Political Nonsense

[StevOz]

 

[StevOz]

 

[pinhead1]

steve #251
very amusing.
i dunno if you are trying to be funny with the video or actually believe Joe did this.
he certainly made a lot of bad decisions to make everything worse.
this meltdown has been coming for many decades as far back as the 70's.
we have always had some outsourcing.
jobs were starting to leave in the late 70s because of spiking inflation, rising cost of fuel, rising wages, higher taxes,
bad financial decisions through the decades by our congress and the american people did this.
we had jobs....industry and manufacturing....anybody that wanted a job could have one....
by the early 80s it was all leaving for overseas to China or somewhere else where cost of operations and labor is much less.
so, here we are after 40+yrs of wreckless massive inflation.
nothing is made in the U.S anymore or very little.
wreckless inflation through the decades destroyed the economy.
anybody have a better explanation to what has happend to the global economy??

 

[StevOz]

Simple explanation...

Sustained growth economics is unsustainable on a finite planet.

 

[pinhead1]

Simple explanation...

Sustained growth economics is unsustainable on a finite planet.

what??
steve, that's not it whatever it is.
wage earnings did not keep up with inflation.
..this is what everybody is complaining about and broke because of the
increasing wage/inflation gap.
everybodies buying power was destroyed.
spending is way down.
business is shutting down, big retailers are closing the doors on hundreds of stores.
we are now feeling the side effects of all the bad financial decisions through the decades.

 

[StevOz]

The economic experiment is a failure...

It started here...

Consumerism - Wikipedia

en.m.wikipedia.org

 

[pinhead1]

that's very interesting.
oth, it's always the same problem over and over again.
what is the front row in your face problem that runs the world?

 

[StevOz]

that is very interesting.
oth, what runs the world?
why is there so much chaos?

The world runs itself and did so just fine for millions of years BC.

Your pecieved chaos is being caused by the collapse of the economic experiment.

 

[pinhead1]

Umm, steve, this is not millions of yrs ago.
come up to modern times.
it's the money...always.

 

[StevOz]

Money is not a real thing...

Fiat Money: What It Is, How It Works, Example, Pros & Cons

Fiat money is a government-issued currency that's not backed by a physical commodity such as gold or silver. Read more about dollars, euros, and other fiat money.

www.investopedia.com

 

[pinhead1]

Money is not a real thing...

Fiat Money: What It Is, How It Works, Example, Pros & Cons

Fiat money is a government-issued currency that's not backed by a physical commodity such as gold or silver. Read more about dollars, euros, and other fiat money.

www.investopedia.com

i'm glad you brought that up.
there are alot of theories circiling around this.
in a way it is not real...it's created.
actually it's a trap.
it is a real thing at least the system seems to think so.
the paper money and credit cards in your wallet is real.
it can be used to buy anything you want with it.
the swipe machines are everywhere waiting to swipe that card.
swipe that plastic through the machine then take home after it gets approved.
so how is it not real???

 

[StevOz]

Money is a contrivance...

Britannica Money

Money, a commodity accepted by general consent as a medium of economic exchange. It is the medium in which prices and values are expressed; as currency, it circulates anonymously from person to person and country to country, thus facilitating trade, and it is the principal measure of wealth.

www.britannica.com

 

[StevOz]

Just some sage advice from down under..

 

[StevOz]