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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

the_big_m_in_ok

Quote from: the_big_m_in_ok on September 15, 2011, 02:30:14 PM
Wait until the games-playing stunts in Europe end.  Fresh riots in Greece will probably return bigger than before.
--Lee
There's also something else I've been meaning to say:
http://money.cnn.com/2009/07/17/news/economy/unemployment_benefits/index.htm

Just wanted to prove my possibly earlier assertion that real suffering is coming to this country if people stop spending when their unemployment benefits run out.  There must be 10,000,000 people out of work during the last 3 yrs.

--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.

triffid

Lee,I agree with you.70% of the us economy depends on the guy in the street spending.When state aid drys up too.I believe crime will go way up as police forces are trimmed back to fit leaner budgets.I do try to help someone if they ask me.I helped a woman today with 25 cents so she could buy her breaskfast at Mc Donalds.Usually I am asked for a lot more.I know when you die you don't take one red cent with you.So if I can I do try to help out.To help people here in this life.Usually I tell them to pass it on.Don't pay me back help someone else down the road.One guy seemed to be trying to get me alone with him.Most likely to rob me?I avoid him at all costs now.
Even hang up on him.triffid

triffid

I read in the paper today that a lot of young people are unable to find jobs.So they will not have working experiences in their youth to shape them in their later years.Some young man came by this house  last week trying to sell me on an alarm system made with GE parts.I told him I hated GE because they moved 80% of their american jobs overseas.He seemed unaware they had done that.Then I told him it still takes ten minutes for the cops to get here.The main reason I'm buying a gun soon.I need protection the first ten minutes of a home invasion.I see everyone needing a gun at home real soon.triffid

fritznien

in electronics it is nothing new triff. over 25 years ago i pulled am IC chip out of a parts bin where i worked,
it had "made in" and 6 differant countries listed. the silicon wafers are grown in one place, cut in another
and put into their packages in another then sent to have the leads connected to the guts of the chip and on it goes.
just where is anything made now.yes its a real pain competing with people who make a dollar a day. but in the long run
i think it might be a good thing, china and India are nearly first world countries, with any luck others will follow
and the world will have better living standards. time will tell.
globalization is not about banks or trade agreements as much as its about containers.
a truck picks up a container, a railroad moves it across country and a ship takes it around the world.
door to door almost anywhere for a lot less than in the past.
fritznien

Justsomeguy

When seconds count, the police are just minutes away.
It's a classic, but i had so say it.