i'm an expat living in japan. whenever i go to the atm for cash, it's like getting kicked in the balls. a 50000 yen withdrawal costs me over $650. it gets worse every passing day. i feel like i'm bleeding to death. my japanese friends go to the US with empty suitcases and buy a f*ckton of shit because the yen/dollar exchange rate is so great.
what a load of BS. Japanese forced to live in internet cafes?....err....thats what people who missed their last train and have gone out in tokyo do. its not where they live live. Its nowhere near as common as this presents
At least Japan is a fairly close ally of ours. What we have to watch out for is China. Btw, if we are willing to play the jerk, if we need a resource and energy, we could just take oil in Iraq. We were the ones that showed them its importance anyway. They didn't know the value of oil when we did. We could have been like, "you don't want this land with the bad climate and the disgusting goo in the ground. We'll buy it from you" We should have done that, cause look at the trouble they give us now.
@kakaze lol, no they didn't. We had to show them how to drill it and sell it. They weren't using it themselves. Look it up, we are the reason that they have that resource. Plus, i bet if China was the one to get there and discover it, they would have just taken it.
@Phatnaru0001 wtf? Just...what planet are you on kid? The Iraqis were fully aware of their oil wealth, their exploiting it was somewhat hampered by Sadaam and the embargo against him and all that sort of thing but they've been selling oil since long before the US came in.
And of course China wouldn't have just taken it. Even the US isn't able to do that, countries are expected to behave in a certain way.
@kakaze lol no they weren't. very few people knew the importance of oil when america first became a country, plus China wouldn't have been behaving badly as a county. They would have just been buying cheap land off of landowners who didn't understand the importance of it. We just took the high road and explained its importance in exchange for being trading partners instead of buying the land.
@Phatnaru0001 what? when america first became a country? what are you even talking about? You're on about deep history now not recent American involvment in Iraq?...as...well America had absolutely f.a to do with the beginnings of the oil industry in Iraq either. That was the Turks, Germans and Brits. Stop being thick please.
@kakaze lol why would you assume I was talking about recent times if i was talking about the when people were first discovering energy uses for oil? So obviously i was talking "deep history" the whole time. And, the Turks, Germans and Brits helped them begin their oil industry, but the US was the first to discover oil there and inform them. We could have just bought it and not told them. That is the secondary reason why the US, a country so far away became one of their first oil trade partners.
@m4nikm4ti Most Americans sadly, are debt slaves at the bottom of their banks' masters' pyramid scheme. And student loans' debts right now, EXCEEDED all credit card debts combined. At least Japan still grow and make things to export and earn incomes.
This decade is something we should be taking advantage of. We can't afford to sit back and watch the new world order destroy this country right in front of our face. The new world is not going to stop with their plans. This decade is too important for us to fall behind and my generation is too important to fall prey to the new world order in the near future. If the nwo stop my generation then it will be easy for them to stop the next generation after us. We can't afford to lose this decade.
We only have 4 more months left in 2011 and still we don't really have any progress. This isn't a game and nobody shouldn't take what I'm saying lightly. If you think things are bad now, just do nothing and wait and see how bad and how evil things will get within this decade and the next decade. Technology is advancing so fast that none us can keep up with it. The nwo works 24 hours around the clock everyday just so they can get world government.
No matter how anybody looks at it, it's going to be my generation that going to have to deal with all of the evil that the nwo has planned for this country and the rest of the world. We are going to be the last generation that knows what this country was like and what the world was like before the nwo destroyed everything and took over. We are the ones that is capable of stopping them but we have to be in the drivers seat in order for us to save this country and the rest of the world
Stop worrying so much about the oil, even if you've got so little domestic oil Canada is an energy super power that sells twice as much oil to the U.S. as Saudi Arabia does, and Mexico sells almost as much oil as the Saudis. Your neighbours have enough oil, and pipelines to the U.S., that America will be able to run tractors no problem by buying oil from them. You know they'll still be willing to sell, despite all this fear mongering a workforce of 300 million people can produce some stuff.
America is turning into the defeated version of every nation we've permitted our government to attack; the average American owns nothing. "Rich" Americans own very little--it's all quid pro quo among themselves. Our Immigration Department brings in people of hostile intent to eat and destroy what's left of us. Negativity? Nope, just objective observation. We need to grow up, or cease to exist as a named nation. Our only real enemy is in the mirror.
It is all part of the collapse of the population. The Japanese did NOT have a post-WWII baby boom. This happened for many reasons, not least being the deficit of men as so many were simply killed in the war. Those who returned were preoccupied w/ rebuilding an utterly ruined economy. The whole Western world will soon experience the same economic collapse as more people reach retirement age & don't have the young people under them to support them.
In regards to the television manufacturing quote around 7:00, Sony and other companies actually produce some of their products in China. Why is it that this is okay, but outsourcing in America is bad?
@td84 it's bad becuase you can't bypass or escape simple common sense if you give jobs away to other countrys there are less jobs here this is why ameica now is a economy of consumers not producers ,in 1930 we had the start of the depression in the middleof the industrial age lotsofproduction it lasted 11 yrs despite a drop od 10% in unemplyment it only ended with us jioning the 2nd worls war .1941 15% unemployed americans 1942 less than 4% .,this is why we need monry in the hands of americans
@zdogy1 Simple question, where will the countries actually spend the United States currency in?
You have to remember that during WW2 inflation was very high due to artificial employment and production by the government. High unemployment means there is not a enough supply of good people, with good ideas, and producing good things. Having the government step in and artificially hire people and create inflation is worse than shipping jobs overseas.
they need to get a narrator with a less irritating voice. this is why the youtube documentaries are hard to watch. A special, non annoying voice is hard to find.
The part about dumping treasuries was absolutely retarded. If you want to sell treasuries you have to have a buyer or the US buys back. if you sell before maturity the US buys back on the cheap. Which means the US got money for cheap. Unlike Greece and other countries the US has good fundamentals. Saudis sell and another group will buy on the cheap raising the price again. Money has to go somewhere. This was an academic hypothesis. Very little reality.
I love how these videos harp on how we avoid hyperinflation and the destruction of the US economy, but the NIA is such a capitalistic midset that they go against everything that they preach
You're an idiot, if you payed attention to the video you would realize that hyperinflation means that all your dollar will be worthless, saving any paper money at home vs the bank wont make a difference as all dollars will have no spending value, to really avoid hyper inflation you should do what the NIA suggests and buy gold and silver..... duh
and fuck all you right wing vampires bitching about entitlements....I thought the job of the country was supposed to take care of it's citizens.....why don't you ever talk about a third of taxes funding our bloated ultra corrupt military system.....just like that gop asshole who said he only felt it was right to help fund help for the tornado victims in missouri as long as we could recoup the money from some where else....let them eat cake while having guns with no butter I guess
@MMZen I guess thats the problem with america then... The job of the government is to protect the liberty of its citizens, nothing more, nothing less. This is basic constitutional principle.... Did they teach you that in school? Because that statement makes me sick "take care of"
@MMZen The Gov't's job is to protect your life and your rights, not to provide you with anything. I agree that the military is way too big and the GOP stubbornly refuses to shrink it.
also. IF we stop importing oil, they make it seem like it will be the end of the world for powering these farming machines. WRONG it's called........ BAM BIODIESEL BIOTCH!
@EpiDemic117 oh ya...and we will fly our military planes, ships, tanks, commercial jets , ships on biodiesel recycled Taco Bell oil...get a grip fool-we will always need oil
@HighMindedLunacy of course! we use taco bell oil, convert it to ethanol, It's a win win situation! we can also use tree bark for fuel as well. It's much cheaper than gasoline yet people don't do it! Why?
find many great ways to create your own online CASH COW . Check out cashcow.co.cc for all the ways that have worked for me so far. link to my blog at bigcashcow.blogspot.com for the newest money making and saving tips.
Actually Japanese are not living in internet cafe or closets because of their economy. (Currently) Some are living in internet cafe because they chose to, and what you have shown was not a closet, it was a cheap hotel for people who want a place to sleep at a cheap price.
Japanese currency might not be the most valuable in the world, but they are still number one in the world in some fields, which is interesting.
You need to learn more about Japanese cultures before making a video.
@Neosaigo Knowing someone's culture doesn't necessarily (if at all) give anybody creditably into commenting on their economy. Japan's economic setup is not perfect.
@buttercremehonda The Japanese are the most hard-working, practical and economical people in the world. They have the finest infrastructure, they have the third largest GDP in the world. Their cities are amazing, their public transport one of the most efficient in the world, they manage a huge population impressively, they invented Manga and other popular associated art ;) and their language is beautiful ad extremely practical. Sure, they have some debt, but they'll get over it.... hopefully.
2:10 so instead of staying when he needs help most the bitch wife & kids leave him. well that say it all. he should have just used her for some pussy and flushed her like the shit she is. she could have easily been replaced when he was on top, by any random bitch. the test of weather she was a good woman or not came when crunch time came and she couldnt hang. she failed miserably. i bet left and right nut that if he got back to where he was, she would c how much she 'loves him' again.
Very misleading video. Not only does the U.S. have some of the best agriculture in the world, we've got many of the best companies in the world. Who cares about Sony when you've got Cisco, Google, Apple, Coca-Cola, IBM, Intel. We've got corporations that are growing by leaps and bounds all over the world. Our close ally, Canada, has the 2nd largest reserves of oil in the world, and they are our ally. We have tons of Coal and technology. The US is still #1, and will be till the end of time.
watch collapse one and two to find out why anwar/ the canadian tar sands is irrelevant. the logics of net energy dont allow it. to put in retarded terms, would you spend 100 dollars to get 10 dollars? no? same logic applies. i could get into all of the other things you said but its been disproven so many times that it gets annoying repeating myself
1 i told you where i got it from, just cause you are too lazy to copy and paste the video i spelled out in the youtube search box, doesn't mean that i didn't back it up
2 who the fuck is 'everyone' whose time im supposedly wasting? how many of you one is there? unless im to understand that you are everyone. your the one that keeps coming back saying foolishness, youre the one wasting 'everyone's time'
Hey if you've got a roof over your head, clothes, food on your table, car in the drive-way, and you can worship the Lord in freedom, you've got a better life than most of the world.
japanese people are tough. They are survivors. I mean they can put up with living in closets and work in mcdonalds when they're in they're 70s. In america people would probably commit suicide in mass if that happened.
well we got social security and food stamps to help out the people in similar conditions as shown in this video. If social security or food stamps were voided then we would really have big problems on our hands. like what i said mass sucides.
i didn't say all entitlement programs are going to go on forever. At some point they're going to be voided. but in the mean time they provide a "safety net" for people and if that net breaks then hell breaks loose.
@MrHoppers002 even america can't have its cake and eat it too. things are definitely going to get worse before they get better. that's the true test of a nation bud
U.S. 4-star General Wesley Clark (Ret.), explains that the Bush Administration planned to take out 7 countries in 5 years: Iraq, Syria, Lebanon, Libya, Somalia, Sudan, Iran (2007 upto 2012)
/watch?v=bX7hMj2NKTc
"Japan’s government, threatened with more HAARP attacks, pays 60 trillion yen to Feds"
There are too many flaws in this video. The first one being that we don't actually need to be concerned with oil shipping our food. We could easily grow food in our yards. Second, its not entitlement spending that is killing us because we pay into those entitlements. NIA never speaks of military spending which is 700 billion. I we stop corps from shipping jobs and change our tax policies we would be fine. Who cares about gold and crap. You can't eat it. Move on NIA.
How many Americans can grow enough food for their families for the entire year in just their back yard?
All of the money that Americans paid into their entitlements were spent many years ago: There is no money lefted in Social Security.
To stop corporations from shipping jobs over seas you would have to return to ISOLATIONISM or else the jobs just go from China to India then to Mexico.
@deadbutmoving Wow... Really? Retarded. Any american can grow food in their backyard.... or in their urban settings.... Proof is in the pudding.... I lived in both the city and surburbs... I know people (including myself) who grew potatoes, fruits and vegetables on the roofs of apartment buildings..... I could buy squash and watermelon from my neighbor. Or simply trade for what they wanted as well.... You say Isolationism and I say so what? Oil is yesterdays battle.... enter the future.
@deadbutmoving Oh and for the other comment about who can grow their food all year round.... Try me... I have a greenhouse for the winter months. I can grow fish and fruits, vegetables and potatoes... I will be growing wheat and rice soon. All in my backyard.... Oh and by the way, I live in the mountains where it is very COLD.... So if I can do it anyone can.... Just look thru youtube to see how many people are already doing it....
Dude, I am a young single man who's not yet reached the finances to have the luxuries that you have. I live in and rent an apartment unit. If I tried to grow stuff on the landlord's roof he would kick me out. I'm not rich like you Enviromentalist who can afford big homes with back yards to plant gardens in. And I certainly can't afford a home in the remote mountains.
Get real, There are many more people who are in my situation than in yours.
@deadbutmoving So I guess your gonna tell me you can't grow potatoes and onions on your window seal either. Your landlord can't control that now can he? If you let your current situation hinder you from doing the things that make you independent, then its your own fault.
@deadbutmoving Lastly im a Black woman who was raised in a poor working class home. I know EXACTLY what it means not to have much. But how long can you use that as an excuse. Don't get me wrong young man. I understand that people need help out there and BELIEVE me I do my part... I'm pretty well off but I don't live like it cause its wasteful. I have a science degree, I am constantly coming up with ways to make my home a living structure that is self sustaining with little money.
@newave123456 grow food in your yards? Holy shit, you are nuts. but something which cannot be debated is USA's military spending. Gold has been the backbone of economies since centuries and it has never lost its price. if you convert your money into any currency you might not get the same amount if you convert it into your native currency after some time but in case of Gold you will get the same value.
@Silthouted Im nuts because I grow food in my backyard? So I guess every other neighbor in my suburb who grows food are crazy too. You are the nutty one if you wait on others to feed you. And who cares about gold. You cant eat gold. I hold no stock in anything that cannot be made into something I can eat, make tools from or shelter me. I don't even believe in saving money for anything other than aqcuisition. I believe in holding land, commodities and the like. You can keep your gold.
Arab nations' oil resource killed both Japan and America and they are still tirelessly digging into the toxic ditches. Japan should have the flexibility turning from the oil base techno-economy with their advance communication.
this f**king crazy....!!!! i mean America should wake up the F**k up! but base on my research, the billionaire people who holds America wants the America to fall, like the lost decade of japan or the great depression. then after that the America will start from scratch and rise up again like before..
"20-year “lost decade” in Japan" i read it again and i insist ,japan was only in recession 1 decade ,in the 90's ,under koizumi junichiro leadership ,japan economy had more growth and the recession was out,so i don't understand why some claim japan had 2 lost decades,the 2000-2009 was just a normal decade for japan ,sure not high growth like china,india or korea,but not a recession either,i don't see the japan of the last decade particularly bad to be in a lost decade
"two ecades ago, Japan attracted the frenzied admiration of the world. Yet far from becoming the global Number One, its economy has ... " oh please this sentence kill me i think the one who wrote it is ignorant ?please is obvoius why japan isn't the number 1,because the size ! duh !a middle sized country or small sized country like japan ,germany or korea even with their hardest can't surpass a big one in size and population like china or united states ,oh please is that thing ,understand!
the video raises an interesting question - will we or wont we go through the deflation that Japan experienced and why or why not? Right now it does look like deflation is a risk as housing prices have 2 more years to hit bottom. I didnt see any compelling explanation of why hyperinflation is in our future. There are huge cultural, government, and banking differences too, between us, Japan was in denial about zombie banks for 10 whole years, whereas we might be more open to admitting reality.
inside asia ,japan is yet a better place to live than most countries by farrrrrrrrrrr,the only comparable places in good life are 3 countries in the whole asia ; south korea , singapore and israel ,because even economies with high growth like china and india are still developing and in the case of china ,the censorship is strong ,japan and south korea are developed and free,and i can prefer live in them than in china
You don't want to live in Singapore. The country is under some form of martial law. you can not even buy chewing gum there. Shitty country. Taiwan is a better place.
@ycformosa Partially correct. I agree that Singapore is an island run by sadists and a haven for gamblers, but you can chew gum there so long as you act like a cow or spit it out onto the sidewalk. Hong Kong is a much more relaxed place than Taiwan for expats that come to Asia IMHO.
i must admit it,these days i oftet read more than in the past articles about the lost decade in japan,how japan are compared down in economic growth with other nations and other pessimistic things but what i think ? i still and love japan ,after japan is still a developed country,their cars are still popular,like their videogames and electronics and also they anime(animated shows) have more fans than the 80´s,japan even with low growth is still a better place to live than most countries
I just don't get you guys. You're so full of shit. This video says, "The US debt ponzi scheme will soon come to and end". Ya? Then where the hell you going to get this hyperinflation from, eh? If the debt is stopping, there's nothing to inflate. If it ends, it will end in deflation.
Neither GM or Ford US based operations make money. No not even Ford. I had lunch with the only Ford left at the company and Edsil actually bragged to me that they hire 32 Americans to build a car and Honda only hires 14 Japanese. I almost choked on my chitterlings;) true story except the chitterlings!
Has anyone done a report on walmart/lowes and that type retailer/wholesale club and it's impact on inflation or deflation? I fear that for up to three decades and the stiff competition for market share, it may have helped to hide a serious dollar problem.
One key element that nobody can predict - all of the history of currency devaluation occured to smaller nations (even Russia and Japan were small in size, influence and wealth by comparison). It has NEVER happened to a currency that formed the backbone of the world economy, and NEVER was that "bankrupt" nation able to feed and arm itself. There is no historical frame of reference for the country with the most food and biggest guns saying to the rest of the world: "Ooops; sorry. We messed up."
This video makes many great points, however, it also misses the mark in many ways. The US still is the largest manufacturer in the world, though every year our lead dwindles. The US is also the 3rd largest producer of oil in the world, we just consume more than we produce, and we could probably meet our fuel needs if we expanded drilling and research in alternative energies. The US has far more going for it than this video would lead you to believe. But we still need to address our budget.
@dafuckyouat, you have good points. Machines with post solar fossil fuel or slaves using current solar energy; i e Food. Either veg or meat is current solar. Is how we designed America. It isn't sustainable. If we start to use the post solar fuel to build wind, tide and solar panels and reduce our consumption to sustainable levels things will work out well. It's not that complicated really.
Anyone in office now can't fix anything. They broke it! Any parent that tells their kid that retirement is a good thing, that welfare should take place of charity, and that you never have to worry about your security or fire or health or your education b/c the government has your best interest at heart should be flogged. This philosophy has lead to the ruin of a once great nation. Get a little piece of farmland and some seeds and ride this one out in style.
I'm not even sure what the hell you're responding to since I didn't outline any proposals here. I'm going to pretend that I have just: Scarcity always means everyone ends off worse under whatever system it occurs under. Distribution is never good in a situation where something is scarce, genius, because there isn't enough for everyone. The only thing that makes scarcity worse is artifically low prices, something that capitalists are guilty of as well as socialists.
Japan has a lot going for it that we don't, for one thing its an island nation without the border and immigration problems we have, its people are homogenous and unified, we are a very diverse, divided, divergent country. Uncontrolled immigration adds another layer of complexity to this situation and it's a recipe for chaos when and if things go from bad to worse.
We're out saving and policing the world but can't even take care of business at home, sick!
@Armahx ... WRONG!! Immigration is a source of innovation look at the Doctors, Scientists, Engineers, Entrpreneurs you have who are immigrants, and at the other look at all the illegal immigrants who are willing to work at $1.50/hour picking tomatoes and lettuce, Immigration brings in much needed human capital as immigrants often do the jobs Americans cannot do, or will not do! You are right however that your foreign policy is wrong, but you only have to look at AIPAC and the Israel lobby.
@tdot22 Note, I said Ucontrolled immigration or another way to say it, negligent immigration enforcement. I'm all for legal immigration, the way its been is tantamount to an invasion for the last 15 years or so.
You can't pay people a living wage for farm workers in a developed country. At a liviing wage , labor costs would make fruits and vegetables at least $ 45 a pound. Profits would be non-existant. Capitalism needs slave labor whether it's from a human or a machine. If we didn't have fossil fuels, we'd still be using African slaves to this day.
It's a reliance on immigration that has allowed Americans to keep educational standards low, and people on welfare instead of picking tomatoes and lettuce. Innovation doesn't stay in the place it was made. If an innovation is made in a high-cost country like the U.S., the jobs created by it will eventually move to a country where the costs are lower and the workforce is more competitive. Americans are getting dumber and lazier and more dependant on foreigners thanks to people like you.
@DaFuckyouat .. well you & your government have decided to keep educational standards low so that you will believe everything you are told and won't be able to rationally analayze and question the BS that most Americans rehash ad nuaseaum. Let me furhter tell u you are going to need MORE immigration from Asia as Asians now have money and are willing to buy homes in the US, it is either ghost towns or townd filled with rich brown, olive, & yellow people, and it all comes back to ur FOREIGN POLICY
You're arguments are a prime example of what's wrong with globalization. There's too much foucs on foreign policy and not enough of a focus on domestic policy.
@tdot22 The only trouble is we are attracting immigrants that are low paid labor. I worked at a company that had PhD level programmers. It took them several years to get U.S. citizenship if they got it at all. In the meantime the government let 20k Somalians with no job skills come into the city where I lived at and gave amnesty to millions of Mexican illegal immigrants.
If the U.S. had no reserve currency status, it wouldn't be able to support its military and without the U.S. huge global military presense, Americans would drive alot less. America would resemble Russia or Brazil where all the wealthy people live in the cities and the poor people live in the suburbs. The U.S. military is the biggest single consumer of U.S. oil on Earth. America mantains its high standard of living through violence, not hard work. That is why Americans are complacent.
There is some good differences between the US and Japan. Japan's public debt is largely owned by Japanese while a large part of US public debt is owned by foreigners, particularly Chinese and Japanese. Japan still have around $1 Trillion reserve while America has around $62 billions reserve.
why some economists insist japan had 2 lost decades ? when a lost decade is when some country is in recession and japan had only 1 decade of recession , the 90's ,but in the 2000's japan was growing slowly but growing ,why ? why ? they are so pessimistic about japan ,please japan really had 1 lost decade ,even if aren't an economist ,i can understand that
Small republic built on civic virtue and principles of trust expands to world dominance, overstretches due to hubris, internal corruption, greed and disrespect for other cultures. It eventually falls under the weight of its own tax heavy state and is torn asunder by the hunger of foreign jackals who smell weakness.......Rome?
while its obvious the USA is over extending and printing money from nothing cannot last, as long as the dollar is the world reserve trusted currency and America has enough aircraft carriers and nuclear weapons as well as the best planes around, it seems unlikely her creditors will come knocking. it might be 50 to 100 years before the 'take what i print or die' policy completely loses its global value.
@Chaindorlo - US trade and manufacturing are related in US Dollars. Not that I think the US necessarily needs any more TVs, but using a figure of +30% for manufacturing in the US since the 1950's is a mug's game.
Japan didn;t have a lost decade in spite of government attempts to stimulate. They had a lost decade BECAUSE of the governments attempts to stimulate. They won't let failed companies go bankrupt
ok so what do I do with my 401k?
ihventura 1 week ago
i'm an expat living in japan. whenever i go to the atm for cash, it's like getting kicked in the balls. a 50000 yen withdrawal costs me over $650. it gets worse every passing day. i feel like i'm bleeding to death. my japanese friends go to the US with empty suitcases and buy a f*ckton of shit because the yen/dollar exchange rate is so great.
dogfight156 1 month ago
Well... America does have one thing everybody else would be interested in. Advanced military technology. That is, if they are willing to sell
SuperEpicWin 1 month ago
what a load of BS. Japanese forced to live in internet cafes?....err....thats what people who missed their last train and have gone out in tokyo do. its not where they live live. Its nowhere near as common as this presents
kakaze 4 months ago
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kakaze 4 months ago
At least Japan is a fairly close ally of ours. What we have to watch out for is China. Btw, if we are willing to play the jerk, if we need a resource and energy, we could just take oil in Iraq. We were the ones that showed them its importance anyway. They didn't know the value of oil when we did. We could have been like, "you don't want this land with the bad climate and the disgusting goo in the ground. We'll buy it from you" We should have done that, cause look at the trouble they give us now.
Phatnaru0001 5 months ago
@Phatnaru0001 You have gone FULL RETARD.
dragonforceforceforc 5 months ago
This has been flagged as spam show
@dragonforceforceforc ha! Why do you say that?
Phatnaru0001 5 months ago
@dragonforceforceforc You never go full retard. Want Proof? Ask Sean Penn, 2001, "I Am Sam".. Went full retard... Went home empty handed.
TumisHumis 5 months ago
@TumisHumis You have gone FULL RETARD.
dragonforceforceforc 5 months ago
@dragonforceforceforc You.
TumisHumis 5 months ago
@Phatnaru0001 funny but people said the same thing people say about China today in the 80s about Japan.
and what? Of course Iraq knew the importance of oil.
kakaze 4 months ago
@kakaze lol, no they didn't. We had to show them how to drill it and sell it. They weren't using it themselves. Look it up, we are the reason that they have that resource. Plus, i bet if China was the one to get there and discover it, they would have just taken it.
Phatnaru0001 4 months ago
@Phatnaru0001 wtf? Just...what planet are you on kid? The Iraqis were fully aware of their oil wealth, their exploiting it was somewhat hampered by Sadaam and the embargo against him and all that sort of thing but they've been selling oil since long before the US came in.
And of course China wouldn't have just taken it. Even the US isn't able to do that, countries are expected to behave in a certain way.
kakaze 4 months ago
@kakaze lol no they weren't. very few people knew the importance of oil when america first became a country, plus China wouldn't have been behaving badly as a county. They would have just been buying cheap land off of landowners who didn't understand the importance of it. We just took the high road and explained its importance in exchange for being trading partners instead of buying the land.
Phatnaru0001 4 months ago
@Phatnaru0001 what? when america first became a country? what are you even talking about? You're on about deep history now not recent American involvment in Iraq?...as...well America had absolutely f.a to do with the beginnings of the oil industry in Iraq either. That was the Turks, Germans and Brits. Stop being thick please.
kakaze 4 months ago
@kakaze lol why would you assume I was talking about recent times if i was talking about the when people were first discovering energy uses for oil? So obviously i was talking "deep history" the whole time. And, the Turks, Germans and Brits helped them begin their oil industry, but the US was the first to discover oil there and inform them. We could have just bought it and not told them. That is the secondary reason why the US, a country so far away became one of their first oil trade partners.
Phatnaru0001 4 months ago
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@Phatnaru0001 no they weren't. and it has no bearing on modern history
kakaze 4 months ago
I lived in Japan from 2002-2006 life in Japan was better than it is in America today.
dinamo4889 5 months ago
@dinamo4889 Well, thank god that Japan has high saving reserves. Otherwise things will get much worse after the economy bubble imploded.
ltmikepowell 4 months ago
@ltmikepowell what about americans? fkd!
m4nikm4ti 3 months ago in playlist Liked
@m4nikm4ti Most Americans sadly, are debt slaves at the bottom of their banks' masters' pyramid scheme. And student loans' debts right now, EXCEEDED all credit card debts combined. At least Japan still grow and make things to export and earn incomes.
ltmikepowell 3 months ago
4:36 Shinjuku station lol
dinamo4889 5 months ago
yeah u gotta have internet
unothisshit2010 6 months ago
japan? who gives a shet
mrspamer1 6 months ago
This decade is something we should be taking advantage of. We can't afford to sit back and watch the new world order destroy this country right in front of our face. The new world is not going to stop with their plans. This decade is too important for us to fall behind and my generation is too important to fall prey to the new world order in the near future. If the nwo stop my generation then it will be easy for them to stop the next generation after us. We can't afford to lose this decade.
hstone39 6 months ago
@hstone39
We only have 4 more months left in 2011 and still we don't really have any progress. This isn't a game and nobody shouldn't take what I'm saying lightly. If you think things are bad now, just do nothing and wait and see how bad and how evil things will get within this decade and the next decade. Technology is advancing so fast that none us can keep up with it. The nwo works 24 hours around the clock everyday just so they can get world government.
hstone39 6 months ago
@hstone39
No matter how anybody looks at it, it's going to be my generation that going to have to deal with all of the evil that the nwo has planned for this country and the rest of the world. We are going to be the last generation that knows what this country was like and what the world was like before the nwo destroyed everything and took over. We are the ones that is capable of stopping them but we have to be in the drivers seat in order for us to save this country and the rest of the world
hstone39 6 months ago
so what is NIA peddling here exactly , anyone been pitched yet from there website?
buckz55 6 months ago
Stop worrying so much about the oil, even if you've got so little domestic oil Canada is an energy super power that sells twice as much oil to the U.S. as Saudi Arabia does, and Mexico sells almost as much oil as the Saudis. Your neighbours have enough oil, and pipelines to the U.S., that America will be able to run tractors no problem by buying oil from them. You know they'll still be willing to sell, despite all this fear mongering a workforce of 300 million people can produce some stuff.
Mehtaphorical 7 months ago
America is turning into the defeated version of every nation we've permitted our government to attack; the average American owns nothing. "Rich" Americans own very little--it's all quid pro quo among themselves. Our Immigration Department brings in people of hostile intent to eat and destroy what's left of us. Negativity? Nope, just objective observation. We need to grow up, or cease to exist as a named nation. Our only real enemy is in the mirror.
buzzclick500 7 months ago 2
@buzzclick500 And our only ally is Revolution.
DemiGod251 7 months ago
Our government borrows money from people it hates, and it hates EVERYBODY--especially US, its true masters.
buzzclick500 7 months ago
@honolulou100 : Pride goes before a fall.
buzzclick500 7 months ago
It is all part of the collapse of the population. The Japanese did NOT have a post-WWII baby boom. This happened for many reasons, not least being the deficit of men as so many were simply killed in the war. Those who returned were preoccupied w/ rebuilding an utterly ruined economy. The whole Western world will soon experience the same economic collapse as more people reach retirement age & don't have the young people under them to support them.
VictorLepanto 7 months ago
@honolulou100 America is not as exceptional as you may think. Pride cometh before the fall...
Spudst3r 7 months ago
@honolulou100 Lol, you be trollin'.
RazielFallenAngel 7 months ago 2
In regards to the television manufacturing quote around 7:00, Sony and other companies actually produce some of their products in China. Why is it that this is okay, but outsourcing in America is bad?
td84 8 months ago
@td84 it's bad becuase you can't bypass or escape simple common sense if you give jobs away to other countrys there are less jobs here this is why ameica now is a economy of consumers not producers ,in 1930 we had the start of the depression in the middleof the industrial age lotsofproduction it lasted 11 yrs despite a drop od 10% in unemplyment it only ended with us jioning the 2nd worls war .1941 15% unemployed americans 1942 less than 4% .,this is why we need monry in the hands of americans
zdogy1 8 months ago
@zdogy1 my freaking key board sorry for the typos i hit buttons and nothing plus my spce bar sometimes doesnt do anything
zdogy1 8 months ago
@zdogy1 Simple question, where will the countries actually spend the United States currency in?
You have to remember that during WW2 inflation was very high due to artificial employment and production by the government. High unemployment means there is not a enough supply of good people, with good ideas, and producing good things. Having the government step in and artificially hire people and create inflation is worse than shipping jobs overseas.
td84 8 months ago
they need to get a narrator with a less irritating voice. this is why the youtube documentaries are hard to watch. A special, non annoying voice is hard to find.
Floodlezoot 8 months ago
thats a shame for the united states at least youve still got disney
nakem2011 8 months ago
The part about dumping treasuries was absolutely retarded. If you want to sell treasuries you have to have a buyer or the US buys back. if you sell before maturity the US buys back on the cheap. Which means the US got money for cheap. Unlike Greece and other countries the US has good fundamentals. Saudis sell and another group will buy on the cheap raising the price again. Money has to go somewhere. This was an academic hypothesis. Very little reality.
japanupe1911 8 months ago
Why does the graph shown at 10:30 NOT include commitments to military spending such as those made from 2003???
Mattheoism 8 months ago
NIA co-founder admits NIA a FRAUD???
Judge for yourself.
v=XYOclEsKHtc&feature=channel_video_title
noformstyle 8 months ago 2
I love how these videos harp on how we avoid hyperinflation and the destruction of the US economy, but the NIA is such a capitalistic midset that they go against everything that they preach
michealroboto 8 months ago
@stephenbhola
You're an idiot, if you payed attention to the video you would realize that hyperinflation means that all your dollar will be worthless, saving any paper money at home vs the bank wont make a difference as all dollars will have no spending value, to really avoid hyper inflation you should do what the NIA suggests and buy gold and silver..... duh
DarkePacific 8 months ago
and fuck all you right wing vampires bitching about entitlements....I thought the job of the country was supposed to take care of it's citizens.....why don't you ever talk about a third of taxes funding our bloated ultra corrupt military system.....just like that gop asshole who said he only felt it was right to help fund help for the tornado victims in missouri as long as we could recoup the money from some where else....let them eat cake while having guns with no butter I guess
MMZen 8 months ago
@MMZen I guess thats the problem with america then... The job of the government is to protect the liberty of its citizens, nothing more, nothing less. This is basic constitutional principle.... Did they teach you that in school? Because that statement makes me sick "take care of"
TheOnlyexisting 8 months ago
@MMZen The Gov't's job is to protect your life and your rights, not to provide you with anything. I agree that the military is way too big and the GOP stubbornly refuses to shrink it.
1974wolfman 5 months ago
toyota uses illegal immigrant sweat shop labor imported from China and Vietnam, that's why they can turn a profit.
MMZen 8 months ago
@MMZen no Ford does that Fusion made in Mexico Toyota builds Camry in Kentucky
TheVideo5094 8 months ago
also. IF we stop importing oil, they make it seem like it will be the end of the world for powering these farming machines. WRONG it's called........ BAM BIODIESEL BIOTCH!
EpiDemic117 8 months ago
@EpiDemic117 oh ya...and we will fly our military planes, ships, tanks, commercial jets , ships on biodiesel recycled Taco Bell oil...get a grip fool-we will always need oil
HighMindedLunacy 8 months ago
@HighMindedLunacy of course! we use taco bell oil, convert it to ethanol, It's a win win situation! we can also use tree bark for fuel as well. It's much cheaper than gasoline yet people don't do it! Why?
EpiDemic117 8 months ago
@HighMindedLunacy we don't need oil, people just think they do, that's why they use it. Because they are insecure about using alternate fuels.
EpiDemic117 8 months ago
For the last time. FORD DID NOT NEED A BAILOUT! only gm! god damn this vid is flawed.
EpiDemic117 8 months ago
President of Japan?! LOL, It's an Empire!
nokonoko90 8 months ago
inflation.us is selling fucking gold and silver coins another scam
trokut777 8 months ago
umm...ford didnt take a bailout?
JustinCase10261 9 months ago
@JustinCase10261 nope
steve89803 9 months ago
@wecareworld he said "precedent" not president.
pilamcnu 9 months ago
This has been flagged as spam show
find many great ways to create your own online CASH COW . Check out cashcow.co.cc for all the ways that have worked for me so far. link to my blog at bigcashcow.blogspot.com for the newest money making and saving tips.
shadough4747 9 months ago
Actually Japanese are not living in internet cafe or closets because of their economy. (Currently) Some are living in internet cafe because they chose to, and what you have shown was not a closet, it was a cheap hotel for people who want a place to sleep at a cheap price.
Japanese currency might not be the most valuable in the world, but they are still number one in the world in some fields, which is interesting.
You need to learn more about Japanese cultures before making a video.
Neosaigo 9 months ago
@Neosaigo Knowing someone's culture doesn't necessarily (if at all) give anybody creditably into commenting on their economy. Japan's economic setup is not perfect.
randomdude5640 8 months ago
the west coast is actually slowly moving towards the east. in about 100 million years amercians will be Japanese!
SuperMicklovin 9 months ago
If you want to stop this from happening.... or get through it
VOTE FOR RON PAUL IN 2012!!!!!
moose423 9 months ago
Go Japan.
Vahtacen 9 months ago
@Vahtacen you left out "to hell" in the middle
buttercremehonda 9 months ago
@buttercremehonda whaaa--???!!! Japan is the best country.
Vahtacen 9 months ago
@Vahtacen yeah if you're a mark for the japs
buttercremehonda 9 months ago
@buttercremehonda The Japanese are the most hard-working, practical and economical people in the world. They have the finest infrastructure, they have the third largest GDP in the world. Their cities are amazing, their public transport one of the most efficient in the world, they manage a huge population impressively, they invented Manga and other popular associated art ;) and their language is beautiful ad extremely practical. Sure, they have some debt, but they'll get over it.... hopefully.
Vahtacen 9 months ago
@Vahtacen Yeah I'm sure being flooded by a massive wall of water has done nothing to effect their economy.
MRKetter81 9 months ago
@Vahtacen Yes, they were hit by an extreme natural disaster, but they'll persevere.
Vahtacen 9 months ago
This is the future for all of the West. Our politicians are killing us w/ their "care."
VictorLepanto 9 months ago
2:10 so instead of staying when he needs help most the bitch wife & kids leave him. well that say it all. he should have just used her for some pussy and flushed her like the shit she is. she could have easily been replaced when he was on top, by any random bitch. the test of weather she was a good woman or not came when crunch time came and she couldnt hang. she failed miserably. i bet left and right nut that if he got back to where he was, she would c how much she 'loves him' again.
TENNSUMITSUMA 9 months ago
Very misleading video. Not only does the U.S. have some of the best agriculture in the world, we've got many of the best companies in the world. Who cares about Sony when you've got Cisco, Google, Apple, Coca-Cola, IBM, Intel. We've got corporations that are growing by leaps and bounds all over the world. Our close ally, Canada, has the 2nd largest reserves of oil in the world, and they are our ally. We have tons of Coal and technology. The US is still #1, and will be till the end of time.
HermannTheGreat 9 months ago
@HermannTheGreat
watch collapse one and two to find out why anwar/ the canadian tar sands is irrelevant. the logics of net energy dont allow it. to put in retarded terms, would you spend 100 dollars to get 10 dollars? no? same logic applies. i could get into all of the other things you said but its been disproven so many times that it gets annoying repeating myself
TENNSUMITSUMA 9 months ago
@TENNSUMITSUMA What research or articles did you read to come to that conclusion?
HermannTheGreat 9 months ago
@HermannTheGreat
how the fuck did you reply without reading what i wrote? i said 'watch collapse one and two'
TENNSUMITSUMA 9 months ago
@TENNSUMITSUMA You made a statement, so back it up with facts or stop wasting everyone's time, you have the burden of proof.
HermannTheGreat 9 months ago
@HermannTheGreat
1 i told you where i got it from, just cause you are too lazy to copy and paste the video i spelled out in the youtube search box, doesn't mean that i didn't back it up
2 who the fuck is 'everyone' whose time im supposedly wasting? how many of you one is there? unless im to understand that you are everyone. your the one that keeps coming back saying foolishness, youre the one wasting 'everyone's time'
3 i dont have the burden of anything.
TENNSUMITSUMA 9 months ago
Hey if you've got a roof over your head, clothes, food on your table, car in the drive-way, and you can worship the Lord in freedom, you've got a better life than most of the world.
HermannTheGreat 9 months ago
Your an idiot if you buy into NIA conspiracy. Just keep feeding them your money on their "supply kits"
NOLArapper 9 months ago
japanese people are tough. They are survivors. I mean they can put up with living in closets and work in mcdonalds when they're in they're 70s. In america people would probably commit suicide in mass if that happened.
MrHoppers002 9 months ago
@MrHoppers002 well i guess we're about to find out aren't we?
buttercremehonda 9 months ago
well we got social security and food stamps to help out the people in similar conditions as shown in this video. If social security or food stamps were voided then we would really have big problems on our hands. like what i said mass sucides.
MrHoppers002 9 months ago
@MrHoppers002 who said those and every other federal countermeasure won't be voided?
buttercremehonda 9 months ago
i didn't say all entitlement programs are going to go on forever. At some point they're going to be voided. but in the mean time they provide a "safety net" for people and if that net breaks then hell breaks loose.
MrHoppers002 9 months ago
@MrHoppers002 even america can't have its cake and eat it too. things are definitely going to get worse before they get better. that's the true test of a nation bud
buttercremehonda 9 months ago
yes. i hope i'm not around to find out.
MrHoppers002 9 months ago
Pack it up, move along
Shuffle down, herded throng
Add a cadence you’ve got a song
A three ring circus ‘bout what’s going on
None of which appeal real strong
Make the pitch, nose grows long
Shuffle down, herded throng
Pack it up, move along
thepoeticpundit 10 months ago
If you think gold isnt a comiodity ur nuts
afrikanconnection 10 months ago
This has been flagged as spam show
U.S. 4-star General Wesley Clark (Ret.), explains that the Bush Administration planned to take out 7 countries in 5 years: Iraq, Syria, Lebanon, Libya, Somalia, Sudan, Iran (2007 upto 2012)
/watch?v=bX7hMj2NKTc
"Japan’s government, threatened with more HAARP attacks, pays 60 trillion yen to Feds"
eclinik. wordpress. com/vital-issues/ben-fulford/japan%E2%80%99s-government-threatened-with-more-haarp-attacks-pays-60-trillion-yen-to-feds/
USFullOfLies 10 months ago
Comment removed
LazyOtaku 10 months ago
There are too many flaws in this video. The first one being that we don't actually need to be concerned with oil shipping our food. We could easily grow food in our yards. Second, its not entitlement spending that is killing us because we pay into those entitlements. NIA never speaks of military spending which is 700 billion. I we stop corps from shipping jobs and change our tax policies we would be fine. Who cares about gold and crap. You can't eat it. Move on NIA.
newave123456 11 months ago
@newave123456
Your comment is retarted in so many ways:
How many Americans can grow enough food for their families for the entire year in just their back yard?
All of the money that Americans paid into their entitlements were spent many years ago: There is no money lefted in Social Security.
To stop corporations from shipping jobs over seas you would have to return to ISOLATIONISM or else the jobs just go from China to India then to Mexico.
deadbutmoving 10 months ago
@deadbutmoving Wow... Really? Retarded. Any american can grow food in their backyard.... or in their urban settings.... Proof is in the pudding.... I lived in both the city and surburbs... I know people (including myself) who grew potatoes, fruits and vegetables on the roofs of apartment buildings..... I could buy squash and watermelon from my neighbor. Or simply trade for what they wanted as well.... You say Isolationism and I say so what? Oil is yesterdays battle.... enter the future.
newave123456 10 months ago
@deadbutmoving Oh and for the other comment about who can grow their food all year round.... Try me... I have a greenhouse for the winter months. I can grow fish and fruits, vegetables and potatoes... I will be growing wheat and rice soon. All in my backyard.... Oh and by the way, I live in the mountains where it is very COLD.... So if I can do it anyone can.... Just look thru youtube to see how many people are already doing it....
newave123456 10 months ago
@newave123456
Dude, I am a young single man who's not yet reached the finances to have the luxuries that you have. I live in and rent an apartment unit. If I tried to grow stuff on the landlord's roof he would kick me out. I'm not rich like you Enviromentalist who can afford big homes with back yards to plant gardens in. And I certainly can't afford a home in the remote mountains.
Get real, There are many more people who are in my situation than in yours.
deadbutmoving 10 months ago
@deadbutmoving So I guess your gonna tell me you can't grow potatoes and onions on your window seal either. Your landlord can't control that now can he? If you let your current situation hinder you from doing the things that make you independent, then its your own fault.
newave123456 10 months ago
@deadbutmoving Lastly im a Black woman who was raised in a poor working class home. I know EXACTLY what it means not to have much. But how long can you use that as an excuse. Don't get me wrong young man. I understand that people need help out there and BELIEVE me I do my part... I'm pretty well off but I don't live like it cause its wasteful. I have a science degree, I am constantly coming up with ways to make my home a living structure that is self sustaining with little money.
newave123456 10 months ago
@newave123456 grow food in your yards? Holy shit, you are nuts. but something which cannot be debated is USA's military spending. Gold has been the backbone of economies since centuries and it has never lost its price. if you convert your money into any currency you might not get the same amount if you convert it into your native currency after some time but in case of Gold you will get the same value.
Silthouted 10 months ago
@Silthouted Im nuts because I grow food in my backyard? So I guess every other neighbor in my suburb who grows food are crazy too. You are the nutty one if you wait on others to feed you. And who cares about gold. You cant eat gold. I hold no stock in anything that cannot be made into something I can eat, make tools from or shelter me. I don't even believe in saving money for anything other than aqcuisition. I believe in holding land, commodities and the like. You can keep your gold.
newave123456 10 months ago 2
I loled when car companies got brought into this. :P fanboy narrator ftw.
That was a VERY one sided comparison though in terms of the companies. Vizio is American :P. We make TVs too.
randomdude5640 11 months ago
so basicly I should spend all money money on hookers and blow because my dollars in the bank are going to be worthless
ok sounds good
gonadcancervictim 11 months ago
We're Americans, we adapt. It's often at the last minute but we do adapt and we will.
jackgoldman1 11 months ago
Japans lost decade = their decade of best cars.
Skyline, Silvia, Supra, RX-7, NSX, GTO.
rantarave 1 year ago
Someone better tell President Obama how his tummy is fed
v19d 1 year ago
@ 2:17 Damn. I feel sorry him.
TheMEK3 1 year ago
Arab nations' oil resource killed both Japan and America and they are still tirelessly digging into the toxic ditches. Japan should have the flexibility turning from the oil base techno-economy with their advance communication.
beancube2010 1 year ago
inflation is meaningless when people can't pay it.
inflated prices will only mean fewer sales.
azkeyz 1 year ago
this f**king crazy....!!!! i mean America should wake up the F**k up! but base on my research, the billionaire people who holds America wants the America to fall, like the lost decade of japan or the great depression. then after that the America will start from scratch and rise up again like before..
ieon 1 year ago
I don't believe Japan's woe was inflation.
baigandine 1 year ago
"20-year “lost decade” in Japan" i read it again and i insist ,japan was only in recession 1 decade ,in the 90's ,under koizumi junichiro leadership ,japan economy had more growth and the recession was out,so i don't understand why some claim japan had 2 lost decades,the 2000-2009 was just a normal decade for japan ,sure not high growth like china,india or korea,but not a recession either,i don't see the japan of the last decade particularly bad to be in a lost decade
KYONSUZUMIYA1 1 year ago
When did this air on television?
withlove312 1 year ago
"two ecades ago, Japan attracted the frenzied admiration of the world. Yet far from becoming the global Number One, its economy has ... " oh please this sentence kill me i think the one who wrote it is ignorant ?please is obvoius why japan isn't the number 1,because the size ! duh !a middle sized country or small sized country like japan ,germany or korea even with their hardest can't surpass a big one in size and population like china or united states ,oh please is that thing ,understand!
KYONSUZUMIYA1 1 year ago
the video raises an interesting question - will we or wont we go through the deflation that Japan experienced and why or why not? Right now it does look like deflation is a risk as housing prices have 2 more years to hit bottom. I didnt see any compelling explanation of why hyperinflation is in our future. There are huge cultural, government, and banking differences too, between us, Japan was in denial about zombie banks for 10 whole years, whereas we might be more open to admitting reality.
pn2543 1 year ago
inside asia ,japan is yet a better place to live than most countries by farrrrrrrrrrr,the only comparable places in good life are 3 countries in the whole asia ; south korea , singapore and israel ,because even economies with high growth like china and india are still developing and in the case of china ,the censorship is strong ,japan and south korea are developed and free,and i can prefer live in them than in china
KYONSUZUMIYA1 1 year ago
@KYONSUZUMIYA1
You don't want to live in Singapore. The country is under some form of martial law. you can not even buy chewing gum there. Shitty country. Taiwan is a better place.
ycformosa 1 year ago
@ycformosa Partially correct. I agree that Singapore is an island run by sadists and a haven for gamblers, but you can chew gum there so long as you act like a cow or spit it out onto the sidewalk. Hong Kong is a much more relaxed place than Taiwan for expats that come to Asia IMHO.
buttercremehonda 9 months ago
i must admit it,these days i oftet read more than in the past articles about the lost decade in japan,how japan are compared down in economic growth with other nations and other pessimistic things but what i think ? i still and love japan ,after japan is still a developed country,their cars are still popular,like their videogames and electronics and also they anime(animated shows) have more fans than the 80´s,japan even with low growth is still a better place to live than most countries
KYONSUZUMIYA1 1 year ago
Hyper,Hyper ;-).
hopsala1 1 year ago
I just don't get you guys. You're so full of shit. This video says, "The US debt ponzi scheme will soon come to and end". Ya? Then where the hell you going to get this hyperinflation from, eh? If the debt is stopping, there's nothing to inflate. If it ends, it will end in deflation.
bweazel 1 year ago
Okay, I happen to agree with you, but aren't you biased? I mean your NAME is the INFLATION assoc. Are you going to predict anything other than that?
SingleSpiral 1 year ago
Neither GM or Ford US based operations make money. No not even Ford. I had lunch with the only Ford left at the company and Edsil actually bragged to me that they hire 32 Americans to build a car and Honda only hires 14 Japanese. I almost choked on my chitterlings;) true story except the chitterlings!
biospharms 1 year ago
The U.S. Auto Bail Out in 2009 broke down as $24.9 billion for GM & Chrysler,
$6 billion for GMAC
$1 Billion for Chrysler Financial.
NONE FOR FORD per the video statement at 07:01 that GM and Ford avoided collapse by Government bail out monies.
I remember Ford specifically saying they needed no money.
plunk52o 1 year ago
Has anyone done a report on walmart/lowes and that type retailer/wholesale club and it's impact on inflation or deflation? I fear that for up to three decades and the stiff competition for market share, it may have helped to hide a serious dollar problem.
biospharms 1 year ago
One key element that nobody can predict - all of the history of currency devaluation occured to smaller nations (even Russia and Japan were small in size, influence and wealth by comparison). It has NEVER happened to a currency that formed the backbone of the world economy, and NEVER was that "bankrupt" nation able to feed and arm itself. There is no historical frame of reference for the country with the most food and biggest guns saying to the rest of the world: "Ooops; sorry. We messed up."
fredmay22 1 year ago
This video makes many great points, however, it also misses the mark in many ways. The US still is the largest manufacturer in the world, though every year our lead dwindles. The US is also the 3rd largest producer of oil in the world, we just consume more than we produce, and we could probably meet our fuel needs if we expanded drilling and research in alternative energies. The US has far more going for it than this video would lead you to believe. But we still need to address our budget.
mortekami 1 year ago
@dafuckyouat, you have good points. Machines with post solar fossil fuel or slaves using current solar energy; i e Food. Either veg or meat is current solar. Is how we designed America. It isn't sustainable. If we start to use the post solar fuel to build wind, tide and solar panels and reduce our consumption to sustainable levels things will work out well. It's not that complicated really.
biospharms 1 year ago
Anyone in office now can't fix anything. They broke it! Any parent that tells their kid that retirement is a good thing, that welfare should take place of charity, and that you never have to worry about your security or fire or health or your education b/c the government has your best interest at heart should be flogged. This philosophy has lead to the ruin of a once great nation. Get a little piece of farmland and some seeds and ride this one out in style.
biospharms 1 year ago
Is it better to live in Europe?
edwardwills 1 year ago
@TheQuestioner132
I'm not even sure what the hell you're responding to since I didn't outline any proposals here. I'm going to pretend that I have just: Scarcity always means everyone ends off worse under whatever system it occurs under. Distribution is never good in a situation where something is scarce, genius, because there isn't enough for everyone. The only thing that makes scarcity worse is artifically low prices, something that capitalists are guilty of as well as socialists.
DaFuckyouat 1 year ago
notice how George uses a slow hypnotic NLP voice tone to draw and seduce the audience.
mrzack888 1 year ago
Ford had no BAILOUT!!!!!!!!!!!
whobrown 1 year ago
@whobrown This is what I remember as well!
plunk52o 1 year ago
The #1 largest single creditor of US debt is China. Japan was #2, but was beat out by the FED. The private FED will move to the top slot very soon.
prayfortruejustice 1 year ago
you dumb fking idiot. USA won't have a chance of importing TV's !! There were the fcuk will Japan sell their TVs. Idiot.
humanoid76 1 year ago
@humanoid76 They can sell them to Asia that is booming and with rising currencies they can afford them easier.
ih8ronpaulh8ers 1 year ago
Japan has a lot going for it that we don't, for one thing its an island nation without the border and immigration problems we have, its people are homogenous and unified, we are a very diverse, divided, divergent country. Uncontrolled immigration adds another layer of complexity to this situation and it's a recipe for chaos when and if things go from bad to worse.
We're out saving and policing the world but can't even take care of business at home, sick!
Armahx 1 year ago
@Armahx ... WRONG!! Immigration is a source of innovation look at the Doctors, Scientists, Engineers, Entrpreneurs you have who are immigrants, and at the other look at all the illegal immigrants who are willing to work at $1.50/hour picking tomatoes and lettuce, Immigration brings in much needed human capital as immigrants often do the jobs Americans cannot do, or will not do! You are right however that your foreign policy is wrong, but you only have to look at AIPAC and the Israel lobby.
tdot22 1 year ago
@tdot22 Note, I said Ucontrolled immigration or another way to say it, negligent immigration enforcement. I'm all for legal immigration, the way its been is tantamount to an invasion for the last 15 years or so.
Armahx 1 year ago
@tdot22 Also if they were not illegal immigrants, they would get paid a just wage!!!
1.50 an hour is slave labor thats awful. The employers need to be arrested and or fined asap!!!
Armahx 1 year ago
You can't pay people a living wage for farm workers in a developed country. At a liviing wage , labor costs would make fruits and vegetables at least $ 45 a pound. Profits would be non-existant. Capitalism needs slave labor whether it's from a human or a machine. If we didn't have fossil fuels, we'd still be using African slaves to this day.
DaFuckyouat 1 year ago
It's a reliance on immigration that has allowed Americans to keep educational standards low, and people on welfare instead of picking tomatoes and lettuce. Innovation doesn't stay in the place it was made. If an innovation is made in a high-cost country like the U.S., the jobs created by it will eventually move to a country where the costs are lower and the workforce is more competitive. Americans are getting dumber and lazier and more dependant on foreigners thanks to people like you.
DaFuckyouat 1 year ago
@DaFuckyouat .. well you & your government have decided to keep educational standards low so that you will believe everything you are told and won't be able to rationally analayze and question the BS that most Americans rehash ad nuaseaum. Let me furhter tell u you are going to need MORE immigration from Asia as Asians now have money and are willing to buy homes in the US, it is either ghost towns or townd filled with rich brown, olive, & yellow people, and it all comes back to ur FOREIGN POLICY
tdot22 1 year ago
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DaFuckyouat 1 year ago
@DaFuckyouat ... your right, If America minds it's own business I can say half your problems will evaporate
tdot22 1 year ago
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You're arguments are a prime example of what's wrong with globalization. There's too much foucs on foreign policy and not enough of a focus on domestic policy.
DaFuckyouat 1 year ago
@tdot22 The only trouble is we are attracting immigrants that are low paid labor. I worked at a company that had PhD level programmers. It took them several years to get U.S. citizenship if they got it at all. In the meantime the government let 20k Somalians with no job skills come into the city where I lived at and gave amnesty to millions of Mexican illegal immigrants.
z2153 1 year ago
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DaFuckyouat 1 year ago
If the U.S. had no reserve currency status, it wouldn't be able to support its military and without the U.S. huge global military presense, Americans would drive alot less. America would resemble Russia or Brazil where all the wealthy people live in the cities and the poor people live in the suburbs. The U.S. military is the biggest single consumer of U.S. oil on Earth. America mantains its high standard of living through violence, not hard work. That is why Americans are complacent.
DaFuckyouat 1 year ago
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DaFuckyouat 1 year ago
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DaFuckyouat 1 year ago
There is some good differences between the US and Japan. Japan's public debt is largely owned by Japanese while a large part of US public debt is owned by foreigners, particularly Chinese and Japanese. Japan still have around $1 Trillion reserve while America has around $62 billions reserve.
RoniCMaster 1 year ago
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salma4621 1 year ago
Not to mention GDP is artificially high, meaning that anything divided by GDP will be artificially low.
TheTubeTimeMaster1 1 year ago
Deflation? But I like my beef bowls at 2.50 yen!
kurumayala 1 year ago
why some economists insist japan had 2 lost decades ? when a lost decade is when some country is in recession and japan had only 1 decade of recession , the 90's ,but in the 2000's japan was growing slowly but growing ,why ? why ? they are so pessimistic about japan ,please japan really had 1 lost decade ,even if aren't an economist ,i can understand that
KYONSUZUMIYA1 1 year ago
@KYONSUZUMIYA1 they're just jealous, that's all. just ignore them
salma4621 1 year ago
Small republic built on civic virtue and principles of trust expands to world dominance, overstretches due to hubris, internal corruption, greed and disrespect for other cultures. It eventually falls under the weight of its own tax heavy state and is torn asunder by the hunger of foreign jackals who smell weakness.......Rome?
greybadger 1 year ago
while its obvious the USA is over extending and printing money from nothing cannot last, as long as the dollar is the world reserve trusted currency and America has enough aircraft carriers and nuclear weapons as well as the best planes around, it seems unlikely her creditors will come knocking. it might be 50 to 100 years before the 'take what i print or die' policy completely loses its global value.
greybadger 1 year ago
japan and china are the future!!
kadeem121 1 year ago
@Chaindorlo - US trade and manufacturing are related in US Dollars. Not that I think the US necessarily needs any more TVs, but using a figure of +30% for manufacturing in the US since the 1950's is a mug's game.
lifesabeachnj 1 year ago
Japan didn;t have a lost decade in spite of government attempts to stimulate. They had a lost decade BECAUSE of the governments attempts to stimulate. They won't let failed companies go bankrupt
psw003 1 year ago 2