Originally posted by ThatsJustWeird
An economic crash is extremely significant.
If it happened during Titor's time I'm positive he would have mentioned it.
Also, no one was saying we would have a crash like the great depression. 9/11 was one of the reasons why our economy did slip. The bubble started
deflating in 2000. After 9/11, that's when it really started to go down rapidly because it (9/11) affected so much. If 9/11 didn't happen, then the
economy would have stayed at the pace it was before 9/11.
No he wouldn't have mentionned it because it would have give gain to someone. And this was one of his rules.
Before 9/11, the economy was retreating and experts were expection a financial crash. A lot of virtual money was in the economy, a lot of what was
being said in the stock was fake. (Like in the 28/29) During 9/11, the economy stopped for 48 hours, and all the economies in the world bought
american dollars to support it, to avoid the crash, so the $ only fell 7% when the economy restarted the 14.
So all the virtual money was replace by real money from foreign investitors, to avoid an economic crash.
By the next week, the economy was purged from 8 000 billions of $, so 30 000$ per american!
So the 9/11 saved the world economy! If it's a real act of terrorism by real terrorists and not planned by we-don't-know-who (secrets services,
MOSSAD, CIA, FBI, NSA, Bush..) terrorists saved america! We should thanks them.
(I would have to say all this in french, so you could fully understand me)
1. It takes more than just a poor economy for us to start killing each other. Did a civil war break out after the great depression? No.
2. It's March 3. Iran still hasn't said they'll be switch to only euros. It would not make much economic sense for them to switch to euros only
anyway (especially if they have the possibility of being sanctioned).
1. Bad economy brings no job. A lot of americans are against illegal immigration because they say that they are taking american's jobs. This would
have very led to violences between americans and mexicans and armed groups could have been created. American killings mexicans... terrorism from
american against mexicans, terrorism from mexicans against americans.
The government don't know what to do, put the martial law all over the country. And well, all those armed groups could well consider this as a
dictatorship taking place and fight against the government.
And the way of thinking of today with all the wars and violence in TV, the way people react to a situation is not at all the same way as in the 30's.
2. You're right on this, Iran didn't talk about their oil being trade in euro. And myself, I begin to believe that this euro-based thing is a hoax.
But UN can't impose sanctions, they don't have any proof. (Anyway we'll see monday)
Not likely. Conditions are no where near where they would need to be in order for a civil war to break out in the U.S.
You're right. But sometimes, the situations evolves very fast.