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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 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
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the_big_m_in_ok

#190
November 25, 2009, 06:17:49 PM
@Cap-Z-ro
With respect to your Reply #189, I agree in full.  However, many, (many!) people could suffer for the decisions made by a few men in power.

--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

#191
November 25, 2009, 11:03:00 PM

" However, many, (many!) people could suffer for the decisions made by a few men in power. "

Thats been the case throughout human history Lee...they just keep rotating the method and build up(always gradually), hoping nobody is noticing whats taking place.

Regards...

the_big_m_in_ok

#192
November 28, 2009, 10:29:41 AM
Dubai owes banks $60,000,000,000 and merely the thought that they might default on it is causing stock markets in Asia and Europe to get jittery.

One more indication of the looming crisis.

--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.

MasterPlaster

#193
November 28, 2009, 04:23:34 PM
Quote from: Cap-Z-ro on November 25, 2009, 11:03:00 PM
" However, many, (many!) people could suffer for the decisions made by a few men in power. "


Yes but a few will make huge bonuses even if the ordinary people are shafted.

the_big_m_in_ok

#194
November 28, 2009, 04:53:00 PM
Quote from: MasterPlaster on November 28, 2009, 04:23:34 PM
Yes but a few will make huge bonuses even if the ordinary people are shafted.
@MasterPlaster
Exactly.  That's business as usual.  There are, however, several hot problems getting worse as time elapses and any of these can bring down the system like a house of cards.  Dubai is one of them.  Lack of sufficient Chinese backing of our economy is another.  Future Inflation is one more.

It'll end when people wake up or a few hotheads make a fatal mistake with other physical people's lives or economically insecure money.

RE-EDIT
Abu Dabi is coming to Dubai's aid.  It may do no good if oil falls further in price.  It can, easily, from my personal experience.

--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.
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