PILOT SPIN

Spin Zone => Spin Zone => Topic started by: Jaybird180 on February 24, 2016, 07:54:37 PM

Title: The Decline of the Dollar
Post by: Jaybird180 on February 24, 2016, 07:54:37 PM
http://geopolitics.co/vital-issues/ben-fulford/did-a-chinese-banker-just-announce-the-biggest-event-in-human-history/

Quote
The fact is that 84% of the US workforce is in the service sector (banking, government, retail etc.), meaning they do not actually make anything. In other words, the Americans do not make enough stuff to pay for the stuff they are getting from the rest of the world. The corporate propaganda media still cling to the lie that the US is the world’s biggest economy and China is number two. That is outright fiction. The Chinese, for example, produce 11 times more steel than the US and, in the last 3 years alone, have produced more concrete than the US used during the entire 20th century. The Chinese have decided enough is enough and demanded real payment for their goods, not so-called US dollars.
Title: Re: The Decline of the Dollar
Post by: Lucifer on February 24, 2016, 08:51:24 PM
http://geopolitics.co/vital-issues/ben-fulford/did-a-chinese-banker-just-announce-the-biggest-event-in-human-history/

Your article is a bunch of bunk.
Title: Re: The Decline of the Dollar
Post by: Jaybird180 on February 25, 2016, 08:35:53 AM
I am not the author and if you care to discuss it you're going to have to do better than throw a tantrum.
Title: Re: The Decline of the Dollar
Post by: President in Exile YOLT on February 25, 2016, 09:09:05 AM
Make America Great Again.
Title: Re: The Decline of the Dollar
Post by: gerhardt on February 25, 2016, 09:22:34 AM
I'm not opposed to making a living while not having to work at a factory.  Working at a factory isn't as enjoyable as some of you seem to think.

As for making this country great again, it's still pretty awesome.  The average American is a blooming idiot.  How else can you rationalize the president we have now, and worse, the guy leading the 2016 race to the White House?  Several years ago I went with my wife to her high school reunion.  While she was socializing I was talking with another spouse of a classmate.  He said he worked on a Ford assembly line.  The money was decent but each day was pure hell.  This guy was pretty low-key, clean cut and seemed down to earth.  He explained that the vast majority of the people he worked with were rough cut, crude, immature and prone to violence.  That there was always some drama on the shop floor with guys arguing and fighting.  He just wanted to go to work, do his job, and go home.

My only experience with factory work was a short stint at a Quaker Oats (owned by PepsiCo) plant.  It was a sweatshop filled with much of the same type of people mentioned above.  If it was my only way of supporting my family I'd have found a way to make it work.  But it's certainly no way to enjoy life. 
Title: Re: The Decline of the Dollar
Post by: Lucifer on February 25, 2016, 09:45:02 AM
I am not the author and if you care to discuss it you're going to have to do better than throw a tantrum.

Who's throwing a tantrum?  I read the article and his statistics don't add up.

For instance, concrete. China imports the majority of the material to produce concrete.  Their actual mining/production is not on scale with developed nations.

Much of their steel industry depends upon scrap metal that is shipped there and smelted down, not mined.

Other numbers in that article are suspect as well.

Title: Re: The Decline of the Dollar
Post by: Jaybird180 on February 25, 2016, 10:25:21 AM
Well China has the GA industry by the cajones
Title: Re: The Decline of the Dollar
Post by: gerhardt on February 25, 2016, 10:49:34 AM
Well China has the GA industry by the cajones

In what way?

Soon they will have a huge impact on most of our major industries.  Which is great in one sense that they'll pump major $ into them.  Not so great when those industries become dependent on sales to China. 
Title: Re: The Decline of the Dollar
Post by: Johnh on February 25, 2016, 11:02:44 AM
Well China has the GA industry by the cajones
Just read this in today's local paper.
http://www.news-journalonline.com/article/20160224/NEWS/160229724
Quote
Brazilian plane maker sets up in Ormond Beach
Hangar at city's airport to initially be North American assembly/distribution plant
Title: Re: The Decline of the Dollar
Post by: Jaybird180 on February 25, 2016, 02:22:01 PM
In what way?

Soon they will have a huge impact on most of our major industries.  Which is great in one sense that they'll pump major $ into them.  Not so great when those industries become dependent on sales to China.
The bought Cirrus and Mooney. Who else do they own?
Title: Re: The Decline of the Dollar
Post by: Gary on February 25, 2016, 05:45:52 PM
In what way?

Soon they will have a huge impact on most of our major industries.  Which is great in one sense that they'll pump major $ into them.  Not so great when those industries become dependent on sales to China.

Not convinced of that ... yet.  China has some serious issues of their own.  They may not be the economic juggernaut they seem. Certainly have experienced explosive growth, question is, how much longer can they maintain it.  Judging by their own stock market, not a lot of confidence in the future.

Gary
Title: Re: The Decline of the Dollar
Post by: Number7 on February 27, 2016, 10:04:18 AM
Just read this in today's local paper.
http://www.news-journalonline.com/article/20160224/NEWS/160229724

I think that is the sea plane that killed one of the first pilots when the tail fell off, but can't remember the time frame, or details.