11630 replies to this topic
Posted Yesterday, 08:10
 12DrinkMore, on 2012-05-23 20:56:39, said:
... snip
But at least the Japanese are doing a fair bit to reduce the anthropogenic impact on the world's resources.
Quote Tokyo expects the population to fall from 128m in 2010 to 87m by 2060.
George Friedmans book 'The Next 100 Years' which gives some very thought provoking predictions for the 21st century identifies the decline in population as being the single most important factor. It also points out how people overemphasise situations in the present.
Well worth a read as it makes some pretty bold assertions and backs them up with good analysis.
Posted Yesterday, 16:40
Orac, on Yesterday, 08:10 , said:
12DrinkMore, on 2012-05-23 20:56:39, said:
... snip
But at least the Japanese are doing a fair bit to reduce the anthropogenic impact on the world's resources.
Quote Tokyo expects the population to fall from 128m in 2010 to 87m by 2060.
George Friedmans book 'The Next 100 Years' which gives some very thought provoking predictions for the 21st century identifies the decline in population as being the single most important factor. It also points out how people overemphasise situations in the present.
Well worth a read as it makes some pretty bold assertions and backs them up with good analysis.
how is possible to overemphasise a genuine concern by some
that people are getting away with the same degree of financial fraud and
criminal activity today as they were in 2008 without any
retribution? No overemphasis just a simple question how and why
can this still be happening ?
in these 2 PBS videos they even say they know exactly where the
MF Global money is and yet nothing happens ??
Frontline On MF Global's Six Billion Dollar Bet
http://www.zerohedge...lion-dollar-bet
Edited by midas, Yesterday, 16:45 .
Posted Yesterday, 17:08
midas, on Yesterday, 16:40 , said:
Orac, on Yesterday, 08:10 , said:
12DrinkMore, on 2012-05-23 20:56:39, said:
... snip
But at least the Japanese are doing a fair bit to reduce the anthropogenic impact on the world's resources.
Quote Tokyo expects the population to fall from 128m in 2010 to 87m by 2060.
George Friedmans book 'The Next 100 Years' which gives some very thought provoking predictions for the 21st century identifies the decline in population as being the single most important factor. It also points out how people overemphasise situations in the present.
Well worth a read as it makes some pretty bold assertions and backs them up with good analysis.
how is possible to overemphasise a genuine concern by some
that people are getting away with the same degree of financial fraud and
criminal activity today as they were in 2008 without any
retribution? No overemphasis just a simple question how and why
can this still be happening ?
in these 2 PBS videos they even say they know exactly where the
MF Global money is and yet nothing happens ??
Frontline On MF Global's Six Billion Dollar Bet
http://www.zerohedge...lion-dollar-bet
Since it was written back in 2009 he was not refering to the specific situation we are in today but more a generalised feeling that things appear worse than they actually are at the time and consequently there is a tendancy to overreact though his prediction is for a major crisis for the US around 2030 based on a 50 year cycle - the last being in early 80's where there was inflation over 10 per cent, interest rates at 19-20 per cent and 10 per cent unemployment.
I can see some truth in his arguments if you look back at previous problems that, in hindsight, were not as bad as it seemed at the time. By rights I should already dead from AIDs, SARs or Bird Flu, the world would have run out of oil, we would be in a new ice age/desert/underwater and just recovering from the dark ages when everything stopped working due to the millenium bug.
Posted Yesterday, 18:25
Orac, on Yesterday, 17:08 , said:
midas, on Yesterday, 16:40 , said:
Orac, on Yesterday, 08:10 , said:
George Friedmans book 'The Next 100 Years' which gives some very thought provoking predictions for the 21st century identifies the decline in population as being the single most important factor. It also points out how people overemphasise situations in the present.
Well worth a read as it makes some pretty bold assertions and backs them up with good analysis.
how is possible to overemphasise a genuine concern by some
that people are getting away with the same degree of financial fraud and
criminal activity today as they were in 2008 without any
retribution? No overemphasis just a simple question how and why
can this still be happening ?
in these 2 PBS videos they even say they know exactly where the
MF Global money is and yet nothing happens ??
Frontline On MF Global's Six Billion Dollar Bet
http://www.zerohedge...lion-dollar-bet
Since it was written back in 2009 he was not refering to the specific situation we are in today but more a generalised feeling that things appear worse than they actually are at the time and consequently there is a tendancy to overreact though his prediction is for a major crisis for the US around 2030 based on a 50 year cycle - the last being in early 80's where there was inflation over 10 per cent, interest rates at 19-20 per cent and 10 per cent unemployment.
I can see some truth in his arguments if you look back at previous problems that, in hindsight, were not as bad as it seemed at the time. By rights I should already dead from AIDs, SARs or Bird Flu, the world would have run out of oil, we would be in a new ice age/desert/underwater and just recovering from the dark ages when everything stopped working due to the millenium bug.
personally speaking after reading some of the reviews about this book
I agree with those that thought trying to predict what will happen over 100 years is too ambitious.
I believe Gerald Celente does a better job because he extrapolates from what
is happening right now and his predictions are more relevant
and less idealistic
Posted Yesterday, 18:57
I just posted this
http://www.thaivisa....75#entry5328516
Quote
Quote
He (a policeman) also said that these (fake) banknotes will damage the local economy.
I wonder if that is indeed the case? The guy simply does not understand economics.
Now, if you gauge the health of the economy by the amount of goods and services that are being sold, then by injecting a bit of extra cash into the local economy it would give a boost as, there will be a little more money sloshing around. Provided the counterfeiters don't go overboard, they could even grow the local economy into a boom, as with the extra cash more infrastructure would be built, more people would gain employment.
The problem would be if they pushed too much too quickly, causing the rate of increase of demand to exceed the rate of increase of production leading to inflation.
I think that a healthy dose of perfectly made THB1000 would increase the wealth of the local economy. In much the same way that by sending real THB 1000 from Pattaya to Nackonelsewhere the economy of Nackonelsewhere is given a boost.
So, who are the losers in this?
1. the Treasury, as it loses the seigniorage from printing the notes, but that is not a significant source of income, as when the old banknotes are taken out of circulation that money is refunded to the commercial banks.
2. the commercial banks, as the money comes directly into circulation without putting someone into debt and paying interest.
So, (hope I'm not going to be banned for this )
The counterfeiters should carry on , as the main losers are the bloody commercial banks
And, if you don't believe me, here is an interesting factlet.
Only about 3% of the money in the western economies has been issued by the government. All the rest has been created by, and for the profit of, the bloody commercial banks through lending it into existence.
Take the Greeks. Once the banks take it into their heads to withdraw funding, they can send an entire country in massive depression. What Greece needs now is a print of EUR 100 counterfeit notes and passed into the economy, putting cash into the hands of the jobless and destitute, so they can once again buy stuff, and even pay off the bankers.
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