http://www.digitimes.com/news/a20120524PD209.html
According to Mr. Guo Tai Ming, the chairman of Foxconn, which is the OEM/ODM company for a lot of electronic companies, the economy of Europe and America will be worsen in the coming months
Brace yourself !
Any Common people could say that it is going to be worse :(
What a bunch of poop - the economy, I mean. :P
hehe
come in, take a shit ;D
What are we going to do when there is no more toilet paper though?
What did the romans do? I read some place that in the dark ages people just used there hands
I am not one to go into full panic just yet so we shall see. Not all economic predictions come to a reality. However, i place my bets on Peter Schiff because he was right and still is, but he is still only human and not a profit. If the state of the world does go south, just remember, it will not last forever. Humanity has a great knack for helping our fellow man so if that means the corrupt Governments of this world fall, so be it. Man will continue to dominate man to his injury. All i can say form my own thoughts is get a hold of gold, silver, grow a produce garden, look into bit coins currency think about a barter system, stay away from taking out loans, stay out of dept, try and live in a area that is as free as possible.
Quote from: TheBadger on May 25, 2012, 08:00:12 PM
What are we going to do when there is no more toilet paper though?
What did the romans do? I read some place that in the dark ages people just used there hands
There are always large leafs as an option. ;D
There are people making a killing when economy is on the rise
... and ...
There are also people making a killing when economy tanks
Opportunities are everywhere, it's up to you to spot and grab one
Just make sure it's not poison ivy or poison oak.
Quote from: yossam on May 26, 2012, 01:45:29 AM
Just make sure it's not poison ivy or poison oak.
I was thinking Banana Plant leafs. ;D
Could A Ron Paul Presidency Prevent A World Economic Collapse?
http://www.dailypaul.com/236180/could-a-ron-paul-presidency-prevent-a-world-economic-collapse
Nobody can prevent our fall, I am afraid.
Quote from: Seth on May 26, 2012, 08:59:43 AM
Nobody can prevent our fall, I am afraid.
You might be right. We shall see though. Worse case being we start over and try harder. ;)
Quote from: TheBadger on May 25, 2012, 08:00:12 PM
What are we going to do when there is no more toilet paper though?
What did the romans do? I read some place that in the dark ages people just used there hands
They left their load in the middle of the road and walked away contented.
Quote from: choronr on May 27, 2012, 12:56:02 AM
Quote from: TheBadger on May 25, 2012, 08:00:12 PM
What are we going to do when there is no more toilet paper though?
What did the romans do? I read some place that in the dark ages people just used there hands
They left their load in the middle of the road and walked away contented.
You are a poet, and did not even know it. ;D
The situation in the Eurozone looks to get worse by the day
Even the IMF chief had to resort to outright spikeful chiding trying to inject some sense into the situation
On hindsight, I wonder could the Eurozone crisis be better handled if EU had chucked out Greece much earlier ?
What I mean is, the hundred of Billions that had been pumped into Greece' economy are all essentially been wasted - those money could have been used for much better purposes
It is comparable to getting drunk. You want a little then you want more but the more you have , the worse the hangover will be when it is all over after you could get drunk no longer after the system crashes. The EU is like the Bartender and Greece is like the man sitting there with the glass in his hand. It is like Wall Street. The Government was the Bartender and Wall Street was the man with the glass.
Quote from: ChrisC on May 29, 2012, 02:40:10 AMIt is comparable to getting drunk. You want a little then you want more but the more you have , the worse the hangover will be when it is all over after you could get drunk no longer after the system crashes. The EU is like the Bartender and Greece is like the man sitting there with the glass in his hand. It is like Wall Street. The Government was the Bartender and Wall Street was the man with the glass.
Perusing your analogy, I wonder if it would be much better for that EU bartender to throw Greece out of the EU bar before Greece could have the chance in consuming additional 100 more glasses of fine wine (and in the process, gotten more drunk)
Wouldn't that be wonderful for all parties?
Greece wouldn't have gotten such a devastating hangover, while those 100 glasses of fine wine could have been consumed by others?
In BBC Radio's most recent episode of "Hardtalk", they interviewed Prof. Yiannis Milios, top economic advisor for Greece's left-leaning Syriza party.
If you are interested in hearing what the Greeks have to say about the economic crisis, I suggest you dl the podcast of the hardtalk program
It's 24 minutes in length
http://downloads.bbc.co.uk/podcasts/worldservice/ht/ht_20120530-0130a.mp3