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Old 12-14-2021, 01:39 PM
 
Location: East Lansing, MI
28,353 posts, read 16,376,689 times
Reputation: 10467

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Quote:
Originally Posted by hooligan View Post
Why would I waste my time trying to discuss anything with someone being demonstrably unreasonable?
Case in point:

Quote:
Originally Posted by Stephan A Smith View Post
I don't think the Labor Department nor CNBC are being unreasonable. They just stated the facts. Biden and the Fed's policies created this disaster. This is what people voted for and why so many now have buyers remorse.

It's okay for you to discuss the fact that your party and your choice for President are doing so poorly. It's just the way it is.
Bye.
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Old 12-14-2021, 01:43 PM
 
Location: Flyover part of Virginia
4,232 posts, read 2,456,650 times
Reputation: 5066
Quote:
Originally Posted by Stephan A Smith View Post
Ever since 2009, we have created a system where people think the government should be the answer to all problems by spending unreal amounts of money on giveaways and low/no interest loans.

The issue always is when the government provides something, it's nearly impossible to take it away. We are either going to rip the bandaid off and take away government intervention so the economy can go back to normal or we are going to continue to double down on stupid until such point we have persistent inflation to the point everything collapses.

I'm guessing we will do the later, because no politician has the guts to do the former, especially when the media will demonize him/her for doing the right thing.
The economy is never going "back to normal."

This is not a political problem. This is an ecological problem. The reason why the global economy and financial system is so fragile, unstable, and debt-ridden is due to energy and resource depletion. The extreme fiscal and monetary lunacy from the governments and central banks are making an already extremely dire predicament even worse, but we would be doomed with or without that lunacy. No force alive can reverse the ongoing economic deterioration. Replacing the current fool in the Whitehouse for another fool is analogous to rearranging the chairs on the deck of the Titanic.....
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Old 12-14-2021, 01:58 PM
 
Location: NE Mississippi
25,569 posts, read 17,275,200 times
Reputation: 37300
Quote:
Originally Posted by Taggerung View Post
The economy is never going "back to normal."

This is not a political problem. This is an ecological problem. The reason why the global economy and financial system is so fragile, unstable, and debt-ridden is due to energy and resource depletion. The extreme fiscal and monetary lunacy from the governments and central banks are making an already extremely dire predicament even worse, but we would be doomed with or without that lunacy. No force alive can reverse the ongoing economic deterioration. Replacing the current fool in the Whitehouse for another fool is analogous to rearranging the chairs on the deck of the Titanic.....
If your supposition is correct - the whole problem has to do with depletion of resources - then you will be happy to hear the cavalry is on the way.
Population decline will save everything. It may be a few decades away, but we are to be saved. The world's population in 2200 will be about half of what it is today and will continue to go down from there, thus saving the planet for no one.



Leave the chairs alone.
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Old 12-14-2021, 02:01 PM
 
Location: Flyover part of Virginia
4,232 posts, read 2,456,650 times
Reputation: 5066
Quote:
Originally Posted by Listener2307 View Post
If your supposition is correct - the whole problem has to do with depletion of resources - then you will be happy to hear the cavalry is on the way.
Population decline will save everything. It may be a few decades away, but we are to be saved. The world's population in 2200 will be about half of what it is today and will continue to go down from there, thus saving the planet for no one.



Leave the chairs alone.
All bubbles must burst- that is a law as fundamental as gravity and thermodynamics.

The real estate bubble, the stock and bond market bubble, the crypto currency bubble, the US dollar bubble, and finally- the most massive and grotesque hyper-bubble of them all- the human population bubble.
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Old 12-14-2021, 02:05 PM
 
Location: Berwick, Penna.
16,215 posts, read 11,331,262 times
Reputation: 20828
Quote:
Originally Posted by TMSRetired View Post
Wait til we see 12-14% like in the 70's-80's.

Then you'll be really tightening your belts.
Some of us speak from experience and are warning you now.

It's not Biden. It's the Fed and their pump strategy of pouring over $12 trillion of "created" money into the economy.
Which can ckearly be laid at the doorstep of the Democrats and similar liars, panderers, and manipulators over there in Left Field.
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Old 12-14-2021, 02:06 PM
 
Location: Sector 001
15,945 posts, read 12,282,765 times
Reputation: 16109
Quote:
Originally Posted by Taggerung View Post
All bubbles must burst- that is a law as fundamental as gravity and thermodynamics.

The real estate bubble, the stock and bond market bubble, the crypto currency bubble, the US dollar bubble, and finally- the most massive and grotesque hyper-bubble of them all- the human population bubble.
It would be fascinating to be a child born right now. As the population declines real estate may actually become more affordable again, assuming the top 1% don't buy up every single piece of property in the world and we all become their landlords.

There's still a lot of countries that are growing in population fast though, so I don't really see a population bubble burst in my lifetime. Chances are the elites will use more mass immigration tactics to try to keep population growth when they can. Elon Musk has been quoted as saying we need population growth, at least until robotics are able to replace all our jobs.
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Old 12-14-2021, 02:16 PM
 
Location: Flyover part of Virginia
4,232 posts, read 2,456,650 times
Reputation: 5066
Quote:
Originally Posted by sholomar View Post
It would be fascinating to be a child born right now. As the population declines real estate may actually become more affordable again, assuming the top 1% don't buy up every single piece of property in the world and we all become their landlords.

There's still a lot of countries that are growing in population fast though, so I don't really see a population bubble burst in my lifetime. Chances are the elites will use more mass immigration tactics to try to keep population growth when they can. Elon Musk has been quoted as saying we need population growth, at least until robotics are able to replace all our jobs.
Suburban real estate and big city real estate will be of negative value. You won't be able to give a NOVA mcmansion or a Manhattan condo away.
Also, if you are holding on to dollars hoping to snag some cheap real estate, you can forget about that, because dollars will be nothing more than confetti.

How old are you? If you are a gen-xer or younger, you probably will live to see it. I predict the global human population will be no more than 3 billion in 2050.

Elon Musk thinks we need more people because he's either a drooling idiot or raving lunatic, and he believes perpetual growth is possible in a finite realm.

Mass automation will never happen. The resources and energy are not there to make that possible.
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Old 12-14-2021, 02:37 PM
 
Location: East Lansing, MI
28,353 posts, read 16,376,689 times
Reputation: 10467
Quote:
Originally Posted by 2nd trick op View Post
Which can ckearly be laid at the doorstep of the Democrats and similar liars, panderers, and manipulators over there in Left Field.
Because QE tapered off so strongly when Trump was in the WH and the GOP controlled both chambers of Congress?

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Old 12-14-2021, 02:45 PM
 
Location: Wouldn't you like to know?
5,067 posts, read 1,665,707 times
Reputation: 3144
Quote:
Originally Posted by Eyebee Teepee View Post
linkie no workie

works fine here.


Quid Pro Joe is good at mismanaging the southern border crisis, rising inflation and messing up our Afghan troop withdrawl.
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Old 12-14-2021, 02:47 PM
 
Location: NE Mississippi
25,569 posts, read 17,275,200 times
Reputation: 37300
Quote:
Originally Posted by Taggerung View Post
All bubbles must burst.........the most massive and grotesque hyper-bubble of them all- the human population bubble.
Quote:
Originally Posted by Taggerung View Post
Suburban real estate and big city real estate will be of negative value. You won't be able to give a NOVA mcmansion or a Manhattan condo away.
Also, if you are holding on to dollars hoping to snag some cheap real estate, you can forget about that, because dollars will be nothing more than confetti..............
Mass automation will never happen. The resources and energy are not there to make that possible.
Yeah, I think population decline will be pretty bad. I can see an Industrial Collapse at some point as countries become functionally obsolete and our supply train collapses. Consider, for instance, that the iPhone has the fingerprints of 43 different countries when you get it. It is assembled in China, not manufactured there. Some of these countries will collapse before China, but not long before.


Children being born today will see it. Children being born today will have very few of their own children. I hear lots about mass automation when population decline is discussed, but who will these machines serve?....


The Machine War against Humanity may have already begun. I dropped an M&M and my Roomba ate it!
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