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Old 10-22-2009, 10:47 PM
 
Location: Southcentral Kansas
44,924 posts, read 27,028,059 times
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It seems that many people in the economic sector of our country are starting to see the US becoming a banana republic very soon. For some reason they seem to think we should cut back on all this wild borrowing and spending. Could it be because China and Japan are getting ready to stop the flow of their wealth to us and Europe is starting to get afraid of the Euro being 1.50 compared to the dollar.


Pethokoukis: America’s Banana Republic Economy - Dan_Perrin’s blog - RedState
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Old 10-22-2009, 10:55 PM
 
9,881 posts, read 8,750,758 times
Reputation: 2874
Quote:
Originally Posted by roysoldboy View Post
It seems that many people in the economic sector of our country are starting to see the US becoming a banana republic very soon. For some reason they seem to think we should cut back on all this wild borrowing and spending. Could it be because China and Japan are getting ready to stop the flow of their wealth to us and Europe is starting to get afraid of the Euro being 1.50 compared to the dollar.


Pethokoukis: America’s Banana Republic Economy - Dan_Perrin’s blog - RedState
China has already made it clear that they think the United States has to stop the exorbitant spending.
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Old 10-23-2009, 01:32 AM
 
1,747 posts, read 1,668,604 times
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Quote:
Originally Posted by pommysmommy View Post
China has already made it clear that they think the United States has to stop the exorbitant spending.
Yeah?
Well, someone forgot to tell Nancy Pelosi and a lot of other career politicians about this.
Nov. 2010.......where are you?

This is all such wonderful news.
NOT!
America has been totally shafted since rolling into this century and the Banana Republic that will lead US to 3rd world status and finally......a slave nation that will resemble nothing recognizable......is what we have to look forward to now?
Thrilled.
What happened, America?
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Old 12-06-2009, 08:02 AM
 
Location: Heartland Florida
9,324 posts, read 23,230,141 times
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The solution is to follow the money and cut off the parasites sucking it away. The biggest parasites are in government, so a way has to be figured out how to stop the spending. Other parasites are the "too big to fails" and market manipulators like Goldman Sachs. The solution is to clean out incumbents and replace them with real innovators. Unfortunately if that proves impossible the only alternative will be violent revolution or surgical assassination of the individual economic vampires.
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Old 12-06-2009, 09:03 AM
 
Location: Texas
32,527 posts, read 17,643,747 times
Reputation: 18660
Quote:
Originally Posted by roysoldboy View Post
It seems that many people in the economic sector of our country are starting to see the US becoming a banana republic very soon. For some reason they seem to think we should cut back on all this wild borrowing and spending. Could it be because China and Japan are getting ready to stop the flow of their wealth to us and Europe is starting to get afraid of the Euro being 1.50 compared to the dollar.


Pethokoukis: America’s Banana Republic Economy - Dan_Perrin’s blog - RedState

Roy -

Please explain how America came to this sad state of affairs.
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