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Originally posted by branty
edit: my point with the mod is , he wants a discussion and to be flamed to promote discussion, all hes getting is a love in
Originally posted by seagull
I think people are coming to the conclusion (which should have been selfevident long ago) that relying upon others for your well being is a dangerous way to go. The recent unease over 401K's can be used as evidence of that.
Originally posted by branty
reply to post by seagull
The point I was making , er couple points. You see what you want to see , People have become quite nimble stepping over less fortunates lying on the streets, If you aren't near the front lines , single mothers, low paying jobs, immagrants looking for a better way, you prob at this time don't see any effects, (I dont know where you live , or your social status). Another point was , the author of this post being a mod didnt get the response he was looking for , I'm assuming it was a discussion, but judging by his well thought out reply to my post (below yours) , maybe he was just looking for a few "strokes" EDIT housing sales down 59% in my city are not numbers jumbled by the mass media
[edit on 3-3-2009 by branty]
This is what has been forcefully conditioned into the hive-mind by the mass-media and surprisingly many at this non-msm-site have bought into it too and are raving and ranting about the dire times we supposedly live in.
Source : OP
But are we really in a crisis or are we ... in a mass-awakening showing us that we have been in debt all along as a country, a world and on individual levels? Isnt it a great thing to finally confront the truth about our situation? Claiming that this is something new or unforseen is a lie, imo.
Source : OP
Is our current situation a cause to keep our heads low and cower in fear or is it an opportunity to keep our heads high, see through the illusion of gaining any kind of "security" from others and become more free?
Source : OP
There is only one security, and when you've lost that security, you've lost everything you've got. And that is the security of confidence in yourself; to be, to create, to make any position you want to make for yourself. And when you lose that confidence, you've lost the only security you can have. ... Self-confidence is self-determinism. One's belief in one's ability to determine his own course. As long as one has that, he's got the universe in his pocket. And when he hasn't got that, not all the pearls in China nor all the grain and corn in Iowa can give him security, because that's the only security there is.
Source : ThinkExist - L. Ron Hubbard Quotes
UPDATE 2-Recession will be worst since 1930s -Greenspan
NEW YORK, Feb 17 (Reuters) - Former U.S. Federal Reserve Chairman Alan Greenspan said on Tuesday the current global recession will "surely be the longest and deepest" since the 1930s and more government rescue funds are needed to stabilize the U.S. financial system.
Source : Reuters
The Rising Risks of a Global L-Shaped Near Depression and Stag-Deflation
Mar 2, 2009
I just arrived to Hong Kong and I will next visit India later this week. When the first thing you hear - from your driver upon arrival to the airport in Hong Kong - is that business and occupancy in hotels is down more than 30% you already know this is a very ugly recession in the entire Asian region as Hong Kong is an economic barometer for trade and economic activity all over Asia.
For those who argue that the second derivative of economic activity is turning positive (i.e. economies are contracting but a slower rate than in Q4 of 2008) the latest data don’t confirm this relative optimism. In Q4 of 2008 GDP fell by about 6% in the US, 6% in the Eurozone, by 8% in Germany, by 12% in Japan, by 16% in Singapore and by 20% in South Korea. So things are even more awful in Europe and Asia than the US.
So let us discuss next why there is a rising risk of a global L-shaped depression that would be even worse than the current ugly and painful U-shaped global recession:
Source : RGE Monitor