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IMF Bombshell: Age of America Nears End

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  • IMF Bombshell: Age of America Nears End

    IMF Bombshell: Age of America Nears End (Marketwatch.com)
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  • #2
    Re: IMF Bombshell: Age of America Nears End

    An interesting read. However, it's actually a mere footnote. Eventually, there will be a world economy with a world currency and China will lose it's short lived "prestige" of having the dominant currency and economic might, just like the United States.

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    • #3
      Re: IMF Bombshell: Age of America Nears End

      Originally posted by Warrior4God View Post
      An interesting read. However, it's actually a mere footnote. Eventually, there will be a world economy with a world currency and China will lose it's short lived "prestige" of having the dominant currency and economic might, just like the United States.
      Or not, and China will be in a position of prestige for quite some time. Maybe then those Evangelical Americans will realize they aren't and never were a modern day (theocratic) Israel.

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      • #4
        Re: IMF Bombshell: Age of America Nears End

        Originally posted by Athanasius View Post
        Or not, and China will be in a position of prestige for quite some time. Maybe then those Evangelical Americans will realize they aren't and never were a modern day (theocratic) Israel.
        You're certainly entitled to your opinion. I happen to thoroughly disagree with it, but you are indeed entitled to it.

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        • #5
          Re: IMF Bombshell: Age of America Nears End

          I don't think anyone should be surprised that 2 billion ultra-hard working, obsessively saving new capitalists are quickly growing their economy. To declare it the end of the American age though is a little... dramatic. Actually, to assume there was an "American Age" is a touch on the dramatic side to begin with. If we expressed that growth in per capita numbers, it might look substantially less impressive.

          Articles like this make me feel sorry for Americans, who seem to live in fear and guilt of their relative success. Who came up with the idea that largest economic throughput = greatest nation? Do freedoms and standards of living not factor into that at all? Why does second place in any given economic metric = "end of an era"? What slice of the pie do you think the average Chinaman is getting from their nation's growth? Not a whole lot... which is why Chinese people still migrate to the US. All things considered, this is still one of the best countries in the world for converting hard work and shrewd intellects into success.

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          • #6
            Re: IMF Bombshell: Age of America Nears End

            Originally posted by HisLeast View Post
            I don't think anyone should be surprised that 2 billion ultra-hard working, obsessively saving new capitalists are quickly growing their economy. To declare it the end of the American age though is a little... dramatic. Actually, to assume there was an "American Age" is a touch on the dramatic side to begin with. If we expressed that growth in per capita numbers, it might look substantially less impressive.

            Articles like this make me feel sorry for Americans, who seem to live in fear and guilt of their relative success. Who came up with the idea that largest economic throughput = greatest nation? Do freedoms and standards of living not factor into that at all? Why does second place in any given economic metric = "end of an era"? What slice of the pie do you think the average Chinaman is getting from their nation's growth? Not a whole lot... which is why Chinese people still migrate to the US. All things considered, this is still one of the best countries in the world for converting hard work and shrewd intellects into success.
            I find it humorous, and very ironic, that China wants to become more capitalist and many in the United States want to become more socialist / communist.

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            • #7
              Re: IMF Bombshell: Age of America Nears End

              Originally posted by Warrior4God View Post
              You're certainly entitled to your opinion. I happen to thoroughly disagree with it, but you are indeed entitled to it.
              Which part? All of it, that China will be in a positive of prestige for a while, or that America isn't a modern-day theocratic Israel?

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              • #8
                Re: IMF Bombshell: Age of America Nears End

                I think it is ripe for america to be at an end as anywhere else. To me a definition of that is that on a single basis throughout the world it seems the heart is puffed up enough to say "nothing can befall me", thats not just America, but America gets focus because we are either in it or near it and it is the big honcho of the world presently, but to focus distinctly on America I say is likened to a false witness, the whole world is under this illusion.

                Grace to you, peace by God and the Lord.

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                • #9
                  Re: IMF Bombshell: Age of America Nears End

                  Originally posted by mattlad22 View Post
                  I think it is ripe for america to be at an end as anywhere else. To me a definition of that is that on a single basis throughout the world it seems the heart is puffed up enough to say "nothing can befall me", thats not just America, but America gets focus because we are either in it or near it and it is the big honcho of the world presently, but to focus distinctly on America I say is likened to a false witness, the whole world is under this illusion.

                  Grace to you, peace by God and the Lord.
                  I'd suggest you spend some serious time amongst Americans. I am not an American, but I've lived here for about 10 years. In my opinion, there's few people as self depricating as Americans. They have a cultural imperitive to hate themselves. Americans, on average, are of the opinion that they are (i) one of the worst countries in the world and (ii) that everything they do both on a foriegn stage and domestically is backwards.

                  When I first moved here, I used to tell a joke: "What does a Canadian say when you stomp on his foot?" Answer: "Sorry".

                  I've quickly come to realize that the joke is far FAR more appropriate in an American context, than a Canadian one.

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                  • #10
                    Re: IMF Bombshell: Age of America Nears End

                    Originally posted by HisLeast View Post
                    I'd suggest you spend some serious time amongst Americans. I am not an American, but I've lived here for about 10 years. In my opinion, there's few people as self depricating as Americans. They have a cultural imperitive to hate themselves. Americans, on average, are of the opinion that they are (i) one of the worst countries in the world and (ii) that everything they do both on a foriegn stage and domestically is backwards.

                    When I first moved here, I used to tell a joke: "What does a Canadian say when you stomp on his foot?" Answer: "Sorry".

                    I've quickly come to realize that the joke is far FAR more appropriate in an American context, than a Canadian one.
                    I dont know what this is coming from, pride of country?
                    I didnt elevate America at all or compare it to anything, i stated it is viewed that way because it is the honcho and most of us are either in it or close to it that talk about it, but the whole world is actually puffed up in the same manner.
                    Thats exactly what i said, so your return reply i am uncertian of the point.
                    If you wish to elaborate, please, i am confused on how you got that meaning.

                    Grace to you, peace in God and the Lord.

                    Comment


                    • #11
                      Re: IMF Bombshell: Age of America Nears End

                      Originally posted by mattlad22 View Post
                      I dont know what this is coming from, pride of country?
                      I didnt elevate America at all or compare it to anything, i stated it is viewed that way because it is the honcho and most of us are either in it or close to it that talk about it, but the whole world is actually puffed up in the same manner.
                      Thats exactly what i said, so your return reply i am uncertian of the point.
                      If you wish to elaborate, please, i am confused on how you got that meaning.

                      Grace to you, peace in God and the Lord.
                      I'm suggesting that America isn't really "puffed up". Culturally, it does not have a high opinion of itself. Americans on average don't say "nothing can befall us!" but rather "doom is upon us!".

                      Comment


                      • #12
                        Re: IMF Bombshell: Age of America Nears End

                        Originally posted by HisLeast View Post
                        I'm suggesting that America isn't really "puffed up". Culturally, it does not have a high opinion of itself. Americans on average don't say "nothing can befall us!" but rather "doom is upon us!".
                        Yup, just look at the empty Wal-Mart shelves every time there's mention that might weather might be coming.

                        Gotta stock up now! It's the end of the world! Everyone in the bunkers!

                        Or the fact that the guy selling a concoction to procect preople's thyroids from radioactivity is making a mint right now IN THE US even though the nuclear reactors that are leaking are halfway around the world IN JAPAN. IDK if people don't know where Japan is or maybe it's gotten knocked loose and is floating around the Pacific and coming our way, who knows?

                        Paranoia. Gotta love it.

                        Comment


                        • #13
                          Re: IMF Bombshell: Age of America Nears End

                          Originally posted by HisLeast View Post
                          I'm suggesting that America isn't really "puffed up". Culturally, it does not have a high opinion of itself. Americans on average don't say "nothing can befall us!" but rather "doom is upon us!".
                          Were viewing it 2 completely different ways, your talking about the reaction of natural disasters and calamity, im talking about the financial/political prowess.
                          Even If the question was, do you think the U.S could be destroyed soon, the answer from most would be. No. Same goes for the mass of the world.
                          For what your speaking of, i think people try to rely on themselves too much, im not saying it isnt wise to be ready, but I do think there is a going too far point where we tend to put Him aside and take control ourselves. Now for those who dont believe in Him, thats not an issue, how could it be?

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                          • #14
                            Re: IMF Bombshell: Age of America Nears End

                            Originally posted by mattlad22 View Post
                            Were viewing it 2 completely different ways, your talking about the reaction of natural disasters and calamity, im talking about the financial/political prowess.
                            I'm talking about both, and much more than that. Americans are culturally mandated to be ashamed of being American in almost every facet of life.

                            Originally posted by mattlad22 View Post
                            Even If the question was, do you think the U.S could be destroyed soon, the answer from most would be. No. Same goes for the mass of the world.For what your speaking of, i think people try to rely on themselves too much, im not saying it isnt wise to be ready, but I do think there is a going too far point where we tend to put Him aside and take control ourselves. Now for those who dont believe in Him, thats not an issue, how could it be?
                            The context of this thread isn't about relying on God. The context of this thread is "news" that "the American era is over". The thread does not pose a question, but rather presents an opinion that America is somehow diminished by having an economy marginally smaller than a country time times its size (assuming stricly linear progression of current trends).

                            My position is that this news does not represent an "end" to America, but it does dovetail nicely into their culture of defeat and self-hatred.

                            Breaks my heart.

                            Comment


                            • #15
                              Re: IMF Bombshell: Age of America Nears End

                              I guess too many folks believe that the size of a country's economy is what makes that country either powerful or great or that an "age" is over...

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