Russian Professor Predicts End of U.S
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Originally posted by freedomclub:
This problem is universal. Too many examples to use.
Anyway, we arent far off as well.
We maybe near, but they will always be ahead of us as they are problem makers....... Sad to say this but is a true fact....
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True, but I was talking about the state of the people. Its sad that most people are uncomfortable having their illusionary worldview shattered, and hence, dismiss any challenging viewpoints even without trying to rationally argue their way out of it.
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Originally posted by freedomclub:
True, but I was talking about the state of the people. Its sad that most people are uncomfortable having their illusionary worldview shattered, and hence, dismiss any challenging viewpoints even without trying to rationally argue their way out of it.
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But they have chosen their govt. It's their choice....
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What can you do? They're politicians, and they're all from the same bad stock, wherever in the world you go.
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wow.....guess i should move back to malaysia or sg soon...-.- but yes this theory is very VERY possible.......i live here in ny for almost 10 years and this recent 2-3 years was terrible..............all i can say is that the economy went wrong.....it will collapse soon.....everything i buy here so expensive.......a Mcdonald meal or fried rice or watever will cost me about $6......that really pissed me off......it used to cost like $4 bucks a few years ago.......but the guy predicts this at the end of 2010 june....i think its kinda early,maybe a few more years I just hope obama is not the next bush....
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ED, u need to pray harder for that.....
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i will pray but these few days ive been thinking about leaving u.s...........maybe moving back to home country.....it might be a good decision since this russian guy predicted this u.s collapsing stuff
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Up and downfall is a natural phenomenon, if we look back at history, which dynasty, tribe, empire, govt or ruler last forever, not the hans, khans, british, romans, greece etc etc can do that. So it is not surprise that USA will come down in time from it superpower ranking. As the saying goes, "what goes up, will come down" it just how long can you stay up there. Same to all organisations, not much organisation can last for a century, sony, coca cola, etc etc may end in time to come.
Whatever it is, when some one goes down, someone will come up, just a matter of time, for yesterday is a past we should learn from, tomorrow is the future we should plan well ith what we learned from the past, as for today, is a gift, that is why it is called " present" Cherish it.
Happy new year
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Originally posted by angel7030:
Up and downfall is a natural phenomenon, if we look back at history, which dynasty, tribe, empire, govt or ruler last forever, not the hans, khans, british, romans, greece etc etc can do that. So it is not surprise that USA will come down in time from it superpower ranking. As the saying goes, "what goes up, will come down" it just how long can you stay up there. Same to all organisations, not much organisation can last for a century, sony, coca cola, etc etc may end in time to come.
Whatever it is, when some one goes down, someone will come up, just a matter of time, for yesterday is a past we should learn from, tomorrow is the future we should plan well ith what we learned from the past, as for today, is a gift, that is why it is called " present" Cherish it.
Happy new year
yes...ever since when we went to school during our early pri days
already master up and downfall
teacher ask u to sit means better sit and stand up u better up sia
so everyday up and fall liao
why bother about wat that old man say?
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Originally posted by noahnoah:
yes...ever since when we went to school during our early pri days
already master up and downfall
teacher ask u to sit means better sit and stand up u better up sia
so everyday up and fall liao
why bother about wat that old man say?
Uncle, why u like to go back to tong lian time ar?? today is different, we want to stand or sit is our problem, and we can also question the teacher instead of he/she questioning us. We also got a complain room in the school web for us or parents to make complains and comments, all these will affect the teacher performances. -
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If you want to use stereotypes to argue, then why are you even posting in this forum. You should be out shopping, if you're a girl, or gaming if you're a guy.
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Capitalism’s worst crisis since the 1930s
http://www.isreview.org/issues/62/
A system on the edge
http://www.isreview.org/issues/62/rep
A crisis of capital
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If obama is assasinated, than it may become true.
But with Obama president, I can foresee USA being a happier country. Yes We Can.
If McCain had won, and things were the same as Bush's era, than it may come true.
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wow so ur a suppporter of obama
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Originally posted by skythewood:
If obama is assasinated, than it may become true.
But with Obama president, I can foresee USA being a happier country. Yes We Can.
If McCain had won, and things were the same as Bush's era, than it may come true.
Saying so makes it so.
Everyone, quick, start saying "Yes We Can [stop the political corruption of the PAP]"
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Originally posted by Ed11790:
wow so ur a suppporter of obama
yup
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Singapore economy Contracts Sharply
http://www.forbes.com/markets/equities/
An economic system does not have to be expansive—that is, constantly increasing its production of wealth—and it might well be possible for people to be completely happy in a non-expansive economic system if they were accustomed to it. In the twentieth century, however, the people of our culture have been living under expansive conditions for generations.
Their minds are psychologically adjusted to expansion, and they feel deeply frustrated unless they are better off each year than they were the preceding year. The economic system itself has become organized for expansion, and if it does not expand it tends to collapse.
The basic reason for this maladjustment is that investment has become an essential part of the system, and if investment falls off, consumers have insufficient incomes to buy the consumers' goods which are being produced in another part of the system because part of the flow of purchasing power created by the production of goods was diverted from purchasing the goods it had produced into savings, and all the goods produced could not be sold until those savings came back into the market by being invested.
In the system as a whole, everyone sought to improve his own position in the short run, but this jeopardized the functioning of the system in the long run. The contrast here is not merely between the individual and the system, but also between the long run and the short run.
The factors necessary to achieve economic progress are supplementary to the factors necessary for production. Production requires the organization of knowledge, time, energy, materials, land, labor, and so on.
Economic progress requires three additional factors. These are: innovation, savings, and investment.
Unless a society is organized to provide these three, it will not expand economically.
"Innovation" means devising new and better ways of performing the tasks of production; "saving" means refraining from consumption of resources so that they can be mobilized for different purposes; and "investment" means the mobilization of resources into the new, better ways of production.
The absence of the third factor (investment) is the most frequent cause of a failure of economic progress. It may be absent even when both of the other factors are working well. In such a case, the savings accumulated are not applied to inventions but are spent on consumption, on ostentatious social prestige, on war, on religion, on other nonproductive purposes, or even left unspent.
Economic progress has always involved shifts in productive resources from old methods to new ones. Such shifts, however beneficial to certain groups and however welcome to people as a whole, were bound to be resisted and resented by other groups who had vested interests in the old ways of doing things and in the old ways of utilizing resources.
In a progressive period, these vested interests are unable to defend their vested interests to the point of preventing progress; but, obviously, if the groups in a society who control the savings which are necessary for progress are the same vested interests who benefit by the existing way of doing things, they are in a position to defend these vested interests and prevent progress merely by preventing the use of surpluses to finance new inventions. Such a situation is bound to give rise to an economic crisis.
From one narrow point of view, the twentieth century's economic crisis was a situation of this type. To understand how such a situation could arise, we must examine the development in the chief capitalist countries and discover the causes of the crisis...
The purchasing power available in the community is equal to income minus savings. If there are any savings, the available purchasing power will be less than the aggregate prices being asked for the products for sale and by the amount of the savings.
Thus, all the goods and services produced cannot be sold as long as savings are held back. In order for all the goods to be sold, it is necessary for the savings to reappear in the market as purchasing power.
The usual way in which this is done is by investment. When savings are invested, they are expended into the community and appear as purchasing power. Since the capital good made by the process of investment is not offered for sale to the community, the expenditures made by its creation appear completely as purchasing power.
Thus, the disequilibrium between purchasing power and prices in which was created by the act of saving is restored completely by the act of investment, and all the goods can be sold at the prices asked.
But whenever investment is less than savings, the available supply of purchasing power is inadequate by the same amount to buy the goods being offered. This margin by which purchasing power is inadequate because of an excess of savings over investment may be called the "deflationary gap."
This '"deflationary gap" is the key to the twentieth century economic crisis and one of the three central cores of the whole tragedy of the century...
The deflationary gap arising from a failure of investment to reach the level of savings can he closed either by lowering the supply of goods to the level of the available purchasing power or by raising the supply of purchasing power to a level able to absorb the existing supply of goods, or by a combination of both.
The first solution will give a stabilized economy on a low level of economic activity; the second will give a stabilized economy on a high level of economic activity.
Left to itself, the economic system under modern conditions would adopt the former procedure.
This would work roughly as follows: The existence of the deflationary gap (that is, available purchasing power less than aggregate prices of available goods and services) will result in falling prices, declining economic activity, and rising unemployment.
All this will result in a fall in national income, and this in turn will result in an even more rapid decline in the volume of savings. This decline continues until the volume of savings reaches the level of investment, at which point the fall is arrested and the economy becomes stabilized at a low level...
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1999 we reach highest of many years
2002.85 we lowest of many years
2007.15 we did well
2008 we did much better
2011.45 we shall hope that the lowest of so many years
2071 will be high again
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Nope, Russia is in a better position than US as they have enough resources for themselves whereas US need to buy resources.... I hope US to fall........ Those ppl that died becos of US invasion will haunt them!!!!
Not true..... Oil economy is not their only resources......... Their military n space discovery is well ahead of US n EU........
The reason why Russia have more resources for themselves is because their economy has already been devastated by Communism and the breakup of the Soviet Union and was unable to fully utilise their natural resources while America, fueled by Capitalism has been overconsuming theirs.
Also because the natural resources have been in a region of Russia that is sparsely populated and so remain relatively untouched and undiscovered until the previous century
Then enlighten me on what other natural resources that Russia is dependant on, because the fossil fuel industry to my knowledge is still their main source of income.
What basis do you have that Russia is ahead of the US and EU ? While i understand that they are perhaps ahead of them in some fields i feel it is hard to believe that they can outdevelop the US who have a vastly bigger military budget.
Ditto on the space industry part as well.
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phuck these predictions
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Originally posted by Stevenson101:
The reason why Russia have more resources for themselves is because their economy has already been devastated by Communism and the breakup of the Soviet Union and was unable to fully utilise their natural resources while America, fueled by Capitalism has been overconsuming theirs.
Also because the natural resources have been in a region of Russia that is sparsely populated and so remain relatively untouched and undiscovered until the previous century
Then enlighten me on what other natural resources that Russia is dependant on, because the fossil fuel industry to my knowledge is still their main source of income.
What basis do you have that Russia is ahead of the US and EU ? While i understand that they are perhaps ahead of them in some fields i feel it is hard to believe that they can outdevelop the US who have a vastly bigger military budget.
Ditto on the space industry part as well.
Do u know that US space vessel is using Russian engines as US engine is not stable n NASA abundent their own engine vessel testing. The only current space vessel engine belongs to Russian. If Russian realli wanna to be funny, then they can transport military to space. This is what US lacks off now. The next testing vessel is China n India.....
Currently the worst economy is US, not Russian. Russia maybe affected but not hit as bad as their production can be consumed by local population, juz like China, going towards local market.....
Soviet Union was broken partly becos of the western powers as they are fear of the SU power. Therefore Russian has mostly of the resources unconsumed should thanks to the western power......
Russia is a very closed up country, therefore most of us only know the westerner powers. But I believe the No.1 position of US is going to fall soon. UpComing power is either Russia or China.
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another bak kut teh please
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Originally posted by angel7030:
another bak kut teh please
Coming now!!!!