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79% Say U.S. Economy Could Collapse
- Thread starter bearice
- Start date
Quote from Kassz007:
This poll shows how utterly stupid most people are. Of course the US economy could collapse! Anything is possible. Could there be life on Mars? Could be. How do the pollsters define an economic collapse? Why am I bothering to post on such an irrelevant topic?
So you don't like the idea of democracy? There is much research that shows that the crowd knows what they are doing sometimes...
Are you of the belief that some elite thinkers [of course, you would be one of them] should be in charge?
Quote from buylo:
Excellent obersavation, Kassz. You must be well aware of the posters who only post articles from "news" agencies that only wish to stir controversey. And offer no support or counter arguments, with the the sensational headline as the name of the thread. If not, get used to it.
Like MSNBC, the New York Times, U.S News, etc.? Their Orwellian disinformation campaign to defend Obamacare could only be believed by sub-80 IQ idiots who wouldn't know a logical or statistical fallacy from a food stamp.
Quote from trefoil:
Well, well. Look at this.
S&P on Jan 20 '09 (not sure if this was the exact Inauguration Day, but good enough for this place): 805.22
S&P right now: 1167.72
Percent up: 45
Watching the Trailer Park Traders Scream: Priceless.
Do you know how much the Nigerian stock market rose a few years ago? Did the U.S. economy have great prospects when the S&P 500 was pegging the 1570 range in October 2007?
I hope you were being facetious, but I'm afriad some people are that stupid...just like the mindless drones shouting "yes we can (take your money)" a couple of years ago.
Who are these Democrats who think the economy could collapse? Most of my friends are Democrats, and I don't know any of them who think this way. They are all completely naive. They were all kicking and screaming over TARP. None of them could seem to comprehend what a run on the banks or closure of banks would mean--namely, anarchy. No police force to defend you because the city is not paying them and they are home anyway defending their own family. It would not take much for things to get really ugly.
Yes, there is a lot of stupidity out there. Lack of education about economics. Trust in our leaders who deserve no trust. That is why these crises will always continue to occur. When times are good and the money is flowing, nobody is going to turn off the spigot, least of all our Congress who is spending all the tax money ten times as fast as it comes in.
Yes, there is a lot of stupidity out there. Lack of education about economics. Trust in our leaders who deserve no trust. That is why these crises will always continue to occur. When times are good and the money is flowing, nobody is going to turn off the spigot, least of all our Congress who is spending all the tax money ten times as fast as it comes in.
Quote from gastropod:
Why do you bother to post on such a thread...here is why: you are a liberal idiot who finds it necessary to defend the crap that Obama has spewed down your lungs, heart and what little brain you have...that is why you post here! Further, if you can get by my "humorous rant" than you will see that you are an optimistic fool! See the light - Dems and Reps are the same....liberalism and progressivism are just bullshit to pit one group against another...come out of the Democrat and Republican parties! The equivalent on the Republican side is the "neo-con" shit! Check out the work of Alexander Tytler on the cycle of nations - the US is in the "dependence" stages...next step....slavery! It doesn't matter whether it is a Dem or a Rep leading...they both will lead us to slavery!
-gastropod
P.S. My REAL goal here is to make you see that "liberals" and "conservatives" now are pushing us toward slavery and that the only way to avoid slavery is to roll back the changes that they have taken away from our freedoms - both Reps and Dems have taken away our freedoms...both Bush and Obama have pushed the crappy Patriot Act bullshit on us!
Alright listen, pal. I am not American. I couldn't give two fucks about liberals or conservatives or republicans or whatever the fuck. I don't like Obama, or any other American politician for that matter. I simply pointed out the flaws of the poll. Save your bullshit political rants for someone else, because I don't give a fuck.
Name calling and jumping to conclusions without evidence is a sure sign of an inferior mind. When you are willing (or capable?) of having an intelligent debate on statistics and polling bias, then you can respond to my posts. Until then, stop wasting my time.
Quote from EMRGLOBAL:
This poll shows how utterly stupid most people are. Of course the US economy could collapse! Anything is possible. Could there be life on Mars? Could be. How do the pollsters define an economic collapse? Why am I bothering to post on such an irrelevant topic?
____________________________________________________
LOL another smart academic who post on this site...
Lets see...
80% of the home loans are controlled by the GOV
about 100% student loans are controlled by the Gov.
GM, owned by the Gov.
Banking Bailout, gives the GOV more power over the financial World.
Health care, now controlled by the gov and one of the biggest take overs of a key industry. (First move in Atlas Shruggs)
New home sales lowest, even lower than when they started to track it in the 60s.
Unemployment numbers, not slowing, you will see a spike in the next quarter.
States, mainly "BLUE STATES" are bust.... NY Laying off 17,000 gov. workers.
IT is all ready collapsing in most of the country. Only a few bright spots and I live in one of them.
So, while the fools, academics and clowns try and figuer how the economy will fall or what defines a collapse...the smart ones have all ready made plans, relocated to the few states that are strong, took a job in a industry that may weather the storm, have taken to the protection of their wealth.
Let me guess, because the stock market is near 11000, on very light volume ....the Economy is Strong?
IL going to a 4 day school week....far more states to soon lay off workers.
Because some GDP numbers have come in positive, the economy is on solid grounds?
Because the dollar happens to have bounced, the economy is stablized?
I'll respond in the same way I responded to the other poster. Only to you, I will give you the respect of not name calling, as you've done the same for me.
My comment was on the invalidity and bias of the poll. I wasn't commenting on my personal view of the US economy. Please do not jump to conclusions without reading the post first.
The very fact that 100% of respondents didn't say yes shows the stupidity of people. Anything could happen. Nothing in this world has a 0% probability. This poll is flawed and I was simply pointing that out.
Quote from maxpi:
So you don't like the idea of democracy? There is much research that shows that the crowd knows what they are doing sometimes...
Are you of the belief that some elite thinkers [of course, you would be one of them] should be in charge?
Wow. Another person has jumped to conclusions about my post. Please reread. I don't make predictions about the economy. I don't have a crystal ball, as many others on this site seem to have. I trade what I see.
I will refer you to the other two responses I've given to others.
By the way, how you concluded that I don't like democracy and believe that elite thinkers (whatever an "elite thinker" is) like me should be in charge behooves me. Do yourself a favor before embarrassing yourself next time, and respond to what I wrote, rather than responding to what you think I may or may not believe.
for a contrarian this is a once in a lifetime news event that will herald the next super multi year bull market