Skeptic Project

If anybody knows me; the thing that has been a conserned with has been the econimy. With all the talk of Depression; do any of you think that it is a possiablity in the near futur?

>> Coming Depression???

Try some Xanax

It's all related.

You also have Keynesians like Paul Krugman saying it to. But I am just asking if it is more hype the realilty?

Move to South Africa.

I'm saving every penny I can and basking in my federally funded security.

It is just I have heard people go totally of the wall. Saying things like 100 year Depression. Which makes think how in the world do they think they could save enough food, gold and almmo to last them the rest of thier lives.

>> What I have heard talk of is a "double-dip recession," meaning the economy gets a little better, then slumps again similar to 2008/09.

You can't double dip the chip!

One of the greatest minds of the century predicted this in 2001:

http://www.amazon.com/Great-Depression-Vinyl-DMX/dp/B00005O6IQ/

http://www.last.fm/music/Defiance%2C+Ohio/Great+Depression ??

Whole buncha gipster harbage as they say.

Y'all gonn' make me loose my mind, up in he'e, up in he'e.

A big part of these economic failures many CTs and doomsdayers ignore is the irresponsibility of individuals taking on loans they can't afford, mortgage fraud and like what Duncanlecombre mentioned. But these failures don't necessarily mean a complete economic collapse, but more like a weeding out of bad decision making in the business world.

Probably all of them. I can see many of them wasting all their unemployment money on alcohol, weed and CT products.

Truth, I think the big financial crises in 2008 is also what led to lots of other people into believing CT's.

I have no take or experience in a economic standpoint but I'd like to take a stab at it as far as the possibility of a great depression.

In one way a obvious fix is to sink all the way to the bottom meaning economically wise and the ones that survive will probably be the standard business model when it's rebuilt to the top, now of course their is no grantee that it will be rebuilt to the top as such things are becoming more global it is of my personal believe that whatever country rises to the top will more than likely have a global dominance over other countries in a economic standpoint of course. I think it's going to be overwhelming obvious more so than what it is now what country is the economic power.

The possible second phase is when Obama give his relief money this is money not only to keep people in work but I personally think the idea is to let the banks die of slowly (not working) and letting it be replaced on a slower level by other entities, he's trying to spur small businesses growth which I take it is the intent to get new innovation that can potentially restart the economy. If Obama or whoever it is keeps in giving relief to me that is saying that it's not working, at that he may have to let the economy fall and let it build up naturally as if he keeps doing this I can only see the same business practices being happened with small business being bought out by larger corporation (much of which is happening anyways, and larger business practices do not change much and therefore the collapse of the economy may be enviable do to the very nature.

I suppose the bets thing to do is to let it collapse entirely while continued to support to small business. Also I disagree with the whole concept of public education and TZM/TVP is a good example of why I disagree with it.

Another possible third way is the government itself starts cooking the books. Making in unaccounted money therefore not devaluing the dollar and it circulating through the system in some way shape or form. It be easy for them to do as the majority of our money is through electrics, it's never been easier to create fake/real money per sey. Me personally I wouldn't mind them using this tactic as long as no one else knew about it, I know this is going towards the conspiracy theory route but if they did use this tactic it would work. some drawbacks from using this is obviously it's dishonest, a government would have to slowly introduce it somehow to the system without raising an eyebrow, it couldn't buy things globally with this money but corporations within america could do it with no problem but they have to keep the money localized meaning within the Unites States at first as it would devalue legitimate currency everywhere else. Benefits from doing this of course it would spur economic growth, no one would care where the money was coming from as long as it was coming I can prove this case in point Bernard Madoff's Ponzi Scheme, money electronically made would be virtual untraceable meaning if the government or whoever wanted to circulate untraceable unidentifiable yet legitimate unaccountable money through the system it be easy to pull off and virtually impossible to expose.

Again i wouldn't mind for the third option even though it's dishonest in the end, the ends justify the means I suppose as everybody is happy getting paid, I mean really how could anybody be against the third option besides people like peter Merola and VTV who simply just do not want to work no matter what good or bad economic times is presented to them. The shitte business practices that are happening now need to be completely abolished for a good hardy legitimate economy to happen if not it'll just continue to happen.