US Stocks Plummet

[pault]

http://www.breitbart.com/news/2007/02/27/D8NIA9980.html

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

It's the beginning of the end for the US dollar. Actually, it's the end of the end. It's days have officially been numbered since August 15, 1971. The world oil supply can not continue to meet the demands of a fully developed China and US. The illegal and unjustified war on terror is simply an excuse to grab the oil rich lands in the Middle East before it is too late. But it already is. Instead of spending hundreds of billions on this stupid war, we should have invested in alternate fuels and agricultural wealth.

[rushrock]

That's what I think...

 

 

 

 

 

 

 

We're at the end of the peanut butter jar of oil, as my Tech Ed teacher once said. We're merely scraping the sides of the jar...

[pault]

What will you do after the collapse?

 

 

 

 

 

 

 

http://www.lifeaftertheoilcrash.net/Ind ... erTwo.html

[Adam007]

Would you stop screaming apocalypse? This in no way is a real crash in the sense that it won't recover. Stocks hit an all time high and have been going up for a long time now. They had to take a fall eventually, and a lot of things culminated at once today, so it dropped.

[____]

MaxMax :ohnoes:

[Barihawk]

My money is in oil, the strongest currency.

 

 

 

 

 

 

 

I also doubt the dollar will collapse anytime soon. Just because it is worth less than the Euro doesn't mean it will die.

 

 

 

 

 

 

 

The Chinese still own the US currency, it's not like they sold it for Euros, which would be a bad thing.

[das1330]

when oil supply peaks, people will be pouring BILLIONS upon BILLIONS into alternate energy, and it will be a short period of time before alternate fuel cars come out from that point. humans have a way of springing back from losses, and americans with 100m+ cars has plenty to lose. and plenty deep pockets for research. oil will be of negligable importance long before we run out.

[Celt23]

I hates the economy.

 

 

 

 

 

 

 

It's so freaking unstable.

 

 

 

 

 

 

 

I need not say more.

[kido14]

I hates the economy.

 

 

 

 

 

 

 

It's so freaking unstable.

 

 

 

 

 

 

 

I need not say more.

 

 

 

 

 

 

 

You need not say anything at all. Why post if you don't know what you're talking about? This is example of someone who posts on every topic even if it isn't contributing anything to the thread just for post count/recognition

 

 

 

/rantoff Apologies to Celt and whoever else reads this

 

 

 

 

 

 

 

Anyways, someone said oil companies pay other companies to stop researching alternate forms of energy on here earlier. Is that true? I find that kind of hard to believe.

[Barihawk]

I wouldn't doubt it at all.

 

 

 

 

 

 

 

Our family still owns several wells, but all our next vehicle purchases...well, since my car is the oldest I guess MY next vehicle purchase will be a car that can take Ethanol.

 

 

 

 

 

 

 

Fully support alternative fuels (my entire city of 400,000 is 60% wind fueled :)).

[Celt23]

 

I hates the economy.

 

 

 

 

 

 

 

It's so freaking unstable.

 

 

 

 

 

 

 

I need not say more.

 

 

 

 

 

 

 

You need not say anything at all. Why post if you don't know what you're talking about? This is example of someone who posts on every topic even if it isn't contributing anything to the thread just for post count/recognition

 

 

 

/rantoff Apologies to Celt and whoever else reads this

 

 

 

 

 

 

 

Anyways, someone said oil companies pay other companies to stop researching alternate forms of energy on here earlier. Is that true? I find that kind of hard to believe.

 

 

 

 

 

 

 

FYI, I do know what I am talking about. The economy is trash. Capitalism is such an unstable thing. It should be replaced by a newer system (no not communism or socialism, those are unstable too).

[Defender2516]

Greed Kills the economy.

 

 

 

 

 

 

 

~Defender~

[gonpost]

 

 

I hates the economy.

 

 

 

 

 

 

 

It's so freaking unstable.

 

 

 

 

 

 

 

I need not say more.

 

 

 

 

 

 

 

You need not say anything at all. Why post if you don't know what you're talking about? This is example of someone who posts on every topic even if it isn't contributing anything to the thread just for post count/recognition

 

 

 

/rantoff Apologies to Celt and whoever else reads this

 

 

 

 

 

 

 

Anyways, someone said oil companies pay other companies to stop researching alternate forms of energy on here earlier. Is that true? I find that kind of hard to believe.

 

 

 

 

 

 

 

FYI, I do know what I am talking about. The economy is trash. Capitalism is such an unstable thing. It should be replaced by a newer system (no not communism or socialism, those are unstable too).

 

 

 

 

 

 

 

The problem is not capitalism. It is the capitalists.

[Continuum]

Problem: US Dollar is slowly collapsing.

 

 

 

 

 

 

 

Solution: Move to Britain. It's the perfect country for gamers because it always rains, people have cool accents, and it's currency isn't slowly going down the drain.

 

 

 

 

 

 

 

Drawbacks: None

[Celt23]

 

 

 

I hates the economy.

 

 

 

 

 

 

 

It's so freaking unstable.

 

 

 

 

 

 

 

I need not say more.

 

 

 

 

 

 

 

You need not say anything at all. Why post if you don't know what you're talking about? This is example of someone who posts on every topic even if it isn't contributing anything to the thread just for post count/recognition

 

 

 

/rantoff Apologies to Celt and whoever else reads this

 

 

 

 

 

 

 

Anyways, someone said oil companies pay other companies to stop researching alternate forms of energy on here earlier. Is that true? I find that kind of hard to believe.

 

 

 

 

 

 

 

FYI, I do know what I am talking about. The economy is trash. Capitalism is such an unstable thing. It should be replaced by a newer system (no not communism or socialism, those are unstable too).

 

 

 

 

 

 

 

The problem is not capitalism. It is the capitalists.

 

 

 

 

 

 

 

Without capitalism you don't have capitalists.

[unknownmasterofnothing]

I heard on the tv that it was a good thing, but i wasn't paying attention to why.

[Adam007]

Greed Kills the economy.

 

 

 

 

 

 

 

~Defender~

 

 

 

Oversimplify much? While greed is perceived as a bad thing, it in no way kills the economy. People's desire to make more and more money helps the economy if anything.

[gonpost]

 

 

 

 

I hates the economy.

 

 

 

 

 

 

 

It's so freaking unstable.

 

 

 

 

 

 

 

I need not say more.

 

 

 

 

 

 

 

You need not say anything at all. Why post if you don't know what you're talking about? This is example of someone who posts on every topic even if it isn't contributing anything to the thread just for post count/recognition

 

 

 

/rantoff Apologies to Celt and whoever else reads this

 

 

 

 

 

 

 

Anyways, someone said oil companies pay other companies to stop researching alternate forms of energy on here earlier. Is that true? I find that kind of hard to believe.

 

 

 

 

 

 

 

FYI, I do know what I am talking about. The economy is trash. Capitalism is such an unstable thing. It should be replaced by a newer system (no not communism or socialism, those are unstable too).

 

 

 

 

 

 

 

The problem is not capitalism. It is the capitalists.

 

 

 

 

 

 

 

Without capitalism you don't have capitalists.

 

 

 

 

 

 

 

Not entirely...you won't have people practicing capitalism, if that's what you mean. There will always be people who support it.

 

 

 

 

 

 

 

But yes, part of capitalism is going up and down, powers shifting, "progress" being made. It gives freedom for such things as economic downturns and likewise periods of extremely rapid growth (just think the 90's).

 

 

 

 

 

 

 

I used to be really into socialism, and then I researched the topic a bit more...I've gained an appreciation for what capitalism can do. Believe it or not, the way the government in the US does it now works quite well (They regulate business instead of owning many of them like in socialism). There are pro's and con's to both... My only big big complain is the medical system and the drug companies, only one of which can really be dealt with. People just abuse the system so much it's incredible.

[Defender2516]

 

Greed Kills the economy.

 

 

 

 

 

 

 

~Defender~

 

 

 

Oversimplify much? While greed is perceived as a bad thing, it in no way kills the economy. People's desire to make more and more money helps the economy if anything.

 

 

 

 

 

 

 

Greed Helps?

 

 

 

 

 

 

 

Well, since you believe greed improves the economy, proof please.

 

 

 

 

 

 

 

If it does, i'll go out and start hoggin things for myself. Of course.. don't really see how thats helping my neighbors.

 

 

 

 

 

 

 

Once again, show me proof.

 

 

 

 

 

 

 

~Defender~

[Bobthefishy]

 

 

I hates the economy.

 

 

 

 

 

 

 

It's so freaking unstable.

 

 

 

 

 

 

 

I need not say more.

 

 

 

 

 

 

 

You need not say anything at all. Why post if you don't know what you're talking about? This is example of someone who posts on every topic even if it isn't contributing anything to the thread just for post count/recognition

 

 

 

/rantoff Apologies to Celt and whoever else reads this

 

 

 

 

 

 

 

Anyways, someone said oil companies pay other companies to stop researching alternate forms of energy on here earlier. Is that true? I find that kind of hard to believe.

 

 

 

 

 

 

 

FYI, I do know what I am talking about. The economy is trash. Capitalism is such an unstable thing. It should be replaced by a newer system (no not communism or socialism, those are unstable too).

 

 

 

 

 

 

 

And what exactly would you suggest? I don't see many better governments. I also love the "fairweather fans" of the government. George Bush got reelected so he must have done something right, yet all I hear is bashing. Most people wanted a war with Iraq until they saw what happened. Next time, elect someone more fit if you don't like his decisions.

[Celt23]

 

 

 

I hates the economy.

 

 

 

 

 

 

 

It's so freaking unstable.

 

 

 

 

 

 

 

I need not say more.

 

 

 

 

 

 

 

You need not say anything at all. Why post if you don't know what you're talking about? This is example of someone who posts on every topic even if it isn't contributing anything to the thread just for post count/recognition

 

 

 

/rantoff Apologies to Celt and whoever else reads this

 

 

 

 

 

 

 

Anyways, someone said oil companies pay other companies to stop researching alternate forms of energy on here earlier. Is that true? I find that kind of hard to believe.

 

 

 

 

 

 

 

FYI, I do know what I am talking about. The economy is trash. Capitalism is such an unstable thing. It should be replaced by a newer system (no not communism or socialism, those are unstable too).

 

 

 

 

 

 

 

And what exactly would you suggest? I don't see many better governments. I also love the "fairweather fans" of the government. George Bush got reelected so he must have done something right, yet all I hear is bashing. Most people wanted a war with Iraq until they saw what happened. Next time, elect someone more fit if you don't like his decisions.

 

 

 

 

 

 

 

We don't know yet. One day in the future we might be laughing at the inferiority of our capitalist or socialist economies.

[Celt23]

 

 

 

 

 

I hates the economy.

 

 

 

 

 

 

 

It's so freaking unstable.

 

 

 

 

 

 

 

I need not say more.

 

 

 

 

 

 

 

You need not say anything at all. Why post if you don't know what you're talking about? This is example of someone who posts on every topic even if it isn't contributing anything to the thread just for post count/recognition

 

 

 

/rantoff Apologies to Celt and whoever else reads this

 

 

 

 

 

 

 

Anyways, someone said oil companies pay other companies to stop researching alternate forms of energy on here earlier. Is that true? I find that kind of hard to believe.

 

 

 

 

 

 

 

FYI, I do know what I am talking about. The economy is trash. Capitalism is such an unstable thing. It should be replaced by a newer system (no not communism or socialism, those are unstable too).

 

 

 

 

 

 

 

The problem is not capitalism. It is the capitalists.

 

 

 

 

 

 

 

Without capitalism you don't have capitalists.

 

 

 

 

 

 

 

Not entirely...you won't have people practicing capitalism, if that's what you mean. There will always be people who support it.

 

 

 

 

 

 

 

But yes, part of capitalism is going up and down, powers shifting, "progress" being made. It gives freedom for such things as economic downturns and likewise periods of extremely rapid growth (just think the 90's).

 

 

 

 

 

 

 

I used to be really into socialism, and then I researched the topic a bit more...I've gained an appreciation for what capitalism can do. Believe it or not, the way the government in the US does it now works quite well (They regulate business instead of owning many of them like in socialism). There are pro's and con's to both... My only big big complain is the medical system and the drug companies, only one of which can really be dealt with. People just abuse the system so much it's incredible.

 

 

 

 

 

 

 

Personally I prefer socialism over capitalism. One example of socialism being a bit better than capitalism is the 1929 Wall Street crash and the Great Depression (capitalism) and FDR's New Deal (socialism) pulling America out of it.

 

 

 

 

 

 

 

Also all government owned buissiness and such (like the Postal Service and Army) is socialism.

[Adam007]

 

 

Greed Kills the economy.

 

 

 

 

 

 

 

~Defender~

 

 

 

Oversimplify much? While greed is perceived as a bad thing, it in no way kills the economy. People's desire to make more and more money helps the economy if anything.

 

 

 

 

 

 

 

Greed Helps?

 

 

 

 

 

 

 

Well, since you believe greed improves the economy, proof please.

 

 

 

 

 

 

 

If it does, i'll go out and start hoggin things for myself. Of course.. don't really see how thats helping my neighbors.

 

 

 

 

 

 

 

Once again, show me proof.

 

 

 

 

 

 

 

~Defender~

 

 

 

What do you mean, proof? That's like asking me to prove that people with motivation are more likely to succeed. You just don't prove these kinds of things. I'm sorry if the premise that people who have a drive to make money are likely to help an economy just doesn't work for you. But then again, I could just flip things around, and ask you to find me proof that people's desire to accumulate wealth is bad for an economy.

[pault]

Problem: US Dollar is slowly collapsing.

 

 

 

 

 

 

 

Solution: Move to Britain. It's the perfect country for gamers because it always rains, people have cool accents, and it's currency isn't slowly going down the drain.

 

 

 

 

 

 

 

Drawbacks: None

 

 

 

 

 

 

 

 

 

 

 

Sounds good. They even have somewhat reasonable marijuana laws over there.

 

 

 

 

 

 

 

 

 

 

 

when oil supply peaks, people will be pouring BILLIONS upon BILLIONS into alternate energy, and it will be a short period of time before alternate fuel cars come out from that point. humans have a way of springing back from losses, and americans with 100m+ cars has plenty to lose. and plenty deep pockets for research. oil will be of negligable importance long before we run out.

 

 

 

 

 

 

 

 

 

 

 

By the time people realize that everything is going down the toilet, the BILLIONS won't be worth the paper they're printed on.

[zeekyhbomb]

3% is not a plummet. The Stock Market has been going up for years, its finally a reliable thing to put your money into, which it really hadn't been for years before 2002. You can't expect something to keep going up without going down, it had a stumble, you cant call it a plummet, all the news articles and television segments are outrageous. Its a bump it a booming market.