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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

Cap-Z-ro


the_big_m_in_ok

Quote from: PaulLowrance on November 29, 2009, 12:25:10 AM
Is this a voting thread?
It is, indeed.  You need to be a Member, though.
Quote
Yes I believe the US economy will get better.
I'll list the reasons I think it won't:
1) 80%-90% of the households qualified to refinance their subprime mortgages, won't.  And, rates will reset higher again in a few months.
2) Dubai may default on their loans.  That would destabilize the Asian financial markets in particular.
3) Confidence could collapse in national efforts by the Obama administration to prop up the economy.  If people don't trust the Gov't with their money, is all over.  No amount would be enough when Obama's policies call for printing more---which is what is happening now, or will, happen when they need more.
4) Europe, especially England, is worse off than us in this recession.  They don't have our economic size to stand on their own.  Just as bad for Asia---Japan and South Korea notwithstanding their size.
5) North Korea is governed by a maniac who could start a regional---or wider--war with South Korea.
6) Most of Africa is a powder keg--especially the Muslim countries.
7) The war in Southwest cannot be won militarily.  It's a black hole for American money.  No end in sight.
If the Afghans decide to bring in a lot more volunteers, they can perform WWII "Banzai! charges" that no amount of American Firepower can stop.  It's crazy, and would cost the Muslims a lot of lives, but it would stop the Americans.  There are more than enough Muslims to do the job.
Quote
Wait a minute, that's not much of a prediction because todays news already said that. The past several days the news stations, especially the business channel said for 1st month the entire US unemployement took a turn toward the positive. And the results from yesterdays busiest shopping day of the year was up from last year and online sales were up 30%!
My reasons against this are above.
Quote
But ... the global earth changes will eventually destroy world economies.  :(
There probably won't be "economies" by then.  :-\   :o   

--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.

onthecuttingedge2005

Quote from: the_big_m_in_ok on November 29, 2009, 10:45:40 AM
It is, indeed.  You need to be a Member, though.I'll list the reasons I think it won't:
1) 80%-90% of the households qualified to refinance their subprime mortgages, won't.  And, rates will reset higher again in a few months.
2) Dubai may default on their loans.  That would destabilize the Asian financial markets in particular.
3) Confidence could collapse in national efforts by the Obama administration to prop up the economy.  If people don't trust the Gov't with their money, is all over.  No amount would be enough when Obama's policies call for printing more---which is what is happening now, or will, happen when they need more.
4) Europe, especially England, is worse off than us in this recession.  They don't have our economic size to stand on their own.  Just as bad for Asia---Japan and South Korea notwithstanding their size.
5) North Korea is governed by a maniac who could start a regional---or wider--war with South Korea.
6) Most of Africa is a powder keg--especially the Muslim countries.
7) The war in Southwest cannot be won militarily.  It's a black hole for American money.  No end in sight.
If the Afghans decide to bring in a lot more volunteers, they can perform WWII "Banzai! charges" that no amount of American Firepower can stop.  It's crazy, and would cost the Muslims a lot of lives, but it would stop the Americans.  There are more than enough Muslims to do the job.My reasons against this are above.There probably won't be "economies" by then.  :-\   :o   

--Lee

I think the U.S is at war with radical Taliban, not Muslims in general. many of the allies are Muslim fighting the Taliban radicals who want to over throw the government built on Muslim democracy.

define:democracy
a political system in which the supreme power lies in a body of citizens who can elect people to represent them.

radical Taliban don't want Muslims to have democracy.

in Iraq, we were at war with saddam's war regime not Sunnis or Shiite in general. now, Sunnis don't want Shiites to rule a democracy nation and Shiites don't want to give up their new found power which was Nil during saddams reign of Baath party power. U.S only remains in Iraq to prevent a major civil war outbreak, there is a civil war going on but not as severe as it would be if America just up and left. most of the civil war procrastinators are dead by Chopper and C-130 Spector fire. you really can't stop a suicide bomber unless you have x-ray vision at a distance. but the main front groups are getting slim this is why they are turning more to suicide bombing because they are short on men, it gives a shock and aww effect to make the situation seem alot more brutal to the entire world.

there must be a lot of people over there with bipolar disease! lol.

the radicals are converting to 'kamikaze Ninja' methods because it requires no rules of war and is effective against a war with rules.

Just my two pence.
Jerry

the_big_m_in_ok

Quote from: onthecuttingedge2005 on November 29, 2009, 02:51:29 PM
I think the U.S is at war with radical Taliban, not Muslims in general. ...
Right, I agree.  Moderate Muslims are help hostage by these sociopaths.
Quote
...many of the allies are Muslim fighting the Taliban radicals who want to over throw the government built on Muslim democracy.
define:democracy
a political system in which the supreme power lies in a body of citizens who can elect people to represent them.
radical Taliban don't want Muslims to have democracy. ...
Right again.  They can only change themselves, which they won't.
Quote
...the radicals are converting to 'kamikaze Ninja' methods because it requires no rules of war and is effective against a war with rules.
Just my two pence.
I agree.  They have all the patience they need.  They can win, too.  My careerbuilder resume' had a proposal to combat this development, and it's still there.

--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.

PaulLowrance