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geekhack Community => Off Topic => Topic started by: redpill on Fri, 30 September 2011, 14:49:21

Title: Understand The Economy in 50 Minutes
Post by: redpill on Fri, 30 September 2011, 14:49:21

Tired of conflicting news stories that don't make sense of the madness going on in financial markets, politics, and the broader world economy?  Wish there was a concise way to understand what is going on today?

I recommend listening to this interview, conducted by Chris Martenson of former House Representative and OMB Director David Stockman.  If more people understood what they discuss in this interview, we might have a chance to turn things around.

http://media.chrismartenson.com/audio/david-stockman-2011-09-30.mp3

Title: Understand The Economy in 50 Minutes
Post by: Ekaros on Fri, 30 September 2011, 15:14:36

So when are we supposed to pay back all that loaned money?

Title: Understand The Economy in 50 Minutes
Post by: Ekaros on Fri, 30 September 2011, 15:17:51

Quote from: ripster;424206

I recommend Finland keep sticking it to the Germans.  WWII payback.

Nah, they just burned Lapland, mostly no one even lives there... It's US who messed our changes...

Title: Understand The Economy in 50 Minutes
Post by: Ekaros on Fri, 30 September 2011, 15:21:09

Quote from: ripster;424214

You're just mad because we prefer iPhones to Nokias.

Apple is the classic new American industry.   Lots of income.  100% outsourced manufacturers.  Few jobs.  Lots of creative hipsters among the few that do work there.

I blame you for sabotaging Nokia, damm Elop... But shouldn't you stop trolling and stay on topic?

Title: Understand The Economy in 50 Minutes
Post by: Ekaros on Fri, 30 September 2011, 15:24:49

Quote from: ripster;424219

You're the one that said "we".  I assumed you meant Finland and were representing the European view of the world economy.

Umm, both US and EU are deep in debt, so how is one suppoused to get rid of it?

Title: Understand The Economy in 50 Minutes
Post by: noodles256 on Fri, 30 September 2011, 15:38:01

Quote from: ripster;424230

I recommend screwing over the old people.  In the USA they pull our in Social Security than they ever paid in.  We call that a Ponzi scheme after some Italian.

Never trust Italians.
(Attachment) 27653[/ATTACH]

i only trust one italian

sanchez

Title: Understand The Economy in 50 Minutes
Post by: itlnstln on Fri, 30 September 2011, 16:22:29

Quote from: noodles256;424233

i only trust one italian

sanchez

Sanchez?  I bet he's dirty.

I certainly don't think he's Italian.

Title: Understand The Economy in 50 Minutes
Post by: itlnstln on Fri, 30 September 2011, 17:44:56

He gets his carpets cleaned by Cleveland Steamer.

Title: Understand The Economy in 50 Minutes
Post by: Soarer on Sat, 01 October 2011, 09:39:29

Kodak is a classic American company. Oops (http://www.google.com/finance?q=NYSE%3AEK).

$40 to 78 cents...

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