| Forum Home | ||||
| PC World Chat | ||||
| Thread ID: 111423 | 2010-07-26 16:45:00 | Economists Afraid Of 'Deflation' Now | SurferJoe46 (51) | PC World Chat |
| Post ID | Timestamp | Content | User | ||
| 1122630 | 2010-07-28 10:57:00 | An interesting discussion from everyone. Unlike some, I don't have a dystopian view of the future. We have already been experiencing deflation without noticing it. Electronics, cars, travel - all of these are much cheaper today than they were a generation ago. Even in the Third World life is less risky than it was but the sad consequence is burgeoning populations which are going to hit the wall. War, famine, or disease. The planet can sustain about 2 billion so there is going to be a horrible rebalancing soon. Price rises are actually a reflection of money dropping in value. A $3 loaf of bread is still the same 50c loaf it was 20 years ago. Consumerism need not hit a wall but we will recycle much more of what we currently produce. One thing which will not stop is the march of technology. In the future we'll get much more for the same $. |
Winston001 (3612) | ||
| 1122631 | 2010-07-28 11:26:00 | This recession maybe different and we may never recover fully from it. As soon as economic activity picks up more oil gets burned, prices go up. I dont buy into a double dip recession theory now more a bunch of never ending multiple dips and slight gains. Its a downward death spiral. Since I am old I dont really care anymore as long as I have enough money for a box of 8% Woodies on Friday I am happy. When drunk, get the sounds up max on say Crystal Gayle, Abba or ONJ and all the problems of the world temporarily go away. |
prefect (6291) | ||
| 1122632 | 2010-07-28 22:27:00 | " since 1945 the population of the planet has trippled. even the chineese know this is not sustainable, thats why they have the one child policy. the consumerism model will be replaced by a sustainable form of capatilism or humans Will become extinct. . I 100% agree the current Capitalism system is not sustainable and also agree countries rely on constant expansion. Of course economist, leading industry leaders, many politions etc will all disagree, but most of them are the ones benefiting most by the current system. As far as I can tell Middle class, US,UK,NZ,AUS,Ireland and the list goes on are all doing worse than they were 10 years ago. The poor are still poor, and the Rich are obtaining exponential wealth as money generates more money. Most of the Rich have recovered there losses from the recession and the likes of Middle class America is left in tatters. Its sad they want to see a new cycle of "boom years", they just don't seem to get it lol. |
Battleneter2 (9361) | ||
| 1122633 | 2010-07-29 06:17:00 | OK - when did it all go for a long-ie? | SurferJoe46 (51) | ||
| 1122634 | 2010-07-29 06:44:00 | Unlike some, I don't have a dystopian view of the future.... ... but the sad consequence is burgeoning populations which are going to hit the wall. War, famine, or disease. The planet can sustain about 2 billion so there is going to be a horrible rebalancing soon. :confused: Well said otherwise though ;) |
sir fer (15893) | ||
| 1122635 | 2010-07-29 09:09:00 | SurferJoe46, when margaret thatcher and ronald reagan got into power, round about 1981. | zqwerty (97) | ||
| 1122636 | 2010-07-29 09:18:00 | All systems fail, all empires must fall. Its the nature of the beast, apply all the rules,regulations and logic you want, The end result will always be the same. Might as well just accept the fact that life is about looking after what you care about, and any year with your health is a good year. |
Metla (12) | ||
| 1122637 | 2010-07-29 11:53:00 | This is what we used to be, our future before us, you are satisfied with much less, Metla; blogs.denverpost.com |
zqwerty (97) | ||
| 1122638 | 2010-07-29 11:59:00 | This is what we used to be, our future before us, you are satisfied with much less, Metla; blogs.denverpost.com I'm going to have to ask you to elaborate on that. I wouldn't swap my life with any of those people for all the tea in China. What do you think they have that is so much more then what we have in these times in NZ? I assume you don't actually know any of them so can't really speak for them, so just make something up. |
Metla (12) | ||
| 1122639 | 2010-07-29 12:16:00 | I think the pictures speak for themselves, you seem to think that the sad little reality we have at the moment is all that we should ask for. | zqwerty (97) | ||
| 1 2 3 4 5 | |||||