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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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0 Members and 1 Guest 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

triffid

Buying a car, even a used one, is difficult for teens, who aren't financially independent. But getting a driver's license — that's different. That's kind of a sign of intent. Twenty years ago, two-thirds of kids had a license by age 18,according to AAA,only half of them have one today.

triffid

A post from a reader states that:Licensing requires a significant time investment, and if you can't afford a car then why bother? You can get a non-DL state ID much cheaper.




I have both types of ID.Just tell the DMV people you do not drive and you can get a state ID.
Good for cashing checks,etc.

the_big_m_in_ok

Look, everyone, if I 'Enter', the screen immediately goes to an off-the-wall representation of a YouTube page featuring overunity!!    This is CRAP!!!!     All I can do is the best I can with the only way I can enter data.       
Quote from: triffid on October 24, 2013, 03:58:01 PM
I have never worked in fast food but if I were a young person I would take the above post as a warning not to look at fast food as a good career.   
My first job was at a Jack-in-the-Box.      These multinational corp's are probably trying to take as much money as possible for themselves.   Typical for big business.             
QuoteManaging might be different?But I don't know.
My shop manager, Gus, in the late 60's, could make a good living if he worked the heavy hours.   Then the company got huge and things went to hell, he said.       
QuoteHere in st.louis,"White Castle" has a union and pays above min wage.triffid
I'm not surprised.   The inouns, however, can also be in the pockets of the upper management, as well.   Not to be completely trusted in their words or actions.            --Lee             BTW, This is the best I can do.   This borrowed computer acted up from the beginning.   I think someone's doing this randomly on purpose.   I do have more experience than this.   It came out looking okay, but what i had to do to get that way was some trial and arror on my part.
"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.

triffid

I found another dime on the ground this morning(3 in one month).Plus I got a silver quarter in change today(dated 1964).I also received a booklet on Gold from American Federal(they sell Gold).They say that in 1977 the presidential power to order the confiscation of GOLD was removed.That it takes an act of Congress to give it back to him.And that Congress cant get their act together nowadays anyway.That the best coins to buy are the modern bullion coins ,the Eagles and the Buffalos,both silver and gold.They say too to beware of most coin dealers nowadays.Most investors are now losing money in their portfolios of rare coins and bullion.triffid


They say too that less than 3% of all americans own any gold.And that most coin dealers are using lies and misinformation to panic coin investors into buying coins that benefit only the dealers.

lancaIV

                                        FUTUR I 8)
http://en.wikipedia.org/wiki/John_Kenneth_Galbraith
The New Industrial State[/size] (1967) german title: Die Industrie-Gesellschaft

http://www.manager-magazin.de/finanzen/artikel/a-398801-2.html   

                                         FUTUR I 8)

                                              03.02.2006
                                    Greenspans explosives Erbe

Die Preise für Häuser und Wohnungen haben mancherorts absurde Dimensionen erreicht. Die Mini-Zinsen machten die Kreditfinanzierung zum vermeintlichen Kinderspiel. Millionen Amerikaner schulden ihre bestehenden Darlehen mit immer neuen, immer günstigeren Krediten um - und pumpen das gesparte Geld in den Konsum
                                                (vulgo "hedging")

"Konsumausgaben und Wohnungsbau zusammen bestreiten seit Jahren rund 90 Prozent des amerikanischen Wirtschaftswachstums", hat das Magazin "Economist" errechnet. Kollabiert die Konsumnachfrage, reißt sie die gesamte US-Konjunktur in den Abgrund. Erste Anzeichen einer Abkühlung sind schon zu beobachten. Im vierten Quartal sank das US-Wachstum auf 1,1 Prozent - nachdem es zehn Quartale hintereinander zum Teil weit über 3 Prozent gelegen hatte.


Greenspans Nachfolger steht vor einer Gratwanderung. Stoppt er die Zinserhöhungen zu früh, wächst der Schuldenberg weiter. Stoppt er sie zu spät, riskiert er eine weltweite Finanzkrise. So oder so muss Bernanke ausbaden, was ihm sein gefeierter Vorgänger hinterlassen hat.

                                         Futur II :-X :P ;D
http://www.handelsblatt.com/politik/international/alan-greenspan-die-fehler-der-anderen/8985476.html
Niemand, also auch die Fed nicht, habe die Finanzkrise, die sich Ende 2008 zur größten Rezession seit den 30er Jahren auswuchs, irgendwie kommen sehen.

                                         Futur II :-X :P ;D
                       http://de.wikiquote.org/wiki/Walter_Ulbricht
                   Niemand hat die Absicht, eine Mauer zu errichten."


Is Mr. "Nobody(=Niemand)......!" building a wall to eventually hide this 
                                          9/11 -year event :

                                             Levite reading
                             http://de.wikipedia.org/wiki/Alan_Greenspan
     Deficit spending is simply a scheme for the confiscation of wealth.                                                                      credo 1966 
    = Meynard Keynes was simply for a scheme for the confiscation of wealth
( logical Fazit: 50% right,50% wrong : in-+de- =re-flation tendency dependance )

                        2001  Goldmarket-manipulation:

http://www.therichterreport.com/content.php?id=238&menu_id=15
Until the advent of "Helicopter Ben" Bernanke as Fed Chairman, perhaps the greatest fiat currency inflationist in world history was Alan Greenspan. His response to every financial crisis was to "print more money" by lowering interest rates and thus  expanding the money supply. He did it in response to the 1987 stock market crash. He did it and caused the dotcom bubble of the late 1990s, and he did it after 9/11, thus igniting the now-deflated real estate bubble of this decade. Therefore, it is supremely ironic that this same inflationist wrote the following words back in 1966, a time when he was considered to be in Ayn Rand's inner circle:
"In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. If there were, the government would have to make its holding illegal, as was done in the case of gold.....The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves.
This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard."
Alan Greenspan, "Gold and Economic Freedom" (1966).
                                                 2005
The privateGold Antitrust Action Committee GATA has uncovered evidence suggesting that the Federal Reserve and the Treasury department, operating through the Exchange-Stabilization fund and in cooperation with the International Monetary Fund, have been systematically working to deflate the price of gold. Because rising gold prices are seen by investors as a barometer of inflation, the Fed has purportedly suppressed prices to disguise the true nature of the financial bubble of the 1990s.
Congressman Ron Paul said in a Media Release in 2002 "The Fed wants all of us to think the stock market is not overvalued, and that credit and monetary expansion can create lasting prosperity" he went on to say "gold prices should always serve as an unbiased indicator of the true health of world markets.


                                     Wall Street                               
                                           
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