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Economic Crisis
Topic Started: April 6, 2009, 5:53 pm (150 Views)
Liam
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What are you thoughts on the current global economic crisis?
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Neo
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The Juiced Anomaly
My thoughts? It's gonna take a hell of a long time to finish, if the present situation continues. Most of our leaders are more interested in biting each other instead of getting a kick between the pants and realizing that working together is the only way to get this thing finished. If they work together, then it will be over within two years. But if they keep rejecting bills and threatening others, then who knows? Maybe even a decade.
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pokegirl_g
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I still somehow don't understand how or why it started. Completely Stupid.
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Neo
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Basically it went like this: High population => high utilization of resources => low raw materials => increase in prices => increase in wages demand => increase in prices

on and on till BOOM!
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ziNc
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uɐǝs
Neo, that was the most simplest yet effective explanation of the economic crisis that I've ever seen posted. :P
I think we'll pull through and everything will be back to normal within 5 years, unless they get all bi**** and start messing things up again.
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Sirius Rose
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It had a lot to do with loaning money to people that couldn't afford it too.
It's so messed up... how can something like this happen, its complete madness.
I would hate to be the leader of one of the big countries now... how much must your job suck right now? Saying that, atleast they still have a job!!!
Edited by Sirius Rose, April 7, 2009, 8:17 am.

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Neo
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ziNc
April 7, 2009, 1:46 am
Neo, that was the most simplest yet effective explanation of the economic crisis that I've ever seen posted. :P
I think we'll pull through and everything will be back to normal within 5 years, unless they get all bi**** and start messing things up again.
It's that simple. The way newspapers blow it, people look at it like some sort of dread disease. Of course, it is serious but the cause and effect chain is quite simple. I worked it out in 8th grade when we first started studying economics.
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Voodoo
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Say wha? o_O
Meh..... Kuz, you know my thoughts....being laid off with a kid and wife to take care of....as of right now...the world is screwed....id check back in 4/5 years.....the worlds in a recession and the US decides to raise prices on smokes...America is lead by f*cking retards..a pack of fairly cheap smokes a month ago was 3.50$ now...that same pack is 8.75$...
Edited by Voodoo, April 7, 2009, 6:18 pm.
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KamikazeHD
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Stop putting gay things here.
It will be over soon enough.
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Sic Semper Tyrannis
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supercolour.
I believe the situation will get worse before it'll start going up again.
romance.fatal needs to give me the PSD to his signature. :)
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