Is the U.S. economy about to collapse?

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  • gue_barium
    gue_barium Posts: 5,515
    mammasan wrote:
    You still wouldn't understand it if they did.

    You people really believe in this market, don't you?

    Wow.
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  • mammasan
    mammasan Posts: 5,656
    gue_barium wrote:
    Alright. So I guess the market is part of civilized society.

    I need more, though. I think I already knew this part.

    Go to barnes and Nobles and pick up any book that describes the principles of economics. We could sit here all day for the next year discussing economics and still not cover it all.
    "When one gets in bed with government, one must expect the diseases it spreads." - Ron Paul
  • blackredyellow
    blackredyellow Posts: 5,889
    gue_barium wrote:
    Well, if this is the best that you can come with I'll have to hope somebody with a little more education on the matter makes a post.

    Do you work?

    If you answered "yes", do you spend that money on food, shelter and luxury things like internet access?

    If you answered "no", then who pays for your food, shelter and luxury things like internet access?

    While the economy is incredibly complicated, at it's most basic level, if the economy goes in the tank, people loose jobs... when people loose jobs, they can't get shelter or food for themselves and their families...
    My whole life
    was like a picture
    of a sunny day
    “We can complain because rose bushes have thorns, or rejoice because thorn bushes have roses.”
    ― Abraham Lincoln
  • mammasan
    mammasan Posts: 5,656
    gue_barium wrote:
    You people really believe in this market, don't you?

    Wow.


    Why wouldn't we?

    So you could careless if you lost your job tomorrow or if thousands of people started loosing their jobs because we are in a recession.
    "When one gets in bed with government, one must expect the diseases it spreads." - Ron Paul
  • gue_barium
    gue_barium Posts: 5,515
    blackredyellow wrote:
    Do you work?

    If you answered "yes", do you spend that money on food, shelter and luxury things like internet access?

    If you answered "no", then who pays for your food, shelter and luxury things like internet access?

    While the economy is incredibly complicated, at it's most basic level, if the economy goes in the tank, people loose jobs... when people loose jobs, they can't get shelter or food for themselves and their families...

    So, by your definition, the market is money.
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  • jeffbr
    jeffbr Seattle Posts: 7,177
    gue_barium wrote:
    You people really believe in this market, don't you?

    Wow.

    This may be where the disconnect is occuring. You're looking for something to believe in. We're talking about reality.
    "I'll use the magic word - let's just shut the fuck up, please." EV, 04/13/08
  • gue_barium
    gue_barium Posts: 5,515
    mammasan wrote:
    Why wouldn't we?

    So you could careless if you lost your job tomorrow or if thousands of people started loosing their jobs because we are in a recession.

    I would think that's a reason not to believe in it, but that's just me.
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  • gue_barium
    gue_barium Posts: 5,515
    jeffbr wrote:
    This may be where the disconnect is occuring. You're looking for something to believe in. We're talking about reality.

    No, I believe in myself. Always have, always will. That's not the issue.

    I'm talking about reality, too.
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  • gue_barium
    gue_barium Posts: 5,515
    Kat wrote:
    I don't think so. This chart goes back to the depression. A few banks might go under though...not the big ones.

    http://finance.yahoo.com/q/bc?s=%5EDJI&t=my&l=on&z=m&q=l&c=

    Isn't it the big ones that should go under?
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  • mammasan
    mammasan Posts: 5,656
    gue_barium wrote:
    I would think that's a reason not to believe in it, but that's just me.

    Like jeff said it's not something you believe in like Santa Claus or the Yeti. It is reality. You need money to obtain the necessities, food, shelter, clothing. To legally obtain money you need to have a job. When the economy is good there are more jobs which equals less unemployed people. When the economy is bad you have less jobs which equals more unemployed people. The more unemployed people you have the more people there are who are struggling to provide the basic necessities for themselves and/or their families. Prolonged high levels of unemployment puts a huge strain on the government and may lead to an increase in taxes in order to provide for these people. That in turn puts more of a strain on the rest of society who is now forced to burden the bill. Just look at what happened during the Great Depression when the market completely bottomed out and our economy came to a skreeching halt. How many people went hungry and died? That is why the economy is important.
    "When one gets in bed with government, one must expect the diseases it spreads." - Ron Paul
  • fanch75
    fanch75 Posts: 3,734
    jeffbr wrote:
    Do you also raise your own livestock for your milk and butter, grow your own vegetables, spin your wool into yarn, weave your yarns into fabrics, create clothes from your fabrics, fell your trees to provide shelter and heat, generate your own electricity to power the computer that you build out of semiconductors of your own design and manufacture so you can post here?

    Somewhere along the line, even if you don't have a job, your'e probably relying on someone who is for some good or service.

    and bytchez STILL ain't shyt!
    Do you remember Rock & Roll Radio?
  • jlew24asu
    jlew24asu Posts: 10,118
    gue_barium wrote:
    Isn't it the big ones that should go under?

    the big ones can make up for heavy losses. the smaller ones cant
  • gue_barium
    gue_barium Posts: 5,515
    mammasan wrote:
    Like jeff said it's not something you believe in like Santa Claus or the Yeti. It is reality. You need money to obtain the necessities, food, shelter, clothing. To legally obtain money you need to have a job. When the economy is good there are more jobs which equals less unemployed people. When the economy is bad you have less jobs which equals more unemployed people. The more unemployed people you have the more people there are who are struggling to provide the basic necessities for themselves and/or their families. Prolonged high levels of unemployment puts a huge strain on the government and may lead to an increase in taxes in order to provide for these people. That in turn puts more of a strain on the rest of society who is now forced to burden the bill. Just look at what happened during the Great Depression when the market completely bottomed out and our economy came to a skreeching halt. How many people went hungry and died? That is why the economy is important.

    Whew.
    I appreciate the effort. Even if it seems like everyone is being condescending, I guess I asked for it. If you want to know something, find out on your own.


    I guess I don't really want to know, though. I mean, if it seemed like something I could get onboard with...then... I'm just not seeing any reason to be alarmed, and I don't see any reason to be afraid to live without any money. We're already slaves anyway. Maybe an economic collapse is the jolt we need for a proper revolt.
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  • RolandTD20Kdrummer
    RolandTD20Kdrummer Posts: 13,066
    Here's some links of information some may be interested in. It pays to know a bit about it, and think about it casually in advance just in case.

    http://www.lifeaftertheoilcrash.net/Prepare.html
    Progress is not made by everyone joining some new fad,
    and reveling in it's loyalty. It's made by forming coalitions
    over specific principles, goals, and policies.

    http://i36.tinypic.com/66j31x.jpg

    (\__/)
    ( o.O)
    (")_(")
  • jlew24asu
    jlew24asu Posts: 10,118
    RolandTD20Kdrummer wrote:
    Here's some links of information some may be interested in. It pays to know a bit about it, and think about it casually in advance just in case.

    http://www.lifeaftertheoilcrash.net/Prepare.html

    it really must suck to live in constant fear ?
  • gue_barium
    gue_barium Posts: 5,515
    jlew24asu wrote:
    it really must suck to live in constant fear ?

    jlew.

    think.
    all posts by ©gue_barium are protected under US copyright law and are not to be reproduced, exchanged or sold
    except by express written permission of ©gue_barium, the author.
  • RolandTD20Kdrummer
    RolandTD20Kdrummer Posts: 13,066
    jlew24asu wrote:
    it really must suck to live in constant fear ?

    If you consider knowledge fear...

    I don't live in fear. I'm 20-30 years ahead of the game whatever happens financially.

    I'll be just fine regardless.
    Progress is not made by everyone joining some new fad,
    and reveling in it's loyalty. It's made by forming coalitions
    over specific principles, goals, and policies.

    http://i36.tinypic.com/66j31x.jpg

    (\__/)
    ( o.O)
    (")_(")
  • mammasan
    mammasan Posts: 5,656
    gue_barium wrote:
    Whew.
    I appreciate the effort. Even if it seems like everyone is being condescending, I guess I asked for it. If you want to know something, find out on your own.


    I guess I don't really want to know, though. I mean, if it seemed like something I could get onboard with...then... I'm just not seeing any reason to be alarmed, and I don't see any reason to be afraid to live without any money. We're already slaves anyway. Maybe an economic collapse is the jolt we need for a proper revolt.


    You are already onboard. The minute you started working and/or purchasing goods/services you became part of the economy
    "When one gets in bed with government, one must expect the diseases it spreads." - Ron Paul
  • gue_barium
    gue_barium Posts: 5,515
    mammasan wrote:
    You are already onboard. The minute you started working and/or purchasing goods/services you became part of the economy

    Yeah. Understood. The SSN, too. That kind of sealed the deal.
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    except by express written permission of ©gue_barium, the author.
  • mammasan
    mammasan Posts: 5,656
    gue_barium wrote:
    Yeah. Understood. The SSN, too. That kind of sealed the deal.

    No not necessarily. You can have a SSN# and still not be a contributor to our economy. My children have SSN#s and they contribute nothing to the economy.
    "When one gets in bed with government, one must expect the diseases it spreads." - Ron Paul

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