research what's happening in Dubai and China a little bit better. And that Russian research is laughable; have you taken a look at their economy lately?
I'm not an adherent of the global decoupling theory. We're screwed, but Asia, the Middle East, and Russia are much worse off than the west. They're reliant on our purchasing power to keep their economies afloat. If you subscribe to the decoupling theory here's where investing along those lines would've got you in the past year:
"The U.S. and Pittsburgh economies are likely to start improving in the middle of 2009, two bank economists told the Economic Club of Pittsburgh Tuesday"
Brian, one of the guys you quoted or pulled the article from said that one of the two reasons why he thinks we will be out of the recession by mid-'09 is because of the possibility of Obama's stimulus pacakge going through.
I mean, are you serious? IF we are to have any positive effects from that, it won't be in the short term...
How about the negative news we will be getting in regards to foreclosures this year? How about the rising unemployment figures when these companies actually start laying off people? Are you discounting that also?
Listen, I can throw a dart on the wall like you did and post some random economists and say "we are going to be out of this by mid-year", but I ain't gonna do that because common sense tells you there will be much more long term pain to come....I've been preaching this forever when the bubble started to burst back in '05 in Jersey...
The initial stimulus package and TARP 1 of 2008 worked so well, so lets try it again and expect different results. Meet the new boss, same as the old boss...
The initial stimulus package and TARP 1 of 2008 worked so well, so lets try it again and expect different results. Meet the new boss, same as the old boss...
I agree. And our new Treasury Secretary doesn't even know how to calculate his own taxes correctly. LMAO.
You might want to research what's happening in Dubai and China a little bit better. And that Russian research is laughable; have you taken a look at their economy lately?
I'm not an adherent of the global decoupling theory. We're screwed, but Asia, the Middle East, and Russia are much worse off than the west. They're reliant on our purchasing power to keep their economies afloat. If you subscribe to the decoupling theory here's where investing along those lines would've got you in the past year:
I agree. And our new Treasury Secretary doesn't even know how to calculate his own taxes correctly. LMAO.
Can you believe they confirmed this guy???? And people keep saying - well, he is a protege of Larry Summers. And that is supposed to make me feel GOOD?????
Can you believe they confirmed this guy???? And people keep saying - well, he is a protege of Larry Summers. And that is supposed to make me feel GOOD?????
I know!!! I just feel like our government is getting more and more corrupt and either no one cares or our hands are tied. I mean shouldn't we be able to oust him and get someone honest in there?
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