If the economy really does implode

[brand]

. In fact their survivalists would probably be doing little internal dances of joy.

Not an internal dance. They will be dancing round a fire cooking humans on a spit. One they shot that morning when they went out hunting for one!

 

[User6179]

How long have they been saying that? The fact that they don't give a date means they can never be wrong.
When did capitalism start? As soon as we moved from hunter gathers to farming? Although some would say that if hunter gathers traded then that was capitalism.
Not sure why globalisation would result in the demise of capitalism.

It was from some book from the early 1900s I think that predicts that Capitalism cant work , that it will eventually implode , Greece might be a good indicator of what will happen to the rest of us eventually .

 

[brand]

It was from some book from the early 1900s I think that predicts that Capitalism cant work

As I said they can never be wrong. This is the ultimate proof early 1900 and still hasn't happened.

Greece might be a good indicator of what will happen to the rest of us eventually .

Why bring Greece into it? Are they all starving there, doesn't look like it to me. Looks more like a recovery is in progress. Now if they started paying their tax's and dealt with the corruption then it will happen a bit quicker.

 

[User6179]

As I said they can never be wrong. This is the ultimate proof early 1900 and still hasn't happened.

Why bring Greece into it? Are they all starving there, doesn't look like it to me. Looks more like a recovery is in progress. Now if they started paying their tax's and dealt with the corruption then it will happen a bit quicker.

Some of the predictions have already happened ,at the present time savers are paying for debtors , I doubt this can continue .

 

[brand]

Some of the predictions have already happened ,at the present time savers are paying for debtors , I doubt this can continue .

Are you saying that is start point in this book? How are savers paying for debtors?

 

[User6179]

Are you saying that is start point in this book? How are savers paying for debtors?

I think in 2012 it said in the UK that going by the average interest rate for previous years that savers had lost something like 8 billion in interest payments and debtors had saved about 5 billion because the interest rate was being kept artificially low despite the rate of inflation .

 

[John the Monkey]

Did you mean to post this in Café, the "light and fun off-topic forum where we don't take things too seriously"?

 

[User6179]

Did you mean to post this in Café, the "light and fun off-topic forum where we don't take things too seriously"?

Better here than the Dark Side

 

[mrandmrspoves]

Are these stupid voters the ones who don't agree with you?

I am not so arrogant as to believe that anyone who has different political beliefs to my own is stupid.
I am arrogant enough to believe that many people who have different political beliefs to me are stupid.

 

[User6179]

I am not so arrogant as to believe that anyone who has different political beliefs to my own is stupid.
I am arrogant enough to believe that many people who have different political beliefs to me are stupid.

Make your mind up

 

[mrandmrspoves]

Make your mind up

Read the 2 statements carefully! They don't say the same thing.

 

[User6179]

Read the 2 statements carefully! They don't say the same thing.

I was joking

 

[Gravity Aided]

Abraham Lincoln said
"It will all become one thing."
Choose wisely.

 

[pawl]

• What will we all do?
• How will we get by?
• Who will be the world power?

I must say that the economic world as we no it i well and truly over, everything is bankrupt and all the banks are doing is trying to get us into as much debt as possible,so that the rich few can take control of our assets thus have control over you and I.

Go cycling more frequently?

 

[brand]

I think in 2012 it said in the UK that going by the average interest rate for previous years that savers had lost something like 8 billion in interest payments and debtors had saved about 5 billion because the interest rate was being kept artificially low despite the rate of inflation .

CPI is 1.3%, (October) below the bank of England allowed rate. At this rate of inflation the Bank of England is required to lower interest rates.
RPI is 2.3% under international accounting standards RPI is not acceptable measure of inflation. RPI is updated every 10 years the replacement RPI is lower close to CPI. But the government is to scared to bring it in.
All economic revolution have had periods of disinflation. Agricultural, Industrial and transport revolution. There is no reason to believe that inflation will rise significantly. The 5% inflation that we had early this decade was staggeringly low if you take into account the inherently inflationary increase in the money supply.
At the moment I am getting 6% 5% and 3.75% interest on my savings.
Obviously everybody inflation rate is not the same. For instance the working class are effected more by rises in utility bills and food prices.
By debtors who do you actually mean? I can assure you that includes people with mortgages.