Economy explode

SO EVERY ONE SAYS EVERY ONES MONEY IS GOING DOWN, WHATS GONNA HAPPEN?

I say this thread should be for realistic and/or absurd predictions of the world/local economy in the next 5-50 years (you can pick the time span)

I say that all countries money will keep plummeting in value except for mexico and china, who will magically finaly have a stable economy and all other countries will reach a stage of depression and failure of their government and economies. The distribution and shipment routes will fall apart so much that Africa will finally be able to have an equal grounds for shipping exports and imports and will also rise as an economic power house. america will sucking on the teets of chinas exports and japan's technology developments. Australia will stay the same doing jack shit like they always do. South America will continue it's greener and become independent. (not all countries, but places like Brazil and Chile etc.) Japan will use synthetic material to triple it's size will continuously expand with the same density that is tokyo, and eventually out number china but with a higher efficiency. India, Dubai and some other countries I'm unsure of will lead in developments of substantial efficiencies of agricultural crops in small spaces, developing skyscrapers where ever floor is powered with renewable energy and will grow enough crops for millions of people in a few square acres of land. This will be used a lot in japans tokyo dense metropolis, in exchange they will sell and spread their own renewable innovations to those countries. America will be left out of most of these deals, china will be making most everything they need and America's wheat belt will collapse due to the fact it's no longer needed.

lol, ok guys I don't know what I'm doing just being silly.

AmeroDollar. End of.

I hope so, and I hope they make huge underwater 600 mph trains that go from east coast to europe/uk

- India will eclipse China as the global superpower (due to fallout from China's one-child policy and lack of natural resources).

- canada will eclipse the US in terms of economic growth and standard of living, due in part to the effects of global warming

- some sort of nuclear attack/disaster will have a big impact

I feel that the human fear of a nuclear disaster is so global and deep that I'm not TOO worried about such things. I know it's definitely still possible at any moment. Obama is trying to work with Iran and North Korea now about Nuclear Weaponry to ease some tension that should be helpful, but Obama isn't some magic ointment we can just rub all over the globe to cure every thing, he's over hyped in that way.

why mexico?

the economy will recover in the middle of this year

  lumpenprol said:

- some sort of nuclear attack/disaster will have a big impact

Current:

US, UK, France, China, Russia, India, Israel, Pakistan

Coming Soon:

Iran, N.Korea

Choose your side!

Choose your side!

Choose your side!

Choose your side!

The situation will stabalise. There is too much at stake for those involved, it is a necessary re-shuffle after a long period of unnatural growth. At worst we will see other governments go the same way as Iceland, and possibly see Russia and China flexing a bit of muscle whilst everyone is distracted. But everyone wants this to go away. And it will, but it might take 2-10 years.

  Quote

but Obama isn't some magic ointment we can just rub all over the globe to cure every thing, he's over hyped in that way.

this sentence made me lol.

lol@global warming

Maybe this recession or whatever you might be calling it, is going to regroup people and wipe out borders, which means there will finally be one world, one Utopian world, a Brave New World, something we will finally, politically, enthusiastically be able to embrace and love. This downfall in our era is going to unite the clash of cultures. It will at last enlighten politicians over the world, that by separating greedy states it is not going to work out, and we will all die because of some lack of water.

i am not sure about what you all think, but i believe that the Global Warming theory is quite cultish and will lead to propaganda esque control schemes..

Now there is word that all four major global temperature tracking outlets have released data showing that temperatures have dropped significantly over the last year. California meteorologist Anthony Watts says the amount of cooling ranges from 65-hundredths of a degree Centigrade to 75-hundreds of a degree.

That is said to be a value large enough to erase nearly all the global warming recorded over the past 100 years. It is reportedly the single fastest temperature change ever recorded — up or down.

Some scientists contend the cooling is the result of reduced solar activity — which they say is a larger driver of climate change than man-made greenhouse gases.

-Brit Hume

Global Warming is another propaganda strategy. "Green" logos are slowly creeping into society and mainstream media. Pretty soon, we'll have huge corporations controlling our itemization according to their standards of production. Green Green Green

http://www.dailytech.com/Temperature+Monit...rticle10866.htm

Daily Tech states:

World Temperatures according to the Hadley Center for Climate Prediction. Note the steep drop over the last year.Twelve-month long drop in world temperatures wipes out a century of warming

Over the past year, anecdotal evidence for a cooling planet has exploded. China has its coldest winter in 100 years. Baghdad sees its first snow in all recorded history. North America has the most snowcover in 50 years, with places like Wisconsin the highest since record-keeping began. Record levels of Antarctic sea ice, record cold in Minnesota, Texas, Florida, Mexico, Australia, Iran, Greece, South Africa, Greenland, Argentina, Chile -- the list goes on and on.

No more than anecdotal evidence, to be sure. But now, that evidence has been supplanted by hard scientific fact. All four major global temperature tracking outlets (Hadley, NASA's GISS, UAH, RSS) have released updated data. All show that over the past year, global temperatures have dropped precipitously.

A compiled list of all the sources can be seen here. The total amount of cooling ranges from 0.65C up to 0.75C -- a value large enough to wipe out most of the warming recorded over the past 100 years. All in one year's time. For all four sources, it's the single fastest temperature change ever recorded, either up or down.

Scientists quoted in a past DailyTech article link the cooling to reduced solar activity which they claim is a much larger driver of climate change than man-made greenhouse gases. The dramatic cooling seen in just 12 months time seems to bear that out. While the data doesn't itself disprove that carbon dioxide is acting to warm the planet, it does demonstrate clearly that more powerful factors are now cooling it.

Let's hope those factors stop fast. Cold is more damaging than heat. The mean temperature of the planet is about 54 degrees. Humans -- and most of the crops and animals we depend on -- prefer a temperature closer to 70.

Historically, the warm periods such as the Medieval Climate Optimum were beneficial for civilization. Corresponding cooling events such as the Little Ice Age, though, were uniformly bad news.

Update 2/27: The graph for HadCRUT (above), as well as the linked graphs for RSS and UAH are generated month-to-month; the temperature declines span a full 12 months of data. The linked GISS graph was graphed for the months of January only, due to a limitation in the plotting program. Anthony Watts, who kindly provided the graphics, otherwise has no connection with the column. The views and comments are those of the author only.

That was interesting. Great post.

  Etch said:

That was interesting. Great post.

agreed.

Scientists quoted in a past DailyTech article link the cooling to reduced solar activity which they claim is a much larger driver of climate change than man-made greenhouse gases. The dramatic cooling seen in just 12 months time seems to bear that out. While the data doesn't itself disprove that carbon dioxide is acting to warm the planet, it does demonstrate clearly that more powerful factors are now cooling it.

Global warming still has truths, the bull shit claiming that it's theory is only to promote liberal/democratic agenda is total shit.

there are always spikes downwards now and then, the sun does this. Even global warming supports coolor temperatures in some areas etc.

I think a 1 winter spike doesn't disprove anything when we only have a few hundred years of records etc. the article is interesting though I will say that. I don't agree on global warming being cultish, and even if it is, being for renewable resources and using less energy doesn't seem like something that could really harm the economy/culture etc. that much. Oh well.

The great thread heist of '09!

least favorite member. sorry dude.

  Glass Plate said:

SO EVERY ONE SAYS EVERY ONES MONEY IS GOING DOWN, WHATS GONNA HAPPEN?

 

I say this thread should be for realistic and/or absurd predictions of the world/local economy in the next 5-50 years (you can pick the time span)

 

 

I say that all countries money will keep plummeting in value except for mexico and china, who will magically finaly have a stable economy and all other countries will reach a stage of depression and failure of their government and economies. The distribution and shipment routes will fall apart so much that Africa will finally be able to have an equal grounds for shipping exports and imports and will also rise as an economic power house. america will sucking on the teets of chinas exports and japan's technology developments. Australia will stay the same doing jack shit like they always do. South America will continue it's greener and become independent. (not all countries, but places like Brazil and Chile etc.) Japan will use synthetic material to triple it's size will continuously expand with the same density that is tokyo, and eventually out number china but with a higher efficiency. India, Dubai and some other countries I'm unsure of will lead in developments of substantial efficiencies of agricultural crops in small spaces, developing skyscrapers where ever floor is powered with renewable energy and will grow enough crops for millions of people in a few square acres of land. This will be used a lot in japans tokyo dense metropolis, in exchange they will sell and spread their own renewable innovations to those countries. America will be left out of most of these deals, china will be making most everything they need and America's wheat belt will collapse due to the fact it's no longer needed.

 

lol, ok guys I don't know what I'm doing just being silly.

resources gone all over, people with guns control stuff.

right I think climate deserves attention and a well considered (passive) plan to moderate human impact regardless. I also support EXTREME caution in significant human meddling in climate control.

  ex-voto said:

Maybe this recession or whatever you might be calling it, is going to regroup people and wipe out borders, which means there will finally be one world, one Utopian world, a Brave New World, something we will finally, politically, enthusiastically be able to embrace and love. This downfall in our era is going to unite the clash of cultures. It will at last enlighten politicians over the world, that by separating greedy states it is not going to work out, and we will all die because of some lack of water.

I'm in support of a violent overthrow of the worlds governments and corporations. Who's with me?

Awww c'mon. Be a part of the thread that started a revolution.

Plz :)

i just want to sit at home with my synths and not deal with any of this shit.

PLNAET X

Mendelbrot thinks we're fucked.

Taleb may be right about some things, but it's hard to tell, because he's so full of himself, and that video isn't particularly coherent and nor is his work. The conciliation of banks, increasing the impacts of shocks, and the paucity of decent predictions, or their complete impossibility, are the only fairly useful things he's written about.

Basically, the banks need their capital back, after they themselves lost it, so they are happy to start lending again, which will in turn stimulate economic growth. So, it depends how much they've lost, and how strong an economy is, because as that economy (read: you and I) is going to bail them out the banks, the economy will be in debt to whoever the government's lending money off. If you've got a weak economy it's unlikely anyone's going to lend you money.

This may not be a huge problem for productive economies, and the the US is certainly productive, perhaps the most productive. But take iceland: they gained huge amounts of capital via these sub-prime mortgages and other dodgy financial instruments, and they are in far more difficulty because iceland isn't renown for its productive and innovative economy - investors have much less faith in iceland's ability to pull itself out of crisis, and are less likely to invest in iceland while it unfucks itself.

Let's not forget this affects China, too. Where did China gain most of its money? Exporting goods to the US/EU. Now the US/EU is in financial difficulty, it import less from China, which in turn damages China's economy. China has recently experienced worker riots after job loses.

In fact, as the US/EU is one of the world's largest importers of goods, and there's no other economy strong enough to take over that honour, the crisis troubles every country. So, this is not like the other financial crises when investors sought to pull their captial out of japan, east asia, the uk, etc to place it elsewhere, leaving that country royally fucked; we're all fucked, which is perversely a lot better than just one of us being fucked.