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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (385231)	5/20/2008 3:23:29 PM
From: combjelly	Read Replies (1) \| Respond to of 1577177

"So, because the rest of the world can't be raised to our standard of living, we should cut ours? Is that what he's saying?" We need to rethink a lot of things. Wars over resources aren't exactly unheard of.

To: i-node who wrote (385231)	5/20/2008 3:24:37 PM
From: Tenchusatsu	Read Replies (3) \| Respond to of 1577177

David, > So, because the rest of the world can't be raised to our standard of living, we should cut ours? Is that what he's saying? Two words: Zero-sum. Tenchusatsu

To: i-node who wrote (385231)	5/20/2008 3:46:02 PM
From: bentway	Respond to of 1577177

"So, because the rest of the world can't be raised to our standard of living, we should cut ours? Is that what he's saying?" What he's saying is that, as gas, food, metals and all resources get more and more expensive, Americans are going to have to pay MUCH more as we compete with the rest of the world for them. Not a comforting prospect when your currency is on it's way to toilet paper and real wages for Americans are declining, even measured in sad Bush "strong dollar" clownbucks! Our standard of living will decline due to this, as the standard of living for Chindia and even Africa will rise. That's the future. Painful for us, joyous for the mud hutters. Invest in commodities and forget about financial worry.