Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Helping the folks below...is just putting a band-aid on the problem.
System needs to be flushed of all this "bad" debt...
We need to start clean slate...if not, this will all just linger
Quote:
Originally Posted by HappyTexan
Americans won't go against the government. Just the opposite IMO, Americans will look to the government to intervene and solve all the problems.
Just look at what is happening today.."help the banks", "help the builders", "help the taxpayers" and now "help the homeowners".
Simple, a freefall crash would hurt banks, and what is the Federal Reserve? A group of banks. The ones who would benifit the most from a crash would be the lower working class who are used to scraping to get by, they would see prices falling to a point where they could actualy afford to buy what they could never afford before. Some will say that there would be no jobs, but that is not so, people may have to lower their standards somewhat, but overall I think it would be good for the country as a whole to have a reallity check. I think it may be the only thing that may save us.
Serious, Jim -- the hurt just starts at the bank. Then it rolls downhill hits the bottom the hardest.
From some real world background of what it looks like read through this forum thread about the economic collapse of Argentina. Starts a little slow, but is very DETAILED and grim.
So I guess people would rather delay the mess to their children than face the music now. I believe that a crash will wake people up and lead to more productivity.
So I guess people would rather delay the mess to their children than face the music now. I believe that a crash will wake people up and lead to more productivity.
Sort of a false choice, there.
ie, Choose: 1. Crash Hard Now. 2. Crash (Harder?) Later
Not to get too Eastern on you, but there is some thinking along the lines of "Between Two Evils, Choose Neither."
and the Converse:
"Between Two Goods, Choose Both."
But I do follow that Americans are highly conditioned to thinking that are usually only a choice between two bads . . .
Democrats or Republicans -- Both bad, choose neither.
Coke or Pepsi -- Both bad, choose neither.
on and on . . .
If you can break free from the mindset, it leaves you with a whole world of Good things to choose from, instead.
Location: Sitting on a bar stool. Guinness in hand.
4,428 posts, read 6,507,079 times
Reputation: 1721
Inconvience
Quote:
Originally Posted by Philip T
Sort of a false choice, there.
ie, Choose: 1. Crash Hard Now. 2. Crash (Harder?) Later
Not to get too Eastern on you, but there is some thinking along the lines of "Between Two Evils, Choose Neither."
and the Converse:
"Between Two Goods, Choose Both."
But I do follow that Americans are highly conditioned to thinking that are usually only a choice between two bads . . .
Democrats or Republicans -- Both bad, choose neither.
Coke or Pepsi -- Both bad, choose neither.
on and on . . .
If you can break free from the mindset, it leaves you with a whole world of Good things to choose from, instead.
The problem is PT that the good choices will require some short term pain or at least some major Inconvience
For Americans. And it seems most American are completely unconditioned to handle inconvience at this point.
You are correct that their are some great choices out there. But sometimes to get the end goal you have to for-go or sacrifice for that goal.
Serious, Jim -- the hurt just starts at the bank. Then it rolls downhill hits the bottom the hardest.
From some real world background of what it looks like read through this forum thread about the economic collapse of Argentina. Starts a little slow, but is very DETAILED and grim.
Then come back and say this would be good for ANY country. And the US would/will fall much harder.
Fearmongering about how letting the banking system stand on their own will cause the demise of civilization as we know it, is irresponsible. The truth is
you can not build anything on a foundation of quicksand. There is no artificial fix for an economy build on lies and debt. There is going to be alot of suffering because of what the banks and the goverment have done, there is no way to pretend there is an easy way out. We need to roll up our sleeves and begin to rebuild a broken system, but we cannot start until the sheeple get their head out of the sand and take a realistic look at the problem. People who keep saying there is no problem or there is an easy way out are only postponing the inevitable.
Instead of trying to prop up the current finance based economy, why not just let it collapse.
That isn't a bad idea at all. The only problem I see is a lack of leadership at all levels of government from city councils to the White House, and McCan't, Billary and Neo-bama-con aren't the answer.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Inconvience
