Depression: Part 2!

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  • pokelda
    ⁽ ´ཀ`⁾
    FFR Simfile Author
    • Jun 2006
    • 3876

    #31
    Re: Depression: Part 2!

    Originally posted by DarknessXoXLight
    What do you think will happen if we do go into another depression?
    jesus happens

    Comment

    • Franklin_Delano_Roosevelt
      FFR Player
      • Feb 2006
      • 4

      #32
      Re: Depression: Part 2!

      It will be alright.

      I'm sure the President that America has elected into office knows how to learn from past mistakes.

      ...oh.
      It is common sense to take a method and try it. If it fails, admit it frankly and try another. But above all, try something.

      Comment

      • Starshot
        /DJS\
        FFR Music Producer
        • Dec 2004
        • 1794

        #33
        Re: Depression: Part 2!

        I went to three different banks today to try to get a loan for a CD release, all three turned me down.

        Damn market.

        Comment

        • zhul4nder
          FFR Player
          • Jun 2006
          • 231

          #34
          Re: Depression: Part 2!

          wait, so excuse me for being ignorant...but how did exactly did we get into this mess? the war?

          [url=http://www.narutoflow.com/character-quiz/]Take the Naruto Character

          for brawlers: 2836-1905-4019
          I don't know how well it'll work, but give me a add , or pm me so i can add you.

          Comment

          • foilman8805
            smoke wheat hail satin
            FFR Simfile Author
            • Sep 2006
            • 5704

            #35
            Re: Depression: Part 2!

            Originally posted by zhul4nder
            wait, so excuse me for being ignorant...but how did exactly did we get into this mess? the war?
            No, the war has nothing to do with it.

            And it's not any one particular thing that caused it either.

            Comment

            • flipsta_lombax
              Lombax Connoisseur
              • May 2006
              • 2556

              #36
              Re: Depression: Part 2!

              So we have this problem.

              Solution: Take care of your monetary issues carefully. America is known for excessive needs for merely nothing. Don't blame the president or the government for everything. Consumers play a role in this economy as well, expecially those who likes to make waste of pretty much anything they use quickly... besides food (although excessive eating does this too. Stupid fatarses...).
              Best FGO: Time To Eye{3-0-0-0}

              Best SCORE: Husigi Usagi Milk Tei {16-1-2-8}

              Comment

              • Relambrien
                FFR Player
                • Dec 2006
                • 1644

                #37
                Re: Depression: Part 2!

                Originally posted by tsugomaru
                He did say something about only having one year of Government in the 9th grade.

                ~Tsugomaru
                Yeah that was me. Sorry for the confusion.

                Anyway someone wrote a pretty nice dissertation on what's going on with the economy over at a Starcraft fansite (not what you'd expect): http://www.teamliquid.net/forum/view...topic_id=79544

                Comment

                • boondocks77
                  FFR Player
                  • Jun 2007
                  • 883

                  #38
                  Re: Depression: Part 2!

                  Ahahahahahah US is burrowing money from overseas
                  poor ****s
                  =]
                  vagina

                  Comment

                  • OrganisM
                    FFR Player
                    • Oct 2006
                    • 2644

                    #39
                    Re: Depression: Part 2!

                    It's called lots of bad management, some crooks, and terrible circumstances.
                    .

                    Originally Posted by jewpinthethird[link]:
                    "If you get stung by enough bees you turn into a bee,
                    because the venom gets into the blood stream which
                    spreads bee DNA throughout your entire body...
                    changing your genetic structure into a bee's.

                    Every year roughly 125 people in America are turned into bees this way."


                    Originally Posted by
                    MrRubix[link]:
                    "Do you basically bukkake-paint your walls every time you jack it?"

                    Originally Posted by All_That_Chaz[link]:
                    "My pity-sex depreciates at a rate of 5% annually."

                    Comment

                    • tsugomaru
                      FFR Player
                      • Aug 2004
                      • 3962

                      #40
                      Re: Depression: Part 2!

                      Originally posted by boondocks77
                      Ahahahahahah US is burrowing money from overseas
                      poor ****s
                      =]
                      And oddly enough, it's the nation who lends us the money who loses out.

                      ~Tsugomaru
                      Originally posted by Hiluluk
                      WHEN do you think people die...?
                      When their heart is pierced by a bullet from a pistol...? No.
                      When they succumb to an incurable disease...? No.
                      When they drink soup made with a poisonous mushroom...? NO!!!
                      IT'S WHEN A PERSON IS FORGOTTEN...!!!

                      Comment

                      • CyanoticXtC
                        FFR Player
                        • Dec 2003
                        • 259

                        #41
                        Re: Depression: Part 2!

                        Good thing i'll have a steady paycheck no matter what.. I feel horrible for everyone else that will be suffering from this.
                        The main thing that saved us from the Great Depression was WWII.

                        Comment

                        • foilman8805
                          smoke wheat hail satin
                          FFR Simfile Author
                          • Sep 2006
                          • 5704

                          #42
                          Re: Depression: Part 2!

                          Bumping this because as of today, the bailout was pretty much a failure.

                          All global stock markets were down more than 5% today (some as high as 20%), and the DJIA is currently under 10,000 for the first time in years. More and more banks and financial institutions are having to be rescued in Europe, so we're definitely not the only ones.

                          Also, I love quoting myself:

                          Originally posted by foilman8805
                          You will witness the demise of the world economy in the imminent future.

                          EDIT: Well, you're actually witnessing the start of it right now to be honest.

                          BRACE FOR DOMINO EFFECT

                          Comment

                          • H3llacious
                            Banned
                            • Oct 2008
                            • 165

                            #43
                            Re: Depression: Part 2!

                            Just look at all the killers: http://www.nyse.com/

                            edit: The Stock Exchange should be moved to Chicago. Synth will be in charge of putting our economy back into shape.

                            Comment

                            • foilman8805
                              smoke wheat hail satin
                              FFR Simfile Author
                              • Sep 2006
                              • 5704

                              #44
                              Re: Depression: Part 2!

                              Just to add to the good news here (note: sarcasm), here's an article about two of the biggest banks in America suing each other.



                              You know times are tough and tensions are high when banks sue each other for money.

                              Comment

                              • sonic-fast-fingers
                                FFR Player
                                • May 2005
                                • 268

                                #45
                                Re: Depression: Part 2!

                                Originally posted by chidori!
                                the internet will be empty
                                EDIT: i still don't get how a depression starts
                                The original depression started from banks lending money to people who couldn't pay them back. (this is happening again)

                                When banks trust people and give them the $500,000 they need to buy a house and the person can't pay any money back to the bank, the bank forecloses on the people (kicking them out of their house). Then the bank auctions off the house and in most cases the house gets sold for a very low amount as compared to the net worth of the house. Meaning that all of these banks are losing more and more money. Then you have plenty of other things that cause us to lose money. (i forgot the terminology but it is when a company is purchasing more than they are selling which means you are losing money).

                                Comment

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