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The incoming economic break.
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35 / M / Utah
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Posted 12/17/07
As you know of in the United States the economy is going down hill this year and a few years ahead. If a part of the world is going through an economic break then it affects the world. The world’s economy is going down and up regularly so it’s natural, but it seems one of the largest economic problem is housing.

Everyone seems to be gambling on housing by buying worn down houses, refurbish them, and sell them at a high price. This is like when people in the U.S were gambling on the stock market in the 1920’s.

A small/medium/large economic problem, but common is we are contracting our money and now it’s recessing. In other words we are hogging our wealth and when we do that it leads to unemployment.

In The U.S 5% of the population holds 80% of the wealth and 60% of the population is in poverty.

If this 5% spends 50% of their money gradually (if too fast there will be inflation, and will cause more problems.) then one of the economic problems will be solved.

If there’s another topic like this then lock this one.

Are there any questions, comments, arguments?
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Posted 12/17/07
most likely u referring this to become the end of the world am i right?

Btw this is kinda common...like everyone says... "Money is the key to Greed"....
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Posted 12/17/07

zfpinoy wrote:

most likely u referring this to become the end of the world am i right?

Btw this is kinda common...like everyone says... "Money is the key to Greed"....


I know that's why I made this topic because it's a common issue.
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Posted 12/17/07
I dont wanna discuss about the economy....lolz... Im too tired... But I would think the world leaders would think of something productive that can save us... I hope...
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Posted 12/17/07

mikomiko123 wrote:

I dont wanna discuss about the economy....lolz... Im too tired... But I would think the world leaders would think of something productive that can save us... I hope...


One solution the world leaders I’ve already stated is if the 5% (in the U.S) of the population that already hold 80% (in the U.S) of the nation’s wealth could spend their gradually then it could help people out and boost the economy. If one part of the world’s economy is boosted then the rest of the world’s economy will boost as well.
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Posted 12/17/07

Zepher wrote:


mikomiko123 wrote:

I dont wanna discuss about the economy....lolz... Im too tired... But I would think the world leaders would think of something productive that can save us... I hope...


One solution the world leaders I’ve already stated is if the 5% (in the U.S) of the population that already hold 80% (in the U.S) of the nation’s wealth could spend their gradually then it could help people out and boost the economy. If one part of the world’s economy is boosted then the rest of the world’s economy will boost as well.

Ummm... Ok then....
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Posted 12/17/07
I think we should save up for only 1 thing and not 10 things. The flow of money will be faster. So spending is good, but not too much, and the same thing with saving up money.
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Posted 12/17/07

DoNotDisturb wrote:

Next stalking target *LOCK ON* LoL Jokes, I don't want mods to hate me do I?
Yes Yes I get it.. I will stay dead.

To stay on Topic: The incoming economic break is cool. LMFAO?


So why is this economic break cool. I'm just curious.
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Posted 12/17/07
Wonder what would happen if another country heard about this......?
(it's probably a stupid question but I'm going to post it anyways...)
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Posted 12/17/07

tacticsa2 wrote:

Wonder what would happen if another country heard about this......?
(it's probably a stupid question but I'm going to post it anyways...)


The world's know their economic problems most people are ignorant.
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Posted 12/17/07

Zepher wrote:


tacticsa2 wrote:

Wonder what would happen if another country heard about this......?
(it's probably a stupid question but I'm going to post it anyways...)


The world's know their economic problems most people are ignorant.


I see....the world might be better if most of those people are aware of that problem.....
Posted 12/17/07
Well all it will mean in a worst case scenario is a global depression like in 1929 with mass unemployment etc. But I highly doubt it will reach that low cos its not like this economic slowdown wasn't forseen unlike with the wall street crash.
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Posted 12/17/07

DoNotDisturb wrote:


Zepher wrote:


DoNotDisturb wrote:

Next stalking target *LOCK ON* LoL Jokes, I don't want mods to hate me do I?
Yes Yes I get it.. I will stay dead.

To stay on Topic: The incoming economic break is cool. LMFAO?


So why is this economic break cool. I'm just curious.


LoL I am joking around like always... you know...


How could you joke around about the future, so ghastly that for sure, you will be experiencing, if the economy really breaks down, and countries suffer... Do you think thats good to joke around with?
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35 / M / Utah
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Posted 12/17/07

tacticsa2 wrote:


Zepher wrote:


tacticsa2 wrote:

Wonder what would happen if another country heard about this......?
(it's probably a stupid question but I'm going to post it anyways...)


The world's know their economic problems most people are ignorant.


I see....the world might be better if most of those people are aware of that problem.....


Utah has the highest bankruptcy rate in the U.S and the state is taken action for those in high school has to go in the financial literacy class as I read in the Salt Lake Tribune.
Posted 12/17/07
Trouble with america is that it loans money around the world so if you guys go down you will drag a LOT of other countries with you
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