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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 5 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

triffid

I saw the new jobs info today. USA unemployment is down to 6.3 percent so the government says.Last I heard it was 7.0 percent.Greece is 27.3 percent. Spain over 15 percent.I did hear that its lower because more people gave up looking for work.triffid

the_big_m_in_ok

Quote from: triffid on January 10, 2014, 09:06:27 PM
I saw the new jobs info today. USA unemployment is down to 6.3 percent so the government says.Last I heard it was 7.0 percent.Greece is 27.3 percent. Spain over 15 percent.I did hear that its lower because more people gave up looking for work.triffid
You're right.   The statistics apparently improve when the gov't bean counter quit counting those who deliberately stop looking for work.   The actual unemployment rate is probably 25% - 50% higher than they say.

ONLY for those who're interested, here's the 'Web address for most of my information concerning the economy:
http://www.elreporterosf.com/
       (A local S.F. newspaper in Spanish and English in which the editors are unafraid to print what they consider the truth, regardless of how politically incorrect it 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.

AJloff

I've always thought history repeats itself because one one wants to look at the past mistakes others have made and honestly realize the mistakes were indeed made.   Too many people want what they don't need or can't have, anyway.   Fear, greed and hate add to the misery.

triffid

I saw this on "Global 3000" on public tv.A plumber in Scotland has invented a water boiler for the third world.It just takes a cook fire to heat up water to hot enough to kill most things living in it.Its called a" JOMPY".http://solarcooking.wikia.com/wiki/Jompy_Water_Boiler


to me it looks like a huge leap forward.triffid




http://jompy.co.uk/