Chinese Military Says US Launched Global War To Bring Down China, Promises Retaliation - Polidicks

[QUOTE=Unnamed US Military official;31625806]If you shut down our power grid, maybe we will put a missile down one of your smokestacks[/QUOTE] Best threat to another nation ever.

[QUOTE=s0beit;31644086]Please explain how blowing up tanks made of steel, shooting bullets made of lead, killing people, blowing up buildings is good for the world economy. What you need to do is envision war expenditures as general resources. How many houses does it cost to build a tank? How many iPads did it take to build the nuclear bomb and for that matter, how many skyscrapers were destroyed in the bombing of Hiroshima and Nagasaki? Tell me, why didn't we just maintain war spending after World War 2, since it was so good for the economy? Tell me also, why after the war despite all predictions to the contrary by economists who advanced the opinion that World War 2 ended the depression, we had the most robust period of growth in the history of the United States after the war spending ended. Just increasing "employment" and "production" is meaningless if they're creating the wrong things, they're even worse than meaningless if they're actively destroying resources. I suggest you discover the 'broken window fallacy' and alternate views of the events that transpired during the Great Depression and World War 2 before regurgitating the falsehoods you picked up from god knows where.[/QUOTE] Well it worked so argue against it all you like, it happened, I didn't spend an entire year studying the subject having that drilled into my head for nothing. Also I said it got the US out of the great depression. Then they also got a boost after the war as they sold products the Europe.

[QUOTE=carcarcargo;31645368]Well it worked so argue against it all you like, it happened, I didn't spend an entire year studying the subject having that drilled into my head for nothing. Also I said it got the US out of the great depression. Then they also got a boost after the war as they sold products the Europe.[/QUOTE] You're lying. If you studied the Economics and History of the U.S. prior, during, and after WW2 you'd have realized that what you just said is full of shit. The reason the economy rebounded prior and during the Second World War was due to the New Deal policies Roosevelt put forward in the years right after the Great Depression, NOT the vast increase in military production during WW2. it also had to do a lot with the Gold Standard being revised/reduced/removed in various parts of the world but that's a different discussion. The way yu're describing it is as if the War magically fixed all of America's economic problems; it didn't.

[QUOTE=Madman_Andre;31645636]You're lying. If you studied the Economics and History of the U.S. prior, during, and after WW2 you'd have realized that what you just said is full of shit.[/QUOTE] I have studied it, that's what we where taught for the most part.

[QUOTE=Madman_Andre;31645636] The reason the economy rebounded prior and during the Second World War was due to the New Deal policies Roosevelt put forward in the years right after the Great Depression[/QUOTE] Yeah, uh, that went on for almost 10 years and even the people in FDR's own cabinet admitted they were failures. [QUOTE=carcarcargo;31645703]I have studied it, that's what we where taught for the most part.[/QUOTE] Well, that's a start. You were taught things, and if you believe them and they make sense to you that's fine, it's an opinion. Why not ask your professor why every single Keynesian economist thought the economy would absolutely explode after World War 2 ended? He'll toss some bullshit at you about "pent up demand", ask him to explain that. Then finally when it gets so ridiculous that you begin to question whether your professor is a total idiot, read some books. [editline]e[/editline] And no, not the general theory. A different book.

[QUOTE=cathal6606;31644014]I just hope Europe stays the fuck out of this.[/QUOTE] Seriously, are people in this thread fucking stupid or what, read the whole article and look at the actual information contained within the sensational mindblowing.

[QUOTE=RandomVariable;31625714]Shanghai Cooperation Organization: [img]http://upload.wikimedia.org/wikipedia/commons/b/bc/Countries-SCO.png[/img][/QUOTE] Gog and Magog?

[QUOTE=Blitzkrieg94;31649867]Gog and Magog?[/QUOTE] More like China, Russia, India and a whole load of other countries I can't identify

[QUOTE=carcarcargo;31645703]I have studied it, that's what we where taught for the most part.[/QUOTE] If you had even took a glance at the Chicago school of Economics and the work of a dude named Keynes you'd have realized the load your Economics teacher/professor/whatever was trying to force down your throat. Yeah, I've studied this too. I've looked at both the Austrian and Chicago schools and the former, the one you are talking about is stuck in the past. EDIT: Actually, let me revive that: Austrian economics are pseudoscience and a complete joke, and Chicago economics is a joke when you take it to Reaganomics extremes. Keynes was the only sane man left in the room immediately after the Great Depression when people were praying to thin air for the economy to magically get better and preaching the other two schools. For various political reasons. So yeah.