So markets worldwide are free-falling as many a business and bank start to collapse. A full 21% drop through the past week! Full 5% to 9% drops from Brazil to China daily! The $700 billion solution isn't working fast enough to instill the confidence needed, neither did the interest rate cut, and the nationalization of banks and market infusions have not yet appeared to affect the downturn.How do you think this will affect you? How do you think this will turn out?How can this be stopped?
Claws said, October 10, 2008, 02:16:01 amSo markets worldwide are free-falling as many a business and bank start to collapse. A full 21% drop through the past week! Full 5% to 9% drops from Brazil to China daily! The $700 billion solution isn't working fast enough to instill the confidence needed, neither did the interest rate cut, and the nationalization of banks and market infusions have not yet appeared to affect the downturn.How do you think this will affect you? How do you think this will turn out?How can this be stopped?Well you see this all planned. The scarcity of currency is what gives it its value. If you inject an insane ammount money into an economy the money basically becomes nothing. Now that being said Bush signed an agreement in 2005 with Canada and Mexico to virtually eliminate all border between the countries. The goal being to have one currency called the Amero. This economic crash will render the dollar powerless thus enters the Amero.
Say What Again! said, October 10, 2008, 03:54:28 amClaws said, October 10, 2008, 02:16:01 amSo markets worldwide are free-falling as many a business and bank start to collapse. A full 21% drop through the past week! Full 5% to 9% drops from Brazil to China daily! The $700 billion solution isn't working fast enough to instill the confidence needed, neither did the interest rate cut, and the nationalization of banks and market infusions have not yet appeared to affect the downturn.How do you think this will affect you? How do you think this will turn out?How can this be stopped?Well you see this all planned. The scarcity of currency is what gives it its value. If you inject an insane ammount money into an economy the money basically becomes nothing. Now that being said Bush signed an agreement in 2005 with Canada and Mexico to virtually eliminate all border between the countries. The goal being to have one currency called the Amero. This economic crash will render the dollar powerless thus enters the Amero.Yeah, you're full of bullshit. Next.
Dunno if all 3 economies will crash because of this BUT Peso/USD went from 10.80 to 14.00Haha no more chrismas shopping in Laredo Tx, Dollars are too expensive. FUCK THAT I got my PS3 and MGS4 right on time HAHAHAHA. Now onto more serious matters, my GF works on the Motorcycle business, due to this whole thing the past 2 weeks today they decided to raise prices 5%.Hey, at least the Oil prices are going down ... but pretty much prices of EVERYTHING else are going up ;(
It's very simple. It's the ball in the glass theory example of economics. The idea that Equilibrium = Death. See the economy is like a ball dropped in a glass jar, the ball moves up and down until it reaches a stopping point also call equilibrium because the ball as reached a motionless state. When this happens something new (Technology wise) has to enter so that the glass gets smacked causing the ball to become mobile again. Right now there are no major technological advances to hit the jar and new theories claim that anything that stays at equilibrium dies.The question is are we just on a ball that is going down and will it the bottom and roll back up or if we have reached equilibrium and are now dieing.I'm scared that we maybe dieing. Our next advancement was going to be stem cells but that was halted by religious believes. Much the same as the dark ages stopped growth.Hopefully we are only on a downward ball and not a stagnant one. The knew use of smart phones and hd TV says that I maybe jumping the gun claiming that we are equilibrium. Some people will argue that the Rich to poor Ratio is severely out of wack and this is even more scary than equilibrium because it goes hand in hand with it and this is only solved by sever changes in distribution of wealth and the only this every really happens is through wars and other negative actions.This could effect us from everything from starving to death to having to fight in wars.Us here in America have a buffer of oceans and only two border counties we also have plenty of food. So in our case as long as we can find a way not to get in others way we could ride a lot of the possible horror out where as if you live in a country with a small amount resources or on the other hand needed resources by a larger power than you may need to worry a lot about wars and famine. With out a good economy over in Europe it wouldn't take very long to have the circumstances that lead to World War II or even World War I.It's scary but we can only wait and see. Like I said may just be a normal cycle.I wouldn't buy any duct tape just yet.Very simple LOL.
kingofM.U.G.E.N. said, October 10, 2008, 04:01:23 amSay What Again! said, October 10, 2008, 03:54:28 amClaws said, October 10, 2008, 02:16:01 amSo markets worldwide are free-falling as many a business and bank start to collapse. A full 21% drop through the past week! Full 5% to 9% drops from Brazil to China daily! The $700 billion solution isn't working fast enough to instill the confidence needed, neither did the interest rate cut, and the nationalization of banks and market infusions have not yet appeared to affect the downturn.How do you think this will affect you? How do you think this will turn out?How can this be stopped?Well you see this all planned. The scarcity of currency is what gives it its value. If you inject an insane ammount money into an economy the money basically becomes nothing. Now that being said Bush signed an agreement in 2005 with Canada and Mexico to virtually eliminate all border between the countries. The goal being to have one currency called the Amero. This economic crash will render the dollar powerless thus enters the Amero.Yeah, you're full of bullshit. Next.he is not, because he is right and you wrong.
THis Economy Issue makes me mad. Now the value of our currency (peso) goes down. But still few benefit from it, like my mom who receives money from my dad back in the US
LOL I heard from a reliable source the border patrol and immigration are getting more active now to deport Mexicans back here... because the economic consequences of this crisis will be such that even Americans wish to have their SHITJOBS back.
walt said, October 10, 2008, 06:35:52 amLOL I heard from a reliable source the border patrol and immigration are getting more active now to deport Mexicans back here... because the economic consequences of this crisis will be such that even Americans wish to have their SHITJOBS back.At least US is getting what they deserve for being so arrogant.
Hey we wanted our shit jobs we just wouldn't do them for shit pay. Now those jobs have dried up we didn't start doing them. Those of us that work in manual labor have always been there our competition was illegal help. Now all the quick buck assholes that were exploiting illegals have lost there money in many different fashions and the few Americans who paid people right are still around. So the idea that Americans wouldn't do a job or is now doing them is bullshit and the only person in this country who ever said anything so stupid was Bush. For Bush the problem wasn't the pay but it was we wouldn't do the jobs.QuoteFor Bush the problem wasn't the pay but it was we wouldn't do the jobs.Fixed: For Bush problem was that Americans wouldn't work as slaves. I've got no problem with Illegals if they want to work let them but if they want to work for shit wages and bring down everyone else's then send them back. There is enough work to go around don't hurt the rest of us and you can have any job that you are qualified for. aLuCaRd_X said, October 10, 2008, 06:38:08 amwalt said, October 10, 2008, 06:35:52 amLOL I heard from a reliable source the border patrol and immigration are getting more active now to deport Mexicans back here... because the economic consequences of this crisis will be such that even Americans wish to have their SHITJOBS back.At least US is getting what they deserve for being so arrogant. Oh yeah we are getting what we deserve because we are so arrogant. Last time I check this was a thread about how the worlds economy is going to shit. So how are we getting what we deserve when we still have everything we need but now other counties are getting close to not being able to eat.If your countries economy sucks then go talk to your leaders and stop saying shit like we deserve something awful to happen to us. The WORLD is having a problem and it's our fault. If the world was doing good would we get the credit? Quit using us as a scapegoat you have leaders and will power and a voice. Easy to point a finger instead of doing something constructive.
Claws said, October 10, 2008, 02:16:01 amHow do you think this will affect you?Right now, there's this account at that bank from Iceland I can no longer access.
