Newfie wrote:Pops,
That last point you make is important. The whole economy is running on some kind of Matrix like idea of reality. We don't make anything of real value anymore. More precisely, we make somethings, we grow somethings, but our economy is "service" based. 10,000 hairdressers can't out produce one farmer.
Therefore our economy is already bust, we are just living off the backs of the few real producers. All the rest is funny money.
Now if something takes out those few real producers, or the money guys swallow enough red pills, then we may have a sudden crash. When, not if.
careinke wrote:pstarr wrote: But there is no correction for overpopulation and underearth.
Nice phrase, can I steal it from time to time?
pstarr wrote: No gluts no gory.
vtsnowedin wrote:I don't know who will win the election tomorrow but regardless I will predict, and bet a gallon of VT. maple syrup on it, that the economy will crash in march 2017.
Any takers and what is your stakes?
Subjectivist wrote:vtsnowedin wrote:I don't know who will win the election tomorrow but regardless I will predict, and bet a gallon of VT. maple syrup on it, that the economy will crash in march 2017.
Any takers and what is your stakes?
Why March in particular?
What was the bet?pstarr wrote:I already offered a bet on another thread. Nobody took me up on it. No guts no glory.
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