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Getting close to hitting the panic button?

 
BRIEF
Rebel with morals

User ID: 381742
United States
08/31/2011 01:37 PM

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Re: Getting close to hitting the panic button?
:COPAFEELPANICSEX:
 Quoting: BRIEF


Karma point coming your way for excellent execution of "hand on breast" move... very well done indeed.

Edit: Sorry Brief... "The Man" won't let me give you more than one karma point per week
 Quoting: Frankenstein


Thanks anyway!
With freedom comes responsibility.

Heterosexual pride!

Briefcut4892
Epic Beard Guy
Constitutional Crusader

User ID: 1079209
United States
08/31/2011 01:37 PM

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Re: Getting close to hitting the panic button?
I don't know when it is coming, but I am ready. I think everyone knows it is coming, but some people are in denial. Everyone has had plenty of warning, so if you are not ready, it is your own fault.
Hope for the best, but prepare for the worst.
"America is at that awkward stage. It's too late to work within the system, but too early to shoot the bastards." -- Claire Wolfe
irasciblerascal
User ID: 1529400
United States
08/31/2011 01:38 PM
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Re: Getting close to hitting the panic button?
The economic collapse will just be the beginning and YES, it's imminent and could happen at any time.
 Quoting: Anonymous Coward 1182390


you guyz all got it wrong, truly, the collapse has already taken place, in super slow mo. Have you not watchd the drop in buying power of the fiat currencies of the world, esp the U.S. so-called dollar particularly since 1971? (And the rise in PM, such as gold? and silver? I bought some silver in 2008; it was $9.60 an ounce. It's now $40 or so. Gold was $710; now it's way more than double - in less than thrree years.

Does that not spell 'mkt collapse' ?!?? Look at your buying power, which is inverse to inflation, ie. erosion of fiat power: When i was 8 years old (1963), there were five and dime stores. Heck, even dollar stores had ONLY dollar items. But, we used to get $.50 weekly allowance. My dad had six kids, made $150 per week as a type setter. My mom didn't have to work at all (No body's mom worked in that day!) So $150 a week, six kids, a nice brick home in silver Spring, Md, one car, mom didn't work. And our silver 50 cent piece could purchase 10 (count 'em) nice size, very tasty hershy bars; gasoline was $.29 a gallon.

Now adays, both parents can't make ends meet for two children, both working fulltime. So called increase in wages has kept up no where near of inflated prices.

Your collapse happened so long ago you've forgotten what is true economics. It's a total illusion that Americans have bought due to expert propaganda and slow depreciation of currency. It's classic frog in the water in the pot.
YaRight (OP)
Peace, Love and Chicken wings

User ID: 1219589
United States
08/31/2011 01:44 PM

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Re: Getting close to hitting the panic button?
The economic collapse will just be the beginning and YES, it's imminent and could happen at any time.
 Quoting: Anonymous Coward 1182390


you guyz all got it wrong, truly, the collapse has already taken place, in super slow mo. Have you not watchd the drop in buying power of the fiat currencies of the world, esp the U.S. so-called dollar particularly since 1971? (And the rise in PM, such as gold? and silver? I bought some silver in 2008; it was $9.60 an ounce. It's now $40 or so. Gold was $710; now it's way more than double - in less than thrree years.

Does that not spell 'mkt collapse' ?!?? Look at your buying power, which is inverse to inflation, ie. erosion of fiat power: When i was 8 years old (1963), there were five and dime stores. Heck, even dollar stores had ONLY dollar items. But, we used to get $.50 weekly allowance. My dad had six kids, made $150 per week as a type setter. My mom didn't have to work at all (No body's mom worked in that day!) So $150 a week, six kids, a nice brick home in silver Spring, Md, one car, mom didn't work. And our silver 50 cent piece could purchase 10 (count 'em) nice size, very tasty hershy bars; gasoline was $.29 a gallon.

Now adays, both parents can't make ends meet for two children, both working fulltime. So called increase in wages has kept up no where near of inflated prices.

Your collapse happened so long ago you've forgotten what is true economics. It's a total illusion that Americans have bought due to expert propaganda and slow depreciation of currency. It's classic frog in the water in the pot.
 Quoting: irasciblerascal 1529400



I agree the Standard of living has changed yes it take both parents to make a living now but you are missing the whole point. A major reset is due except for India and China Germany and a very few others ….. We have borrowed way more than can be paid back so this slow boil your talking about its about to be a roaring boil!

Last Edited by YaRight on 08/31/2011 01:44 PM
The most terrifying words in the English language are: I'm from the government and I'm here to help.
Anonymous Coward
User ID: 1529320
United States
08/31/2011 02:44 PM
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Re: Getting close to hitting the panic button?
Read the article before mouthing off…..do you anything about statistics? Do you understand the debt to GDP ratio?
 Quoting: YaRight


OP you need to look closer at how inflation is calculated and the real inflation rate

also check out how they changed the way unemployment is calculated

we have nominal growth but solidly negative after adjusted for real inflation

never left the recession, welcome to depression #2
Daniel of the Rose

User ID: 995731
United States
08/31/2011 03:14 PM

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Re: Getting close to hitting the panic button?
:COPAFEELPANICSEX:
 Quoting: BRIEF


Karma point coming your way for excellent execution of "hand on breast" move... very well done indeed.

Edit: Sorry Brief... "The Man" won't let me give you more than one karma point per week
 Quoting: Frankenstein


Reminds me of Rick Moranis...back in the Little Shop of Horror days
rainrose
UcDat

User ID: 1523583
Canada
08/31/2011 03:33 PM
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Re: Getting close to hitting the panic button?
Clear and simple it’s going down
 Quoting: YaRight


deadhorse
'Whence do you come, slayer of men, or where are you going, conqueror of space?' The soul answered and said, 'What binds me has been slain, and what surrounds me has been overcome, and my desire has been ended, and ignorance has died. In a [world] I was released from a world, [and] in a type from a heavenly type, and (from) the fetter of oblivion which is transient. From this time on will I attain to the rest of the time, of the season, of the aeon, in silence.'
Anonymous Coward
User ID: 1525045
United States
08/31/2011 05:09 PM
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Re: Getting close to hitting the panic button?
Read the article before mouthing off…..do you anything about statistics? Do you understand the debt to GDP ratio?
 Quoting: YaRight


This is why No Bama is so desperate to pass soem sort of (jobs bill)--- extend unemployment- create more gov jobs-- because that will hit the GDP and he deos not want 2 consecutive quarters of down numbers.... What a joke
Anonymous Coward
User ID: 1501134
United Kingdom
08/31/2011 05:30 PM
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Re: Getting close to hitting the panic button?
PREDICTIONS SHOULD BE BANNED FROM LIFE, they arent useful

do not throw your prediction crap around just so you can project your feelings of need

show me some science
show me some factspeople have been yelling collapse since money was first contemplated.....yet we have always survived and evolved
 Quoting: Anonymous Coward 1390188


There were a hell of a lot more facts in the list that the O/P linked to than you dared to contemplate, more's the pity.
DjInstincT

User ID: 1529790
United Kingdom
08/31/2011 06:06 PM
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Re: Getting close to hitting the panic button?
The economic collapse will just be the beginning and YES, it's imminent and could happen at any time.
 Quoting: Anonymous Coward 1182390

Now adays, both parents can't make ends meet for two children, both working fulltime. So called increase in wages has kept up no where near of inflated prices.

Your collapse happened so long ago you've forgotten what is true economics. It's a total illusion that Americans have bought due to expert propaganda and slow depreciation of currency. It's classic frog in the water in the pot.
 Quoting: irasciblerascal 1529400


clappa

When you manufacture nothing and export nothing - wtf is left....?

In the UK we at least extort *some* control other than the 'services' market and Military force....... ;)
DjInstincT

User ID: 1529790
United Kingdom
08/31/2011 06:07 PM
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Re: Getting close to hitting the panic button?
In the UK we at least extort *some* control other than the 'services' market and Military force....... ;)
 Quoting: DjInstincT


Which is fucked up...
DjInstincT

User ID: 1529801
United Kingdom
08/31/2011 06:13 PM
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Re: Getting close to hitting the panic button?
never left the recession, welcome to depression #2
 Quoting: Anonymous Coward


'Double' dip eh?
~reaper~

User ID: 1514340
United States
08/31/2011 07:18 PM

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Re: Getting close to hitting the panic button?
I foresee israel/palestine issue coming late september a trigger of this collapse.

I feel this could seriously be the big one..
Anonymous Coward
User ID: 1320527
United States
08/31/2011 07:26 PM
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Re: Getting close to hitting the panic button?
At low tide you get the... Whatever it's going right back to where it was as long as they can keep the curtain closed.

Not saying you're wrong, just thar they have a new zipper.
flair25y

User ID: 1529896
United States
08/31/2011 07:33 PM
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Re: Getting close to hitting the panic button?
Source [link to theeconomiccollapseblog.com]





Dont let the markets or MSM tell you anything different....we are close to a collapse
 Quoting: YaRight


That link comes from a site that makes money by selling food storage/gold/silver adds, of coarse its going to scare people with fear and unreliable news..


bsflag
Anonymous Coward
User ID: 961432
United States
08/31/2011 08:36 PM
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Re: Getting close to hitting the panic button?
Obviously none of the problems leading into '08 were fixed, they were just swept under the carpet with a ton of more debt, and monetization of future debt, that is monetizing the future value of the debt since it was apparent if left by itself it could never yield it's future value by production from the real economy.

Most debt now is of this type, nearly all of it will need to be monetized, that is the euphemism for liquidation so no one is allowed to fail.

lmao

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