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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 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

Azorus

Hope you like this one.
http://cohort11.americanobserver.net/latoyaegwuekwe/multimediafinal.html
Just wonder how the American economy can grow in the 4th quarter if 10% of people don't have a job.

the_big_m_in_ok

Quote from: Azorus said:
quote]
Just wonder how the American economy can grow in the 4th quarter if 10% of people don't have a job.
The other 90% are on their own?  >:(   ::)

A double dip recession, if not an outright collapse, is coming.  It's only, "When."

--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.

Azorus

I just wonder how it could really grow.  Jobless claims are still rising, although stabilizing.  Underemployment is a hugh unaddressed issue.  With those combined 4th quarter numbers can not be high, I don't see how they could even break even.

the_big_m_in_ok

Azorus said:
"Jobless claims are still rising, although stabilizing."

The rate per month is falling slowly.  The total is over 15 million. It's still too high and there's other things that can drive up the rate in the future, e.g., foreclosures and lack of consumer spending.





"I just wonder how it could really grow. ...  With those combined 4th quarter numbers can not be high, I don't see how they could even break even. ... "

I don't think the economy can grow in the long run.  I 'double dip' recession is the norm.  You're probably right about that.

--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.

Cap-Z-ro


From what I have been hearing 'big m', and its starting to make sense to me as it sinks in...the economy is really way in the black.

It seems they have been neglecting to report the tremendous amount earned from investments and government owned systems and structures...which apparently substantially dwarf the minute by comparison money collected in taxes.

In other words we are all needlessly paying taxes !!!

Obviously they did that to keep us "occupied", and oblivious to our plight, and from rising above it and really getting to truly enjoy fruitful lives in our intended pursuit of happiness.

Instead they have duped us into pursuit of a dollar.

Scammed again, it looks like...and when you stop to consider what I just said in light of what is going on in the world at large, it seems like an all too realistic possibility.

They are just squeezing us to weaken our resolve enough to make us prone accept our slow decent into a life of virtual slavery...with no freedom to move about the earth freely, and no refuge or sanctuary because they own all our real property though property tax.

Everything is fine we just need to pull the plug on this video game they have people playing like a gambling addict on a slot machine.

Regards...