Apple is now richer than America
- Thread starter Hero in a half shell
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Well, I'm happy to say that not one single dollar of those 76.4 billion is mine 
I've never bought anything Apple. It's absolutely amazing how they managed to lie through their ass back in 2001, acting like they invented the MP3 player. Since 1999 I had an mp3 player and had no problem converting my existing CD's into MP3. Yet, the entire American public fell on their backs in awe and payed hundreds of dollars for that stupid iTunes thing... And it's amazing just how blind people get after spending so much money. I've yet to encounter any other person that has recently bought an iPhone 4 that will agree that the Galaxy S2 is far far far superior, cheaper and with better mobile service fees.
Apple is here to stay and I suspect that their boldness will only get worse. Well, I'm not here to stop the tide but I'll never get dragged by the current either.
I've never bought anything Apple. It's absolutely amazing how they managed to lie through their ass back in 2001, acting like they invented the MP3 player. Since 1999 I had an mp3 player and had no problem converting my existing CD's into MP3. Yet, the entire American public fell on their backs in awe and payed hundreds of dollars for that stupid iTunes thing... And it's amazing just how blind people get after spending so much money. I've yet to encounter any other person that has recently bought an iPhone 4 that will agree that the Galaxy S2 is far far far superior, cheaper and with better mobile service fees.Apple is here to stay and I suspect that their boldness will only get worse. Well, I'm not here to stop the tide but I'll never get dragged by the current either.
Why, it's very simple my friend.Hero in a half shell said:
Seriously, I don't really think we're that far off from something like the Franchise Wars as depicted in Demolition Man.
Steve Jobs probably has his own personal stockpiles of iTanks and iCBMs in his backyard. It'd bring a whole new meaning to "Corporate Warfare", at least.
Edit: Now that I think about it, the super sterile future world depicted in Demolition Man sort of reminds me of an Apple Store already. Just give everything a white iPod glossy sheen to it and paste a few Apple logos over some buildings and the police cruisers and you're good to go!
To be fair, if they did do that, they'd also buy the $15 trillion debt that America has, which Apple couldn't hope to pay off.Hero in a half shell said:
Actually....
The money the USA has: $73 billion
The money the USA owes: $15 trillion
.......and who said Capitalism works?
Honestly, considering every nation on the planet owes someone money, I think all debts in the world should be cancelled out, and the world economy realigned so nations can actually afford stuff without having to go into debt.
It'd be a LOT of hassle, but at least it'd be a clean slate.
I'm too busy to dig into the St. Louis FRED atm, but let me simply say this you guys are very very wrong.BonsaiK said:
The federal governments current cash holdings might be 73.7 billion, but keep in mind that doesn't count the FED which is our central bank/controls the money supply. That would add a few trillion to the count.
Also keep in mind that yearly cash inflows are currently over 2520 billion dollars for the government budget alone, to think you could buy it with apples 76 billion is laughable.
PS: http://www.treasurydirect.gov/govt/reports/ir/ir_expense.htm
See how our interest payments have been going down while our inflows are going up? That's a good thing. Our interest payments vs inflows are actually a fairly small percentage in comparison to many many times in our history.
The iShuttle, maybe? I'd buy it.Hedonist said:
OT: Well, this is pretty darn impressive, but admittedly not that surprising, considering both the massive popularity of Apple products and the staggering U.S. deficit.
They could buy the US government.
New from apple. The iGovernment. The iGovernment aims to improve and simplify the governing experience by removing voting altogether. Instead of having to chose between 2 different parties you will get 1 government with yearly updates. But don't worry we're not some evil tyrannical corporation hell bent on controlling every aspect of your life. To prove this the the iPresident will always be black. Unless you want to wait 10 months for a white one. (which lets face it nobody will want to because the next black president will be be there in 3 months after that)
New from apple. The iGovernment. The iGovernment aims to improve and simplify the governing experience by removing voting altogether. Instead of having to chose between 2 different parties you will get 1 government with yearly updates. But don't worry we're not some evil tyrannical corporation hell bent on controlling every aspect of your life. To prove this the the iPresident will always be black. Unless you want to wait 10 months for a white one. (which lets face it nobody will want to because the next black president will be be there in 3 months after that)
It kind goes like this:
Who's richer, the guy with a Porsche but can't afford it, or the guy with a beater who can afford it?
But yeah, Apple buys out America. I'm calling it now.
Who's richer, the guy with a Porsche but can't afford it, or the guy with a beater who can afford it?
But yeah, Apple buys out America. I'm calling it now.
This is exactly what i've been stressing to a lot of my friends they don't understand the phrase "Everything goes back in the box" and i really am not big on the monetary system since all it's done throughout history is just create a bid divide on purpose of the rich and the poor and yet some say its a "necessary evil" when it really totally isn't because we don't want those that just horde the money and abuse it instead of doing better things like creating better improved technologies and products that actually last a lot longer instead of the "make the products last less so we make more money off you" bullcrap because that just leads back to money again which is a horrible greedy pointless cycle.Khada said:
Well, wouldn't the fact that America is in 14.5 trillion dollars in debt mean that your average mom and pop shop is richer than America?
