What ever has happened has happened for good

[lovemattersme]

This is my personal view and my first post in this forum.

I had always been thinking that World War was coming near. Because in the last 8 years some (developing & developed) countries got richer very fast and this started creating a unfair.

If financial crisis hadn't happened I personally believed that World War was near.

i might be totally wrong.

[bahroor]

Cool, so now that there is a financial crisis, ie credit crunch, no wars? Or world wars at least?

[lovemattersme]

I dont no about the future but for now (5-8 years) there would be no big wars.

I dont have any knowledge about economics or anything related to that. But i always have one question regarding this.

What would happen if every country in this World would be a developed country?

[GDFLS]

I dont have any knowledge about economics or anything related to that.

I could see why this message board would appeal to you then :tongue:

[madcowdisease]

This is my personal view and my first post in this forum.

I had always been thinking that World War was coming near. Because in the last 8 years some (developing & developed) countries got richer very fast and this started creating a unfair.

If financial crisis hadn't happened I personally believed that World War was near.

i might be totally wrong.

The problem is look at the last cataclysmic decline the collective world experienced. The depression of the 1930s ushered in the conditions for World War II. Nothing will jump start an economy quite like a war. In fact, wars are very good at stimulating economies. You have to build stuff and then go and send it off to be blown up just so you can build more. Spending increases immensely, massive credit is extended, and people possess a nationalist ferver that makes them want to be productive in the manufacturing process.

In fact I would not be the least bit surprised if this is the final outcome of this financial eff up. I'm not going to say this will happen soon but we could very well see major war in the next decade if things do not improve.

[Survivor]

War is Bull Sh*t. Either way I suggest you pick up a weapon
and fight whatever those sissy's in Washington see fit.
Bush or any other war monger or profiteer should lead us
into battle. The cowards hide while good folks die.
Old men sit around and plot young mens deaths...:thefinger:

[lovemattersme]

Thanks madcowdisease. I got your point.

[retardude48]

Cool, so now that there is a financial crisis, ie credit crunch, no wars? Or world wars at least?

HAHAHAHAH, that is pretty true. Iceland is apparently "bankrupt" and is borrowing money.

[madcowdisease]

Thanks madcowdisease. I got your point.

You're welcome

[OptionsPlease]

Lets look at what war did to Japan in the 1940s on a economic side. They had two nuclear bombs dropped on two major cities and yet they are more advanced today then the U.S.A in technology and growth. Lets see how that happened they basically started from scratch and instead of making consumer goods 10 fold over capital goods like the U.S.A they choose to make capital goods 10 fold over consumer goods. This means that they where buying goods that could turn around and make capital or profit and not depreciate like consumer goods...... Their growth advanced and technology flourished.

[lovemattersme]

madcowdisease I have a question for you.

Can all(or most of) the countries be a Developed Country(like Japan, USA, etc..)?

[madcowdisease]

Lets look at what war did to Japan in the 1940s on a economic side. They had two nuclear bombs dropped on two major cities and yet they are more advanced today then the U.S.A in technology and growth. Lets see how that happened they basically started from scratch and instead of making consumer goods 10 fold over capital goods like the U.S.A they choose to make capital goods 10 fold over consumer goods. This means that they where buying goods that could turn around and make capital or profit and not depreciate like consumer goods...... Their growth advanced and technology flourished.

I assume you're refering to "the Japanese miracle" that lead to a small island nation being one of the world's manufacturing powerhouses from after WW2 up thru the 1980s. The catalyst for this rise was the Korean War in the 1950s. In fact, Toyota was a tiny company on the verge of going out of business and look at it now. With the UN launching attacks from Japan the country was pumped full of capital and manufacturing for war was in high demand from Japanese factories. Japan out performed it's war-torn counterparts in Europe despite, for the most part, being shut out of the Marshall Plan. It's amazing what a war will do for an economy.

But the one thing that persisted in Japan was the Bank of Japan insistence on easy money since it is good for exports. Interest rates were kept extremely low, to the point prime was near 2%. This led to the asset bubble of the 80s where Japan experienced a meteoric rise in real estate prices (sound familiar). Once the bubble popped in 1989-1990 Japan spent nearly a decade and a half trying to recover from a deflationary depression. To this day the BoJ keeps the Yen at roughly 0% interest to assist in exports. A rising Yen is anathema to Japan. The whole country has been built on easy money.

[madcowdisease]

madcowdisease I have a question for you.

Can all(or most of) the countries be a Developed Country(like Japan, USA, etc..)?

The answer depends on how you define developed. For the most part I would argue that most of the countries in the world are well developed. However, the definition of developed is ever changing. If you were to base it on medical advancements there are few countries where malaria is a problem but they so exist -- mostly sub-Saharan Africa. Many problems of the past (e.g rickets) are no longer a concern. Therefore, as a species we have made great strides in the past 150 years.

On the other hand, I am uncertain the world can support a global population of 6 billion people that choose to live like and enjoy the excesses that we do as Americans and the rest of the Western world. I'm not sure there are enough trees for paper and lumber, nor coal or gas to heat the homes, or iron ore for the steel in highways, bridges, buildings, and cars. I do not know what the carrying capacity of this planet is but given we had an oil scare this past summer -- granted much of the price appreciation past $80/bl I publicly stated was speculation -- and this country uses 25-30% of the world's oil on a given day I don't think we can have $6 billion people living like Americans do without making some major technological advancements.

[lovemattersme]

In fact I would not be the least bit surprised if this is the final outcome of this financial eff up. I'm not going to say this will happen soon but we could very well see major war in the next decade if things do not improve.

Sir,

I think China will be a democratic country in the next 5 years...:)

[aiki14]

Sir,

I think China will be a democratic country in the next 5 years...:)

I think China will be a democratic country when chickens have lips.

[tlsurfsupper]

Sir,

I think China will be a democratic country in the next 5 years...:)

If "we" keep getting what "we" ask for, China will be more democratic than the US in 5 years.

[lovemattersme]

I think China will be a democratic country when chickens have lips.

Sir,

You have not noticed the new alliances formed to get the good work done...;)

[aiki14]

Sir,

You have not noticed the new alliances formed to get the good work done...;)

I have seen first hand the repression of the people, the entrenchment of the oligarchy, the utter lack of infrastructure in the rural backcountry, and the air you can eat with a spoon in the urban areas. I have seen the corruption at the local and subnational level that stifles honest business, I have seen the censorship of the press and the people via the gov't ownership of all news outlets and restriction of internet access.
You can have your little happy face, and talk about "new alliances" which you don't actually specify, but to suggest that that monolithic oligarchy will turn itself into anything remotely resembling a representative government is absurd.

[Zeb]

I assume you're refering to "the Japanese miracle" that lead to a small island nation being one of the world's manufacturing powerhouses from after WW2 up thru the 1980s.

Japans miracle bounce back was soley because the US poured money into the country with the hopes that it would bring democracy to Japan and prevent the Soviets from taking over.