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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 5 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

Today Japan is 70% forest. Some 300 years ago they were on the verge of losing their wooded areas.But they made changes to their lifestyles to replant their wooded areas.Not easy maybe but doable.Long Island State is 49% forest(I was there in the 1990s to see this).With NYC nearby they early on saw the need for wild places.We can change whats happening to places like New Orleans,La.It takes lots of money and a congress that's ready to lead in the areas of reconstruction of our coastal cities.Otherwise NYC and other coastal cities will suffer the same fate as new Orleans after katrina.Dead with millions of rusting cars littered everwhere.Hardly a happy event!triffid

triffid

Last night on public tv I heard that our congress is controlled by the top 0ne percent,corporations, and wall street.
Because of this the average mans concerns is pushed aside and ignored.Better chose wisely in the next election!
triffid

the_big_m_in_ok

Quote from: the_big_m_in_ok on February 16, 2016, 02:16:54 AM
http://www.theglobeandmail.com/globe-investor/inside-the-market/market-updates/european-asian-markets-jump-on-china-stimulus-hopes/article28759425/
       triffid and all others,
Allow me to be the first to say I might have to already said, stock crashes/recessions/depressions start out bad and then rebound to some extent before they REALLY fall badly.   The Asian stocks are doing this now.   Many are up to some extent.

Okay, I see this.   BUT the main elements of the Chinese economy are still weak.   They've been like that for a couple of months.   AND, the Iranians are pumping oil again after restrictions were lifted by Pres. Obama.   And also----American oil---especially from shale oil, is near or at maximum possible.   


       It's only a matter of time before the stock "rout" continues as it did.   The Chinese demand control and "control freaks" like them usually get stiff resistance from others whether they want it or not.

I'm quitting now.   This small text came on without my doing it.   Somebody is playing a stupid GAME and I'm tired of it.   I'm NOT wearing my reading glasses.   This is a lot harder to write.   I quit!   This sucks!

--Lee


p.s.
This isn't as bad as I thought.   The letters are regular sized, and the beginning and ending notification comes out in regular size.   It's fairly easy to read.
p.p.s.
I tried to get rid of the "size=78%" nonsense.   I guess it. worked.   Maybe.   For now.
"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.

the_big_m_in_ok

Quote from: the_big_m_in_ok on February 26, 2016, 05:36:31 PM
       It's only a matter of time before the stock "rout" continues as it did.   The Chinese demand control and "control freaks" like them usually get stiff resistance from others whether they want it or not.
.
.
(snip)
.
.
It's not just the stock markets in Asia...
Take a look at this:
       http://www.huffingtonpost.ca/2016/03/07/debt-crisis-bis_n_9399834.html
Right.   That should be plain enough to be evident to a lot of people.   Borrow beyond your financial means in income, and the 'bills will come due. eventually.   In the state of N. Carolina, by their state law, debts MUST be paid.   The rest of the world will be watching all this going on in Asia and America, and probably think the same thing.
       I don't see why not.   Especially countries like Iraq ad Iran.   They'll probably use our financial problems against us any way they can.


--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.

Nink

Quote from: the_big_m_in_ok on March 07, 2016, 10:11:37 PM
       It's not just the stock markets in Asia...
Take a look at this:
       http://www.huffingtonpost.ca/2016/03/07/debt-crisis-bis_n_9399834.html
Right.   That should be plain enough to be evident to a lot of people.   Borrow beyond your financial means in income, and the 'bills will come due. eventually.   In the state of N. Carolina, by their state law, debts MUST be paid.   The rest of the world will be watching all this going on in Asia and America, and probably think the same thing.
       I don't see why not.   Especially countries like Iraq ad Iran.   They'll probably use our financial problems against us any way they can.


--Lee

Everything is Awesome. After all Canada has 77 ounces of gold left.  My neighbor collects gold coins and he is now richer than the entire Government of Canada

http://www.cbc.ca/news/business/gold-canada-reserves-1.3475818