| View previous topic :: View next topic |
| Author |
Message |
shortonsense
Heavy Crude
Joined: Aug 30, 2008
Posts: 102
|
 Posted: Wed Sep 17, 2008 11:56 am Post subject: Re: Will the world economy collapse Friday? |
  |
|
| messageinabottle wrote: | | Will the world economy collapse Friday? |
Wasn't that what happened last week?  |
|
| Back to top |
|
 |
Specop_007
Expert
![]()
Joined: Aug 12, 2004
Posts: 6288
|
| Posted: Wed Sep 17, 2008 12:06 pm Post subject: Re: Will the world economy collapse Thursday? |
|
|
| MD wrote: | | You are also messing with KevO's plan....now if you all start multiple threads we're just going to have to merge them all. |
Nonsense.
We only need 5. One for Mondays, one for Tuesdays....... 
_________________
"Battle not with monsters, lest ye become a monster, and if you gaze into the
Abyss, the Abyss gazes also into you."
Ammo at a gunfight is like bubblegum in grade school: If you havent brought enough for everyone, you're in trouble
كا&# |
|
| Back to top |
|
|
VMarcHart
Light Sweet Crude
Joined: May 26, 2008
Posts: 1190
Location: Chicago, IL
|
| Posted: Wed Sep 17, 2008 12:30 pm Post subject: Re: Will the world economy collapse Thursday? |
|
|
MD, please do merge all this non-sense into 1 big ball of crap.
What's the point of proclaiming next day's doomsday everyday? |
|
| Back to top |
|
|
retiredguy
Intermediate Crude
Joined: Jan 11, 2005
Posts: 580
Location: southern Wisconsin
|
| Posted: Wed Sep 17, 2008 12:33 pm Post subject: Re: Will the world economy collapse Thursday? |
|
|
This Thursday? Next Thursday? Thanksgiving?
Sheesh, even Bishop Usher provided a date AND and a time. |
|
| Back to top |
|
|
static66
Heavy Crude
Joined: Jul 07, 2006
Posts: 160
Location: under the satellites
|
| Posted: Wed Sep 17, 2008 12:48 pm Post subject: Re: Will the world economy collapse Friday? |
|
|
You have to be more clear on your definition of collapse, we are collapsing right now and have been on a collapse trajectory since 2006, it does not just happen overnight. Remember the foundation of the world economy is somwhere north of $45 trillion dollars moving around the globe every single day.... that's you going to get your dollar meal chicken sandwich at McDonalds and your boyfriend buying a lottery ticket and the senior VP at ExxonMobil paying cash for an estate in the Hamptons.... On Friday you will still be doing that stuff as will your boyfriend and the senior VP at EM... if the stock market is trading at 9000 and we have "lost" 1500+ points in a week it isn't going to halt the economy. The amount of money that is being "lost" right now is $2trillion and that is roughly the amount that was loaned out during the last two years of the unregulated mortgage orgy where dead people were qualifying for loans.... sooooo take $2trillion away from $45trillion and you get $43trillion still flowing around the world.... try and make sure you are in a job that is needed in the next few years and you will be just fine.
_________________
"The word statistics originated in the German STATISTIKS, "State Arithmetic." |
|
| Back to top |
|
|
Cerberus
Tar Sands
Joined: Mar 07, 2006
Posts: 39
|
| Posted: Wed Sep 17, 2008 12:58 pm Post subject: Will the world economy collapse Friday the 19th 2070? |
|
|
| If your poor does it really matter, when the "economy" will collapse? |
|
| Back to top |
|
|
RSFB
Heavy Crude
Joined: Aug 03, 2008
Posts: 297
|
| Posted: Wed Sep 17, 2008 1:01 pm Post subject: Re: Will the world economy collapse Friday the 19th 2070? |
|
|
| There are two Friday 19ths in 2070 - September and December. Which one are you referring to? |
|
| Back to top |
|
|
basil_hayden
Intermediate Crude
Joined: Aug 08, 2005
Posts: 913
Location: CT, USA
|
| Posted: Wed Sep 17, 2008 1:02 pm Post subject: Re: Will the world economy collapse Friday the 19th 2070? |
|
|
| If you're rich, does it really matter when the economy will collapse? |
|
| Back to top |
|
|
joeltrout
Light Sweet Crude
![]()
Joined: Sep 19, 2007
Posts: 1317
|
| Posted: Wed Sep 17, 2008 1:09 pm Post subject: Re: Will the world economy collapse Friday the 19th 2070? |
|
|
| Cerberus wrote: | | If your poor does it really matter, when the "economy" will collapse? |
The poor will be hurt more than the rich because the poor depend on the govt.
joeltrout |
|
| Back to top |
|
|
burtonridr
Intermediate Crude
Joined: Aug 03, 2007
Posts: 763
|
| Posted: Wed Sep 17, 2008 1:12 pm Post subject: Re: Will the world economy collapse Friday the 19th 2070? |
|
|
| basil_hayden wrote: | | If you're rich, does it really matter when the economy will collapse? |
| Quote: |
""If your poor does it really matter, when the "economy" will collapse? |
no, preparation is key to survival
_________________
Tired of high gas prices?  Then stop driving to work, duh..... Learn to Work from home
Peak Oil Blog = http://getroasted.wordpress.com |
|
| Back to top |
|
|
Fishman
Intermediate Crude
Joined: Aug 11, 2005
Posts: 826
Location: Eastern NC
|
| Posted: Wed Sep 17, 2008 1:31 pm Post subject: Re: Will the world economy collapse Thursday? |
|
|
BR
Don't think you see the grand plan there. Just perhaps, our economy is actually better than those other countries. You know, those things that make a market work, rule of law (eclude China and Russia) for one. |
|
| Back to top |
|
|
canuckinczech
Tar Sands
Joined: May 02, 2008
Posts: 60
|
| Posted: Wed Sep 17, 2008 1:38 pm Post subject: Re: Will the world economy collapse Thursday? |
|
|
| my god...what just happened to gold? Who suddenly started buying? |
|
| Back to top |
|
|
burtonridr
Intermediate Crude
Joined: Aug 03, 2007
Posts: 763
|
| Posted: Wed Sep 17, 2008 1:41 pm Post subject: Re: Will the world economy collapse Thursday? |
|
|
| canuckinczech wrote: | | my god...what just happened to gold? Who suddenly started buying? |
Probably the same thing that happened to oil, people are moving their money from risky positions to commodities.
Remember with every loss there is a gain somewhere.... but not always in the stock market.
_________________
Tired of high gas prices? Then stop driving to work, duh..... Learn to Work from home
Peak Oil Blog = http://getroasted.wordpress.com |
|
| Back to top |
|
|
nobodypanic
Intermediate Crude
Joined: Jun 02, 2008
Posts: 620
|
| Posted: Wed Sep 17, 2008 1:41 pm Post subject: Re: Will the world economy collapse Friday the 19th 2070? |
|
|
| ah yes i remember that time well. it was the year that the bubble in flint spearheads burst and the seashell monetary system collapsed. |
|
| Back to top |
|
|
GASMON
Intermediate Crude
Joined: Mar 29, 2008
Posts: 846
Location: England
|
| Posted: Wed Sep 17, 2008 1:48 pm Post subject: Re: Will the world economy collapse Friday the 19th 2070? |
|
|
Hope I live to see it - I'll be 118 years old by then, and still posting on Peak Oil !!!!!!!!!!!!!!!!!!!!!
Gasmon
_________________
Been there, Done that, Bought the tee-shirt |
|
| Back to top |
|
|
|
News
Discussions
Resources
Members
Forum FAQ
Search
Usergroups
Profile
Log in to check your private messages
Log in
