Thread: American Deficit

Originally Posted by Mes Tarrant

Yeah sure we're all worried, but we still drive around our fancy cars and live in our miniature palaces, right? I think we (as middle-class-or-above individuals) will be fine.

In any case, people looooooove reading about drama and possible failures and all that stuff. I swear, the world around me is one huge ball of exaggeration.

Actually, if the Great Depression is any indication of what could happen, the richer you are the worse off you will be. This is because poor people are used to being poor, and basically have nothing to lose. So my 100 dollar savings is worth half as much now. Big deal. Rich people have more to lose, and have no idea how to cope with poverty.

It's the end of the world! Well, perhaps not, but it's the end of economics!

I can't wait till anarchy sets in. Shouldnt be too long now......

Originally Posted by dragonoverlord

I can't wait till anarchy sets in. Shouldnt be too long now......

Anarchy will never set in, there will always be someone controlling people.

Originally Posted by Xaqaria

Actually, if the Great Depression is any indication of what could happen, the richer you are the worse off you will be. This is because poor people are used to being poor, and basically have nothing to lose. So my 100 dollar savings is worth half as much now. Big deal. Rich people have more to lose, and have no idea how to cope with poverty.

The more you start out with, the better off you will be. That will always be true. Rich people start out without debt and with more material goods. Poor people do have things to lose--their home, their car, etc. The stock market is not everything, if that's what you mean by your $100 being worth half as much; the same is true if you mean because of inflation.

Originally Posted by Moonbeam

The more you start out with, the better off you will be. That will always be true. Rich people start out without debt and with more material goods. Poor people do have things to lose--their home, their car, etc. The stock market is not everything, if that's what you mean by your $100 being worth half as much; the same is true if you mean because of inflation.

Well there is rich and then people who just think they are rich. People who live high end life styles but carry large amount of debt, often say they are rich but they are not. They are the ones who are really screwed.

Too bad.

...

... *Invests*



(First time I have ever used the pbjt banana)

~

Originally Posted by Moonbeam

But where? Europe's screwed too, in my opinion. I think it is inevitable that China and/or India is going to be running things in a few decades.

You're very right about that. China and India are emerging nations. As Donald Trump says "If you want to know how a country is doing, look at their building history" China now has more Starbucks than America and a few hundred skyscrapers...it wasn't but merely a decade or so ago when Shanghai was the place of China's only skyscraper. I'd put my money on the likely idea that America will lose their "superpower" status and that China or India will gain it. Nowhere to run Xox, nowhere to hide..

So where to go...where to go...

Originally Posted by Xox

So where to go...where to go...

You`re thinking in capitalist terms...

Originally Posted by Mes Tarrant

What would happen to all of the immigrants who come into the country? Would they start going elsewhere?

Anyway, I don't forsee having any difficult just... moving to a different country.

Probably come over here to England, every other freaking country does...

Originally Posted by NeAvO

Probably come over here to England, every other freaking country does...

You guys gave citizenship to an Antarctican .

Originally Posted by Spartiate

You guys gave citizenship to an Antarctican .

We are chumps when it comes to that sort of stuff -_-

Oh I seen pictures of england where on some street corners they have like 10 cameras all stacked up pointing in every direction. I heard from a lot of people they have cameras all over the place, especially in the big cities like london. Like on every single corner no matter where you go theres cameras watching you. In some places they can even see into businesses or homes.

Originally Posted by Alric

Oh I seen pictures of england where on some street corners they have like 10 cameras all stacked up pointing in every direction. I heard from a lot of people they have cameras all over the place, especially in the big cities like london. Like on every single corner no matter where you go theres cameras watching you. In some places they can even see into businesses or homes.

And yet, nobody cares...

Originally Posted by Spartiate

And yet, nobody cares...

no, not really

the vast majority of footage gets recorded, stored for a while, and dumped without anyone looking at it

(you'd need to employ a whole other country of people to actually review all the CCTV footage)

only time anyone looks at the cctv is when someone's been stabbed / run over

Originally Posted by Alric

Oh I seen pictures of england where on some street corners they have like 10 cameras all stacked up pointing in every direction. I heard from a lot of people they have cameras all over the place, especially in the big cities like london. Like on every single corner no matter where you go theres cameras watching you. In some places they can even see into businesses or homes.

Also on a more serious note, all the signs are in a foreign language specifically polish, with the smallest font imaginable in English under it.

Originally Posted by Alric

Well there is rich and then people who just think they are rich. People who live high end life styles but carry large amount of debt, often say they are rich but they are not. They are the ones who are really screwed.

Yes of course. You're not rich if you have a lot of debt.

Anarchy will never set in, there will always be someone controlling people.

It happend in spain for awhile they set up Anarchy during the civil war for awhile.

But i know im using the wrong word, for me Anarchy and Chaos mean the same thing atleast i use them interchangeably...What i really meant was Chaos though.

Originally Posted by dragonoverlord

It happend in spain for awhile they set up Anarchy during the civil war for awhile.

But i know im using the wrong word, for me Anarchy and Chaos mean the same thing atleast i use them interchangeably...What i really meant was Chaos though.

Still, any form of social disorder is very temporary. Just look at the centuries around the collapse of the western Roman empire, when barbarian invasions totally destroyed the infrastructure of classical western civilization. It was everyone for themselves for a little while, then small groups of armed men would take control of settlements, in exchange for protection. Settlements would battle each other and territory was gained. Eventually whole regions would come under the control of warlords. Villagers and warriors would swear oaths of loyalty to these warlords and feudalism was born, leading to the kingdoms of the Middle Ages.

If society collapses now, small factions would band together eventually growing into brand new societies.