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do you believe this is a bad omen?

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do you believe we're on the brink of a downturn?
yes, I do. :o 40%  40%  [ 4 ]
no, I don't, insufficient data. :roll: 30%  30%  [ 3 ]
I dunno? :shrug: 10%  10%  [ 1 ]
I wanna nice smooth gelato :chef: 20%  20%  [ 2 ]
Total votes : 10

auntblabby
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13 May 2016, 2:06 am

(clicky)unusual indicator may mean the tech bubble is bursting



naturalplastic
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13 May 2016, 10:34 pm

That seems to be a site devoted to survivalism. Its whole content consists of "signs of the end of the world".



auntblabby
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13 May 2016, 10:38 pm

is it possible they know something we don't?



naturalplastic
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14 May 2016, 8:43 am

My CNN start up page on Explorer always has clickbait articles about how "our think tank predicted everything that happened in the last 40 years. And we now predict that the whole economy will go kaput in eight weeks, blah blah." or famous tycoon so-and-so warns you about such-and-such.


There isnt enough time to read all of the gloom and doom articles on the web. Much less to assess them all.

You just have to ask yourself "why is THIS particular gloom and doom article any more credible then any of the other countless dire predictions made (usually to sell you some product, or to subscribe to some site so they can get advertising dollars)?"

I watched a VHS of a learning channel doc hosted by David McCallum in the 90's all about the then current prophecies of doom. It mentioned a best selling book entitled "5-5-2000" (the date that the author predicted the world would end). Ted Kennedy was supposed to be President, and San Francisco was supposed to fall into the sea before the year 2000.



xenocity
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14 May 2016, 10:02 pm

The tech bubble isn't bursting it's stabilizing after nearly 3 decades of rapid growth and change.

Nothing can grow that fast for that long, it's just not possible.

There is nothing wrong with stabilization of markets and countries as some make it out to be.


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15 May 2016, 12:38 am

I'm okay with a re-adjustment to the tech sector. San Francisco has been ruined into being a suburb (with private mass transportation) of Facebook and Google. It's also is the home of far, far too many tech start ups. It reached the point where people have 10-15 or more failed start ups on their resume and see it as a good thing because it means they have a knack for getting VC funding. At some point, that sort of house of cards - never actually making/doing something useful - has to come crashing down. My guess is that the big reboot will be when other investments start to look attractive again.


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auntblabby
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15 May 2016, 12:48 am

naturalplastic wrote:
My CNN start up page on Explorer always has clickbait articles about how "our think tank predicted everything that happened in the last 40 years. And we now predict that the whole economy will go kaput in eight weeks, blah blah." or famous tycoon so-and-so warns you about such-and-such. There isnt enough time to read all of the gloom and doom articles on the web. Much less to assess them all. You just have to ask yourself "why is THIS particular gloom and doom article any more credible then any of the other countless dire predictions made (usually to sell you some product, or to subscribe to some site so they can get advertising dollars)?" I watched a VHS of a learning channel doc hosted by David McCallum in the 90's all about the then current prophecies of doom. It mentioned a best selling book entitled "5-5-2000" (the date that the author predicted the world would end). Ted Kennedy was supposed to be President, and San Francisco was supposed to fall into the sea before the year 2000.

mebbe the author psychically sensed another dimension where all those things happened.



naturalplastic
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15 May 2016, 5:53 am

auntblabby wrote:
naturalplastic wrote:
My CNN start up page on Explorer always has clickbait articles about how "our think tank predicted everything that happened in the last 40 years. And we now predict that the whole economy will go kaput in eight weeks, blah blah." or famous tycoon so-and-so warns you about such-and-such. There isnt enough time to read all of the gloom and doom articles on the web. Much less to assess them all. You just have to ask yourself "why is THIS particular gloom and doom article any more credible then any of the other countless dire predictions made (usually to sell you some product, or to subscribe to some site so they can get advertising dollars)?" I watched a VHS of a learning channel doc hosted by David McCallum in the 90's all about the then current prophecies of doom. It mentioned a best selling book entitled "5-5-2000" (the date that the author predicted the world would end). Ted Kennedy was supposed to be President, and San Francisco was supposed to fall into the sea before the year 2000.

mebbe the author psychically sensed another dimension where all those things happened.


Mebbe all of those psychics I grew up hearing about in the Seventies who were predicting that San Francisco would literally fall into the sea were actually forseeing the bay area tech bubble burst. The psychics were taking their visions too literally. They were really sensing a future financial collapse, and not a geological collapse. Lol!

But there was article on the CNN start up page written by a think tank guy who claimed that "we predicted the rise of militant Islam, we correctly predicted Japan's bust decades ago (from which they never recovered), and so on. And his articles was pretty convincing that a financial crises is looming due to the fact that there is too much credit in circulation and not enough real cash money (its like a house of cards). But who knows? Even if its true - i personally cant do jack shitake mushrooms about it.



auntblabby
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15 May 2016, 5:55 am

naturalplastic wrote:
Even if its true - i personally cant do jack shitake mushrooms about it.


yeh, that's about the size of it for us 99%ers. :shrug: i'll just collect more music for as long as I can. :dj: