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Originally posted by ProfEmeritus
One of the things I find rather puzzling about this thread is the fact that it has 19 flags at this point, but only 8 participants so far. This is a huge issue, regardless of whether you buy the argument or not. I guess this is emblematic of the general population, namely most people ignore the issue and hope it will go away, rather than be proactive concerning their future. Oh well, I guess I shouldn't be surprised. They can back to their "reality" and fantasy shows. The real world is a little too scary for many, I guess.
reply to post by RadicalRebel
In my opinion the collapse happened already, the house of cards is only being propped up by politicians and bankers trying to prolong the inevitable. Wether that is for the betterment of society or just purely for thier own gain is yet to be seen
members of Congress a single six-year term, with no re-election...
Originally posted by rangersdad
reply to post by RadicalRebel
The first thing that has to change is the Federal Minimum wage...it should be at the minimum $14/hr....this will spur spending and some saving by the people that dont have much, plus if they have to refi a home, it will be easier and towns wont look like ghost towns because people have had to vacate their most valued possession. The rich will still get richer, but they only get richer if the little guy has money to spend.
Originally posted by camaro68ss
I talked about this yesterday around the dinner table for easter. scared alot of family members that were blind, they now also think im crazy so there still blind.edit on 1-4-2013 by camaro68ss because: (no reason given)
With capitalism, a nation has to decide if it wants a progressively stable and prosperous economy, or if it wants wealth to indicate its value. It can't tread both paths.
The former leads to a generally longer stable economy enjoyed by the majority of the nation, but requires a fiscal rectitude of socialistic resonance (i.e., prudent management of the nations economic health), in which wealth returns uninterrupted back into the economy; whereas the latter generates wealth for a small percentage whom then lock that wealth away from the economy, and return nothing back to it, which then breeds a fiscal impoverishment in the larger percentage of the nation.
The capitalistic choice is therefore, either one of benign positive feedback, or one of malignant negative loss.
Originally posted by bdb818888
reply to post by incoserv
I've been reading threads like this for the past 5 years saying America is going to collapse, well how about giving a date, nobody seems to be able to give a date, IMO its all B.S. until someone can come up with a date, and the people who do come up with a date, it never happens.Someone please show me 100% proof that America is going to collapse and give me a date when.
Originally posted by KyleMeacham
Our Government is Greedy it's inevitable, a free nation without the value of money would be awesome.
This is when I hate being an American because it all comes down to money in the end.
Originally posted by EvillerBob
Originally posted by rangersdad
reply to post by RadicalRebel
The first thing that has to change is the Federal Minimum wage...it should be at the minimum $14/hr....this will spur spending and some saving by the people that dont have much, plus if they have to refi a home, it will be easier and towns wont look like ghost towns because people have had to vacate their most valued possession. The rich will still get richer, but they only get richer if the little guy has money to spend.
Unemployment, underemployment or prices - or more likely a combination of all three -would rise across the board.
You can't fix the problems caused by too much intervention artficially distorting the market... by intervening to further artficially distort the market.
Originally posted by bdb818888
reply to post by incoserv
I've been reading threads like this for the past 5 years saying America is going to collapse, well how about giving a date, nobody seems to be able to give a date, IMO its all B.S. until someone can come up with a date, and the people who do come up with a date, it never happens.Someone please show me 100% proof that America is going to collapse and give me a date when.
What about those 80 years of non-doom?