The next Global Great Depression will happen 2030

Discussion in 'The Backstage' started by tazzboy, Apr 5, 2012.

  1. tazzboy

    tazzboy V.I.P. Member

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    according to MIT

    Next Great Depression? MIT researchers predict

     
  2. River

    River Senior Member

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    :run:

    Does that make you feel better or something?

    Yahoo! is in the ditch, by the way. What's that tell you?
     
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  3. djwilbanks

    djwilbanks V.I.P. Member

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    Gotta get out of this one first. :D
     
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  4. BigAl

    BigAl Senior Member

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    Give me a call when our resident economists and social scientists chime in.
     
  5. tazzboy

    tazzboy V.I.P. Member

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    Just thought people might want to get an early job on things.
     
  6. AstroCat

    AstroCat ★AstroBling★ V.I.P. Member MLP Vendor

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    who was that guy that said it was going to all fall apart in 2011, he had some kind of commercial on CNN and a youtube video along with his own website.... he said for everyone to invest in gold ect ect... said it would be chaos and riots in the streets....
     
  7. djwilbanks

    djwilbanks V.I.P. Member

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    Yeah, yeah, that was me... so, um, sorry about that.
     
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  8. tazzboy

    tazzboy V.I.P. Member

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    Harold Camping
     
  9. AstroCat

    AstroCat ★AstroBling★ V.I.P. Member MLP Vendor

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    yeah thats him!

    Harold is full of sxhit.
     
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  10. Malikon

    Malikon BigDumbMonkey V.I.P. Member

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    I'd assumed it was common knowledge that we're on an unsustainable course.

    Kind of obvious really.
     
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  11. tazzboy

    tazzboy V.I.P. Member

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    Well he was trying to predict the end of the world. Not another Great Depression Bling.
     
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  12. AstroCat

    AstroCat ★AstroBling★ V.I.P. Member MLP Vendor

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    He's still full of sxhit.
     
  13. tazzboy

    tazzboy V.I.P. Member

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    Well you won't get any argument from me on that.
     
  14. McLovin

    McLovin Senior Member

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    Who are you trying to kid? At the rate we are adding debt we wont last another 5 yrs.
    [​IMG]
    "We are accumulating debt at a rate of $3.7 billion per day, or $154 million per hour. No politician of either party, other than Ron Paul, has any plan to even moderate the spending, let alone make actual cuts. The CBO projections rolled out by these congressional weasels aren’t worth the paper they are printed on. The National Debt is on track to surpass $20 trillion in 2015 and $25 trillion by 2018. And this is before the Medicare and Social Security costs blast into orbit in 2020. Kicking the can down the road works until math catches up with you. It is insane to believe we can dig ourselves out of this debt induced mess with more debt, but empires tend to act insanely in their death throes."
     
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  15. Thumpalumpacus

    Thumpalumpacus Senior Member

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    Depression isn't that bad. It's the murderous rage that ... oh, wait, forget I said that.
     
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  16. KSG_Standard

    KSG_Standard Senior Member

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    There have been mass deaths periodically throughout history...where large chunks of the human population have been wiped out from war, disease, famine, etc. Examples would be:

    WWI and the Spanish Flue pandemic
    WWII
    An Lushan Rebellion
    Mongol Conquests
    Qing dynasty conquest of the Ming Dynasty
    The Black Plague
    Great Chinese Famine
    etc.

    I'm talking about mass deaths in the 10's of millions range...entire generations. We haven't had any events like these in a long time. We've eradicated some diseases, developed better treatments, precautions and prevention techniques for others...and avoided world wars since the last one. Although we've still got famines and millions of deaths from them...they aren't on the same scale as what China experienced from 1959-1962.

    We're living longer, procreating more and not killing each other at the same rate we used too. If we just look at history over the long term...unfortunately, maybe it's time fo another massive global catastrophe?
     
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  17. LPSGME

    LPSGME Senior Member

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  18. MineGoesTo11

    MineGoesTo11 Senior Member

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    No... the USA is the Saudi Arabia of natural gas! Get on board for the natural gas conversion!

    All hail the shale! 100 years of freedom

    Tar Sands All the way!! It's really bitumen!


    [​IMG]
     
  19. Thumpalumpacus

    Thumpalumpacus Senior Member

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    Especially once you consider the enormous numbers of people -- who in biological terms represent an incubator for microbial evolution -- and the speed of modern travel.
     
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  20. McLovin

    McLovin Senior Member

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    “The next Fourth Turning is due to begin shortly after the new millennium, midway through the Oh-Oh decade. Around the year 2005, a sudden spark will catalyze a Crisis mood. Remnants of the old social order will disintegrate. Political and economic trust will implode. Real hardship will beset the land, with severe distress that could involve questions of class, race, nation and empire. The very survival of the nation will feel at stake. Sometime before the year 2025, America will pass through a great gate in history, commensurate with the American Revolution, Civil War, and twin emergencies of the Great Depression and World War II.” – Strauss & Howe - The Fourth Turning
    YOU AIN’T SEEN NOTHING YET – PART ONE « The Burning Platform
     

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