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TranceAddict Forums > Main Forums > Chill Out Room > DOW below 10,000 for the first time in 4 years
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winston
ultraviolet catastrophe



Registered: Nov 2005
Location: Yggdrasill

quote:
Originally posted by elFreak
if you had the cash to expand it would be unwise considering you seem to not be in a position to take gambles. Save the investing for when you are more financially secure. Greed is what got everyone ignoring the fact that sustainable exponential growth was impossible in the first place.

you seem smarter than that.


well, in the US (with such a potential and productive group of sectors - labour & service, technological, scientific et al) sustainable exponential growth is possible with moderate government intervention.

what got the economy into this mess were not the decisions of 'regular' ordinary people with nine to five's, but of those who wanted to live 'beyond their means', and the banks and institutions who lent and borrowed excessive amounts of financial assests that in reality they couldn't afford.

The economy is entering or has entered a 'recession' period, while there might not be exponential growth at least there will be 'some' growth. this economy is not coming down so easily, jason. your hopes of seeing america fail will not come to reality, at least not in my lifetime. that i assure you.

there is no place like america...no place

Old Post Oct-06-2008 18:24 
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fbgdavidson
Supreme tranceaddict



Registered: Apr 2004
Location: New York, NY

quote:
Originally posted by verndogs
it's bargain hunting time


I don't know how many times I've heard this since July '07!

Dollar cost averaging helps spread your risk, plus perhaps buy a little extra on big down days (like today).


___________________
quote:
Originally posted by Brizzo
"It's all gone Pete Tong" is actually a phrase in Europe, England I believe. Pretty sure that's where Pete Tong got his DJ name from as well.


The infamous Rojam ID. 14 years, 9 months and counting...

Old Post Oct-06-2008 18:26  United Kingdom
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elFreak
Blood Diamonds and Salsa



Registered: Feb 2008
Location: With Juan Pachanga Eating Tacos. Ah Ha Si Mi Gusta.

quote:
Originally posted by diggerz
well, in the US (with such a potential and productive group of sectors - labour & service, technological, scientific et al) sustainable exponential growth is possible with moderate government intervention.

what got the economy into this mess were not the decisions of 'regular' ordinary people with nine to five's, but of those who wanted to live 'beyond their means', and the banks and institutions who lent and borrowed excessive amounts of financial assests that in reality they couldn't afford.

The economy is entering or has entered a 'recession' period, while there might not be exponential growth at least there will be 'some' growth. this economy is not coming down so easily, jason. your hopes of seeing america fail will not come to reality, at least not in my lifetime. that i assure you.

there is no place like america...no place


where did i say i wanted to see america fail? It is not in the best interests of my wallet. You are coming to conclusions on my stance by reading into things that are not there.

as far as there being no place like america, i agree. (albeit maybe not for the same reasons and as a positive.) I have no hate for America, only disdain for policies that negatively affect people who are not citizens. This has absolutely 0 to do with the people of America (in general).

if sustainable exponential growth is indeed possible, i challenge you to find 1 instance of this happening in ANY country, at ANY time in history. Time travel is also possible. It just has never happened right?

I personally do not believe something to be possible until it has been proven and achieved at least once.


___________________
Le Freak - Set Archive

Le Freak - A.D.D & Chimichurri [Techno/Tech House/Music to put on burritos.]*click bitches*

Old Post Oct-06-2008 18:36 
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Sunsnail
Global Moderator



Registered: Sep 2004
Location:

China

Old Post Oct-06-2008 18:39 
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elFreak
Blood Diamonds and Salsa



Registered: Feb 2008
Location: With Juan Pachanga Eating Tacos. Ah Ha Si Mi Gusta.

not really.


___________________
Le Freak - Set Archive

Le Freak - A.D.D & Chimichurri [Techno/Tech House/Music to put on burritos.]*click bitches*

Old Post Oct-06-2008 18:40 
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Sunsnail
Global Moderator



Registered: Sep 2004
Location:

oh

Old Post Oct-06-2008 18:41 
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elFreak
Blood Diamonds and Salsa



Registered: Feb 2008
Location: With Juan Pachanga Eating Tacos. Ah Ha Si Mi Gusta.

their growth is too recent and there is absolutely no proof that the chinese economy will never stop growing.


___________________
Le Freak - Set Archive

Le Freak - A.D.D & Chimichurri [Techno/Tech House/Music to put on burritos.]*click bitches*

Old Post Oct-06-2008 18:44 
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Sunsnail
Global Moderator



Registered: Sep 2004
Location:

well of course it has to slow down eventually

Old Post Oct-06-2008 18:45 
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elFreak
Blood Diamonds and Salsa



Registered: Feb 2008
Location: With Juan Pachanga Eating Tacos. Ah Ha Si Mi Gusta.

therefore making continuous exponential growth a phenomena that has not been achieved , and a possibility only to those who get greedy way beyond reasonable expectations.


___________________
Le Freak - Set Archive

Le Freak - A.D.D & Chimichurri [Techno/Tech House/Music to put on burritos.]*click bitches*

Old Post Oct-06-2008 18:47 
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Allied Nations
Make it happen cap'n



Registered: Mar 2004
Location: MTHELL

china will implode eventually... all the polution and shit working conditions will backfire on them big time


___________________
Fortuna Favet Fortibus.

Old Post Oct-06-2008 18:56 
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gehzumteufel
In your ass



Registered: Nov 2005
Location: so cal

quote:
Originally posted by Allied Nations
china will implode eventually... all the polution and shit working conditions will backfire on them big time

And lack of water and incessant pollution of their water system are creating unsanitary water tables.


___________________
quote:
Originally posted by bas
Dual exhaust tips on dual exhaust = QUAD EXHAUST = 300 gain in horsepower. Duh

quote:
Originally posted by bas
Undies with a dickhole aren't good for guys. Your balls can get caught in them. That's why I prefer to go over the gate instead of through the fence.

Old Post Oct-06-2008 19:00  Russia
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Allied Nations
Make it happen cap'n



Registered: Mar 2004
Location: MTHELL

whats a water tablet?


___________________
Fortuna Favet Fortibus.

Old Post Oct-06-2008 19:01 
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TranceAddict Forums > Main Forums > Chill Out Room > DOW below 10,000 for the first time in 4 years
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