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Old 04-04-2012, 15:28   #1
Ruble Noon
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MIT researchers predict ‘global economic collapse’ by 2030

http://news.yahoo.com/blogs/sideshow...190352944.html
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Old 04-04-2012, 15:50   #2
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It's all got to end sometime.


My money's on 21 December 2012, when the Mayan calender ends.

..

Last edited by JBnTX; 04-04-2012 at 15:51..
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Old 04-04-2012, 15:54   #3
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Originally Posted by JBnTX View Post
It's all got to end sometime.


My money's on 21 December 2012, when the Mayan calender ends.

..
i have found it funny ( for about 4 years ) that the mayan thing is not too long after our next presidential election.
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Old 04-04-2012, 16:37   #4
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Surprised we have that long. Maybe they figured the Obama is a one termer.
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Old 04-04-2012, 17:42   #5
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Club of Rome is an elite membership group that uses environmental scare tactics to subtly promote eugenics and world government, including world carbon taxes. This article is par for the course for anything they sponsor.

Notice they don't blame monetary policies, government policies, etc. They blame you for the coming collapse because you're a "useless eater" and you're using up all the resources and harming the planet. What's the solution then? Get rid of you.

Last edited by G19G20; 04-04-2012 at 17:44..
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Old 04-04-2012, 18:50   #6
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Well... Right conclusion, wrong premise. JMHO.
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Old 04-04-2012, 18:51   #7
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That long ? ......

.
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They'd created a vast, permanently unemployed underclass, dependent upon the Republic's stupendous welfare machine for its very existence, and in so doing, they'd sown the seeds of their own destruction. No one could place two-thirds of a world's population on the Dole and keep them there forever without the entire system crashing . . . but how in hell did one get them off the Dole? -David Weber, Flag in Exile
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Old 04-04-2012, 19:01   #8
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What happened to the predictions that all the poor people would die of AIDS and ebola before now and the rest of us will drown in rising oceans by then?

In short - so what?
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Old 04-05-2012, 07:10   #9
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no squat.
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Old 04-05-2012, 07:39   #10
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Do we have decades, years, or mere months? That is the real question.

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Old 04-05-2012, 08:12   #11
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That's crazy talk. Everyone knows that there is no problem regarding how much money that can be borrowed and/or owed, that can't be fixed by just printing more.

Do all these chicken littles not realize how much ink and paper we have in this country? Plenty to print enough money to pay all of our debts off threefold, at least.

Quit worrying. That's our kids and grandkids problems, anyway.
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Old 04-05-2012, 09:05   #12
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Economist Thomas Malthus tried to warn us back in the 1800's that eventually population growth relative to resources would eventually do us in.
http://en.wikipedia.org/wiki/An_Essa..._of_Population
Congratulations to China for cutting back on population growth. They saw the future and addressed it.
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Old 04-05-2012, 09:08   #13
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Quote:
Originally Posted by Guss View Post
Economist Thomas Malthus tried to warn us back in the 1800's that eventually population growth relative to resources would eventually do us in.
http://en.wikipedia.org/wiki/An_Essa..._of_Population
Congratulations to China for cutting back on population growth. They saw the future and addressed it.
Well, actually, without immigration, the United States would have near zero population growth, too.

But, we can't control third world birth rates, nor their immigration here, afterwards, apparently.
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Old 04-05-2012, 09:09   #14
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Quote:
Originally Posted by Guss View Post
Economist Thomas Malthus tried to warn us back in the 1800's that eventually population growth relative to resources would eventually do us in.
http://en.wikipedia.org/wiki/An_Essa..._of_Population
Congratulations to China for cutting back on population growth. They saw the future and addressed it.
Malthus never accounted for technological advancement in his doomsday prophesies, and he's an even bigger joke in economic circles than Bill Mitchell, Stephanie Kelton, JK Galbraith Jr., and that whole stupid MMT thing.
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Old 04-05-2012, 09:12   #15
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Quote:
Originally Posted by series1811 View Post
.......Quit worrying. That's our kids and grandkids problems, anyway.
But they get to pick our nursing homes ......



.........

.
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They'd created a vast, permanently unemployed underclass, dependent upon the Republic's stupendous welfare machine for its very existence, and in so doing, they'd sown the seeds of their own destruction. No one could place two-thirds of a world's population on the Dole and keep them there forever without the entire system crashing . . . but how in hell did one get them off the Dole? -David Weber, Flag in Exile
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Old 04-05-2012, 09:14   #16
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Originally Posted by aircarver View Post
But they get to pick our nursing homes ......



.........

.
No worries, there. They'll be putting pillows over our heads in our sleep when they figure out what we did to them.
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Old 04-05-2012, 10:06   #17
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Quote:
Originally Posted by Guss View Post
Economist Thomas Malthus tried to warn us back in the 1800's that eventually population growth relative to resources would eventually do us in.
http://en.wikipedia.org/wiki/An_Essa..._of_Population
Congratulations to China for cutting back on population growth. They saw the future and addressed it.
Why didn't we all starve to death in the 1960's?

_
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Old 04-05-2012, 10:17   #18
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We don't have that long.

The dollar will lose its reserve currency status during the next presidential term along with a few more credit downgrades. That will bring in hyperinflation and collapse society as we know it long before 2030.

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Old 04-05-2012, 10:33   #19
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Originally Posted by brickboy240 View Post
We don't have that long.

The dollar will lose its reserve currency status during the next presidential term along with a few more credit downgrades. That will bring in hyperinflation and collapse society as we know it long before 2030.

- brickboy240
Well, I don't see the USD losing its reserve currency status any time soon, mainly because there's no good alternative. The Yuan isn't ever going to be a reserve currency because China won't let it float nor will the ChiComs allow the kind of transparency required for it to happen. The Euro isn't because, well, Greece.
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Old 04-05-2012, 10:40   #20
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Many countries are already making plans to buy/sell crude oil, between themselves and not use the USD.

That is huge and once most of the world stops using the USD to buy crude oil....we are in serious trouble.

Again...do some research...this is already happening. Big media is largely ignoring it, too.

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