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Thread: Random Thought Thread

  1. #62661
    Senior Member Array Grand Admiral Crunch's Avatar
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    Quote Originally Posted by SearchingforPeace View Post
    She was not clear, obviously.

    The US had a severe balance of payments issue during the Cold War. This is especially dangerous when on the gold standard. The US didn't export or import much in the 50 and 60s. Trade was such a minor part of the economy prior to the 70s. We sold a lot of military hardware and gave a lot of foreign aid, so balancing it out was a problem.

    Letting oil companies avoid taxation by using Panama worked. It also worked to get liquid assets of all types.

    We could easily put in place a new tax regime to deal with all this, but they don't want to do it. Do you really believe Panama could do this on its own? It has been a virtual colony since Teddy split it off from Colombia. We outsed Noriega not that long ago.

    The rich and powerful around the world avoid taxes. The rest of us are screwed. Pure and simple.
    I thought after WWII we had a boom and were exporting a lot, because the rest of the world was screwed, but maybe I'm confused.

    I believe that it is a tax haven, but it purposefully being made to be tax haven, like they planned it all along, sounds like conspiracy theory land. But maybe it is true. Some conspiracies are true.

  2. #62662
    good, hot, fresh, fly ~ Array laterlazer's Avatar
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    Sugar-free mints = Fart-ful day?

  3. #62663
    breaking out of my cocoon Array SearchingforPeace's Avatar
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    Quote Originally Posted by Grand Admiral Crunch View Post
    I thought after WWII we had a boom and were exporting a lot, because the rest of the world was screwed, but maybe I'm confused.

    I believe that it is a tax haven, but it purposefully being made to be tax haven, like they planned it all along, sounds like conspiracy theory land. But maybe it is true. Some conspiracies are true.
    We didn't need anything and consumed almost everything domestically. We exported some, but it was mostly on foreign aid programs (we gave money to buy US goods)..

    The European nations were producing heavily by the 50s, as was the Japanese. They were not down for that long.

    But we spent so much on foreign aid and war.....so many billions. And we couldn't just print dollars on the gold standard, unlike today............
    Quote Originally Posted by Archilochus
    The fox knows many things--the hedgehog one big one.
    And I am not a hedgehog......

    -------------------

    Jesus said "Blessed are the peacemakers" not "blessed are the conflict avoiders.....

    9w8 6w5 4w5 sx/so
    Likes Grand Admiral Crunch liked this post

  4. #62664
    Senior Member Array Lark's Avatar
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    Quote Originally Posted by SearchingforPeace View Post
    We didn't need anything and consumed almost everything domestically. We exported some, but it was mostly on foreign aid programs (we gave money to buy US goods)..

    The European nations were producing heavily by the 50s, as was the Japanese. They were not down for that long.

    But we spent so much on foreign aid and war.....so many billions. And we couldn't just print dollars on the gold standard, unlike today............
    Gold standatds? Oh FFS....

    History does repeat itself, tragedy and farce...

  5. #62665
    Senior Member Array Lark's Avatar
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    Quote Originally Posted by SearchingforPeace View Post
    Its just possible I'm a heartless bastard but I think those millionaires dont really deserve any sympathy at all

  6. #62666
    breaking out of my cocoon Array SearchingforPeace's Avatar
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    Quote Originally Posted by Lark View Post
    Gold standatds? Oh FFS....

    History does repeat itself, tragedy and farce...
    Did you read the preceeding posts or just this one? I don't advocate a gold standard but balance of payments mattered back then.....which is what the video I posted discusses with regards to Panama's development as a tax haven....
    Quote Originally Posted by Archilochus
    The fox knows many things--the hedgehog one big one.
    And I am not a hedgehog......

    -------------------

    Jesus said "Blessed are the peacemakers" not "blessed are the conflict avoiders.....

    9w8 6w5 4w5 sx/so

  7. #62667
    breaking out of my cocoon Array SearchingforPeace's Avatar
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    Quote Originally Posted by Lark View Post
    Its just possible I'm a heartless bastard but I think those millionaires dont really deserve any sympathy at all
    Who said they did??????? Not the video and not me......
    Quote Originally Posted by Archilochus
    The fox knows many things--the hedgehog one big one.
    And I am not a hedgehog......

    -------------------

    Jesus said "Blessed are the peacemakers" not "blessed are the conflict avoiders.....

    9w8 6w5 4w5 sx/so

  8. #62668
    Senior Member Array Lark's Avatar
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    I am not seeing posts again, maybe this time I sm banned

  9. #62669
    breaking out of my cocoon Array SearchingforPeace's Avatar
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    It really sucks trying to put in a week of work in just 2 days..... oh, well...
    Quote Originally Posted by Archilochus
    The fox knows many things--the hedgehog one big one.
    And I am not a hedgehog......

    -------------------

    Jesus said "Blessed are the peacemakers" not "blessed are the conflict avoiders.....

    9w8 6w5 4w5 sx/so

  10. #62670
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    Gosh darn it... I wish I could borrow some Te right now... I think I scared away all the STJs.
    Likes geedoenfj liked this post

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