Is this world about to end because of the way of the economy?

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Shinobi120

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#1 Shinobi120
Member since 2004 • 5728 Posts

See topic. When will things ever get better?

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loco145

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#2 loco145
Member since 2006 • 12226 Posts
Nah, just the West.
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Eternal_Triumph

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#3 Eternal_Triumph
Member since 2008 • 512 Posts
I hope not, but I'm interested to hear everyones opinions on the subject.
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GabuEx

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#4 GabuEx
Member since 2006 • 36552 Posts

If the world survived the Great Depression, it can certainly survive this.

I never fail to be surprised at people's lack of faith in the resilience of the world. :P

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Oleg_Huzwog

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#5 Oleg_Huzwog
Member since 2007 • 21885 Posts
You're right! With the economy in the state it is, how will we ever scrounge up the funds necessary to continue funneling appeasement to the mighty alien warlords in order to dissuade them from invading and enslaving the human race?
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thriteenthmonke

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#6 thriteenthmonke
Member since 2005 • 49823 Posts
No
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metalmouth14

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#7 metalmouth14
Member since 2008 • 415 Posts
No because the economy is always going up and going down every couple of years. It never stays down or up but everytime it goes down everyone always freaks out
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_R34LiTY_

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#8 _R34LiTY_
Member since 2008 • 3331 Posts

USA will end as it dissolves itself into it's own self-induced debt, but not the world.

Henry Paulson - Wolfowitz - Bush - Cheney and all the other cronies need to be hung infront of the country for high-treason.

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AnObscureName

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#9 AnObscureName
Member since 2008 • 2069 Posts
I don't see how the world could end because of the state of the economy. Are the bankrupt businesses going to implode?
Nah, just the West.loco145
Well China and the big oil exporting countries are kind of in the **** as well as they rely on foriegn buyers, especially China.
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Hamster-of-Fate

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#10 Hamster-of-Fate
Member since 2007 • 297 Posts

We just need a another world war.

And the economy will boom again.

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freshgman

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#11 freshgman
Member since 2005 • 12241 Posts
no. its just rough times. they will eventually pass
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Edziscs

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#12 Edziscs
Member since 2006 • 444 Posts
I'd actually not mind if that happens, just so I can get to the goverment after the anarchy starts..
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Theokhoth

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#13 Theokhoth
Member since 2008 • 36799 Posts

No because the economy is always going up and going down every couple of years. It never stays down or up but everytime it goes down everyone always freaks outmetalmouth14

The economy hasn't been this "down" in eighty years. . . .

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VMAN-Vercetti

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#14 VMAN-Vercetti
Member since 2005 • 1836 Posts

Open your eyes. The society we know today is a monetary-based society, it is controlled by the central bank.

What is the central bank ? The central bank is the non-governmental institution that makes the money out of thin air. The basic problem is that money is debt and debt is money.

For every dollar the government loans from the bank, it has to return the same value plus an interest rate. The problem is that if all the money in circulation is made by the bank and has to be returned plus the interest rate, then that means there will never be enough money to pay off the debt. This is a perpetual cycle that will lead to the destruction of society.

The Iraq and Afghanistan wars happened due to internal changes that the central bank did not like.

Let's take the case of Afghanistan. Before 1980, they produced 0% of the world's opium supply. After being backed up by the US and implicitly the CIA into wining the Afghan/Soviet war in around 1986 they were producing 40% of the world's heroin supply.

By 1999 they were producing up to 80% of the heroin supply. Then something unexpected happened, namely the rose of the Taliban to power. The new government then reduced the drug supply up to 94%.

2 Days after this, Bush had the full plans to invade Afghanistan on his desk. This lead to the fake 9/11 ""terrorist"" attack.

Besides, each year, 70 americans die from terrorism, while 450.000 die from the leading cause of death, coronary heart disease.

Even so, the government allocates 168 billion dollars for the war against terror and only 3 billion dollars to the research of heart disease.

If you want to learn more about the truth that is the corrupted economy of today, watch Zeitgeist and Zeitgeist Addendum.

They are free and not copyright so you can get them from P2P or torrent or whatever.

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deactivated-59d151f079814

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#15 deactivated-59d151f079814
Member since 2003 • 47239 Posts
The west survived when Rome was sacked, and basically the Roman Empire fell.. A event far worse then the Great Depression when it came to stability and social advancement.
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Fandangle

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#16 Fandangle
Member since 2003 • 3433 Posts
The world will keep turning - unless we decide to blow it up
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deactivated-605ba7fd6332a

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#17 deactivated-605ba7fd6332a
Member since 2005 • 12039 Posts

We just need a another world war.

And the economy will boom again.

Hamster-of-Fate

I don't know if we need another world war, but that might be what happens given all of the tensions between nations all over the world.

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Theokhoth

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#18 Theokhoth
Member since 2008 • 36799 Posts

If you want to learn more about the truth that is the corrupted economy of today, watch Zeitgeist and Zeitgeist Addendum.

VMAN-Vercetti

:lol: A bunch of silly propaganda.

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grimm579

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#19 grimm579
Member since 2003 • 123 Posts

Alright U.S, its's time to pack it in... I mean come on... you had a good run, but all good things must come to an end.

We might as well all start learning how to speak Mandarin and Cantonese now.

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Immortalica

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#20 Immortalica
Member since 2008 • 6309 Posts
Contrary to popular belief, the world will continue to exist, regardless of the economy.
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Oleg_Huzwog

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#21 Oleg_Huzwog
Member since 2007 • 21885 Posts
[QUOTE="VMAN-Vercetti"]

If you want to learn more about the truth that is the corrupted economy of today, watch Zeitgeist and Zeitgeist Addendum.

Theokhoth

:lol: A bunch of silly propaganda.

Truth, silly propaganda. To-may-to, to-mah-to.

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VMAN-Vercetti

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#22 VMAN-Vercetti
Member since 2005 • 1836 Posts
[QUOTE="VMAN-Vercetti"]

If you want to learn more about the truth that is the corrupted economy of today, watch Zeitgeist and Zeitgeist Addendum.

Theokhoth

:lol: A bunch of silly propaganda.

Say what you wish, but there is hard, concrete evidence to the theories presented in the documentaries.
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stupiddk

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#23 stupiddk
Member since 2003 • 2377 Posts

If the world survived the Great Depression, it can certainly survive this.

I never fail to be surprised at people's lack of faith in the resilience of the world. :P

GabuEx

Don't judge the world by way of the gamespot forums.

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pianist

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#24 pianist
Member since 2003 • 18900 Posts
That's what short sellers want you to believe. But no. The world isn't going to end on account of this economic crisis. When you get right down to it, people always find a way to adapt to their new circumstances, and the economy will recover, even if it takes a few years this time around.
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pianist

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#25 pianist
Member since 2003 • 18900 Posts
[QUOTE="GabuEx"]

If the world survived the Great Depression, it can certainly survive this.

I never fail to be surprised at people's lack of faith in the resilience of the world. :P

stupiddk

Don't judge the world by way of the gamespot forums.

If the stock markets are any indication, plenty of 'real life' people think exactly the same thing - that the economy is doomed. Thus, the mass panic selling.

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MetroidPrimePwn

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#26 MetroidPrimePwn
Member since 2007 • 12399 Posts
When we start seeing stock brokers and investors hurling themselves out of skyscraper windows after the DOW reports, I'll get back to you on that.
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pianist

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#27 pianist
Member since 2003 • 18900 Posts

[QUOTE="metalmouth14"]No because the economy is always going up and going down every couple of years. It never stays down or up but everytime it goes down everyone always freaks outTheokhoth

The economy hasn't been this "down" in eighty years. . . .

Indeed. And it may be the only time in our lives that it does something like this. This isn't a typical correction. But then, I don't see it as a reason to panic either. Truth be told, it's more of an opportunity than anything if you play your cards right.

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supa_badman

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#28 supa_badman
Member since 2008 • 16714 Posts

i dont really care if we go down. money is just paper, how the hell is our companies and stock and everything business going down just because of paper??

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dmc333

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#29 dmc333
Member since 2002 • 766 Posts
As long as you can eat, what is the problem?
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surferdude17

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#30 surferdude17
Member since 2003 • 599 Posts
Are you kidding? The world overcame the Great Depression and you think this is worse. I will start worrying when the cities are no longer packed with holiday shoppers. People may be losing everything, but they still have time to shop for presents.
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supa_badman

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#31 supa_badman
Member since 2008 • 16714 Posts
Are you kidding? The world overcame the Great Depression and you think this is worse. I will start worrying when the cities are no longer packed with holiday shoppers. People may be losing everything, but they still have time to shop for presents.surferdude17
ya because of WWII lets hope however we dont get pulled out of depression for another major war hmm?