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Overunity Machines Forum



I see an economic diasater coming...

Started by the_big_m_in_ok, September 03, 2009, 01:05:30 AM

Previous topic - Next topic

0 Members and 6 Guests are viewing this topic.

Do you think the American economy will ever improve?

Yes, definitely
Possibly, in the long run
No, it will worsen
Undecided

Magluvin

One problem I had thought of is, it seems if you added all the money of all the millionaires and billionaires, then think, hmm, if this is where a large amount of money is, this is a problem. Many of them are sitting on most of it. If it doesnt circulate, and just accumulates(to them), then there is less for everyone else, no?

Its probably a partial reason the Gov has to print more.

Think of all the paper money(since its beginnings) that has been lost, buried and never found, burned, etc.  The more that it happens, the more that is missing from the economies. Possible billions.

I tell ya, I hope Obamy gets shmack down over that Solyndra deal. Gop are working hard on that, finding inconsistencies with what the WH says, and what email records say.  This guy has got to go.

He has the gall to tell us and congress to take less vacations, etc.

Obamys wife took their daughter and 40 of her daughters friends to Spain.  About $350,000!  Call the kettle black?

Mags

triffid

Mags theres about 7.5 trillion in cash sitting around the City of London Influence which includes the isle of man.They are the fifth largest tax haven in the world.The USA is number one in the world.There are 60 tax havens around the world.So there is a large amount of cash just sitting around the world in these tax havens.I have no idea how much.I did have a number for the British Isles.Since the USA can print all it wants.I think we have enough paper money.We don't have it circulating too well.The wealthy do not want to invest in America.
We 99% should create jobs that cannot be outsourced to other countries.The home grown version of making biodiesel is one of those.Wind power and solar power could be more.Making America energy independent and growing more food should be top priories.I liked the concept of vertical gardens in our major cities.triffid

triffid

The first thing one could do is to spend nearly two hours watching the movie "the fuel film" I provided a link to.
That would give anyone a lot of info.And maybe hope too.I saw biodiesel at the missouri renewable energy fair in Sept.So there is a lot of work to be done.Private citizens have to start it.We are not helpless.People still come to the USA to get rich.That has not changed.What has changed is that there have been no net new job creation since Dec,1999.All the job growth since then was in government which is like a parasite chewing on itself.triffid

triffid

You do not get rich by working at a JOB.You have to start your own company.You just survive at a JOB.
When there are less jobs then less people are surviving well. triffid

the_big_m_in_ok

Quote from: Arius3 on November 09, 2011, 08:16:30 PM
! ;D
Arius3,
http://beforeitsnews.com/story/1110/507/Two_Underground_Cities_Destroyed_On_8-23-2011.html

As I said, no where to hide.
"Wie ich sagte, nicht mich wo zu verbergen."   ;D

(I know Spanish better than German.   :D   I live in California, so I thought it was a good idea then to study it in high school.)

--Lee
"Truth comes from wisdom and wisdom comes from experience."
--Valdemar Valerian from the Matrix book series

I'm merely a theoretical electronics engineer/technician for now, since I have no extra money for experimentation, but I was a professional electronics/computer technician in the past.
As a result, I have a lot of ideas, but no hard test results to back them up---for now.  That could change if I get a job locally in the Bay Area of California.