Originally posted by UnExpecte
Thatsjustweird is so funny.
He (or she ) is giving everything it takes to provide "proof" against the Titor case.
The "hard case" "proof" is yet the funniest!
Unexpecte is hillarious
Wasn't that dealt with like a month ago? Why does (s)he decide to bring this up now?
Anyway, I'm not providing proof against the Titor case, I'm waiting for you and others to provide the evidence for the Titor case. You all keep
yapping, but you're not providing any proof. I'm showing you the inaccuracies in the Titor story, it's up to you to prove they're not
If you bothered to read anything I offered, you certainly don't show it as every single link does claim that Iran moving to the Euro would be
devastating to both the American Economy and worldwide trade relations with America. If nobody wants American Money, we can't pursuade them to import
to us. If nobody wants American Money, we can't buy goods from overseas.... we have to then manufacture what we want on our own, and our
infrastructure for that has been nickeled and dimed to death over the last three decades.
1. It's Febuary 16, 2005. Iran still hasn't said they're going to convert to Euros. Just wanted to point that out.
2. Nobody wants American money? What part of almost everything that's traded is in USD is hard to understand? For that reason alone, the dollar will
not fall as rapidly as you're suggesting if Iran sells oil in Euros. You think that if Iran converts to Euros well over half the world would just
convert their currency to Euros as well? Or start immediately trading in Euros because Iran is doing it? No, it doesn't work that way.
3. There aren't enough countries that have enough money to make up for what would be loss, should the US and the dollar fall. This would devastate
the global economy. You don't seem to be getting this through your head. That's why countries WILL NOT let the dollar fall. Countries do have a
choice in this matter.
But since you're so sure they would allow the dollar to fall. Where are they going to get the money from to pick up the billions upon billions of
dollars that they will lose daily?
Debt is different from Deficit, by the way.
The reason why most of my links detailed the DEBT is because you asked me where I was getting my concepts of Debt from... anyone who understands
supply and demand should know the outcome if the American Dollar not considered important in the oil market.
First part is irrelevant as I never mentioned the deficit...
(you did make the mistake of saying debt when you meant deficit. "National Debt was virtually erased by the close of the Clinton Era"
lol, no it wasn't. It has been on a steady increase since the 1800s. It just increased less during those times)
And supply and demand is the very thing that will keep the dollar afloat. Until enough countries have enough money to buy Euros to be able to trade in
Euros and threaten the dollar, the dollar will stay afloat. That's a process that takes YEARS not weeks. Again, most goods are made and bought from
fairly poor countries because they're cheaper. The vast majority of these countries trade in dollars. Once these countries start converting to Euros,
then you'll see the dollar in trouble.
And since you cannot seem to understand what the # I was saying concerning China... if China decides to move to the Euro, America has two
options. One, let them do so. Two, prevent them with Force.
Europe uses the Euro....
Why didn't we prevent them by force? You think we don't owe European countries?
Since you can't appear to understand what it is I meant, let me make it even simpler for you. If we go to war with China, we will lose in a
manpower fight. The only option we have in such a war is to either kill all people in power, or nuke the entire country.
1. I can guarentee you we will not go to war with China for using the Euro. Well, maybe in your fantasy world, but not here in the real world
2. If we were to go to war with China over something like that, I seriously doubt it'd be an invasion. If it's not an invasion, the US would win.
China could draw at best.
3. China is our largest trading partner. Nuking them would not benefit us one bit (especially since the goal would be to get them to return to
dollars) and would not happen unless they nuked us first.
And since you might not even be following why I brought that up, I said that this is the worst outcome, and that the U.S. citizens would revolt
against their government if it sanctimoniously decided to nuke China.
So let me clarify this so that even you can understand, I never said we should nuke China, I never said that was the likely outcome, and I never said
it was a good idea.
I never said you said it was a good idea...
And you said it would happen.
You're just now saying this would be the worst outcome. In your first post concerning this you just said that this WOULD happen.
That reason, specifically, is why I feel you don't bother to read the webpages presented to you. That and when you make claims such as "Not
one of those links talk about the doom and gloom you posted", and I respond citing at least one instance where ONE of my links DID in fact claim that
the Euro being adopted by OPEC would be a Very Bad Thing(TM).
By their understanding. And I'm not disputing it's bad. It's much more better for us and the dollar for them to mainly trade in dollars, but if
they don't, there's no credible evidence the world would end.
And again, not one of those links said anything about nuclear war and the complete collapse of the US as you did.
And you apparently aren't aware that the second link you provided which you felt supports YOUR theory as to why the American Economy wouldn't
collapse if Iran moved to the Euro DID EXACTLY THE OPPOSITE of what you intended.
Just read it again, couldn't find anything in it that said the US economy would collapse. I did find this though, this is exactly what I'm talking
For all of the rich countries in the world, a sudden devaluation against the dollar has the potential to be far more damaging than a sudden
devaluation against the euro, the yen, the yuan, the rubble, etc. This is because most of the goods and services traded internationally are priced and
paid for in dollars and, virtually all commodity trade, including the trade of oil which is by far the most important good traded internationally, is
denominated in dollars.
Main reason why countries will not let a sudden devaluation of the dollar to happen....
So can we conclude that an Iranian oil bourse trading oil in euros is the real reason for the current crisis? Perhaps this is prematurely
jumping to conclusions. The claim that the Iranian bourse will definitely trade in euros appears to me to be based primarily on speculation at this
Also, your apparent inability to understand what other people say, or to respond in a intellectual manner which denotes at least some
credibility on a subject other than laughing and ridiculing the person you are talking to...
Care to cite examples of this?
or Rolling your eyes and acting as if the person you are talking to doesn't know what they are talking about.
If I have done this, then I'm pretty sure the person I did it to really didn't know what he/she was talking about.
And that's ok to not know what you're talking about. You're ignorant until someone teaches you.
Every time I see you post it's one of the above manners of speech... you either ridicule the person for believing something stupid, you make
fun of them as if they don't know what they are talking about, you pretend as if you are the authority on subjects and you post information that
doesn't support your position, or if it does, it does so poorly.
Care to cite examples?
I always ask that, but never get any responses back. I wonder why?
Oh, and just in case you didn't catch me answering your China question, here's the answer again. I never said we should nuke China, I never
said that it was a good idea, I never said that we were going to.
Your quote was...
"So... to put it in perspective, if the Oil Trade turns to the Euro, China will be trading in Euro's and not dollars... and considering how much in
Dollars we owe China, it is likely they will call for a debt repayment. The U.S. Citizens aren't going to let their leaders Nuke China off the face
of the earth, which is the only other option the Red, White, and Blue will have."
1. You speculate China would just suddenly trade in Euros
2. You say the only option the US would have is to nuke china off the face of the earth. This doesn't make much sense especially since other
countries we owe are already dealing in Euros and we haven't nuked anyone.
3. Why would China call for a debt repayment after
the dollar falls? How will this be beneficial to China?
The way in which you post lends almost no confidence to any credibility you might have, because you make personal attacks....
Just reread my posts. Not one personal attack in them. The closest thing was "you don't even know what thread you're posting in."
I'm still waiting for you to address that btw (since you're supposed to go over every single point). Is this or is this not a Titor thread?
you act as if you are the authority on subjects without giving adequate information to support the claims you make... and that information you
do present is either poor or not in your favor.
Ok, tell me what subjects, and I'll provide you with more info. Not a problem at all. You just have to tell me what you need info on instead of
complaining that I'm not providing info. Tell me what I'm not providing info on!
It's not worth investing hours into discovering the locations of plants to address a post you presented. Maybe thatsjustweird will be inspired
and do the research if (s)he is interested.
And, I'm not going to rule out doing the research. If I'm shown that this is in some way relevant to this Titor thread...
to answer this question
Or more simply, do you think we manufacture enough to rely upon only our own manufacturing power at this time in our history?
No we don't but I'm pretty sure we can.
We don't because it's MUCH cheaper to buy things overseas. Doesn't mean we don't have the ability though...
[edit on 16-2-2006 by ThatsJustWeird]