Log in

View Full Version : Its not gonna get better



RGacky3
1st November 2010, 17:42
http://www.huffingtonpost.com/2010/11/01/the-economy-is-growing-bu_n_776816.html

The rediculous thing is that you need 3% purpetual growth to just maintain the employment figures now, for it to get better oyu need 5%, which means that ultimately a new bubble will have to end up being made, which it will once speculation starts going up again, but if you pro-capitalists cannot see how this is wildly unsustainable I don't know what to tell you, I predict its gonna collapse again within the next couple of years, and collapse harder than before.

This is the major imbalance of capitalism, for workers to benefit at all, there needs to be so much growth and profit for the capitalist, that they are forced to hire more to keep up, there are only so many markets that exist, and when you make markets up, they'll collapse.

Mark my words, next couple of years, another bubble, another collapse, Capitalism is failing.

Nolan
1st November 2010, 17:46
Party's bout over. All their wealth, shiny buildings, and luxury is built on a house of cards.

ComradeMan
1st November 2010, 18:02
http://www.huffingtonpost.com/2010/11/01/the-economy-is-growing-bu_n_776816.html

The rediculous thing is that you need 3% purpetual growth to just maintain the employment figures now, for it to get better oyu need 5%, which means that ultimately a new bubble will have to end up being made, which it will once speculation starts going up again, but if you pro-capitalists cannot see how this is wildly unsustainable I don't know what to tell you, I predict its gonna collapse again within the next couple of years, and collapse harder than before.

This is the major imbalance of capitalism, for workers to benefit at all, there needs to be so much growth and profit for the capitalist, that they are forced to hire more to keep up, there are only so many markets that exist, and when you make markets up, they'll collapse.

Mark my words, next couple of years, another bubble, another collapse, Capitalism is failing.

The problem in Europe is that Europe, by and large, does not produce- it consumes. Hence capitalism "inventing" the credit market which has led to the current collapse. Madness!!!!!!!!!!

Ele'ill
1st November 2010, 18:02
http://images1.memegenerator.net/Courage-Wolf/ImageMacro/3416901/Are-we-ready-for-armored-vehicles-in-our-neighborhoods-Free-Cascadia-Liberated-Autonomous-area-of-th.jpg

RGacky3
1st November 2010, 19:23
Party's bout over. All their wealth, shiny buildings, and luxury is built on a house of cards.


No those guys are fine, its us thats screwed.


The problem in Europe is that Europe, by and large, does not produce- it consumes. Hence capitalism "inventing" the credit market which has led to the current collapse. Madness!!!!!!!!!!

Europe "produces" if by produce you mean controls capital that produces, also there is still a lot of wealth comming out of europe. What your talking about is a Capitalist myth used to justify lowering living standards of ordinary europeans.

The credit market has nothing to do with consuming more than producing.

ComradeMan
1st November 2010, 19:28
No those guys are fine, its us thats screwed.



Europe "produces" if by produce you mean controls capital that produces, also there is still a lot of wealth comming out of europe. What your talking about is a Capitalist myth used to justify lowering living standards of ordinary europeans.

The credit market has nothing to do with consuming more than producing.

Not really, it's a leftist argument put forward by Zygmunt Bauman.

RGacky3
1st November 2010, 19:36
I've heard it from right wigners but maybe he put it forward too.

Bud Struggle
1st November 2010, 20:05
No those guys are fine, its us thats screwed.


I would say you are spot on here. The wealthy in the US are WAY too wealthy. They really have no connection to you (or to me for that matter.)