serious stuff

Illinois isn't on the coast (unless you count Lake Michigan).

Paper? Someone should have spammed their iPads and iPhones with them. I thought the theft of the $5000 MacBook from OWS camp was a classic.

Is that some sort of irony, or do you really not know that the UK never left the Pound Sterling?

The UK is not within the "Euro Zone", something for which, I guess they are truly thankful.

--
"For a successful technology, reality must take precedence 
over public relations, for nature cannot be fooled."
                                       (Richard Feynman)

Marc is evil stuff made from distilling the stalks, skins, and all the other crap left over from wine pressing. similar to Italian Grappa.

Responsible, I believe for chronic alcoholism of nineteenth-century French peasants.

--
"For a successful technology, reality must take precedence 
over public relations, for nature cannot be fooled."
                                       (Richard Feynman)

People *are* calling the emperor naked--P.C. ain't what it used to be.

Even better: Obama pushes it over, and it falls on the next guy. IOW, another failure for unregulated free markets.

-- Cheers, James Arthur

The US can't go bankrupt. Proof left as exercise...

-- Les Cargill

That "Full Faith and Credit Clause" isn't worth the powder to blow it to hell when the US currency becomes worthless. China will probably just seize all the property in the US as payment. ...Jim Thompson

--
| James E.Thompson, CTO                            |    mens     |
| Analog Innovations, Inc.                         |     et      |
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| Voice:(480)460-2350  Fax: Available upon request |  Brass Rat  |
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I love to cook with wine.     Sometimes I even put it in the food.

I do not 'hate america' that is just your simple perception of part of reality, But your country is and has been way too aggressive for its own health. Omama is making more enemies every day, and Bush was also good in that, but he knew his limits in a way. Omama does not. He is just proof that blacks have a lower IQ. And the consequences will be not so good if a country is led by an idiot.

On a sunny day (Fri, 11 Nov 2011 12:39:47 -0600) it happened Les Cargill wrote in :

Well if the paper price becomes more than the dollar price...

On a sunny day (Fri, 11 Nov 2011 09:25:34 -0700) it happened Jim Thompson wrote in :

Somebody always predicts the end of the world, complete with date and everything.

On a sunny day (Fri, 11 Nov 2011 10:51:50 -0600) it happened John Fields wrote in :

LOL

On a sunny day (Fri, 11 Nov 2011 09:38:43 -0800) it happened Fred Abse wrote in :

I am not sure, that UK pound is almost worth as much as the Euro, and it was worth much more when the Euro was created.

Hint #1: "Legal tender for all debts, public and private" Hint #2: "In God We Trust"

Nothing else need be said about your IQ.

Speak for yourself, I have no dept. I don't spend money I don't have.

Every thing I have is paid for.

Jamie

One UK pound will buy you 1.17 euro today. It was closer to 1.50 euros five years ago.

-- Bill Sloman, Nijmegen

eutschmark - that's what you mean isn't it? It isn't as if Britain isn't up= to its ears in trouble with their 'pounds sterling'.

Certainly not. It's a load of nonsense.Various historians have looked into that hypothesis, and the argument falls down as oon as you start looking at the details.

me reason - less corruption in Korea due to more Protestantism.

18.9% percentage of the South Korean population is Protestant, 10.9% Catholic, 22.8% Buddhist. I'd look for the difference elsewhere.

sed by the 'educated' chattering classes, not the workers.

Socialism is based on a sense of community, rather than entitlement or envy, and is espoused by people who feel themselves to be part of a community rather than a particular class. It does take a certain amount of education to appreciate that society is a cooperative organism, but where the schools don't train their pupils to equate socialism with communism, most people who manage to learn to read can get the message.

-- Bill Sloman, Nijmegen

They can get the message, they can even talk the message but they can't live the message. The schools are full of talk about tolerance and fairness and bullying is rife. Historians can prove anything they like but since they don't know everything, it doesn't really matter what they think they can prove. Do you think you know everything? Your stats on Korea are irrelevant. I was comparing China and Korea. A little salt makes a big difference.

No, they would go back to the Deutchmark.

Nobody with a fully functional country has ever gone broke.

Pretty much full stop. Not France, not Britain, not even Germany. Not nobody. The political instability comes *first*, then the looting.

Restated: Every country that ever went broke had stopped being functional *loooooong* before going broke. You go broke only when it becomes so apparent that you are a banana republic that not even the most vice-ridden will take the action.

Gor bless Hayek, but he had a particularly nasty run of history to base his theories on.

China can't make the interest payments on the interest payments.

*Go look at some numbers*. China is too busy with its own inflation as we speak. We have... (effectively) no inflation, haven't since about 1992. The noise floor for inflation is around 2-3%, and we have had about that or a point or two over ( remember - we actually have had some growth to go with it ) since my kids were wee things.

Other than a persistent, nagging ache of unemployment, we've never had it so good. The unemployment will end by the end of 24 more months, pretty much right on schedule.

-- Les Cargill