All the hue and cry about unilateral action by the US has this board in a tizzy. Should the US pull back from all it’s commitments around the world.
No aid
No humanitarian support
No funds for debt restructuring
How would everyone like that? I would be extremely happy.
Chaltahai, maybe that will be the best for the rest of the world. Let me explain, all of US support to the worl either financially or politically comes with strings attached. These strings can sometimes get jumbled up and cause the leaders to hang themselves. Need examples... Shah Faisal, Zia-ul-Haq, current Venezula's leader.
So Pakistan would ok if US didn;t extend the line of credit?
The United States gives more Aid to the world than any other country.
well Chaltahi, pakistan has learned it from US. You have to use all means necessary to achieve your goal. Hence, pak will capture the al-qaeda members to get (recieve) the line of credit. You cannot disagree with that; now can you ?
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*Originally posted by Chaltahai: *
So Pakistan would ok if US didn;t extend the line of credit?
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Pakistan can work very well without US aid.
What, Allah ke karam se, does Pakistan not have? Fertile soil, minerals, oil, natural gas, sea port, ideal and strategic location and most of all hard working people who believe in Allah.
Its not like the US aid trickles down to the common man anyway, it is all stashed in Swiss accounts of corrupt politicians.
What we need is a total cut of US aid, but ofcourse the US is not going to do that, that's how it wields its power. Its like a drug supplier supplying drugs to a drug addict.
But if US wasn;t there to extend the line of credit, how would the Pakistani economy function? Forget pakistan…
Irem US is not running to give money away.. LOL! 
My reference was in terms of US foreign policy stance prior to 1941. US had traditionally had an isolationist stance. Including wilson’s 19 points. this led to the evident failure of the League of nations, as there was no collective or singular engaging strength to enforce though actions encroachment of int’l norms and laws and treaties.
Actually I think this would be a good idea for the rest of the world. The US would never pull its international support though, that is how they maintain influence.
It would be good for the world because it would force nations to cooperate amongst neighbors more. It would force them to develop themselves. It would help them evolve naturally. As it is US aid provides unnatural restraints for growth. It stunts potential. Sure, it does regulate some problem areas, but those can never be solved fully by an outside hand. Aid needs to be minimized not eliminated.
Problem is, when other nations become stronger the power gap between them and the US diminishes. Reliance on the US diminishes and with it, US influence.
Spoon: How would that happen? Please give specifics regarding methods of growth, changing in governance and transparency etc.
thanks,
Ch
Re: Should US be an isolationist?
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*Originally posted by Chaltahai: *
Should the US pull back from all it's commitments around the world.
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and why dont the do that exactly? The answer is more complicated than your head can decipher .. To dominate the world ...
Let me give you an example: They say they went in to save Kawait... Was that for free? Three Trillion WERE paid by those rich kings to have their asses liberated... how the transcations were conducted may not be made public anytime soon .. Or we may never know .. Do you think they have paid it all? Naah ... They will be paying for generations .. as many other countries are doing ... We have a neighbor whose tiny portion of population are well known for these kinda tactics .. some call them banya .. I dont know for sure .. maybe someone can explain ... in my opinion .. US is a big banya ... :-)
Its the US 'interest' that compells them to burry their feet/paws on every soil of the world ... Super power without any subjects wont be that super afterall .. And your masters, mr. CH, know that very well ....
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*Originally posted by Chaltahai: *
Spoon: How would that happen? Please give specifics regarding methods of growth, changing in governance and transparency etc.
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The world existed and may exist without the cooperation of the US .. someone remind me of great civilizations that flourished without the US aid ... US aid is not the answer to every problem in the world, my friend..
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*Originally posted by Chaltahai: *
But if US wasn;t there to extend the line of credit, how would the Pakistani economy function? Forget pakistan...
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oooo ... Do you ANY idea how much foreign money is invested in the US markets? Do you have ANY idea what would happen if those lamers in the mideast pull out? Do you have idea how much US has tried (successfully) to keep the money inhouse and stop them from investing in Euro .. Only if you knew ...
Just an example .. Saudis have somehting like 400-600 Billion invested in the US markets .. Now, how many companies would fold if that money is taken out?
According to U.S. government figures, foreigners put $124 billion into the U.S. last year [Telegraph] ...
More?
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First American Bankshares, for example. It is a $10 billion bank holding company with 5,700 employees ..First American's owners are not Americans but Arabs. The company was purchased in 1982 with "petrodollars" by private investors in Kuwait, Abu Dhabi, and United Arab Emirates.
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Hey man .. I give up ... There are hundreds of examples ...
I am not saying that the economies of the countries will NOT suffer because US isnt throwing bones at them.. what I am saying is that US wont be in a very good shape either ... agree?
Someone give a glass of roohafza with extra golucose in it to Azkar Chaudhary. I am afraid he is going to have a heart attack soon.
Total Kuwait reserves of oil = 97 billion barrels.
At average price of $20/barrel that comes out to be approximately 2 trillion dollars. That is assuming that Kuwaitis can extract it from land on their own, meaning zero cost on barrel.
How is US going to make Kuwait pay 3 trillions?
I bet Chaltahai knows no sh*i%&t about money stuff.
Azkar: US capital markets attract investments because there is no rival capital market system in the world that offers the depth of instruments, the stability of the system and importance to ingenuity. Financial aid is different from investing in capital markets. No one puts the gun to Sheik Hamamlulla to invest in American equities. Private equity investment is far less from the mid-east wqhen compared to other places.
I am sure the owner of this very site would rather list on any of the US exchanges than let's say KSE or NSE. There is a reason for that.
And $124 billion for a Trillion plus economy is a line item.
Roohafzah indeed.
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*Originally posted by Chaltahai: *
US capital markets attract investments because there is no rival capital market system
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Thank you for ignoring my various points and clinging onto this weak one .. YOU had asked what would happen if US pulls out ... THEN the US can kiss its capital markets ... [goodbye that it] ...
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I am sure the owner of this very site would rather list on any of the US exchanges than let's say KSE or NSE. There is a reason for that
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You have the honor to talk to the VERY owner of this site ... And YOU can see its not listed .. kapeesh? (now dont rattle that I did not have the oppurtunity or else I would have done so)
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*Originally posted by Chaltahai: *
And $124 billion for a Trillion plus economy is a line item.
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How many billions make a Trillion? That figure was from one country only ... Go talk to Greenspan first .. I am sure he would tell you the dependence of US markets on the foreign investments ...
Again .. try to read or answer my argument ...
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I am not saying that the economies of the countries will NOT suffer because US isnt throwing bones at them.. what I am saying is that US wont be in a very good shape either ... agree?
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Azkar, if US pulls out, meaning stops giving money to the IMF to salvage basket case economies, providing aid financed through public taxes to thrid world crackpot countries the impact on US capital markets would be negligible. However, the converse would be horrendous. But you will have Sweden. I am sure in absolute dollar terms they can make up the difference.
Azkar you are confusing capital markets with trade.
ohhh.. why would u believe poor old me …
here …
and here is the irony .. same professor is saying …
http://faculty.lls.edu/~manheimk/ns/diem.htm yes, its a 5 year old paper .. but dependence has only increased ..
I am not confusing anything, my friend .. I gave you my opinions and you dodged all of my points and still clinging on to a lame theory …
Azkar: How much capital flight has occured in the last 2 yrs? I can say the same for China. All growth in china has been dependent on foreign capital investment. The difference is that capital flight in the US is more unlikely because of the reasons I mentioned in my earlier post. While, in countries like china, it is a more precarious situation.
As far as theory? You are quoting me a professor, ironic innit? :)
I am not dodging you points, I am making a distinction between capital markets investment and US Aid. As per my first post. I can stop giving money to charity and invest in my 401k. I hope you can see the distinction.