Recent content by mame

The majority of US debt is held by US institutions. China is actually a net seller of our debt last I checked.

lollllllllllllllllll

Spain had a surplus of ~2% of GDP heading into the 2008 financial crisis and held a smaller debt compared to GDP than Germany. My point? Debt isn't the problem. It's the monetary policy combined with harsh Austerity that's effectively destroyed the Spanish economy and hence caused the burden of...

I am probably on some list somewhere now but I saw that article and Obama was the first thing that came to mind lol

http://www.cnn.com/2012/06/10/world/africa/kenya-minister-killed/index.html?c=weekend-homepage-t Woooosh

Wisconsin is not in play. Obama is up by double digits there and the democratic candidate has won that state in every presidential race since 1984. Florida is a close-ish race with a slight edge in favor of Obama. NC is most likely red. VA doesn't matter. Obama wins Florida and the race is...

Too bad Eurozone policymakers are retarded... If the ecb and IMF were even semi competent this whole issue would've been resolved much sooner.

Oh noes!!!!

Win. ..........

Did you know that one of the countries being forced into austerity, Spain, actually had a budget surplus of 2% of GDP and a net debt of 27% of GDP in 2007 (for comparison germany had a 50% debt to gdp ratio and a .5% surplus)? This has little to do with socialism. Europes woes are tied to the...

And gold will drop when real interest rates sustain a trend towards positive (as opposed to negative) rates. As long as real rates are at or below zero, gold will remain high as far as I can tell.

You miss the point; Austerity is a self defeating policy.

Of course the Paulites will believe RP won this little "debate" hands down but that truth is that almost everything he said was wrong. On that note, the problem with debates is that there isn't ever any fact checking till after the fact... It's not really a venue that's very friendly to...

What are you going on about in here?

Yeah being a registered independent is weak. I changed to D for the first time so I could vote in primaries but I didn't anyway. I just did all the general election/local measures. Tbh I had forgotten I had switched my Party affiliation so when I thought I was finished voting and noticed all the...