Re: OT: Inflammatory Post of the Week


John Larkin wrote:
> On 19 Nov 2005 01:48:49 -0800, bill.sloman@xxxxxxxx wrote:
>
> >
> >John Larkin wrote:
> >> On 18 Nov 2005 14:48:00 -0800, bill.sloman@xxxxxxxx wrote:
> >>
> >>
> >> >Oh well.It can't be too long now before the international bankers who
> >> >are now financing the U.S. balance of payments deficit finally lower
> >> >the boom, and silly extravangances - like pointless military adventures
> >> >in Iraq - are going to be off the menu, along with cheap gasoline.
> >> >
> >>
> >> How does that old saying go, something like "If you owe a banker a
> >> thousand dollars, you're in trouble; if you owe him a million, he's in
> >> trouble."
> >>
> >> Only substitute "trillion."
> >
> >A truism so well-known that even nternational bankers understand it,
> >whch is why the boom will be lowered earlier rathr than later. As long
> >as the US had assets left to sell off, everybody was happy to let them
> >go their extravagant way, but the bottom of that particular barrel has
> >now been well-scraped, and no amount of creative book-keeping is going
> >to persuade anybody to buy the residual junk.
> >
> >> >Hope Jim likes cycling.
> >>
> >> He works at home!
> >
> >And lives under house arrest? That figures..The intermittent boasting
> >about over-engined cars is just pure nostagia from the days when he
> >could use a car to visit his kids and his like-thinking friends (and
> >you wouldn't want to live within gunshot of his like-thinking friends,
> >would you ....).
> >
>
> Your reflexive (and uninformed) carping becomes tedious.

Regrettably, my carping is relatively well-informed - try this from the
top of a google search on "U.S. balance of payments deficit"

http://www.digitaleconomist.com/bop_4020.html

You probably don't like hearing that your bubble is on the verge of
bursting, but if we can drag you through denial to resignation and
acceptance, you may find a way to anticipate some of the problems that
will show up when the situation comes to a head.

>Your only pleasures seem to derive from predicting misfortune and deploring the
> lives of others. This seems, if I dare to generalize, peculiarly
> European.

Scarcely my only pleasure. And if it were, ascribing it to a
Tasmanian-born and Australian educated Australian citizen would be an
odd way of generalizing to European behaviour.

> Jim and I are doing good work and having fun. You might give that a
> try.

I'd love to, and spend a couple of hours every week applying for every
electronic job going in my corner of the Netherlands - on average,
every week the search engine throws up two new jobs that I can
reasonably apply for. For my age-group in the Netherlands, the chance
that any individual application will lead to a job is less than 0.1% -
about one in seventy get a job in any one year. I've got a lot more to
offer than the average applicant, but so far all I've had has been a
couple of job interviews. One would have got me a job, if the project
had gone through ...

> But the real question is, do you think adding the rocket launchers
> would detract from the beauty of my Golf?

If you ask me, the Golf is an ugly little car, though the engine and
suspension are fine. My wife drives a much prettier Sean Leon sports,
which wraps a Spanish-designed body around the German-engineered
running gear.

Put a rocket launcher on your Golf by all means, or go out and buy a
Hummer and stick a 105mm recoiless rifle on the roof - we rely on you
Americans to satirise yourselves, since the Eoropean imagination can't
match your far-fetched reality.

-----------
Bill Sloman, Nijmegen
>
> John

.

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