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OWLS! posted:It is in china china laughing at the united states from the top down
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Jan 24, 2017 02:15
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SpaceGoku posted:no, the soviet union was merely an example of state capitalism Stating edgy counterfactuals does not make them non-counterfactual, comrade. Check back with Borneo jimmy for better technique
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Jan 24, 2017 02:17
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Anime Schoolgirl posted:due to how their odd state-capitalist economic system works, it's going to work strangely enough there that most of the brunt will actually be absorbed by the corporations instead of the people If you think that won't cause the party to lose the mandate of heaven, loving lol.
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Jan 24, 2017 02:20
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OWLS! posted:If you think that won't cause the party to lose the mandate of heaven, loving lol.
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Jan 24, 2017 02:29
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Anime Schoolgirl posted:due to how their odd state-capitalist economic system works, it's going to work strangely enough there that most of the brunt will actually be absorbed by the corporations instead of the people Yep.
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Jan 24, 2017 02:36
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gobbagool posted:Stating edgy counterfactuals does not make them non-counterfactual, comrade. Check back with Borneo jimmy for better technique mfw someone defends capitalism without even knowing what makes an economy capitalist 
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Jan 24, 2017 02:39
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SpaceGoku posted:mfw someone defends capitalism without even knowing what makes an economy capitalist "This is the fourth election we've had this century, and we haven't gone anywhere yet."
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Jan 24, 2017 02:45
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Hold on op gonna check my economic status/prediction device. Imminent? Don't count on it Inevitable? It is decidedly so Will it result in something better? Better not tell you now Is capitalism going to fail? Signs point to yes
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Jan 24, 2017 02:48
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There will probably be a bubble forming soon. I wouldn't sell yet but be ready
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Jan 24, 2017 03:10
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It's pretty cool how my ability to eat non-catfood items in retirement is materially controlled by the whims of the dollar chasing fucksticks on Wall Street
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Jan 24, 2017 05:40
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Ramrod Hotshot posted:There will probably be a bubble forming soon. I wouldn't sell yet but be ready there's like three bubbles out there, the biggest one of which is the carbon bubble, which when it pops is like the yellowstone supervolcano, and its collapse will take regimes down with it including the US regime
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Jan 24, 2017 05:42
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Duscat posted:there's like three bubbles out there, the biggest one of which is the carbon bubble, which when it pops is like the yellowstone supervolcano, and its collapse will take regimes down with it including the US regime jokes on you our soda supplies will never run dry ha ha but seriously the entire world economy will be fuuuuucked when Trump defaults on the debt and the us bond is suddenly worthless so comparatively speaking it doesn't matter (much like everything else)
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Jan 24, 2017 06:16
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There's definitely some troubling red flags, like the fact that none of the top 20 biggest global shipping companies reported a profit for 2016, the massively underfunded state employee pensions across the country, etc. Basically everything is fine
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Jan 24, 2017 18:30
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Anime Schoolgirl posted:they've weathered mao and two straight recessions trying to adopt free-market capitalism before settling for state-owned capitalism, they'll weather corporations making GBS threads their pants it's very easy for an anime marxist to say that china "weathered" those things from behind your keyboard somewhere in a first world nation. diminishing the suffering of 2nd and 3rd world workers seems to be something that internet anime marxists do best in fact. It's almost like you're in love with a notion rather than reality
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Jan 24, 2017 18:49
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If I had to guess, I would say short-term no, long-term yes From my perspective, it seems like whenever a Republican administration takes over, a lot of short term fixes go into place that fixes the economy for now and screw it over years later So maybe in four to eight years we might have a bad recession but for now the economy should actually be improving a bit
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Jan 24, 2017 19:02
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gobbagool posted:it's very easy for an anime marxist to say that china "weathered" those things from behind your keyboard somewhere in a first world nation. diminishing the suffering of 2nd and 3rd world workers seems to be something that internet anime marxists do best in fact. It's almost like you're in love with a notion rather than reality meanwhile diminishing the suffering of 1st world workers is something that everyone can get behind, because if someone dies from a preventable illness due to not having access to healthcare, well they should have just moved to California and started a business and bootstrapped themselves into the middle class
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Jan 24, 2017 19:02
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gobbagool posted:it's very easy for an anime marxist to say that china "weathered" those things from behind your keyboard somewhere in a first world nation. diminishing the suffering of 2nd and 3rd world workers seems to be something that internet anime marxists do best in fact. It's almost like you're in love with a notion rather than reality Who gives a poo poo! Kill their workers and bring the factories back!
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Jan 24, 2017 19:04
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Why do American workers have to pretend to give a poo poo about raising some poor slob out of poverty when they clearly would never give a gently caress about our families? It's a zero-sum game and it's nice to see people waking up to that fact. I care more about the white, black, Asian, Native American, etc. people in my own loving country more than I'll ever care about some abstract notion of lifting the world up through self flagellation.
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Jan 24, 2017 19:07
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Trade isn't zero sum.
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Jan 24, 2017 19:15
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Helsing posted:Trade isn't zero sum. Yeah, thanks, I got an economics degree too. Trade as currently implemented is zero sum from a worker's perspective, which is the only perspective that matters.
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Jan 24, 2017 19:17
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free trade is globalized trickle-down. we suffer all of the losses and business owners reap all of the gains
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Jan 24, 2017 19:27
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probably. but idk if it'll come from here or from somewhere else. like germany, their banks are in pretty bad shape lately
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Jan 24, 2017 19:36
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I'm glad Trump is going to crush the Chinese.
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Jan 24, 2017 19:37
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Trump is probably going to have a few quarters of solid growth, overheat the economy, and send us into an unimaginable death-spiral that will only stop when the bodies stop falling from skyscrapers in NYC, imo
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Jan 24, 2017 19:37
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there's a nonzero chance we go to war with china in the next four years. all those people saying hillary's foreign policy would be worse are a bunch of dumbasses
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Jan 24, 2017 19:38
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call to action posted:Why do American workers have to pretend to give a poo poo about raising some poor slob out of poverty when they clearly would never give a gently caress about our families? It's a zero-sum game and it's nice to see people waking up to that fact. I care more about the white, black, Asian, Native American, etc. people in my own loving country more than I'll ever care about some abstract notion of lifting the world up through self flagellation. This. So this.
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Jan 24, 2017 19:40
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There's going to be a surge of deficit spending, followed by drastic cuts to government funded services. This will result in a few years of significant positive growth that will be entirely reversed when we go back to war for oil, leaving sustainable options years behind because hey, it's cheap enough to drive your Ford. The US Sovereign debt rating will be cut, interest rates will outpace inflation, and we enter another worldwide recession by 2022.
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Jan 24, 2017 19:43
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call to action posted:Yeah, thanks, I got an economics degree too. Trade as currently implemented is zero sum from a worker's perspective, which is the only perspective that matters. Stop blaming other countries for that an accept some responsibility for fucks sake. Every country has its problems but some other advanced economies have managed to continue being competitive exporters without inflicting the kind of social damage that Americans inflicted on the rustbelt. Different economies choose to interface with global trade differently. America intentionally chose a path that would hurt its own working class and yet most Americans kept voting for those parties, probably cause they were more worried about abortions and school busing. Chinese factory workers aren't responsible for pissed of blue collar Americans enthusiastically supporting anti-worker politicians for decade after decade while getting nothing to show for it.
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Jan 24, 2017 19:48
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Helsing posted:Stop blaming other countries for that an accept some responsibility for fucks sake. Every country has its problems but some other advanced economies have managed to continue being competitive exporters without inflicting the kind of social damage that Americans inflicted on the rustbelt. Different economies choose to interface with global trade differently. America intentionally chose a path that would hurt its own working class and yet most Americans kept voting for those parties, probably cause they were more worried about abortions and school busing. Chinese factory workers aren't responsible for pissed of blue collar Americans enthusiastically supporting anti-worker politicians for decade after decade while getting nothing to show for it. I've taken all the responsibility I can take, personally. I vote left and caucus left, and I've supported the few union workers at my own workplace. Stop pretending that American workers have any real say in any of this, there hasn't been a real worker's choice in the US for decades.
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Jan 24, 2017 19:50
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ScrubLeague posted:There's going to be a surge of deficit spending, followed by drastic cuts to government funded services. This will result in a few years of significant positive growth that will be entirely reversed when we go back to war for oil, leaving sustainable options years behind because hey, it's cheap enough to drive your Ford. The US Sovereign debt rating will be cut, interest rates will outpace inflation, and we enter another worldwide recession by 2022. Why would the US go to war for Oil? You're aware that Oil production in the US has expanded dramatically since the last time you read a newspaper, aren't you? You really want to have an old fashioned freakout, go google "fracking"
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Jan 24, 2017 19:53
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Cheney 2 is going to be SOS.
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Jan 24, 2017 19:55
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ScrubLeague posted:Cheney 2 is going to be SOS. It's ironic given all the 'no blood for oil' protests that in fact we really didn't get any oil out of iraq that we weren't going to get anyways, but instead developed our domestic reserves to a degree that's fundamentally broken OPEC as a functioning entity. I expect Rex Tillerson understands the implications of this in a way that Theresa Heinz's husband never could be bothered to because there's no opportunity to poo poo on the flag in the process
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Jan 24, 2017 20:01
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MeatwadIsGod posted:There's definitely some troubling red flags, like the fact that none of the top 20 biggest global shipping companies reported a profit for 2016, the massively underfunded state employee pensions across the country, etc. Is the shipping profits a red flag though? They have a lot of market incentives to lose their poo poo and build themselves into a glut jockeying for position at the slightest whiff of actual demand and their margins are generally razor-thin to begin with.
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Jan 24, 2017 20:06
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Can the next recession come sooner rather than later? I'm sick of waiting.
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Jan 24, 2017 22:14
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Helsing posted:Then get ready for the Eschaton. 
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Jan 24, 2017 22:29
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gobbagool posted:It's ironic given all the 'no blood for oil' protests that in fact we really didn't get any oil out of iraq that we weren't going to get anyways, but instead developed our domestic reserves to a degree that's fundamentally broken OPEC as a functioning entity. I expect Rex Tillerson understands the implications of this in a way that Theresa Heinz's husband never could be bothered to because there's no opportunity to poo poo on the flag in the process So true, wise sage of fossil fuels. Now excuse me while I go light my tapwater on fire for light, because all of my electrical wires were destroyed by subsidence
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Jan 24, 2017 23:47
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get that OUT of my face posted:there's a nonzero chance we go to war with china in the next four years. all those people saying hillary's foreign policy would be worse are a bunch of dumbasses 
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Jan 25, 2017 00:36
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a literal war with china may actually be a bad thing when you really think about it
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Jan 25, 2017 00:39
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ScrubLeague posted:There's going to be a surge of deficit spending, followed by drastic cuts to government funded services. This will result in a few years of significant positive growth that will be entirely reversed when we go back to war for oil, leaving sustainable options years behind because hey, it's cheap enough to drive your Ford. The US Sovereign debt rating will be cut, interest rates will outpace inflation, and we enter another worldwide recession by 2022. Nods. At which point my party will blame the poor gently caress who has to clean up the mess.
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Jan 25, 2017 00:42
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DrPossum posted:a literal war with china may actually be a bad thing when you really think about it Oh, I agree. I just also agree that if such a thing should occur it will be in large part due to Trump's idiocy concerning foreign policy.
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Jan 25, 2017 00:44
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