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Author Topic: I see an economic diasater coming...  (Read 1440369 times)

the_big_m_in_ok

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I see an economic diasater coming...
« on: September 03, 2009, 07:05:30 AM »
@all
Even if this site below is religiously oriented, they actually do have a point:

http://www.thetrumpet.com/index.php?q=6392.4873.0.0

Also:

http://dailyreckoning.com/yet-another-jobs-dilemma/
http://www.thetrumpet.com/index.php?q=6097.4500.0.0

I tend to ignore the religious aspect because I don't believe in their religion and I didn't cause the economic mess this country is in.  I'm not taking personal responsibility for it.  I've never had the money for even one credit card.

But, since I'm here on this planet, I have to put up with the effects of someone else's decision---as bad as the looks to me.

What to do about it?  I'm just waiting.  I was living on the streets for almost 1 1/2 yrs, and I got by on luck alone.  If I deserve to live, I will.  If I don't, I won't.

The die is cast.  Millions will go the relatives(who are as bad off), go to social services(overwhelmed) or starve(probable).  I'm already in a homeless shelter until it closes from lack of money(likely).  Then I'll take my place with everyone else.

Whatever ever I do, it's my decision, but I'm not afraid.  I got over that on the streets.

Good luck to me and you.  We'll all probably need it.

--Lee

Re-edit:
I'm open to discussion, but the Internet has other references to this problem besides the one above.  Diligent research should uncover them.  Think I'm wrong in this prediction?  "Wait and see", as the saying goes.

christo4_99

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Re: I see an economic diasater coming...
« Reply #1 on: September 03, 2009, 09:38:58 AM »
In the U.S. we have had since the Great Depression to learn from our mistakes.Pity we didn't though.Instead we convinced the whole world to become tied into the mess.Now the whole world will have the opportunity to learn this lesson with us.So what's the lesson we should have learned by now?"Money is the mechanism by which resources are squandered from the earth,man is robbed of his lifetime pursuant to.The phrase "let them eat cake" comes to mind in that the wealthy are saying "let them have paper".This is the real lesson.But if you want to know what you will end up thinking i think it will go something like ..."oh wise and great wizards of oz,thank you for solving our problems for us,now since you are so great and all knowing,let me grant my trust to you for other aspects and a more thorough control of my life...etc,etc...".

the_big_m_in_ok

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I see an economic disaster coming...
« Reply #2 on: September 03, 2009, 09:37:48 PM »
@christo4_99
You're right.  I'd say we've got a few week left until the American public realizes this scenario can't go on.  Then the "defecation will hit the airscoop".

--Lee

the_big_m_in_ok

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I know an economic disaster is coming...
« Reply #3 on: September 04, 2009, 03:20:58 AM »
the_big_m_in_ok said:
Quote
@all
Even if this site below is religiously oriented, they actually do have a point:
The site I gave in the initial post was religious in viewpoint.  Here's another slant without the religion and with economics factored in instead:

http://globaleconomicanalysis.blogspot.com/2009/08/dismal-unemployment-situation-in-chart.html

http://www.huffingtonpost.com/2009/07/17/15-million-to-exhaust-une_n_238281.html


and, this is just for California:

http://www.calculatedriskblog.com/2009/08/weekly-unemployment-claims-increase_20.html

When the daily Good Morning America news show makes a feature presentation on this subject, it'll be right there in front of everyone.  The dam will break.

If they don't, people will begin talking to friends, neighbors and relatives until it becomes clear to all what's going on.  The dam will still break eventually.

Sooner or later, the effect is the same.

--Lee

onthecuttingedge2005

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Re: I see an economic diasater coming...
« Reply #4 on: September 04, 2009, 05:29:16 AM »
this is the current trend on a national rate and not by state.

Unemployment rate percentages over the years.

it is going back down as of now.

It may be better to go back to our primitive migratory responses and move to states that have more work available. a lot of people tend to stick with one area now a days and lose out on the benefits of migration.

Jerry ;)

the_big_m_in_ok

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Re: I see an economic diasater coming...
« Reply #5 on: September 04, 2009, 05:38:31 PM »
onthecuttingedge2005 said:
Quote
It may be better to go back to our primitive migratory responses and move to states that have more work available. a lot of people tend to stick with one area now a days and lose out on the benefits of migration.
Hi Jerry,
Ordinarily, you'd be right.  This isn't an *ordinary* situation, however.  Only---maybe---the Upper Plains states have fairly low unemployment rates nowadays.  Most people can't go anywhere to escape this problem.  I did it in Houston in 1983, but not today.  It's bad everywhere, really.

At least I live in CA now.  Not as many guns here as in AZ or NV.

--Lee

onthecuttingedge2005

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Re: I see an economic diasater coming...
« Reply #6 on: September 04, 2009, 06:49:14 PM »
onthecuttingedge2005 said:Hi Jerry,
Ordinarily, you'd be right.  This isn't an *ordinary* situation, however.  Only---maybe---the Upper Plains states have fairly low unemployment rates nowadays.  Most people can't go anywhere to escape this problem.  I did it in Houston in 1983, but not today.  It's bad everywhere, really.

At least I live in CA now.  Not as many guns here as in AZ or NV.

--Lee

Hi Lee.

I live in the High Sierra's 50 miles from any big town and 100 miles from any big city.
the only real jobs here are through public works, working for the county.

apply to public works as a floater, a floater fills in for everyones days off, it could lead to a full time job which carries good benefits and they treat you well if your easy to get a long with.

you would have to pass a drug test and a physical.


a public works floater is almost a guaranteed position because it is a position nobody wants but does pay good and you get to work different positions at different locations at different times and that could lead to some good experiences.

good luck.
Jerry ;)

the_big_m_in_ok

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Re: I see an economic diasater coming...
« Reply #7 on: September 04, 2009, 09:21:47 PM »
onthecuttingedge2005 said:
Quote
Hi Lee.
I live in the High Sierra's 50 miles from any big town and 100 miles from any big city. ...
Hi Jerry,
Very good!  You have an advantage over the average city dweller like me.  People "out in the sticks" need to be more aware of their environment, rather like the mountain men in olden days.  If you have a rifle, keep it clean and have enough ammo on hand.  I'm a Veteran and I know this is important.
Quote
...the only real jobs here are through public works, working for the county.
That's okay, as long as the money lasts.  It may not last a lot longer.  Barter is becoming a more popular option in doing business these days.

--Lee

dankie

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Re: I see an economic diasater coming...
« Reply #8 on: September 04, 2009, 10:57:58 PM »
If you are really smart you can master the new car geet and install it for people .

People need to invent their own jobs and stop being so pathetic .

http://www.geet.nl/news.php



« Last Edit: September 04, 2009, 11:28:55 PM by dankie »

the_big_m_in_ok

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Nobody will need this GEET technology after the economy collapses...
« Reply #9 on: September 05, 2009, 12:51:51 AM »
dankie said:
Quote
If you are really smart you can master the new car geet and install it for people.
Eventually, 3-4 million people who were spending money, will stop doing that after their unemployment benefits run out.  This will *snowball* into a 10X bigger trickle-down effect that snowballs even bigger after that.
Money?  It's running out and there won't be any in the future.  The military/political corporate machinery may try and keep things going on be declaring WWIII on the Muslims.
Just like in WWII. 
Quote
People need to invent their own jobs and stop being so pathetic .
My former business associate tried to do that honestly, and he was treated like crap!  The people he was talking to weren't going to give him an even break.  They wanted what he had, even if he was an expert.  The whole world is like this, which is why I never participated in the greedy games people like to play.
I'm not so stupid as to try and fight an uphill battle against the entrenched possessive fear a lot of people have.  Doesn't do any good.  They don't want to change.

--Lee

onthecuttingedge2005

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Re: I see an economic diasater coming...
« Reply #10 on: September 05, 2009, 01:34:26 AM »
out of 50 states as a whole the unemployement rate is only 9.4%, this is not enough to collapse a nation, you would have to approach about 25% nation wide unemployement to do any real damage.

now that doesn't mean your 'county or state' won't collapse. just not the nation.

there is still a 90.6% employement rate in the nation as a whole, there is still way to much infrastructure for this very huge enonomy to collapse, the inflation isn't very high either and it to is reversing.

the country got hit hard I can grant you that but it won't do enough damage to keep the U.S from ever getting back off its knees.

and as soon as the wars stop the economy will pick up just like after all the other wars.

here is the current inflation rates;

Jerry :)

onthecuttingedge2005

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Re: Nobody will need this GEET technology after the economy collapses...
« Reply #11 on: September 05, 2009, 02:00:27 AM »

Money?  It's running out and there won't be any in the future.  The military/political corporate machinery may try and keep things going on be declaring WWIII on the Muslims.

--Lee

Hi Lee.

I really think this is a bad statement saying a war on Muslims, America is not at war with Muslims, it is at war with radical terrorists against governments.
it just so happens that most are Muslim but that has nothing to do with the war.

we in the United States have plenty of Muslims blended with our society and I don't see any police or military locking them up because their Muslim, we are not at war with Muslims?

most Muslims are good people just like the rest of us, they are just getting a bad name because of radicals trying to conquer their governments and take rule as Muslim radicals and probably force dictatorship into the country by an Iron Fist.

we have a very nice blend of multi-culture and diversity in this country.

there will always be criminals in any race or creed but what can one do to eliminate the crime? The Prisons are full. build more prisons?

Jerry  :)

lltfdaniel1

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Re: I see an economic diasater coming...
« Reply #12 on: September 05, 2009, 03:12:08 AM »
-

onthecuttingedge2005

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Re: I see an economic diasater coming...
« Reply #13 on: September 05, 2009, 05:10:38 AM »
BBC doesn't know squat about America, I live here, I should know better than the BBC.

British Broadcast belongs with the rest of the foreign media.

more fear mongering, fear mongering is a tactic, well BBC, if America collapses then you got a whole lot of crap to deal with yourself, all those terrorist that want to change your little BBC country to an 'Iron fist' Muslim world ruled by radical muslim shia law. America is the only one whose going to save your butt. pull your head out of your arse!

or are you just making good conversation!?

Babylon area was given the confusion of language by God but was also given the confusion of religion for the whole of the world! why is that! I wonder!

Jerry :)

the_big_m_in_ok

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Re: I see an economic diasater coming...
« Reply #14 on: September 05, 2009, 05:15:08 AM »
onthecuttingedge2005 said:
Quote
...out of 50 states as a whole the unemployement rate is only 9.4%, this is not enough to collapse a nation, you would have to approach about 25% nation wide unemployement to do any real damage. ...
Hi jerry,
You're correct in your exact opinion:  The official national unemployment rate is right at 9.7%(about 23-26 year high).
But nobody is being told:  The unofficial, noncompetitive job seeker, who quit looking for work, isn't being counted.  Really.  I my state(Calif.), the official rate is about 11-11.5% that might make the unofficial rate at nearly 25%.

The favorable exchange rate for the dollar and the tourist industry in San Francisco is saving the state---temporarily.  Otherwise businesses are closing regularly.  I see it several times a week on the train into downtown on the main streets.

To say, "It doesn't look good for the future", is a guarded understatement.  There are subtle, hidden problems that can become very, very! serious in due course.

--Lee