Comments on: Go America! Why Goldman Sachs thinks the US economy still reigns supreme

By: unsickular

unsickular — Sat, 18 May 2013 04:18:00 +0000

China, because it has better growth rates and where the investments are more likely to boom than to go bust

By: Canterbury Pardoner

Canterbury Pardoner — Mon, 06 May 2013 04:56:00 +0000

First, I hope you're young because your command of the English language is tenuous at best. If you're a high school graduate, your learning curve makes me sick. Second, the number of patents granted in the U.S. rivals that of the rest of the world. Third, ever heard of comparative advantage? Fourth, Google, FB, Twitter, eBay. About cell phones, ever heard of Qualcomm? Fifth, the presence of natural resources actually hinders economic growth (South America, Africa, there are books about it, not that you've ever read one). Furthermore, the United States volunteers to be the world's policeman and spends quite a bit of its GDP on its military, a fact that allows U.S. allies to have reduced defense budgets. Sixth, your argument is an old Populist one of producerism and the uniquely American one of anti-intellectualism; if you're going to use populist rhetoric, try to keep up with the times and use modern populist rhetoric. Populism is contemptible, but outdated populism even more so. Seventh, the rest of the world will catch up. It's called the catch-up effect. Ever heard of it? The doers of this country have not disappeared. You're simply not one of them, and you know it. The definition of 'doing' has changed, and you're afraid that makes you obsolete. You're afraid that you can't complete. Now that is the actual unravelling of the traditional values that made the U.S. prosper.

By: Jonathan Collins

Jonathan Collins — Sat, 04 May 2013 05:03:00 +0000

They don't want you to take precautions. If you pull all your money from the banks so you don't loose it during a depression they are gonna be hurting.

By: Mir Ahsan

Mir Ahsan — Wed, 01 May 2013 04:43:00 +0000

I still see people under bridges and homeless. Even IF it's worse of in other countries I digress. This is America and we should not only aspire to be the best. We MUST be the best.

By: Zak Adhikari

Zak Adhikari — Tue, 30 Apr 2013 05:25:00 +0000

That's what Islamists want from America. A complete reduction of American military power so that America is rendered toothless to deal with the global crisis resulting from global Islamic assertiveness by way of Al Qaeda, Iranian challenge and other terror set ups; not to mention the challenge that China pose to its neighbours and western world. If there is a corresponding reduction in military spending by every country and decline of Islamic militancy, America can go for a meaningful reduction in military spending. Otherwise, it would do more harm than good.

By: Micki Schloss

Micki Schloss — Tue, 30 Apr 2013 04:47:00 +0000

The most important reason of all was omitted from this list. The U.S. has a rock solid currency that other countries purchase to increase the credibility of their own portfolios.

I would like to see GS have less of an adversarial relationship with the US government and more of a partner for the common good.

Think TR

By: kalish

kalish — Mon, 22 Apr 2013 08:26:00 +0000

I don't really agree, if you have put all the money in the military effort for research US would be full of nuclear nukes and moon rockets. The military benefited of the informatics development and participated at some point in that development but they were not the leading force. If it was, the russian would have been as developed as the US in terms of informatics.

By: kalish

kalish — Mon, 22 Apr 2013 08:16:00 +0000

I agree except it is a good point to have a lot of doctors, this is good for the US population. When the China will be in a totally free open market, you can bet a lot of the bright thinking people you talk about will leave for this part of the world, and the head of the companies too.

By: kalish

kalish — Mon, 22 Apr 2013 08:11:00 +0000

BS. US is 3 times bigger than japan in terms of population, and it is only 2.5 more important in terms of GDP, so you still think the US is a healthier economy? Pay also attention the germany is approximately at the same ratio concerning demographics. More US have maybe 10 times more lands than germany and 20 times more lands than Japan, with huge ressources, such a low level economy is only the sign of a bad governed country. The biggest oil porducer? LOL just plenty wrong, shell oil won't make it for sure, you don't realize what amount needs to be produced and at what cost. Shell oil are more expensive than traditional one, saudi arabia is a producer of traditional oil, so less expensive, US can't compeete, the US wells are not full enough, and you can't exctract the whle of it. GS is never wrong excepted when it wants to fool the people. Take care, don't put too much money in US stocks.

By: unitedvirtual office

unitedvirtual office — Mon, 22 Apr 2013 07:15:00 +0000

Hi Naftal,
aren't they similsr to CIA Facts...!