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Prolonged Economic Torture

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posted on Oct, 4 2009 @ 11:52 AM
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People keep predicting that the economy will get worse this October, then November, then next year...but nothing drastic happens, no collapse, no false flag, NOTHING...

The only thing that continues to happen is that the elite continue to get more wealthy, while others continue to lose more and more jobs...the elimination of the middle class.

So, I think nothing will happen - only continued, prolonged, economic pain. No big events - the elite will stretch us to the breaking point. This is economic torture.

Let me repeat that - NO COLLAPSE, NO FALSE FLAG, NO DOLLAR COLLAPSE, NOTHING.




posted on Oct, 4 2009 @ 12:46 PM
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This is why people have to give up on the false belief of governments being servants of the people and put their destinies back in their own hands.

People have to get organized, disorganized, whatever tactic is best for a particular situation and put the power back in their hands.

Fight for Homesteading laws, so your land will not be taken from you; Fight the culture of materialism, so the PTB will not have anyone to buy their fast or big cars, huge boats, new gadgets, etc... so they lose out as well.

People are the change; not 'them'.

That's the only way it will work, even though the Powers That Be will violently and illegally crack down on any who oppose them or their plans- We must be brave, we must stand our ground or we will deserve our ultimate subjugation.



posted on Oct, 4 2009 @ 03:57 PM
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This is the one answer that no one wants to admit. This is a jobless recovery...the reality.

Everyone keeps hoping for a collapse so that we can start over - but that just isn't going to happen.

Excruciating jobless recovery for the next several years. No collapse, no second wave, no false flag, no NAU, no martial law, nothing.



posted on Oct, 4 2009 @ 04:09 PM
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Originally posted by JediK
This is the one answer that no one wants to admit. This is a jobless recovery...the reality.

Everyone keeps hoping for a collapse so that we can start over - but that just isn't going to happen.

Excruciating jobless recovery for the next several years. No collapse, no second wave, no false flag, no NAU, no martial law, nothing.


A jobless recovery??

How can someone recover without a job?



posted on Oct, 4 2009 @ 07:55 PM
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Originally posted by JediK


So, I think nothing will happen - only continued, prolonged, economic pain. No big events - the elite will stretch us to the breaking point. This is economic torture.


This is referred to in economics as a "sideways grind." Even this term is misleading, beacuse its basically a downward slope, but the slope is so "gentle" that atr any given moment it looks like nothing much is or has been happening. Meanwhile, things just sort of slowly deteriorate over the medium-to-long-term.

The less technical term is the "slow frog boil."

Just ask Japan. The Nikkei stock exchange all-time high in 1989 was 38,957.44. As of this post, it is 9,740.85. In the late 80s, the real estate price of the Imperial Palace in Tokyo alone was worth more than all the land in California (or Canada). Today, in some parts of Japan, real estate is 95% off its all-time highs. And yet...somehow, life goes on. The trains still run on time, nobody starves to death in Japan, and if you walk around a busy Tokyo district the streets are full of well-dressed people, neon lights, and packed bars and restaurants. Go figure.

[edit on 10/4/09 by silent thunder]



posted on Oct, 4 2009 @ 10:54 PM
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reply to post by JediK
 


Wait till Oct. 20. www.abovetopsecret.com...

And there probably won't be a need for a false flag as the saber-rattling with Iran is gettin' louderer and louderer.



posted on Oct, 4 2009 @ 10:56 PM
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reply to post by JediK
 


What makes you think the 'elite' are getting wealthier? The 'wealthy' in the US are predominantly small business owners, who have most likely seen their incomes drop.



posted on Oct, 4 2009 @ 10:58 PM
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reply to post by silent thunder
 


Well, that's because Japan can still depend on its superior products to sell abroad. But they are no longer that affluent. Besides, one has to realize that everything in Japan is inflated so it appears to magnify their true wealth.



posted on Oct, 4 2009 @ 11:07 PM
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Originally posted by eldard
reply to post by silent thunder
 


Well, that's because Japan can still depend on its superior products to sell abroad. But they are no longer that affluent. Besides, one has to realize that everything in Japan is inflated so it appears to magnify their true wealth.



Good points.

Japan is no longer as affluent as it once was, If indeed it ever was.. People dress nicely but live in tiny apartments; appearances can be deceiving. Another factor to keep in mind is that the situation is (so I've been told) much worse in medium-sized and smaller towns and cities than in Tokyo. Even though the population of Japan as a whole is declining, the population of Tokyo is actually increasing, beacuse people from the countryside are flocking there for jobs.



posted on Oct, 9 2009 @ 05:36 PM
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The job market is extremely terrible right now. People who have high GPA's still can't find jobs upon graduating - it really irks me that the media hasn't said more about this. There are LOTS of people looking for jobs right now, and they can't find them.

I can't believe people are still content to sit back and watch everything fall apart - it's like most people don't even care...they'd rather watch the latest drama from Jon and Kate plus 8 or whatever...



posted on Oct, 9 2009 @ 06:19 PM
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reply to post by JediK
 


With your last sentance you hit the nail firmly on the head. As a society we have descended to Romanesque levels of apathy. We honestly do not care about the state of anything but our entertainment.



posted on Oct, 9 2009 @ 06:22 PM
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reply to post by JediK
 


You posted in the wrong forum, slappy. This forum "Global Meltdown" is for issues pertaining to the meltdown of the globe, not "hey! it's not going to happen because I am fed up with hearing about it!". Please move to Skunk Works.



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