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2nd Great Depression is here. (Read 11367 times)
perceptions_now
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Re: 2nd Great Depression is here.
Reply #60 - Jun 22nd, 2011 at 1:21pm
 
longweekend58 wrote on Jun 22nd, 2011 at 9:25am:
perceptions_now wrote on Jun 21st, 2011 at 11:11pm:
perceptions_now wrote on Jun 20th, 2011 at 8:10pm:
I can see it now, LW's response is, I'm right (which he definitely is, of centre) & your wrong.


longweekend58 wrote on Jun 21st, 2011 at 11:13am:
perceptions_now wrote on Jun 20th, 2011 at 7:48pm:
longweekend58 wrote on Jun 20th, 2011 at 6:35pm:
so in summary... your predictions were wrong, just as I said. The USA didnt go into depression and we didnt go into recession nor did our house market crash.

I was right, you were wrong.


You definitely have a problem with comprehension, as well as the 3 R's Reading, wRiting & aRithmetic!  

Sorry, I almost forgot, the LW future prediction is that the next 20 years, will be the same as the last 20 years?????????


its quite simple: your predictions failed miserably and mine were pretty much spot-on. it IS that simple.


Well LW, looks like my prediction was pretty good, yet again!

And that pretty much sums you up, "your wrong & I'm right".

Problem is that statement is not backed up by any logical argument or resume of facts.

For example, the article I wrote titled " What is the Motor of the World and why is it stopping?" encompasses much of the reasoning behind my thoughts on the current & future of Economics.

Where is your reasoning, beides I'm right & your wrong???

It's nowhere!    



my reasoning is simple. ON the basis of our predictions, yours were almost totally wrong and mine were almost totally correct. it is that simple. you predicted depression in the USA and deep recession here plus a house price crash. so... did that happen or not?


Congratulations LW, you are a true idiot!
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longweekend58
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Re: 2nd Great Depression is here.
Reply #61 - Jun 22nd, 2011 at 6:01pm
 
Why? because my predictions were right and yours were wrong? surely that makes YOU the idiot.
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AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..."
 
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perceptions_now
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Re: 2nd Great Depression is here.
Reply #62 - Jun 22nd, 2011 at 10:40pm
 
longweekend58 wrote on Jun 22nd, 2011 at 6:01pm:
Why? because my predictions were right and yours were wrong? surely that makes YOU the idiot.


Because your position has no reasoning, beides I'm right & your wrong???

It's nowhere!  
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Sir lastnail
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Re: 2nd Great Depression is here.
Reply #63 - Jun 23rd, 2011 at 12:17pm
 
longweekend58 wrote on Jun 22nd, 2011 at 6:01pm:
Why? because my predictions were right and yours were wrong? surely that makes YOU the idiot.


You missed out predicting the GFC, the biggest event of all !! Your predictions are sh.t !!
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"If you take out Saddam, I guarantee you that it will have enormous positive reverberations on the region..." - Benjamin Netanyahu in 1995
 
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perceptions_now
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Re: 2nd Great Depression is here.
Reply #64 - Jun 23rd, 2011 at 12:23pm
 
Sir lastnail wrote on Jun 23rd, 2011 at 12:17pm:
longweekend58 wrote on Jun 22nd, 2011 at 6:01pm:
Why? because my predictions were right and yours were wrong? surely that makes YOU the idiot.


You missed out predicting the GFC, the biggest event of all !! Your predictions are sh.t !!


Are you sure about that?

I would have said, LW's predictions were sh!t!
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longweekend58
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Re: 2nd Great Depression is here.
Reply #65 - Jun 23rd, 2011 at 12:39pm
 
perceptions_now wrote on Jun 22nd, 2011 at 10:40pm:
longweekend58 wrote on Jun 22nd, 2011 at 6:01pm:
Why? because my predictions were right and yours were wrong? surely that makes YOU the idiot.


Because your position has no reasoning, beides I'm right & your wrong???

It's nowhere!  


why does there have to be reasoning in such a  simple matter? My predictions were right and yours were wrong. it is that SIMPLE.

I did have my reasoning at the time and stil do. But as if to underline the point, the fact my predictions were accurate would imply my reasoning was superior to yours.
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AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..."
 
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Sir lastnail
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Re: 2nd Great Depression is here.
Reply #66 - Jun 23rd, 2011 at 1:04pm
 
longweekend58 wrote on Jun 23rd, 2011 at 12:39pm:
perceptions_now wrote on Jun 22nd, 2011 at 10:40pm:
longweekend58 wrote on Jun 22nd, 2011 at 6:01pm:
Why? because my predictions were right and yours were wrong? surely that makes YOU the idiot.


Because your position has no reasoning, beides I'm right & your wrong???

It's nowhere!   


why does there have to be reasoning in such a  simple matter? My predictions were right and yours were wrong. it is that SIMPLE.

I did have my reasoning at the time and stil do. But as if to underline the point, the fact my predictions were accurate would imply my reasoning was superior to yours.


Yes but your's are not predictions because you always predict things after they have happened Smiley LOL
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"If you take out Saddam, I guarantee you that it will have enormous positive reverberations on the region..." - Benjamin Netanyahu in 1995
 
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Sir lastnail
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Re: 2nd Great Depression is here.
Reply #67 - Jun 23rd, 2011 at 1:05pm
 
perceptions_now wrote on Jun 23rd, 2011 at 12:23pm:
Sir lastnail wrote on Jun 23rd, 2011 at 12:17pm:
longweekend58 wrote on Jun 22nd, 2011 at 6:01pm:
Why? because my predictions were right and yours were wrong? surely that makes YOU the idiot.


You missed out predicting the GFC, the biggest event of all !! Your predictions are sh.t !!


Are you sure about that?

I would have said, LW's predictions were sh!t!


yes badweekend's predictions are total BS Wink
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"If you take out Saddam, I guarantee you that it will have enormous positive reverberations on the region..." - Benjamin Netanyahu in 1995
 
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longweekend58
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Re: 2nd Great Depression is here.
Reply #68 - Jun 23rd, 2011 at 5:12pm
 
Sir lastnail wrote on Jun 23rd, 2011 at 1:05pm:
perceptions_now wrote on Jun 23rd, 2011 at 12:23pm:
Sir lastnail wrote on Jun 23rd, 2011 at 12:17pm:
longweekend58 wrote on Jun 22nd, 2011 at 6:01pm:
Why? because my predictions were right and yours were wrong? surely that makes YOU the idiot.


You missed out predicting the GFC, the biggest event of all !! Your predictions are sh.t !!


Are you sure about that?

I would have said, LW's predictions were sh!t!


yes badweekend's predictions are total BS Wink


yeah because for years Ive been saying there would be no depression and USA would probably go into a recession and then recover with a small chance of a repeat recession before slowly climbing out. I also said australia would not go into recession.

Funnily enough I was right! and while you morons have been predicting a housing crash for 5 years i predicted continued rises or plateaus and... again. I WAS RIGHT.

so I find your posturing and that of nedwin/pinhead to be laughable. youve both been monstrously wrong and for some time.

some people never learn...
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AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..."
 
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Sir lastnail
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Re: 2nd Great Depression is here.
Reply #69 - Jun 23rd, 2011 at 7:49pm
 
longweekend58 wrote on Jun 23rd, 2011 at 5:12pm:
Sir lastnail wrote on Jun 23rd, 2011 at 1:05pm:
perceptions_now wrote on Jun 23rd, 2011 at 12:23pm:
Sir lastnail wrote on Jun 23rd, 2011 at 12:17pm:
longweekend58 wrote on Jun 22nd, 2011 at 6:01pm:
Why? because my predictions were right and yours were wrong? surely that makes YOU the idiot.


You missed out predicting the GFC, the biggest event of all !! Your predictions are sh.t !!


Are you sure about that?

I would have said, LW's predictions were sh!t!


yes badweekend's predictions are total BS Wink


yeah because for years Ive been saying there would be no depression and USA would probably go into a recession and then recover with a small chance of a repeat recession before slowly climbing out. I also said australia would not go into recession.

Funnily enough I was right! and while you morons have been predicting a housing crash for 5 years i predicted continued rises or plateaus and... again. I WAS RIGHT.

so I find your posturing and that of nedwin/pinhead to be laughable. youve both been monstrously wrong and for some time.

some people never learn...


Now that the arse is falling out of the property market you do what you always do and give a running commentary and then call that a prediction in hindsight. You really kid yourself mate.

Everyone except you knows that the property market in Australia was being propped up by the labor stimulus package and now that it has filtered through we are now going through what the rest of world experienced after the GFC. Property bubbles have burst everywhere and Australia is no exception.

Get out there and start talking to business owners and they will tell you that there is no money in the economy. Steve Keen is spot on when he says that the Middle Class is debt ridden with mortgages up to their neck and no longer has any spare income capacity to fuel the economy. Whereas your so called prediction is just optimistic rhetoric you'd expect from property spruikers looking to justify there next easy commission on their next house sale.

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"If you take out Saddam, I guarantee you that it will have enormous positive reverberations on the region..." - Benjamin Netanyahu in 1995
 
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longweekend58
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Re: 2nd Great Depression is here.
Reply #70 - Jun 23rd, 2011 at 8:19pm
 
Sir lastnail wrote on Jun 23rd, 2011 at 7:49pm:
longweekend58 wrote on Jun 23rd, 2011 at 5:12pm:
Sir lastnail wrote on Jun 23rd, 2011 at 1:05pm:
perceptions_now wrote on Jun 23rd, 2011 at 12:23pm:
Sir lastnail wrote on Jun 23rd, 2011 at 12:17pm:
longweekend58 wrote on Jun 22nd, 2011 at 6:01pm:
Why? because my predictions were right and yours were wrong? surely that makes YOU the idiot.


You missed out predicting the GFC, the biggest event of all !! Your predictions are sh.t !!


Are you sure about that?

I would have said, LW's predictions were sh!t!


yes badweekend's predictions are total BS Wink


yeah because for years Ive been saying there would be no depression and USA would probably go into a recession and then recover with a small chance of a repeat recession before slowly climbing out. I also said australia would not go into recession.

Funnily enough I was right! and while you morons have been predicting a housing crash for 5 years i predicted continued rises or plateaus and... again. I WAS RIGHT.

so I find your posturing and that of nedwin/pinhead to be laughable. youve both been monstrously wrong and for some time.

some people never learn...


Now that the arse is falling out of the property market you do what you always do and give a running commentary and then call that a prediction in hindsight. You really kid yourself mate.

Everyone except you knows that the property market in Australia was being propped up by the labor stimulus package and now that it has filtered through we are now going through what the rest of world experienced after the GFC. Property bubbles have burst everywhere and Australia is no exception.

Get out there and start talking to business owners and they will tell you that there is no money in the economy. Steve Keen is spot on when he says that the Middle Class is debt ridden with mortgages up to their neck and no longer has any spare income capacity to fuel the economy. Whereas your so called prediction is just optimistic rhetoric you'd expect from property spruikers looking to justify there next easy commission on their next house sale.



2-6%

a price correction.

happened before dozens of times

will happen again.

and you will STILL be renting next to pansi.
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AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..."
 
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Sir lastnail
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Re: 2nd Great Depression is here.
Reply #71 - Jun 23rd, 2011 at 9:58pm
 
longweekend58 wrote on Jun 23rd, 2011 at 8:19pm:
2-6%

a price correction.

happened before dozens of times

will happen again.

and you will STILL be renting next to pansi.


so the price correction has finished and prices are going to plateau or rise again  Cheesy LOL
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"If you take out Saddam, I guarantee you that it will have enormous positive reverberations on the region..." - Benjamin Netanyahu in 1995
 
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GoddyofOz
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Re: 2nd Great Depression is here.
Reply #72 - Jun 24th, 2011 at 2:52am
 
If a Depression does begin, it will begin with the collapse of Greece. That country is the flashpoint, in my opinion.
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"A Conservative is a man who just sits and thinks, mostly just sits." - Woodrow Wilson.

True Patriotism is serving your country all the time, and serving your Politicians when they deserve it.
 
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Ex Dame Pansi
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Re: 2nd Great Depression is here.
Reply #73 - Jun 24th, 2011 at 7:04am
 
longweekend<<yeah because for years Ive been saying there would be no depression and USA would probably go into a recession and then recover with a small chance of a repeat recession before slowly climbing out. I also said australia would not go into recession.>>
......................................................................

LOL @ you on the basis of:

U.S. NATIONAL DEBT CLOCK

The Outstanding Public Debt as of 23 Jun 2011 at 09:01:45 PM GMT is:
$ 1 4 , 3 4 8 , 2 5 7 , 7 6 0 , 7 7 8 . 9 9


The estimated population of the United States is 310,807,457
so
each citizen's share of this debt is $46,164.46.


The National Debt has continued to increase an average of
$3.92 billion per day since September 28, 2007!



and LOL @ you again on the basis of you not having a clue what's going on outside of your remote village.
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"When the power of love overcomes the love of power, the world will know peace." Hendrix
andrei said: Great isn't it? Seeing boatloads of what is nothing more than human garbage turn up.....
 
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Sir lastnail
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Re: 2nd Great Depression is here.
Reply #74 - Jun 24th, 2011 at 1:00pm
 
GoddyofOz wrote on Jun 24th, 2011 at 2:52am:
If a Depression does begin, it will begin with the collapse of Greece. That country is the flashpoint, in my opinion.


The reserve banks will just keep printing more money and lending it to dead beat economies just to buy more time without fixing anything.  Eventually they will have to face their day of reckoning in a much worse financial state Sad
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"If you take out Saddam, I guarantee you that it will have enormous positive reverberations on the region..." - Benjamin Netanyahu in 1995
 
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