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America's Economic prosperity

  • 12-03-2015 7:19pm
    #1
    Fubrege
    Banned (with Prison Access) Posts: 25 ✭


    What factors have made the United States of America the wealthiest nation in the world?


«1

Comments

  • #2
    Fr_Dougal
    Registered Users, Registered Users 2 Posts: 9,166 ✭✭✭Fr_Dougal


    Fubrege wrote: »
    What factors have made the United States of America the wealthiest nation in the world?

    When is your assignment due?


  • #3
    Kristopherus
    Registered Users, Registered Users 2 Posts: 11,907 ✭✭✭✭Kristopherus


    The Mafia:D


  • #4
    Chucken
    Registered Users, Registered Users 2 Posts: 9,459 ✭✭✭Chucken


    Fubrege wrote: »
    What factors have made the United States of America the wealthiest nation in the world?

    Do your own homework.


  • #5
    AnonoBoy
    Closed Accounts Posts: 22,559 ✭✭✭✭AnonoBoy


    Having loads of money.


  • #6
    ted1
    Registered Users, Registered Users 2 Posts: 23,771 ✭✭✭✭ted1


    Fubrege wrote: »
    What factors have made the United States of America the wealthiest nation in the world?

    There not. You can close the thread now.


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  • #7
    catallus
    Closed Accounts Posts: 6,106 ✭✭✭catallus


    Slavery


  • #8
    Fubrege
    Banned (with Prison Access) Posts: 25 ✭Fubrege


    ted1 wrote: »
    There not. You can close the thread now.

    They're not.


  • #9
    kneemos
    Registered Users, Registered Users 2 Posts: 20,479 ✭✭✭✭kneemos


    Insatiable desire for more "stuff".


  • #10
    El Weirdo
    Registered Users, Registered Users 2 Posts: 11,647 ✭✭✭✭El Weirdo


    Guns. And lots of 'em.


  • #11
    Mint Aero
    Closed Accounts Posts: 3,570 ✭✭✭Mint Aero


    It's all just a trick of the camera and computers with their jiggery pokery


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  • #12
    MayoSalmon
    Registered Users Posts: 2,332 ✭✭✭MayoSalmon


    People


  • #13
    househero
    Registered Users, Registered Users 2 Posts: 1,094 ✭✭✭househero


    foreigners. and lots of them.

    its a pyramid scheme and they need new meat in at the bottom to continue


  • #14
    Timberrrrrrrr
    Registered Users, Registered Users 2 Posts: 25,740 ✭✭✭✭Timberrrrrrrr


    9/11 Obamhaaaaaa lol Murca

    That covers it all i think.


  • #15
    The Backwards Man
    Closed Accounts Posts: 18,299 ✭✭✭✭The Backwards Man


    Not even in the top ten.


  • #16
    Sheep Lover
    Closed Accounts Posts: 1,730 ✭✭✭Sheep Lover


    Fubrege wrote: »
    What factors have made the United States of America the wealthiest nation in the world?

    Having the most money certainly helps.


  • #17
    Iranoutofideas
    Closed Accounts Posts: 1,083 ✭✭✭Iranoutofideas


    **** Bankers


  • #18
    ytpe2r5bxkn0c1
    Closed Accounts Posts: 32,688 ✭✭✭✭ytpe2r5bxkn0c1


    In 2013 the world bank ranked them at no 10 with Ireland 12th and the UK 24th.

    Think again OP.


  • #19
    Eugene Norman
    Closed Accounts Posts: 5,191 ✭✭✭Eugene Norman


    Daniella Clever Beagle wrote: »
    In 2013 the world bank ranked them at no 10 with Ireland 12th and the UK 24th.

    Think again OP.

    That's per capita. Which might not be what he means. Who knows.


  • #20
    bodice ripper
    Registered Users, Registered Users 2 Posts: 4,681 ✭✭✭bodice ripper


    Genocide, land grabbing and geographic isolation.


  • #21
    ytpe2r5bxkn0c1
    Closed Accounts Posts: 32,688 ✭✭✭✭ytpe2r5bxkn0c1


    Eugene Norman wrote: »
    That's per capita. Which might not be what he means. Who knows.

    I don't think even he knows what he means.


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  • #22
    creolebelle
    Registered Users Posts: 440 ✭✭creolebelle


    What prosperity?


  • #23
    Wide Load
    Closed Accounts Posts: 112 ✭✭Wide Load


    The Chinese, a great bunch of lads.


  • #24
    Egginacup
    Site Banned Posts: 2,922 ✭✭✭Egginacup


    Oh god, more "America is #1" rubbish.

    What's your definition of wealthiest? Because I read that 50% of the country couldn't raise a measly $400 without borrowing or selling something.


  • #25
    Wompa1
    Registered Users, Registered Users 2 Posts: 8,187 ✭✭✭Wompa1


    I think it's number 7. I live over here and haven't heard that it's number 1 economically. I don't think anybody is under any illusions. China is buying up a lot.

    The US may be the biggest in terms of current economic growth though...as in short term. The turnaround here over the last year has been pretty dramatic. The country is becoming a little more self sufficient thanks to fracking the sh1t out of the place.

    Why they remain so prominent in the business world is probably down to hard work and striving to build. Facebook, Google, Microsoft, Apple etc.

    Personally, I don't have that kind of drive. Maybe that's something which is nurtured more here. It's a bit more sink or swim since there's no long term social welfare or any proper support structure for people

    Oh and the fact international trades are still done using Dollars. The Dollar is the universal currency which puts the US in the unique position to print dollars on demand. If something like Bitcoin takes off or possibly if China teams up with Europe to unify on one currency and stop trading in Dollars. The US would be in a very bad way, very quickly.

    They have massive debt which currently they are under little pressure to service.


  • #26
    The_Valeyard
    Closed Accounts Posts: 12,452 ✭✭✭✭The_Valeyard


    Not getting mainland bombed ww1 &ww2.

    Europe, getting bombed, ww1 & ww2


  • #27
    Wompa1
    Registered Users, Registered Users 2 Posts: 8,187 ✭✭✭Wompa1


    The_Valeyard wrote: »
    Not getting mainland bombed ww1 &ww2.

    Europe, getting bombed, ww1 & ww2

    God knows, that's kept the Germans and the Brits down


  • #28
    20Cent
    Registered Users Posts: 8,939 ✭✭✭20Cent


    The petrodollar and bombing any country that dares trade oil using a different currency.


  • #29
    ytpe2r5bxkn0c1
    Closed Accounts Posts: 32,688 ✭✭✭✭ytpe2r5bxkn0c1


    Being in debt to China totaling $1.27trillion and in hock to Japan to the tune of €1.23trillion keeps things ticking over.


  • #30
    Wompa1
    Registered Users, Registered Users 2 Posts: 8,187 ✭✭✭Wompa1


    20Cent wrote: »
    The petrodollar and bombing any country that dares trade oil using a different currency.

    Never got that argument, regards the oil....Also, how does that play now that they produce more oil than any other country in the world and electric cards are being made rapidly by American car manufacturers, not just European or Asian...after all, Corporate America really leads the charge...the US Government bailed out the Automotive Industry too....so if Oil was really such a huge driver, wouldn't they have bought them off to stop producing electric cars?


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  • #31
    whupdedo
    Banned (with Prison Access) Posts: 1,513 ✭✭✭whupdedo


    ted1 wrote: »
    There not. You can close the thread now.
    Fubrege wrote: »
    They're not.

    Cnut

    Mod: Banned


  • #32
    Renegade Mechanic
    Registered Users, Registered Users 2 Posts: 7,934 ✭✭✭Renegade Mechanic


    A dollar, backed by nothing more than the military threat any country faces when they start selling the world's most valuable resource in any currency that isn't (Iraq, 2000/01, check the headlines from then)" or starts facilitating game changing amounts of trade without it. (Libya et Co, '11. Gaddafi makes headway with a new powerful African currency system.
    Russia x China now..).

    America isn't the richest, it just has the biggest muscles. It has reign on the chessboard we all share but the second they realise they can't hold on to it, that chessboard will be thrown away, rather than relinquished.


  • #33
    nokia69
    Closed Accounts Posts: 2,050 ✭✭✭nokia69


    Wompa1 wrote: »
    Never got that argument, regards the oil....Also, how does that play now that they produce more oil than any other country in the world and electric cards are being made rapidly by American car manufacturers, not just European or Asian...after all, Corporate America really leads the charge...the US Government bailed out the Automotive Industry too....so if Oil was really such a huge driver, wouldn't they have bought them off to stop producing electric cars?

    Teslamotors are the main driver of electric cars they aren't the same as GM and the rest of corporate america and it too late for the oil industry to stop them now

    also the petro dollar link is still very important to the US economy


  • #34
    darkpagandeath
    Closed Accounts Posts: 24,465 ✭✭✭✭darkpagandeath


    Petrodollar.


  • #35
    Renegade Mechanic
    Registered Users, Registered Users 2 Posts: 7,934 ✭✭✭Renegade Mechanic


    Wompa1 wrote: »
    Never got that argument, regards the oil....Also, how does that play now that they produce more oil than any other country in the world and electric cards are being made rapidly by American car manufacturers, not just European or Asian...after all, Corporate America really leads the charge...the US Government bailed out the Automotive Industry too....so if Oil was really such a huge driver, wouldn't they have bought them off to stop producing electric cars?

    Because it's sold in dollars, so you need to buy dollars (exchange) to buy oil. The fact that theyre selling it makes it even better because they're of course going to sell in dollars.


  • #36
    Iranoutofideas
    Closed Accounts Posts: 1,083 ✭✭✭Iranoutofideas


    Wompa1 wrote: »
    I think it's number 7. I live over here and haven't heard that it's number 1 economically. I don't think anybody is under any illusions. China is buying up a lot.

    The US may be the biggest in terms of current economic growth though...as in short term. The turnaround here over the last year has been pretty dramatic. The country is becoming a little more self sufficient thanks to fracking the sh1t out of the place.

    Why they remain so prominent in the business world is probably down to hard work and striving to build. Facebook, Google, Microsoft, Apple etc.

    Personally, I don't have that kind of drive. Maybe that's something which is nurtured more here. It's a bit more sink or swim since there's no long term social welfare or any proper support structure for people

    Oh and the fact international trades are still done using Dollars. The Dollar is the universal currency which puts the US in the unique position to print dollars on demand. If something like Bitcoin takes off or possibly if China teams up with Europe to unify on one currency and stop trading in Dollars. The US would be in a very bad way, very quickly.

    They have massive debt which currently they are under little pressure to service.

    De-dollarisation is rapidly underway by the major players worldwide...


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  • #37
    Fubrege
    Banned (with Prison Access) Posts: 25 ✭Fubrege


    I think America is such a wealthy nation due to the natural resources it has and the economic and cultural environment which allows people like Henry Ford to innovate.


  • #38
    MRnotlob606
    Closed Accounts Posts: 3,642 ✭✭✭MRnotlob606


    God and grace.


  • #39
    bodice ripper
    Registered Users, Registered Users 2 Posts: 4,681 ✭✭✭bodice ripper


    Fubrege wrote: »
    I think America is such a wealthy nation due to the natural resources it has and the economic and cultural environment which allows people like Henry Ford to innovate.

    There's only so far you want people like that to innovate


  • #40
    Valetta
    Closed Accounts Posts: 2,611 ✭✭✭Valetta


    It's all smoke and daggers.

    And Cortinas.


  • #41
    darkpagandeath
    Closed Accounts Posts: 24,465 ✭✭✭✭darkpagandeath


    Fubrege wrote: »
    I think America is such a wealthy nation due to the natural resources it has and the economic and cultural environment which allows people like Henry Ford to innovate.

    Well to start out they had a load of free labour via Black and Irish slaves.


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  • #42
    Fubrege
    Banned (with Prison Access) Posts: 25 ✭Fubrege


    bodice ripper wrote: »
    There's only so far you want people like that to innovate

    Without Henry Ford Hitler might have won the second world war. He revolutionised mass production techniques allowing huge numbers of vehicles to be produced. These techniques were taught to the Soviets, the vehicles the soviets received from America played a significant role in defeating the advancing Wehrmacht.


  • #43
    bodice ripper
    Registered Users, Registered Users 2 Posts: 4,681 ✭✭✭bodice ripper


    Fubrege wrote: »
    Without Henry Ford Hitler might have won the second world war. He revolutionised mass production techniques allowing huge numbers of vehicles to be produced. These techniques were taught to the Soviets, the vehicles the soviets received from America played a significant role in defeating the advancing Wehrmacht.

    he was also a massive anti-semite, so i am glad he didn't get any more influence than he did.


  • #44
    Renegade Mechanic
    Registered Users, Registered Users 2 Posts: 7,934 ✭✭✭Renegade Mechanic


    Fubrege wrote: »
    Without Henry Ford Hitler might have won the second world war. He revolutionised mass production techniques allowing huge numbers of vehicles to be produced. These techniques were taught to the Soviets, the vehicles the soviets received from America played a significant role in defeating the advancing Wehrmacht.

    It always amused me that they near shared each other's opinion on Jews :D


  • #45
    darkpagandeath
    Closed Accounts Posts: 24,465 ✭✭✭✭darkpagandeath


    Fubrege wrote: »
    Without Henry Ford Hitler might have won the second world war. He revolutionised mass production techniques allowing huge numbers of vehicles to be produced. These techniques were taught to the Soviets, the vehicles the soviets received from America played a significant role in defeating the advancing Wehrmacht.

    Ha, this the same kind of talk the Americans won ww1 and ww2. Industrial revolution is responsible for production lines and so on.


  • #46
    Nodin
    Closed Accounts Posts: 46,938 ✭✭✭✭Nodin


    Fubrege wrote: »
    What factors have made the United States of America the wealthiest nation in the world?

    Cheese on all the food.


  • #47
    nokia69
    Closed Accounts Posts: 2,050 ✭✭✭nokia69


    darkpagandeath wrote: »
    Well to start out they had a load of free labour via Black and Irish slaves.

    true, but south america also had slavery and at independence was richer than north america

    so its clear that the different political systems make a difference


  • #48
    andrew
    Moderators, Science, Health & Environment Moderators, Society & Culture Moderators Posts: 3,372 Mod ✭✭✭✭andrew


    The Mississippi river.

    People saying it's because of the dollar, or their Army, or how much money they have, are putting the cart before the horse.


  • #49
    darkpagandeath
    Closed Accounts Posts: 24,465 ✭✭✭✭darkpagandeath


    nokia69 wrote: »
    true, but south america also had slavery and at independence was richer than north america

    so its clear that the different political systems make a difference

    Well North America was a kind of new Europe. Where as South was strip mined for resource and precious metals.


  • #50
    KungPao
    Registered Users Posts: 4,785 ✭✭✭KungPao


    darkpagandeath wrote: »
    Ha, this the same kind of talk the Americans won ww1 and ww2. Industrial revolution is responsible for production lines and so on.
    And Thomas Edison is #1 inventor*




    *He's not even close to the likes of Tesla


  • #51
    darkpagandeath
    Closed Accounts Posts: 24,465 ✭✭✭✭darkpagandeath


    KungPao wrote: »
    And Thomas Edison is #1 inventor*




    *He's not even close to the likes of Tesla

    Well invention wise no but Edison understood the bottom line and all that money.


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