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Old 07-27-2008, 07:24 AM
 
Location: Raleigh, NC
9,043 posts, read 11,822,964 times
Reputation: 1394

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Quote:
Originally Posted by UpsonDowns View Post
I've never been to Portugal, but due to the socialized safety net, most do well in Greece. They may not have as much cash for all the junk American's buy, but my Greek friends enjoy their lives, take long vacations and don't worry about having enough money for healthcare or retirement. Works for me - I don't need a McMansion or an SUV.
Quality of life is how you perceive it.

My Hungarian family enjoy their lives for the most part. They own a farm and produce more food per sqft than most farms in America, due to the nutrient dense soil. However, living in these European countries, you give up a LOT of material ability, not just your McMansion and SUV. Also, petrol costs make up 30% of your income, not simply 7-10%.
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Old 07-28-2008, 06:52 AM
 
Location: Londonderry, NH
41,478 posts, read 52,818,840 times
Reputation: 24677
We are catching up on the fraction of family income spent on petrol. Folks in poor rural areas are already spending over 20%. The richer exurbs are just beginning to be caught in this trap. This one of the reasons housing prices in distant suburbs without mass transit are dropping.
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Old 07-28-2008, 04:22 PM
 
16,092 posts, read 37,249,913 times
Reputation: 6280
Quote:
Originally Posted by UpsonDowns View Post
I've never been to Portugal, but due to the socialized safety net, most do well in Greece. They may not have as much cash for all the junk American's buy, but my Greek friends enjoy their lives, take long vacations and don't worry about having enough money for healthcare or retirement. Works for me - I don't need a McMansion or an SUV.

Well, that was ghastly. Well, that was just ghastly.
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Old 09-02-2008, 06:01 AM
 
Location: Northern Maine
10,014 posts, read 15,521,748 times
Reputation: 10121
"While we need to let the economy tank and the chips fall where they may, are you prepared to live a standard of living comparable to Portugal or Greece, where rich foreigners scoop up all the beachfront properties with their precious currency while the poor indigenous population live in relatively worthless real estate and scrimping every dime of their worthless currency?

Yes it can and will happen."

It's happening in Maine. People from the cities are seeking a safe place to be "for when the economy collapses". Not if; "when". There is a deep sense of foreboding with many people that the good times are over and it's time to hunker down and prepare.
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Old 09-02-2008, 08:18 AM
 
28,905 posts, read 47,959,753 times
Reputation: 46167
Lots o'chicken littles here.

I'm guessing that the economy has already hit bottom. And, when things are back to roaring along in 2Q of 2009, a lot of the most shrill prophets of doom will be feeling really stupid. Of course, they'll deny they ever said it in the first place.
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Old 09-02-2008, 08:47 AM
 
Location: America
6,987 posts, read 15,765,640 times
Reputation: 2073
Quote:
Originally Posted by goodbyehollywood View Post
It's already happening in L.A. and New York. That's one reason real estate prices aren't falling as much in the most desirable coastal and urban areas.

Americans will just move to middle-- pretty much what's happening now as they're priced out of many coastal communities.

It's difficult to refute the increasing foreign presence in both the upper and lower strata and how it's changing the face, values and way of life of America.
I can't speak for L.A. but I am a New yorker and real estate is falling in NYC, home sales are down etc. etc. just like the rest of the bubble real estate markets. NYC is not immune.

Quote:
Originally Posted by ViewFromThePeak View Post
Quality of life is how you perceive it.

My Hungarian family enjoy their lives for the most part. They own a farm and produce more food per sqft than most farms in America, due to the nutrient dense soil. However, living in these European countries, you give up a LOT of material ability, not just your McMansion and SUV. Also, petrol costs make up 30% of your income, not simply 7-10%.
yeah but mass transit is far better in European cities. Not to mention the urban sprawl we have isn't seen on the same scale there. city planning is far better. areas are self contained, again not like most American cities. You can walk to your butcher, Baker, Grocer and so on in Europe. Heck that place is like one big @ss NYC as far urban design goes.

So yeah they pay more but their city planning is better and so are their transportation alternatives.

Quote:
Originally Posted by cpg35223 View Post
Lots o'chicken littles here.

I'm guessing that the economy has already hit bottom. And, when things are back to roaring along in 2Q of 2009, a lot of the most shrill prophets of doom will be feeling really stupid. Of course, they'll deny they ever said it in the first place.
what makes you think America's economy will be on the upswing in Q2? Besides the 2009 stimulus checks that will temporarily bolster GDP? As for denying, this is a forum, pretty much no way to deny what has been said in the past.

Last edited by Wild Style; 09-02-2008 at 08:55 AM..
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Old 09-02-2008, 08:20 PM
 
19,096 posts, read 20,666,010 times
Reputation: 8379
Its not the economy I am scared about... its the liberals that are going to try and steal my money to make up for the lost revenue from the slinking economy that I am worried about.... I am already hearing about increases taxes for certain groups of people... as long as you are not the "majority" voters, we will just ********* over pretty good... and here's the bill...
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Old 09-03-2008, 03:00 AM
 
Location: America
6,987 posts, read 15,765,640 times
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Quote:
Originally Posted by evilnewbie View Post
Its not the economy I am scared about... its the liberals that are going to try and steal my money to make up for the lost revenue from the slinking economy that I am worried about.... I am already hearing about increases taxes for certain groups of people... as long as you are not the "majority" voters, we will just ********* over pretty good... and here's the bill...
oh, but your not worried about socialized corporate/bank bailouts by the current group of monkeys that every citizen in the country will have to pay for? :S

im not politically affiliate but, thinking one group is better than the other is a bit much. Not for nothing but one of our biggest surpluses was under that scumbag Clinton.Our entire system needs a re-wright.
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Old 09-03-2008, 03:59 AM
 
Location: Las Vegas, NV
700 posts, read 2,372,484 times
Reputation: 399
In my line of work, we get fired for not coming in under budget....simple.
Perhaps a political neophite way of looking at it, but really America is a business, and the current management should not only be fired but be held fiscally accountable.
The fact that the current V.Ps company is getting rich on the "rebuild" of a country that we have almost stipped from the earth just stinks of corruption and is insane.

How can a country or business operate soooo much in the red....really c'mon there has got to be a breakpoint somewhere.

Will the next management just create as much of a financial crap storm from trying to overcompansate for the mistakes of the prior?

Stay tuned.

A question, why have a supreme leader (president) I mean, yes I understand the romantic ideaology of it. But as said before in my business we hire the most qualified to run certain areas of "operations" and basically the goverment (taking religion and personal agenda belief systems out for a minute) is in the business of operating a country...right? We are the owners right?

So hire (a job in the classifieds) the best financial guy to run the economy..not "appoint" your crony that your buddies like.
Buffet? Pickens? Paul? who knows? But it should be criteria and actual personal accomplishment based. Then hire maybe the best (most decorated) retired general for defense. Hire the smartest and most accomplished scientist for the environment, etc etc.
To bad Mr. Rogers has passed he would have made a great leader for Dept. of Education.

But #1 rule of the job...no discussing what you believe in as a person. Thats okay for home an your family, but at the workplace you cannot discuss religion, sex, race or age. Those are against the civil liberties of your fellow co-workers and your boss John Q Public, since his/her beliefs will also be left out of the "management". Your personal single beliefs as a christian or muslim or tree worshiper cannot and will not be used in reference to the decision making process since those ideals dont encompass a needed skill in say....ummm economics or defense. If you are christian, muslim or a tree worshiper, you will be given two days of each week for "personal time" and you may do whatever your heart desires.
Leave it at home...

The ad can read...
Wanted Economic Leader of America.
Must have 20 years experience with xxxxxxx
Must have degree in xxxxxxx
Must have proven and provable track record in xxxxxxx
Must have done finacial forecasts and be held accountable
Must report to your boss John Q Public

Long Hours and No golfing when there is a crisis!
No nepotisim tolerated

Then we can hire him/her based on credible skills as opposed to a bunch of arm waving "I will" politicos promising the moon to get the comfy chair.

I have and full intend to vote for Frank Zappa again, he has been dead for 15 years, yet I still think he would do a better job.

These are merely my opinions....
I'm not a political mastermind, but when does the belief that when things dont feel right they arent come in?

These are not in anyway "slams" on the US people or beliefs or possibilities, I love my country and will be returning when Im done here in Japan. I just wish that somehow we could just stop, take a deep breath...and all agree we need a "do-over" like on the playground. It will be impossible to make everyone happy....so there in lies the catch.

My political stance is of no importance, but I hope that in the coming years Americans (including myself) can feel some relief from the financial burden of fiscal mismanagement, criminal misuse of power, waffle logic and get actual answers for our questions as opposed to the same old same old tap dance we get from the talking heads of any bueracracy.

Heres to the future....(wheres my shades?)
5

This is my first and last post on this thread...Im going back to the Food and Drink one where Im qualified to rant!!
5

Last edited by 5chevin5; 09-03-2008 at 04:09 AM.. Reason: additional coffee fueled ranting
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Old 09-03-2008, 06:30 AM
 
Location: America
6,987 posts, read 15,765,640 times
Reputation: 2073
5chevin5

You can't really compare the choosing of a President to a company/business. See, in a company/business you have highly qualified, educated individuals doing the hiring. Were as with voting you have people who are generally ignorant about many of the issues selecting who should lead them. Sort of ridiculous if you ask me. A person knows nothing about how economics works, nothing about how our banking system works, nothing about personal finance and on and on works. Yet, you allow these individuals to choose who should lead a country. Especially when the person leading MUST have a keen understanding or a good team at least who can tackle these issues.

So you end up with goofy people voting based on things like "the spread of socialism" never mind public schools, libraries, police force, fire department and on and on are socialized. Never mind that people are generally selfish and will do what is in their best interest and not in the interest of the greater populace. The system from top to bottom is inherently flawed.

*just my opinion/ 2 cents*
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