21 New Numbers That Show That The Global Economy Is Absolutely Imploding - page 2.

valta4065

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Quote from: Kakmakr on February 19, 2016, 01:26:22 AM

The Chinese have a massive influence in the global markets and they are the mayor reason for the latest mini collapse in the markets. The third world countries providing the raw materials for their growth were hit the hardest, because China is the biggest importer of these commodities.

The oil price will also have a huge role to play as most of these countries economies are built around their oil reserves.

That's going to be cool... Another crash! Yeah! xD

And when China will be good again it'll be Europe turn!

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Quote from: NorrisK on February 18, 2016, 03:59:53 PM

Quote from: valta4065 on February 17, 2016, 06:14:19 PM

Well this economy is complete bulshit. You can't have an economy based on infinite growth that's a nonsense from the very beginning!

Why wouldn't that be possible? That is what inflation is for. Also the amount of people on the earth keep rising, therefore the economy can keep growing in theory.

The assumption that an ever growing economic growth is not possible is probably false.

Probably?
Well no, maybe the population is growing, but not the Earth. The ressources are not growing infinitely! And the main principle of infinite growth would need the population to grow of 3 or 5 % every year? And the resources used too? Do you see how it's impossible now?

arbitrage

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Quote from: Kakmakr on February 19, 2016, 01:26:22 AM

The Chinese have a massive influence in the global markets and they are the mayor reason for the latest mini collapse in the markets. The third world countries providing the raw materials for their growth were hit the hardest, because China is the biggest importer of these commodities.

The oil price will also have a huge role to play as most of these countries economies are built around their oil reserves.

From my standpoint i think only countries rich by natural resource have some future,
Others can try their luck like US through war and force,,

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The Chinese have a massive influence in the global markets and they are the mayor reason for the latest mini collapse in the markets. The third world countries providing the raw materials for their growth were hit the hardest, because China is the biggest importer of these commodities.

The oil price will also have a huge role to play as most of these countries economies are built around their oil reserves.

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Quote from: valta4065 on February 17, 2016, 06:14:19 PM

Well this economy is complete bulshit. You can't have an economy based on infinite growth that's a nonsense from the very beginning!

Why wouldn't that be possible? That is what inflation is for. Also the amount of people on the earth keep rising, therefore the economy can keep growing in theory.

The assumption that an ever growing economic growth is not possible is probably false.

tyz

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Most of the facts go back a couple of months. How will they already arised some years ago? Maybe during the financial crises in 2008 and 2009, but afterwards most of this indicators on the post were doing very well.

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Quote from: tyz on February 17, 2016, 04:06:10 PM

Found the blog TheEcconomicCollapseBlog.com today with an interesting post titled '21 New Numbers That Show That The Global Economy Is Absolutely Imploding'.

It lists 21 facts which show how worse the world economy is doing. I searched for a couple of listed facts and they're proved right.

6 out of 21 facts:

Chinese exports fell by 11.2 percent year over year in January
In India, exports were down 13.6 percent on a year over year basis in January
U.S. factory orders have fallen for 14 months in a row
This month the Baltic Dry Index fell below 300 for the first time ever
It is now cheaper to rent a 1,100 foot merchant vessel than it is to rent a Ferrari
The number of job cuts in the United States skyrocketed 218 percent during the month of January according to Challenger, Gray & Christmas

You could find the entire blog post here

These are not actually new... I can't remember since when, but many year ago people already talking about the implosion. However, no one will know when it will happend, and at what rate it is happening.

valta4065

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Well this economy is complete bulshit. You can't have an economy based on infinite growth that's a nonsense from the very beginning!

tyz

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Activity: 3360

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Found the blog TheEcconomicCollapseBlog.com today with an interesting post titled '21 New Numbers That Show That The Global Economy Is Absolutely Imploding'.

It lists 21 facts which show how worse the world economy is doing. I searched for a couple of listed facts and they're proved right.

6 out of 21 facts:

Chinese exports fell by 11.2 percent year over year in January
In India, exports were down 13.6 percent on a year over year basis in January
U.S. factory orders have fallen for 14 months in a row
This month the Baltic Dry Index fell below 300 for the first time ever
It is now cheaper to rent a 1,100 foot merchant vessel than it is to rent a Ferrari
The number of job cuts in the United States skyrocketed 218 percent during the month of January according to Challenger, Gray & Christmas

You could find the entire blog post here

Topic: 21 New Numbers That Show That The Global Economy Is Absolutely Imploding - page 2. (Read 1582 times)