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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 3 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

the_big_m_in_ok

Quote from: triffid on November 09, 2010, 03:46:52 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.
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
"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.

the_big_m_in_ok

Quote from: triffid on November 09, 2010, 03:50:05 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
Right.  Collect tools, a gun & ammo, food, medicine etc.  Hide these if possible.

--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.

triffid

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

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

Quote from: triffid on November 15, 2010, 06:41:15 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
"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.