Talk:Worldpolitics

Format

how do we distinguish who's talking and about what?

I intend to begin a thread of source concerning your itulip.com reseaches. but if we're not careful, it will get very unclear who's talking about what.--Jolie 15:49, 8 October 2008 (UTC)

We can have chat meetings on Wikiversity chat. This could atract other users. The front page should be shorter and more to the point. New pages can be created which can relate to this page. One addendum could be to get topics on separate articles.--Daanschr 14:30, 10 October 2008 (UTC)

Talking can be done on the talk page :-). There are several other options, it depends on what you and me want to do with this reading group.--Daanschr 14:32, 10 October 2008 (UTC)

Thank you, I confess I have looked and don't yet understand how to IRC (I installed Bersirc, but it isn't very intuitive). we can certainly talk here. perhaps we need to do periodic 'purge the chat'... I'm still collecting my thoughts about the future that itulip.com predicts, there are some intricate economic factors that I am struggling to understand.

I will probably not be as active on the weekend. I have periodic time to think during the week, but it's not as easy during the weekend.--Jolie 22:49, 10 October 2008 (UTC)

Economics

The problem with economists is that they all predict something else. The economics on Itulip is pretty hardcore, i only understand half of it sometimes ;-).--Daanschr 10:07, 11 October 2008 (UTC)

The general idea that it is good for long-term growth that an economy produces products sounds very logical to me :-).--Daanschr 10:08, 11 October 2008 (UTC)

Here's something to ponder. If governments operate in deficits they create new dollars for no value. Inflation. Speculation ends up destroying dollars as money that is invested dissapears. Deflation.

Neither one is good, BUT there are opposite. Since money is simply a means of exchange , isn't two opposite foces that keep it in balance,sustainable?

Maybe these speculative 'bubbles' are keeping us from suffering from the incredibly large US federal deficit?--Jolie 12:13, 13 October 2008 (UTC)

It depends on who lends the money. Take Iceland for instance. Icelandic consumers and institutions have borrowed enormous amounts of money all over the world. Now, the country is bankrupt. The money was used to support a high standard of living, they didn't earn. The USA has borrowed enormous amounts of money worldwide and is now checked for it. A bubble can't help to solve this problem, because the dollar is a regional coin.

Perhaps a bubble can be good for making transactions of money, goods and services quickly available. A problem is that the owners of money in a bubble are using this money to invest in economically inefficient areas. The high prices in the housing market in the USA has let to the building of many houses which are now uninhabited. If the working hours and resources to build these houses were invested in roads, airports, education, than it would have been better for the economy in the long run. But, i am not an economist, so i don't know too much about it.--Daanschr 13:07, 13 October 2008 (UTC)

Itulip is about sustainability but it is a different kind of sustainability than only using the right resources. Also, transactions, the ownership of capital are part of the economy and can be of vital importance when it comes to the distribution of wealth.--Daanschr 13:09, 13 October 2008 (UTC)