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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 4 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

If this gets accepted, and you can do this in an efficient and animal-friendly and environmentally friendly way, it has to at some point take over the market," he says, "or at least create a new market for itself. We are not targeting vegetarians; we are targeting all the meat eaters."

triffid

The future beef industry might look a lot like the beer industry today

the_big_m_in_ok

Quote from: joel321 on August 11, 2015, 12:14:17 AM
Hey the_big_m_in_ok, china is manipulating something in the economy to grow. I just watched this video the other day. That just seems a little off and manipulating something. Here's the video:

http://www.wimp.com/ghostcities/

I wonder what is happening there, some kind of new world order of somehow, lol?
No, joel321, it's another stupid attempt to prop up their failing economy.   The newest thing being...
       Several stock exchanges around the world are being 'spooked' by what's happening in China.   The American Dow-Jones exchange and the German DAX exchange are immediate examples.   And think of these:
http://www.mirror.co.uk/news/world-news/stock-market-crisis-recap-chinese-6314181

http://www.independent.co.uk/news/uk/politics/stock-up-on-canned-food-for-stock-market-crash-warns-former-gordon-brown-advisor-10469509.html

http://qz.com/485912/charts-this-may-be-the-start-of-the-worlds-next-financial-crisis/

I'm sure there are others like these, but I think the reader 'gets the message', as it were.   The worldwide economy was overinflated by speculation---IMHO---and now it's correcting itself collectively to the disaster of the 'Mom and Pop' trader---especially in China.
       "Look out."   That was something I said on this thread, earlier, but at that time the whole world wasn't financially on a cliff's edge, either.   Now, my quote to the immediate left is much more appropriate.   This scenario might get "ugly", as others have said in the past.

--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.

MarkE

Quote from: the_big_m_in_ok on August 25, 2015, 02:31:28 PM
       No, joel321, it's another stupid attempt to prop up their failing economy.   The newest thing being...
       Several stock exchanges around the world are being 'spooked' by what's happening in China.   The American Dow-Jones exchange and the German DAX exchange are immediate examples.   And think of these:
http://www.mirror.co.uk/news/world-news/stock-market-crisis-recap-chinese-6314181

http://www.independent.co.uk/news/uk/politics/stock-up-on-canned-food-for-stock-market-crash-warns-former-gordon-brown-advisor-10469509.html

http://qz.com/485912/charts-this-may-be-the-start-of-the-worlds-next-financial-crisis/

I'm sure there are others like these, but I think the reader 'gets the message', as it were.   The worldwide economy was overinflated by speculation---IMHO---and now it's correcting itself collectively to the disaster of the 'Mom and Pop' trader---especially in China.
       "Look out."   That was something I said on this thread, earlier, but at that time the whole world wasn't financially on a cliff's edge, either.   Now, my quote to the immediate left is much more appropriate.   This scenario might get "ugly", as others have said in the past.

--Lee
As the Saudis spend down reserves instead of pumping fresh cash into investment vehicles, inflated vehicles are going to fall.  This is made worse by the Chinese devaluating in order to retain market share.  The thing to be concerned about is what the big banks have done in terms of derivative investments.  If a series of derivatives go bad then the too big to fail banks will screw everyone over again.

the_big_m_in_ok

Quote from: MarkE on August 25, 2015, 02:42:33 PM
As the Saudis spend down reserves instead of pumping fresh cash into investment vehicles, inflated vehicles are going to fall.  This is made worse by the Chinese devaluating in order to retain market share.  The thing to be concerned about is what the big banks have done in terms of derivative investments.  If a series of derivatives go bad then the too big to fail banks will screw everyone over again.
This just in, MarkE...
http://www.theguardian.com/business/live/2015/aug/25/asian-stock-markets-braced-for-steep-falls-after-wall-street-slump-live
       Will be back shortly...
Right.   Back again, so I'll try and give my opinion clearly:
       The American and British markets are rebounding adequately, as of now.   The Chinese and other Asian markets are generally weaker as to individual national economies compared to the West---with Japan being a notable exception.
      The future of the Asians in general is noticeably less favorable than ours, for example.   Now, the thing I think to be aware of is:  Our economy is still tied to the Asian economies to some extent.   If they land hard at the bottom of a very high cliff, that eventuality alone can cause some harm to the American economy, beginning with the Western States first---especially in Calif.   I live in San Francisco, so this concerns me more that it might others.
       I read the rest of the article and will stand by what the rest of this post says:  the American and European markets look OK as of the present.   The Chinese and Asian markets look much weaker---in the farther future---for certain.   China is holding useless properties, for instance.

       As to the derivatives, you're correct as to the nature of your observation.   They were largely non-regulated as to anything that's salable to the average person.   Student loans, mortgage payments and something like penny stocks can be made into a derivative.   By themselves they're not worth hardly anything.   If they start failing, they would cause some investor to lose his portfolio in a hurry.   As you may have implied, they're something to seriously watch.   I read awhile ago, derivatives were worth a quadrillion $, at that time.
       Whoa.
See what I mean?   Their failure in terms of worth are exceeding serious to the American Stock Exchange and foreign markets that trade in them.

This just seen by me:
http://www.marketwatch.com/story/wall-street-set-to-rebound-after-massive-selloff-futures-rally-3-2015-08-25
       Market traders and the like are unconvinced that the rally will continue, since they appear to be implying that the underlying, basic American economy isn't as strong as they would like to see.

Latest:
http://money.cnn.com/2015/08/25/investing/bear-markets/index.html?section=money_topstories

http://money.cnn.com/2015/08/14/investing/china-fears-stock-market/index.html?iid=EL

       I'll see what's happening tomorrow after the Chinese stock market(s) close and the sun rises in Calif.

--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.