OT: G-20

So, it looks like the whole world is going broke! Hey, Bill S, How's that Eurosocialism stuff workin' out for ya, now that you've lost the safety valve of The Free Market in America? (Obamanomics, you see.)

Thanks! Rich

Reply to
Richard the Dreaded Libertaria
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Germany is still exporting an amazing amount of stuff - second only to the Chinese, and not that far behind them. The USA is still a huge market - not as huge as it was before your Dubbya-supervised banks blew up and burst a house-price bubble, severely crippling the US ecomony in the process, and doing a lot of damage in the rest of the world as well - and we still seem to be exporting enough to you and the rest of the world to keep our economies ticking over.

The US has been running a huge balance of payments deficit since Regan was president, and you are going to run out of money eventually, but with any luck the rest of the world will have developed enough by then that we can get by without your extravagant consumption.

-- Bill Sloman, Nijmegen

Reply to
Bill Sloman

Plonk alert.

Tim

--=20 Deep Friar: a very philosophical monk. Website:

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Reply to
Tim Williams

Why would we run out of money? We have lots of trees, and ink is cheap.

John

Reply to
John Larkin

It was Clinton's admin that let the banks go willy nilly. Glass-Steagall Act silliness. This time both parties were involved in killing it. It's amazing how many folks believe Cheney's administration started all this.

Reply to
qrk

That will be the thank you we get for letting the rest of the world ride the coattails of US innovation and technology.

If we had not spent those trillions of dollars on the rest of the world, you would all have a very different story right now, and you would not be discussing it on this forum either.

Reply to
AM

Telegraph. Telephone. Light bulb. Movies. Sound recording. Airplanes. Vacuum triode. Nuclear reactors. Lots of electronic concepts. Transistor. Ethernet. Integrated circuits. Minicomputer. Fortran, Cobol, Basic, ADA, Perl. Mouse. Maser. Laser. SRAM. DRAM. CCD and CMOS imagers. Comm satellites. Fiber optics. Microprocessor. Internet. Gene sequencing. It's amazing how many things Americans invent and develop.

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John

Reply to
John Larkin

Vice President Bush should have said something.

mike

Reply to
m II

But customers like being paid in currency that keeps its value. An increasing proportion of world trade is denominated in euros for exactly that reason, and as the dollar loses it status as the reserve currency you will find that printing extra notes isn't as helpful as you'd like to think.

And paper bank-notes are passe. Australia introduced plastic currency some twenty-two years ago, incorporating holograms to make it hard to forge - using holograms written by the Cambridge Instruments EBMF 10.5 electron-beam microfabricator that I was working on at the time.

It was a technological innovation that Australia has managed to sell to a numer of other countries.

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-- Bill Sloman, Nijmegen

Reply to
Bill Sloman

They screwed up so dramatically in oher areas that it is difficult to imagine that their stupidiy didn't also contribute to the banking crisis.

-- Bill Sloman, Nijmegen

Reply to
Bill Sloman

The US hasn't got a monopoly on innovation and technology. Joseph Swan invented the incandescent light on the UK before Edison got around to it, Marconi invented radio in Italy and developed it in the UK, and the British had broadcast television some years before you did. Your colout television scheme - Never the Same Colour Twice - is a bad joke, and only natioal pride prevented you from going over to the vastly superior European PAL system.

The US did have the benefit of a huge internal market, but the European Union now offers a bigger internal market and seems to be geting ahead on innovation and technology.

The European Airbus A380is now flying with a number of airlines - I'll be flying to Australia in one next week - which the Boeing Dreamliner is still more of a dream than a reality, with first deliveries now scheduled for the last quarter of this year. Who knows - this may be the delivery date they don't put back.

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The wikipedia article describes it as "the world's first major airliner to use composite materials for most of its construction" but the A380 uses a smaller proportion - about 20% - of composite materials in critical areas, so we are lookinga a Boeing playing catch- up and not doing too well.

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What trillions of dollars did you spend on the rest of the world? You have spent a lot on domestic research and development, but so have a number of other countries. You are still at the top of a number of technological league tables, but the competition is breathing on your neck, and you are likely to be surpassed in the not too distant future.

-- Bill Sloman, Nijmegen

Reply to
Bill Sloman

Not any more. There was a time when everything we did was secret, and only that which we released into the world was utilized by them. As the world became more and more 'civil' we became less and less 'close-to-the-vest'. As important sciences and technologies were shared with our allies, those allies also began to 'come up with' innovations and ideas of their own that 'beat us to the punch'. We were still the pioneers of freely giving, and we have always been the champions of that. If anything, if the US began to go under, the rest of the world *should* come *immediately* to our aid, without question. Dropping the debts we owe to many nations would be a great start. ISTR a number of debtors that were quite slow to pay their dues for the cost of the Gulf War. There are probably still many that owe.

There was a time when sending a 286 to Russia was a treasonous smuggling offense. Now, the remnant of the KGB and the criminal gang bosses over there have better computer systems than any one here ever thought of having in their entire life.

Many decades before those 286 years it was us that allowed for many of the modernizations of many of the manufacturing processes we all 'enjoy'. Granted other nations had their scientists and even forefathers of many niches. Were it not for us, however, spreading our wealth with more humility than any other nation that has ever existed, the rest of the world, and us as well, would still be struggling along at a much lesser scientific advancement pace than we have currently achieved through our aggressive proliferation of freely, shared scientific knowledge.

...And we fed impoverished nations.

...And we assisted nations under siege.

...And we shared our medical advancements with the rest of the world, friend or foe.

...And we have been chastised as some kind of aggressor by those that would spread ill propaganda in the name of being contrary alone. That propaganda and that which is put out with real harm intended is what is causing the most damage to our nation and all other free nations around the world. As we remain complacent to those that would harm us, we subject ALL of ourselves to the huge effects of any attack on our civility and freedoms which we enjoy.

Your disinformation is no help. I never claimed that we had a monopoly on anything. On the contrary.

An intelligent man has no problem seeing through the lies that are being told all around the world about the US. The shame is that the concatenated set of 'information' made available to intelligent men in other nations is not always the same set of information we get here.

It is very easy to manipulate entire societies against us. We see much of Iran being influenced (though not all) and the Taliban as examples where lies are told to foment hate and when they are allowed to band together into groups (Hamas, Iran's nuke program, etc), they begin to appear as "credible" to vulnerable members of their target 'demographic'. And the band grows larger. And the beat goes on.

If we beat the beat, we can actually have the civil society which they are so set on depriving us of.

Reply to
AM

Wrong. It was invented (discovered) by David E.Hughes in 1878.

Edison's patents were filed for in 1885. They were granted in 1891

Marconi was the first to _commercialize_ it in 1896 with the Brithish patent no. 12039

Marconi bought Edison's patents to keep himself and his company out of any legal issues.

Reply to
AM

Get your acronymical references right. There is no such thing as NSCT. Also, the PAL system was not "vastly superior". It had a _few_ mild _advantages_ and nothing more.

The superiority claim is 100% moot now anyway, as WE have since pioneered the globally accepted HDTV format standards which all the display manufacturers now utilize. Vastly superior... indeed. Sure, you can still buy a display that uses the defunct early Euro HD standard TVs, but why would you want to with the modern HDTV format that the rest of the world now uses filling the market with vastly superior, vastly better value displays?

Reply to
AM

Our craft is far superior. The delay means you win. Only so, however, in time-to-market. We are not playing catch up because it is not even competing with it. The 787 will bet he big fuel saver that will make it the plane to own is all but the large traverse overseas flights where a big, full planeload makes that craft the more economic choice. Those are two different battles. The A380 threatens the 747, not the 787.

The 787 is the better choice in 98% of all flights. The remaining two percent will end up being won by us years from now, when the advanced composite upgrade to the 747 design would be rolled out, if we even care about that market at that point. We will still be selling 747s too. Far cheaper in price than the hugely overpriced, hugely problematic-while-in-service (scary) A380. You won't catch me on one till they get about twenty year in on them. I'd step onto a 787 today, however. The delay is to make sure that they can handle the most severe stress modes. I am glad they are dotting their Is and crossing their Ts.

Reply to
AM

Well, AM, (aka RoyLFuchs, Archie, Piehole, Penultimate, Quick brown stain, etc, etc,) I'm happy to see you are starting to turn over a new leaf. Our prayers for your redemption appear to be paying off.

Keep up the good work. I hope your new news server works well for you.

Bless you in your new reincarnation. The obvious lack of profanity is a welcome, refreshing change

mike

Reply to
m II

It may be, if it ever gets into production.

t

re

Boeing has to claim that when they can't deliver anything, and they can do so safely because nobody has got a machine to put through independent tests.=A0

If Boeing can ever get the technology to the point that they are game to put it into production. =A0

You may find that this severely limits the number of place to which you can fly.

An empty claim when no-one is flying one.

s.

That sort of checking is supposed to take place a lot earlier in the design phase. An acquaintance who works for Boeing in Australia tells a rather different story about wing roots that delaminated in an unexpected way at stress levels that they should have survived.

-- Bill Sloman, Nijmegen

Reply to
Bill Sloman

Is that a composite main spar structure they were having problems with?

I guess things have changed a lot from when they used to mill them from a huge block of alloy.

mike

Reply to
m II

He managed a range of several hundred yards, and everybody else thought that he was working with magnetic induction.

The German Heinrich Herz usually gets the credit for discovering electromagentic waves in 1886 - which had been predicted by the Scot, James Clark Maxwell in 1864

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Marconi is usually given the credit for introducing the first commerciallu successful system

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-- Bill Sloman, Nijmegen

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Reply to
Bill Sloman

You wouldn't know.

Reply to
AM

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