The recession is very real. Since I started getting money when I was 16, I was always good about not overspending, I never borrow or run up debt and since age 18 I have saved a lot in the banks.
Now, I save no more, theres no reason too, the lack of interest has killed the incentive. However, I stockpile cash, so far the pile is very big. I've been good with money and have become a victim to some greedy assholes.
I, for one, welcome my new sponsorOriginally Posted by Craig
The recession is very real. Since I started getting money when I was 16, I was always good about not overspending, I never borrow or run up debt and since age 18 I have saved a lot in the banks.
Now, I save no more, theres no reason too, the lack of interest has killed the incentive. However, I stockpile cash, so far the pile is very big. I've been good with money and have become a victim to some greedy assholes.
skb
"I refuse to answer that question on the grounds that I don't know the answer" - Zaphod Beeblebrox
"This post may be edited to make it more wrong" - skb
"Ignorance is no basis for rewriting the laws of physics" - Pebble
"I am a scientist, with a beard to prove it. This makes me an authority on nothing other than the growing and maintenance of facial hair" - skb
I am always slow, but on another thread you say you are happy with 0.5% interest. How have you " been good with money and have become a victim to some greedy assholes.?
Now, I save no more, theres no reason too, the lack of interest has killed the incentive. However, I stockpile cash, so far the pile is very big. I've been good with money and have become a victim to some greedy assholes.
Perhaps the word "not" is missing.
Last edited by bindeweede; 18th December 2009 at 12:37 AM.
Light travels faster than sound. This is why some people appear
bright, until you hear them speak.
The answer is easy to work out in 4 questions to the populous in the Uk today,I'm new to the community here but have been looking with interest at the threads that have been posted over the past few weeks so I thought I would join in so I could post. I've been watching the news of the credit crunch with growing trepidation - it all just seems too unreal. I have been thinking for a while that we're being taken for a ride and then I read about this guys called Robert Higgs who basically comes out and says that those in power are claiming a credit crisis to unbalance our financial institutions I can't give you the link to the story but if you google Robert Higgs, you can look at the claims yourselves.
Then I read about this other guy based in Brussels - Dr Reinout Bracke - whose research on the global financial crisis basically tallies with Higgs' - they can find nothing in the statistics that prove that the recession is nothing but a hoax. There's a story on Indymedia about it.
What do you guys all think of it?
1. Where have all our manufacturing base gone to in the world today.
2. Who buys the cheap goods made by those people today.
3. What happens when we buy the cheap goods.
4. What skills are we all learning that will help you and yours today for our tomorrows.
Fiction or not the answer is staring us all in the face, we have become a next day nation, of office workers and managers all fighting for the remaining spoils, we have become an nation of foooled car boot fools that will simply buy into the illuminati dream of well being and consumerism and globalisation that is destroying us all from within, if we fly with the crows we will be shot with the crows.
DDS.
OK. I'll have a go ...
1. Robots (soon!)
2. Everyone.
3. We save money.
4. Invention.
1) Chinese human robots on 90.00 pounds a month
2) the 1.2 billion hungry and starving and 55,000 who die every day who have nothing whatsoever so we can.
3) Save money today and have your jobs taken away and have no money later.
4) Invention is the mother of all slaves today, backed by money.
Facts not fiction which we all do not want to know about, making someone work for nothing and giving others something for nothing is what is destroying us all.
You asked 'Who buys the cheap goods made by those people today.' but you seem to have answered some other question. Loads of people buy cheap goods, including those who make them.
Whose jobs? I thought you said these cheap goods were already made by the Chinese. And what happens to those Chinese if we stop buying their goods?3) Save money today and have your jobs taken away and have no money later.
What exactly does that mean. It sounds like a slogan or sound bite but doesn't make any sense. Invention is the ultimate wealth creator in the West. Whose designs do you think the Chinese are using to make their cheap goods? And if we in the West stopped inventing, who would that benefit exactly?4) Invention is the mother of all slaves today, backed by money.
The slogan was built on our own backs, save slavery in the USA, the creative minds from this country have either gone to where the money is or never get a look in because the invention has no monetary value, we will never stop inventing here, but if you take the percentage of similar minds in China alone, once they get the basics we will no longer be able to compete in that situation PHP either.
Its all down to consumerism and globalisation, which certain parts of the world have not been given the chance to develope with their own resorces, Africa come to mind, we in the west are now trying to say to the rest of the world who want to develope on their own term with their own minerals not to do what we have done because its going to pollute the world even more,
Yet we are encouraging this on a vast scale in China for the benefit of cheaper goods, we are not being charged fairly by the way, because what you think of a cheap item has many hundreds of percent added for what they are actuallt paying for it at the manufacturing side, so both side are being exploited in a big way while the few get rich, I'm not the only one who knows or thinks the same, what lies on or beneath this planet should be shared out equally, I know that's the way it is right now, but no body could argue against this fact surely.
It is a very complicate isue and there is way to much to write down here at once, but you can safely say that we are cutting out own long term throat by buying into the cheap dream.
OK tell me what I should do!
Stop buying Chinese goods? Set up a factory in England (I warn you, I would staff it with robots and a couple of enigineers)? Invent something? Give money to the poor? Start a charity? Sit around and whinge about how England doesn't make anything any more? Buy shares in Illuminati Co? Start a conspiracy theory website?
Are you implying Chinese goods are low quality? Like mobile phones, cameras, TVs, computers etc. They may be made by American, Japanese or European companies but most of the manufacturing happens in China (check your box!). Do you have a problem with these products?Seems I don't have all the aswers or the world wouldn't be in the situation today, buying to many cheap goods this is one of the problems, if we went for local, quality not quantity it would make more scense quality without it costing the earth is far more kinder to any enviornment, especially our immediate one.
Last edited by Harryprice; 7th January 2010 at 05:22 PM.
I couldn't nor wouldn't tell you what to do, that's not right, but what we do for ourselves, does make a real difference,
Once we have all bought into the cheap market and there is nobody left to go to, what do you think is going to happen to the things you reley upon,
We buy only local, food/meat etc, which comes from only a 15 mile radius, we make our own footware because I can do that through the trade, make our own woolens and other clothing on machinery we also made ourselves and have machinery that doesn't need electricity, recycle everything we can, and still have a very comfortable life style, I could never knowingly buy food from countries like Israel that use that money to harm a single innocent.
We are proof and part of a group that work to live, not live to work, only work when we have to and have helped many others to go the same way, the more we remove ourselves from the cruel consumerist world the happier we have become, what we do doesn't effect others in other countries, if we all thought the same it could be so much better, less can most definately be more.
I've no idea - please tell me!
I am useless at making things, what am I supposed to do?We buy only local, food, which comes from only a 15 mile radius, we make our own footware because I can do that through the trade, make our own woolens and other clothing on machinery we also made ourselves and have machinery that doesn't need electricity, recycle everything we can, and still have a very comfortable life style,
Who IS this unfortunate innocent? Are there any countries that DON'T harm anyone?I could never knowingly buy food from countries like Israel that use that money to harm a single innocent.
I see you use a computer. Do you have a TV and mobile phone?We are proof and part of a group that work to live, not live to work, only work when we have to and have helped many others to go the same way, the more we remove ourselves from the cruel consumerist world the happier we have become, what we do doesn't effect others in other countries, if we all thought the same it could be so much better, less can most definately be more.
Don't watch TV, mobile phone PAYG, computer yes, did a full course on becoming a web-master, comes in handy to earn an extra shilling from home every now and then.
You're not bothered that computers and mobiles are made in China, then?
Maybe he could make his own from double sided sellatape and empty washing up liquid bottles...
skb
"I refuse to answer that question on the grounds that I don't know the answer" - Zaphod Beeblebrox
"This post may be edited to make it more wrong" - skb
"Ignorance is no basis for rewriting the laws of physics" - Pebble
"I am a scientist, with a beard to prove it. This makes me an authority on nothing other than the growing and maintenance of facial hair" - skb
My lap top was a second hand gift mobile second hand, we have only got three chinese products in our home, they were all second hand long before we adopted our non slavery consumerist ideals.
If we all start somewhere and looked into the hurt that this causes then we might think about it as we continue to shrink and become pawns in the whole proces of globalisation which will eventually destroy us along with nature, I really believe and have come to recognise that consumerism and greed is causing most of our problems today.
There is an age old motto that says,
Making someone work for nothing and giving other something for nothing doesn't work for the whole.
Which can be linked to every walk of life and postition in society today, but I musn't preach, I must do as I see fit.
Posting Permissions
Reply With Quote
Bookmarks