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Author Topic: I see an economic diasater coming...  (Read 975813 times)

Offline triffid

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Re: I see an economic diasater coming...
« Reply #3840 on: November 19, 2014, 08:42:59 PM »
Trends in the labor market continue to be:
• Jobs are largely shifting to one of low wage labor.
• Middle class families are witnessing inflation and their purchasing power decline.
•Explosion of part-time jobs, which count as a "job" in government statistics.
•High number of people going into big debt to go to college, in hopes of escaping a low wage career, with many graduates unable to find a job in their field.
•Americans in their peak earning years of 25-54 are losing jobs, while those over age 55 gained jobs and comprise 22% of the workforce. (They can't retire)

 The US population has grown by 8 percent since 2004 from 292 million to 318 million. Those not in the labor force has grown by 17 percent in this same period. Some of this can be accounted for by aging baby boomers but most nearing retirement have little to no money to their name, so the new retirement plan is no retirement. Many will be working until they drop.

Free Energy | searching for free energy and discussing free energy

Re: I see an economic diasater coming...
« Reply #3840 on: November 19, 2014, 08:42:59 PM »

Offline triffid

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Re: I see an economic diasater coming...
« Reply #3841 on: November 29, 2014, 05:33:20 PM »
From an article titled the "race to zero percent":As it turns out, creating financial bubbles and asset price inflation does not create growth and prosperity for all. But don’t expect central bankers to admit this any time soon; they are what you call in poker “pot committed” to this policy. And thus the race to 0% is likely to continue as central bankers increasingly compete with one another in the greatest financial experiment in history.

Their goal is simple: drive the expected future return on all asset classes to 0% or even negative levels. This in turn will enable governments to continue to borrow beyond their means and convince the masses that things are great and they should spend what little money they have saved because stock prices are going up. In short, it is a policy of borrowing from the future to satisfy the whims of today, delaying the structural reforms necessary to generate real growth.

Is this good economic policy? Of course not, but with stocks at new highs don’t expect many complaints. Only after faith in these policies inevitably fade and stocks start going down will the blame game and hearings begin. “How could you have let this happen,” they will shout, pointing fingers at one another.

“Oh, what a tangled web we weave…when first we practice to deceive.” – Walter Scott

Offline triffid

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Re: I see an economic diasater coming...
« Reply #3842 on: November 29, 2014, 05:43:55 PM »
From an article titled"Dont shoot your mouth off in Ferguson :"I don’t know that the shooting was justified, but I do believe there is reasonable doubt about the shooting. There is Wilson’s word; there are some conflicting accounts. At this moment, the strongest argument against Wilson is suspicion, not fact. There’s this stereotype about white cops and black victims, and a cadre of professionals intent on making sure that the stereotype speaks louder than any evidence.

A heavy media presence also allowed hotheads to preen on national TV and fanned the flames of discontent. In August, critics piled on the militarized police presence in Ferguson which, they charged, contributed to public unrest. Remember the term “war zone?” After Monday night’s riots, cable news critics were complaining again about the cops and National Guard — but this time, because there weren’t enough of them. Well, which is it?

Soon the camera crews will be gone. Local merchants will take down the boards they had nailed to protect their windows. Small-business owners will debate whether to stay or relocate. Monday night’s looters will have to live with what they allowed themselves to become for one night. The people of Ferguson and the police who patrol their intersections will have to look each other in the eye again. Some rioters, too, will have to look at the damage they inflicted.

Offline triffid

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Re: I see an economic diasater coming...
« Reply #3843 on: November 29, 2014, 05:47:59 PM »
 More from the same article:After St. Louis County Prosecuting Attorney Robert McCulloch announced there would be no charges against Wilson, Brown’s stepfather was seen exhorting a crowd to “burn” his city down. Where is the justice in that?

Brian Willingham, a church pastor and black police officer from Flint, Mich., told the New York Times, “I now realize, that we who consider ourselves leaders in the black community can’t just be against racism. We have to also be against a portion of black culture that has become increasingly anti-authority and antisocial to a point of self-destruction. This is an enemy we’ve yet to engage in the black community. But it’s a conversation I think we’re forced to have now.”

Debra J. Saunders is a San

Francisco Chronicle columnist.

Offline triffid

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Re: I see an economic diasater coming...
« Reply #3844 on: November 29, 2014, 06:06:36 PM »
Three changes congress wants to make to social security.  http://www.fool.com/retirement/general/2014/11/29/3-major-changes-congress-wants-to-make-to-social-s.aspx  Best to read it in its entirety.And read readers comments.triffid

Free Energy | searching for free energy and discussing free energy

Re: I see an economic diasater coming...
« Reply #3844 on: November 29, 2014, 06:06:36 PM »
Sponsored links:




Offline triffid

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Re: I see an economic diasater coming...
« Reply #3845 on: November 29, 2014, 06:11:09 PM »
One more thing, only US citizens can collect SS so the money paid by illegals is used for American citizens and the illegals cannot collect. And they can't vote, either, so the phrase No Taxation Without Representation should come to mind

Offline triffid

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Re: I see an economic diasater coming...
« Reply #3846 on: December 03, 2014, 09:20:34 PM »
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Offline triffid

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Re: I see an economic diasater coming...
« Reply #3847 on: December 13, 2014, 05:23:29 PM »
It seems that gold has been on the rise lately,silver not far behind as the dollar weakens.Lower gas prices are helping make a better Christmas for everyone in the USA.Maybe Europe too?
When inflation hits 25% in the USA I will head for the hills.triffid

Offline triffid

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Re: I see an economic diasater coming...
« Reply #3848 on: December 13, 2014, 05:28:45 PM »
Big banks on wallstreet win again as lawmakers pass the new spending bill.http://finance.yahoo.com/news/wall-street-wins-in--1-1-trillion-spending-bill--but-who-loses-162059497.html

Offline triffid

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Re: I see an economic diasater coming...
« Reply #3849 on: December 13, 2014, 05:29:59 PM »
Progressive Democrats, led by Massachusetts Senator Elizabeth Warren, railed against the Wall Street-friendly provision which made its way into the bill at the last minute: The weakening of the so-called “swaps push-out rule” from the 2010 Dodd Frank financial reform law. The push-out rule bans big banks from using taxpayer-insured depositor funds to back certain risky derivatives trading. It also requires financial institutions to move parts of their business involved in those trades to separate groups or affiliates.

On the floor of the Senate on Wednesday, Warren pleaded with her House counterparts to vote down the bill. “Who does Congress work for?” she asked. “Does it work for the millionaires, the billionaires, the giant companies with their armies of lobbyists and lawyers? Or does it work for all of us?”

Dramatic but perhaps valid questions. Financial services companies spent $1.2 billion on campaign contributions and lobbying between January 2013 and mid-November 2014.

Free Energy | searching for free energy and discussing free energy

Re: I see an economic diasater coming...
« Reply #3849 on: December 13, 2014, 05:29:59 PM »
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Offline triffid

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Re: I see an economic diasater coming...
« Reply #3850 on: December 13, 2014, 05:36:45 PM »
Lawmakers rallied around the idea of financial reform in the immediate aftermath of the financial crisis. But pushback from the financial industry grew as Dodd Frank legislation took shape. “For years, they delayed implementation,” says Task. “And now that it’s the law of the land, Wall Street has continued to and will continue to fight back against it. And they won a big one here.”triffid

Offline Sergh

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Re: I see an economic diasater coming...
« Reply #3851 on: December 24, 2014, 04:37:01 PM »
What's this?
United States, Canada and Ukraine like Nazism, neo-Nazism and racism
?

Original from UN site:
http://www.un.org/en/ga/third/69/docs/voting_sheets/L56.Rev1.pdf


Offline Qwert

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Re: I see an economic diasater coming...
« Reply #3852 on: December 24, 2014, 06:04:43 PM »
What's this?
United States, Canada and Ukraine like Nazism, neo-Nazism and racism
?

Original from UN site:
http://www.un.org/en/ga/third/69/docs/voting_sheets/L56.Rev1.pdf



Read and UNDERSTAND the English language:
COMBATING GLORIFICATION of Nazism. Do you know what does that mean COMBATING GLORIFICATION of something?

Offline the_big_m_in_ok

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Re: I see an economic diasater coming...
« Reply #3853 on: December 30, 2014, 10:44:03 PM »
It seems that gold has been on the rise lately,silver not far behind as the dollar weakens.Lower gas prices are helping make a better Christmas for everyone in the USA.Maybe Europe too?
When inflation hits 25% in the USA I will head for the hills.triffid
       This is becoming a really big European problem:
http://www.bloomberg.com/news/2014-12-16/ruble-snaps-six-day-loss-on-surprise-rate-increase-to-17-percent.html

and...

http://www.silverdoctors.com/marshall-swing-1-5-quadrillion-in-derivatives-will-collapse-in-2015-entire-financial-system-to-implode-in-an-hour/

and...

http://www.businessinsider.com/stock-market-crash-2014-2
and this as well...
http://www.businessinsider.com/stocks-crash-2014-1

try this one as well...

http://www.counterpunch.org/2014/12/12/will-falling-oil-prices-crash-the-markets/

       If these projections become reality, 'the game is over' for the American and European commodity/stock/bond speculators.

What was it like in the early Thirties?   My parents and grandparents lived through this and this time there's a whole lot more money at stake.   Collapse should be on a lot of people';s minds in a few weeks or months.   

       Oh, WilbyInebriated, I didn't forget you and your insinuating rhetoric.   You were told what I was doing with this page, right?   I remember very well.

--Lee

Offline ramset

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Re: I see an economic diasater coming...
« Reply #3854 on: December 30, 2014, 10:50:03 PM »
OOOYYYYEEE
please don't summon the "W"
 :o
PLEASE

Free Energy | searching for free energy and discussing free energy

Re: I see an economic diasater coming...
« Reply #3854 on: December 30, 2014, 10:50:03 PM »

 

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