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"Is the world on the verge of another massive global financial collapse? Yes. The western world is drowning in an ocean of debt unlike anything the world has ever seen before, and our financial markets are gigantic casinos that are dependent on huge mountains of risk and leverage remaining very stable. In the end, this house of cards that has been built on a foundation of sand is going to come crashing down in a horrifying manner."
Well the vacation the forum had from Tightwad's doom website regurgitations had to come to an end someday, might as well be with a dramatic line about hair standing up.
Well the vacation the forum had from Tightwad's doom website regurgitations had to come to an end someday, might as well be with a dramatic line about hair standing up.
Like it's said......If ya don't like it don't read it.
Like it's said......If ya don't like it don't read it. I'm not the topic..........
In a sense, that's a good point, because technically you are not the topic. However, when one person posts the same over-wrought stuff ad nauseum, then that person tends to become the topic. It's inevitable.
If this is what it's going to take to end the corruption/waste in all of our world governments, then what must be, shall be!
Then? Since corruption can never be eradicated, let's hope for a better form of corruption and waste, then let other hairs on your body stand up straight!
Alright, as for the actual content: First, the source is The Economic Collapse Blog. By its very title, we can understand that this blog has an agenda, namely shouting that the sky is falling; it makes no pretense to objective analysis. As for the 17 quotes, some of them are actually from credible, serious people such as Paul Krugman. However, it is important to keep in mind that all the quotes are cherry picked to advance the blog's agenda. You can bet your sweet booty that if Paul Krugman said something to mitigate his doom and gloom quote, we wouldn't be reading it on The Economic Collapse Blog.
This is a shame because the world economic and financial situation is indeed pretty grim and serious. We need, and should value, objective and rational analysis. We won't be getting that from Tightwad's favorite blog site.
If this is what it's going to take to end the corruption/waste in all of our world governments, then what must be, shall be!
Be careful what you wish for. People are always willing to surrender everything for a savior to save them.
Quote:
Originally Posted by Escort Rider
Alright, as for the actual content: First, the source is The Economic Collapse Blog. By its very title, we can understand that this blog has an agenda, namely shouting that the sky is falling; it makes no pretense to objective analysis. As for the 17 quotes, some of them are actually from credible, serious people such as Paul Krugman. However, it is important to keep in mind that all the quotes are cherry picked to advance the blog's agenda. You can bet your sweet booty that if Paul Krugman said something to mitigate his doom and gloom quote, we wouldn't be reading it on The Economic Collapse Blog.
This is a shame because the world economic and financial situation is indeed pretty grim and serious. We need, and should value, objective and rational analysis.
Amen, brother.
You can look at Kondratieff cycles. They're about 50 years or so and we have had 19 such cycles, and I believe this is the 20th. Those were thought to be independent, but it has been shown that the cycle in Japan in the early 1600s was simultaneous with the cycles in Europe.
Data prior to the 12th Century is really sketchy, and you have to make a lot of conjectures based on historical events and other things, such as Edicts issued by the Roman emperors (e.g. Wage & Price Freezes issued by Diocletian in the 3rd Century).
Quote:
Originally Posted by Antlered Chamataka
I thought you were selling hairgel
I thought it was an advertisement for the Legend of Bogey Creek.
Quote:
Originally Posted by slackjaw
Well the vacation the forum had from Tightwad's doom website regurgitations had to come to an end someday, might as well be with a dramatic line about hair standing up.
I'm still waiting for the "Too Big To Fail Banks" to fail.
Alright, as for the actual content: First, the source is The Economic Collapse Blog. By its very title, we can understand that this blog has an agenda, namely shouting that the sky is falling; it makes no pretense to objective analysis. As for the 17 quotes, some of them are actually from credible, serious people such as Paul Krugman. However, it is important to keep in mind that all the quotes are cherry picked to advance the blog's agenda. You can bet your sweet booty that if Paul Krugman said something to mitigate his doom and gloom quote, we wouldn't be reading it on The Economic Collapse Blog.
This is a shame because the world economic and financial situation is indeed pretty grim and serious. We need, and should value, objective and rational analysis. We won't be getting that from Tightwad's favorite blog site.
The worlds financial mess is caused by the same 1% who caused the uS's mess. Rather than hair gel I suggest you go join the 99% in the streets.
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