I don't see how the economy is going bust.

I had an interview at International Plaza Mall today, and to my surprise, the place was jammed packed! I mean the economy can't be doing as poorly as we are being led to beleive. I think it's hype portrayed by big business to have reason not to offer employment, meanwhile they're shipping the jobs over seas except those that are propegating the lie to hire people for less and because we think we are lucky to have any job we'll take the crappy pay. I am serious even the trailer park crowd was there buying items! Apparently someone is misleading us.If it is true that the dollar is doing so poorly, then how do the trailer park kids I seen today have the money to buy things at a mall when you usually see them in Wal-Mart? I can't shop there, And my Hubby's been employed, however taking a pay cut, the entire time all this "Collapse" was supposedly happening, well it did happen, but I would think that any more talk of markets crashing is all BS!!!! It's just the greedy getting greedier!!!

Tell that to the people working for a few states (ex. PA, CA, IL) who haven't been paid in a few weeks.

About six months after interest rates begin to rise you will see it.

Originally posted by Xtinguish
Tell that to the people working for a few states (ex. PA, CA, IL) who haven't been paid in a few weeks.

About six months after interest rates begin to rise you will see it.

And they are blowing sm,oke up peoples A***** they have the money, they are keeping it for themselves propegating lies to cover it up, simply because they want their money. They are pulling a fast one, I feel it. They know what they are doing. They want to drive a bigger wedge between the haves and have nots, they want more poor americans, so they can control us!!!!

reply to post by ldyserenity


Yes they are sitting on money, wouldn't you? The FED has the interest still way to low. Why should they lend it?

Though once that interest rate begins upwards, because hey need to as T-Bills become less and less desired, then your going to see the consequences of all this. It's called hyper-inflation. Without lending it your going to cause, and are causing, deflation. Both do the same thing in the end.

The house has been prompt up on stilt's. It's a barrel on toothpicks. With the right force of wind...well it comes tumbling down.

Originally posted by Xtinguish
reply to post by ldyserenity

 

Yes they are sitting on money, wouldn't you? The FED has the interest still way to low. Why should they lend it?

Though once that interest rate begins upwards, because hey need to as T-Bills become less and less desired, then your going to see the consequences of all this. It's called hyper-inflation. Without lending it your going to cause, and are causing, deflation. Both do the same thing in the end.

The house has been prompt up on stilt's. It's a barrel on toothpicks. With the right force of wind...well it comes tumbling down.

Well they have No right to keep people's pay from them. I don't give a rat's patooty about loans. People should be paid their money, that's just dirty. There's even a law about it, it's called the emancipation proclomation! And the thirteenth amendment.

[edit on 3-8-2009 by ldyserenity]

reply to post by ldyserenity


Patooty?

Well no the states treasuries are broke. They raped that money just like they did the federal treasury.

Economic collapse is inevitable, and why shouldn't it be? We live on a debt based system. The more debt the more money exist. Think of it this way, if their were no more debt their would be no money. All money would be sitting in bank vaults from hence it came.

I agree we need the collapse, but if there are so many people spending willy-nilly I don't see how the hell it's going to. They stole it from the states, too? WOW. There's too much consumerism, IMO for any real trouble. That's what I was trying to point out. And it's all going to the wrong person/s!

Well there is 2 economies.

There is the Real Economy = People's labor / food/ goods /etc

This Real economy is constantly growing, as more goods are produced and enter the market and more workers enter the workforce.

And there is the Fake Economy = Paper notes / Derivatives / Loans etc

The fake economy is like a bubble, or a pyramid scheme, essentially. There are no "REAL" resources, just paper with ink on it. The fake economy is collapsing because the pyramid scheme has been revealed to be the Ponzi scheme that it is.


Basically the men in suits are all freaked out because their fake economy is collapsing around them, as investors and others realize they are being ripped off for worthless pieces of paper.

And those of us in the real economy, see only small amounts of change because most of our economic transactions are based in reality.

Example : Farmer grows food, sells food. You buy food, eat it.
Or dude makes chair, sells chair, you buy chair, use it, than sell it again in garage auction.
Thats a real economy.


Banker writes fancy letters on piece of paper, goes and buys a private jet.
Thats the fake economy.

And the fake economy is collapsing. The real economy is only affected by the collapse of the fake economy in as far as they got involved with it.

See all of this is basically nonsense to a farmer out in the middle of nowhere. Because his soil is still good, the sun still shines, and the clouds still bring rain. So the farmer will still have a crop tomorrow.

But the banker? He will reap what he sewed, which is Nothing.


[edit on 3-8-2009 by muzzleflash]

reply to post by muzzleflash


But are we not all tied together with money?

The farmer is payed in banker money.

The chair maker is paid in banker money.

reply to post by muzzleflash

The fake economy is like a bubble, or a pyramid scheme, essentially. There are no "REAL" resources, just paper with ink on it. The fake economy is collapsing because the pyramid scheme has been revealed to be the Ponzi scheme that it is.

Yes, the monetary system is essentially like a pyramid scheme. The problem is that when it all blows up completely, you and I will be left holding WORTHLESS dollars. Hyperinflation hasn't begun yet, but it is CERTAIN to happen, because the government has printed so much money, that when it all hits (much of it hasn't hit yet), your dollars will be like monopoly money. You'll need wheelbarrows of cash to go to the grocery store. The two "economies" as you refer to it, are joined at the hip. You cannot separate them.

Originally posted by Lemon.Fresh
reply to post by muzzleflash

 

But are we not all tied together with money?

The farmer is payed in banker money.

The chair maker is paid in banker money.

Thanks, that is it, in a nutshell...even our pay is based on Banker money, so would it not seem that we're being led to the slaughter? We are still grinding on, when we should be trying to cut back on consumerism. We are feeding the fakes, the banks right? How do these people not realize that they are helping to make a bad phony system even worse????

Further, I say we stop working go on strike march and do something so that the system will get fixed, or else everyone of us will pay the consequences!

[edit on 3-8-2009 by ldyserenity]

Originally posted by Lemon.Fresh
reply to post by muzzleflash

 

But are we not all tied together with money?

The farmer is payed in banker money.

The chair maker is paid in banker money.

That is where the resurgence of precious metals comes in. They are "Real" Currency. Because you can use these metals to make more chairs or plowshares basically.

Originally posted by ProfEmeritus
you and I will be left holding WORTHLESS dollars.

If you are afraid of having no chair to sit in when the music stops, buy one now while $$$ are still worth something.

Buy seeds, buy tools. Buy any resources you can. Anything real will give you buoyancy when the water levels begin to rise.

i just think that more people should be more self reliant, oh and who needs 6 large screen tv's, 3 different gaming systems, and forty pairs of Jimmy Chu shoes? Not only are they making us materilistic, they're actually dumbing us down, watch tv and play video games and never think for yourself, they are trying to cultivate a people who will bend to their control!! It's deplorable!!!!

Edit to add: It's making my children this way, too. And of course they want to listen to all those ads that say they need this or that, they don't listen to me who is trying to raise children with a mind of their own! I want my children to think beyond the bottom line, to be intelligent, not just money savvy, or an uninformed consumerist!

[edit on 3-8-2009 by ldyserenity]

TV and video games can be good, or bad. They are tools, and are neutral. It is how they are used, that creates it's polarity.

All "things" are neutral like this, and it is up to us as people to determine which way we will use it. And for what purposes.

Good people use these things towards positive ends, and bad people use them towards negative ends.

Do not get mad about the materialism, because it is only temporary. Like I always tell my family, be happy with what you have and you will not need more.

And be thankful that you still have food, because it is easy to envision a world where we are starving.

Although I do admit, the guy with 6 large screen TV's is selfish, because I do not even have 1!

If you think the economy is healthy you need to seriously take a look at the statistics about how many people with advanced degrees from great schools with great resumes are struggling to find jobs.

Because right, those numbers are completely and totally healthy.

Originally posted by muzzleflash
TV and video games can be good, or bad. They are tools, and are neutral. It is how they are used, that creates it's polarity.

All "things" are neutral like this, and it is up to us as people to determine which way we will use it. And for what purposes.

Good people use these things towards positive ends, and bad people use them towards negative ends.

Do not get mad about the materialism, because it is only temporary. Like I always tell my family, be happy with what you have and you will not need more.

And be thankful that you still have food, because it is easy to envision a world where we are starving.

Although I do admit, the guy with 6 large screen TV's is selfish, because I do not even have 1!

Yeah, and the big businesses are using it to ensnare our kids, ie bad ends, well maybe not the Wii cause they'e trying to make the kids more physically involved. I always tell them be greatful for what they have and all they can say is" everybody else has ________" fill in the blank. And maybe I was exaggerating but I do know of someone with 6 tv's although not all large screens, but I have cleaned homes like this (Most were projection screens). Then there are the other children who like to put down others who don't have, I would love to smack them upside the head myself, although I am sure their uncouth parents would not be too pleased with that. But I have been on both sides, I have been in luxury and have been in poverty, literally, and if my child ever tormented another or called someone else poor I would've whooped that Butt good for them!!!! It seems like even the kids are starting too young with keeping up with the Jones's, it's really horrific.

I'm in Northern Illinois and the Expressways are packed every day...people are still trying to make something happen in their lives. I guess they don't spend much time on ATS to know what is really going on. Those fools.

double post...

[edit on 3-8-2009 by ldyserenity]

Originally posted by ravenshadow13
If you think the economy is healthy you need to seriously take a look at the statistics about how many people with advanced degrees from great schools with great resumes are struggling to find jobs.

Because right, those numbers are completely and totally healthy.

Well, no the economy is bad, no denying that, but people are so stupid they're still feeding it, so it, if what the consumer is buying helps any, it will turn it around because the stupid idiots are feeding the fire. That's what I am trying to say. Somehow they are buying 100 dollar shoes yet they look like they just came out of the farm. So it must or may be credit cards they're using. So I feel that if what we buy is any indication of what's to come then well, there is no bust, or complete collapse ever going to happen.