bonehead wrote:The Dow just had the worst June since 1930 and oil is now trading at $140.Some people think the bottom for the Dow is 10,000.I think it's gonna go lower than that.Opinions anyone?
bonehead wrote:The Dow just had the worst June since 1930 and oil is now trading at $140.Some people think the bottom for the Dow is 10,000.I think it's gonna go lower than that.Opinions anyone?
It will, just from the inside out. The higher oil prices go the sooner housing in the city will pop up and the more housing in the burbs will drop.SoylentGreen wrote:Like you said, the '29 crash didnt happen over night. it took 2 or 3 years for the market to bottom out.
The residential real estate market will not come back.People wont have the $ to buy because all thier $ will go to food and fuel.
Professor Membrane wrote: Not now son, I'm making ... TOAST!
Alfred Tennyson wrote:We are not now that strength which in old days
Moved earth and heaven, that which we are, we are;
One equal temper of heroic hearts,
Made weak by time and fate, but strong in will
To strive, to seek, to find, and not to yield.
Tanada wrote:Here is a video about decline and options. It covers some history about how the Roman Empire could have taken steps to stay healthy but due to things like political thinking and bureaucratic inertia they failed to adapt.
https://youtu.be/J4o9NdgN8w8
GHung wrote:Tanada wrote:Here is a video about decline and options. It covers some history about how the Roman Empire could have taken steps to stay healthy but due to things like political thinking and bureaucratic inertia they failed to adapt.
https://youtu.be/J4o9NdgN8w8
Thorium could have saved the Roman Empire??
onlooker wrote:GHung wrote:Tanada wrote:Here is a video about decline and options. It covers some history about how the Roman Empire could have taken steps to stay healthy but due to things like political thinking and bureaucratic inertia they failed to adapt.
https://youtu.be/J4o9NdgN8w8
Thorium could have saved the Roman Empire??
The tragic thing is maybe more than any other civiluzation we could and to some degree did see this DECLINE coming yet did little to forestall or avoid it, And at least to me looks like it will be more a collapse more so than a decline
Outcast_Searcher wrote:onlooker wrote:GHung wrote:Tanada wrote:Here is a video about decline and options. It covers some history about how the Roman Empire could have taken steps to stay healthy but due to things like political thinking and bureaucratic inertia they failed to adapt.
https://youtu.be/J4o9NdgN8w8
Thorium could have saved the Roman Empire??
The tragic thing is maybe more than any other civiluzation we could and to some degree did see this DECLINE coming yet did little to forestall or avoid it, And at least to me looks like it will be more a collapse more so than a decline
So NOW you're claiming you saw COVID-19 coming?
Sure. With what functioning time machine?
Outcast_Searcher wrote:
So NOW you're claiming you saw COVID-19 coming?
Sure. With what functioning time machine?
We still have no idea how this will play out, globally, but we can be sure that this period will be life-changing for millions (billions?) and that global debt is exploding off the charts and supply chains have been deeply affected, some permanently perhaps. How TF do you think this will unwind???
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