If the economy is on the brink of collapse?

[Cy Tolliver]

Why is one of Ohio's largest steel mills building a new Coke Plant, Cutting Edge Research Facility and Blast Furnace (billion dollar project) if our economy is on the brink of collapse?  Surely the CEO of this fortune 500 company is as intelligent as Samson?

I know a guy that just built an indoor sports facility.  He had to pay around $500k just to get some kind of gigantic concrete footings sunk into the dirt (river front) before he was even allowed to build.

Why is the kind of guy that has $500k for footers alone still investing in the United States (Midwest even) if our economy is ready to collapse?

Surely he's an intelligent man if he's got enough money to build a river front sports complex?

[Hereford]

America will never collapse.

We'll just borrow and print more money into eternity.

[Cy Tolliver]

America will never collapse.

We'll just borrow and print more money into eternity.

240 said something about the fact that the countries we owe don't have the means to "foreclose"...

That's interesting, wish I knew what the people running the show were really planing.

[240 is Back]

we will pay them back a lot of it - but it'll be in the form of resources.  Didn't china just pick up 1% of oil rights in some chunk of america?  I bet that'll be a lot higher than 1percent, a few decades from now.

There will be arm-twisting and dick measuring, rockets fired over traffic jams and earthquakes delivered to send messages...

but in the end, things will always pretty much be the same for us.  In 50 or 100 years, it'll look different as it'll get there gradually... but for us, we're really worrying about nothing.

[tonymctones]

we will pay them back a lot of it - but it'll be in the form of resources.  Didn't china just pick up 1% of oil rights in some chunk of america?  I bet that'll be a lot higher than 1percent, a few decades from now.

There will be arm-twisting and dick measuring, rockets fired over traffic jams and earthquakes delivered to send messages...

but in the end, things will always pretty much be the same for us.  In 50 or 100 years, it'll look different as it'll get there gradually... but for us, we're really worrying about nothing.

pretty much agree with this, we will pay countries back in resources and services they require and yes believe it that if the US gets put in a bad place it will break out the baby powder and backhand some bitches to remind the rest of the world what their places are in the grand scheme of things.

China will eventually have to meet the rest of the world on a level playing field, labor regulations, pollutions regs, quality regs etc...they have it nice right now b/c they are on the undeveloped/developed nation border line...when they become a developed nation they will be forced to play by the same rules as the rest of the world

[Cy Tolliver]

hmmmmm....

this was my first productive thread.