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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

PaulLowrance

Quote from: the_big_m_in_ok on December 04, 2009, 11:01:51 AM
Politicians can lie, so the numbers can lie.  "Appearances can be deceiving."  ;D   >:(   ::)People made a problem or made a natural process worse, but you're right.  It's bad.

The politicians do not produce the numbers. If you think the data is incorrect, then show your evidence. Personally I believe Target, Sears, Walmart, Amazon.com, etc. when they publish their sales. I believe the real estate agencies when they report home sales are up. Etc. The references to the news items are available.

My brothers tells the family how well his business is doing, and what he's saying matches the trend reported by the media. When the economy began to fall, his business sales went down. When it began to increase recently, his sales went up.

So yes, to be clear here, my brother said his sales have been up for several months now, and actually he said he's had the best month ever! What does he sell? POS (point of sell) software. Who uses POS? Retail stores!!

Poor rush limbaugh! Oh how he and his followers wants Obama to fail-- rush said it.  BTW, last night news said Obama has received more death threats than any president in history.

Paul

Azorus

The death threat thing is kinda disturbing.

the_big_m_in_ok

Quote from: Azorus on December 04, 2009, 11:49:42 AM
http://www.time.com/time/business/article/0,8599,1945176,00.html?xid=rss-topstories-cnnpartner
Yep all is well here...
Right, Azorus, a lot of people realize their home is so far underwater in price, they walk out and mail in the keys to the bank, anyway.  And, to top it off, loan derivatives that got this money snowball rolling in the first place, are being sold and traded as before.  It's another bubble.  It'll burst as well.  Worse than the last time.

--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


If the "News" can be relied upon...the people who alledgedly made the death threats are likely those who's mortgages were foreclosed on by the banksers Obomba bailed out.

Regards...