Thread: Clunker Math
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nom=de=plume nom=de=plume is offline
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First recorded activity by BoatBanter: Aug 2009
Posts: 5,427
Default Clunker Math

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On Sat, 5 Sep 2009 21:26:24 -0700, "nom=de=plume"
wrote:

The only real "fix" is to rebuild American industry and start making
things here again instead of just creating "prosperity" on paper.
That may bump into the carbon tax problem. China is building new coal
plants at a rate of 2 a week to fuel their factories. If we can't find
a way of coming up with the energy to compete with that in some
acceptable and economically feasible way we will never dig our way
out of this hole.



I agree. We certainly have the brains. We absolutely need to address the
global implications of China's plants. Doing something by ourselves
(talking
greenhouse gases) isn't the ultimate solution. It needs to be a global
effort. We have (and will have more) influence around the world. We need
to
use our influence and power for good.


Unfortunately our power and influence is slipping away very quickly.
In a decade we may be about as important as France, Spain and the UK.
Old empires desperately trying to cling to past glories. China may
just call the debt and do what the Soviets couldn't do with 10,000
nuclear weapons ... bury us.



Well, I'm not that worried about China. They need us in some ways more than
we need them. I read somewhere about the consequences of them pulling the
plug on credit, and the conclusion was that they would suffer more.

In some ways, I'm more concerned about the "new" Russia. While they
certainly have their own economic problems, they also have a very strong
nationalistic bent and the money to push. I'm also concerned about
Pakistan/India. Talk about mutual paranoia... with nukes to boot.

--
Nom=de=Plume