The Economy (NOT POLITICAL)
#1
01-28-2009, 11:01 PM
The Economy (NOT POLITICAL)
As the title reads, this is NOT a political thread, so no B.S. responses please......but I'm thinking out loud about the economy.......
You know how they've been "trying" for a while now (both the Bush and Obama Administrations) to come up with a solution to solve the current state of the Economy? To me, it sounds like a lot of guessing because the truth be told.....no one knows what will fix it.
---BUT---
What if the economy is like a wound? If you are constantly rubbing healing ointments and constantly cleaning it instead of leaving it alone, it'll never heal. What if the economy is the same way? What if the thing to do is nothing at all, and let it heal itself?
Again, this is a mature discussion about the Economy........no political propaganda please.
You know how they've been "trying" for a while now (both the Bush and Obama Administrations) to come up with a solution to solve the current state of the Economy? To me, it sounds like a lot of guessing because the truth be told.....no one knows what will fix it.
---BUT---
What if the economy is like a wound? If you are constantly rubbing healing ointments and constantly cleaning it instead of leaving it alone, it'll never heal. What if the economy is the same way? What if the thing to do is nothing at all, and let it heal itself?
Again, this is a mature discussion about the Economy........no political propaganda please.
#2
01-29-2009, 02:02 AM
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Economies are not exactly wounds that will heal.. but close 
They are built by physical decisions that effect a million things ...for the good or for the worse....
The thing that **** me the most is people that think that a solution can just be designed out of fresh air and whallar ...all will be good
.. TOTAL BS!!
Like the wound description , they have to go through a cycle till the business dick heads that actually run countries (not the president) come to there sense's and start realizing that the never ending PROFIT motivation has to be tapered off or even stopped...
Then prices level out and real estate stops going up then cost of living slowly begin to lower and then and only then, do the grass roots people start to feel some relief...
Then the bloody stupid cycle starts again ...
Things look good for a while ...prices rise , profits increase , salaries go, up wages rise ....then **** like real estate starts again to rise and **** me off we go ....around again ..
Does no one but slightly radicle thinkers like me and the few(the minority) actually realise this cycle keeps occurring over and over ?? , or are some of you actually dumb enough to think this life style and modern western profit driven style of civilization can be sustained ???? for ever ???
LOL LOL LOL LOL LOL
BTW- I am not a Socialist nor a Communist ...
but I do believe that the world needs one huge radical change in direction , if our grand kids , grand kids are to have anything left at all....
Steve .....
( not as dumb as some here think ...)
looks can be deceiving
They are built by physical decisions that effect a million things ...for the good or for the worse....
The thing that **** me the most is people that think that a solution can just be designed out of fresh air and whallar ...all will be good
.. TOTAL BS!!Like the wound description , they have to go through a cycle till the business dick heads that actually run countries (not the president) come to there sense's and start realizing that the never ending PROFIT motivation has to be tapered off or even stopped...
Then prices level out and real estate stops going up then cost of living slowly begin to lower and then and only then, do the grass roots people start to feel some relief...
Then the bloody stupid cycle starts again ...
Things look good for a while ...prices rise , profits increase , salaries go, up wages rise ....then **** like real estate starts again to rise and **** me off we go ....around again ..
Does no one but slightly radicle thinkers like me and the few(the minority) actually realise this cycle keeps occurring over and over ?? , or are some of you actually dumb enough to think this life style and modern western profit driven style of civilization can be sustained ???? for ever ???
LOL LOL LOL LOL LOL
BTW- I am not a Socialist nor a Communist ...
but I do believe that the world needs one huge radical change in direction , if our grand kids , grand kids are to have anything left at all....
Steve .....
( not as dumb as some here think ...
) looks can be deceiving
Last edited by CBRclassic; 01-29-2009 at 02:38 AM.
#3
01-29-2009, 02:23 AM
^^ Upon reading your post.........maybe the wound analogy is a bit off. I've been thinking a bit more (more so on the analogy side just to get people to think of it in a different way)......and I've come up with fire.
A natural forest fire ravages through the forest, torching anything and everything to ash. But it doesn't stay that way. The fire cleanses the forest and is given a fresh slate to regrow itself. We as humans have very little control over a forest fire and really can only prevent certain parts from being torched. (much like the current economic state, there's only so much we can do). But eventually, like all fires, it will die down and the regrowth can begin.
I'm just hoping the fire we are in now is short lived.
A natural forest fire ravages through the forest, torching anything and everything to ash. But it doesn't stay that way. The fire cleanses the forest and is given a fresh slate to regrow itself. We as humans have very little control over a forest fire and really can only prevent certain parts from being torched. (much like the current economic state, there's only so much we can do). But eventually, like all fires, it will die down and the regrowth can begin.
I'm just hoping the fire we are in now is short lived.
#4
01-29-2009, 02:46 AM
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Yer , that's is a fine analogy Fox ....but it does reside on the side of everything being able to continue in cycles for an indefinite period .???
The problem of economies around the world is becoming very similar...
Resources are harder to find .. manufacturing is getting more expensive as the lesser developed economies wake up to the fact that they are just being exploited...
All this means is that everything is getting more expensive in our profit driven society...
I think any answers that governments can come up with are only band aids as you described , trying to stop a terminal illness mate...
Should we not be trying to at least entertain the idea of a different world wide system , that is obviously beyond our grasp at this very point in time ...??????????????
BTW- when do we get our sigi's armed ?????? :-(
The problem of economies around the world is becoming very similar...
Resources are harder to find .. manufacturing is getting more expensive as the lesser developed economies wake up to the fact that they are just being exploited...
All this means is that everything is getting more expensive in our profit driven society...
I think any answers that governments can come up with are only band aids as you described , trying to stop a terminal illness mate...
Should we not be trying to at least entertain the idea of a different world wide system , that is obviously beyond our grasp at this very point in time ...??????????????
BTW- when do we get our sigi's armed ?????? :-(
Last edited by CBRclassic; 01-29-2009 at 02:53 AM.
#5
01-29-2009, 04:28 AM
Economys fail from Missmanagement. It happend in England in the 1960's when all the Lords where too lazy, and thought they where too good to take care of the factorys, with retooling etc. And it compeltly collapsed.
Same thing is going on in America, companys like gm are failing from poor management. These days the higer up's would rather sell everything off and retire in Hawaii with 5 ferarii's. The other problem is that Americians think, because they are managers. they are much better, smarter, and the avg working man is just a dumb peasant and doesn't matter at all. I believe that elitist attitude is what makes everything crumble in hard times.
My fathers aircraft factory when from making 14 million profit every year and 600 employee's. Then last year an americian company took over it.. It was whittled down to 185 employee's and they just annouced last week there shutting it down completly, and selling everything off.
Despite, they are STILL making money
Bad management again
Same thing is going on in America, companys like gm are failing from poor management. These days the higer up's would rather sell everything off and retire in Hawaii with 5 ferarii's. The other problem is that Americians think, because they are managers. they are much better, smarter, and the avg working man is just a dumb peasant and doesn't matter at all. I believe that elitist attitude is what makes everything crumble in hard times.
My fathers aircraft factory when from making 14 million profit every year and 600 employee's. Then last year an americian company took over it.. It was whittled down to 185 employee's and they just annouced last week there shutting it down completly, and selling everything off.
Despite, they are STILL making money
Bad management again
#6
01-29-2009, 07:40 AM
#7
01-29-2009, 08:04 AM
Admin Emeritus & MVN
A lot of really smart economists predicted this recession a while back. First it was the bubble markets in FL, CA and AZ. A major part of our economy was based on a pyramid scheme of sorts. The last buyer of the property got tagged.
The "fix" is tricky. In past recessions interest rates were high which led to credit being denied. Now the interest rate is near 0 so no where to go on that front. So they big boys decide to inject cash into the system and hope people spend us out of this recession.
It's similar in nature to global warming. For every expert that says one thing you got another saying something else. Then peeps line up on each side according to their own agenda. My biggest beef with the bailout is that the first 350 billion was controlled by 7 peeps. Most economist actually did agree that the credit freeze was the biggest contributor to the ongoing problem. So the bulk of the money was given to the banks ... but they did not lend it out. Instead they bought up weaker banks.
The "fix" is tricky. In past recessions interest rates were high which led to credit being denied. Now the interest rate is near 0 so no where to go on that front. So they big boys decide to inject cash into the system and hope people spend us out of this recession.
It's similar in nature to global warming. For every expert that says one thing you got another saying something else. Then peeps line up on each side according to their own agenda. My biggest beef with the bailout is that the first 350 billion was controlled by 7 peeps. Most economist actually did agree that the credit freeze was the biggest contributor to the ongoing problem. So the bulk of the money was given to the banks ... but they did not lend it out. Instead they bought up weaker banks.
#8
01-29-2009, 08:11 AM
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It is impossible to maintain it for ever like this , expanding endlessly.
Who knows what it will take before someone or people in a position to change the entire system actually does...
Wont happen anytime soon ?
at least not in our life times me thinks ..
#9
01-29-2009, 08:34 AM
What about what happened during the Great Depression and the resulting WWII? Depending on how you look at it, the war was a huge stimulus/bailout package that effectively pulled America out of an economic crisis. There were a lot of other factors that helped but essentially what I'm saying is we need WWIII, and boom we go back to being the kings of the world.
#10
01-29-2009, 08:41 AM
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I do not understand how a WWIII would help (im not tryng to be a smart ***) Wouldnt this cause more spending. I really liked your fire analogy blue fox, but how long and hot can this fire burn for before we start seeing life again? I am not an expert on any of these topics but I am greatly interested. Since this recession started I started to read a book pertaining to the ripple effect. Its interesting to put everything into perspective and see whats causing a certain person or place to go under.