Author Topic: 41 states to go bankrupt in '09  (Read 12371 times)

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Offline Kosh

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Re: 41 states to go bankrupt in '09
Quote
I would think it ought to sweep away all the stupidity and allows a clear restart (only to be repeated later). Given that major wars don't break out like last time.


If big businesses that ****ed up royally like Citigroup and GM were allowed to fail, it would allow a restart. As it is Citigroup in particular is hiding large amounts of bad debt, and letting them implode would force full disclosure.
"The reason for this is that the original Fortran got so convoluted and extensive (10's of millions of lines of code) that no-one can actually figure out how it works, there's a massive project going on to decode the original Fortran and write a more modern system, but until then, the UK communication network is actually relying heavily on 35 year old Fortran that nobody understands." - Flipside

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Offline iamzack

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Re: 41 states to go bankrupt in '09
Recession's not positive because I need the economy to not be in the toilet so I can go to college. :[

But I guess in a big-picture way, it could be a good thing. Maybe.
WE ARE HARD LIGHT PRODUCTIONS. YOU WILL LOWER YOUR FIREWALLS AND SURRENDER YOUR KEYBOARDS. WE WILL ADD YOUR INTELLECTUAL AND VERNACULAR DISTINCTIVENESS TO OUR OWN. YOUR FORUMS WILL ADAPT TO SERVICE US. RESISTANCE IS FUTILE.

 

Offline Roanoke

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Re: 41 states to go bankrupt in '09
The first rule of project chaos is you don't ask questions

 

Offline Kosh

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Re: 41 states to go bankrupt in '09
Recession's not positive because I need the economy to not be in the toilet so I can go to college. :[

But I guess in a big-picture way, it could be a good thing. Maybe.

I would think a recession/depression is the best time to go to college.
"The reason for this is that the original Fortran got so convoluted and extensive (10's of millions of lines of code) that no-one can actually figure out how it works, there's a massive project going on to decode the original Fortran and write a more modern system, but until then, the UK communication network is actually relying heavily on 35 year old Fortran that nobody understands." - Flipside

Brain I/O error
Replace and press any key

 

Offline iamzack

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Re: 41 states to go bankrupt in '09
Not at all. Loans are hard to come by and it's retardedly hard to get a job, especially if you're an unskilled, pink-haired teenager.
WE ARE HARD LIGHT PRODUCTIONS. YOU WILL LOWER YOUR FIREWALLS AND SURRENDER YOUR KEYBOARDS. WE WILL ADD YOUR INTELLECTUAL AND VERNACULAR DISTINCTIVENESS TO OUR OWN. YOUR FORUMS WILL ADAPT TO SERVICE US. RESISTANCE IS FUTILE.

 

Offline Black Wolf

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Re: 41 states to go bankrupt in '09
Am I the only person who sees the upcoming recession as positive event?

Maybe not the only one, but probably one of the few. What do you do for a living that isn't going to be threatened by this? :wtf: What about all of your family and friends - all of their livelihoods are at risk too. I doubt you'd find too many people sympathetic to all the executives this is going to see axed, but the people they take with them on the way dow, they're the ones who make major recessions like this immensely negative events.
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Offline Mars

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Re: 41 states to go bankrupt in '09
You know, more starving people in third world countries, more homeless people here, job loss, really it's a positive thing.  :doubt:

 
Re: 41 states to go bankrupt in '09
You know, more starving people in third world countries, more homeless people here, job loss, really it's a positive thing.  :doubt:

leaving the third world countries alone might just be the best thing for the farmers there. They do not have to compete against all the free food from the civilised world, and get an good incentive to get the agriculture going.

 

Offline iamzack

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Re: 41 states to go bankrupt in '09
leaving the third world countries alone might just be the best thing for the farmers there. They do not have to compete against all the free food from the civilised world, and get an good incentive to get the agriculture going.
Unfortunately, leaving the third world alone would be very bad at first.

See, if you just look at Africa: With the naturally high infant mortality due to all the jungle diseases and such, Africans have that tendency to produce eight or nine children in the hopes that two or three will reach puberty. Reproduction begins at a young age and continues from there, and they try to have as many children as possible. They need the extra hands because Africa doesn't naturally have beasts of burden, and the terrain didn't inspire invention of the wheel.

But then come the Europeans. We reduced infant mortality, improved health, et cetera, and the population exploded. In response, Africans had to try to produce way more food than is possible in African soil and... now we have famines and epidemics and civil wars and genocides.

Third world countries in the eastern hemisphere are third world because of geography, mostly. The land can't support the number of people there, and the number of people increases with improved medicine.

So if we just left (not that we're doing a whole, whole lot at the moment) the famine and disease and war would become a lot worse... at first. There'd be a period of time before everything balanced out, if that would end up happening at all.

What we really ought to do there is remove governments and rebuild these countries from the ground up. Iraq doesn't need or want our "help." Ethiopia, Sudan, Uganda, et cetera need and want help. We don't need to militarily occupy any of those nations except to stop the LRA and various civil wars. We just need to encourage and help to build agricultural and technological innovations like this one.

Farmers need seeds and tools to begin with to produce food, to produce more seeds, and to improve on methods and tools. These societies need free, accessible education.

What they don't need? Religion. Missions do work to improve standard of living in these areas somewhat, but they really think conversion is the number one priority nine times out of ten. Unfortunately, religions who focus on conversion volunteer time and resources, so the government fails to take action beyond giving missions money and protection.

The biggest problem with missions, though? Salem-style "witch" hysteria, destruction of generations-old religious and cultural artifacts, the Lord's Resistance Army, proliferation of the abstinence-until-marriage method of safe sex, et cetera, et cetera.

The people in African countries aren't really competing with the Western world. We send money and food, but most of the time it all gets held up in governments so corrupt they make that guy trying to sell Obama's Senate seat look like frakking George Washington.


Am I the only person who sees the upcoming recession as positive event?
You know, more starving people in third world countries, more homeless people here, job loss, really it's a positive thing.  :doubt:
In an extremely, extremely big-picture sort of way, recessions can be a good thing. After all, we got the New Deal out of the Great Depression. Massive public works projects and improved infrastructure, etc, etc.

But, really, when you look at it that way, *anything* can be seen as a positive event.



Uhh... I think I am waaayyy off-topic.
WE ARE HARD LIGHT PRODUCTIONS. YOU WILL LOWER YOUR FIREWALLS AND SURRENDER YOUR KEYBOARDS. WE WILL ADD YOUR INTELLECTUAL AND VERNACULAR DISTINCTIVENESS TO OUR OWN. YOUR FORUMS WILL ADAPT TO SERVICE US. RESISTANCE IS FUTILE.

 

Offline Mika

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Re: 41 states to go bankrupt in '09
Quote
Maybe not the only one, but probably one of the few. What do you do for a living that isn't going to be threatened by this?  What about all of your family and friends - all of their livelihoods are at risk too. I doubt you'd find too many people sympathetic to all the executives this is going to see axed, but the people they take with them on the way dow, they're the ones who make major recessions like this immensely negative events.

The answer took some pondering. First off, I'm the kind of person who can adapt quite easily. What it comes to my job, it may stay or may not, but I'm not worried about this. Personal doesn't equal important in my case. I'm pretty sure I'll find a way if **** really hits the fan here. If I find myself unemployed that only means I was doing fancy dream stuff that had no relation to society. Yes I do think that the job will remain but the irony will be on my side if it doesn't. Not a big deal if that turns out to be the case.

And personally, I'm relieved to see all the *******t, stupidity and lies crumble, leaving the bare, basic things in front of everybody. Also, I prefer to live in a society where those who steal and lie get tar & feathers. Besides, it is not the executives that are to blame. Nobody forced people to get bigger mortgages than they can ever hopefully pay back.

At some point I was actually wondering if moving from countryside to city was that smart after all. Now it will be equally interesting to see if people flock back, since I think that the jobs will be found in the countryside. If not jobs, make it food then.

What it comes to developing areas, like say, Africa, the aid organisations have asked for money for at least 30 bloody years (my life time, that is)! If the aid doesn't make any difference, or does never arrive on location, there is no sense in paying it! Outside pressure will not change things. Only population with common will can change it. What is the rationale that the developing countries will have more hungry people if the world financial system collapses?

Mika
Relaxed movement is always more effective than forced movement.

 

Offline Mars

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Re: 41 states to go bankrupt in '09
If you're married, you're wife is working, and you have two kids, if you lose your job you might be okay.


If you both lose your jobs, you're in deep ****.

 

Offline iamzack

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Re: 41 states to go bankrupt in '09
If you're married, you're wife is working, and you have two kids, if you lose your job you might be okay.


If you both lose your jobs, you're in deep ****.

Two or more people on one income? Kids are super, super expensive. Losing one income won't put you on the streets right away...
WE ARE HARD LIGHT PRODUCTIONS. YOU WILL LOWER YOUR FIREWALLS AND SURRENDER YOUR KEYBOARDS. WE WILL ADD YOUR INTELLECTUAL AND VERNACULAR DISTINCTIVENESS TO OUR OWN. YOUR FORUMS WILL ADAPT TO SERVICE US. RESISTANCE IS FUTILE.

 

Offline Androgeos Exeunt

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Re: 41 states to go bankrupt in '09
It does seem, however, that the recession is a blessing for my mum, because she might have been retrenched otherwise.
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Offline Janos

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Re: 41 states to go bankrupt in '09
Am I the only person who sees the upcoming recession as positive event?
You know, more starving people in third world countries, more homeless people here, job loss, really it's a positive thing.  :doubt:
In an extremely, extremely big-picture sort of way, recessions can be a good thing. After all, we got the New Deal out of the Great Depression. Massive public works projects and improved infrastructure, etc, etc.

But, really, when you look at it that way, *anything* can be seen as a positive event.



Uhh... I think I am waaayyy off-topic.

wait

wait

how the hell is the New Deal a big-picture event?
lol wtf

 

Offline iamzack

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Re: 41 states to go bankrupt in '09
I meant, the Great Depression could be seen as sorta a good thing if you look at the big picture, which I guess would be the 30s, 40s, and 50s because it inspired the New Deal which improved our infrastructure and stuff..
WE ARE HARD LIGHT PRODUCTIONS. YOU WILL LOWER YOUR FIREWALLS AND SURRENDER YOUR KEYBOARDS. WE WILL ADD YOUR INTELLECTUAL AND VERNACULAR DISTINCTIVENESS TO OUR OWN. YOUR FORUMS WILL ADAPT TO SERVICE US. RESISTANCE IS FUTILE.

 

Offline Janos

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Re: 41 states to go bankrupt in '09
I meant, the Great Depression could be seen as sorta a good thing if you look at the big picture, which I guess would be the 30s, 40s, and 50s because it inspired the New Deal which improved our infrastructure and stuff..

you answered to a post about third worlders being hit hard by the current recession by talking about big picture and taking the new deal as an example. tip: globally, new deal had jack **** to depression and p. much no one outside the united states gives a **** about New Deal and usually the crisises just end up as return to the status quo.

in really big picture world war 2 was also a good thing because the aftermath improved infrastructure and international communication, and the war sped up the technological advance bu quite a bit. however, lightly talking about things which have really dramatic consequences to daily lives of prolly millions of people is stupid and "in big picture something good could come out of this" is just a codeword for apathy


qed

lol wtf

 

Offline BloodEagle

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Re: 41 states to go bankrupt in '09
Spel cheek maks yur argumants luk beter.

 

Offline Janos

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Re: 41 states to go bankrupt in '09
Spel cheek maks yur argumants luk beter.

i HATE speling
lol wtf

 

Offline iamzack

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Re: 41 states to go bankrupt in '09
I meant, the Great Depression could be seen as sorta a good thing if you look at the big picture, which I guess would be the 30s, 40s, and 50s because it inspired the New Deal which improved our infrastructure and stuff..

you answered to a post about third worlders being hit hard by the current recession by talking about big picture and taking the new deal as an example. tip: globally, new deal had jack **** to depression and p. much no one outside the united states gives a **** about New Deal and usually the crisises just end up as return to the status quo.

in really big picture world war 2 was also a good thing because the aftermath improved infrastructure and international communication, and the war sped up the technological advance bu quite a bit. however, lightly talking about things which have really dramatic consequences to daily lives of prolly millions of people is stupid and "in big picture something good could come out of this" is just a codeword for apathy


qed



Yeeeah... I was just sorta mildly defending Mika's comment about the recession being positive. I did say earlier that if you're looking at the "big picture" then *anything* is justifiably positive.
WE ARE HARD LIGHT PRODUCTIONS. YOU WILL LOWER YOUR FIREWALLS AND SURRENDER YOUR KEYBOARDS. WE WILL ADD YOUR INTELLECTUAL AND VERNACULAR DISTINCTIVENESS TO OUR OWN. YOUR FORUMS WILL ADAPT TO SERVICE US. RESISTANCE IS FUTILE.

 

Offline Mika

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Re: 41 states to go bankrupt in '09
Quote
in really big picture world war 2 was also a good thing because the aftermath improved infrastructure and international communication, and the war sped up the technological advance bu quite a bit. however, lightly talking about things which have really dramatic consequences to daily lives of prolly millions of people is stupid and "in big picture something good could come out of this" is just a codeword for apathy

I'm pretty sure I mentioned I don't see wars as positive events in the first post. Recession then, is another call.

I'm again the only one who sees the general population just as guilty or innocent as the executives? There have been whistleblowers, but the general population doesn't actually respect or listen them. Why is that so? It is the only way to keep things from crashing down.

Mika
Relaxed movement is always more effective than forced movement.