Termyn8or
Posts: 18681
Joined: 11/12/2005
Status: offline
|
"OK. What cost $300 in 1978 would cost $975.71 in 2009."
OK, now I see why you interact with Hunky the way you do. You seem to be very much into the economic side of things. Now you are sucking me into it. Actually I admire your optimism, in fact covet it, but it's not something that can be taken. It's not tangible and I hope that is not beyond the scope of your reasoning.
You make a good case, but the fact is we are living on borrowed time. Sooner or later the other shoe drops and we will really know what a depression is. Some of the things you pointed out are good, multiple income sources. Being export proof. These are good things and as such should be persued by all. But it might not be enough.
I had no intention of focussing on economic issues, but you have sucked me in. I agree that it is a factor, but that wasn't the point.
Now you can bring in all the numbers you want, whether they are slewed or spun matters not. The one basic fact remains. I was taught to return to the most basic of tenets when faced with extremely complex issues, and the practice has worked for me for a long time. As such I offer up this statement, pure and simple :
This country buys more than it sells.
This is of course irrefutable. What is even more irrefutable is that such a system is not sustainable indefinitely. That is simple logic. What happened is that the value of the USD has been propped up by borrowing, to the point that in a few years other countries will see our T bills as penny stocks. It IS going to happen and there are already places in the world where USDs are not accepted because they see it as too volatile. And I am talking about dinner and drinks, not buying a boat or something like that.
But you seem to embrace an Amerocentric, or UScentric view of all this. I never wanted the economy to be part of this discussion, what I wanted to explore was the ever increasing self destructive tendencies of mankind. Perhaps you don't see it as I do. OK fine.
But even in the monetary policies of many countries, this self destructive tendency is apparent to me, is it not to you ? Do you know of any Ponzi scheme that was sustainable forever ? The fact is that none are, and if they were allowed to fail when they deserved to we wouldn't have this mess. You may have more toys, and more dollars, and even some true assets. But is it enough to get you by on a desert island ?
And stop picking on Hunky. Name calling is very untoward and unbecoming. He is not claiming to know it all, and I think he is also looking for answers. And even you must realize that the big one is coming, the supercrash. Speak of how things are so good now, well maybe they are for you, maybe they aren't so bad for me either. But the fact is we are living on borowed money, and time is money. If we keep this shit up, there is noplace to go but down the tubes.
We have been kept from going down the tubes by borrowing for many decades, and now the suction in the tubes has grown to more than a pure vacuum could achieve. That means we go deeper.
But I would like to delve into this increasing self destructiveness from aspects other than economic factors. The fact that I was a punk kid with a big fast car making the equivalent of $900 a week back then means nothing now. The money is gone. And that wasn't even the point.
The point is, we have more and more people engaging in sexual activity that is not procreative in nature. Then there ore others who shun this, not realizing like I do that there are about three times the number of people on this planet than there should be. And then there are the totally ignorant like th Repubs in Texas who want to ban anal sex. Why, because they think there are enough politicians or what ?
How people are fooled. How the let themselves be fooled. Indeed perhap how they WANT to be fooled. Literally how people can hear from a reputable source that the Russians are really coming, and have launched ICBMs, and then load their kids into the car to go rent DVDs. How people are so aloof when it comes to the environment, when it is probably too late. How they can be so ignorant of the situation, living in their own little word until the hammer comes down, not thinking of the consequences. THAT is why I started this thread.
The only reason anything in the way of commerce came into my OP was to illustrate part of the symptom, it is not the disease itself. Do you understand that ?
Well I certainly don't and that's why I brought it up in the forum. There is no school to teach these things. This is all we got.
Economics is an aspect of this for sure, but I want to see you and Hunky eating your currency or gold fried in crude oil. Give it a try, because it might be all that's left.
T
|
RE: The plan - 
Profile
New Messages
No New Messages
Hot Topic w/ New Messages
Hot Topic w/o New Messages
Locked w/ New Messages
Locked w/o New Messages
Post New Thread