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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

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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
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triffid

#4380
November 16, 2017, 09:32:58 AM
That's why making your own electricity is so important.At least enough for radio communications and some lights.Easier than you might imagine.Im on my way to being my own power station.triffid

therium

#4381
November 17, 2017, 08:22:20 AM
The economy has boom and bust cycles. What goes down must come back up. Charles Kindelberger calls them "Mania and recessions". A bubble creates a mania for a while, then investors learn they have borrowed too much and their assets will not go enough to make minimum payments on their loans, and they start a hot sale to take a small loss instead of a bigger loss.

Try to find one of his books, interesting reading.

the_big_m_in_ok

#4382
November 17, 2017, 05:39:40 PM
Quote from: triffid on November 16, 2017, 09:32:58 AM
That's why making your own electricity is so important.At least enough for radio communications and some lights.Easier than you might imagine.Im on my way to being my own power station.triffid
I absolutely agree.
       But, according to the following and related news articles, nuclear war with N. Korea could get really ugly---and our forces are WAY outnumbered on the ground.
       Take a look at this...
http://www.foxnews.com/opinion/2017/11/17/preventive-war-with-north-korea-would-be-total-hell-heres-why.html
       So.   We may or may not be running out of time before the "you-know-what" hits the "you-know where".

--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.

profitis

#4383
November 18, 2017, 02:19:44 AM
" But, according to the following and related news
articles, nuclear war with N. Korea could get really
ugly---and our forces are WAY outnumbered on the
ground"

To the contrary.he may just slip the nukes over to friends and then scatter.anybody think about this?

the_big_m_in_ok

#4384
December 29, 2017, 05:29:24 PM
Here's something that's been at the back of my mind for awhile:

https://www.express.co.uk/finance/city/897894/Chinese-shadow-debt-an-18-5-TRILLION-market-which-could-COLLAPSE-the-banking-system

Right, now.   I think that much money would possible cause market disruptions "down the road", so to speak.
       18 trillion surprised me to some extent.

--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.
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