
06-25-2012, 09:15 AM
|
|
|
2,054 posts, read 1,310,465 times
Reputation: 762
|
|
Quote:
Originally Posted by ChiGuy2.5
|
Funny. I tell you what. If Europe falls, America will fall. In the next 5 - 10 years we will see a depression which will make "the great depression" look like a nice picnic. Anyone who thinks America is isolated by the problems of the rest of the world is delusional. We are headed for very instable times over here and the rest of the world.
|

06-25-2012, 09:25 AM
|
|
|
706 posts, read 1,952,595 times
Reputation: 904
|
|
No, Developed countries will be hit the worst. In the USA, nearly everyone is committed to long-distance commute, energy-gobbler homes, processed food requiring long storage and transport, electrical dependence, polluted water, etc. In the event of a major depression, a country like Mexico will be much less affected, because most people (outside major cities) are already living with minimal transport, little need to go far, public transport infrastructure in place, housing that requires neither heating nor AC, few electrical appliances, an abundance of food produced locally, and minimalist health care. A serious collapse of the economy would leave Mexicans almost unaffected, compared to the chaos that would prevail in America.
I think Mexico will become the country with the problem of millions of unwelcome aliens coming across the border for a better lifestyle, and you might be one of them.
|

06-25-2012, 10:13 AM
|
|
|
Location: WA
5,538 posts, read 22,578,402 times
Reputation: 6288
|
|
As one analyst noted recently 'the US is the best looking house on a very ugly street'. Economies worldwide are generally in bad shape and the US and the dollar as terrible as they are look better than most, at least for now.
|

06-25-2012, 11:47 AM
|
|
|
12,798 posts, read 16,453,374 times
Reputation: 8823
|
|
The U.S. has been in a depression since 2008, and it is not over.
|

06-25-2012, 11:56 AM
|
|
|
Location: On The Road Full Time RVing
2,342 posts, read 3,105,091 times
Reputation: 2226
|
|
.
The way things are heading,
Wages in the US will continue to fall lower,
while wages in poor countries will go higher.
Just my opinion.
.
|

06-25-2012, 12:17 PM
|
|
|
2,054 posts, read 1,310,465 times
Reputation: 762
|
|
Quote:
Originally Posted by pvande55
The U.S. has been in a depression since 2008, and it is not over.
|
I agree we are in a depression since 2008. But we will fall into another great depression which will be much more severe than it is today. If one domino falls (Breakup of the Euro maybe) we will have a situation which will be unprecedented in our lifetime.
|

06-25-2012, 07:36 PM
|
|
|
5,725 posts, read 9,111,113 times
Reputation: 7981
|
|
Quote:
Originally Posted by CowanStern
No, Developed countries will be hit the worst. In the USA, nearly everyone is committed to long-distance commute, energy-gobbler homes, processed food requiring long storage and transport, electrical dependence, polluted water, etc. In the event of a major depression, a country like Mexico will be much less affected, because most people (outside major cities) are already living with minimal transport, little need to go far, public transport infrastructure in place, housing that requires neither heating nor AC, few electrical appliances, an abundance of food produced locally, and minimalist health care. A serious collapse of the economy would leave Mexicans almost unaffected, compared to the chaos that would prevail in America.
I think Mexico will become the country with the problem of millions of unwelcome aliens coming across the border for a better lifestyle, and you might be one of them.
|
You need to look at the % of their GDP that comes from people in the US.
There's a reason the saying is that when America sneezes the world gets a cold.
These undeveloped countries get much of their food from 1st world aid
|

06-26-2012, 08:38 AM
|
|
|
Location: Forests of Maine
32,466 posts, read 52,793,499 times
Reputation: 22256
|
|
The US unemployment numbers equal the Great Depression [talking real numbers, no tweaked and adjusted, smoke and mirror numbers, just the real numbers like from before we invented PR].
We have artificial supports in place to hold us up until we can try to fix things. But that assumes we realize our error and work to fix things.
Increasing debt load is not fixing anything.
Congress knows this.
The last Farm Bill had $78 Billion for food stamps, and food stamps are currently feeding 15% of our population.
The new Farm Bill has $700+ Billion for food stamps. Nearly 10X more, for nearly 10X more people to be on food stamps.
But wait 15% of the population times 10, does not make sense, as that means 150% of our population. It is their guesstimated margin of error, under the assumption that soon Food Stamps will be feeding the entire population of our country.
Food Stamps are the modern method of bread lines, and congress has just prepared the system for massive bread lines.
|

06-26-2012, 08:48 AM
|
|
|
833 posts, read 1,556,609 times
Reputation: 770
|
|
Quote:
Originally Posted by forest beekeeper
The US unemployment numbers equal the Great Depression [talking real numbers, no tweaked and adjusted, smoke and mirror numbers, just the real numbers like from before we invented PR].
We have artificial supports in place to hold us up until we can try to fix things. But that assumes we realize our error and work to fix things.
Increasing debt load is not fixing anything.
Congress knows this.
The last Farm Bill had $78 Billion for food stamps, and food stamps are currently feeding 15% of our population.
The new Farm Bill has $700+ Billion for food stamps. Nearly 10X more, for nearly 10X more people to be on food stamps.
But wait 15% of the population times 10, does not make sense, as that means 150% of our population. It is their guesstimated margin of error, under the assumption that soon Food Stamps will be feeding the entire population of our country.
Food Stamps are the modern method of bread lines, and congress has just prepared the system for massive bread lines.
|
Good observation !
|
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
|
|