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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

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Do you think the American economy will ever improve?

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

#2691
May 25, 2012, 12:42:11 AM
The whole financial system is a house of cards. [/size]Probably during that last example you were thinking, jeez, what if Uncle Cecil drew out his $100, as he was legally entitled to do? It wouldn't be there!  Righto. If everybody decided to take what they had coming out of their accounts and bury it in the garden, the financial system would collapse, civilization would end, and we'd all go back to being hunter-gatherers.   The modern world is made possible by the trust and sheeplike predictability of millions of depositors. (Deposit insurance makes it less of a crapshoot than it once was.)[/size]

triffid

#2692
May 25, 2012, 12:48:22 AM
Ok the answer I was looking for to begin with  http://www.straightdope.com/columns/read/2988/is-nuclear-power-safe
How many in japan will die?Not many.triffid

triffid

#2694
May 25, 2012, 06:25:34 PM
Some enduring comments were made about the fed,Like it often doesnt lead the country over a cliff.
http://www.straightdope.com/columns/read/1214/who-owns-the-federal-reserve
triffid
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