Maduro Asks OPEC For Help Against U.S. Sanctions

[Sukumar Ray + 52]

12 hours ago, Bhimsen Pachawry said:

Stealing from thieves is not theft but reclaiming. In Venezuela, the private companies were interfering in politics which they were not supposed to do. Otherwise they become criminals, not business.

 

About USA helping Russia, USA simply wanted to avoid bolshevik revolution and hence helped Russia. But USA was dead against USSR after the revolution. Only when forced to side with USSR due to WW2 where UK & USSR were against Germany, USA again joined the waron USSR side.

 

Venezuela must learn from China. China despite being a communist country has become the manufacturing hub of the world and opened doors to all big MNCs creating immense job opportunities and lifted millions from the poverty. China has become a true model of communist Capitalist and free market  economy. Venezuela's failure to fire growth engines and boost its economy despite having largest oil reserves point to something rotten deep inside and needs introspection rather than blaming USA. Venezuela's vibrant economy in the heydays of its  relationship with USA started diminishing along with  the relationship .  Venezuela started closing all doors to  (LPG) liberalization, privatization and globalization only to putting up nails around itself . Pursuing  failed ideologies of totalitarian communism has proven to be self imposed exile for its political leadership. 

[Bhimsen Pachawry + 72]

2 hours ago, Sukumar Ray said:

Venezuela must learn from China. China despite being a communist country has become the manufacturing hub of the world and opened doors to all big MNCs creating immense job opportunities and lifted millions from the poverty. China has become a true model of communist Capitalist and free market  economy. Venezuela's failure to fire growth engines and boost its economy despite having largest oil reserves point to something rotten deep inside and needs introspection rather than blaming USA. Venezuela's vibrant economy in the heydays of its  relationship with USA started diminishing along with  the relationship .  Venezuela started closing all doors to  (LPG) liberalization, privatization and globalization only to putting up nails around itself . Pursuing  failed ideologies of totalitarian communism has proven to be self imposed exile for its political leadership. 

Unlike China, Venezuela doesn't have enough Natural resources other than oil. Even the oil is heavy oil which needs imported diluents. 

 

Venezuela closed the doors on slavery, not private enterprises. Venezuelan people can make private companies but foreign ownership is not acceptable. It is always the case that the country with lesser amount of resources will be poorer. Venezuela did not have enough resources like iron, copper, lead etc to make anything itself. Its only resources is heavy petroleum which became useful only in 2000s when oil price increased.

Venezuelan only mistake was that it spent without any idea of keeping long term foreign exchange reserve. If Venezuela had budgeted for oil price of $50 when oil price was $100, today this recession would not come. That is the only mistake

[Sukumar Ray + 52]

4 minutes ago, Bhimsen Pachawry said:

Unlike China, Venezuela doesn't have enough Natural resources other than oil. Even the oil is heavy oil which needs imported diluents. 

 

Venezuela closed the doors on slavery, not private enterprises. Venezuelan people can make private companies but foreign ownership is not acceptable. It is always the case that the country with lesser amount of resources will be poorer. Venezuela did not have enough resources like iron, copper, lead etc to make anything itself. Its only resources is heavy petroleum which became useful only in 2000s when oil price increased.

Venezuelan only mistake was that it spent without any idea of keeping long term foreign exchange reserve. If Venezuela had budgeted for oil price of $50 when oil price was $100, today this recession would not come. That is the only mistake

This is absolute rubbish . Get your facts right.  What slavery ??  Free market is slavery ? Totalitarian dictatorship running the most corrupt regime at the mercy of military is not Slavery ??  Begging to OPEC members for bailout is not slavery ?? Hyperinflation , millions fleeing the country and living in Refugee Tents is not slavery? Anything which is US centric ,democratic, free market economy and capitalist is slavery ? Communist ideology ,  dictatorship , tyrannical regime , China centric is the Best Model Economy ??  What a logic Mr. PachAwry, your leftist mind has really gone Awry that is why you are looking everything wrong in the Right. 

[Bhimsen Pachawry + 72]

4 hours ago, Sukumar Ray said:

This is absolute rubbish . Get your facts right.  What slavery ??  Free market is slavery ? Totalitarian dictatorship running the most corrupt regime at the mercy of military is not Slavery ??  Begging to OPEC members for bailout is not slavery ?? Hyperinflation , millions fleeing the country and living in Refugee Tents is not slavery? Anything which is US centric ,democratic, free market economy and capitalist is slavery ? Communist ideology ,  dictatorship , tyrannical regime , China centric is the Best Model Economy ??  What a logic Mr. PachAwry, your leftist mind has really gone Awry that is why you are looking everything wrong in the Right. 

Retard, market in US dollars where USA can sanction is not free market but USA market. How is it free market? First have common sense that free market can't be in someone else's currency.

Also, I am not a leftist or a capitalist. I don't adhere to western concept of communism or capitalism. You appear to be an imperial slave. Calling petrodollar alliance where USA made a deal with Arabs to fund Islamic fighters (mujahideen) and proxies in return for oil to be sold in dollars is not called free market.

The US dollar became international currency because of USA funding jihadis in Afghanistan, Kashmir, Yugoslavia,  chechnya etc. This is not free market unlike what you claim

Edited February 21, 2019 by Bhimsen Pachawry

[Illurion + 894]

21 hours ago, Bhimsen Pachawry said:

Stealing from thieves is not theft but reclaiming. In Venezuela, the private companies were interfering in politics which they were not supposed to do. Otherwise they become criminals, not business.

 

About USA helping Russia, USA simply wanted to avoid bolshevik revolution and hence helped Russia. But USA was dead against USSR after the revolution. Only when forced to side with USSR due to WW2 where UK & USSR were against Germany, USA again joined the waron USSR side.

 

You obviously did not pay attention in world history class......

 

USA tried to help save the Romanov family because it was the right thing to do.

USA helped Russia in WW1 because it was the right thing to do.

USA helped Russia in WW2 because it was the right thing to do.

USA helped prop up Russia after the collapse of the USSR because it was the right thing to do.

 

The USA and Russia are competitors,  not enemies.........

But Russia seems to feel otherwise......

So we respond with defense systems to "expect the unexpected"...

 

Hopefully,  we can convince the Russians some day.

[Illurion + 894]

5 hours ago, Bhimsen Pachawry said:

Unlike China, Venezuela doesn't have enough Natural resources other than oil. Even the oil is heavy oil which needs imported diluents. 

 

Venezuela closed the doors on slavery, not private enterprises. Venezuelan people can make private companies but foreign ownership is not acceptable. It is always the case that the country with lesser amount of resources will be poorer. Venezuela did not have enough resources like iron, copper, lead etc to make anything itself. Its only resources is heavy petroleum which became useful only in 2000s when oil price increased.

Venezuelan only mistake was that it spent without any idea of keeping long term foreign exchange reserve. If Venezuela had budgeted for oil price of $50 when oil price was $100, today this recession would not come. That is the only mistake

Foreign ownership and investment is WHAT BUILT VENEZUELA.........

Nationalizing and stealing those assets was Venezuela's first mistake..

The first of many mistakes........

The Venezuelan military murdering their own citizens who oppose Maduro is their LATEST mistake......

[ronwagn + 6,290]

On 2/14/2019 at 10:53 AM, panditji said:

I really hope the Russians step up and sort out the Venezuelan crisis.. Putin and China combined can stop the US from meddling as usual..

We can also stop trading with China. That might be a good idea anyway. https://oilprice.com/Energy/Crude-Oil/Trump-Takes-Aim-At-Maduro-Threatens-Oil-Embargo.html

[ronwagn + 6,290]

21 hours ago, Sukumar Ray said:

Venezuela must learn from China. China despite being a communist country has become the manufacturing hub of the world and opened doors to all big MNCs creating immense job opportunities and lifted millions from the poverty. China has become a true model of communist Capitalist and free market  economy. Venezuela's failure to fire growth engines and boost its economy despite having largest oil reserves point to something rotten deep inside and needs introspection rather than blaming USA. Venezuela's vibrant economy in the heydays of its  relationship with USA started diminishing along with  the relationship .  Venezuela started closing all doors to  (LPG) liberalization, privatization and globalization only to putting up nails around itself . Pursuing  failed ideologies of totalitarian communism has proven to be self imposed exile for its political leadership. 

China became a success through fascist capitalism where capitalism is the engine of growth but is controlled by the government. It requires the people to be virtual slaves to the state. China is a totalitarian dictatorship just as Hitler's Germany was. China has technology that makes any prior dictatorship look amateurish. China is communist in name only. Communism never works. 

China Stories https://docs.google.com/document/d/1Wb2YoQGpSWTz32ljsiA_ey6FLVqc2Dpe7Fnpiqn9lBs/edit

Edited February 22, 2019 by ronwagn
addition

[Sukumar Ray + 52]

15 hours ago, Bhimsen Pachawry said:

Retard, market in US dollars where USA can sanction is not free market but USA market. How is it free market? First have common sense that free market can't be in someone else's currency.

Also, I am not a leftist or a capitalist. I don't adhere to western concept of communism or capitalism. You appear to be an imperial slave. Calling petrodollar alliance where USA made a deal with Arabs to fund Islamic fighters (mujahideen) and proxies in return for oil to be sold in dollars is not called free market.

The US dollar became international currency because of USA funding jihadis in Afghanistan, Kashmir, Yugoslavia,  chechnya etc. This is not free market unlike what you claim

Loads of Cow dung 

[John Foote + 1,135]

15 hours ago, Illurion said:

You obviously did not pay attention in world history class......

 

USA tried to help save the Romanov family because it was the right thing to do.

USA helped Russia in WW1 because it was the right thing to do.

USA helped Russia in WW2 because it was the right thing to do.

USA helped prop up Russia after the collapse of the USSR because it was the right thing to do.

 

The USA and Russia are competitors,  not enemies.........

But Russia seems to feel otherwise......

So we respond with defense systems to "expect the unexpected"...

 

Hopefully,  we can convince the Russians some day.

I did pay attention history. Make sure you read more than an American high school textbook.

Romanov's were corrupt, serf economy, and deserved the revolution. Gross inherited wealth, power, the notion of divine right, history will take that system down. ALWAYS. The USA had a very marginal impact, and the Romanov's were idiots to get sucked into WWi. Without that, they'd have had the strength to put down Lenin and Co. Prior to Stalin taking over Lenin had pragmatically relaxed most of what we have come to call communism and had the fastest growing economy in the world, but it was most free market stuff. The great party machine hadn't taken over, and the folks were free from the yoke of the Romanov's system. 

Russia did far, far, far more to win WWII than the USA. Hitler's hubris to attack Russia, and his doom. Yes, the USA helped Russia quite a bit, but after the Battle of Stalingrad the German's were essentially defeated, it just took a couple more years. USA was the mop up operation. FDR, and Churchill, promised to allow eastern Europe to be vassal states. Truman, with Churchill egging him on, backed out of the agreement. Russia in European history mostly gets beat up, Napoleon, the Germans, the Germans. Russia.

No apologist for Russia. Putin is a thug, the USSR was a mess. Centralized controlled economies and rigid systems are not the way to go. I enjoyed being a cold war soldier (USAF).

But the USA, never really been Russia's savior. And we failed to "Marshall Plan" them after the Cold War. The USSR was part of the orginal Marshall Plan but backed out. Had we not gloated and kept them down after the USSR collaspe, maybe, just maybe, we'd be aligned. Probably not, but we (West) did a lot of the wrong things because we could. I don't think they are a credible threat. Too poor, too poorly run. China, they are a threat, but it's economics, not nukes. They can make things messy, but not a fundamental threat. 

[Bhimsen Pachawry + 72]

9 hours ago, Sukumar Ray said:

Loads of Cow dung 

When unable to answer my question,you just make nonsensical statement. 

[Bhimsen Pachawry + 72]

On 2/21/2019 at 7:17 PM, Illurion said:

USA tried to help save the Romanov family because it was the right thing to do.

That is a poor justification

On 2/21/2019 at 7:17 PM, Illurion said:

USA helped Russia in WW1 because it was the right thing to do.

USA entered the war in 1917 to help UK. USA-UK are twin countries.Same with WW2.

Russia had already won battle of Stalingrad and Germans were on the back foot when USA entered. Again,USA entered to help UK. Remember that UK started the war

On 2/21/2019 at 7:17 PM, Illurion said:

USA helped prop up Russia after the collapse of the USSR because it was the right thing to do

See, money doesn't save people. Russia had enough food for survival. Only the accounting system was a mess. USA loans only helped accounting system which could have been managed by Russia via various other means like nationalisation, rationing etc as seen in North Korea. USA just wanted to strangle Russia by taking advantage. USA took all Russian technology by infiltration of Russian administration via this bail out. USA prevented Russia from lashing out by war and helped itself cement petrodollar even in USSR led states by giving loans

11 hours ago, ronwagn said:

We can also stop trading with China. That might be a good idea anyway. https://oilprice.com/Energy/Crude-Oil/Trump-Takes-Aim-At-Maduro-Threatens-Oil-Embargo.html

USA stopping trade with China will be just like Venezuela stopping trade with USA. USA needs China more than other way around. China gets very little goods and essentially loans USA lot of Yuans by keeping over 3 trillion dollar of USA dollar bonds as collateral.

[John Foote + 1,135]

9 hours ago, Bhimsen Pachawry said:

USA entered the war in 1917 to help UK. USA-UK are twin countries.Same with WW2.

Russia had already won battle of Stalingrad and Germans were on the back foot when USA entered. Again,USA entered to help UK. Remember that UK started the war

I enjoy your perspectives, but WWII, you pretty have to credit the Japanese and Pearl Harbor for getting the USA to jump in. The USA actually lobbied Russia to open up a front with the Japanese to help the Americans.  Roosevelt had been doing a "lend-lease" thing to both England and the U.S.S.R. prior to Pearl Harbor. D-Day was actually about a year behind schedule.

It's worth noting there are more Americans of German descent than English. Without Japan attacking the US, FDR probably couldn't have sold the public on a war against Germany.  And back then most Americans hadn't a real clue what communism was. FDR's term for Stalin was "Uncle Joe." Hitler and Germany were caught off guard knowing this would pull the US formally into the war.

Perhaps the Treaty of Versailles after WW1 set the plate for Germany's pursuit of WW2, but England certainly didn't launch the ground war. England was still in the Empire days sucking off the Indian subcontinent, among other places. 

Edited February 22, 2019 by John Foote
without, not with

[ronwagn + 6,290]

8 hours ago, Bhimsen Pachawry said:

That is a poor justification

USA entered the war in 1917 to help UK. USA-UK are twin countries.Same with WW2.

Russia had already won battle of Stalingrad and Germans were on the back foot when USA entered. Again,USA entered to help UK. Remember that UK started the war

See, money doesn't save people. Russia had enough food for survival. Only the accounting system was a mess. USA loans only helped accounting system which could have been managed by Russia via various other means like nationalisation, rationing etc as seen in North Korea. USA just wanted to strangle Russia by taking advantage. USA took all Russian technology by infiltration of Russian administration via this bail out. USA prevented Russia from lashing out by war and helped itself cement petrodollar even in USSR led states by giving loans

USA stopping trade with China will be just like Venezuela stopping trade with USA. USA needs China more than other way around. China gets very little goods and essentially loans USA lot of Yuans by keeping over 3 trillion dollar of USA dollar bonds as collateral.

Addressing your last paragraph. https://theblacksphere.net/2019/02/trump-crushing-china-trade-war/

China Stories https://docs.google.com/document/d/1Wb2YoQGpSWTz32ljsiA_ey6FLVqc2Dpe7Fnpiqn9lBs/edit#

[John Foote + 1,135]

1 hour ago, ronwagn said:

Addressing your last paragraph. https://theblacksphere.net/2019/02/trump-crushing-china-trade-war/

China Stories https://docs.google.com/document/d/1Wb2YoQGpSWTz32ljsiA_ey6FLVqc2Dpe7Fnpiqn9lBs/edit#

In a curious way we got them where we want them, they can't let us fail. Their success is hyper-dependent on our success.

Still, I preferred it when we weren't a debtor nation. If the WW2 generation was the greatest generation, the baby boomers were the generation that said "charge it" on an epic scale. We declined to pay the piper. A sad legacy for to leave our kids.

[ronwagn + 6,290]

12 minutes ago, John Foote said:

In a curious way we got them where we want them, they can't let us fail. Their success is hyper-dependent on our success.

Still, I preferred it when we weren't a debtor nation. If the WW2 generation was the greatest generation, the baby boomers were the generation that said "charge it" on an epic scale. We declined to pay the piper. A sad legacy for to leave our kids.

I am definitely for paying down the debt, and it needs to happen. The problem is that many of our voters want something for nothing. Politicians have learned how to buy votes with more social programs.

Democrats are now ready to go all the way to bankruptcy with free college, forgiving student loans, and Medicare for all. They actually are following the Cloward and Piven strategy. https://en.wikipedia.org/wiki/Cloward–Piven_strategy

[Bhimsen Pachawry + 72]

5 hours ago, ronwagn said:

Addressing your last paragraph. https://theblacksphere.net/2019/02/trump-crushing-china-trade-war/

China Stories https://docs.google.com/document/d/1Wb2YoQGpSWTz32ljsiA_ey6FLVqc2Dpe7Fnpiqn9lBs/edit#

The foreign debt of over 6 trillion dollars is my emphasis. The internal debt can be managed in one way or another. But foreign debt of USA is simply too large and USA continues to take more debt every year with current account deficit of $500 billion. That is where the problem arises.

4 hours ago, John Foote said:

In a curious way we got them where we want them, they can't let us fail. Their success is hyper-dependent on our success.

Still, I preferred it when we weren't a debtor nation. If the WW2 generation was the greatest generation, the baby boomers were the generation that said "charge it" on an epic scale. We declined to pay the piper. A sad legacy for to leave our kids.

Just think of yourself as a bank which lends. You have lent $10 billion for a company and it has repaid only $4 billion. It continues to borrow $500 million every year and shows no sign of repayment. Would you still keep lending or will you cut your losses?

That is the situation with USA. USA has nothing to give anyone except for electronics and arms.

Electronicsis a non critical good and other countries like China already has 22nm technology. So, this is not something that can be used as a big leverage.

The arms of USA can't be given beyond a point as that can result in the buyer becoming stronger than USA or its allies by either buying too much or by reverse engineering & learning.

So, USA has no way of repayment for its big debt. USA manufacturing is very small and relies on service provision and returns on foreign investment for its income. This is also very erratic source as the service and investment income can be cut down by foreign countries by changing tax structures.

Essentially USA has very limited way of repayment and hence is appearing like a sick country which keeps sucking everything into it like a black hole without any signs of giving out anything. This may in turn make the foreign creditors to cut down on their losses and stop selling USA altogether.

The first signs are already visible of foreign countries cutting down on USA. Arabs have asked USA to not buy oil until their foreign deficit is fixed. Only a small amount of oil will be provided for maintaining bases in middle east. The agreement of petrodollar required USA to maintain fiscal balance which has now been breached and hence selling oil to USA in return for the treasury bonds make little sense. This has prompted USA from increasing its oil production and withdrawing from middle east, Afghanistan etc. When many people were blaming Trump for being jingoist, the reality was that the decision was actually well calculated.

All in all, I would not say that USA is in a good position 

[ronwagn + 6,290]

1 hour ago, Bhimsen Pachawry said:

The foreign debt of over 6 trillion dollars is my emphasis. The internal debt can be managed in one way or another. But foreign debt of USA is simply too large and USA continues to take more debt every year with current account deficit of $500 billion. That is where the problem arises.

Just think of yourself as a bank which lends. You have lent $10 billion for a company and it has repaid only $4 billion. It continues to borrow $500 million every year and shows no sign of repayment. Would you still keep lending or will you cut your losses?

That is the situation with USA. USA has nothing to give anyone except for electronics and arms.

Electronicsis a non critical good and other countries like China already has 22nm technology. So, this is not something that can be used as a big leverage.

The arms of USA can't be given beyond a point as that can result in the buyer becoming stronger than USA or its allies by either buying too much or by reverse engineering & learning.

So, USA has no way of repayment for its big debt. USA manufacturing is very small and relies on service provision and returns on foreign investment for its income. This is also very erratic source as the service and investment income can be cut down by foreign countries by changing tax structures.

Essentially USA has very limited way of repayment and hence is appearing like a sick country which keeps sucking everything into it like a black hole without any signs of giving out anything. This may in turn make the foreign creditors to cut down on their losses and stop selling USA altogether.

The first signs are already visible of foreign countries cutting down on USA. Arabs have asked USA to not buy oil until their foreign deficit is fixed. Only a small amount of oil will be provided for maintaining bases in middle east. The agreement of petrodollar required USA to maintain fiscal balance which has now been breached and hence selling oil to USA in return for the treasury bonds make little sense. This has prompted USA from increasing its oil production and withdrawing from middle east, Afghanistan etc. When many people were blaming Trump for being jingoist, the reality was that the decision was actually well calculated.

All in all, I would not say that USA is in a good position 

You have a very strange way of looking at the world. Here are the facts. 

https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)

Edited February 23, 2019 by ronwagn
error

[Bhimsen Pachawry + 72]

1 hour ago, ronwagn said:

You have a very strange way of looking at the world. Here are the facts. 

https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)

USA GDP is based on political alliance of petrodollar and huge foreign borrowing. Just like we saw how despite big GDP, countries like South Korea, Japan etc crashed in 1990s, how Greece, Italy, Spain had to be bailed out, how USAcrashed in 2008 and had to resort to printing dollars in violation of rules yo be accepted as international currency, how USSR collapsed in 1980-90 and so on.

What matters at the end of the day is - production. How much quantity of production of goods happen, either agriculture or manufacturing. GDP including service or market costs is meaningless. GDP purely based on quantity of production is what really matters. Qualitative aspects and services are unstable sources of income

Edited February 23, 2019 by Bhimsen Pachawry

[John Foote + 1,135]

18 hours ago, ronwagn said:

IDemocrats are now ready to go all the way to bankruptcy with free college, forgiving student loans, and Medicare for all. They actually are following the Cloward and Piven strategy. https://en.wikipedia.org/wiki/Cloward–Piven_strategy

Realize of course the great con job implying Republicans are better with the debt. They are worse, far worse. Now what they spend the money is different.

Reagan made us debtor nation, Bush41 was normal, OMG Bush43, and Trump doubles down on fiscal irresponsibility like no one we've seen. What has worked best, dem President, with a split or Republican congress to hold in check. 

Fiscal responsibility doesn't get elected much. There are a few real ones out there, but typically marginalized. 

[John Foote + 1,135]

12 hours ago, Bhimsen Pachawry said:

 GDP including service or market costs is meaningless. GDP purely based on quantity of production is what really matters. Qualitative aspects and services are unstable sources of income

Services are fact, and huge part of the advanced world. The number of people employed in services is huge. I happen to personally be dismissive of many aspects, especially in the hocus pocus financial sector, but services do matter. What is the geologist advising a drilling company? And how are you accounting for software and data industries. Lots of people involved, but it's not manufacturing. More and more technology is rendering touch labor superfluous, especially in manufacturing and agriculture. 

[ronwagn + 6,290]

1 hour ago, John Foote said:

Realize of course the great con job implying Republicans are better with the debt. They are worse, far worse. Now what they spend the money is different.

Reagan made us debtor nation, Bush41 was normal, OMG Bush43, and Trump doubles down on fiscal irresponsibility like no one we've seen. What has worked best, dem President, with a split or Republican congress to hold in check. 

Fiscal responsibility doesn't get elected much. There are a few real ones out there, but typically marginalized. 

Republican spending is mainly for defense. We need to get a lot more bang for our buck and avoid stupid wars. It seems that we wasted a lot of money in the Middle East due to our "Military Industrial Complex". That needs to be controlled as does the size of government, welfare, illegal alien welfare, Benefits that are too high for government workers versus the private sector etc. etc. 

What the liberals and socialists are proposing is absolute insanity. RINOS have gone along with some of it over the years, but it is time to totally change directions. There is really no room for new programs unless something else is cut. Republicans have a much better handle on what spending is essential. Good border security is essential. 

[ronwagn + 6,290]

On 2/20/2019 at 8:11 AM, Bhimsen Pachawry said:

Stealing from thieves is not theft but reclaiming. In Venezuela, the private companies were interfering in politics which they were not supposed to do. Otherwise they become criminals, not business.

 

About USA helping Russia, USA simply wanted to avoid bolshevik revolution and hence helped Russia. But USA was dead against USSR after the revolution. Only when forced to side with USSR due to WW2 where UK & USSR were against Germany, USA again joined the waron USSR side.

 

Bhimsen, you follow the communist party line very closely. I would like people to realize that. Have a good day. 

[Bhimsen Pachawry + 72]

8 hours ago, ronwagn said:

Bhimsen, you follow the communist party line very closely. I would like people to realize that. Have a good day. 

Branding people as communist is retarded. I am not communist nor capitalist. If you wish, roughly I am a nationalist.

Communist is a retard who thinks all are equal. Capitalist is a crony who says that wealth alone matters and live like animals. I am neither if these craziness.

I stand by "kibbutz" styled nationalism where merit alone matters and division of labour is not just for money but for "purpose of life".

I guess you ran out of argument and hence deriding others

Edited February 24, 2019 by Bhimsen Pachawry

[Bhimsen Pachawry + 72]

9 hours ago, John Foote said:

Services are fact, and huge part of the advanced world. The number of people employed in services is huge. I happen to personally be dismissive of many aspects, especially in the hocus pocus financial sector, but services do matter. What is the geologist advising a drilling company? And how are you accounting for software and data industries. Lots of people involved, but it's not manufacturing. More and more technology is rendering touch labor superfluous, especially in manufacturing and agriculture. 

Service sector unless those of scholars (older times were called clergy), it is nothing but useless. These involve people like prostitute, entertainment, sports etc which serve very little purpose. Only some service matters like those of high quality education (not the useless people & liberals who become teachers because they could get no better job) and productive service like supervision, management etc.

Butin USA, majority of the service is about tourism, financial management, stock market etc which serves very little purpose by itself and runs like a parasite taking a cit from the actual producers