Smalls.....

[KAYNE]

I BELIEVE IT WAS YOU WHO SAID "WHY DOESNT AMERICA STAY OUT OF EVERYONE'S BUSINESS?" I AGREE FOR THE MOST PART BUT SOMETIMES, ITS JUST NOT POSSIBLE. AND HERE IS YOUR ANSWER:

A LITTLE SOMETHING CALLED THE BRETTON WOODS CONFERENCE. UNDER THE MISTAKEN BELIEF THAT NONINVOLVEMENT IN EUROPEAN AFFAIRS WOULD PROTECT THE U.S. FROM GETTING INVOLVED IN THE FUCKED UP EURO CONFLICTS (I.E...WWI), THE U.S. RETREATED INTO ISOLATIONISM. HOWEVER, IN THE 1930'S DURING THE RISE OF HITLER, THE U.S. BEGAN TO REALIZE ITS MISTAKES. WINSTON CHURCHILL AND PRESIDENT ROOSEVELT THEN MEET ON A BATTLESHIP (1941) WHICH BROUGHT ABOUT THE ATLANTIC CHARTER. ALL PARTIED INVOLVED AGREE THAT THE U.S. WOULD BE THE POLITICAL, MILITARY, AND ECONOMIC LEADER SINCE THE U.S.'S WEALTH, SIZE, AND POWER HAD SURPASSED BRITAIN DECADES EARLIER. ALONG WITH THAT, ITS LEADERSHIP DURING THE WAR GAVE IT PRESTIGE AND CREDIBILITY AROUND THE WORLD. ALSO, THE U.S WAS THE ONLY INDUSTRIAL NATION WHOSE INFRASTRUCTURE WASNT DAMAGED BY THE WAR. WE ALSO WERE THE ONLY NATION SET TO PROVIDE FINANCIAL CAPITAL AND PHYSICAL MATERIAL TO REPAIR ALL THE EFFECTS OF WWI

THE U.S. IS PROTECTING AGAINST 4 THINGS:
1. THE COLLAPSE OF INTERNATIONAL TRADE
2. A WORLDWIDE DEPRESSION
3. THE COLLAPSE OF THE INTERNATIONAL MONETARY SYSTEM
4. THE COLLAPSE OF INTERNATIONAL LENDING

(THATS THE GIST OF IT)


PS...I WAS MISTAKEN WHEN I MENTION THE LOUVRE AND PLAZA. I HAVE BEEN STUDYING LIKE CRAZY AND THAT WAS STUCK IN MY HEAD. I WAS TRYING TO SAY "CUSTA" IS A MAJOR REASON WHY CANADA IS STILL COMPETIVE IN TRADE WITH THE REST OF THE WORLD, ESP. THE U.S.


PSS....LETS KEEP THIS THREAD FROM GETTING OUT OF HAND.



KAYNE

 

[smallmovesal]

thanks for the history lesson (seriously).

i think we can differentiate between that and supplying warfare etc... to other nations. how many times has that come back to bite the US in the ass?

did you read the longass article i posted btw?

babe, i totally forget your aim handle.. pm or post it here pretty please.

 

[Crazier]

Kayne, Smalls...

What's up my bitches?
--

 

[KAYNE]

DIDNT GET A CHANCE TO CHECK THE BOARD SINCE EARLY YESTERDAY. I HAVE BEEN BUSY SINCE THEN AND JUST GOT HOME.

I AM SPEAKING OF PROVIDING WARFARE AND WHAT NOT.

YES, IT PROBABLY HAS CAME BACK TO BITE THE U.S. IN THE ASS (VIETNAM IMO) BUT I'M PRETTY SURE, AND THIS SEEMS TO BE THE GENERAL CONSENSUS FROM ECONOMINSTS FROM AROUND THE WORLD, THAT THE U.S. DOES MORE GOOD (I.E...PREVENTS SOME MAJOR SHIT) THAN BAD BY ITS POLICIES WITH SITUATIONS SUCH AS THE ONES AT HAND.


KAYNE

 

[KAYNE]

CRAZIER YOU HOMO....WUTS UP? HOWS YOUR DAUGHTER?



KAYNE

 

[Crazier]

CRAZIER YOU HOMO....WUTS UP? HOWS YOUR DAUGHTER?



KAYNE

Hey pillowbiter...

She's kickin' ass! Funny you asked on this thread, on Thursday night she had a school play where the theme was 'Proud to be American.' She was up on stage singing 'This Land is Your Land' and 'Yankee Doodle'... with a little dance routine... it was great.

I just talked to her tonight and she got a new pair of shoes and a purse... so she's happy as can be.

How has school been working out for you this semester? Still studying well???
--

 

[smallmovesal]

well, if you are...


then let's see...

afghanistan

israel

there was a lil thing called iran-contra a while back *sings star wars theme*

you have such a cute lil temper on ya kayne

 

[KAYNE]

JUST DONT LET HER PUT MAKE UP IN THAT PURSE FOR ANOTHER 12-15 YEARS. LOL

I'M GLAD TO HEAR THINGS ARE GOING WELL FOR HER. TOO BAD HER FATHER IS A HOMO..HEHE JUST FUCKING WITH YOU.

STUDYING IS FUCKING KILLING ME MAN. I'M A PROCRASTINATOR SO I WAIT TO DO SHIT UNTIL THE WEEK OR DAY BEFORE ITS DONE. THAT IS TAKING ITS TOLL ON ME PHYSICALLY AND MENTALLY. I'M NOT EATING OR SLEEPING LIKE I SHOULD. BUT THEN AGAIN, I NVR EAT AND SLEEP LIKE I SHOULD. 39 HOURS LEFT AFTER THIS SEMESTER SO I'M LOOKING FORWARD TO GRADUATING AND STARTING MY CAREER.


SMALLS
YESTERDAY WAS A BAD DAY....SORRY.


KAYNE

 

[ABall]

I BELIEVE IT WAS YOU WHO SAID "WHY DOESNT AMERICA STAY OUT OF EVERYONE'S BUSINESS?" I AGREE FOR THE MOST PART BUT SOMETIMES, ITS JUST NOT POSSIBLE. AND HERE IS YOUR ANSWER:

A LITTLE SOMETHING CALLED THE BRETTON WOODS CONFERENCE. UNDER THE MISTAKEN BELIEF THAT NONINVOLVEMENT IN EUROPEAN AFFAIRS WOULD PROTECT THE U.S. FROM GETTING INVOLVED IN THE FUCKED UP EURO CONFLICTS (I.E...WWI), THE U.S. RETREATED INTO ISOLATIONISM. HOWEVER, IN THE 1930'S DURING THE RISE OF HITLER, THE U.S. BEGAN TO REALIZE ITS MISTAKES. WINSTON CHURCHILL AND PRESIDENT ROOSEVELT THEN MEET ON A BATTLESHIP (1941) WHICH BROUGHT ABOUT THE ATLANTIC CHARTER. ALL PARTIED INVOLVED AGREE THAT THE U.S. WOULD BE THE POLITICAL, MILITARY, AND ECONOMIC LEADER SINCE THE U.S.'S WEALTH, SIZE, AND POWER HAD SURPASSED BRITAIN DECADES EARLIER. ALONG WITH THAT, ITS LEADERSHIP DURING THE WAR GAVE IT PRESTIGE AND CREDIBILITY AROUND THE WORLD. ALSO, THE U.S WAS THE ONLY INDUSTRIAL NATION WHOSE INFRASTRUCTURE WASNT DAMAGED BY THE WAR. WE ALSO WERE THE ONLY NATION SET TO PROVIDE FINANCIAL CAPITAL AND PHYSICAL MATERIAL TO REPAIR ALL THE EFFECTS OF WWI

THE U.S. IS PROTECTING AGAINST 4 THINGS:
1. THE COLLAPSE OF INTERNATIONAL TRADE
2. A WORLDWIDE DEPRESSION
3. THE COLLAPSE OF THE INTERNATIONAL MONETARY SYSTEM
4. THE COLLAPSE OF INTERNATIONAL LENDING

(THATS THE GIST OF IT)


PS...I WAS MISTAKEN WHEN I MENTION THE LOUVRE AND PLAZA. I HAVE BEEN STUDYING LIKE CRAZY AND THAT WAS STUCK IN MY HEAD. I WAS TRYING TO SAY "CUSTA" IS A MAJOR REASON WHY CANADA IS STILL COMPETIVE IN TRADE WITH THE REST OF THE WORLD, ESP. THE U.S.


PSS....LETS KEEP THIS THREAD FROM GETTING OUT OF HAND.



KAYNE

Kayne,

You are correct for the most part but are a little wrong about some things. Economically speaking, The Bretton Woods agreement was a proposal where all other countries essentially fixed their exchange rates to that of the U.S. The reason for this was to avoid another economic depression. Now, in examining this, the most important thing to keep in mind is that all countries had their exchange rates pegged to that of the U.S. So any policies the U.S. implemented had direct effects on international markets.
U.S policies in the late 1960's helped cause the breakdown of this system by 1973 (give or take a year). Overexpansionary U.S. fiscal policy (government spending etc) contributed to the need for a devaluation of the dollar (depreciation --makes U.S. goods cheaper for foreigners) in the early 1970's, and fears that this would occur touched off speculative capital flows out of dollars that caused the foreign supplies to balloon. Higher US money growth fueled inflation at home and abroad , making foreign governments increasingly reluctant to continue importing U.S. inflation through the fixed exange rate system. So, a series of international crises begining in the spring of 1971 led to the downfall of the fixed exchange rate system. Thus, since then, the U.S has not been able to fuel or cause the onset of a worldwide depression due to the fact that industrialized nations no longer have their exchange rates pegged to that of the U.S. Most countries have adopted a managed floating echange rate system.

Next, the U.S. could not cause a collapse of international lending. This is because of the collapse of the Breton Woods system as well as the resource endowments the U.S. has. Because of its mere size and diversity and resources, the U.S. actually relies less on international trade than almost any other country! I am not saying that the U.S. doesn't relly on trade heavily, rather, it doesn't rely on trade as heavily as other nations of the world. Exports and Imports account for roughly 10% of U.S. national income. Compared to Germany (roughly 25%), Korea (30%), and the Netherlands (roughly 50%), this isn't much.

Interesting stuff though aint it?

Peace



A

 

[ABall]

THE U.S. DOES MORE GOOD (I.E...PREVENTS SOME MAJOR SHIT) THAN BAD BY ITS POLICIES WITH SITUATIONS SUCH AS THE ONES AT HAND.


KAYNE

I totally agree with that though.


Peace



A