We are in a Depression. Read on.

[TheCoolinator]

Originally Posted by The Leader

You're a big boy, shouldn't you be able to figure it out on your own?

Your the ones hiding behind this "theory" you just created....shouldn't you have all the numbers at the ready?

Question:

How much money was spent in 1970's on the economy? And is it even CLOSE to the amount of money being spent today? And how long did it last?

It's your retort. Prove it.

[The Leader]

Oh, what's the matter Coolie? You don't like it when people mimic the way you post?

[TheCoolinator]

Originally Posted by The Leader

Oh, what's the matter Coolie? You don't like it when people mimic the way you post?

I'm just saying if you're going to pull out a theory like that out of the air then at least back it up.

How much money was spent in the 1970's on the economy and does it equal the amount we are spending today?

Very simple question. If you don't have an answer then its.....

Check

and

mate

[The Leader]

So you're saying that all of the times that you have pulled things out of the air and then refused to back them up that you were making it all up!? Why Coolie, why couldn't you just admit that you don't know what you're talking about?

[TheCoolinator]

Originally Posted by The Leader

So you're saying that all of the times that you have pulled things out of the air and then refused to back them up that you were making it all up!? Why Coolie, why couldn't you just admit that you don't know what you're talking about?

Does it eat you up inside that you can't prove any of this wrong?


(prepares for cap lock rant)

[Pentegarn]

I love how he repeatedly throws out the 1.5 quadrillion figure out there when cars cost a fraction of what they cost now in the 70s and the average income was much much lower then. Inflation at work. An intelligent person would instead compare cost of living percentages, quality of life (no bread lines now are there? No masses of drifters moving from city to city looking for work?), and % of unemployment. 1.5 quadrillion world wide is not a big deal when even whopper floppers make 5 figures annually. In America alone there are roughly 200 million workers nationwide

So lets say for the sake of this illustration they all make 20000 per year

200,000,000 * 20,000 = 4,000,000,000,000

That's 4 trillion, by itself, before you take into account any variables like uber rich, business owners, and the like. One country, just one. We aren't even the top overall country when it comes to earnings. We are around 9th last I heard...

Multiply in all the other places that pull down that earning power (Japan, UK, France, Netherlands, Australia, etc) And that 1.5 quadrillion number is put into perspective

There's your numbers, but any high school level economics student could have told you that

[The Leader]

Originally Posted by TheCoolinator

Does it eat you up inside that you can't prove any of this wrong?


(prepares for cap lock rant)

Are you so dense that you cannot be eaten up inside by the knowledge that you are a complete fink?

(prepares for some horribly unwitty remark which of course has been repeated numerous times before)

[Colonel Flagg]

As one who lived through this period of time (albeit I was very young at the time) I do remember most of the so-called "cash infusion" came in the form of rampant inflation - 21+% at its highest, if I recall correctly. (no I didn't bother looking it up) Times sucked. THere was rationing, COLA increases - there was even a wage-price freeze as Presidents Nixon and then Ford and Carter tried to come to terms with some of the worst economic times in my lifetime.

In a word, these times sucked.

Yet it still wasn't a depression. That would be worse.

Truth.

EDIT: And now I wait to be called a mumbling moron. Or be ignored totally.

[Colonel Flagg]

Pentegarn, your signature - it sounds like an argument a "certain someone" might make, doesn't it?

[TheCoolinator]

Originally Posted by Pentegarn

I love how he repeatedly throws out the 1.5 quadrillion figure out there

That's a quadrillion dollars worth of global derivative debt. "Troubled assets"

Originally Posted by Pentegarn

An intelligent person would instead compare cost of living percentages, quality of life (no bread lines now are there? No masses of drifters moving from city to city looking for work?), and % of unemployment.

US living standards have been cut by 2/3 since 1960 and more austerity measures are coming (Death Panels), Don't need bread lines anymore if food stamps come on credit cards, drifters are in the form of tent cities (google it), we have an unofficially number of 25-30% unemployment...depression levels...

Originally Posted by Pentegarn

1.5 quadrillion world wide is not a big deal
......
And that 1.5 quadrillion number is put into perspective

Gotcha!

1.5 quadrillion dollars worth of speculative derivative financial instruments is many, many, many times larger then the worlds GDP.

That's the entire globes...GDP. Are things coming into focus now?

Originally Posted by Pentegarn

That's 4 trillion, by itself,

We've spend much more then 4 trillion on the bailouts.....and we are keeping that spigot running. Bleeding us dry.

Won't know what hit ya when it comes but I'm sure you'll rationalize it like everything else.

[The Leader]

Originally Posted by TheCoolinator

Won't know what hit ya when it comes but I'm sure you'll rationalize it like everything else.

Are you jealous that he is capable of such things?

[TheCoolinator]

Originally Posted by The Leader

Are you jealous that he is capable of such things?

Jealous isn't the word. More like Pity.

[The Leader]

Yeah, you would pity people capable of higher functions than you. That just seems to be how you work.

[kahljorn]

"Don't need bread lines anymore if food stamps come on credit cards"

yea cause in a real depression there would totally be enough food/money to just let people buy whatever they want from a grocery store.

[TheCoolinator]

Originally Posted by The Leader

Yeah, you would pity people capable of higher functions than you. That just seems to be how you work.

I'm sorry,

I'm not delusional. The depression exists.

[The Leader]

The first way I interpreted that post was that you were not delusional and that you were depressed because you actually understood what kind of a person you were.

Also, if it exists shouldn't you be able to prove it?

[TheCoolinator]

Originally Posted by The Leader

The first way I interpreted that post was that you were not delusional and that you were depressed because you actually understood what kind of a person you were.

Also, if it exists shouldn't you be able to prove it?

Just did. You just won't admit it because of some pride issue you're dealing with.

[The Leader]

Why do you think you constantly project your own feelings and shortcomings onto others? Is it because your father touched your butt hole when you were young?

[TheCoolinator]

Originally Posted by The Leader

Is it because your father touched your butt hole when you were young?

Got nothing left? I understand. Its OK.

[The Leader]

See previous post.

[Pentegarn]

Originally Posted by TheCoolinator

Your the ones hiding behind this "theory" you just created....shouldn't you have all the numbers at the ready?

Question:

How much money was spent in 1970's on the economy? And is it even CLOSE to the amount of money being spent today? And how long did it last?

It's your retort. Prove it.

Originally Posted by TheCoolinator

You have to do your own research.

I'd post the "It's not my job to think for you" quote too, but I am getting tired and lazy about mocking you

[TheCoolinator]

Originally Posted by Pentegarn

I'd post the "It's not my job to think for you" quote too, but I am getting tired and lazy about mocking you

Did you do anymore research on financial derivatives? and how many are them floating around? and have they caused the depression?

[The Leader]

Coolie, tell me about your childhood and your parents.

[The Leader]

More specifically, tell me about your mother.

[Pentegarn]

Bottom line, you keep saying unofficial this and projected that. These are things that mean (pay attention here) NOT OFFICIAL!!!!!

They aren't official because they don't really exist. Unofficial unemployment is like my unofficial times I have banged Natalie Portman because I thought of her before I blew a wad. Only I am able to recognize how silly and wrong my unofficial figure is, and you can't recognize the same thing about yours.

Saying "gotcha" and quoting fragments of my post proves nothing other than you edit and spin