The US is in bigger trouble.
The media is corporation owned, senators corporation financed and financial system a mess.
Inequality is now at levels not seen since just before the depression.
Its turning into Grapes of Wrath all over again.
Soros: Europe on the verge of economic collapse
- Thread starter fuji
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The media is corporation owned, senators corporation financed and financial system a mess.
Inequality is now at levels not seen since just before the depression.
Its turning into Grapes of Wrath all over again.
not opposed to the free market are u?What currency is Soros trying to destroy today?
you are right. brazil is overhypedYou got two of three correct.
OTB
Fear not Globalism will save the day.....:eyebrows:Try again
OTB
Europe has another problem. They have a much more hostile relationship with their immigrants. Most of their muslim immigrants arrived as "guest workers" and were never really welcomed there. Most Europeans perceive that they have somehow overstayed their welcome and slipped in through loopholes.
By contrast in Canada and the USA our immigrants were far more welcome here, were given a clear path to full citizenship on arrival, and generally encouraged to see themselves as equal partners in the Canadian or American experiment. Canada takes a multicultural approach, while the US expects much more integration, but both nations expect immigrants to join the country as equals, which is a different attitude than the "guest workers who somehow managed to stay" approach that Europe took. Now there's discrimination for sure, but overall, we welcome immigrants in a way that Europe does not, and as a result have a much more amicable relationship with our immigrants.
So, even the immigrants they DO have tend to have a far more hostile relationship with the state, whereas in Canada and in the USA there's far less tension like that. This is why even though we have higher rates of immigration, per capita, we don't have the sorts of race riots that plague Paris, and the associated poverty that goes with ghettoizing former "guest workers".
Overall I think those extra social tensions in Europe mean they get less benefit to their economy from the immigrants that they do have, than either Canada or the US (or to be fair, than Australia/NZ either.)
By contrast in Canada and the USA our immigrants were far more welcome here, were given a clear path to full citizenship on arrival, and generally encouraged to see themselves as equal partners in the Canadian or American experiment. Canada takes a multicultural approach, while the US expects much more integration, but both nations expect immigrants to join the country as equals, which is a different attitude than the "guest workers who somehow managed to stay" approach that Europe took. Now there's discrimination for sure, but overall, we welcome immigrants in a way that Europe does not, and as a result have a much more amicable relationship with our immigrants.
So, even the immigrants they DO have tend to have a far more hostile relationship with the state, whereas in Canada and in the USA there's far less tension like that. This is why even though we have higher rates of immigration, per capita, we don't have the sorts of race riots that plague Paris, and the associated poverty that goes with ghettoizing former "guest workers".
Overall I think those extra social tensions in Europe mean they get less benefit to their economy from the immigrants that they do have, than either Canada or the US (or to be fair, than Australia/NZ either.)
We're talking about immigrants here. The racial problems in the US are largely a long-lasting hangover from the slavery era. There are also problems in both the US and in Canada with native populations, again, the lingering after-effects of the colonial era. Those are very real problems, I don't want to discount that, but it's fundamentally a different issue than the immigration issue.I would debate those points. The US is still racially segregated and has major racial issues. Check poverty rates, education, employment and crime rates according to race and get back to me with a comparison to Europe.
When you look at immigrants, they've integrated into US society, and into Canadian society, far more smoothly than immigrants to Europe have.
In fact I would point out that while neither blacks nor natives were initially accepted as full citizens, all other immigrants to the United States were offered that explicitly up front--they were all welcomed. I think there is quite a parallel between the problems the US has with the two groups that were not made to feel welcome--blacks and natives--and the immigrants in Europe who were for the most part all made to feel unwelcome. I think the hostility that the unwelcome groups feel towards the state lingers for generation after generation, creating social problems, meanwhile those who were openly welcomed, while they experience difficulties integrating, eventually do so reasonably well.
This is true only in the past 35 years. Previously, White immigrants (unless you were Catholic Irish) were welcome with open arms but not non-Whites.all other immigrants to the United States were offered that explicitly up front--they were all welcomed.
Well yes and no. I agree with you that these groups faced discrimination when they arrived in the USA and in Canada. However, MOST were all offered a clear path to citizenship and a promise of equality. That's a fundamentally different experience than, say, Turkish immigrants to Germany who arrived as guest workers with no clear path to citizenship, and who wound up being citizens despite the intentions of German immigration law, rather than because of it.This is true only in the past 35 years. Previously, White immigrants (unless you were Catholic Irish) were welcome with open arms but not non-Whites.
So while I think you're right that many groups faced discrimination, officially and formally they were welcomed.
One exception may be the early Chinese migrants, and the head tax they were made to pay.
Absolutely True.What currency is Soros trying to destroy today?
Soros has been shorting the Euro.
The US has a hypocritical relationship with illegal immigrants, and it's a serious problem. That said, the US has a young and growing population without the illegal immigrants (although partly due to historic illegal immigration). In the long run population growth rates have a dramatic impact on GDP rates, and GDP rates have a dramatic impact on the ability to cope with things like a debt crisis. If your economy is growing rapidly enough you can simply throw money at problems like that. If your economy ISN'T growing, then there is no money to throw--and solving the problems gets a hell of a lot harder.So Fuji believes the USA will recover from the recession by using the majority of illegal aliens at slave labour rates without benefits and unions?
In the short or mid term I wouldn't hazard a prediction as to what will happen, but in the LONG run I can say that US GDP growth will motor the US past the current problems, while Europe has an uphill battle to fight, owing to their shrinking populations.
Even if Europe were to change its attitude today towards immigration I'm not sure it would help much. Demographics take a REALLY long time to turn around, and it's the decisions from 20 and 30 years ago that are killing Europe today, and that will benefit the USA. Surely it's never too late to do the right thing--but even if Europe were to alter course today it would take them several decades to reverse the damage done.
By the way banks do not have the power to issue currency. They are a factor in the velocity of money, and in the rate at which currency is created, but at the end of the day the federal reserve is still pulling all the strings, and can control the rate at which banks do those sorts of things Their real blame lies in having pumped out a bunch of really stupid loans to people who had little hope of ever paying them back, and a bunch more to people who can probably pay them back--but only by slashing their spending and killing economic growth rates.
