The system will fall
Sweetleaf
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Don't see how that's really relevant to what I said.
The natural response to having economic troubles isn't "bring the whole system down", that's just the type of hyperbolic rubbish that's only taken seriously by the sensible public in movies, and we're not in a movie.
The system is already bringing its self down, so it probably would not be nessisary for anyone to bring it down.......that's already happening. Also, what is with you and the movie comments?........don't think anyone here thinks they're in a film.
Not to mention its a little more than economic troubles.........that is just one of the problems.
Sweetleaf
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You don't write for the Daily Mail, do you?
Well the funny thing is in real life.........most people I talk to are also more or less fed up with the system. Random people at the bus stop, some of my family, most friends I have ect and even my Sociology professor. They also can see how the system is kind of falling on its own to.
Who are you to define sensible anyways? I don't think you're so sensible yourself.
You don't write for the Daily Mail, do you?
What the hell are you talking about? What's with these underhanded accusations? Why all this crap about how Sweetleaf is in a film and that cheap remark about the Daily Mail?
Saying a system will fall because it's having trouble in the current climate is utter nonsense, that's why. Yes, people are probably fed up at the moment, because the system has been run down by idiots, but now different idiots are trying to sort it out, and sooner or later the economy will improve; it's just a matter of when. The system won't fail completely just because of a recession. Hell, even the Great Depression didn't bring the whole thing down completely.
Therefore, the assumptions being made in this thread are just silly, and I'm poking a bit of fun at said assumptions, because you can't really expect people to take them seriously...
This isn't just hyperinflation or speculation. This is about mortgages. It's a sign of people being too poor to meet the demands of the system. You are ignoring the causes. 1% owns 20% of the wealth. That wasn't the case during the day of the Great depression. It is unsustainable.
Last edited by Gedrene on 15 Nov 2011, 11:55 am, edited 1 time in total.
Sweetleaf
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Therefore, the assumptions being made in this thread are just silly, and I'm poking a bit of fun at said assumptions, because you can't really expect people to take them seriously...
I think you are totally missing the point........besides this was predicted quite some time ago. Yes when I was in 9th grade I decided I wanted to figure out what communism/socialism was because I basically learned just that they where bad philosophies so I looked it up. And it would seem there is a prediction........from Karl Marx or someone related to the creation of those ideas about how eventually capitialism would choke on its on wealth and collapse.......hmm looks like that had some truth to it because things are going to sh*t. So this isen't something I just randomly thought of late one night I have been thinking about the state of things for years actually.
Also this is a bit more than a simple recession, 1% of the population has about 90% of the wealth........and that is BS!, how the hell is that going to be fixed without the system more or less collapsing? they aren't going to suddenly start building more factories to create products in the U.S to provide citizens with jobs..........and there aren't enough jobs for the population as it is, at least not jobs one can expect to make a living from. It does not look like things are going to be recovering anytime soon......just look at all the idiots we have in office.
i think that the value of money is notional. money is worth what people believe it is worth.
the concept, and utilization of "money" i believe is crucial to the workings of a complex society.
if you wish to buy a TV from a retailer who does not want to receive your pigs (or whatever else you can personally produce) as payment for it, then never will you be able to have one.
money is like "tokens". they have notional value, and that gives rise to a common agreement as to pricing structures and methods of payment, which makes it easy for consumers to get whatever they want with notional tokens, rather than provide (theirselves) the raw materials that the company they want a product from needs.
i think that a complete economic collapse may not be as unrecoverable from as the great depression.
there was devastation in the food bowl due to sand storms etc then, so real loses were incurred.
there will be no nullification of knowledge that the millions of bright people possess, and there will be not be any evaporation of hardware (houses and other structures).
it will just be that the banks will not be able to fund the "factory of the earth", and if that is the case, then degeneration will occur, but i think that the attitudes of the people that drive the "factory of the earth" will be ones of perseverance, and the chaos of "notional value systems" will become a priority in world affairs, but i think that there is a solution if speculation is firmly factored out.
i am finished talking about this.
the concept, and utilization of "money" i believe is crucial to the workings of a complex society.
Money is a convention. We have it because pure barter in a complex society is a practical impossibility.
ruveyn
Sweetleaf
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Don't know about that.......I've heard its closer to 90%, I don't think people would be that pissed off about 1% having 20% of the wealth that still means the majority has most what people where angry about I thought was that they control a huge chunk of it while everyone else is just kinda left to fend for themselves with small amounts left.......but I guess I'll read up on those precentages........I just think 20% seems a little low.
Sweetleaf
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the concept, and utilization of "money" i believe is crucial to the workings of a complex society.
Money is a convention. We have it because pure barter in a complex society is a practical impossibility.
ruveyn
It is also a great tool to ensure those on the bottom cannot hope to enjoy a decent quallity of life.......cause they don't got enough worthless paper for that.
Before the collapse of subprime mortgages, a few hedge fund managers predicted it and made billions. If you're so smart, you should have done the same. I'm sure you'd like capitalism a lot more then
Because Marxism works so well?
I'd love to know where the socialists are actually getting that BS statistic from, honestly.
Sweetleaf
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Before the collapse of subprime mortgages, a few hedge fund managers predicted it and made billions. If you're so smart, you should have done the same. I'm sure you'd like capitalism a lot more then
Because Marxism works so well?
I'd love to know where the socialists are actually getting that BS statistic from, honestly.
1. Because I am intelligent I should have somehow known something about hedge fund managers..whatever the hell that is and somehow have made billions so I could enjoy capitalism more and thus not disagree with you're oh so wonderful opinion on capitalism? seems like a crappy way to use my intelligence.
2. I did not say I thought Marxism would work as a better system, I said Marx predicted what would happen to capitalism.......and it seems that prediction is not too far off......hence the reason he was probably motivated to try and come up with another way to do things..........not that is way would be perfect either. The point with that is ever since I was in about 9th grade I started questioning things going on in my country and never again would simply trust whatever is said on t.v or in the news or whatever.
3. It seems to be what everyone is bitching about.........so I'll look it up, maybe those aren't perfectly accurate so I can certainly go get a more clear picture. But that is what we were talking about in sociology, though that might have been specifically the U.S or the World in general so I'll look that up again. But its not just 'socialists' who are fed up with things just so you know.
Sweetleaf
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At the same time we don't need false statistics or name-calling.
I was not tryig to post fals statistics, those are the statistics I have seen.......sorry if they were wrong. But I thought one of the main problems going on was a rather small amount of the population controls most of the worlds wealth and would like to keep it that way. I mean considering how many people belive this and some of what I have seen I belive that to be true.........but maybe 1% having 90% of the wealth is not quite exact I would imagine its somewhere close to that though.

