Getbig.com: American Bodybuilding, Fitness and Figure

Getbig Main Boards => Gossip & Opinions => Topic started by: tallgerman on September 13, 2010, 09:10:27 PM

Title: Anyone worried about the economy?
Post by: tallgerman on September 13, 2010, 09:10:27 PM
Just wondering. 
Title: Re: Anyone worried about the economy?
Post by: benchmstr on September 13, 2010, 09:11:55 PM
i dont give a shit.....its kind of like the end of the world question...i wont be the only one in that boat when it sinks..

bench
Title: Re: Anyone worried about the economy?
Post by: Disgusted on September 13, 2010, 09:15:03 PM
no
Title: Re: Anyone worried about the economy?
Post by: benchmstr on September 13, 2010, 09:16:49 PM
i also dont worry about anything that i can do NOTHING about.....

bench
Title: Re: Anyone worried about the economy?
Post by: jwb on September 13, 2010, 09:18:40 PM
Have household goods been getting more expensive in the united states recently?

I haven't visited there for a few years.
Title: Re: Anyone worried about the economy?
Post by: benchmstr on September 13, 2010, 09:21:43 PM
Have household goods been getting more expensive in the united states recently?

I haven't visited there for a few years.
not where i am at...

bench
Title: Re: Anyone worried about the economy?
Post by: benchmstr on September 13, 2010, 09:23:02 PM
Have household goods been getting more expensive in the united states recently?

I haven't visited there for a few years.
hell, i only know of 1 place that has raised there seafood prices since the oil spill....and i live on the gulf...

bench
Title: Re: Anyone worried about the economy?
Post by: Jizzacked on September 13, 2010, 09:25:41 PM
i also dont worry about anything that i can do NOTHING about.....

bench

also, why would you worry anyways... law enforcement = job security.  you got nothing to sweat friend.

bros like myself... to say it has been a shitstorm would be an understatement.  white collar advertisement sector has been brutalized by the current economic conditions, and the whole situation has made my life a lot more difficult.  more work, for less pay.  and the shit thing is, there is really no end in sight.  this is just how it is going to be for the foreseeable future.  

bench did have a point though, there is absolutely nothing that can be done other than weather the storm.  I just regret not preparing in the first place for such an unforeseen disaster.  
Title: Re: Anyone worried about the economy?
Post by: Coach is Back! on September 13, 2010, 09:32:06 PM
If anyone is in business for themselves they should worry.
Title: Re: Anyone worried about the economy?
Post by: benchmstr on September 13, 2010, 09:34:58 PM
also, why would you worry anyways... law enforcement = job security.  you got nothing to sweat friend.

bros like myself... to say it has been a shitstorm would be an understatement.  white collar advertisement sector has been brutalized by the current economic conditions, and the whole situation has made my life a lot more difficult.  more work, for less pay.  and the shit thing is, there is really no end in sight.  this is just how it is going to be for the foreseeable future.  

bench did have a point though, there is absolutely nothing that can be done other than weather the storm.  I just regret not preparing in the first place for such an unforeseen disaster.  
the thing about law enforcement is if they have budget cuts....they just go into a hiring freeze....they dont let people go...i just do LE because i want too..its secondary income..

i havent even seen a drop off in my main  source of income.....my mom owns 4 or 5 business's and they are all doing great.....basically if you were doing good before this...you will be alright....if you were already struggling...your going to struggle a little more..

bench
Title: Re: Anyone worried about the economy?
Post by: Jizzacked on September 13, 2010, 09:54:01 PM
the thing about law enforcement is if they have budget cuts....they just go into a hiring freeze....they dont let people go...i just do LE because i want too..its secondary income..

i havent even seen a drop off in my main  source of income.....my mom owns 4 or 5 business's and they are all doing great.....basically if you were doing good before this...you will be alright....if you were already struggling...your going to struggle a little more..

bench

I wish it were the simple, but there are so many dynamics to take into account depending on your industry.  that is great that your family's businesses are doing well in these tough times, but while certain industries thrive, others suffer.

for example my industry. the best way  I could sum things up would be say think 'mad men' (the tv show) meets the modern age and the internet.  you move people to these companies via advertisement and ingenuity.  however, now that these companies are so budget conscious.. they operate with a budget a fraction of their former size.  they may even get so desperate as to when you have done all the work for them.. they charge back those funds just to keep their ship afloat, and leave you in the end with less than nothing (no money and loss of all hours and resources that were invested).   you can't sue, because the cost of drawn out litigation would basically negate any sort of real monetary gain in the end.  

a few years ago, this scenario would have been a true anomaly.  these days it seems to be becoming a common tale.  this is just one example from my personal experience, but I am sure there are many from other industries that would reiterate the basic sentiment.  times are tough these days, and it is probably only going to get more difficult for a lot of people.  consider yourself fortunate that you don't find yourself in a situation like this, because believe me... regardless of past success it can happen to anybody.
Title: Re: Anyone worried about the economy?
Post by: jwb on September 13, 2010, 10:05:04 PM
People in Australia are still living it up like it's 2005 in Florida the fools.

$600,000 median house price in Sydney. Everyone thinking "it's different here."

Will end in tears.



Title: Re: Anyone worried about the economy?
Post by: Sir Bigness on September 13, 2010, 10:10:37 PM
If you live in USA, I`d be worried!! USA is crumbling from within!! And for some reason, US citezens don`t see it!! It`s sad!!
Title: Re: Anyone worried about the economy?
Post by: dyslexic on September 13, 2010, 10:19:01 PM
Why worry about anything?


Will all the worry in the world change anything?


Personally, I think the economy will only get better from here on out. There are some significant changes coming into effect involving the trucking industry.


For those of you (most?) who don't know much about the trucking industry, I can tell you this: Everything (I mean EVERYTHING) that you possess was at one point, somewhere, sometime, on a truck. The changes that are coming will have positive repercussions on the economy as a whole. (HOLE?) -- If you don't believe me, ask yourselves why Arnold has suddenly become so interested in fines involving truckers and trucking companies... and PLEASE don't say "safety"


We shall see.
Title: Re: Anyone worried about the economy?
Post by: Thin Lizzy on September 13, 2010, 10:52:35 PM

Personally, I think the economy will only get better from here on out. There are some significant changes coming into effect involving the trucking industry.


There's still another leg to this. The Fed has replaced a housing bubble with a t-bill bubble, when interest rates eventually rise, the dollar is gonna take a serious hit.

IMO, this is the greatest homemade youtube of all time. Peter Schiff is a modern day Gallileo. If some of the people he owned on this compilation had any self respect they'd commit Hari Kiri.

Title: Re: Anyone worried about the economy?
Post by: tallgerman on September 13, 2010, 10:54:52 PM
There's still another leg to this. The Fed has replaced a housing bubble with a t-bill bubble, when interest rates eventually rise, the dollar is gonna take a serious hit.

IMO, this is the greatest homemade youtube of all time. Peter Schiff is a modern day Gallileo. If some of the people he owned on this compilation had any self respect they'd commit Hari Kiri.



Peter Schiff is awesome as hell.  Jim Rogers him and Milton Friedman.
Title: Re: Anyone worried about the economy?
Post by: blackpele on September 13, 2010, 11:18:20 PM
Amazing guy, good video.
Title: Re: Anyone worried about the economy?
Post by: gh15 on September 13, 2010, 11:57:51 PM
worried?,,worry time was in 2000-2007,,now its ppay time,,americana is changing and going into the sunset,,it will be diff country in 10 years,,very diff,,only reason to livein americana now days is if you marry americana and love her ,, or if want to make money since everything is falling apart,,so if you got money and bring it to amaricana now dyas it means immediate green card and citizenship to follow,,infact they beg you nwo days if you got $$

quite sad what a bunch of whores and a president named clinton did to your country,,bush took it to new level ,,and obama finally finished you for good,,its not somethign you can see as americanos as of yet,,it wil take you time since you are not your granpa generation of worriors,,you are now days lazy,,slow ,,used to everything being evoloved around you ,,but the reality is that everything is going away ,,

the main thing to blame is a girl by the name of britney spears and the such that include all the whores with no talent that ruined your yooth because everythign start with the youth,,a president by the name of william clinton and george bush,, and a wanna be president by the name of obama which completetly raised to power by the power of nothingess,,

the reason you can not see it yet is because if you take a look at your women in americana you will see that they dont care about anything but their nails getting done,,about the wether for the next day ,,and about what time mall close,,they do not care about anything but their local 10 by 10 town,,and surrounding 50 miles,,


you stil cant see it my friends,,but its coming,,

sad but no where to run
any recovery is only in the magzine and tv,,there is no recovery and no better it is going into depression and will stay this way for quite few years to come after that it will be new americana most likly more liberterian americana,,time wil tell
gh15 approved
Title: Re: Anyone worried about the economy?
Post by: Purge_WTF on September 13, 2010, 11:58:44 PM
  I am. I really love this country, and one of my biggest fears is losing the abundance and liberty that God has blessed us with.

  It also pisses me off that the economic troubles we're in the midst of were created by wealthy bankers, and that our stupid government bailed them out with no questions asked so they can do it all over again--and they will do it all over again eventually.
Title: Re: Anyone worried about the economy?
Post by: Matt C on September 14, 2010, 01:05:04 AM
If you live in USA, I`d be worried!! USA is crumbling from within!! And for some reason, US citezens don`t see it!! It`s sad!!

Wow!  I was about to say that American capitalism is being destroyed from within, so it's interesting that you brought that up.  Competition is necessary for an economy to be successful.  Centralized power has no incentive to produce.

Peter Schiff is awesome as hell.  Jim Rogers him and Milton Friedman.

I totally agree there.

Personally I would like to see Nasser El Sonbaty as president of the USA.  You have to admit, he would be better than any of the current choices.  Nasser also said in his first training video that he reads newspapers and in general, makes an effort to be politically aware.  This is quite unlike George Bush, and whether he reads newspapers or not, Obama is not any better [and I would say worse].
Title: Re: Anyone worried about the economy?
Post by: hazbin on September 14, 2010, 01:08:18 AM
buy silver
Title: Re: Anyone worried about the economy?
Post by: Matt C on September 14, 2010, 01:14:18 AM
 I am. I really love this country, and one of my biggest fears is losing the abundance and liberty that God capitalism has blessed us with.

Fixed.  ;D
Title: Re: Anyone worried about the economy?
Post by: Tapeworm on September 14, 2010, 04:16:23 AM
People in Australia are still living it up like it's 2005 in Florida the fools.

$600,000 median house price in Sydney. Everyone thinking "it's different here."

Will end in tears.





I'm hoping WA will keep booming.  Still a renter tho.
Title: Re: Anyone worried about the economy?
Post by: webcake on September 14, 2010, 04:19:02 AM
I'm hoping WA will keep booming.  Still a renter tho.

You pay your rent on time motherfucker?!  >:(
Title: Re: Anyone worried about the economy?
Post by: Tapeworm on September 14, 2010, 04:26:51 AM
You pay your rent on time motherfucker?!  >:(

$320 a week ain't no thang to me, g.

Hell, I even improved the garden beds, recorniced the garage, and repainted the front door.  My rental agent should send me beer and his daughters.
Title: Re: Anyone worried about the economy?
Post by: webcake on September 14, 2010, 04:29:53 AM
$320 a week ain't no thang to me, g.

Hell, I even improved the garden beds, recorniced the garage, and repainted the front door.  My rental agent should send me beer and his daughters.

Just as well buddy........i don't want to have to start calling you for the dough.

Not that i know Perth particularly well, but what part are you in? In the city, so to speak or out in the burbs?
Title: Re: Anyone worried about the economy?
Post by: WillGrant on September 14, 2010, 04:32:12 AM
Just as well buddy........i don't want to have to start calling you for the dough.

Not that i know Perth particularly well, but what part are you in? In the city, so to speak or out in the burbs?
My friend had a bar in perth , lots of smelly abo's there to he said.  :-\
Title: Re: Anyone worried about the economy?
Post by: webcake on September 14, 2010, 04:35:58 AM
My friend had a bar in perth , lots of smelly abo's there to he said.  :-\

Perth probably has more abo's than say Sydney or Melbourne. Thankfully there are none where i live. Perth is nice though. I've actually been there quite a few times but never really go to the city all that much. mainly stick to the south west outskirts of perth.
Title: Re: Anyone worried about the economy?
Post by: Tapeworm on September 14, 2010, 04:39:55 AM
Southern 'burbs.  The money's right for a corner block 4x2, brand new with me as it's first resident.  About 45 minutes from the city but I hardly ever go into town.

Seems like there's a big rivalry between north & south of the river, with each thinking the other area is full of bogans.  Someday I'll bring peace and tell them that they are both correct.
Title: Re: Anyone worried about the economy?
Post by: webcake on September 14, 2010, 04:45:46 AM
Southern 'burbs.  The money's right for a corner block 4x2, brand new with me as it's first resident.  About 45 minutes from the city but I hardly ever go into town.

Seems like there's a big rivalry between north & south of the river, with each thinking the other area is full of bogans.  Someday I'll bring peace and tell them that they are both correct.

 ;D

Well you just keep saving your pennies and then someday you will be able to join us in the 21st century here in the beautiful eastern states.
Title: Re: Anyone worried about the economy?
Post by: Tapeworm on September 14, 2010, 04:50:58 AM
;D

Well you just keep saving your pennies and then someday you will be able to join us in the 21st century here in the beautiful eastern states.

Yes, after I go postal that is a possible escape route.
Title: Re: Anyone worried about the economy?
Post by: webcake on September 14, 2010, 04:57:12 AM
Yes, after I go postal that is a possible escape route.

Probably a bit more exxy than perth though. Still, a small price to pay to be out of perth....
Title: Re: Anyone worried about the economy?
Post by: Tapeworm on September 14, 2010, 05:02:26 AM
Probably a bit more exxy than perth though. Still, a small price to pay to be out of perth....

Might stop by Adelaide, slap Ben Folds, and have a beer with David Thorne.

http://www.27bslash6.com/missy.html
Title: Re: Anyone worried about the economy?
Post by: webcake on September 14, 2010, 05:24:36 AM
Might stop by Adelaide, slap Ben Folds, and have a beer with David Thorne.

http://www.27bslash6.com/missy.html

lmao...........David is the man.  ;D
Title: Re: Anyone worried about the economy?
Post by: lm on September 14, 2010, 05:25:26 AM
When interests rates go up, the dollar goes up unless interest rates of other currencies rise faster. see carry trade

God didn't bless the US. God is destroying it. The word "God" is not mentioned in the constitution for a reason.
Title: Re: Anyone worried about the economy?
Post by: marcie999 on September 14, 2010, 05:33:59 AM


David Thorne for President.


He can fix anything.

 ;D
Title: Re: Anyone worried about the economy?
Post by: leadhead on September 14, 2010, 05:53:58 AM
I'm not worried about anything out of my control.

I lost some money in the stock market this year so far but also made alot last year in the market, so it's all checks and balances. I live a conservative lifestyle (like my father has always taught me) so in times of need I will still have plenty of money as I've always saved. It's the people that bought everything on credit and purchased mcmansions that really can't afford them that should be worried....   
Title: Re: Anyone worried about the economy?
Post by: CalvinH on September 14, 2010, 07:46:13 AM
As long as vodka is priced reasonably I'll be ok 8)
Title: Re: Anyone worried about the economy?
Post by: The Showstoppa on September 14, 2010, 08:00:28 AM
As long as vodka is priced reasonably I'll be ok 8)

haha, I was thinking the same thing in regards to beer.... ;D   Sierra Nevada is $11.99 a 12-pack at Total Wine......so I will survive.
Title: Re: Anyone worried about the economy?
Post by: HTexan on September 14, 2010, 08:11:05 AM
Honestly only worried about some of the preposed changes to the health care sector. 
Title: Re: Anyone worried about the economy?
Post by: funk51 on September 14, 2010, 10:39:36 AM
Just wondering. 
i ain't worried all will be well when the chinese assume full control. selling usa by the yen.
Title: Re: Anyone worried about the economy?
Post by: Top Dog on September 14, 2010, 10:51:22 AM
There's still another leg to this. The Fed has replaced a housing bubble with a t-bill bubble, when interest rates eventually rise, the dollar is gonna take a serious hit.

IMO, this is the greatest homemade youtube of all time. Peter Schiff is a modern day Gallileo. If some of the people he owned on this compilation had any self respect they'd commit Hari Kiri.


There's always someone yelling the sky is falling and there is always someone on the opposite end. Peter Schiff happened to be that guy. He also said the market would go to 1200 by the end of 2009. It's like saying the person who won the lottery knew those particular numbers were coming up so hey, what do u like in next weeks lottery? In 1987 Robert Prechter predicted the crash of that year so everyone thought he was brilliant. Problem was he was dead wrong the following two years. You never heard his name again. Schiff, so far, has been dead wrong since the end of 2008. Trust me, I have these guys on in my office eight hours a day, they are professional opinion givers who are wrong alot. If you listened to Schiff after the end of 2008, you recovered nothing. And you should have recovered alot.
Title: Re: Anyone worried about the economy?
Post by: nder98 on September 14, 2010, 10:56:17 AM
Yes, it sux..
Title: Re: Anyone worried about the economy?
Post by: French on September 14, 2010, 11:24:22 AM
Are there someone from Getbig who made fortune exclusively through stock market  ?

Who was smart, acted fast and got rich ?

Title: Re: Anyone worried about the economy?
Post by: MuscleMcMannus on September 14, 2010, 11:29:37 AM
America i.e. the top 5% of the population who control a majority of the wealth are reaping record profits.  The middle class is disappearing.  Those lucky enough will dissolve upwards and the majority will be relegated to the working and poorer classes of society.  America has been a banana republic for the past few decades and will become a third world country for most people in the next few generations.  It's all planned though.  A one world government and a global one world economy ruled by corporations.  Even George Orwell would be shocked to see how far along 1984 has come. 
Title: Re: Anyone worried about the economy?
Post by: Top Dog on September 14, 2010, 11:52:49 AM
America i.e. the top 5% of the population who control a majority of the wealth are reaping record profits.  The middle class is disappearing.  Those lucky enough will dissolve upwards and the majority will be relegated to the working and poorer classes of society.  America has been a banana republic for the past few decades and will become a third world country for most people in the next few generations.  It's all planned though.  A one world government and a global one world economy ruled by corporations.  Even George Orwell would be shocked to see how far along 1984 has come. 
As far as personal wealth, more people have pensions, 401k's, and investments than ever before. During recessions, if you can hold a job and don't have to delve into your holding, you will come out ok. The worst part of the equation is those who lose their job. It's happened  recession after recession and every one is accompanied by conspiracy theories that aren't even worth responding to. I heard these same theories in the early 90's and we'll hear it again in the next recession. Trick is to prepare for bad days when the good days are here.
Title: Re: Anyone worried about the economy?
Post by: youandme on September 14, 2010, 12:07:45 PM
worried?,,worry time was in 2000-2007,,now its ppay time,,americana is changing and going into the sunset,,it will be diff country in 10 years,,very diff,,only reason to livein americana now days is if you marry americana and love her ,, or if want to make money since everything is falling apart,,so if you got money and bring it to amaricana now dyas it means immediate green card and citizenship to follow,,infact they beg you nwo days if you got $$

quite sad what a bunch of whores and a president named clinton did to your country,,bush took it to new level ,,and obama finally finished you for good,,its not somethign you can see as americanos as of yet,,it wil take you time since you are not your granpa generation of worriors,,you are now days lazy,,slow ,,used to everything being evoloved around you ,,but the reality is that everything is going away ,,

the main thing to blame is a girl by the name of britney spears and the such that include all the whores with no talent that ruined your yooth because everythign start with the youth,,a president by the name of william clinton and george bush,, and a wanna be president by the name of obama which completetly raised to power by the power of nothingess,,

the reason you can not see it yet is because if you take a look at your women in americana you will see that they dont care about anything but their nails getting done,,about the wether for the next day ,,and about what time mall close,,they do not care about anything but their local 10 by 10 town,,and surrounding 50 miles,,


you stil cant see it my friends,,but its coming,,

sad but no where to run
any recovery is only in the magzine and tv,,there is no recovery and no better it is going into depression and will stay this way for quite few years to come after that it will be new americana most likly more liberterian americana,,time wil tell
gh15 approved

Everyone word is true here.
Title: Re: Anyone worried about the economy?
Post by: MuscleMcMannus on September 14, 2010, 12:54:57 PM
As far as personal wealth, more people have pensions, 401k's, and investments than ever before. During recessions, if you can hold a job and don't have to delve into your holding, you will come out ok. The worst part of the equation is those who lose their job. It's happened  recession after recession and every one is accompanied by conspiracy theories that aren't even worth responding to. I heard these same theories in the early 90's and we'll hear it again in the next recession. Trick is to prepare for bad days when the good days are here.

 ::)  More people have pensions?  Are you delusional?  Less and less people have pensions.  More and more people have 401ks and a 401k in today's dollar is nothing compared to those of our grandparents' generation who got to retire at 55 with full pensions.  The stock market has lost trillions of dollars in the past 2 years.  The US dollar has lost 70% of its value over the past 30-40 years.  But yeah everything is fine and the  "market" will come to the rescue!   ::)
Title: Re: Anyone worried about the economy?
Post by: MuscleMcMannus on September 14, 2010, 12:58:05 PM
Did you know that your grandparents were making just as much money as you in the 70’s? It may not seem like it but apparently it is true. A new study reveals that wage growth for the average U.S. citizen has been stagnant since 1970. We work more hours and for less money than our parents and grandparents did. How is this so when previous generations never made $30,000 or $40,000 dollars per year?


The United States economy may have grown during the 70’s, 80’s, 90’s, and 2000’s but the salaries of the middle class have not.  The reason for this is inflation. Factor in inflation and wages have not grown in 40 years. The price of goods and services has been outpacing wage growth. Homes, automobiles, electronics, and food all represent a larger percentage of personal income today.  A dollar today does not buy as much as it did in the 60’s.

Take a look at these statistics:

1970’s

- The average salary was $7,564.

- A quart of milk was 33 cents.

- A loaf of bread was 25 cents.

- A dozen eggs were 60 cents.

- A pound of ground beef was 80 cents.

 2009

- The median wage was $32,390*.

- A quart of milk was $1.49.

- A loaf of bread was $2.00.

- A dozen eggs were $1.99.

- A pound of ground beef was $3.99.

Costs can vary for items depending upon your location and the food product. For example, premium breads can run $4 to $5 dollars. Eggs can get as high as $3.99 and leaner cuts of beef can run $5 to $6 per pound.

The point of this illustration is to demonstrate that wages have not risen at all when you look at their buying power. Individuals are making more money today than a generation ago but they are actually getting less for their dollars. As you can see, middle class Americans have struggled just to keep pace with inflation. The wealth that was gained over the past 40 years has trickled upward and not down to the average worker.

*The U.S. median wage was $32,390 per year, according to the most recent data from the Occupational Employment Statistics
Title: Re: Anyone worried about the economy?
Post by: funk51 on September 14, 2010, 02:22:07 PM
Did you know that your grandparents were making just as much money as you in the 70’s? It may not seem like it but apparently it is true. A new study reveals that wage growth for the average U.S. citizen has been stagnant since 1970. We work more hours and for less money than our parents and grandparents did. How is this so when previous generations never made $30,000 or $40,000 dollars per year?


The United States economy may have grown during the 70’s, 80’s, 90’s, and 2000’s but the salaries of the middle class have not.  The reason for this is inflation. Factor in inflation and wages have not grown in 40 years. The price of goods and services has been outpacing wage growth. Homes, automobiles, electronics, and food all represent a larger percentage of personal income today.  A dollar today does not buy as much as it did in the 60’s.

Take a look at these statistics:

1970’s

- The average salary was $7,564.

- A quart of milk was 33 cents.

- A loaf of bread was 25 cents.

- A dozen eggs were 60 cents.

- A pound of ground beef was 80 cents.

 2009

- The median wage was $32,390*.

- A quart of milk was $1.49.

- A loaf of bread was $2.00.

- A dozen eggs were $1.99.

- A pound of ground beef was $3.99.

Costs can vary for items depending upon your location and the food product. For example, premium breads can run $4 to $5 dollars. Eggs can get as high as $3.99 and leaner cuts of beef can run $5 to $6 per pound.

The point of this illustration is to demonstrate that wages have not risen at all when you look at their buying power. Individuals are making more money today than a generation ago but they are actually getting less for their dollars. As you can see, middle class Americans have struggled just to keep pace with inflation. The wealth that was gained over the past 40 years has trickled upward and not down to the average worker.

*The U.S. median wage was $32,390 per year, according to the most recent data from the Occupational Employment Statistics

WELL NO SHIT EINSTEIN, actually you pretty much nailed it with the examples you gave, good job.
Title: Re: Anyone worried about the economy?
Post by: Lundgren on September 14, 2010, 04:46:08 PM
WELL NO SHIT EINSTEIN, actually you pretty much nailed it with the examples you gave, good job.
The problem is the rise of china. And population growth, and finite resources. Food willl increase regardless of USA's economy, but that's the thing were finally realizing there are limits to growth.

I don't think the American economy is fucked, but expect hard and difficult choices to come. It won't be the end of the  world. But lets just say expect to live with family in the coming years. As either family members loose pensions, or as cost of living becomes much higher.

China is rising a Billion people, which means they can out do everything we can do for cheap. It's supply and demand, short supply of well managed labor and wages are high, too many people and wages drop. The problem is if american wages drop they can't afford there homes, cars, or secondary goods. On the positive you your economy can't collaspe china is too reliant on you buying their goods at the moment.
Title: Re: Anyone worried about the economy?
Post by: Alexander D on September 14, 2010, 06:05:15 PM
I just farted.
Title: Re: Anyone worried about the economy?
Post by: MuscleMcMannus on September 14, 2010, 08:54:15 PM
The world population could double and there would still be plenty of resources to go around.  It's all about using them efficiently.  The fact that the world economy still runs on oil is laughable.  For example, the world should be using A LOT more nuclear technology for energy.  We should quit building so many shopping malls and parking lots and grow more forests and raise more livestock, and grow more crops.  We should all be living in high rises and building up or into the ground instead of outward using up land.  Things like that are what is going to allow us as a planet to become more efficient and deal with population growth.  Short of eugenics or major wars you can't really tell people to stop breeding.
Title: Re: Anyone worried about the economy?
Post by: Rami on September 14, 2010, 09:08:41 PM
yes
Title: Re: Anyone worried about the economy?
Post by: Lundgren on September 15, 2010, 07:44:09 AM
The world population could double and there would still be plenty of resources to go around.  It's all about using them efficiently.  The fact that the world economy still runs on oil is laughable.  For example, the world should be using A LOT more nuclear technology for energy.  We should quit building so many shopping malls and parking lots and grow more forests and raise more livestock, and grow more crops.  We should all be living in high rises and building up or into the ground instead of outward using up land.  Things like that are what is going to allow us as a planet to become more efficient and deal with population growth.  Short of eugenics or major wars you can't really tell people to stop breeding.
Lol why double it, and get half as much, it's called condoms. You can tell people not to breed china prevented 400 mil births that would of went straight into poverty. Thats nearly the population of north America FYI. Of course there's too much money to be made in arms dealing, cell phones, and Aid scams for anything to ever be done.
Title: Re: Anyone worried about the economy?
Post by: MuscleMcMannus on September 15, 2010, 09:37:53 AM
Lol why double it, and get half as much, it's called condoms. You can tell people not to breed china prevented 400 mil births that would of went straight into poverty. Thats nearly the population of north America FYI. Of course there's too much money to be made in arms dealing, cell phones, and Aid scams for anything to ever be done.

Well I for one would like to have a family.  2-3 kids.  What right do I have to tell other responsible human beings that they cannot procreate.  Now some illegal coming to American and having their anchor babies is a completely different argument. 
Title: Re: Anyone worried about the economy?
Post by: Lundgren on September 15, 2010, 09:48:32 AM
Well I for one would like to have a family.  2-3 kids.  What right do I have to tell other responsible human beings that they cannot procreate.  Now some illegal coming to American and having their anchor babies is a completely different argument. 
Well long as you can pay for it fine by me. The majority of the people being born today, have poor ass parents with no ability to care for them.
Title: Re: Anyone worried about the economy?
Post by: funk51 on September 15, 2010, 09:57:23 AM
I just farted.
you must be  very proud of yourself.
Title: Re: Anyone worried about the economy?
Post by: stuntmovie on September 15, 2010, 11:28:16 AM
I’m not an economist but You GetBiggers have made some interesting comments here.

Lundgren mentions “family members living together” for a longer period thatn we’ve been accustomed to in the past.

That has been the custom for many years in Hawaii due to the cost of housing and the Asian practice of forming huis in which all family members work and contribute their income in into a financial pool for the benefit of other family members.

Three to four family generations live together in one abode.

Here in Las Vegas we all see the economic downturn on a daily basis. I’ve been in casinos that were just about empty and see thousands of vacant homes that are still owned by the banks because no one is buying them and/or the developer went bankrupt.

I’m somewhat pessimistic when it comes to an economic turnaround but I don’t think we’ll ever see Las Vegas returning to its glory days. At least not within the next 20 years or so.

And regarding McMannus’ comment about “plenty of resources” – I don’t agree with that for one major example which could have an adverse affect on the entire SW region of the US..

Right now the water level at Lake Mead is roughly 100 feet lower than it was just 10 to 11 years ago. It has gotten so low that the boat harbors had to pack up and move to deeper waters.

The Lake supplies Arizona, Nevada, California and northern Mexico and is receding to a level not seen since it was first being filled in the 1930s, stoking fears about water supplies.

Some experts claim that Lake Mead has a 50 percent chance of running dry by 2021.

But none of the hotels ask their guests to take Navy showers and they still serve large glasses of water even it you don’t ask for it.

Just some insights from someone who is not up to date on the economic indicators but can visualize some economic realities within my area of observation.

We’re not doomed but we seem to be heading in that direction.

And the guy who just farted ...... That about sums it up because that's just about how much concern for the future most of us do have.
Title: Re: Anyone worried about the economy?
Post by: MuscleMcMannus on September 15, 2010, 12:54:14 PM
stuntmovie I agree with you.  Water is a huge issue.......but we are in the infancy of desalination technology especially in the USA.  Once that technology gets cheaper and more efficient it will take a lot of pressure off other areas of the country.  I'm not one to tinker with nature but if Lake Mead goes drive then so be it.  People will have to move.  While some places are going through dry spells other areas of the world are going through major floods i.e. China and Pakistan.  So on a national level you may be right but on a global scale your argument loses credibility.  On a global scale planet Earth could easily support 2-3 times the population it currently does with the right management, technology, and human ingenuity.  The only question is do your or I want to live in a world like that?  I certainly don't.  I agree with people who say the world population should be dropped down to about 1 billion. 
Title: Re: Anyone worried about the economy?
Post by: boonasty on September 15, 2010, 01:57:16 PM
buy silver

this
Title: Re: Anyone worried about the economy?
Post by: tallgerman on September 15, 2010, 11:26:39 PM
Did you know that your grandparents were making just as much money as you in the 70’s? It may not seem like it but apparently it is true. A new study reveals that wage growth for the average U.S. citizen has been stagnant since 1970. We work more hours and for less money than our parents and grandparents did. How is this so when previous generations never made $30,000 or $40,000 dollars per year?


The United States economy may have grown during the 70’s, 80’s, 90’s, and 2000’s but the salaries of the middle class have not.  The reason for this is inflation. Factor in inflation and wages have not grown in 40 years. The price of goods and services has been outpacing wage growth. Homes, automobiles, electronics, and food all represent a larger percentage of personal income today.  A dollar today does not buy as much as it did in the 60’s.

Take a look at these statistics:

1970’s

- The average salary was $7,564.

- A quart of milk was 33 cents.

- A loaf of bread was 25 cents.

- A dozen eggs were 60 cents.

- A pound of ground beef was 80 cents.

 2009

- The median wage was $32,390*.

- A quart of milk was $1.49.

- A loaf of bread was $2.00.

- A dozen eggs were $1.99.

- A pound of ground beef was $3.99.

Costs can vary for items depending upon your location and the food product. For example, premium breads can run $4 to $5 dollars. Eggs can get as high as $3.99 and leaner cuts of beef can run $5 to $6 per pound.

The point of this illustration is to demonstrate that wages have not risen at all when you look at their buying power. Individuals are making more money today than a generation ago but they are actually getting less for their dollars. As you can see, middle class Americans have struggled just to keep pace with inflation. The wealth that was gained over the past 40 years has trickled upward and not down to the average worker.

*The U.S. median wage was $32,390 per year, according to the most recent data from the Occupational Employment Statistics


nah not true at all

cost of used car sedan 1970?
2009 cost of 1999 toyota avalon with leather $4,500 with v6 ac nice tires and efficient

cost of "pc" in 1970   $1,000,000
cost of pc in 2009    $200

cost of lazer eye surgery to correct need for glasses 2009 $2,500

cost of food at bulk store like costco not that bad

USA has incredible advances in phone med and defense as well.

Problem with avg american is they lost thier work ethic.

90% of 'jobs' produce nothing and must be made up by the 10% engineers/scientists.
Heck we pay people to sit on thier ass! [unemployment/"disabled"/pension]
Title: Re: Anyone worried about the economy?
Post by: MuscleMcMannus on September 16, 2010, 12:05:42 AM
 ::)
Title: Re: Anyone worried about the economy?
Post by: doison on September 16, 2010, 12:16:18 AM
also, why would you worry anyways... law enforcement = job security.  you got nothing to sweat friend.

bros like myself... to say it has been a shitstorm would be an understatement.  white collar advertisement sector has been brutalized by the current economic conditions, and the whole situation has made my life a lot more difficult.  more work, for less pay.  and the shit thing is, there is really no end in sight.  this is just how it is going to be for the foreseeable future.  

bench did have a point though, there is absolutely nothing that can be done other than weather the storm.  I just regret not preparing in the first place for such an unforeseen disaster.  


How many f'n accounts do you have Jim?