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Thread: What is exactly causing the current worldwide depression?

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  1. #1
    Poll Smoker Senior Member CountArach's Avatar
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    Default Re: What is exactly causing the current worldwide depression?

    Its all in your head. Phil Gramm said so.
    Rest in Peace TosaInu, the Org will be your legacy
    Quote Originally Posted by Leon Blum - For All Mankind
    Nothing established by violence and maintained by force, nothing that degrades humanity and is based on contempt for human personality, can endure.

  2. #2
    Kanto Kanrei Member Marshal Murat's Avatar
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    Default Re: What is exactly causing the current worldwide depression?

    See sig.
    "Nietzsche is dead" - God

    "I agree, although I support China I support anyone discovering things for Science and humanity." - lenin96

    Re: Pursuit of happiness
    Have you just been dumped?

    I ask because it's usually something like that which causes outbursts like this, needless to say I dissagree completely.

  3. #3
    Poll Smoker Senior Member CountArach's Avatar
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    Default Re: What is exactly causing the current worldwide depression?

    Quote Originally Posted by Marshal Murat View Post
    See sig.
    Rest in Peace TosaInu, the Org will be your legacy
    Quote Originally Posted by Leon Blum - For All Mankind
    Nothing established by violence and maintained by force, nothing that degrades humanity and is based on contempt for human personality, can endure.

  4. #4
    Bringing down the vulgaroisie Member King Henry V's Avatar
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    Default Re: What is exactly causing the current worldwide depression?

    Communism.
    www.thechap.net
    "We were not born into this world to be happy, but to do our duty." Bismarck
    "You can't be a successful Dictator and design women's underclothing. One or the other. Not both." The Right Hon. Bertram Wilberforce Wooster
    "Man, being reasonable, must get drunk; the best of life is but intoxication" - Lord Byron
    "Where men are forbidden to honour a king they honour millionaires, athletes, or film-stars instead: even famous prostitutes or gangsters. For spiritual nature, like bodily nature, will be served; deny it food and it will gobble poison." - C. S. Lewis

  5. #5
    has a Senior Member HoreTore's Avatar
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    Default Re: What is exactly causing the current worldwide depression?

    Yes, according to the highly intelligent right-winger party here, the crisis is a result of president Bush and his socialist policies...
    Still maintain that crying on the pitch should warrant a 3 match ban

  6. #6
    Senior Member Senior Member Ser Clegane's Avatar
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    Default Re: What is exactly causing the current worldwide depression?

    The original financial crisis was for real - the following overall economic crisis is largely based on psychological ripple effects, i.e. everybody (companies and private households) is afraid that things might turn out really bad and therefore refrains from making any spendings that are not absolutely necessary right now to beon the safe side (e.g., private households will postpone investments for a new car or TV for 1-2 years, companies will not buy machinery, build new plants or will hold back R&D investments).
    This "holding back" is currently leading to a very real and sharp economic downturn.

    If you have enough cash right now and don't have any reasons to worry about incoming cash (e.g. because your job is absolutely secure and will not be affected by a downturn), now might be a very good time to spend money on a new car or new furniture as you are very likely to get some nice discounts.
    Last edited by Ser Clegane; 11-09-2008 at 23:07.

  7. #7
    Old Town Road Senior Member Strike For The South's Avatar
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    Default Re: What is exactly causing the current worldwide depression?

    Bush
    There, but for the grace of God, goes John Bradford

    My aim, then, was to whip the rebels, to humble their pride, to follow them to their inmost recesses, and make them fear and dread us. Fear is the beginning of wisdom.

    I am tired and sick of war. Its glory is all moonshine. It is only those who have neither fired a shot nor heard the shrieks and groans of the wounded who cry aloud for blood, for vengeance, for desolation.

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