The funny thing about economics is that it's all made up. Think about it. Society progressed from cave men, to stone masons to urban dwellers that could make rockets to put men on the moon. All because we said a shiny rock and then a piece of paper had value. It's a funny thing economics. Funnier still is that what will send the world off a cliff and help nobody will be stock markets and treasury bonds crashing, both of which signify nothing material but are purely speculative.
Imagine an alien civilization looking at us from above. Seeing that we are ruining ourselves by placing blind trust in a system that is entirely smoke and mirrors designed to hand out incentives.
Is the World Economy Heading Into a 'Perfect Storm'?
Heisenberg
2012/07/09 21:00:00
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“(The) 2013 perfect storm scenario I wrote on months ago is unfolding,” Roubini said on Twitter on Monday.
CNBC.COM reports:
CNBC.COM reports:
"Dr. Doom" Nouriel Roubini says the "perfect storm" scenario he forecast for the global economy earlier this year is unfolding right now as growth slows in the U.S., Europe as well as China.
Read More: http://www.cnbc.com/id/48116835
Top Opinion
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George Romney 2012/07/09 23:57:16
well if the govt. is left un changed that is ...the current factions want that in the next 3 yrs !
and have the odacity to expect GOD ( the all mighty ) to accept the revelation's on their terms ..
they forget who gave life to who !
Once we understand how the energy grid changes properties to create reality, we can explore higher dimensions...which is where the astral dimension (purgatory) probably exists. Since there are 11 dimensions, we have 8 more dimensions, which are beyond regular space time, to explore. Your Heaven is located in there somewhere.
He adds mass where he feels like it, and looks over matter. Your day to day happenings are basically left up to free will...so you are on your own kiddo!
in god ( a science ) of a power who give & takes life in all things ,,or just an energy ..
we all have a energy source in all us ( chemical reactions & biological functions ) or a power source to keep us alive ..it's all in the personal beliefs & faith ,,in a higher power or ???
This is why so-called “Conservatives” in America have been so appalled by Obama and the Congress spending like there’s no tomorrow. Obama’s continued irresponsible spending and failure to address America’s energy dependence head on by authorizing oil exploration and drilling, as well as encouraging and permitting the EPA to place unconscionable restrictions on coal plants, are actually parts of a radical leftist scheme to bring about the economic catastrophe while Obama still has his radical leftist’s mitts on the government controls.
We have never been in such a terrible position and we have never had a worse government in control, totally adverse to the limitations of the Constitution. Let us pray and hope that we make it to a Romney presidency before the worst of it hits. It’s coming; the only question is when.
Just more proof you have no idea what you are talking about.
Just more proof you have no idea what you are talking about when you blame Bush for our current problems.
Bush added that much in just 8 months of his presidency!! At the height of the two wars he launched, we were spending over $120 billion per year just in Iraq/Afghanistan! When Dumbya walked into office in 2001, we were running a $154 billion SURPLUS (Thanks, Bill!)...when he walked out in 2009, we were four months into the nation's first trillion dollar annual deficit! Analysis of current spending finds about 40% of it is fixed spending we really have little control over; another 35% of it is entirely due to costs created by Dumbya and still running. And in fact, the lost revenue due to Dumbya and the GOP creating the Great Recession in 2007 is a major factor in our current annual deficit.
Do you now understand?
There are countries in the world that are doing fine.
Back when the Great Depression hit, it was far worse than it is now, yet nobody expected it and people probably thought the same thing.
That is when the dollar started on it's downward value spin to the point that a dollar today is only worth about .125 cent in 1950's money. The economy could handle it when there were only a few socialist states in the world, but once we joined in the mix the system lost it's stability.
Now, rather than families where you have a marriage with both biological parents, you have "babies daddies" and "babies mamas"