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Is America going to collapse soon?

No, they are just going through a tough time
1 (20%)
Yes, they are in big trouble
2 (40%)
Do not know
2 (40%)
 
Total votes: 5
 
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WhipMaster
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Poll: Will America collapse soon?

Sun Aug 03, 2014 9:05 pm

1)Retailers are going out of business left, right, and center.
2)Detroit residents are getting their water cut off because they can't pay their bills.
3)U.S. infrastructure is collapsing.
4)The southern U.S. border is being over run with undocumented immigrants.
5)The U.S. is entwined in many military conflicts.
6)50 million U.S. citizens are on food stamps.
7)There is a real unemployment level of about 20 percent of American families do not have a single person that is working
8 )Banks are laying off mortgage professionals
9)The U.S. has privatized prisons and are legally obliged to keep them filled or face penalties.

..... not looking good.....or is it? :?:
Hoo~Cudda~Not~Nod~ed????? :-)
 
Austin
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Re: Poll: Will America collapse soon?

Tue Aug 05, 2014 11:10 am

Banks are laying off mortgage professionals?????

Doom. Dooooooom. DOOOM!
Redistribute consumption, not income.
 
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WhipMaster
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Re: Poll: Will America collapse soon?

Tue Aug 05, 2014 11:21 am

hahaha Austin, sitting at a taxi stand somewhere waiting or did you just get out of the casino? :lol:

The point of the layoffs is the U.S. gov't is telling the people about the big economic comeback and yet the banks are laying off mortgage professionals in droves. We all know that if real estate isn't doing well, the economy is sick. So a big lay off of mortgage professionals is a symptom of a failing economy.

I don't mind having to explain it to you....now carry on. C'mon 7 or 11!!! :P
Hoo~Cudda~Not~Nod~ed????? :-)
 
Austin
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Re: Poll: Will America collapse soon?

Tue Aug 05, 2014 5:11 pm

Riiight. The possibility that newer technology has automated 99% of what Mortgage Professionals do hasn't entered the equation at all.
Redistribute consumption, not income.
 
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WhipMaster
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Re: Poll: Will America collapse soon?

Tue Aug 05, 2014 6:48 pm

What? You mean they turned the mortgage professionals into taxi drivers/mortgage specialists ??? .... Brilliant!!! :P
Hoo~Cudda~Not~Nod~ed????? :-)
 
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Warren12
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Re: Poll: Will America collapse soon?

Thu Aug 07, 2014 2:29 pm

The US is probably in the best position they've been in since Sept 10, 2001. Not saying everything is coming up roses, but the rumours of their demise are greatly overstated, as usual.
 
Geyser
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Re: Poll: Will America collapse soon?

Thu Aug 07, 2014 3:53 pm

The US is probably in the best position they've been in since Sept 10, 2001. Not saying everything is coming up roses, but the rumours of their demise are greatly overstated, as usual.
Yeah, I'd hesitate to bet against the USA, unless I was one of a bunch of Vietnamese guys wearing black pajamas and carrying AK47s, but that was another story.
In fond memory of Taipan, a model of modesty, decency, dignity and tolerance. Long may we all prosper from the tremendous legacy of worldly wisdom and specialized real estate knowledge which he left in the "Arguments" thread.
 
westcoastfella
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Re: Poll: Will America collapse soon?

Thu Aug 07, 2014 4:05 pm

There hasn't been a good ol' tin-foil-hat thread for a while. Can't help but think of TheComingDepression when these pop up... good times.

America is unlikely to collapse. But say it did - the more interesting question is what would happen next? I can't help but think, that YOU think the rest of the world will just keep on going like normal... Vancouver homes will still be worth a million bucks (whatever a "buck" is by then), China will keep on producing millionaires lining up to spend their money here, everything will be hunky dory. Just no bad evil America getting in everyone's way!

One things for sure - you probably wouldn't be laughing at Taipan and his $1600 USD/oz gold anymore :wink:
 
Geyser
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Re: Poll: Will America collapse soon?

Fri Aug 08, 2014 10:27 am

I don't think America will collapse either. I do think they may have had their day in the sun and could be experiencing the early years of a long and uncomfortable decline when measured against other countries.

The Japanese experience has been informative, in the absence of catastrophies like world wars, their past couple of decades has been marked by economic malaise while neighboring countries prospered. I foresee a long and slow shifting of economic power away from the USA, particularly if the current "trickle up" (sic) economic policies continue to enrich the 0.01% as the middle class declines.

I'm not sure if Taipan has visions of trading his gold (if he has any) for wheelbarrows full of devalued dollars or trading it for ammunition and jerky, but if it's either I'm still laughing at him.

Let's follow the logic in either scenario:

(Scenario 1) The world collapses into a post apocalyptic state where Mad Max and a bunch of psychotic biker gangs control the streets and all essential supplies. Can you imagine a portly, middle-aged Taipan strolling up to the gang's fortified warehouse with a few bars of gold to trade for food and ammo? He'd be a lot safer starving to death in his spider hole.

(Scenario 2) Currencies collapse as governments create hyperinflation. Taipan's gold is now worth many multiples of today's price in nominal terms only. The amount of gold needed to buy a cup of coffee will likely be similar to the amount it takes today. "Ah yes" say the gold bugs, "it's worked as a store of value", but has it?

Keep in mind that he said he didn't take physical possession of it, if he actually has any gold it's probably stored at the Perth Mint, a mere two day drive from his home. This is the guy who claims to have bought gold because he doesn't trust the pieces of paper the government issues as currency. If he's not physically holding the gold, what is he holding? He's holding the equivalent of a promissory note assigning ownership to some gold which may or may not exist. And who issued the promissory note? The same government who issued the other pieces of paper he refuses to trust. Duuuuuuuh!

I'm old enough to remember when the US Government issued similar promissory notes which were exchangeable for a fixed amount of gold, they were called dollar bills! In God We Trust, government promises - not so much. :lol:
In fond memory of Taipan, a model of modesty, decency, dignity and tolerance. Long may we all prosper from the tremendous legacy of worldly wisdom and specialized real estate knowledge which he left in the "Arguments" thread.
 
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WhipMaster
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Re: Poll: Will America collapse soon?

Thu Aug 14, 2014 7:16 pm

Hoo~Cudda~Not~Nod~ed????? :-)
 
 
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WhipMaster
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Re: Poll: Will America collapse soon?

Fri Aug 15, 2014 12:13 pm

fawk... I am depressed now... :lol:
Hoo~Cudda~Not~Nod~ed????? :-)
 
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instigator
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Re: Poll: Will America collapse soon?

Fri Aug 15, 2014 12:38 pm

they're fucked now.

after vietnam, no one is scared of them. after iraq/afghanistan even fewer are

the usa is owned by bankers. the people are just slaves and pawns now being outsourced for some time now all in the name of more profit for corporations/banks

the government is just a sideshow to keep people divided and entertained and distracted

like sports and celebrities

republican or democrat, they work for the same people

the riots that happened in Europe will look miniscule in comparison to what's going to happen in USA
 
westcoastfella
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Re: Poll: Will America collapse soon?

Fri Aug 15, 2014 12:50 pm

they're fucked now.

after vietnam, no one is scared of them. after iraq/afghanistan even fewer are

the usa is owned by bankers. the people are just slaves and pawns now being outsourced for some time now all in the name of more profit for corporations/banks

the government is just a sideshow to keep people divided and entertained and distracted

like sports and celebrities

republican or democrat, they work for the same people

the riots that happened in Europe will look miniscule in comparison to what's going to happen in USA
thank god we live in Canada, where we'll be completely immune to this impending catastrophe... :roll:
 
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instigator
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Re: Poll: Will America collapse soon?

Fri Aug 15, 2014 12:58 pm

what are you talking about? everyone loves Canada :mrgreen:

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