From: German on 10 Jul 2010 13:22 On 06.07.2010 00:43, Bill Sloman wrote: > On Jul 5, 4:28 pm, dagmargoodb...(a)yahoo.com wrote: >> On Jul 4, 7:21 pm, John Larkin >> >> <jjlar...(a)highNOTlandTHIStechnologyPART.com> wrote: >>> http://www.ft.com/cms/s/0/1f011f36-87ae-11df-9f37-00144feabdc0.html >> >>> It appears that the Germans, at least, appreciate where they are on >>> the Laffer curve. >> >>> John >> >> "The stronger-than-expected growth and falls in unemployment were >> making it significantly easier for Germany to reduce its public sector >> deficit." >> >> We'd be bouncing back too but for Obama. Even flat on its back, our >> economy would be trying to sit up if Big Bro wasn't busy holding it >> down. It was and is weakly trying, but he just won't let it. > > It isn't Obama who shipped great swathes of American manufacturing > industry off to China and Mexico. Germany is doing well because it > does manufacturing better than anybody else. This, sadly enough, is only theoretically true, because here in Germany we don't have much left to manufacture. This parts of the industry have been shifted to China, Rumania,... in the last years. So it is basically the same situation here. Greets from Germany
From: John Larkin on 10 Jul 2010 13:42 On Sat, 10 Jul 2010 19:22:36 +0200, German <invalid(a)invalid.invalid> wrote: >On 06.07.2010 00:43, Bill Sloman wrote: >> On Jul 5, 4:28 pm, dagmargoodb...(a)yahoo.com wrote: >>> On Jul 4, 7:21 pm, John Larkin >>> >>> <jjlar...(a)highNOTlandTHIStechnologyPART.com> wrote: >>>> http://www.ft.com/cms/s/0/1f011f36-87ae-11df-9f37-00144feabdc0.html >>> >>>> It appears that the Germans, at least, appreciate where they are on >>>> the Laffer curve. >>> >>>> John >>> >>> "The stronger-than-expected growth and falls in unemployment were >>> making it significantly easier for Germany to reduce its public sector >>> deficit." >>> >>> We'd be bouncing back too but for Obama. Even flat on its back, our >>> economy would be trying to sit up if Big Bro wasn't busy holding it >>> down. It was and is weakly trying, but he just won't let it. >> >> It isn't Obama who shipped great swathes of American manufacturing >> industry off to China and Mexico. Germany is doing well because it >> does manufacturing better than anybody else. > >This, sadly enough, is only theoretically true, because here in Germany >we don't have much left to manufacture. This parts of the industry have >been shifted to China, Rumania,... in the last years. So it is basically >the same situation here. > >Greets from Germany Germany still has a trade balance surplus. Do you think that will go away? Keep making cars, anyhow. German cars are great.. even the ones made in Mexico. How do Germans, in general, feel about bailing out the southern countries? John
From: krw on 10 Jul 2010 16:57 On Sat, 10 Jul 2010 09:35:31 -0700, John Larkin <jjlarkin(a)highNOTlandTHIStechnologyPART.com> wrote: >On Sat, 10 Jul 2010 10:03:34 -0600, m II <c(a)in.the.hat> wrote: > >>Joerg wrote: >> >>> Out here the ultimate cat's meouw would be an all tricked-out truck with >>> a huge engine, and where you need a ladder to get in. >> >> >>4 X 4 = IQ for some of those people. I swear, they must be forced to >>get a lobotomy before they can drive those things. They seem to be bent >>on destroying nature with empty beer cans and quarter mile long >>burn-outs through the bird nesting areas. >> >>They're the Archies of the automotive world. >> >>mike > >I love the names of these vehicles: Sierra, Tundra, Outback, Tahoe, >Sequoia, Yukon, all the places they are designed to destroy. > >Blazer, n: forest clear-cutting device or "quite fast". >Xterra, v: latin for "destroy the earth" or "out of this world"
From: krw on 10 Jul 2010 16:59 On Sat, 10 Jul 2010 10:26:12 -0600, m II <c(a)in.the.hat> wrote: >Bill Bowden wrote: > >>> A lot of consumption in the USA is Chinese manufactured stuff, >>> Japanese and German and Korean cars, and Saudi oil. We pay for it with >>> dollars, and they use the dollars to buy US government bonds, so we >>> get the appliances and cell phones and oil for free, for now, on >>> credit. Our domestic manufacturing capacity of course evaporates. >>> Sooner or later this process will crash. >>> >> >> The Chinese need our markets so they can keep their economy going. >> What are they going to sell if we quite buying their stuff? > > >The question is rapidly becoming "*Why* are they going to sell if we >keep paying with increasingly worthless pieces of paper?". > >If they demanded payment in full, what would our too cheaply bought >politicians do? > >As one example, I'm betting that Taiwan will be handed over to the >mainland, in part payment. Tibet's already been sacrificed. How do you figure that Tibet has been sacrificed? I don't remember owning it. Are you suggesting that we should go to war to "liberate" Tibet?
From: John Larkin on 10 Jul 2010 17:00
On Sat, 10 Jul 2010 15:57:23 -0500, "krw(a)att.bizzzzzzzzzzzz" <krw(a)att.bizzzzzzzzzzzz> wrote: >On Sat, 10 Jul 2010 09:35:31 -0700, John Larkin ><jjlarkin(a)highNOTlandTHIStechnologyPART.com> wrote: > >>On Sat, 10 Jul 2010 10:03:34 -0600, m II <c(a)in.the.hat> wrote: >> >>>Joerg wrote: >>> >>>> Out here the ultimate cat's meouw would be an all tricked-out truck with >>>> a huge engine, and where you need a ladder to get in. >>> >>> >>>4 X 4 = IQ for some of those people. I swear, they must be forced to >>>get a lobotomy before they can drive those things. They seem to be bent >>>on destroying nature with empty beer cans and quarter mile long >>>burn-outs through the bird nesting areas. >>> >>>They're the Archies of the automotive world. >>> >>>mike >> >>I love the names of these vehicles: Sierra, Tundra, Outback, Tahoe, >>Sequoia, Yukon, all the places they are designed to destroy. >> >>Blazer, n: forest clear-cutting device > >or "quite fast". "Burns vigorously." > >>Xterra, v: latin for "destroy the earth" > >or "out of this world" or "made out of dirt" John |