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What on earth are you on about? He said they did not save during boom times, so it is a human mistake, not some collapse of empire ( I didn't know America is an

by Ardit20 16y ago

What on earth are you on about? He said they did not save during boom times, so it is a human mistake, not some collapse of empire ( I didn't know America is an empire btw, I thought it was a country.)

madair 16y ago
You didn't know that America is an empire? The most powerful country that has ever existed? The one by which every other major power measures themselves? Time to do some reading I think, TV rots ur brain ;) What you need to realize is that a minuscule percentage of economists will agree with your "saving during boom times". The money system just doesn't work like that. As I said, my second part was reactionary to his moniker in relation to his comment, his comment is populist rhetoric and is completely incorrect from a strictly capitalist view. People who call themselves capitalists should at least bother to get it.
- Ardit20 16y ago
  I thought an empire is created when you occupy other countries and impose your system upon them. Like Rome was an empire because it stretched way above the borders or rome, or Mongolia, or persia, though maybe I have a wrong definition of empire. But it seems that wikepedia agrees with me: "Politically, an empire is a geographically extensive group of states and peoples (ethnic groups) united and ruled either by a monarch (emperor, empress) or an oligarchy. Geopolitically, the term empire has denoted very different, territorially-extreme states"
  - madair 16y ago
    Ahaha so it's about semantics. lol, take your time, then go read some Fukuyama and a few state department statements.
    - Ardit20 16y ago
      Its not about semantics, it is about connecting a word to reality. America is not an empire. It is perhaps the most successful country on earth, it has great influence, but it is just a country. It might however be trying to become an empire with all those invasions, but it is hardly there yet.

by Ardit20 16y ago

madair 16y ago

You didn't know that America is an empire? The most powerful country that has ever existed? The one by which every other major power measures themselves? Time to do some reading I think, TV rots ur brain ;) What you need to realize is that a minuscule percentage of economists will agree with your "saving during boom times". The money system just doesn't work like that. As I said, my second part was reactionary to his moniker in relation to his comment, his comment is populist rhetoric and is completely incorrect from a strictly capitalist view. People who call themselves capitalists should at least bother to get it.

Ardit20 16y ago
I thought an empire is created when you occupy other countries and impose your system upon them. Like Rome was an empire because it stretched way above the borders or rome, or Mongolia, or persia, though maybe I have a wrong definition of empire. But it seems that wikepedia agrees with me: "Politically, an empire is a geographically extensive group of states and peoples (ethnic groups) united and ruled either by a monarch (emperor, empress) or an oligarchy. Geopolitically, the term empire has denoted very different, territorially-extreme states"
- madair 16y ago
  Ahaha so it's about semantics. lol, take your time, then go read some Fukuyama and a few state department statements.
  - Ardit20 16y ago
    Its not about semantics, it is about connecting a word to reality. America is not an empire. It is perhaps the most successful country on earth, it has great influence, but it is just a country. It might however be trying to become an empire with all those invasions, but it is hardly there yet.