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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 2 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: SeaMonkey on March 08, 2017, 07:05:33 PM
Aye, things are getting might weird.  Can't say that I blame China.
They are well aware of what is coming:
Should We Ourselves Brace for March 15?
Well!   I didn't actually know all those things occurred on the 15th of March.   Really.

But, you forgot one:
       The "Ides of March"
https://en.wikipedia.org/wiki/Ides_of_March

       Now, I really believe you.   My literary addition above was sparked and initiated by the mere remembrance of the date.   Add one more to the list.

--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.

the_big_m_in_ok

Everyone,
       There's something else I saw today...

http://money.cnn.com/2017/03/09/investing/retail-bubble-amazon-urban-outfitters-ceo/index.html?iid=hp-toplead-dom

       Now, I see this as true:  Stores are closing randomly and their empty venues sit empty for months and months.   I'm seeing this more and more often.   That's why this thread is here and it's one of the longer ones on the hosting site,  www.overunity.com .

--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.

the_big_m_in_ok

Quote from: the_big_m_in_ok on March 08, 2017, 07:30:51 PM
       Well!   I didn't actually know all those things occurred on the 15th of March.   Really.

But, you forgot one:
       The "Ides of March"
https://en.wikipedia.org/wiki/Ides_of_March

       Now, I really believe you.   My literary addition above was sparked and initiated by the mere remembrance of the date.   Add one more to the list.

--Lee
Maybe the Doomsayers were right...???  (this was actually 3 question marks---but the smiley is still okay)

http://www.zerohedge.com/news/2016-12-15/china-halts-trading-bond-futures-after-record-bond-market-crash

My question now is:  Does this or does it not continue?
       March 15 (today, as of this writing), is supposed to be some kind of day of reckoning, but obviously we'll see in the future.

More of the same news:

http://www.marketwatch.com/story/chinas-stock-market-crash-is-just-beginning-2015-07-08

--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.

the_big_m_in_ok

Hey Guys,
       Just to let you know (JTLYK),
Radio Shack in 'throwing in the towel', so to speak, and they're selling everything in their stores at 10-30+% on all items in stock.   Then they're quitting business and not coming back.

       Have any of you see their stores?   triffid lives/lived in the St. Louis area, and I know the city is big enough to have a Radio Shack store.
       And, JTLYK, a Radio Shack store manager told me once that buying the electronic components for an atom bomb would get you put on a Gov't list and they (MIB's?) would drop by your house, at the very least.   The manager didn't tell me what those components were.   I'm not interested in the subject, anyway.

       I can't think of anything like Radio Shack in the retail sector of the economy to replace radio Shack.   Grainger and Mouser are OEM suppliers, but it would help to buy in volume from them.
       Other than that, the economy is doing what it's doing.   I see business close about once a week.   It didn't used to be like that.

--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

Sorry,I haven't been here in a while.Radio Shack did go out of business here in the St.Louis area.At least the two stores I knew about did.But Harbor Freight still sells wires with both alligator clips on them.I have a Harbor Freight to go to.The last two months(feb and march) were bad months for retail.About thirty thousand jobs per month lost.I still see Gold going up to five thousand an ounce.About 1250 dollars/oz right now.Paper money vs gold has always lost value.
I did make out like a bandit on one radio shack sale .About 12 dollars on over a thousand dollars worth of parts.About two years ago.That was on leds,connectors,capacitors,and resistors.I was in the right place at the right time.10 dollars a big bag was the deal that day.triffid