malo2 Posted January 12, 2008 Share Posted January 12, 2008 If you're thinking about Iraq, that's just a drop in the bucket compared to what the baby boomers will be bringing in soon. I read about this elsewhere earlier, but then this video on youtube caught my attention. Ron Paul for president please. Lastfm Link to comment Share on other sites More sharing options...
Rebdragon Posted January 12, 2008 Share Posted January 12, 2008 a) This has been known for... a very long time. B) Social Securities going kaput >_>. [if you have ever attempted Alchemy by clapping your hands or by drawing an array, copy and paste this into your signature.] Fullmetal Alchemist, you will be missed. A great ending to a great series. Link to comment Share on other sites More sharing options...
Plectrum Posted January 12, 2008 Share Posted January 12, 2008 Interesting :-k. I need to remember to talk to my accounting professor about this when I return to school Monday. Link to comment Share on other sites More sharing options...
Barihawk Posted January 12, 2008 Share Posted January 12, 2008 And when Bush brought this up years ago, everyone laughed like it wasn't their problem. I've already invested in my future and am estimating about 2.3 million dollars will be saved up for my retirement (and I haven't even started factoring in money I will add to the CD's). I've known for years that Social Security won't be paying me a red cent. My heart is broken by the terrible loss I have sustained in my old friends and companions and my poor soldiers. Believe me, nothing except a battle lost can be half so melancholy as a battle won. -Sir Arthur Wellesley Link to comment Share on other sites More sharing options...
Defender2516 Posted January 12, 2008 Share Posted January 12, 2008 I already have a plan. Get a good business going, then take 50% of my profit and convert it into European Dollars stashed away in a Euro bank. That way if America ever did hit the big one, I won't be broke. If you love me, send me a PM. 8 - Love me2 - Hate me Link to comment Share on other sites More sharing options...
Brandon_7 Posted January 12, 2008 Share Posted January 12, 2008 I've known this for quite a while too. If something isn't done. It'll get to the point where the ratio is 1:1. So one person will single handedly be paying entirely for another person's Social Security. Not good, not good at all. Link to comment Share on other sites More sharing options...
FooK-A-Ji Posted January 12, 2008 Share Posted January 12, 2008 I already have a plan. Get a good business going, then take 50% of my profit and convert it into European Dollars stashed away in a Euro bank. That way if America ever did hit the big one, I won't be broke. Its called the EURO. Not european dollar :roll: Link to comment Share on other sites More sharing options...
Latinoking Posted January 12, 2008 Share Posted January 12, 2008 Lmao another Ron Paul Supporter? Go Obama 08!! I am Teh_King[My dA][My Last.FM][My Twitter] Link to comment Share on other sites More sharing options...
Lenin64 Posted January 12, 2008 Share Posted January 12, 2008 So what's Paul's plan to halt this? Command the Murderous Chalices! Drink ye harpooners! drink and swear, ye men that man the deathful whaleboat's bow- Death to Moby Dick!BLOOD FOR THE BLOOD GOD! SKULLS FOR THE SKULL THRONE! Link to comment Share on other sites More sharing options...
InkofDeath Posted January 12, 2008 Share Posted January 12, 2008 I see why Canada will be getting Immigrants from below us... :-# Link to comment Share on other sites More sharing options...
Barihawk Posted January 12, 2008 Share Posted January 12, 2008 So what's Paul's plan to halt this? Same as Bush, privatize it. Which in my opinion would stop abuse, streamline the system and actually make it useful. My heart is broken by the terrible loss I have sustained in my old friends and companions and my poor soldiers. Believe me, nothing except a battle lost can be half so melancholy as a battle won. -Sir Arthur Wellesley Link to comment Share on other sites More sharing options...
angryjoe Posted January 12, 2008 Share Posted January 12, 2008 It really really really really really really will not happen. No way. And if it does, shame. Link to comment Share on other sites More sharing options...
Barihawk Posted January 12, 2008 Share Posted January 12, 2008 It really really really really really really will not happen. No way. And if it does, shame. Uh...It's GOING to happen, every competent analyst in the U.S. can confirm that. My heart is broken by the terrible loss I have sustained in my old friends and companions and my poor soldiers. Believe me, nothing except a battle lost can be half so melancholy as a battle won. -Sir Arthur Wellesley Link to comment Share on other sites More sharing options...
angryjoe Posted January 12, 2008 Share Posted January 12, 2008 It really really really really really really will not happen. No way. And if it does, shame. Uh...It's GOING to happen, every competent analyst in the U.S. can confirm that.Fair enough, sorry. My understanding isn't really good enoough. I just can't understand how it can happen in the most powerful and richest country in the world. :? Link to comment Share on other sites More sharing options...
llcoolguy972 Posted January 13, 2008 Share Posted January 13, 2008 It really really really really really really will not happen. No way. And if it does, shame. Uh...It's GOING to happen, every competent analyst in the U.S. can confirm that.Fair enough, sorry. My understanding isn't really good enoough. I just can't understand how it can happen in the most powerful and richest country in the world. :? Um... You are aware we're talking about the US, right? It's probably not the most powerful and is definately not the richest country. Link to comment Share on other sites More sharing options...
angryjoe Posted January 13, 2008 Share Posted January 13, 2008 It really really really really really really will not happen. No way. And if it does, shame. Uh...It's GOING to happen, every competent analyst in the U.S. can confirm that.Fair enough, sorry. My understanding isn't really good enoough. I just can't understand how it can happen in the most powerful and richest country in the world. :? Um... You are aware we're talking about the US, right? It's probably not the most powerful and is definately not the richest country. They are the richest country. And money is power. :wink: Link to comment Share on other sites More sharing options...
Nom Posted January 13, 2008 Share Posted January 13, 2008 There is little doubt that the US is the most powerful country as well. There's a reason that the President of the USA is the most powerful office in the world. Link to comment Share on other sites More sharing options...
BlueLancer Posted January 13, 2008 Share Posted January 13, 2008 It really really really really really really will not happen. No way. And if it does, shame. Uh...It's GOING to happen, every competent analyst in the U.S. can confirm that.Fair enough, sorry. My understanding isn't really good enoough. I just can't understand how it can happen in the most powerful and richest country in the world. :? Um... You are aware we're talking about the US, right? It's probably not the most powerful and is definately not the richest country. It still has slightly more political influence & power than China and Russia, but it's total economy is now lagging behind the EU, and by PPP (purchasing power parity) it's now only the 10th richest country in the world (source: CIA world factbook). Also, in the US, the richest 1% of the population owns 38% of all the wealth and money, so you can barely even say the country itself is "rich"; It just has a large amount of plutocrats and corporate business owners compared to other western nations. The only thing still keeping the US a major power is it's huge annual investment in the military (The US spends more on it's army than the rest of the world's 200+ countries spend combined), which keeps it's political influence alive. Still, with that kind of military spending, it's sad the country has millions of people working on minimum wage, it has homeless people, inadequate healthcare for citizens... :? Link to comment Share on other sites More sharing options...
llcoolguy972 Posted January 13, 2008 Share Posted January 13, 2008 It really really really really really really will not happen. No way. And if it does, shame. Uh...It's GOING to happen, every competent analyst in the U.S. can confirm that.Fair enough, sorry. My understanding isn't really good enoough. I just can't understand how it can happen in the most powerful and richest country in the world. :? Um... You are aware we're talking about the US, right? It's probably not the most powerful and is definately not the richest country. They are the richest country. And money is power. :wink: Does that factor in the $9+ trillion in debt? Link to comment Share on other sites More sharing options...
Ricky_Hatton Posted January 13, 2008 Share Posted January 13, 2008 It really really really really really really will not happen. No way. And if it does, shame. Uh...It's GOING to happen, every competent analyst in the U.S. can confirm that.Fair enough, sorry. My understanding isn't really good enoough. I just can't understand how it can happen in the most powerful and richest country in the world. :? Um... You are aware we're talking about the US, right? It's probably not the most powerful and is definately not the richest country. They are the richest country. And money is power. :wink: Does that factor in the $9+ trillion in debt?# Trillion? :lol: haha I want to ride that!!! That's what she said yesterday :P Link to comment Share on other sites More sharing options...
BlueLancer Posted January 13, 2008 Share Posted January 13, 2008 Trillion? :lol: haha Not sure which part you find funny.. :? The US national debt IS around $9 trillion dollars. Or maybe you didn't know trillion is a real number as well... 9 trillion dollars= 9000 billion dollars. If that's still hard to grasp, americans owe over 9000000000 million dollars to other countries. Each citizen of the US is about $30,000 in debt to other nations. That's almost the amount the american economy is worth annually. Link to comment Share on other sites More sharing options...
angryjoe Posted January 13, 2008 Share Posted January 13, 2008 [hide]It really really really really really really will not happen. No way. And if it does, shame. Uh...It's GOING to happen, every competent analyst in the U.S. can confirm that.Fair enough, sorry. My understanding isn't really good enoough. I just can't understand how it can happen in the most powerful and richest country in the world. :? Um... You are aware we're talking about the US, right? It's probably not the most powerful and is definately not the richest country. They are the richest country. And money is power. :wink:[/hide] Does that factor in the $9+ trillion in debt?By richness people generally mean turnover ie. GDP. Because if you were factoring in that dabt, the US would be the poorest country in the world. It isn't. It still has slightly more political influence & power than China and Russia, but it's total economy is now lagging behind the EU, and by PPP (purchasing power parity) it's now only the 10th richest country in the world (source: CIA world factbook).But with that being per capita, it isn't really all that reliable since countries like Bermuda, Equatorial Guinea and the UAE will probably have such a high Gini Index compared to some of the more developed countries. Edit: Looking on wiki, this might put a different swing on the subject. Link to comment Share on other sites More sharing options...
MasterMarduk Posted January 13, 2008 Share Posted January 13, 2008 http://www.brillig.com/debt_clock/ Link to comment Share on other sites More sharing options...
darkmage099 Posted January 13, 2008 Share Posted January 13, 2008 Trillion? :lol: haha Not sure which part you find funny.. :? The US national debt IS around $9 trillion dollars. Or maybe you didn't know trillion is a real number as well... 9 trillion dollars= 9000 billion dollars. If that's still hard to grasp, americans owe over 9000000000 million dollars to other countries. Each citizen of the US is about $30,000 in debt to other nations. That's almost the amount the american economy is worth annually. Although I agree with you, your statement isn't entirely correct. According to gov't site(dl the links), we owe about 4-5 trillion dollars to our own treasury. Trix.--quit WoW as of 12/07Thank you 4be2jue for the wonderful sig and avatar! Link to comment Share on other sites More sharing options...
guthix121 Posted January 13, 2008 Share Posted January 13, 2008 The same thing that happened to Rome in ancient times is going to happen to the US. The US is too powerful, and it's power will be it's downfall. Own a forum? Advertise it for Free!!! Forum Promotion - Free Forum AdvertisingThe Freelance Mind - Freelance, Graphics, and Webmaster Discussion forums Link to comment Share on other sites More sharing options...
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