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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


triffid

Now Ron Paul is warning us about a currency crisis!  http://thecrux.com/dyncontent/ron-paul-one-step-to-prepare/?cid=MKT033949&eid=MKT040148&snaid=&step=start  triffid

He says America is on the verge of a real "currency crisis"—the likes of which we have not seen in more than 50 years.

triffid

http://www.huffingtonpost.com/2015/05/11/bill-nye-gmos-changed-mind_n_7245092.html?ncid=txtlnkusaolp00000592  Says that Bill Nye the science guy now supports GMOs(frankenfood to some people).triffid


"GMOs are not inherently bad," he told host Josh Zepps. "We are able to feed 7.2 billion people, which a century and a half ago you could barely feed 1 and a half billion people and [it's] largely because of the success of modern farming."
  But Nye urged caution, particularly because introducing new organisms into the ecosystem can have "unintended consequences."
  My take on it now is genetically modified food is actually, in general, -- genetically modified plants, in general, -- are not only not harmful, they're actually a great benefit. However, you can't just go planting enormous monocultures and killing everything and expect the ecosystems to take it," he said.

triffid

Think inflation is bad here in the USA.Check out whats happening in Venezuela in South America.
http://finance.yahoo.com/news/land-200-inflation-mastercards-business-230001261.html
Credit card companies doing ok however.
People are racing to spend their money as fast as they can, trying to keep ahead of consumer price increases that Bank of America Corp. estimates could almost reach 200 percent this year. Yet because that inflation surge has decimated the value of Venezuela's money, shopping with cash would require carrying around a brick-sized wad of 100-bolivar bills -- not a great idea in a country with the world's second-highest murder rate.