Does this mean the collapse of capitalism?

No, what will happen is you fuckers will all start killing one another and Europe will look like it did in the 1940's. You guys were doing so good, but you just had to let Germany reunite and fuck everything up again.

The future is red

No. It has nothing to do with middle class destruction, it's a cost of raising kids against affordable leisures.

Nobody is going to kill one another, that's why Western governments are working out high tech police state.

Burger here, so correct me if I'm wrong. Both the UK and France appear to have large droves of immigrants that have failed to integrate on their own. Can you blame that on Germany?

>cost of raising kids against affordable leisures
Kids have always been expensive though. The problem is lots of people are simply opting out to avoid the time and money sink that young children cost.

I have 2 lovable brats myself, but the start up costs are tremendous with little emotional reward until 1-3 years in.

He's talking out his ass because the EU has liberal immigration policies. He probably doesn't know that both the U.K. and France have programs that make it easier for people from former colonies to move there.

CHECKED
QUADS OF CORRECTNESS

I was jacking around about the last sentence because everyone loves to hate on muh Fourth Reich, but I do think there's going to be a mini clash of civilizations in Europe at some point in the near future.

lol that iamge
>dude you'll work less with socialism
>dude you'll control everything with socialism
>dude you're a slave now
thanks for the epic lolz my fellow pissed off proletariat

Capitalism will collapse anyway because it's not sustainable.

>Thanks, but l like rather suck my boss's dick

Ok, classcuck.

Oh man, I love it! You said the funny "cuck" word! Holy shit, those fucking capitalist fascists must be crying right now! Keep up the good work, dude!

ITT: collectivist anarchism memes. Fascism will replace the left right dichotomy. Suck it fags

>Kids have always been expensive though
Kids traditionally have been a profit.

That's why the definitely not very rich Amish have so many of them. They eventually pay for themselves as free family labor on a farm.

That's no longer true though, obviously.

>Kids traditionally have been a profit.
*Necessity and moral imperative for the good of those around you in shaping the next generation. Which is still true.

Nice non argument user, So you are more a wageslave then. But not worry, your boss and the market will take care well of you.

>Kids traditionally have been a profit.

>Capitalism is reactionary
Awww how cute

And your argument is?

woah, look at that class cuck getting "blown the fuck out" xD

poopie

>Before you even mention America, let's remember that there wasn't a welfare system during the original influx of immigrants.
So a waiver on welfare benefits for a certain period of time by new entries won't solve the problem, why exactly?

>Cultural and ethnic homogeneity are the best way to run a country
Switzerland
USA

Capitalism isn't reactionary it is a liberal ideal? Have you been on Veeky Forums for only like 5 minutes?

Have you seen the news of our country recently?

Liberals get the wall too

>They live in their own little enclaves and when they come out, they cause havoc because they can't handle a white woman not covering her head. I'm sick of hearing about rape. I'm sick of hearing about attacks. And I am sick and tired of hearing people say it is OUR fault for not bowing to these people who are being given the opportunity to come to OUR land.
calm down bud that sounds like something ripped straight out of stormfront
OUR LAND
OUR PEOPLE
OUR GUNS
OUR RACE
FUCKING KIIIIIIKES
he does it again
he makes a post
a post which is based
a post which is epic
he has done it

The fuck are you on about? The news is always sensationalist, everything is doomsday, everything is going to kill you, meanwhile the biggest thing going on in my town is an end of summer carnival.

>see I am retarded LMAO

yeah

>your governments start promoting family values and encourage reproduction
lol for all the shit commies get most people just want their governments to be authoritarian

>Promote the nuclear family and child rearing at home.

the opposite is happening

>U.K. and France have programs that make it easier for people from former colonies to move there.
Can't speak about all cases but as an Indian it's far easier to immigrate to the US than the UK. They did import a ton of Pakistanis a few decades ago though.

>*Necessity and moral imperative for the good of those around you in shaping the next generation. Which is still true.

People should also buy things made in their own country, yet people don't if there are cheaper options.

Perhaps people blame the Jews because its too uncomfortable to blame themselves for their own behavior.

>Promote the nuclear family and child rearing at home.

How?

The US is more like a confederation of countries than a country. Most cities have a predominant demographic. The big cities are usually fucking shit.

I get the impression that most Indians move to America by getting jobs with big multinational companies.

South American here, but I have a lot of engineers and stuff like that on my family that get free flights to the US, and Europe and Asia because companies come around here looking for employees.

>yet people don't if there are cheaper options.
Why would they if they felt they had no in group loyalty due to neo-liberal indoctrination in schools? Why bother caring about what is similar to you by kin or country when your entire life you have been brought up to be nothing more than a consumer?

Go away, tankie.

What if you dislike the company that manufactures stuff in your country?

Also, the internet has made the world a lot more unified, I feel a lot more sympathy for some Americans than I do with a lot of countrymen because I interact with you everyday. Does that mean that I shouldn't buy products from american companies that are offshoring their production to my country?

It was liberal for feudalistic Europe

>Liberalism
>Replacing feudalism
GeorgeCostanzaholdingabat.jpg

Missing a few steps there

>Also, the internet has made the world a lot more unified
*Has given people the illusion of unity but has in fact distanced people far greater than ever before due to the Golden Age of Information leading to what has been described as a "post truth society"

>What if you dislike the company that manufactures stuff in your country?
Maybe you should think of the people employed by that company and not just the company in itself?

I think a lot of us have learned by force not to trust any one single medium of information. TV is just as bad as the internet when it comes to yellow journalism.
It doesn't change the fact that it has made globalism something more than a meme for the first time ever. And this new global culture is bound to grow more as new generations replace the old ones.

I have very specific cases in mind, like companies owned by politician families that are absolute shit. Or very annoying businessmen who charge retarded high prices on everyday needs simply because they can.
There comes a point where even if you want to, you simply can't afford to. And not everywhere do we have a "smart consumer" culture where people will look for alternatives or simply stop consuming when a business is pissing them off.

But people don't make purchasing decisions based on the impact to the employees of the company they are buying from.

This leads to systemic problems with basing your faith in a non-backed fiat currency number. We're basically trading numbers at this point. What you're giving to countries overseas is an invitation into a system which they will not ever benefit from because they are at the bottom of this pyramid scheme.

You see, the monetary unit is rigged to reach an apex and travel exponentially downward in value while the richest classes get exponentially greater returns. It seems like geometric chaos if you ask me.

The only rescue would be some steps away from the traditional system. You've got a lot of inflation which needs to happen when you inject monetary units into the supply, regardless of where the injection point is.

You NEED a free market of currencies designed around philosophies and ideals.

American detected.

Liberal as in classical liberalism dumbass. Capitalism is a classical liberal idea, of which eventually neoliberalism and neoconservativism come from. All three idea are 'liberal' compared to feudalism

>You NEED a free market of currencies designed around philosophies and ideals
And this wouldn't have to be a warlike state of mind, as it has in the past. The one beneficial aspect of living in wartorn centuries past, would be the different ideas and technology of competing nations. Aggression was a good spur.

You can have this, without war. You just need to apply it to philosophies. Structurally it would function as competing currencies much like how many of the BTC markets function. And these currencies you would apply groups to, and these groups would include newer members, and old members as a part of the group. They would apply their currency to labor, and watch as their production created value. According to how this works, many would consider it as being paid in share, but it's not that simple, the currency created could never be traded away. Like those limited selling options on shares that John Maynard Keynes always like the idea of, after all, there was a reason he like the idea, and this would devolve into a whole other area of discussion regarding the vast amount of trading of capital that degrades the value of the monetary unit.

Just my two cents. This consolidated currency, and putting all your faith in one philosophy, is not going to end well. And I am definitely NOT a libertarian.

I'm not willing to eat a dick so that cleetus and the factory he works in can continue to be profitable despite making a shitty, non-competitive product.

My first car was a 93 Chrysler LeBaron. Fucking thing broke down all the time, the undercarriage steel wasn't treated properly so it started rusting. All sorts of problems starting from year 2. I junked the car before 100,000 miles.

Right now I'm driving a Camry from 2006 with 140,000 miles on it, and it hasn't broken down once, and the engine is still in good enough shape to give me 30 mpg highway.

If Detroit wants me to buy their cars and "stimulate" their economy, they should make a fucking better car first. No handouts just for "being American".

Can someone explain to me where the fuck the global economy is going?

Like, are all countries using the dollar as the standard? Or are there still countries using other standards?

And how do we even control inflation? What determines the value of a dollar? And if new people are being born and more resources are being extracted, requiring for more dollars to be printed, but printing more dollars creates inflation, which in turn means rising of prices. Then how do we even stop this cycle?

I shouldn't have dropped out of business school.

the current system is a ponzi scheme where americans have infinite money and can spend 70% of their GDP while engaging in wars with countries that don't want to trade in dollars and get off the hyperinflation ride.

It will crash and burn soon, the debt is infinite and can't be repaid, the chinese will make a yuan backed by gold currency, BRICS will tell western countries to fuck off.

It's a mess and all will crash.

How does this benefit the EU? Why did they allow this?

here's the big TL:DR
humans have been engaged in a war with the reptilians since millions of years ago.
earth was a human colony, then the reptilians controlled it and used it as a farm, since reptilians the archons (which control the reptilians) feed on human suffering.
since sumerian times, a human elite, engineered by the reptilians to not feel empathy and have reptilian DNA so they can be controlled easily (blue prince blood tale).
Since sumerian times, this elite has controlled the world, passing the control system, which is basically money and power, from parent to their offspring.
The jew race was chosen by this luciferian God (yawhe in the bible, which is nothing more than a reptilian king of earth) to be the chosen race (that's why they have higher IQ and marry between them).
All of history has been basically a play of this elite (european blood royal families) to control the world and install a NWO.
Even comunism was invented by jews to control and take over the world in the name of being free of capitalism.
Currently there's a hidden war between the NWO globalist scum to install fascists control systems (the FED, which means they own america, they own as well the EU, and they tried to pass the TPP and transatlantic so they can finally controlled the world, basically making a trade NWO organization).
The war is between the p2p masons, iluminati, the FED, the european blood lines, the vatican, israel, the saudies.
These are the bad guys.
The good guys are the BRICS, putin, China, Iran, India, the aliance of the 106 developing nations, the chinese triads, the white dragon society, the white oats at washington, the patriots at the intelligence comunity in america, the constitutionalists in several countries, the nationalists.
Currently the bad guys are losing, or lost, the war is over, but they don't want to give up control, so the good guys are making plans to crash the dollar and free humans and earth.

youtube.com/watch?v=Hw88MWoqenQ

don't listen to the ANCAPThe "value" of a currency is derived from what kinds of goods and services (hereafter referred to as shit) you can buy with it, this value varies between countries, trading blocs, and geography.

You can buy shit from Russians inside Russia with Rubles. Outside of Russia, Rubles are much less useful. People can't buy shit themselves with a Ruble, so they don't accept it as payment. If a German merchant takes payment in Rubles, he has to jump through hoops to get value out of his Rubles, so Rubles is not as valuable to him. Each Nation's currency is useful inside the country because the government can says "you have to take the official currency in exchange for shit". Ideally, this means the currency has value inside the country, since merchants can buy shit from everyone else in the country. The "Legal Tender" part on a dollar bill means that debtors in the US have to take dollars as repayment, which give the dollar value as a way to pay your denbts.

Currency derives it's value internationally in a similar way. A currency is more valuable if you can easily exchange it for goods from another country. This means the strength of a currency is reliant on the exports of the issuing country; if you don't need Russian goods, the Ruble has little value to you.

Here's where the dollar distinguishes itself. The US is still has the largest nominal GDP, and exports 1.4 trillion dollars of goods, which means that if you want US goods, you have to get your hands on dollars, which creates demand and value. However, Saudi Arabia, and the rest of OPEC also only takes dollars in payment, so any country that wants OPEC oil will also have to get dollars somehow, usually by selling shit to the US. This is what's known as the "Petrodollar". Since you can buy so much useful shit with the dollar, everyone values dollars and takes it as payment. Now instead of fumbling with a dozen currencies, international trade is simply done with dollars.

>US goods
usa is less than 10% of global manufacturing.
less than 10% of american GDP is manufacturing anything.
70% of american GDP is consumption.

nice economy you got there.

Gaddafi and Sadam got killed for trying to trade in anything else than dollars.

nice "free system" you got there.

Makes sense. Tho I take it the OPEC is more significant than the US in that regard.

I'm kind of confused tho, I looked up what the major exports of the US were, and although they had things that made sense like computers, aircraft, cars and stuff like that, there was also stuff like oil, plastics, raw materials, and other stuff that wouldn't struck me as something you'd typically think of when you think of the US as an economy. I tough the US had sent out most of it's primary facilities to other countries? Or is that a meme?

Also an answer to would be nice.
>usa is less than 10% of global manufacturing.
>less than 10% of american GDP is manufacturing anything.

I wasn't able to find that out for myself, but I was just doing quick Google searches.

cont.

> Like, are all countries using the dollar as the standard? Or are there still countries using other standards?

As stated before, countries usually use their own currency inside their borders and the Dollar/Euro/Yuan to trade internationally due to the utility of those currencies. However, if the government fucks up and has retarded policies, they can destroy the value of their national currency, and cause the people to use foreign currency as a means of exchange. Again, this is usually Dollar/Euro/Yuan.

> How do countries fuck up their money?

Countries destroy their currencies by either printing too much money, or reducing the amount of shit that you can buy with that money. Venezuela did the latter by imposing strict price controls, which made it unprofitable to actually sell things. A kilo of flour might cost 10 bolivars to make, the government mandates that flour can only be sold for 5 bolivars, anyone selling flour is losing money, so they simply decide to not sell flour. This reduces the amount of goods that can be bought with bolivars and reduces its value. Weimar Germany and Zimbabwe printed money to pay their debts; the act of printing money causes oversupply which reduces the value of the currency, which caused them to print more money to pay off debts. Weimar Germany did this on purpose to fuck the French. Zimbabwe is run by imbeciles.

> And if new people are being born and more resources are being extracted, requiring for more dollars to be printed, but printing more dollars creates inflation, which in turn means rising of prices.

Printing money does not cause inflation if the amount printed covers the extent to which the economy has grown. While there is more money, there's also more things to buy with that money, which maintains the value of the currency. Not printing money in an expanding economy and population causes deflation, which can have catastrophic effects. I can elaborate on this further if you want.

uschamberfoundation.org/blog/post/manufacturing-s-declining-share-gdp-global-phenomenon-and-it-s-something-celebrate/34261

mapi.net/blog/2014/01/china-has-dominant-share-world-manufacturing

mic.com/articles/15097/us-gdp-is-70-percent-personal-consumption-inside-the-numbers#.tv2W5IYrf

>Muh consumer goods
>Fuck the common good
I'm just hearing a lot of excuses from pieces of shit who spit on their neighbors because they don't have good enough toys lmao
Monarchism replaced feudalism you absolute moron , classical liberalism replaced constitutional monarchy

>TV is just as bad as the internet when it comes to yellow journalism.
No, if you actually think that then you need to lurkmoar on the whole internet my friend
>Give neo liberalism a chance
No, sorry I would rather not be denigrated to a life where I exist only as a bland economic unit hell bent on industrial and overall economic expansion

Yeah good enough toys like food on my table.

>I want to import 3rd labor that leads to borderline slave labor across the globe because - uh - I will starve without it
Hahahaha yeah right. Agricultural output is dependent on technological improvements not free access to labor markets. Then again maybe an amerilard like yourself could stand to lose some weight?

> And how do we even control inflation?

By printing money very carefully. As long as the ratio of money and shit buyable with that money remains steady, inflation is under control.

> Then how do we even stop this cycle?

Controlled inflation is good, because it depreciates the currency slowly, which creates incentive to invest and hold value in assets that don't depreciate. Investing puts money in the hands of people who can create the most value with that money, which grows the economy. That's the idea anyways, problems arise when money is invested in ventures that don't create value.

> Also an answer to would be nice.

It's 10% now, but that percentage used to be a lot higher, as in, 50% high after the end of WW2. As the only industrial power left standing, if you wanted stuff, you bought it from the US and paid for it with dollars. The US also guaranteed the value of European currencies under the Bretton Woods system, which gave even more control to the dollar. If everyone accepts dollars as payment, it holds value to everyone as well. The current power of the dollar is very much still a legacy of the 50's and 60's. No country has said "we aren't accepting dollars anymore", so you can still buy shit from anyone with the dollar, and therefore it still has great value.

>Give neo liberalism a chance
Never said that.

I am actually a third worlder in a country that manufactures stuff for the US, but thanks.

en.wikipedia.org/wiki/Quantitative_easing

>Weimar Germany did this on purpose to fuck the French
*Because they had no real option and thought it would be a good idea. Austria , Hungary, Poland, and the newly born Soviet Union faced similar hyper inflationary problems due to their war debts as well.

>Never said that
>It doesn't change the fact that it has made globalism something more than a meme for the first time ever.
Neoliberalism is globalism

>No, it just means your society will collapse unless your governments start promoting family values and encourage reproduction.

Young men need incomes high enough to afford houses and to support the missus through her child bearing years.

>The free market will find a solution.

Nevermind, your country is doomed.

>political systems replacing economical ones
Whut

>Economical systems replacing moral ones
Whut

>Young men need incomes high enough to afford houses and to support the missus through her child bearing years.
>What are intergenerational housholds
Leave to a burgers to stigmatize living in your family home. The reason people left home before is because the homes most working class parents had couldn't house wives and children so you literally had no other choice. There is a finite amount of realty meanwhile we treat human population growth as something which needs to be expanded ad infinitum.

Take a guess why buying a new house or even renting costs so fucking much

no

And? I know what QE is. What point are you trying to make?

Germany was absolutely capable of paying its war debt, it just didn't want to. Compared to the other countries who underwent hyperinflation, Germany still had intact infrastructure and a robust economy. The economy of Austria and Hungary collapsed because Trianon and Czechoslovak independence cut off the interdependent Austro-Hungarian industry from their component parts. The Soviet Union was fresh off a devastating civil war, and Poland was newly cobbled together and still getting on it's feet industrially.

Germany ended the war with it's industry similar to what it started the war with, albeit resource starved. Once the blockade ended and international trade started back up, Germany was back to being the largest economy in Europe by 1920.

what happens when the FED prints billions of dollars for several years?

Ok, so, the value of international currency is just for stuff that a country needs to import. Right?

>Printing money does not cause inflation if the amount printed covers the extent to which the economy has grown

So does that mean that currency is in fact backed by real assets? How is value assigned to things?

And if a good sees decreased production,it increases in price, but how does that affect the flow of currency? Seeing as most countries use the dollar as the one international trade coin, doesn't that mean that the entire world's economy is tied to the US and vice versa?
How does the US bank decide how much money to print? Does the US outright sell money? Or is all exported money tied up to exported goods?

>Not printing money in an expanding economy and population causes deflation, can have catastrophic effects. I can elaborate further if you want

If you have the time, I would be interested.

>As long as the ratio of money and shit buyable with that money remains steady

So what happens when people aren't buying shit?

>Controlled inflation is good, because it depreciates the currency slowly.

Wouldn't that mean that over time currency would become literally worthless even within the boundaries of it's own system functioning as intended? Is this sustainable?

>It's 10% now, but that percentage used to be a lot higher, as in, 50% high after the end of WW2.

That is actually a pretty good and concise explanation, and it makes a whole lot of sense.
I take it the US very much has an interest in maintaining the system as it is, and countries aren't saying "no" because they have large reserves of dollars, so they have an interest in keeping it relevant.

So what happens if a large amount of people just say "screw this" enough people that they can't be forced back into it? How does this affect the US economy? What are the actual benefits for America from the dollar being an international coin?

I think I forgot other questions I had

>Compared to the other countries who underwent hyperinflation, Germany still had intact infrastructure and a robust economy.
Except like every country Germany was totally devasted by depression and the most brutal conflict not even WW2 would match. On top of that the Treaty of Versailles broke Germany apart and have some of it's most important lands to the French and Polish as well as had the highest debt owed to the allies by proporation of it's GDP than any other axis power. It too was in a state of civil war much like Finland and Russia with Marxist uprising from the sparticists where them and the freikorps were constantly warring in the streets before the execution of Rosa Luxembourg ending the German revolution of 1919. The Allies seized their colonies and put hardcore protectionist policies against the Germans after the war. How does any of this indicate that the Germans just up and refused to pay the debts, by what means did they have he option to pay them when like every country in central and eastern Europe they were almost completely destroyed?

youtube.com/watch?v=gY1EcCUu5nw

the system is a scam, and will crash in any form, way or shape.

it's not a matter of if, it's a matter of when.

nobody knows when the system will collapse.

I meant globalism as in a global culture.

And then the fed took all that money back and made it vanish from the economy. That's the other part of QE. When that money was in the economy was a time when velocity and lending was low, so QE money was a correction to keep the effective money supply steady.

And surprise, inflation did not spiral out of control when QE was in effect. The Ron Paul dumbasses were screeching about inflation when deflation during a recession is a much more serious threat, and one that the fed dealt with by lowering interest rates and starting QE to increase the money supply. Once the economy got back on it's feed, the fed raised interest rates and ended QE to prevent inflation.

Global culture is pushed forth via neo-liberal trade policies. The internet is still very divided contrary to popular opinion. The language barrier still exists within the internet as well simply access to the internet. Even with translation people.still segregration themselves to different parts of the internet via language and nationality.

telegraph.co.uk/business/2016/10/05/global-debt-hits-all-time-high-of-152-trillion-as-imf-warns-of-w/

yeah, nigger, let's clearly ignore this.

we'll know it will crash sooner or later.
why do you think I put a demographic pyramid in this thread?

Much bigger blocks tho. hardly restricted to national boundaries. Also it's amazing how many people speak English nowadays.
And yes there's a lot of /int/-tier shitposting between people for being of different nationalities, but ultimately people act very similar and share a lot of things, even in different cultural areas. I bet you'd be surprised by the amount of non-american and non-europeans that browse this site, for example.

>Also it's amazing how many people speak English nowadays
About 1/6th of the planet. I'm not talking about /int/ either, if you travel to parts of the internet that are monolingual of a different language than your own, there is still an entire world of information you don't have access to and which the internet can't correct for.

Places like Wikipedia will never be able to bridge the gap between people and neither will translation programs. Even within (mostly) monolingual countries there are barriers between people that can never be gapped. Global culture doesn't exist outside of highly metropolitan and rich areas of cities.

>all the responses to this and not a single arguement against it
Commietards seething.

Well, media is mostly produced in English speaking countries and then translated to most other languages.
Also bilingual people who expend time with foreigners online as well as with countrymen IRL, and other influencers like E-celebs have a role in this too.

For example, I live in a relatively small city in South America and kids here are going nuts over the fidget spinner shit, for example, a craze that started god knows where and spread exclusively trough the internet. And yes, there is a lot of spanish-speaking only places on the internet, and of course they aren't exactly the same as english-speaking ones, but the amount of stuff borrowed from American culture is amazing, even in groups of people that don't speak a lick of English.
The influence of Japan in pop-culture all over the world is also undeniable, that shitposty anime-muslim caption images that are plastered all over this board at 5am are something that you'd think could only be done ironically, but chances are they aren't. And I've seen plenty of actual middle-east people living in their homecountries that are weebs.

> So does that mean that currency is in fact backed by real assets? How is value assigned to things?

the value of a currency is backed by the amount and variety of stuff you can buy with it. The moment you can no longer buy stuff with that money, it's value falls, and might trigger a chain reaction with other merchants also not accepting that currency.

> doesn't that mean that the entire world's economy is tied to the US and vice versa?

yes, which is why the fed is run by competent and smart people to keep the value of the dollar steady. They look at a ton of data before making decisions.

> Does the US outright sell money? Or is all exported money tied up to exported goods?

The Fed creates money, then puts that money into the economy by lending it to the banks, which in turn lends that money out to other people. Fractional reserve banking means the Fed adds multiple dollars to the money supply for every dollar they lend to the banks. The US "sells" money by buying stuff from other countries, and the other countries use their dollars to buy other stuff. In essence, the US buys $100 of stuff by printing $100, other countries buys $100 of stuff by selling $100's worth of their own stuff to the US to get $100 to trade with. This is known as the "exorbitant privilege". Charles DeGaulle protested by gathering every dollar the French government had and demanded that it be redeemed for gold (the dollar was gold backed then).

> So what happens when people aren't buying shit?

You get stagflation. Not buying shit reduces demand, which reduces supply and causes people to be laid off. Not buying shit reduces demand for money to buy shit and reduces the value of currency. The fed will do whatever possible to make you buy shit.

cont.

>The free market caused it by destroying the middle class
>The middle class didnt exist before free market

America until the 60s was always 90+% white European.

>don't true capitalism =^)

But what ethnicities...