tag:blogger.com,1999:blog-2992740250270600844.post305192183843640983..comments2024-03-24T05:26:32.964-07:00Comments on Advancing Time: The Signs Of Economic Stagnation Are On The RiseBruce Wildshttp://www.blogger.com/profile/10181323607060607040noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-2992740250270600844.post-69817009268049369032019-06-03T21:46:25.368-07:002019-06-03T21:46:25.368-07:00"A large part our perception of a booming eco..."A large part our perception of a booming economy flows from the low unemployment rate issued by the Bureau of Labor statistics which is based on employees "who did any work for pay or profit" during the week being surveyed,..."<br /><br />And these statistics are utter frauds by the way. I am a skilled IT professional and one in four of my colleagues <br />is unemployed at any one time. Real statistics can be found<br />at...www.shadowstats.com<br /><br />Based on what I am seeing "on the street" here in the pacific<br />northwest the shadowstats finding are terrifyingly accurate..SS NNNNNhttps://www.blogger.com/profile/08737576153878936813noreply@blogger.comtag:blogger.com,1999:blog-2992740250270600844.post-60296182642859253242019-05-06T21:27:52.554-07:002019-05-06T21:27:52.554-07:00The MSM spins the "positive" online shop...The MSM spins the "positive" online shopping story, but it's only the cost cutting all businesses do when they're in trouble. People are squeezed by high living costs, and have very little disposable income. So the retail sector has to adapt and try to suvive with diminishing sales.yngsohttps://www.blogger.com/profile/09409984141674810490noreply@blogger.comtag:blogger.com,1999:blog-2992740250270600844.post-38848541773383372322019-04-21T13:17:47.268-07:002019-04-21T13:17:47.268-07:00I don't think retail accounts for stagnation, ...I don't think retail accounts for stagnation, many buy through computer now. Health care is in it's own meritocracy, dressed up nice to make it look good, it's more of a poison pill, where the patients are seen like commodity, or widgets on an assembly or disasembly line. But, that's 20% of GDP. Economy is starting to drift and plane out some. It's big economy it doesn't slow down so quick, ripe with fraught and fraud, years of world reserve currency dominance just makes it easier to hit the reset button every time the foundation crumbles (again).toysarefunhttps://www.blogger.com/profile/14479273575282802493noreply@blogger.comtag:blogger.com,1999:blog-2992740250270600844.post-12500735132424167792019-04-14T16:22:58.114-07:002019-04-14T16:22:58.114-07:00Yes sir, I actually read it when you posted it and...Yes sir, I actually read it when you posted it and it was excellent. However I would like to say that my comment wasn't directed soley at the United States. What you right is not a predicament that affects just the US but every eCONomy on the planet. Our troubles stem from the fact that our Banking, Fiscal and Monetary policies are all based on exponential growth. It's the reason why our debt continues to exponentially balloon. This problem is global as when the inevitable collapse happens, it will take down every economy in the world. Since 2008 we have tried to fix the problem with what got us into the problem in the first place. So our problem is now 8-10x worse than 2008. Hank Paulson in 2008 said if the TBTF were not bailed out the world's economy would come to a grinding halt and Martial Law would have been in place in the US with tanks roaming every major city.<br /><br />Without that debt our economy would go into reverse and freefall into a collapse. However because of that exponential debt you also need an exponential population growth to service the current and future debt. It's what's called "infinite growth on a finite planet". The world only has so many resources available but we are operating on the premise that we will never run out of resources. That is the problem.<br /><br />Saudi Arabia has admitted that their largest most profitable oil field for decades, The Ghawar field is in decline from 5.8 mb/d to 3.8 mb/d and some oil experts are saying the 3.8 mb/d are actually much lower.<br /><br />We are also blowing up this planet with plastics in the ocean, we have ocean dead zones, coral reef die offs, insect and bird die offs, just to name a few. So in other words our money problems are just the tip of the iceberg.<br /><br />I hope in the future you might focus on our global conundrum where we are all heading. Besides that I have followed your work for years and you seem to understand what a mess we are all in.Rod Briggshttps://www.blogger.com/profile/01892085143658761123noreply@blogger.comtag:blogger.com,1999:blog-2992740250270600844.post-90300939180886409242019-04-14T08:49:18.933-07:002019-04-14T08:49:18.933-07:00Thanks for the comment! If oyu get a chance please...Thanks for the comment! If oyu get a chance please take a look at an article I wrote a few days ago that explores "Trumponomics" in all its glory and finds it to be flawed.<br /><br />https://brucewilds.blogspot.com/2019/04/the-trump-economy-is-mirage-based-on.htmlBruce Wildshttps://www.blogger.com/profile/10181323607060607040noreply@blogger.comtag:blogger.com,1999:blog-2992740250270600844.post-45120078742778365652019-04-13T13:19:14.281-07:002019-04-13T13:19:14.281-07:00I can't say when but one day this Empire will ...I can't say when but one day this Empire will come crumbling down and it will takedown this fraudulent global eCONomy. The signs are disturbing and they are all there for everyone to see. How many will be caught by surprise. I can unequivocally say, not me.Rod Briggshttps://www.blogger.com/profile/01892085143658761123noreply@blogger.com