dollar bubble
12-08-2009, 12:18 AM
#1
dollar bubble
looks like we are gettin in deeper shizz, yet we are doing nothing about it. cuz we feel like we cant do anything about it 
im scared
http://www.youtube.com/watch?v=eZA0qNsf4m0
im scaredhttp://www.youtube.com/watch?v=eZA0qNsf4m0
12-08-2009, 01:12 AM
#4
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right. your first post was mayhem so i cleaned it up for you 
either way, that's f***ed up man. we have some deep money troubles here in this part of the world - i think i see some dark times ahead.
either way, that's f***ed up man. we have some deep money troubles here in this part of the world - i think i see some dark times ahead.
12-08-2009, 01:15 AM
#5
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12-08-2009, 01:28 AM
#6
This vid characterizes why we are in this mess.http://www.youtube.com/watch?v=19v5Kjmc8FI
12-08-2009, 09:39 AM
#7
IMO we've already seen a small bursting of the dollar bubble. The best reasoning, is look at gold prices. They're hovering around $1100-1200.
Like I've been saying though, we are technically out of the recession even though the reasoning is somewhat of a joke.
Like I've been saying though, we are technically out of the recession even though the reasoning is somewhat of a joke.
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12-08-2009, 10:08 AM
#8
In my opinion, job data and the unemployment rate are indicators of our recession and until there is improvement in that, I don't see us improving much. Government job numbers are usually manipulated a little bit so things won't seem as bad. Even after being fudged, the numbers are still terrible.
12-08-2009, 10:21 AM
#9
In my opinion, job data and the unemployment rate are indicators of our recession and until there is improvement in that, I don't see us improving much. Government job numbers are usually manipulated a little bit so things won't seem as bad. Even after being fudged, the numbers are still terrible.
The reason why I said the reasoning is a bit of a joke is that it only increased 2.8% and 2.1% of that was government spending and revenue from the cash for clunkers program.
To add, in November there were only 11,000 jobs lost. That's less than half of what was expected and essentially is a 0% increase in unemployment.
Almost everyone is losing money at their jobs. The economy as a whole was over inflated which eventually led to a market correction.
12-08-2009, 02:13 PM
#10
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Its going to get worse just so you know. By mid next year the unemployment will jump 2-3% just from the layoffs of NASA when the shuttle program shuts down til the Constellation program comes into full effect. Maybe even more. I know this cause i work there, not just blowing smoke out of my ***.