Economic Misunderstandings

Taras

I'm Not Hating, I'm Just Sayin'
OP
Member
Joined
Dec 10, 2005
Messages
676
Trophies
0
Location
Boxcar #142, Santa Fe rail
Website
Visit site
XP
108
Country
United States
A fellow was kind enough yesterday to sort out some misunderstandings which I felt it appropriate to relay:

1. There is/was no housing bubble brought about by irresponsible Federal Reserve policy and mortgage brokers handing out half a mil to any mouthbreather that knows how to sign their own name.

2. The aforementioned debt was not repackaged and stamped "AAA" (the highest grade of investments) by investment firms and oversight boards and sold to trusting foreigners with funny accents who may or may not reek of garlic.

3. Paper markets in derivatives are not currently totaling over $500 trillion, or around 50 times the global GDP, which is the total production of every man, woman and child in the world. http://en.wikipedia.org/wiki/Derivative_(finance)

4. The US is not being bankrupted by wars, defecit spending, tributary interest payments to the Federal Reserve and outsourcing manufacturing to China with which no developed nations can compete because things like environmental and worker protections are actually addressed.

5. The world markets didn't actually fall the past few days, and if they did it was simply because they were waiting for the US to lower rates which as we all know is the key to prosperity.

6. Taking out the largest credit lines and credit cards is a good idea, because if a nation can borrow it's way to prosperity, so can you.

7. Coldplay doesn't suck.

8. Tiger Woods 2009 should contain some groundbreaking improvements in console golf which will reach 90% market penetration.

These statements have not been evaulated by the Food and Drug Administration. Consume at your own risk.
 

Site & Scene News

Popular threads in this forum

General chit-chat
Help Users
  • K3Nv2 @ K3Nv2:
    I should add a 256gb card in mine and load like 100ps1 titles to it eventually I will
  • HiradeGirl @ HiradeGirl:
    Will you play them all?
  • HiradeGirl @ HiradeGirl:
    I've only ever played Castlevania Symphony of the Night from PS1.
  • K3Nv2 @ K3Nv2:
    We don't play games here
  • Xdqwerty @ Xdqwerty:
    @HiradeGirl, I dont have one of those but gbarunner2 in twilight menu works quite decently for me
  • Psionic Roshambo @ Psionic Roshambo:
    Don't get me wrong GBA absolutely had some great games but overall the sound and graphics just meh to me
  • K3Nv2 @ K3Nv2:
    The remastered crash bandicoot was pretty decent ngl
  • HiradeGirl @ HiradeGirl:
    @Xdqwerty I had a NDS long ago, but L and R broke very fast.
  • HiradeGirl @ HiradeGirl:
    My sister had a N3DS XL and it suffered the same fate.
  • Xdqwerty @ Xdqwerty:
    @HiradeGirl the L button barely worked at all in the dsi i previously had
  • Xdqwerty @ Xdqwerty:
    my dad bought me a dsi identical to that one
  • K3Nv2 @ K3Nv2:
    That could be an easy fix without even opening it with some ipa maybe unless the entire button broke
  • HiradeGirl @ HiradeGirl:
    That´s why I never got any handheld before the Switch.
  • Xdqwerty @ Xdqwerty:
    @Psionic Roshambo, thats why patches exist
  • K3Nv2 @ K3Nv2:
    Ds games are best played on a DS emulation is fine but having actual hardware is better obviously
    +1
  • K3Nv2 @ K3Nv2:
    Or N3ds/2Ds
  • Xdqwerty @ Xdqwerty:
    @K3Nv2, or most "gimmicky" consoles
  • K3Nv2 @ K3Nv2:
    Nah the dual screen makes them better because that's how they were developed for
    +1
  • HiradeGirl @ HiradeGirl:
    Wii U is also great.
  • HiradeGirl @ HiradeGirl:
    For DS games.
  • HiradeGirl @ HiradeGirl:
    Also, 3DS games through NTR streaming on Wii U.
  • HiradeGirl @ HiradeGirl:
    It's very cool.
  • HiradeGirl @ HiradeGirl:
    Even playable.
  • K3Nv2 @ K3Nv2:
    If you can have main game on big screen and touch lay out on wiiu tablet I can see that
  • Xdqwerty @ Xdqwerty:
    @HiradeGirl, I have a broken o3ds xl
    Xdqwerty @ Xdqwerty: @HiradeGirl, I have a broken o3ds xl