The Doomsday Clock has been updated to just 89 seconds until a civilization-ending disaster

ScottSoapbox said:
Or a gamer tired of inflation caused by government overspending.
Click to expand...
A worldwide inflation problem of which the US faired better than any other industrialized nation? The entire world inflation problem where countries had 2-3x our inflation was caused by our government overspending?

Listen, Im not asking you to think like me, Im just asking you to think.
 
lonetac said:
A worldwide inflation problem of which the US faired better than any other industrialized nation? The entire world inflation problem where countries had 2-3x our inflation was caused by our government overspending?

Listen, Im not asking you to think like me, Im just asking you to think.
Click to expand...
Well you're going to have to clarify your point as it really isn't clear what you are asking me to think about.

US inflation was less severe than other countries for two reasons:
1) The largest economy in the world can run up a bigger bill before it bites them.
2) The dollar is the defacto world currency because we forced the world to trade oil in dollars. This links the dollar value to barrels of oil (somewhat similar but weaker than when their was a gold standard) which slows inflation.

The latter is where the Ukraine was has been a total failure because instead of crushing Russia's oil exports, Russia convinced some countries to trade oil in not-dollars which weakens the financial protection of #2 and the overall strength of the US's ability to push the world around.

If you are saying that other governments overspending is causing their inflation to be worse. then yes that is true, but I already knew that.
 
toooooot said:
Was the war against Saddam a proxy war? No, it was not, the dictator simply added a neighboring country just like Putin tries to add Ukraine. He then wanted to go further.
The biggest misconception about thinking that the West wages proxy wars is the assumption that the world is a heaven on earth, peaceful and loving, only asking that the US does not start another bloody war.
If Obama supplied Ukraine with everything they are getting right now, Putin would not try to occupy it in 2022. See, he was not alone who thought that the US should stop with its stupid proxy wars. The dictators were preparing to start multiple bloody wars because the US showed its unwillingness to intervene.
Click to expand...
It's now common knowledge that the American people were lied into the Iraq war. No weapons of mass destructions. "Oops" from the intelligence community without repercussions.

We keep needing to go to war against the dictators we installed undemocratically a decade earlier.

We just installed the Taliban in Iran after two decades of fighting the Taliban in the region.

But its ok when we "pre-emptively defend ourselves" that is invade other countries before they do anything because we're the good guys.

As for Ukraine, at the end of WWII we signed a treaty that NATO would not move east towards Russia. Every President since added countries to NATO and promised that was as far as we would go. Putin made a big speech about how Ukraine was his red line for NATO which was dismissed. I mean imagine Mexico joining the Soviet Union? Or missiles being put in say Cuba - oh right that almost caused nuclear war when they did it. But when we do it, the answer is somehow we should have put $800,000,000 worth of military gear in Ukraine with the missiles to show our willingness to intervene. Brilliant.
 
ScottSoapbox said:
Well you're going to have to clarify your point as it really isn't clear what you are asking me to think about.

US inflation was less severe than other countries for two reasons:
1) The largest economy in the world can run up a bigger bill before it bites them.
2) The dollar is the defacto world currency because we forced the world to trade oil in dollars. This links the dollar value to barrels of oil (somewhat similar but weaker than when their was a gold standard) which slows inflation.

The latter is where the Ukraine was has been a total failure because instead of crushing Russia's oil exports, Russia convinced some countries to trade oil in not-dollars which weakens the financial protection of #2 and the overall strength of the US's ability to push the world around.

If you are saying that other governments overspending is causing their inflation to be worse. then yes that is true, but I already knew that.
Click to expand...
Suggesting a world wide inflation problem caused by disruption of supply chains globally is due to the US is related to government overspending? Everything you jsut listed is blah blah blah.

The entire world faced inflation at greater rates than we did. How exactly did the US government overspending (which was far worse in the 1st Turmp administration) cause global inflation?

Not a botched response to covid by the administration that was in power at the time?

Fact is the US faired and is fairing better against inflation than any other country. Thank our previous admin despite their bloodthirst genocideal tendancies.
 
ScottSoapbox said:
Well you're going to have to clarify your point as it really isn't clear what you are asking me to think about.

US inflation was less severe than other countries for two reasons:
1) The largest economy in the world can run up a bigger bill before it bites them.
2) The dollar is the defacto world currency because we forced the world to trade oil in dollars. This links the dollar value to barrels of oil (somewhat similar but weaker than when their was a gold standard) which slows inflation.

The latter is where the Ukraine was has been a total failure because instead of crushing Russia's oil exports, Russia convinced some countries to trade oil in not-dollars which weakens the financial protection of #2 and the overall strength of the US's ability to push the world around.

If you are saying that other governments overspending is causing their inflation to be worse. then yes that is true, but I already knew that.
Click to expand...

Let me try again.

Saying the worlds entire inflation problem on the Biden administrations spending, you are being disingenuous.

Ever heard of covid and the disrupted supply chains? Egg costs are related to bird flu. The president doesnt control those things.

We were promised trump was going to solve the Ukraine war on day 1 and lower prices, neither happened.

Inflation is a world wide issue right now and putting the sole blame on government overspending is ridiculous when we are already trillions in debt.

Biden approved more drilling requests than any previous admin, we have so much oil. We just continue to buy it.

I see what you are saying and I am NOT saying that wars have nothing to do with it but the over simplification of "government overspending" is exactly that, its a over simplification and putting blame not necessarily where it belongs.

The US didnt start the Ukraine war either. Its debatable if it was avoidable but given Putin's intentions, not likely.

So putting it simply, the US government overspending has been happening for many lifetimes and is not the result of a worldwide inflation problem. This started because of Covid disrupting supply and demand chains.

The US has been perpetually at war since I was born over 40 years ago. Its never caused inflation before. In fact we tend to do better given our arms dealings.
 
"Experts fear uncontrolled AI growth will supercharge the spread of misinformation, undermine democracy, and potentially turn autonomous machines hostile."

Two down, one to go.
 
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