Are we heading into a Third Depression?

[Wiglaf]

I've had thought's like sean's before. It's hard to give a fuck about the stock market and all those things people who are better off than you fret about when you have to bust ass just to pay the mortgage. So easy to spite someone who buys a $250k car when you can hardly afford just to put gas in your own to get to work.

I don't mean to come off as a socialist but a huge gap between the rich and poor is not a good thing, and that has grown more than 10x in the last 20 years.

[Massive Lee]

In June 2009, the European Central Bank has issued for 450 billion Euros in loans to European banks. July 1st 2010 is time to refund... Have you noticed how the markets have reacted for the past two days? They know very well that the future is bleak...

[Vedubin01]

I don't mean to come off as a socialist but a huge gap between the rich and poor is not a good thing, and that has grown more than 10x in the last 20 years.

then work harder, or work for yourself. Working for someone else is never going to get you ahead!

[Fusion]

the pending depression/double dip recession is a result of government policies around the world going back to WWII
europe is flat out of other people's money to further their mostly socialistic economies. and the usa is not far behind.

This.
The problem here in Europe is stupid socialistic parties in most countries, that support lazy ass idiots who never worked, don't look for work, never will work. And to get more money they have kids, lots of kids. And as a tax payer, that really pisses me off. Funding stupid things like speculative solar energy fields, worthless sports events (now bankrupting cities) etc. and borrowing money from the EU, allowing them to dictate any law they want, that's horse shit. At least you guys don't have to put up with some imaginary ubergovernment (yet). I could go on and on.
Luckily for us, most countries are turning back to the right wing. Even Germany's really pissed at socialist Angela and I think (hope) they'll have a right wing government come next elections.

I say get Obama out of that seat fast, whatever it takes.

I don't mean to come off as a socialist but a huge gap between the rich and poor is not a good thing, and that has grown more than 10x in the last 20 years.

I hear this all the time. If Joe loses his job and hasn't been able to find one for a couple months, of course help him. But not John, that lazy asshole who sucks out out all the taxpayer money for his girlfriend and 20 kids.
Not a huge gap between the rich and poor, make a huge gap between people willing to work and lazy fucks.

Oh and one thread barely holding the economy together in my opinion are grey markets, illegal business, call it whatever you want, because the social parties set the unemployment benefits and taxes so high, companies aren't willing to employ people legally and try to sell without reciepts. Not that I support it, but I understand it and atleast the grey market has money circulating in it.

[Wiglaf]

Working for someone else is never going to get you ahead!

go capitalism! awesome!

The problem here in Europe is stupid socialistic parties in most countries, that support lazy ass idiots who never worked, don't look for work, never will work.

oh is THAT what socialism is.


:roll:

[Fusion]

Wiglaf: yes. "Poor" and unemployed people here drive cars, play slots, buy drugs, they're having a great time. How? Benefits. The unemployment rate is relatively high, but its not like there's anyone begging for work in the streets.

[Wiglaf]

What you guys are hating on (rightfully so) is WELFARE. If you think welfare and socialism are the same thing, then thank your favorite right-wing propaganda machine.

[z31maniac]

What you guys are hating on (rightfully so) is WELFARE. If you think welfare and socialism are the same thing, then thank your favorite right-wing propaganda machine.

Educate us, enlightened one.

[Fusion]

Like I said, I'm not againt welfare for a hard working person who curently lost his job. I wish him a quick reemployment. I'm against welfare motivating people to not work. It leads to hell. As a concrete example, a few years ago, under a socialist government, the welfare benefits were so high, it was almost the minimum monthly wage. So a couple with two kids had no problem paying a pretty nice apartment in a large city and food from just the welfare, and whatever money was needed came from theft and drugs. These benefits can last years, all you had to do was show up at a labor commitee and show them some company's stamp as evidence of trying to get employed (usually fake).
I don't know how this system curently works in the US, but we don't even have food stamps. When center-right parties suggested similar things, the socialists called it dishonorable and discriminating for the "poor".
Public universities for free (some of you may not know something like that even exists) is another example of government irresponsibility, that leads to unemployment rise at the end of every school year because even in a good economy, there's just not enough demand for so many educated people (expecting high payrolls), mildly educated since free schools (government sponsored) just can't offer a high standard.
That's just two really big issues. Health care pretty much works here :D

[Wiglaf]

Educate us, enlightened one.

one is a form of government :nice:
There has to be a balance, we can't have people dying in the streets but we don't want to be bankrupt either.
There's plenty of other threads on that debate, no reason to muck up this one any further.

As for the notion that this may be the tip of the iceberg, I kind of believe it. There are a lot of things going on between this "jobless recovery", oil spill, wars, china currency manipulation, totally divided government, etc. Any of them we can deal with, but the compilation of all of them at the same time is quite the balancing act. We could be much closer to disaster than we realize.

[ayemattyyy]

I don't understand what is so hard about going to look for work, and getting the job. I have two jobs, could have three if I took the position and had the available hours. Apply everywhere you can. You've sent out 200 applications? Send out 2,000.
Matt

[joshh]

I've had thought's like sean's before. It's hard to give a fuck about the stock market and all those things people who are better off than you fret about when you have to bust ass just to pay the mortgage. So easy to spite someone who buys a $250k car when you can hardly afford just to put gas in your own to get to work.

I don't mean to come off as a socialist but a huge gap between the rich and poor is not a good thing, and that has grown more than 10x in the last 20 years.

Then maybe you should start a company and put yourself under risk like every other businessman out there instead of focusing on someone else's life.

Our politicians are doing exactly the things you're complaining about. But non the less even if you could stop all the cock sucking between businesses and politicians you're still going to have the rich and the poor. The poor just have to want to stop being poor.
Some laws are necessary to stop some people from being greed fucks. But let's start with our politicians.

[Wiglaf]

I don't understand what is so hard about going to look for work, and getting the job. I have two jobs, could have three if I took the position and had the available hours. Apply everywhere you can. You've sent out 200 applications? Send out 2,000.
Matt

I agree that seems kinda silly. He might just have to move to a better area.

Then maybe you should start a company and put yourself under risk like every other businessman out there instead of focusing on someone else's life.

Our politicians are doing exactly the things you're complaining about. But non the less even if you could stop all the cock sucking between businesses and politicians you're still going to have the rich and the poor. The poor just have to want to stop being poor.
Some laws are necessary to stop some people from being greed fucks. But let's start with our politicians.

Totally true. Seems like it's most often just business for them, not concerned with what is right or wrong.
But I also feel that if the owner of a company makes 1000x more than his employees, that just ain't right.

[Vedubin01]

I also feel that if the owner of a company makes 1000x more than his employees, that just ain't right.

that's the beauty of Capitalism. People choose to work for such companies. They are not forced to, and they agreed to their salary or hourly pay before they work. Everyone cant be rich, or run large companies.

Try starting a business from scratch and see how much work it takes to make it successful. Then tell me what right someone has to limit your work?