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Shhhh…It’s Even Worse Than The Great Depression

 
Anonymous Coward
User ID: 21374333
United States
08/21/2012 04:34 PM
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Re: Shhhh…It’s Even Worse Than The Great Depression
This is still very hard to understand.

Should I get a huge loan now and enjoy it while it lasts cause inflation will make my loan zero after a new economy rises or should I get debt free?
 Quoting: Anonymous Coward 20578758


Yup. Party like it's 1969
Anonymous Coward
User ID: 6199901
United Kingdom
08/21/2012 04:37 PM
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Re: Shhhh…It’s Even Worse Than The Great Depression
Obama mocked Bush as the worse president since the Great Depression?.

Yeah... right... not.
 Quoting: Anonymous Coward 6199901


When was that? Obama was always pretty decent. I have heard many times other people say that Obama is the worst, from all time.
But how should a president react to a 13 trillion dollar loss, or more. Since Bush and Obama both reposnded the same, with bailouts, like their advisers told them.
What do you suggest would not only punish those responsible, but would fix the loss without any stuff that could make people say that you are the worst?
 Quoting: Anonymous Coward 22142415


You gotta be shitting me?.

He said that on international TV exactly 4 years ago..

.. someone link youtube for our short term memories comrade please.
Anonymous Coward
User ID: 22321724
Mexico
08/21/2012 04:38 PM
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Re: Shhhh…It’s Even Worse Than The Great Depression
ohappy


BUSH'S FAULT !!
oO
User ID: 22349054
Aruba
08/21/2012 04:39 PM
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Re: Shhhh…It’s Even Worse Than The Great Depression
All that banter doesn't mean shit to me.
You care to explain in common terms? O better yet, don't.

People will still need shit, If one person has shit and another person needs shit they will have to work out an agreement. That is how the market works.

The dollar can collapse all it wants, if your poor already you won't miss it much.
 Quoting: Anonymous Coward 20239359


I agree, at worst the 1%ers will be taken down to the 99%ers level. At that point they will be vulnerable enough for us to kick their ass on the court house lawn and give them 10 seconds to draw a crowd. As my momma use to say.
 Quoting: Mr PINKi 1708446



God bless America..i really mean that


Peace
Anonymous Coward
User ID: 2926765
United States
08/21/2012 04:39 PM
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Re: Shhhh…It’s Even Worse Than The Great Depression
since they're going to arrest or shoot us we might as well max out the credit cards and party it up.
THE INQUISADOR

User ID: 1577310
United States
08/21/2012 04:39 PM

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Re: Shhhh…It’s Even Worse Than The Great Depression
All that banter doesn't mean shit to me.
You care to explain in common terms? O better yet, don't.

People will still need shit, If one person has shit and another person needs shit they will have to work out an agreement. That is how the market works.

The dollar can collapse all it wants, if your poor already you won't miss it much.
 Quoting: Anonymous Coward 20239359


I agree, at worst the 1%ers will be taken down to the 99%ers level. At that point they will be vulnerable enough for us to kick their ass on the court house lawn and give them 10 seconds to draw a crowd. As my momma use to say.
 Quoting: Mr PINKi 1708446



God bless America..i really mean that


Peace
 Quoting: oO 22349054


Someone better bless us because we are in a world of hurt.
THE INQUISIDOR
Anonymous Coward
User ID: 20578758
Sweden
08/21/2012 04:41 PM
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Re: Shhhh…It’s Even Worse Than The Great Depression
Render unto Ceaser what is Ceaser's and unto God what is his.
 Quoting: Anonymous Coward 21923005


Yes, maybe that is the true answer to all this mess.

Give up.

Just go with the flow and see what happens.
Anonymous Coward
User ID: 19316597
United States
08/21/2012 04:43 PM
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Re: Shhhh…It’s Even Worse Than The Great Depression
When was that? Obama was always pretty decent.
 Quoting: Anonymous Coward 22142415


BHO is as good as any other. Same same, as they say.
Most of the sheep here still think Federal Elections have something to do with them. They are so blinded by partizan mind games that they actually think BHO matters.
Hard to blame them for that misperception - thats what they are told by MSNBC and Rushtard.... and who could question Rushtard, after all he has lots of money and rich people know everything.
Anonymous Coward
User ID: 22281555
United States
08/21/2012 04:44 PM
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Re: Shhhh…It’s Even Worse Than The Great Depression
Herbert Hoover-Great Depression
George Bush-Lesser Depression

Republicans responsible for America's
two greatest economic downturns in
history.
 Quoting: Anonymous Coward 22333769


This website is full of stupid people............you're one of them
 Quoting: Anonymous Coward 6015287


Unfortunately... it's not just this website...
 Quoting: Anonymous Coward 22358109


I'm afraid you're right. Sad, isn't it?
Anonymous Coward
User ID: 1733274
Poland
08/21/2012 04:46 PM
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Re: Shhhh…It’s Even Worse Than The Great Depression
All that banter doesn't mean shit to me.
You care to explain in common terms? O better yet, don't.

People will still need shit, If one person has shit and another person needs shit they will have to work out an agreement. That is how the market works.

The dollar can collapse all it wants, if your poor already you won't miss it much.
 Quoting: Anonymous Coward 20239359


nice!
after working years in public services (severs) I 100% agree!
Anonymous Coward
User ID: 22142415
Netherlands
08/21/2012 04:47 PM
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Re: Shhhh…It’s Even Worse Than The Great Depression
So you all know who to blame, how to fix it and so really have some good overall vision of how everything works?
You all should be president. Why don't you run?
Northman

User ID: 1141977
United States
08/21/2012 04:48 PM

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Re: Shhhh…It’s Even Worse Than The Great Depression
It'll be much more than a depression and location will be everything once it kicks off. We are so close.....
 Quoting: Anonymous Coward 2926765


You can still buy land in desert or arid regions for 4 or 5 thousand an acre. I know an area where you can buy forested land for 2k an acre. The forests alone are worth the cost. Acres filled with maple trees that can be tapped for more maple syrup in one year than you pay for the land. Of course that requires some work and effort which most people aren't capable of.

Last Edited by Northman on 08/21/2012 04:51 PM
Anonymous Coward
User ID: 1733274
Poland
08/21/2012 04:49 PM
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Re: Shhhh…It’s Even Worse Than The Great Depression
we can start a nice rope manufactory - those will be needed in kilometers
Anonymous Coward
User ID: 1593445
United States
08/21/2012 04:50 PM
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Re: Shhhh…It’s Even Worse Than The Great Depression
All that banter doesn't mean shit to me.
You care to explain in common terms? O better yet, don't.

People will still need shit, If one person has shit and another person needs shit they will have to work out an agreement. That is how the market works.

The dollar can collapse all it wants, if your poor already you won't miss it much.
 Quoting: Anonymous Coward 20239359


Point is, in a depression there's not as many agreements worked out; trading slows.
Anonymous Coward
User ID: 10957384
United States
08/21/2012 04:53 PM
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Re: Shhhh…It’s Even Worse Than The Great Depression
All that banter doesn't mean shit to me.
You care to explain in common terms? O better yet, don't.

People will still need shit, If one person has shit and another person needs shit they will have to work out an agreement. That is how the market works.

The dollar can collapse all it wants, if your poor already you won't miss it much.
 Quoting: Anonymous Coward 20239359


The few that won't miss the dollar are those who live completely off the land...but even they still have to pay property taxes. shocked at your ignorance.
 Quoting: Anonymous Coward 9277476


Not all states have property taxes. You are the ignorant one.
 Quoting: Anonymous Coward 3987337


This is an incorrect statement. All states for the most part have property taxes. Name one state that is 100% free of property taxes.

There are only a few local municipalities throughout the US that do not have property taxes.

Dewey Beach DE and Safford TX are the only two cities I know that don't have property taxes. There are also places in Alaska that don't have property taxes.
Anonymous Coward
User ID: 6199901
United Kingdom
08/21/2012 04:55 PM
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Re: Shhhh…It’s Even Worse Than The Great Depression
"I'm too young to read this doom"

"Sorry about that, I understand"

"This doom is scaring the shit outta me"

"Because your too young to die, I understand"

"When is a good age to understand all this?"

"Depending on your soul experiences and how many times you had been on earth - Average is 40"

"25 too young?"

"Yes unless you are suicidal (relearn the lesson not to suicide again from last lifetime) or an old soul with any negative karmic burden upon this lifetime".

Fixed.
Canis Lupus

User ID: 1733274
Poland
08/21/2012 04:57 PM

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Re: Shhhh…It’s Even Worse Than The Great Depression
All that banter doesn't mean shit to me.
You care to explain in common terms? O better yet, don't.

People will still need shit, If one person has shit and another person needs shit they will have to work out an agreement. That is how the market works.

The dollar can collapse all it wants, if your poor already you won't miss it much.
 Quoting: Anonymous Coward 20239359


Point is, in a depression there's not as many agreements worked out; trading slows.
 Quoting: Little Bee

no
point is - how many ppl work in usefull parts of economy
not some stupid trading of traded of treded goods, promotion, advert, sales etc etc

real workers and their product are what counts not the middle class which will die

in this case you need workers, farmers and products - the rest is doomed (barter will rule at that point)

when money is gone the whole branch of economy dissapears

edit:
sure there will be speculations (and violence)
but with no money many ppl will find them selves useless
you need to work for your life and have some skills
thats what counts

Last Edited by Canis Lupus on 08/21/2012 05:00 PM
meaning of life? neverending search for it and progress
what would life be with all answers given? would there be any meaning left?
the question is the answer
Anonymous Coward
User ID: 19316597
United States
08/21/2012 04:59 PM
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Re: Shhhh…It’s Even Worse Than The Great Depression
All that banter doesn't mean shit to me.
You care to explain in common terms? O better yet, don't.

People will still need shit, If one person has shit and another person needs shit they will have to work out an agreement. That is how the market works.

The dollar can collapse all it wants, if your poor already you won't miss it much.
 Quoting: Anonymous Coward 20239359


Really!!!
 Quoting: Desert Fox


Yes, really. The dollar don't mean dick to the working man, unless you have a few Million in USD in a Swiss account, it means nothing.

When the Continential Dollar collapsed - it didn't mean shit. Nobody turned into a zombie and the slaves didn't riot.

When the Constitutional Dollar was abandoned - it didn't crash anything.

When the Greenback was boomed - nada.

All this hype over the dollar is about protecting the assets of billionaires estates.
Why are there no jobs? - because the billionaires are trying to protect against inflation.
Why the desire to cut programs designed to protect the middle class economy, same same.
Anonymous Coward
User ID: 22142415
Netherlands
08/21/2012 05:04 PM
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Re: Shhhh…It’s Even Worse Than The Great Depression

Why are there no jobs? - because the billionaires are trying to protect against inflation.

 Quoting: Anonymous Coward 19316597


Can you elaborate on that?
Canis Lupus

User ID: 1733274
Poland
08/21/2012 05:05 PM

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Re: Shhhh…It’s Even Worse Than The Great Depression
living in a country where at some point money was shit and there were empty shelves in stores - its doable
but we will have advantage - we are prepared
you had years of stability and will suffer much more
and we had police state, martial law etc
we know how it is and we will be ok and go through it as we did before
meaning of life? neverending search for it and progress
what would life be with all answers given? would there be any meaning left?
the question is the answer
Anonymous Coward
User ID: 17687147
United States
08/21/2012 05:05 PM
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Re: Shhhh…It’s Even Worse Than The Great Depression
It'll be much more than a depression and location will be everything once it kicks off. We are so close.....
 Quoting: Anonymous Coward 2926765


You can still buy land in desert or arid regions for 4 or 5 thousand an acre. I know an area where you can buy forested land for 2k an acre. The forests alone are worth the cost. Acres filled with maple trees that can be tapped for more maple syrup in one year than you pay for the land. Of course that requires some work and effort which most people aren't capable of.
 Quoting: Northman


are you going to build on your property or live in tent? what about water? will u dig your own well? how? and sanitation how have you figured that out? I get free heirloom seeds.
Anonymous Coward
User ID: 19316597
United States
08/21/2012 05:09 PM
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Re: Shhhh…It’s Even Worse Than The Great Depression

Why are there no jobs? - because the billionaires are trying to protect against inflation.

 Quoting: Anonymous Coward 19316597


Can you elaborate on that?
 Quoting: Anonymous Coward 22142415


Ok
[link to www.frbsf.org]

A more reasonable and practical interpretation is that maximum employment is the level that’s consistent with the other aspects of the mandate. To make this clear, I’ll need to delve into economic theory about the relationship between inflation and employment.
Anonymous Coward
User ID: 6678126
United States
08/21/2012 05:12 PM
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Re: Shhhh…It’s Even Worse Than The Great Depression
All that banter doesn't mean shit to me.
You care to explain in common terms? O better yet, don't.

People will still need shit, If one person has shit and another person needs shit they will have to work out an agreement. That is how the market works.

The dollar can collapse all it wants, if your poor already you won't miss it much.
 Quoting: Anonymous Coward 20239359


No matter your income level, if the dollar collapses, you WILL notice. I don't care if you're dirt poor and can't even afford to pay attention, you'll notice.
 Quoting: Anonymous Coward 1055574


It's clear AC 20239359 is a liberal.

Liberals do not have the common sense, reasoning, or math skills, needed to understand the argument presented.

You guys should have learned by now that when you annoy a liberal with actual facts - which they have a congenital inability to understand - they just get annoyed.
Anonymous Coward
User ID: 18612185
Hungary
08/21/2012 05:13 PM
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Re: Shhhh…It’s Even Worse Than The Great Depression
living in a country where at some point money was shit and there were empty shelves in stores - its doable
but we will have advantage - we are prepared
you had years of stability and will suffer much more
and we had police state, martial law etc
we know how it is and we will be ok and go through it as we did before
 Quoting: Canis Lupus


you got a point there. although, the young generations (here at least) are not ready for it at all... kids in their late teens can't even live without their smartphones. those who lived through the hard times - yea, they have good chances. hope they will help the younger, and that the younger won't take advantage of them.
International douchebag
User ID: 22301469
Japan
08/21/2012 05:15 PM
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Re: Shhhh…It’s Even Worse Than The Great Depression
All that banter doesn't mean shit to me.
You care to explain in common terms?
 Quoting: Anonymous Coward 20239359


Velocity of money is not that complex. It's what it sounds like: the speed at which money moves around the system. In good times, each dollar pings around the system like a pinball at high velocity. In bad times, there is low velocity: money just sits there.

Say I have $10 dollars. I spend it at the barbers on a haircut. He takes it next door to the deli and uses it to buy a sandwich. The deli guy goes to the bar and had a couple of drinks. The bar-tender goes and uses the money to buy a dime-bag. The dope dealer uses the same ten dollars at grocery store and buys some steaks. In this situation there is fairly high velocity. It's the same ten dollar bill but it's being used by lots of different people pretty quickly. Things are busy.

In a low velocity situation I'm nervous about where the next ten bucks is going to come from so I hold onto it. The barber, deli-guy, bartender, dope-dealer, and grocery store - none of then get that ten dollar bill. Business suffers for all of them.

In both cases there is only the same ten dollars but the second (low velocity ) case is clearly worse.
Anonymous Coward
User ID: 18768713
United States
08/21/2012 05:16 PM
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Re: Shhhh…It’s Even Worse Than The Great Depression
All that banter doesn't mean shit to me.
You care to explain in common terms? O better yet, don't.

People will still need shit, If one person has shit and another person needs shit they will have to work out an agreement. That is how the market works.

The dollar can collapse all it wants, if your poor already you won't miss it much.
 Quoting: Anonymous Coward 20239359


No matter your income level, if the dollar collapses, you WILL notice. I don't care if you're dirt poor and can't even afford to pay attention, you'll notice.
 Quoting: Anonymous Coward 1055574


AC has never seen his currency collapse. Ask the Russians how it felt in the late 1980's and early 1990's when the Ruble collapsed. Relying on imports and having stewed shoe for dinner isn't fun.

And if the market worked like it was supposed to, we wouldn't have speculators on Wall Street and corporate lobbyists in Washington squeezing out smaller competition and driving up consumer prices.
Anonymous Coward
User ID: 21201441
United States
08/21/2012 05:21 PM
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Re: Shhhh…It’s Even Worse Than The Great Depression
And what gives all of this its "grip" upon us, are the controls that are being put in place to keep us from climbing out of it using the good old American spirit and ingenuity. We are in this by design, and the outcome and our ability to respond in any manner will also be by design. It is a set-up for a huge clash between many forces in the midst of a desperate situation - I can see why all the preparations have been made that we hear about.

Just my personal observation, I'm no political science major or anything.
Anonymous Coward
User ID: 1517542
United States
08/21/2012 05:21 PM
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Re: Shhhh…It’s Even Worse Than The Great Depression
learn to grow and roast coffee
learn to grow and tap poppy
learn to grow and cure the mariju
Zen Mistress

User ID: 22370216
United Kingdom
08/21/2012 05:27 PM
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Re: Shhhh…It’s Even Worse Than The Great Depression
How about you get your Republican party to do its job and stop blocking every bit of legislation that would help. I gather they refuse to pass anything and are sitting on their backsides or going on junkets to the Sea of Galilee when they should be in the House of Representatives doing their bloody job. sheep
Never suffer fools, never be fooled
THE INQUISADOR

User ID: 1375283
United States
08/21/2012 05:28 PM

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Re: Shhhh…It’s Even Worse Than The Great Depression
How about you get your Republican party to do its job and stop blocking every bit of legislation that would help. I gather they refuse to pass anything and are sitting on their backsides or going on junkets to the Sea of Galilee when they should be in the House of Representatives doing their bloody job. sheep
 Quoting: Zen Mistress


clappa
THE INQUISIDOR

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