Iraq: Did You Know

[tony]

And as to their economy: I dunno if you'd noticed, but there are very few economies in the world right now who can brag about having massive growth over the past 24 months, and not many more who can say they're still experiencing a positive trending in growth. Overall the world's economy is experiencing, at the least, a correction due in part at least to overinvestment in subprime mortgages.

Brazil, Denmark (Both of which produce their own energy, Denmark is a welfare state too for those who don't believe in such a thing) Dubai, India, China, Vietnam has seen continuous growth in their economy. As I said before there is a ton of potential here in the U.S to turn things around in a legitimate way..

I don't have a crystal ball but if I was going to guess as to why Iraq's growth stunted early in this decade before the war it was due to low oil prices. (When we thought $1.20 a gallon was high) With oil prices as they are now and the solid Euro.. I'll go ahead and say that Iraq would be in a good position economically right now. Again.. this is just one hippie's opinion and not the gospel.

[BanginJimmy]

[QUOTE=tony]Brazil, Denmark (Both of which produce their own energy, Denmark is a welfare state too for those who don't believe in such a thing) Dubai, India, China, Vietnam has seen continuous growth in their economy. As I said before there is a ton of potential here in the U.S to turn things around in a legitimate way.. [\quote]

you need to compare apples to apples. The average 16y/o working at McD's makes more an hour than the average worker in all of those countries combined. Not to mention that 2 of the 4 are communist countries.

India's caste system is so entrenched that being born into a lower class family means you will not goto school, and you will live your life in the lower class. NOTHING you do with your life will change that.

[tony]

[QUOTE=BanginJimmy]

Brazil, Denmark (Both of which produce their own energy, Denmark is a welfare state too for those who don't believe in such a thing) Dubai, India, China, Vietnam has seen continuous growth in their economy. As I said before there is a ton of potential here in the U.S to turn things around in a legitimate way.. [\quote]

you need to compare apples to apples. The average 16y/o working at McD's makes more an hour than the average worker in all of those countries combined. Not to mention that 2 of the 4 are communist countries.

India's caste system is so entrenched that being born into a lower class family means you will not goto school, and you will live your life in the lower class. NOTHING you do with your life will change that.

You're right, apples to apples would be comparing countries that are as technologically advanced as the U.S.. none of those I listed with maybe the exception of China compares on that level.. which makes their accomplishments that much more admirable.

[BanginJimmy]

You're right, apples to apples would be comparing countries that are as technologically advanced as the U.S.. none of those I listed with maybe the exception of China compares on that level.. which makes their accomplishments that much more admirable.

all of those countries, including China, make low quality mass produced goods. With the minimal wages they pay it is possible for companies dump large portions of their capital into expansion, and in the case of Viet-nam and China back into their social progams.

If any country in the world stopped trading with the US today our enconomy would fall flat, but recover in within a couple of years. If just he US stopped trading with China their entire economy would collapse within months. You just cannot compare a free market economy to that of one of a communist country.