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keep it simple: slap up the price of gold and the word "bitchez" and end "this decade of economic history." for added effect put in the New Spalding Smailes icon in the lower right hand corner of the page.
Energy Crisis + Overpopulation = Catastrophe
What? You mean that we can't continue to operate our $25/bbl oil infrastructure on $100+/bbl oil AND increase our dependencies on the existing infrastructure (let alone increase its capacity)? That's not going to sell popcorn! </sarcasm>
It's not so much population size so much as it is about total consumption, but yeah, there's a close relationship there. NOTE: 2/3 of the worlds population lives on $3/day or less, I hardly doubt that these are the folks responsible for "our" (looming) hardships...
Of course they are. They've been called "useless eaters". :-)
Overpopulation? - what is this rubbish?
The world could support 2.5x MORE people if it were egalitarian. There is no overpopulation - there is OVERINDULGENCE from those who earn without effort.
Typical cultist - always trying to turn the blame back on humanity and ignoring the rather obvious flaws in this argument.
I presume you think there isn't enough wealth in Libyan oil for Gaddaffi to feed ALL his people too?
What documented evidence do you have of overpopoulation? - and tea party quotations from moronic Alaskan (ex) governers don't count.
The wealth-extraction effect:
Interesting deluge, but why detail the macroecoonomic reality with charts that rely on somewhat questionable sources for the base data? For example, how much of the celebrated US "productivity increase" is actually the result of demented financial machinations frantically orchestrated by the criminal elite who maliciously calibrate their disproportionate segment of the GDP into an orgasmic state of euphoric delusion?
That was poetry.
Pure, sweet poetry.
Most of the productivity increase has come from shipping labor overseas. Where it used to take 100 hours of labor to produce a durable in 1980 today it can be produced with less than 10 hours of labor.*
* - 10 hours American labor + 250 hours of Asian labor.
I'm looking for a different wealth. Thanks for your reply.
Yet, the workers in the United States are still the most productive in the world. (calculated with statistics not using foreign labor).
Now that was hot.
Should I just delete my browsing history or do you think I collected some dirty cookies from that too?
It would have been of more use to me if they would have charted the NEXT ten years.
But even after 10 years of market stagnation, the market is still a viable investment vehicle.
--TV market pumper
So the guy did this in 2011. Some charts show 2010. The family net worth and other charts—asset charts--end at 2007 when everything was sweet.
Good dog and pony show for liars and other Wall Street/DC sons of bitches.
If the 'official data' had all lined up, I would have been happier. As it is, one of the census studies stopped in 2004, and the Fed Survey happens only every few years. So I did the best I could with the data I had at hand. It's not perfect but I think it illustrates the main issues well enough.
Thanks for the comments :)
The Great Depression and Dow Jones Industrial Average
Check for yourself..Math never lies
For those interested in what China is doing internationally....a Facinating story on Chinese Imperialism in Africa....
A real eye-opener is the Percent Change Population vs. Employment by Age graph. Kind of makes a mess of the argument that "'illegals' are taking our jobs" given that the biggest increases by age group are those 55 and above (not the sterotypical younger "Mexican"). Next (and only) increase was for the 45 to 54 year olds.
And then there's the nice ramp up in GDP... either GDP is totally meaningless, or the increase has been carted off.
BTW - I hate scribd, what a piece of crap interface (have to scroll all over the place to get stuff displaying, only to scroll just a bit too far and then the complete page does a whiteout!)
So us baby boomers are taking all of the jobs right now. And to solve the "entitlement problem" we should pay more.
But wages gains are flat.
But if we all retire over the next ten years, there will be a shortage of workers. That will lead to wage inflation. If the workers have any say over their wages.
Will it be enough to reverse the flow from the rich to the workers? A union would be handy then. That is why the push to exterminate unions NOW!!
This part of the piece was the most controversial. I'm not advocating any particular strategy here, just pointing out the two options of either cuts or tax increases. The problem with ponzi systems is that they eventually collapse when less people are available to support those receiving the payouts. That is basically where we are as a society. Not only can the current retirees not actually retire due to the sham of the pension and 401k promises, but my generation and the one behind me won't be able to support the baby boomers even if we wanted to based upon simple mathematics.
I have already accepted that there will be no healthcare or retirement benefits for my generation. I am ok with that and thankfully am young enough to plan accordingly. I feel genuinely sorry for those current retirees who are stuck in a horribly planned system and don't have the time opportunity to adjust their retirement approach. I don't have a solution for this and I wish I did.
We can raise taxes on my generation, which is fine. But economics will show you this is counter productive. Taxes hurt savings and investment, which will slow economic growth, thereby working against increased tax revenues. It's not a good solution either.
"We have successfully used alternate inflation measures to show that the BLS data is not sound and does not reflect the prices that consumers face every day in America"
LPDM - "Little People Don't Matter "
How about a 10 year chart showing the % change of LPDM vs wage increases for the top 1%
4 data points to chart
# of Food stamp usage in U.S.
# of homes in foreclosure
# of homes underwater in valuation vs mortgage
# of unemployed u6
for extra points extrapolate where these trends will lead to
The path is clear if we but follow the trail.
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