World stocks plummet (user search)
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Author Topic: World stocks plummet  (Read 2095 times)
opebo
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Posts: 47,009


« on: February 27, 2007, 08:53:14 PM »

Of course stocks plummeting is a sign that there are many impracticalities with the current system, but usually it is a good sign for 'the economy' and the commoners.  Such crisis often precipitate a Keyensian response, which is the only way workers every recieve any improvement in the capitalist system.
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opebo
Atlas Legend
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Posts: 47,009


« Reply #1 on: February 28, 2007, 01:01:17 AM »

Ups and downs such as this don't matter much. Now if your talking about a really big hit such as the crash of 29 well that was followed by the depression. It wasn't really a good time for anyone.

The "new economy" that gained height in the '90s has actually been nearly as bad as the Great Depression.
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

It is funny that Bandit has developed a reputation among the deludeds on this board, because he has a better understanding of economics than any of them.

Supersoulty's depression photos would not look unfamiliar to the lower half of the population in america today.
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opebo
Atlas Legend
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Posts: 47,009


« Reply #2 on: February 28, 2007, 09:08:10 AM »

As someone who comes from "the lower half" (as opposed to you) I can assure you that times are no where near that bad.

How much money do you recieve?  And do you live with your parents?
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opebo
Atlas Legend
*****
Posts: 47,009


« Reply #3 on: February 28, 2007, 02:53:43 PM »

The "new economy" that gained height in the '90s has actually been nearly as bad as the Great Depression.
Wow!!!!


You have to understand that Bandit has failed to grow up and still lives with his mother.

The Welfare System of New America EXPOSED. On the next jmfcst...

Actually 'still lives with his mother' is the explanation for most of the right-wingers on this board. 

Bandit may not always have all the details in hand, but he is completely correct in saying that the late nineties were in fact a terrible period for the lower working class (as are all periods under capitalism).
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opebo
Atlas Legend
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Posts: 47,009


« Reply #4 on: March 01, 2007, 12:04:29 AM »

As someone who comes from "the lower half" (as opposed to you) I can assure you that times are no where near that bad.

How much money do you recieve?  And do you live with your parents?

I don't "recieve" any money.  I do not live with my parents.

So how is it you do not perish without any income?
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opebo
Atlas Legend
*****
Posts: 47,009


« Reply #5 on: March 01, 2007, 01:23:24 PM »

As someone who comes from "the lower half" (as opposed to you) I can assure you that times are no where near that bad.

How much money do you recieve?  And do you live with your parents?

I don't "recieve" any money.  I do not live with my parents.

So how is it you do not perish without any income?

I have attained a certain level of financial independence, but I won't say how, becuase I don't believe it to be any of your business.  Before that, I earned my money working and I have still worked through college doing various things.

Ok, so you do recieve money.
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opebo
Atlas Legend
*****
Posts: 47,009


« Reply #6 on: March 02, 2007, 01:32:22 AM »

As someone who comes from "the lower half" (as opposed to you) I can assure you that times are no where near that bad.

How much money do you recieve?  And do you live with your parents?

I don't "recieve" any money.  I do not live with my parents.

So how is it you do not perish without any income?

I have attained a certain level of financial independence, but I won't say how, becuase I don't believe it to be any of your business.  Before that, I earned my money working and I have still worked through college doing various things.

Ok, so you do recieve money.

I earn it, yes.  I'm honestly not sure if you are trying to equate the two concepts or if you are using the words interchagably.

No, I consider the value judgement implied in the term 'earn' to be purely subjective and of little use in understanding the source of funds (aka privilege, aka power). 

Of course everyone convinces themselves they 'earned' money - and usually based on the principle of suffering/sacrifice.  As we know the poor work the 'hardest' in the sense of suffering the most; however this leads to little money recieved.  The whole work ethic is utter nonsense and a deception.
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