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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

@all
Even if this site below is religiously oriented, they actually do have a point:

http://www.thetrumpet.com/index.php?q=6392.4873.0.0

Also:

http://dailyreckoning.com/yet-another-jobs-dilemma/
http://www.thetrumpet.com/index.php?q=6097.4500.0.0

I tend to ignore the religious aspect because I don't believe in their religion and I didn't cause the economic mess this country is in.  I'm not taking personal responsibility for it.  I've never had the money for even one credit card.

But, since I'm here on this planet, I have to put up with the effects of someone else's decision---as bad as the looks to me.

What to do about it?  I'm just waiting.  I was living on the streets for almost 1 1/2 yrs, and I got by on luck alone.  If I deserve to live, I will.  If I don't, I won't.

The die is cast.  Millions will go the relatives(who are as bad off), go to social services(overwhelmed) or starve(probable).  I'm already in a homeless shelter until it closes from lack of money(likely).  Then I'll take my place with everyone else.

Whatever ever I do, it's my decision, but I'm not afraid.  I got over that on the streets.

Good luck to me and you.  We'll all probably need it.

--Lee

Re-edit:
I'm open to discussion, but the Internet has other references to this problem besides the one above.  Diligent research should uncover them.  Think I'm wrong in this prediction?  "Wait and see", as the saying goes.
"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.

christo4_99

In the U.S. we have had since the Great Depression to learn from our mistakes.Pity we didn't though.Instead we convinced the whole world to become tied into the mess.Now the whole world will have the opportunity to learn this lesson with us.So what's the lesson we should have learned by now?"Money is the mechanism by which resources are squandered from the earth,man is robbed of his lifetime pursuant to.The phrase "let them eat cake" comes to mind in that the wealthy are saying "let them have paper".This is the real lesson.But if you want to know what you will end up thinking i think it will go something like ..."oh wise and great wizards of oz,thank you for solving our problems for us,now since you are so great and all knowing,let me grant my trust to you for other aspects and a more thorough control of my life...etc,etc...".

the_big_m_in_ok

@christo4_99
You're right.  I'd say we've got a few week left until the American public realizes this scenario can't go on.  Then the "defecation will hit the airscoop".

--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

the_big_m_in_ok said:
Quote
@all
Even if this site below is religiously oriented, they actually do have a point:
The site I gave in the initial post was religious in viewpoint.  Here's another slant without the religion and with economics factored in instead:

http://globaleconomicanalysis.blogspot.com/2009/08/dismal-unemployment-situation-in-chart.html

http://www.huffingtonpost.com/2009/07/17/15-million-to-exhaust-une_n_238281.html


and, this is just for California:

http://www.calculatedriskblog.com/2009/08/weekly-unemployment-claims-increase_20.html

When the daily Good Morning America news show makes a feature presentation on this subject, it'll be right there in front of everyone.  The dam will break.

If they don't, people will begin talking to friends, neighbors and relatives until it becomes clear to all what's going on.  The dam will still break eventually.

Sooner or later, the effect is the same.

--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.

onthecuttingedge2005

this is the current trend on a national rate and not by state.

Unemployment rate percentages over the years.

it is going back down as of now.

It may be better to go back to our primitive migratory responses and move to states that have more work available. a lot of people tend to stick with one area now a days and lose out on the benefits of migration.

Jerry ;)