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Author Topic: I see an economic diasater coming...  (Read 1440578 times)

PaulLowrance

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Re: I see an economic diasater coming...
« Reply #195 on: November 29, 2009, 06:25:10 AM »
Is this a voting thread? Yes I believe the US economy will get better. Wait a minute, that's not much of a prediction because todays news already said that. The past several days the news stations, especially the business channel said for 1st month the entire US unemployement took a turn toward the positive. And the results from yesterdays busiest shopping day of the year was up from last year and online sales were up 30%!

But ... the global earth changes will eventually destroy world economies.  :(

Paul

onthecuttingedge2005

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Re: I see an economic diasater coming...
« Reply #196 on: November 29, 2009, 08:39:47 AM »
Slap the dust off and try to get back on your horse, if it throws you off again then remount till you get it right.

I am sure you don't want to be chasing your horse when you could be riding off into the sunset!

Doug1

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Re: I see an economic diasater coming...
« Reply #197 on: November 29, 2009, 11:59:24 AM »
Unemployment in the US does not account for those who's insurance has run out. Those people are removed from the count even though they have not returned to work. It is a BS method of accounting. It does not include those who did not work long enough to collect once layed off or did not qualify under their state unemployment insurance rules.
 The depth of banking deception or in some peoples eyes are good business practices by banks has yet to be fully known.
Example if you move millions of defaulted mortgages into another column before a pending recession and call them something ells then you look better on paper to your stock holders. If on the other hand you take tarp funds and the gov asks to see your books after you take the money post recession then you would need a diaper change and you would want to give back that money pronto to avoid someone spilling the beans on your in house scam that would surely destroy any public confidence in the banking system.
  This economy reminds me of the skit from Monty Pythons Flying circus where the guy comes in with the dead parrot and the store owner tells him it's not dead it;s just sleeping.

Cap-Z-ro

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Re: I see an economic diasater coming...
« Reply #198 on: November 29, 2009, 12:26:03 PM »
" Unemployment in the US does not account
for those who's insurance has run out. Those people are removed from the count even though they have not returned to work. It is a BS method of accounting. "

Those figures were arrived at by crack scientific team of US Climate Control experts, considered to be the vanguard of 'number crunchers'.

I have great confidence in their integrity and their findings.

Regards...


PaulLowrance

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Re: I see an economic diasater coming...
« Reply #199 on: November 29, 2009, 04:05:10 PM »

"I Hope Obama Fails. Somebody's gotta say it." Rush Limbaugh

LOL, rush limbaugh is going insane on the radio lately. The recent economy numbers must be eating a hole in his stomach, that the stocks are soaring upward, the unemployment makes a turn for the better, black friday busiest shopping day of the year is actually up from last year, online sales up 30%, and real estate is picking up! Yehaw! And I thought it would take Obama ~ 4 years to turn the economy, thanks to the nightmare of G.W.Bush. Now it's upwards from here.

The real estate is unfortunate for me since over the past year I've been looking to eventually buy some rural land. Darn it, it's going up!  :( ;D ;D

Regards,
Paul

Cap-Z-ro

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Re: I see an economic diasater coming...
« Reply #200 on: November 29, 2009, 04:42:07 PM »

Give a listen what Bob Chapman has to say...

http://eclipptv.com/viewVideo.php?video_id=8516


Regards...


the_big_m_in_ok

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Re: I see an economic diasater coming...
« Reply #201 on: November 29, 2009, 04:45:40 PM »
Is this a voting thread?
It is, indeed.  You need to be a Member, though.
Quote
Yes I believe the US economy will get better.
I'll list the reasons I think it won't:
1) 80%-90% of the households qualified to refinance their subprime mortgages, won't.  And, rates will reset higher again in a few months.
2) Dubai may default on their loans.  That would destabilize the Asian financial markets in particular.
3) Confidence could collapse in national efforts by the Obama administration to prop up the economy.  If people don't trust the Gov't with their money, is all over.  No amount would be enough when Obama's policies call for printing more---which is what is happening now, or will, happen when they need more.
4) Europe, especially England, is worse off than us in this recession.  They don't have our economic size to stand on their own.  Just as bad for Asia---Japan and South Korea notwithstanding their size.
5) North Korea is governed by a maniac who could start a regional---or wider--war with South Korea.
6) Most of Africa is a powder keg--especially the Muslim countries.
7) The war in Southwest cannot be won militarily.  It's a black hole for American money.  No end in sight.
If the Afghans decide to bring in a lot more volunteers, they can perform WWII "Banzai! charges" that no amount of American Firepower can stop.  It's crazy, and would cost the Muslims a lot of lives, but it would stop the Americans.  There are more than enough Muslims to do the job.
Quote
Wait a minute, that's not much of a prediction because todays news already said that. The past several days the news stations, especially the business channel said for 1st month the entire US unemployement took a turn toward the positive. And the results from yesterdays busiest shopping day of the year was up from last year and online sales were up 30%!
My reasons against this are above.
Quote
But ... the global earth changes will eventually destroy world economies.  :(
There probably won't be "economies" by then.  :-\   :o   

--Lee 

onthecuttingedge2005

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Re: I see an economic diasater coming...
« Reply #202 on: November 29, 2009, 08:51:29 PM »
It is, indeed.  You need to be a Member, though.I'll list the reasons I think it won't:
1) 80%-90% of the households qualified to refinance their subprime mortgages, won't.  And, rates will reset higher again in a few months.
2) Dubai may default on their loans.  That would destabilize the Asian financial markets in particular.
3) Confidence could collapse in national efforts by the Obama administration to prop up the economy.  If people don't trust the Gov't with their money, is all over.  No amount would be enough when Obama's policies call for printing more---which is what is happening now, or will, happen when they need more.
4) Europe, especially England, is worse off than us in this recession.  They don't have our economic size to stand on their own.  Just as bad for Asia---Japan and South Korea notwithstanding their size.
5) North Korea is governed by a maniac who could start a regional---or wider--war with South Korea.
6) Most of Africa is a powder keg--especially the Muslim countries.
7) The war in Southwest cannot be won militarily.  It's a black hole for American money.  No end in sight.
If the Afghans decide to bring in a lot more volunteers, they can perform WWII "Banzai! charges" that no amount of American Firepower can stop.  It's crazy, and would cost the Muslims a lot of lives, but it would stop the Americans.  There are more than enough Muslims to do the job.My reasons against this are above.There probably won't be "economies" by then.  :-\   :o   

--Lee

I think the U.S is at war with radical Taliban, not Muslims in general. many of the allies are Muslim fighting the Taliban radicals who want to over throw the government built on Muslim democracy.

define:democracy
a political system in which the supreme power lies in a body of citizens who can elect people to represent them.

radical Taliban don't want Muslims to have democracy.

in Iraq, we were at war with saddam's war regime not Sunnis or Shiite in general. now, Sunnis don't want Shiites to rule a democracy nation and Shiites don't want to give up their new found power which was Nil during saddams reign of Baath party power. U.S only remains in Iraq to prevent a major civil war outbreak, there is a civil war going on but not as severe as it would be if America just up and left. most of the civil war procrastinators are dead by Chopper and C-130 Spector fire. you really can't stop a suicide bomber unless you have x-ray vision at a distance. but the main front groups are getting slim this is why they are turning more to suicide bombing because they are short on men, it gives a shock and aww effect to make the situation seem alot more brutal to the entire world.

there must be a lot of people over there with bipolar disease! lol.

the radicals are converting to 'kamikaze Ninja' methods because it requires no rules of war and is effective against a war with rules.

Just my two pence.
Jerry
« Last Edit: November 29, 2009, 09:51:06 PM by onthecuttingedge2005 »

the_big_m_in_ok

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Re: I see an economic diasater coming...
« Reply #203 on: November 29, 2009, 10:14:27 PM »
I think the U.S is at war with radical Taliban, not Muslims in general. ...
Right, I agree.  Moderate Muslims are help hostage by these sociopaths.
Quote
...many of the allies are Muslim fighting the Taliban radicals who want to over throw the government built on Muslim democracy.
define:democracy
a political system in which the supreme power lies in a body of citizens who can elect people to represent them.
radical Taliban don't want Muslims to have democracy. ...
Right again.  They can only change themselves, which they won't.
Quote
...the radicals are converting to 'kamikaze Ninja' methods because it requires no rules of war and is effective against a war with rules.
Just my two pence.
I agree.  They have all the patience they need.  They can win, too.  My careerbuilder resume' had a proposal to combat this development, and it's still there.

--Lee

PaulLowrance

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Re: I see an economic diasater coming...
« Reply #204 on: December 04, 2009, 03:26:37 PM »

PaulLowrance

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Re: I see an economic diasater coming...
« Reply #205 on: December 04, 2009, 03:34:55 PM »

 Jobs are up. Real estate is up. Sales from the big shopping day of the year last week was up. Online sales are up over 30%. Stocks are soaring upward.  :)

The only thing is for Mother Earth to do her thing and cleanse the planet. Now that will hurt the economy!  :(

Paul
 

the_big_m_in_ok

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Re: I see an economic diasater coming...
« Reply #206 on: December 04, 2009, 04:17:15 PM »
Jobs are up.
I think this is a double dip condition.  There are underlying problems in the economy not being addressed.
Quote
Real estate is up.
People are still borrowed, not seeing the past double dips of previous recessions.  Not good.  This is a mistake.
Quote
Sales from the big shopping day of the year last week was up. Online sales are up over 30%. Stocks are soaring upward.  :)
Borrowing and speculation.  Bubbles that were made by Obama's stimulus package(s).  These usually end badly when they deflate.  I live in Calif.(13% of the whole American GDP) and economic analysts here are scared.
Lots. Of. Gimmicky. Borrowing.
Quote
The only thing is for Mother Earth to do her thing and cleanse the planet. Now that will hurt the economy!  :(
People need to begin now, collectively on a grand scale, and they're not doing that.

--Lee


PaulLowrance

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Re: I see an economic diasater coming...
« Reply #207 on: December 04, 2009, 04:31:20 PM »
The recent #'s don't lie. I'm glad the economy in *totality* is making a major turn toward the better, and all (in totality) is going well.  ;D   Just look out for Mother Earth though. She's pissed.  ;)

Azorus

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Re: I see an economic diasater coming...
« Reply #208 on: December 04, 2009, 04:32:33 PM »
Agrees with big,

Some of the problems out there?

The remaining toxin mortgages that haven't been delt with.  some 76 billion dollars worth according to CNN, sorry no link.

The 1/3 of borrowers that are underwater.  Ya that is gonna drive up the housing market real quick...  also CNN

The all mighty deficit!  Look at it go up!

The underemployment problem where people have a job but not enough to pay for what they owe.

And the people who get taken off the Jobloss report because they no longer can receive unemployment benefits.

What did I leave out?

the_big_m_in_ok

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Re: I see an economic diasater coming...
« Reply #209 on: December 04, 2009, 05:01:51 PM »
The recent #'s don't lie.
Politicians can lie, so the numbers can lie.  "Appearances can be deceiving."  ;D   >:(   ::)
Quote
Just look out for Mother Earth though. She's pissed.  ;)
People made a problem or made a natural process worse, but you're right.  It's bad.

--Lee