FileFront Forums
Page 2 of 2 1 2
Show 50 post(s) from this thread on one page

FileFront Forums (http://forums.filefront.com/)
-   The Pub (http://forums.filefront.com/pub-578/)
-   -   US Federal Spending (http://forums.filefront.com/pub/283197-us-federal-spending.html)

Nostradamouse October 20th, 2006 12:33 PM
Re: US Federal Spending
 
Quote:
Originally Posted by Machiavelli's Apprentice (Post 3301319)
Our national debt and deficit isn't that different from the rest of the western powers - the big difference is, ours has more consequences (Economic collapse in, say, Germany wouldn't have much of an effect on the world economy as a whole)
Any countries in the G8 falling apart quickly would have dire repercussions on relatively unnegligable portions of the world.

masked_marsoe October 20th, 2006 06:33 PM
Re: US Federal Spending
 
Quote:
Originally Posted by Machiavelli's Apprentice (Post 3301319)
Our national debt and deficit isn't that different from the rest of the western powers - the big difference is, ours has more consequences (Economic collapse in, say, Germany wouldn't have much of an effect on the world economy as a whole)
But that would have flow on effects to the EU. Economic collapse in the EU most certainly would have a massive effect on the world economy.

Joe Bonham October 20th, 2006 06:35 PM
Re: US Federal Spending
 
Quote:
Originally Posted by masked_marsoe (Post 3302569)
But that would have flow on effects to the EU. Economic collapse in the EU most certainly would have a massive effect on the world economy.
One country collapsing would cause the whole EU to fall apart?

Gee, either European countries have extremely fragile economies or you don't have much confidence in the EU...

masked_marsoe October 20th, 2006 07:01 PM
Re: US Federal Spending
 
It's called interdependence. ;)

Germany has a very big economy, and its role in the EU is also big. We're talking about collapse here, not just a downturn.

Joe Bonham October 20th, 2006 07:05 PM
Re: US Federal Spending
 
Quote:
Originally Posted by masked_marsoe (Post 3302633)
It's called interdependence. ;)

Germany has a very big economy, and its role in the EU is also big. We're talking about collapse here, not just a downturn.
Well, that's a bummer.

Karst October 21st, 2006 02:39 AM
Re: US Federal Spending
 
The EU economy basically is the German economy. There's a reason why the EU-bank has its seat in Frankfurt. The German economy is the third largest in the world, so obviously it would have a huge impact on the global economy.

Joe Bonham October 21st, 2006 07:01 AM
Re: US Federal Spending
 
Its fortunate that we don't have to be dependent on other countries then. (At least not yet...) :)

masked_marsoe October 21st, 2006 07:51 AM
Re: US Federal Spending
 
Actually, the US is heavily dependent on other countries, primarily China. Noone has to be dependent, but the doctrine of globalisation is quite popular amongst the rulers of the world, and so each nation is tied into the other by treaties and such.

Anyway, the real topic of this thread is the massive increase in federal spending.

Nostradamouse October 21st, 2006 10:39 AM
Re: US Federal Spending
 
Also you have a big interdependance with us, canadians.

Just look at the trades between both our countries, biggest in the world.


All times are GMT -7.
Page 2 of 2 1 2
Show 50 post(s) from this thread on one page

Powered by vBulletin®
Copyright ©2000 - 2016, vBulletin Solutions, Inc.
SEO by vBSEO 3.6.0 ©2011, Crawlability, Inc.