Saturday, November 13, 2010

The united states is not necessary

  It does not take that much effort to consume. Even an infant can do it. The worlds largest economy is China, and one of the world's largest consumers is the united states. Every year, the us accumulates between 400 billion and 1 trillion dollars worth of foreign debt. Whatever foreign aid it gives on an annual basis comes out of those loans. That aid is a small percentage of the total debt it accumulates from the rest of the world. The us is only 6 percent of the world's population, but it consumes far more than 6 percent of the worlds resources, resources that are not produced in the united states.

  With the absence of the united states, the world would just have more goods and resources to share. The price for oil would come down, diamonds, gold, silver, grains, corns, meat. Not only would there be less money chasing after more goods, but there would be less consumers crowding out limited resources. The united states is a very large country. Third largest country by population in the world. Stretching at over 300 million people. And it appetites are huge. So its not just having a huge per capita appetite but a very large aggregate appetite as well.

  The united states pretends to have invented technologies like computers and automobiles. When these inventions were derived from Europe shortly after the steam engine and the industrial revolution. The father of the american industrial revolution was an Englishman with a bounty on his head because he was an industrial spy for having fled from the British Isle.

 Trying to subsidize this is just entirely unnecessary. It would be better off if the world just decided to appreciate their currencies, dump dollars, and seek balanced trade.

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