well see this is good for me since im canadian and live in canada, you americans had your turn in the spotlight but now its our time to shine and make u guys actually acknowledge us and stopp making fun of us.
Idiots. This is because Clinton, he gave us bad trade deals. We do not tax certain countries imports, but they tax our exports. So American goods are more and people in the world market stop buying US goods. Which causes inflation, they keep getting more and more dollars, but they keep on not spending it, which devalues the dollar.
Last edited by ArunCannotDebate; 10-08-2007 at 11:05 PM.
Hey dumbass, if other nations don't buy our products, then our GDP rises, because there is less demand, and since we are operating at full employment, if we operate with more exports than imports, our inflation rises higher dumbass. So how the fuck could it be Clinton?
It's Bush, and his dumbass pumping every fucking dollar into the global economy... Our Dollar is backed by trust in the government, not gold. So therefore, our lack of money devalues the dollar instead of vise versa (if we were backed by gold).
So, shut the fuck up unless you know what you are talking about. Circular logic doesn't work, neither does facts being pulled out of your ass.
The reason for the decline is because of Clinton's trade deals morons. Because we have to be taxed on exports, but people don't tax on imports, its stopping people from buying in USD making it less valuable in the world market. I don't even have to go into a damn Economics class to know that.
that is what sf0d REALLY posted before he edited his post, might not need to go to an economics class but googling is a sure fire thing huh sf0d