The economic problem is this: Updated last page 17

#9 When Barack Obama first took office, the number of "long-term unemployed workers" in the United States was approximately 2.6 million. Today, that number is sitting at 5.6 million.

This number is incorrect,last month on tv show 60 minutes it was almost 9 million they stated,so we can assume it's either inbetween or even higher bye now??
:ha5:

No, that is a good thing.



Last Edited by Scuba7 on 05/09/2012 08:27 AM

this could easily solve all the problems, as long as there are tacos for everyone.

Yes. The only thing of economic value is the productive capacity of human beings. That is "money", nothing else.

The credit bubble brought-foward a century of production and now that production has to be done to pay down the debt. Either that or detonate the debt.

So tired of the same old solutions that do not work?

The real cause of the problems lies in the nature of our money system in which interest on money is charged. Interest causes wealth to concentrate as the poor pay interest to the rich. Interest can therefore be seen as a tax on poverty to the benefit of the rich. The following example demonstrates this and also that interest on money is unsustainable and leads to crisis:

If someone brought a 1/10 oz gold coin to the bank in the year 1 AD, and the money remained there until the year 2000 AD, collecting a yearly interest of 4%, the amount of gold in the account would have been 3.6 * 10^31 kilogrammes of gold weighing 6,000,000 times the complete mass of the Earth.

If interest is charged on a limited scale or over a short timeframe then those problems do not surface. Interest is an insidious process. Over time it is unescapable that it reduces large numbers of people to a state of servitude to the money lenders. This is a long term development that transcends the life span of a human. Interest is the main reason why a number of civilisations have failed and why Western civilisation is about to fail. Therefore all interest is usury and the current financial system is a usury financial system.

[link to www.naturalmoney.org]

If you get this, you may want to know the solution too:

On July 5th 1932, in the middle of the Great Depression, the Austrian town of Wörgl introduced a complementary currency. Wörgl was in trouble and was prepared to try anything. Of its population of 4,500, a total of 1,500 people were without a job and 200 families were penniless. The mayor Michael Unterguggenberger had a long list of projects he wanted to accomplish, but there was hardly any money to carry them out. These projects included paving roads, streetlights, extending water distribution across the whole town, and planting trees along the streets.

More:

[link to www.naturalmoney.org] (right panel, The threat of a good example)

The world economic crisis has several layers.

The first and most important layer is structural unemployment. That basically means that software and robots are replacing jobs while at the same time the population of graduates is out pacing the population of retirees. There simply aren't enough jobs to go around. In addition, employers always want to increase efficiency, cut quality, and cut the number of employees by maximizing overtime.

The second problem is that executives can tank a company after selling off their stock in order to support their friends who run competing companies. They specifically aim to cheat employees out of their retirement, speculative stock holders out of their profits and it is all deregulated and legal.

The third problem is that banks can gamble your savings account money without your permission. Banks have gambled this money as people started losing their jobs, walking away from their homes and not buying. Then the bank gets the government to take your money yet again in taxes to cover their losses and pay themselves bonuses they don't deserve.

Nothing will change this. Nothing. The wealthy multinational elite refuse to make anything illegal because they make the rules by buying and putting our government leaders in office. Many of our leaders don't even pretend to do what the people ask them to do. We voted and told them not to bailout the banks and they went ahead and did it anyway.

We've got a fake Federal Reserve Bank where private bankers pocket all the interest of our taxes and don't pay down our debt with it.

It used to be that only conspiracy theorists used to point things like this out. But everybody now knows that we do not live in a Democracy but a world ruled by the wealthy.

Last Edited by ren1999 on 05/09/2012 08:47 AM

comments.....yeah....we're months away from a collapse

get out of the cites....

WAR is the the keynseian human capital bubble bursting. They're literally built into the system.
Militaries know this and plan for it. "war is a racket".

when does all the cycle bullshit say this will be over, as in back to growth and opportunity?

After the human capital bubble bursts I'm afraid. Got to blow off the access humans that aren't needed. The economy will go first. Once that happens WAR will follow, the "people bubble" will pop this resetting the system. Ww1, ww2, ww3.

Myanmar? Bhutan? Vanuatu?

There has to be a safe haven left somewhere

Hey OP, here is that link you tried earlier which failed.

[link to www.kondratyev.com]

The economic problem is that it is a man made system, fueled by greed and egoistic decisions, capable of degrading life itself.
God's system is perfect, it is fueled by love and freedom. For that system to be appreciated though, people need to be enlightened, advanced further in their spiritual path (not religious... spiritual). Everyone has got talents, and the cool thing about them is that they are fueled by passion and love for what you do, so that when someone requires your abilities, you'd do it for "free" (your pay is a full happy existence, peace of mind).

It's humanity's choice, the snake on the tree $ based on ego, a god-like point of view on God's creation. Or love, which is unconditional, understands better its sorroundings, is respectful, everyone is responsible for their own mistakes (for example, no one will have to clean everyone's toilet anymore, every being would clean their own), etc.


Any man made system is destined to fail, remember that, for it is dualistic in nature, not harmonic.
Forget about politics, economy, religion. ALL that is based on ego, assuming that you know all the answers to a certain problem without even thinking about it.

At heart the problem is a concentration of power into the hands of the few. Political or economic, doesn't really matter as for most of us the outcome is the same. Can't really separate the two anyway.

Most of the money funnels to the top of the pyramid right now - look at Starbucks for instance or other global brands.

Nothing against Starbucks, it's just to illustrate my point. Instead of each countries locals going to have their coffee at locally owned shops and the money going to local merchants where their money would circulate back in their community.
Instead, with global brands like Starbucks most of the money would leave the community and be funnelled back to the shareholders at Starbucks. That money would either be stashed in offshore accounts, be spent on antiques or high-priced art or real estate elsehwere, etc.

Can't just blame those at the top though - people love their name brands.

Last Edited by Silk Spectre on 05/09/2012 09:50 AM

The problem will be global because all countries base growth on debt.

OP is right.

Yes and that is why some local economies will do fine.

Mathematics is a bitch, ain't it? Exponential growth means every extra doubling represents more than all the previous doublings combined:
[link to www.youtube.com]

The energy futures contract is a huge market. What are you talking about?
[link to www.investopedia.com]

sychronized k-wave winter leg phase?


lol



more like divine plan:)


call it rising of consciousness...



YOU AND I KNOW THE MATERIAL WORLD IS A SCAM AND TURNS HUMANS INTO SLAVES FOR MONEY.


that ends this year:)


believe what you want:)







2012 was not written in stone for nothing:)

Thanks for the link.

[link to www.kondratyev.com]

The kitchin cycle of 40.5 months regarding inventories does surface in the K-waves. It is suspected that it is the main reason why high unemployment will linger for years.

what about a "base economic level"?

people gotta eat, need basics. Not everyone loses their job. That is the re-set.

[link to en.wikipedia.org]

thanks art

Sounds a lot like when a bunch of women live together, their periods synchronize.

good post, but you didn't give them the underlying concept here.

everybody, do a google search for "Kondriateff wave." thanks.

is there an explanation for this K-Wave? Or just a natural phenomenon that'll neutralise itself by an 'up' 50 years later?

So we're in this 'til 2058?

Is this the end of jewish economic control and jewish censorship!?!

Why does this forum censor the word J E W ???

Yep Kingman, that's about it, going to be very messy indeed. Like a house of cards, they will unfortunately all come tumbling down, rapidly. Have a good day. :)

Your link doesnt work