Economic Collapse Inevitable...how to protect ourselves??

[Last Man Standing]

Here is another excellent video..."The Petro Dollar Cycle" http://www.youtube.com/watch?v=uljOLFyCjjc

OK boys - this thread is to discuss "The Economic Collapse" and not for bickering!!

See above!!

Deus works for the government as a disinfo agent - don't waste your time Peter!

 

[PeterNorthisawesome]

See above!!

Deus works for the government as a disinfo agent - don't waste your time Peter!

I like f'ckin with stupid dumbasses though! It`s so fun! I already know that Deus is a brainwashed idiot. He claimed to have joined the airforce even though he went to the nation`s top 5 private school. He then didn`t get into any college and spent few years living with his parents... how cute. He also criticized me for not showing sources even though he hasn`t lead by example in the last... 3 posts. Then after calling him out for the 4th time, he is still being a p'ssy and avoids physical confrontation like a BI@TCH. :moon:

 

[Last Man Standing]

We are in DEEP, DEEP, DEEP, DEEP, SHYT. BOYS!!!! Do you understand the significance of this!!! http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/06/24/cnbis124.xml I suggest you warn your parents and all others of the possibilities and ramifications if such is to take place!!! This is an orchestrated, planned event - part of the Economic Matrix!!!

 

[I'm Joe Dirt]

What are their dollars doing, just sitting in an account gaining interest?

When dollars are in an account gaining interest they are actually VERY active. The bank is using that money to loan it to people buying homes, starting businesses, etc.

That is why you get interest to begin with, its a cut of the profit the bank makes from loans and mortgages.

As someone with a business degree I know how business and markets work, though not with as much mathematical perception as Too Cold. The US is not anywhere near a collapse of any sort. The economy is cyclical meaning it has upswings and downturns.

Despite the media coverage, which has a vested interest in making Republicans look bad, the economy has been doing pretty well the last few years and unemployment continues to be pretty low. Compare our 4.5% unemployment rate (last I checked) with some of the double digits of beloved socialist europe and you will see we are far better off in our alleged "downturns" then they are in their in their upturns! But an economic downturn may be coming, its not a question of if but when. It doesn't mean the USA will become a 3rd world country.


For those of you who say we have no manufacturing, that is true, it is being outsourced because we would rather focus our time and resources on higher yielding ventures. Would you rather have a white collar office job that pays $50,000 a year or a manufacturing assembly line job that pays $25,000?

Maybe an exception is union jobs, but that is exactly why factories with unions are being shut down first, because they drive up the cost of goods and we can't compete in the international markets. And people don't really care about where a good is manufactured. Those who say they only buy US or prefer US made goods definitley don't show it. I know this because I used to work in retail and not once was I asked which product was made in the USA, instead people looked at the price and took the cheaper one (in most cases, unless they already had experience wtih a brand or the more expensive brand had some feature they really needed).

Those here who talk about the loss of manufacturing are voting for the latter, lower paying jobs.

And guess what, if one day we need to manufacture something there is no reason why we cannot open up new factories. Afterall, the engineers and managers who design and run those factories are still here. The knowledge and natural resources are here.

 

[speakeasy]

I just read this whole thread from its inception. I learned quite a bit despite some of the bickering.

 

[Suicide]

Wikipedia is credible, they have a FOOTNOTE section below from actual sites. So many you should learn to use it...

Wikipedia is the biggest joke ever. It's nothing but a bunch of monkeys churning out enormous amounts of mediocrity. If you ever use anything from Wikipedia (or the "sources" that are usually cited in the bottom of their articles) in a university paper any reputable professor will laugh in your face and proceed to fail you.

 

[speakeasy]

Wikipedia is just fine for getting "in a nutshell" rudimentory information about some particular topic, anything from some TV series you saw 20 years ago to economic theory. It's all right there, and unlike a traditional encyclopedia, new information is changed on the fly. And when you think about it, it just makes more sense that an encyclopedia should be digital and dynamic. A book is fixed, if something in that book turns out to be wrong, it can't be fixed unless you're willing to shell out hundreds for a new editition.

Nobody says to go to it as a source(or any encyclopedia) for a college dissertation, but it's great as a source of concise information on an unbelievably wide array of subjects. And isn't that what encyclopedias were made for?

 

[Suicide]

Sadly, quick and concise as the information may be, it is seldom accurate. Would you buy an encyclopedia that was written by anyone from your grandmother to some kid sitting in his basement? No thanks. I'll go and find information from credible sources.

If everyone that edited articles on Wikipedia were proven to have academic training and be an expert in their fields, it would be a different story.

And if you're arguing with information, why shouldn't it be held up to university quality standards? Just because you're not defending a thesis doesn't mean there's an excuse for spreading mediocre (dis)information.

 

[speakeasy]

Even on topics that I know particularly well, I've found wikipedia to do a pretty good job of summarizing many topics. If something is uncredible there, that's why there are warnings at the top about something not being neutral or needing more references. People will then debate this issue until both sides come to a concensus on the facts. A living encyclopedia is an awesome invention when you think about it.

 

[PeterNorthisawesome]

What I do is look something up in Wikipedia, and if I want to look further into it or refer to the information in the future, I'll just fact-check it through more sources that I find on Google.

Oh how funny... this douche claimed wikipedia isn't credible, but he uses it himself. What a hyprocrite! Yes I'm sure google is credible too, even though the top websites pay them off, so their website comes up first. How how about going to the library and actually using books?

You're a total joke Dues, you claim to defend Christianity but you come to a site that promotes promiscuous behavior before marriage, then you go on a thread about hookers and claim it costed 2500 for you. You should practice what your preach. Oh btw thanks for proving my point, yes you are a lozer for spending...a total of... 9 months with your parents. Oh yes I knew you were part of the cheerforce aka. The AIRFORCE... easiest of the three branches.

Best way to protect yourself from the crumbling US economy is to...

1. Move to another country.
2. Get a specialized job like being a surgon or engineer. You can be those in any part of the world. Ex. Music degree is useless...
3. Buy foreign stocks esp. in Chinese or Japanese ones.
4. Get a government job, so you can get pention.

 

[Suicide]

Best way to protect yourself from the crumbling US economy is to...

1. Move to another country.
2. Get a specialized job like being a surgon or engineer. You can be those in any part of the world. Ex. Music degree is useless...
3. Buy foreign stocks esp. in Chinese or Japanese ones.
4. Get a government job, so you can get pention.

What makes you qualified on this topic? Can I see your PhD?

 

[Skel]

Get a large arsenal of guns. Its going to be like a post apocalyptic setting with gangs running rampant robbing looting and pillaging. The strong will survive. The weak will be prey. The armed will be the strong and run the country like in that movie cyborg with Van damme. People will wander around a wasteland and
eat each other brains.

 

[PeterNorthisawesome]

What makes you qualified on this topic? Can I see your PhD?

I was stating my opinion, I don't give a flying f'ck on what you think. Do what you want... I was just suggesting things based on the THREAD. If you don't like it... shut up and go to another thread. Btw what makes you qualified to judge my post?

 

[PeterNorthisawesome]

Ignore Peter. He hasn't graduated from high school yet, which is why he can't spell "pension."

Awww that's the best you can do... maybe you should have gone to college instead of joining the cheerforce. Oh that's right you didn't apply... well I hope a job at McD is fun for you.

 

[Suicide]

I was stating my opinion, I don't give a flying f'ck on what you think. Do what you want... I was just suggesting things based on the THREAD. If you don't like it... shut up and go to another thread. Btw what makes you qualified to judge my post?

I have a degree in economics, for starters.

 

[PeterNorthisawesome]

I have a degree in economics, for starters.

...so does 20,000 other people who graduated this year. So you're saying just because a doctor has a PHD you should ALWAYS listen to him and he's never wrong right?

 

[PeterNorthisawesome]

If you can find a single reference to "Cheer Force" being equated to "Air Force", I will be astonished. ONE.

(You misheard "chair" as "cheer", PeterNorth. Find the single reference, or move on.)



Why would I take a job where I have to STAND UP all day and make less than a third of what I'm making now?

Why don't you ask around? I heard this term used by a First Sergeant in the air force. So obviously you were the lower end and didn't get to talk with these kind of people. Wow 21 dollars a hour... goodjob... man. You must be proud of yourself. :crackup:

 

[Last Man Standing]

I have a degree in economics, for starters.

Have you read this thread?? The expert economists on this thread were saying everything is A-OK but, but, but, the BIS head bank/private "federal" reserve said that there is a possibility for a global depression due to the "expert" actions of the federal reserve - HUH??? They are the ones that were printing dollars to no end!!! They are to blame!!

When you do this the fiat currency collapses due to lack of confidence - it just becomes paper and not currency!! Inflation. A regional and then a global currency is what they want!!

They even are calling for it... http://www.prisonplanet.com/articles/february2006/210206globalcurrency.htm

This was orchestrated!! They knew better!!!!!!! Why would you give a 200,000 dollar credit/nortgage to individual making $12 an hour and and to immigrants who just got here?? This is a farce!! It destroy the savings of others who earned their keep!!

 

[Suicide]

Have you read this thread?? The expert economists on this thread were saying everything is A-OK but, but, but, the BIS head bank/private "federal" reserve said that there is a possibility for a global depression due to the "expert" actions of the federal reserve - HUH??? They are the ones that were printing dollars to no end!!! They are to blame!!

When you do this the fiat currency collapses due to lack of confidence - it just becomes paper and not currency!! Inflation. A regional and then a global currency is what they want!!

They even are calling for it... http://www.prisonplanet.com/articles/february2006/210206globalcurrency.htm

This was orchestrated!! They knew better!!!!!!! Why would you give a 200,000 dollar credit/nortgage to individual making $12 an hour and and to immigrants who just got here?? This is a farce!! It destroy the savings of others who earned their keep!!

Okay.

 

[PeterNorthisawesome]

Nah. I already know I'm right. I got a better idea: how about you find me ONE reference to "Chair Force" anywhere on the Internet besides this site? Again, you misheard this particular First Sergeant. He said "chair", bro. This is why when you type "chair force" into Google, you receive somewhere in the neighborhood of 25 million results all associated with the USAF, and when you type "cheer force" you are hit with a paltry 2 million with ZERO associated with the USAF.



I reported directly to a Master First Sergeant when I was at Sheppard, and was on pretty good terms with a Lt. Colonel and Senior Master Sergeant. However, they were too professional to use a term like "Chair Force."



Eh, not really. I mean, it's paying the bills while I save money to pursue my dream, but it's hard to be content when you know that a better life awaits you, you know? You're still extremely young, so I'm sure you can understand what I'm saying.

Believe what you want... it's CHEERFORCE... since airforce is the easiest of the three branches. :crackup: Funny... you just made fun of yourself without even knowing it.