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Author Topic: I see an economic diasater coming...  (Read 1440594 times)

the_big_m_in_ok

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Re: I see an economic diasater coming...
« Reply #735 on: November 07, 2010, 01:32:37 AM »
@screaminvern
With respect to your whole post, Reply #733, pg. 49,

Exactly.  You're a newbie, but not as poorly opinionated or as delusional as a few around here.

What do you know about electronics?  Lots of threads to look at.

--Lee
 

triffid

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Re: I see an economic diasater coming...
« Reply #736 on: November 08, 2010, 02:46:31 PM »
A lot of the japanese americans were native born americans who were stripped of their freedoms and property due to some bigwig in washington DC.I will never trust government.A lot of the JA were born in this country and that did not matter one bit.They all had the face of the enemy.Too bad they were forced out of their homes and businesses.Too bad when the war ended they were forced to move again out into an america that hated japs.The ones who tried to go home found other people on their properties and hatred there too.
Most ended up going east when the west coast had been their original home.

the_big_m_in_ok

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Re: I see an economic diasater coming...
« Reply #737 on: November 08, 2010, 07:52:32 PM »
triffid said:
Quote
A lot of the japanese americans were native born americans who were stripped of their freedoms
Yeah, I know.  You're talking to the choir on that one.

I'm Native American and Viet Nam Era vet.   Politics!!!!!!  I can't say anything good about the subject of politics.

On topic:
Glen Beck's conservative TV cable show a few days ago had 2 interviewed guests who wrote books that had the gist:

The Chinese will either:  1) stop buying our debt  or  2) Demand payment at once --- maybe some combination of both??

After two weeks, it's pandemonium in the economy and possibly?!?! widespread social unrest in many large cities.  Everywhere.

Collapse after that??




Another source of information.  I'm not the only one saying it.
RE_EDIT:
More on a slightly different subject:

http://money.cnn.com/2010/10/29/news/economy/quantitative_easing_liquidity_trap/index.htm
http://money.cnn.com/2010/10/05/news/economy/Fed_quantitative_easing/index.htm

--Lee
« Last Edit: November 09, 2010, 03:48:42 AM by the_big_m_in_ok »

triffid

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Re: I see an economic diasater coming...
« Reply #738 on: November 09, 2010, 09:46:52 PM »
Have you noticed the price per oz of silver is jumping up there now?$27.12 per oz now.Back in april it was around $17.5 an oz.

triffid

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Re: I see an economic diasater coming...
« Reply #739 on: November 09, 2010, 09:50:05 PM »
Time to hone all the repair skills you can.I just fixed an old hotplate today.It works so I'm talking about it.triffid

the_big_m_in_ok

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Re: I see an economic diasater coming...
« Reply #740 on: November 10, 2010, 02:15:42 AM »
Have you noticed the price per oz of silver is jumping up there now?$27.12 per oz now.Back in april it was around $17.5 an oz.
Gold is doing the same, isn't it?  But, as I may have said somewhere before, "You can't eat a gold piece."  Try stockpiling cans of food, gun/ammo, soap, salt, tools, medicine, etc.

--Lee

the_big_m_in_ok

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Re: I see an economic diasater coming...
« Reply #741 on: November 10, 2010, 02:17:41 AM »
Time to hone all the repair skills you can.I just fixed an old hotplate today.It works so I'm talking about it.triffid
Right.  Collect tools, a gun & ammo, food, medicine etc.  Hide these if possible.

--Lee

triffid

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Re: I see an economic diasater coming...
« Reply #742 on: November 12, 2010, 04:41:01 AM »
I watched a NOVA tv show on "Dogs Decoded".It seems that dogowners live longer than those without dogs.Maybe we need hunting dogs to help us survive whatever comes?triffid

triffid

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Re: I see an economic diasater coming...
« Reply #743 on: November 15, 2010, 12:41:15 PM »
Need a used truck and a gun?Need an ak47? Get a free  ak47 when you buy your truck.I was surprised that the dealership was not located in Washington DC but its in Fla.http://news.yahoo.com/s/ap/20101115/ap_on_fe_st/us_odd_truck_dealer_free_guns     triffid

the_big_m_in_ok

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Re: I see an economic diasater coming...
« Reply #744 on: November 16, 2010, 01:36:58 AM »
Need a used truck and a gun?Need an ak47? Get a free  ak47 when you buy your truck.I was surprised that the dealership was not located in Washington DC but its in Fla.http://news.yahoo.com/s/ap/20101115/ap_on_fe_st/us_odd_truck_dealer_free_guns     triffid
Yeah, I heard of that, too.  At least the single shot(?) AK-47's are legal. I believe.

Got to go now.  They're closing this lab for a special class.
OKAY, LATER RE_EDIT:
They kind of cater to the lunatic fringe---revolutionary/anarchist, don't they?  Well, the Feds may have something to say about that eventually.

On topic:
This plan for the Gov't to print $600 billion and buy securities in order to jump-start the housing industry is drawing live verbal fire from Congress and the voters in due course, eventually, I think.  Inflation is the main concern.  Followed closely by the possibility of creating/maintaining another financial bubble.

This is more of the same old policies.  The only thing that's changed is that the economy is going to last a little longer.  That's about it.  It'll collapse anyway.  Just take longer to do it.



Something else:
Analysts warn at least one cable TV reporter to "watch out for the peripherals:  Ireland, Spain and Portugal."
They're just as vulnerable as they always were.  For the same reason we are:  Their bubble was bailed out by the EU and/or the IMF.  Not to mention Greece.  I expect fresh riots to return to major European city streets before it's all settled.  If it ever is.

--Lee
« Last Edit: November 16, 2010, 03:15:25 AM by the_big_m_in_ok »

the_big_m_in_ok

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Re: I see an economic diasater coming...
« Reply #745 on: November 17, 2010, 02:45:52 AM »
This is more of the same old policies.  The only thing that's changed is that the economy is going to last a little longer.  That's about it.  It'll collapse anyway.  Just take longer to do it.
This just in, 16 Nov '10:

http://www.foxnews.com/us/2010/11/16/report-foreclosure-mess-threaten-banks/?test=latestnews
(This article may be replaced in the future by fresher news, unless it's archived.)

This whole thing is a complex set of problems with no good answer.  Greed and lax Federal regulations oversight, or plain incompetence---or both--- for decades has caused the economy to reach a financial cliff that's deadly to fall off of.

Lee *continues to sip soda and munch on popcorn while waiting for the The Collapse*

--Lee


triffid

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Re: I see an economic diasater coming...
« Reply #746 on: November 17, 2010, 09:43:21 PM »
I heard today about cell phones that recharge themselves drawing energy from radio waves. http://www.inhabitat.com/2009/06/11/nokia-phones-pull-energy-out-of-thin-air/    triffid

triffid

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Re: I see an economic diasater coming...
« Reply #747 on: November 17, 2010, 09:52:43 PM »
Both my brother and I agree the collapse is coming.We call it "The Storm" however.And hope we can sit it out without firearms.I opened up a 5lb bag of cornmeal the other day(5 months old maybe) and found it infested with bugs.I ended up throwing it out and cussing myself for not storing it better.triffid

the_big_m_in_ok

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Re: I see an economic diasater coming...
« Reply #748 on: November 17, 2010, 10:58:41 PM »
I heard today about cell phones that recharge themselves drawing energy from radio waves. http://www.inhabitat.com/2009/06/11/nokia-phones-pull-energy-out-of-thin-air/    triffid
Right, that's a good idea, but some European countries would ban devices that tap the grid, won't they?

I saw on another thread awhile back:  Taking only the ground wire of the American-style electric wall plug, adding two opposing diodes to the end, and then attaching each polarity-correct diode to the positive and negative terminals of an electrolytic capacitor will charge the capacitor to about 17 volts in 3-4 hrs.

J. Naudin did the original research, I believe.

--Lee

the_big_m_in_ok

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Re: I see an economic diasater coming...
« Reply #749 on: November 17, 2010, 11:06:29 PM »
Both my brother and I agree the collapse is coming.We call it "The Storm" however.And hope we can sit it out without firearms.
I hope so, too.  When people have no money they want to feel comfortable with, they become a whole lot less civilized.  Some people make money their God.
My medical past disallows my owning a gun legally, but you and your brother might be okay in that regard.  You might practice your accuracy on targets at a range occasionally.
Quote
I opened up a 5lb bag of cornmeal the other day(5 months old maybe) and found it infested with bugs.I ended up throwing it out and cussing myself for not storing it better.triffid
Yeah, that's a problem.  I got some 'C' Rations from a Veteran's-Stand-Down-type of meeting in San Francisco recently.  They last a long time.

--Lee