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Thread: MIT researchers predict ‘global economic collapse’ by 2030. Thoughts on this?

  1. #31

    MIT researchers predict ‘global economic collapse’ by 2030. Thoughts on this?

    What is this?



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  3. #32
    Quote Originally Posted by Carson View Post
    What is this?
    Exponential growth just like your graph.

    Watch This!

    Quote Originally Posted by Bern View Post
    I think they are much too optimistic and Mr. Martenson below is closer to the mark:

    It is worth the hour.



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  5. #33
    LibForestPaul
    Member

    Quote Originally Posted by Bern View Post
    I think they are much too optimistic and Mr. Martenson below is closer to the mark:

    This guy is a new world order $#@!...
    Definitely watch, these people are scum.

  6. #34
    Quote Originally Posted by Travlyr View Post
    Exponential growth just like your graph.

    Watch This!


    It is worth the hour.

    Travlyr,

    I'm into your video to 25:10.

    A couple of things about the way he looks at things troubles me.

    One is he talks about growth. How much of what he is seeing as growth is an illusion brought about by the counterfeiting of the currency?

    He was talking about the rising price of oil. How much of that is an illusion brought about by the counterfeiting of the currency?

    Somewhere I came across this picture. That was quite a while ago. Every time i have checked the figures it still works because silver coins are a commodity like all of the other real things we trade back and forth. The only thing that has been changing is the value of the currency we have been fooled with for a life time. Has the stock market or the economy grown? Or is it just boasting a higher price tag. You double the money supply and all of a sudden it takes twice as much and some banker or stock market genius is sure he deserves a big bonus.



    You can check pretty easy with this with a little fiddling around.

    http://www.silverandgoldaremoney.com/

    It started out around 17 to 20 cents when I was young, if I remember right. Was stuck at about 25 cents for a long time, I'm sure. I've got a receipt here from 3-20-2012 for $4.599 a gallon.


    I'm back to your video. Not sure if I can do a whole hour.
    Last edited by Carson; 04-06-2012 at 09:46 PM.

  7. #35
    Travlyr,

    At 43:00 or something.

    The guy is saying the problem we face is going from cheaper sources to more expensive sources. The cost are going to be staggering.

    The problem I see us facing is that through the counterfeiting of the money supply. No matter how much hard earned money the, "We the People" of the world could gather together to build their world the way they want, others can fire up the fake money presses and dictate their way.

    N matter where your Aunt Martha has the cookie jar with her savings in it, they can not only find it, but suck the strength right out of it like a vampire in the night. Sure they double the supply through their counterfeiting and you Uncle Phil gets twice as much for his stocks but then the same people that debased the currency stiff him with a capital gains tax on capital gains that were and illusion.

    That is just their stealth, back-door socialism. Don't even get me started on their looting of the public held resources and infrastructure to the highest briber. The only people to get any money from someone out shooting for some food and coming up with bubbling crude were the Clampett's and a few hardy individuals in Alaska.

    This guy in the video seems to think we are going to have to give a little more. Maybe some will but most of us have had the strength sucked out of our capital to the point where capitalism no longer works.


    Back for maybe one more go.

    Energy for what? Drones; the Blue Meanies new flying glove?

    I'm feeling much better now.?

  8. #36
    Travlyr,

    Hear we go. He is saying use our resources wisely.

    This sounds like one of those things like how they would say the economy was going great. We knew it sucked. Turns out they meant THEIR economy. Not ours.

    He also saying use the resources with as little disruption as possible. I pretty sure disruption would be us getting our fair share. That might mean everyone having a say and clamping down on the use AND the resources actually being used wisely...

    but then I'm tired and may be jumping to conclusions.

    Last jab at it.
    Last edited by Carson; 04-06-2012 at 10:31 PM.

  9. #37
    Travlyr,

    46:44

    I made it about ten seconds.

    Oh ya so pissed I had to go back to see why I was so pissed. He says Mexico gets something like 40% of the income from oil and they are collapsing. (Remember. Oil companies are getting in silver what they've been getting in silver for long time. The inflation has sucked the little profit we all got by on down to dust.)

    See what I mean. Perfectly sound business models that have stood up to decades and some back to the beginning of time itself can't keep up with he back-door, stealth socialism allowed by the fiat fraud. They have went and done it.



    Still must go on a little longer.
    Last edited by Carson; 04-06-2012 at 10:49 PM.

  10. #38
    48:43 and I'm done.

    The guy does speak some truths...

    but they have cost me more than I'm willing to fork up any longer. I'm just not getting any return worth the investment.



    And that's the way it is.

  11. #39
    Quote Originally Posted by enoch150 View Post
    Without reading the actual study, I'm going to call it garbage assuming this sentence reflects it accurately.

    As available resources decline and the price of those resources begins to rise, alternatives will become economically viable and R&D investment will grow until new, more efficient technologies are developed.
    I'll suggest that you watch this series - http://www.youtube.com/show?p=dF9tP5...racker=show_av

    But at the least entertain this one...................



    Before you toss out this study.
    Let them keep thinking Ron Paul supporters are just a little army. Every military strategy manual in the world has examples of the bad things that happen to arrogant commanders of massive armies that underestimate the enemy. They all lose. We will win because the human heart, despite its detractors, is meant for truth and freedom.

  12. #40
    Quote Originally Posted by azxd View Post
    I'll suggest that you watch this series - http://www.youtube.com/show?p=dF9tP5...racker=show_av

    But at the least entertain this one...................


    Before you toss out this study.
    I watched the video.

    If you take all of the world's accumulated knowledge from the beginning of time until 1 AD and expressed it as 1 unit, it took 1500 years to double that accumulated knowledge. Total world accumulated knowledge is now doubling every 15 months. And the rate is accelerating.

    Long term assumptions of resource usage are meaningless because they cannot account for this. No one can factor unknown technology into long range projections when things are changing so rapidly.

    What we can count on is two things:
    1. When supply declines and/or demand increases, prices will rise
    2. People will always try to reduce cost and increase efficiency.

    Alternatives will be developed. I reject the study.
    "Government is not the solution to our problem; government is the problem."
    Ronald Reagan, 1981



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  14. #41
    Quote Originally Posted by LibForestPaul View Post
    This guy is a new world order $#@!...
    Definitely watch, these people are scum.
    Not sure how you came to that conclusion from watching the presentation. He's quite the opposite of a NWO acolyte. He's trying to warn people that the exponential economic growth is unsustainable and we are near the breakdown point. He advocates methods for individuals to protect themselves against what's coming. He's not advocating any sort of global political "solution". In short, you totally missed the point.

    Quote Originally Posted by Carson View Post
    ...
    A couple of things about the way he looks at things troubles me.

    One is he talks about growth. How much of what he is seeing as growth is an illusion brought about by the counterfeiting of the currency?

    He was talking about the rising price of oil. How much of that is an illusion brought about by the counterfeiting of the currency?
    ...
    It's been a few months since I watched the video, but I recall the main point being growth in the demand for energy. That has nothing to do with currency debauchment.

    Quote Originally Posted by Carson View Post
    ...
    The guy is saying the problem we face is going from cheaper sources to more expensive sources. The cost are going to be staggering.

    The problem I see us facing is that through the counterfeiting of the money supply. ...
    He is talking about EROI - energy return on investment. It costs more energy (not money/currency) to access/develop resources (mine coal, drill less accessible oil caches, etc.) as the sources that were easy to access with little cost are used up. He is talking about diminishing returns.

    Quote Originally Posted by Carson View Post
    ...
    Energy for what? ...
    Our whole economy is dependent upon energy to manufacture and transport goods.

    Quote Originally Posted by Carson View Post
    ...
    Hear we go. He is saying use our resources wisely. ...
    As I recall, he was trying to show that even *if* resources were used wisely, the event horizon where demand will overwhelm supply is imminent. Unless some Nikola Tesla genius discovers a cheaper energy source very, very soon, the math is not favorable for the status quo - unless, I suppose a world war wipes out a significant portion of the population. That would be one way to dampen demand.

    Quote Originally Posted by enoch150 View Post
    ...
    No one can factor unknown technology into long range projections when things are changing so rapidly.
    ...
    Alternatives will be developed. I reject the study.
    You are betting your children's future on an assumption for which there is no supporting evidence. Martenson did talk specifically about this issue.

  15. #42
    Quote Originally Posted by Carson View Post
    Travlyr,

    46:44

    I made it about ten seconds.

    Oh ya so pissed I had to go back to see why I was so pissed. He says Mexico gets something like 40% of the income from oil and they are collapsing. (Remember. Oil companies are getting in silver what they've been getting in silver for long time. The inflation has sucked the little profit we all got by on down to dust.)

    See what I mean. Perfectly sound business models that have stood up to decades and some back to the beginning of time itself can't keep up with he back-door, stealth socialism allowed by the fiat fraud. They have went and done it.



    Still must go on a little longer.
    Interesting take. I thought he made some good points about conventional wisdom. The next 20 years may not demonstrate exponential growth like the last 20. It will be a changed world. I didn't really get that it was all about the money. Exponential population growth mixed with human desire to acquire wealth does deplete available non-renewable resources on an exponential scale. What we should be doing is finding our senators & representatives, grabbing each one of them by the ear, drag them across the isle and force them to audit the Fed and legalize the most renewable resource and green plant known to man... industrial hemp. It is completely irresponsible to not be making high quality products out of the Earth friendly plant.

    Still it was two hours well spent just for the perspective ... even if he is wrong.

  16. #43
    Quote Originally Posted by Travlyr View Post
    Interesting take. I thought he made some good points about conventional wisdom. The next 20 years may not demonstrate exponential growth like the last 20. It will be a changed world. I didn't really get that it was all about the money. Exponential population growth mixed with human desire to acquire wealth does deplete available non-renewable resources on an exponential scale. What we should be doing is finding our senators & representatives, grabbing each one of them by the ear, drag them across the isle and force them to audit the Fed and legalize the most renewable resource and green plant known to man... industrial hemp. It is completely irresponsible to not be making high quality products out of the Earth friendly plant.

    Still it was two hours well spent just for the perspective ... even if he is wrong.
    Like is said. I was tired. I also have mania about currency fraud. Ever had a horse stand on your foot?

    Maybe later I'll take another look. I'm hearing you and the guy in the video about the growth and the limited resources. It could also be that I'm not getting much out of him except I can feel a set-up coming on.

    They had the big important goals that worked you over with when they wanted to control the population. Long drawn out explanations of limited water and room on the roads. At the same time they were snuffing out the people that could reason they were opening the floodgates to the worlds population problem. They did it globally. This is sounding a whole lot like another such scheme.

    Still need more rest to play more of it...and I just woke up.

    Thanks though Travlyr.

  17. #44
    Quote Originally Posted by Carson View Post
    Travlyr,

    46:44

    I made it about ten seconds.

    Oh ya so pissed I had to go back to see why I was so pissed. He says Mexico gets something like 40% of the income from oil and they are collapsing. (Remember. Oil companies are getting in silver what they've been getting in silver for long time. The inflation has sucked the little profit we all got by on down to dust.)

    See what I mean. Perfectly sound business models that have stood up to decades and some back to the beginning of time itself can't keep up with he back-door, stealth socialism allowed by the fiat fraud. They have went and done it.



    Still must go on a little longer.
    True that the Mexican government gets most of its revenues from oil sales. The problem there is that due to growth in domestic demand combined with stagnant growth in production they are expected to lose their status as a net oil exporter- which would lose them a major reveue source. Article from earlier this year:

    http://www.reuters.com/article/2012/...8DTCSV20120301
    UPDATE 2-Mexico oil output seen stagnant next 14 yrs
    Feb 29 (Reuters) -

    Mexico's oil production is seen stagnating at around 2.8 million barrels per day (bpd) over the next 14 years unless the state oil company Pemex significantly boosts investment, the energy ministry said in a report on Wednesday.

    The world's No. 7 oil producer currently produces 2.55 million bpd of oil, as Pemex has managed to stabilize a dramatic decline in production at its largest aging fields, most notably the giant Cantarell field.

    Pemex has struggled to replace lost output with new discoveries and risks becoming a net oil importer within the next decade as energy demand rises.
    http://latino.foxnews.com/latino/new...-oil-revenues/
    Federal Reserve Official Worried About Mexico's Oil Revenues


    Published March 01, 2012

    Read more: http://latino.foxnews.com/latino/new...#ixzz1rNtaVsMF

    Federal Reserve Bank of Dallas President Richard W. Fisher said he was concerned about Mexico’s falling oil revenues because this trend could affect the government's ability to finance public programs.

    Hydrocarbons account for 34 percent of Mexico's public revenues, but petroleum production has fallen 25 percent since peaking in 2004, Fisher said in an address Wednesday to the Mexican Stock Exchange.

    Livin’ la Vida Loaded in Mexico City

    "The future ability of the Mexican government to finance its needs in an era of declining petroleum production ... concerns me," Fisher said.

    Mexico's tax revenues relative to gross domestic product (GDP) rank at "the lowest levels in Latin America, despite the government's best efforts to increase fiscal revenues," the Dallas Fed chief said.

    "It is important to find new ways to maintain a balanced national budget as required by Congress, and to be able to do this without choking off economic growth," Fisher said.


    Read more: http://latino.foxnews.com/latino/new...#ixzz1rNtOJce4
    Last edited by Zippyjuan; 04-07-2012 at 01:26 PM.

  18. #45

  19. #46
    Quote Originally Posted by John F Kennedy III View Post
    I predict a global economic collapse by 2013. Let's see who is closer.
    I didn't read the whole article, but I think the MIT thing is talking about simple resource depletion. But I wonder if the financial bubble will result in economic break down much sooner than 2013. Perhaps whenever the U.S. dollar collapses? I think Ron Paul said he thinks this could happen at any time. And I believe the consensus is that once the dollar crisis starts it will unwind very rapidly. Like a couple of weeks or thereabouts.

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