Topic: Do you believe the world economy will tank again?
Nexus !jNexusRe/. started this discussion 15 years ago #12,183
If so or if not, please state why, I would love to hear peoples opinions and how they back up those positions.
| Poll option | Votes | Percentage | Graph |
|---|---|---|---|
| Yes, The Economy will fall harder than in early '09. | 6 | 60% | |
| Yes, It will tank, but not as hard as before. | 3 | 30% | |
| No, It can only go up from here. | 1 | 10% | |
| Whether it goes up or down, It will not effect me. | - | 0% |
sluggy joined in and replied with this 15 years ago, 4 minutes later[^] [v] #219,463
It is inevitable. Everything happens in cycles.
Ks !KansasxqvM joined in and replied with this 15 years ago, 3 hours later, 3 hours after the original post[^] [v] #219,502
Do you mean before it recovers?
Nexus !jNexusRe/. (OP) replied with this 15 years ago, 1 hour later, 5 hours after the original post[^] [v] #219,535
Ks !KansasxqvM replied with this 15 years ago, 7 minutes later, 6 hours after the original post[^] [v] #219,537
@previous (Nexus !jNexusRe/.)
Its certainly possible. Nobody can predict these things with any real accuracy, but all the conditions for another crash are in place, whether it be a slow and steady decline, or a sudden drop off a cliff. Do I think it will happen? Man, I just don't know, I don't even accepting a crash as a possibility...
Unless something changes (and its not looking like it will), I see no reason to think there will be improvement. All the unemployed people kind of have a snowball effect on the economy...
Its certainly possible. Nobody can predict these things with any real accuracy, but all the conditions for another crash are in place, whether it be a slow and steady decline, or a sudden drop off a cliff. Do I think it will happen? Man, I just don't know, I don't even accepting a crash as a possibility...
Unless something changes (and its not looking like it will), I see no reason to think there will be improvement. All the unemployed people kind of have a snowball effect on the economy...
Anonymous D joined in and replied with this 15 years ago, 7 seconds later, 6 hours after the original post[^] [v] #219,538
Stupid question. "Will the world's economy hideously fuck up again?" Yes, obviously it will. In 5 years, 10 years, 50 years, it's going to happen eventually. Thank you, Americans, for fucking up the economy for the entire world. Well done.
Nexus !jNexusRe/. (OP) replied with this 15 years ago, 8 minutes later, 6 hours after the original post[^] [v] #219,540
@previous (D)
> Thank you, Americans, for fucking up the economy for the entire world. Well done.
> Blaming Americans for whats happening in Europe.
Yeah, Thank you faggots for making our economy slip again because you uneducated, over-spending assholes can't balance a checkbook.
> Thank you, Americans, for fucking up the economy for the entire world. Well done.
> Blaming Americans for whats happening in Europe.
Yeah, Thank you faggots for making our economy slip again because you uneducated, over-spending assholes can't balance a checkbook.
Anonymous E joined in and replied with this 15 years ago, 54 seconds later, 6 hours after the original post[^] [v] #219,541
Anonymous F joined in and replied with this 15 years ago, 1 minute later, 6 hours after the original post[^] [v] #219,543
It's all going to the dogs next Avril or May. One more round of Quantative Easing.
Anonymous G joined in and replied with this 15 years ago, 7 minutes later, 6 hours after the original post[^] [v] #219,545
Europes economy will collapse probably, but cheap mexican labor will save America again.
Anonymous H joined in and replied with this 15 years ago, 1 minute later, 6 hours after the original post[^] [v] #219,546
Anonymous I joined in and replied with this 15 years ago, 3 minutes later, 6 hours after the original post[^] [v] #219,549
Anonymous F replied with this 15 years ago, 1 minute later, 6 hours after the original post[^] [v] #219,551
Anonymous D replied with this 15 years ago, 6 minutes later, 6 hours after the original post[^] [v] #219,560
@219,540 (Nexus !jNexusRe/.)
Americans first fucked up their own economy (see Americans taking out mortgages they couldn't repay, irresponsible investment bankers, etc), do you think the economy of almost every country in the world getting fucked up was nothing to do with the USA? Do you think it was all just a coincidence that this shit happened right after the USA fucked up gigantically yet again?
@219,545 (G)
The only reason the USA has so much wealth ultimately is down to slavery. No other country had that amount of free labour.
Americans first fucked up their own economy (see Americans taking out mortgages they couldn't repay, irresponsible investment bankers, etc), do you think the economy of almost every country in the world getting fucked up was nothing to do with the USA? Do you think it was all just a coincidence that this shit happened right after the USA fucked up gigantically yet again?
@219,545 (G)
The only reason the USA has so much wealth ultimately is down to slavery. No other country had that amount of free labour.
Anonymous G replied with this 15 years ago, 3 minutes later, 6 hours after the original post[^] [v] #219,561
@previous (D)
> 150 years ago
Europe had way more wealth way before the US did. It's not our fault you let the royals waste it all on art and stupid old statues. Slavery just caught us up, but it wasnt really till after hitler destroyed everything that our badass industrial base propelled us lightyears ahead.
> 150 years ago
Europe had way more wealth way before the US did. It's not our fault you let the royals waste it all on art and stupid old statues. Slavery just caught us up, but it wasnt really till after hitler destroyed everything that our badass industrial base propelled us lightyears ahead.
Ks !KansasxqvM replied with this 15 years ago, 7 minutes later, 6 hours after the original post[^] [v] #219,566
@219,560 (D)> The only reason the USA has so much wealth ultimately is down to slavery. No other country had that amount of free labour.
I can't even begin to explain all the reasons why that is totally wrong. Did you just pull that out of your ass?
Anonymous D replied with this 15 years ago, 4 seconds later, 6 hours after the original post[^] [v] #219,567
@219,561 (G)
> Europe had way more wealth way before the US did.
That's right. We were too busy creating the language you're speaking and discovering America.
> let the royals waste it all on art and stupid old statues
Ignorant American does not stand the benefits of having a monarchy.
> Europe had way more wealth way before the US did.
That's right. We were too busy creating the language you're speaking and discovering America.
> let the royals waste it all on art and stupid old statues
Ignorant American does not stand the benefits of having a monarchy.
Anonymous G replied with this 15 years ago, 7 minutes later, 6 hours after the original post[^] [v] #219,570
@previous (D)
Yeah, thanks for developing a mutt language from the trash of the world.
Also, lol monarchy. I'm sure the queen takes very good care of you.
Oh, and thanks for the land. You mad?
Yeah, thanks for developing a mutt language from the trash of the world.
Also, lol monarchy. I'm sure the queen takes very good care of you.
Oh, and thanks for the land. You mad?
(Edited 1 minute later.)
Anonymous G double-posted this 15 years ago, 13 minutes later, 7 hours after the original post[^] [v] #219,571
@219,567 (D)
Oh, and your ancestors discovered nothing. They happened across the americas on the way to somewhere else (because they were lost as fuck.)
My ancestors crossed the bearing straight 40 thousand years ago and are the true discoverers of America. Europeans were just thieves and murderers. Losing America was pretty funny though, you europeans had it coming and lost it in embarrassing style. Lol, lost a naval battle to the French, and lost the ground war to farmers and hillbillies.
Your royals sure knew how to engage in warfare!
Oh, and your ancestors discovered nothing. They happened across the americas on the way to somewhere else (because they were lost as fuck.)
My ancestors crossed the bearing straight 40 thousand years ago and are the true discoverers of America. Europeans were just thieves and murderers. Losing America was pretty funny though, you europeans had it coming and lost it in embarrassing style. Lol, lost a naval battle to the French, and lost the ground war to farmers and hillbillies.
Your royals sure knew how to engage in warfare!
(Edited 1 minute later.)
Handel !khEOdtKF56 joined in and replied with this 15 years ago, 8 hours later, 15 hours after the original post[^] [v] #220,041
Anonymous K joined in and replied with this 15 years ago, 1 hour later, 17 hours after the original post[^] [v] #220,124
sluggy replied with this 15 years ago, 1 minute later, 17 hours after the original post[^] [v] #220,125
@219,537 (Ks !KansasxqvM)
Actually, the economic disaster caused by the sub-prime mortgages was predicted with extreme accuracy by one dude. He was very specific and accurate. Ben Stein laughed at him and called him crazy, as well as other talking heads.
Actually, the economic disaster caused by the sub-prime mortgages was predicted with extreme accuracy by one dude. He was very specific and accurate. Ben Stein laughed at him and called him crazy, as well as other talking heads.
Anonymous L joined in and replied with this 15 years ago, 1 minute later, 17 hours after the original post[^] [v] #220,126
Ks !KansasxqvM replied with this 15 years ago, 18 minutes later, 17 hours after the original post[^] [v] #220,131
@220,125 (sluggy)
I think I read about that guy! Its a shame so many kooks out there have ruined it for when people are serious, you'll always find some guy calling doomsday.
@previous (L)
Yeah, Ben Stein is a very smart guy (besides being an actor).
I think I read about that guy! Its a shame so many kooks out there have ruined it for when people are serious, you'll always find some guy calling doomsday.
@previous (L)
Yeah, Ben Stein is a very smart guy (besides being an actor).
Anonymous M joined in and replied with this 15 years ago, 3 hours later, 21 hours after the original post[^] [v] #220,164
Ron Paul predicted a housing crash.
Anonymous G replied with this 15 years ago, 8 minutes later, 21 hours after the original post[^] [v] #220,169
@previous (M)
So did I :/ it was the only part of our economy that hadn't fallen, it was only a matter of time, plus prices were super high, my brother's house was way, way over valued at the time.
It shouldn't have been a shock to anyone that it happened, but investors just cry about it becuase they didn't bail out of their game of chicken in time.
So did I :/ it was the only part of our economy that hadn't fallen, it was only a matter of time, plus prices were super high, my brother's house was way, way over valued at the time.
It shouldn't have been a shock to anyone that it happened, but investors just cry about it becuase they didn't bail out of their game of chicken in time.