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I don't understand america.

Posted May 8, '12 at 8:30pm

Iliketehpie

Iliketehpie

34 posts

I am a canadian, yet I do not understand how 15 trillion in debt, yet the most powerful economy. I know about alot of factors tie in, like powerful military big country...and what not. I still beleive in Manifest destiny, maybe not a military takeover, but enconomicly. To apparently the most powerful nation on earth.

 

Posted May 8, '12 at 9:02pm

jt25rox

jt25rox

344 posts

I not good with economic crap but its simple.

We got big military and stupid politician. We give aid to countries with the false hopes of them repaying. Our military helps enforce crap that brings us money but we waste it on finding guys in jungles or in the desert. In the last 60 years we given aid to Nam, China, Japan, Mexico, Hatia, Canada, Germany, Russia, France, Canada, and lots more. We probaly leased 30 trillion and only got 3 trillion back. Our debt goes back to Rev War. Canada has debt back to 1950 or when ever it got independence

 

Posted May 8, '12 at 9:19pm

partydevil

partydevil

5,130 posts

the last 60 years we given aid to Nam, China, Japan, Mexico, Hatia, Canada, Germany, Russia, France, Canada, and lots more.


are you counting the marshall plan whit that or what?
beside the mashall plan most of the countrys listed here don't need financial aid. but your gov. gave it, so why would they deny the free aid? on the other hand have other country been a little smarter and rented money to the usa instead of giving.

(in the marshall plan it was agreed that the countrys didn't had to pay back. over 50 year ago, kinda late to ask for it now isn't it?)
 

Posted May 8, '12 at 9:24pm

jt25rox

jt25rox

344 posts

Nam- helped the south gave the food
France/Germany/Russia- 1950s post WWII
Japan-earthquake
Hatiti- earthquake
China- Wars
Canada and Mexico- stop crossing our borders

Well we go Osama i mean Obama. Lets shovel money into the furance that moves the country. We spend more than we earn. Part of the problem is the gold standard. We are off it (thx Nixon) becuz we aint got any gold. So we are aiding with paper, words, and troops

 

Posted May 8, '12 at 9:27pm

Bladerunner679

Bladerunner679

2,534 posts

Our debt goes back to Rev War.


actually, our debt of today has origins from WWII. we were a creditor nation back in the '20s, but we spent it all in the name of fighting nazis.

the WWII deficit was around 250billion, and then each president in turn kept adding to the defense budget, and kept giving off aid all over the world (due to keynesian politics). overtime, this lethal combination raised our deficit from the 250billion we had in WWII, to the 15trillion today.

HISTORY!

-Blade
 

Posted May 8, '12 at 9:35pm

jt25rox

jt25rox

344 posts

there is still debt from Post-rev though. Lousiana, 1812, we still owe the french for their support in the rev. although we did create a ****hole over there after our rev (thats a whole different topic). we were 100mil in debt after the rev. where do we suddenly gain a 100mil. The civil war put us in huger debt.

 

Posted May 8, '12 at 9:37pm

thepyro222

thepyro222

2,187 posts

We are the biggest counrty as far as GDP http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)

 

Posted May 8, '12 at 9:40pm

partydevil

partydevil

5,130 posts

Nam - no idea. never heared of nam.
France/Germany/Russia - marshall plan
japan - didn't need financial aid. usa gave them by their own. (loads of countrys gave aid worldwide. mostly china)
Hatiti - this country needed financial aid.
China - yea war and killing is realy aid. after the usa went home there has been no aid i'm aware of. (except for paying what you and the japs destroyed)
Canada - why would they want to cross the border? canada is so much nicer and stable then the usa is. and why the hack would you give them financial aid?
Mexico - can you realy blame them for crossing the border? and what would financial aid help whit this problem? i don't see the logic in it.

also you do know that the usa debt started rocketing when bush started his 2nd turn right? obama is unable to instandly stop all the speding agreements bush had made.

 

Posted May 8, '12 at 9:41pm

jt25rox

jt25rox

344 posts

we are actually above all countries on the euro combined. USA!USA!USA!USA!

 

Posted May 8, '12 at 9:46pm

partydevil

partydevil

5,130 posts

believe your BS, it still is BS.

 
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