Posts: 11928
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Registered: Apr 2009

posted April 05, 2012 02:04 AM            

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(i know, hate yahoo news too & move this, if it doesnt belong in one of the possible three or four forums it could potentially go it...but..)
http://news.yahoo.com/blogs/sideshow/next-great-depression-mit-researchers-predict-global-economic-190352944.html

thoughts?

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Posts: 11928
From:
Registered: Apr 2009

posted April 05, 2012 02:07 AM            

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What goes up must always come down, unforunately.

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posted April 05, 2012 10:06 AM              

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Very Interesting, thank you for sharing.

Personally I think by 2030 there won't be any standing global economic structures left to collapse. I'm predicting doom and gloom about 2016-ish. It seems as though from the end of this year (2012) until about 2016ish will be fighting to keep our old structures intact but any resistance to change and a new way of life will ultimately end badly. If we're hoping to salvage things, especially natural resources, we as a civilization have to make changes right now. Change is the way and if we don't accept it we might be in for a cosmic surprise.

The way things are now are as good as they'll ever get based on the current structure of our financial and political systems. There's a reason these old systems are falling apart. Things are going to drastically change. You can already see that resistance in politics globally. It's interesting. Personally I think we as a human race need to learn to just let go and not be so resistant. Allowing the forces of change to sweep over us. Change is necessary, it's not always good but it's necessary. Things are meant to get better if we only allow this cosmic change.

The question I ask myself watching the world walk the edge of chaos is why are people so afraid of change? No matter what we think or believe things always have to change, it's evolution. People always want to go back to the way things "were." But we can't it's the whole point of evolution. I just don't understand it.

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Posts: 64915
From: Saturn next to Charmaine
Registered: Apr 2009

posted April 05, 2012 12:14 PM            

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This probably should be in GU. But what goes up does indeed come down, which is why we have recessions and market corrections; however, I don't feel there will be a global collapse. I see just the opposite happening. In around five years or so, we will be riding high again. They are already bringing back subprime loans for cars. And FHA will finance people for homes 24 months into a bankruptcy. The key is to ensure people can afford the payments. People were getting approved based upon whether or not they could fog up a mirror, which is insane. Maybe we have learned from those mistakes and won't let things get out of hand next time.

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"Never mentally imagine for another that which you would not want to experience for yourself, since the mental image you send out inevitably comes back to you." Rebecca Clark

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posted April 05, 2012 01:10 PM              

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Since the economy is not a person, the natural flow of evolution doesn't really affect economic structures. It's the people that influence the economy and the economy reacts to changes within society. Under the assumption that we will continue to live within that economic societal framework, things could possible get better, I mean if the sky starts falling. However there is an assumption that many of these systems that we've used to develop our global nations are vastly outdated. And not only outdated, catered to a specific segment of society (the elite and the western world) and detrimental to the sustainability of many natural resources needed to sustain life on earth.

Are we even sure that currency will be an issue in 10 years? Will capitalism be a viable economic framework with changing perceptions and growing unrest with many people around the world? I think we'd be being quite wishful to think that our current economic and political systems will continue to thrive past this decade.

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Posts: 21
From: Pittsburgh, PA, USA
Registered: Mar 2012

posted April 05, 2012 01:36 PM            

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Ah, this is a subject that perturbs me much and I do much pondering. There must be a reason I had quite a bit of training in the area of "Economics" during college (was almost my major but I ended up finishing my degree in another area). I've also spent practically my entire working life with my finger on the pulse of "the little man/woman" and feel that this is where the power will ultimately transfer despite all of the manipulations at "the top of the heap." To me, capitalism as it is practiced is not viable - the idea that "competition is good" does not work when the idea is to drive ones competition out of existence (it seems that way in the industry I'm working in right now, anyway!) and become the only player in town. Though, I'll admit that ends up being a cyclical thing anyway since new competition will always arise. It's just all the greed and lust for more-more-more that really gets to me and I feel that honest change for the better can revolve around cooperation and sharing, and not the type enforced through taxation/redistribution! AND I have also often been called "Pollyanna," lol!

Don't get me wrong, I like a bit of comfort and freedom from the stress of wondering how-in-the-world I will be able to pay all the costs of living as much as anyone else. I do have to remind myself frequently of how much easier I have it than some others do when I am so down about how much worse I have than some other others! I suppose there is that part of me that will feel that I am failing until ALL can succeed - argh, quite a lofty goal for an Earth mission, eh?

Oh, whatever the developments may be, I'm sure they'll be interesting and will want to have a seat down in front for a good view. Just feeling that it's ALL, like Everything, closely tied to Replacing Fear With Love.......

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Posts: 64915
From: Saturn next to Charmaine
Registered: Apr 2009

posted April 05, 2012 02:28 PM            

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Yes, capitalism will remain alive and well in America, and it will probably spread to the globe even moreso than in recent history. I see China being a major factor as well. According to economics, economies do cycle predictably, even though not "alive."

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"Never mentally imagine for another that which you would not want to experience for yourself, since the mental image you send out inevitably comes back to you." Rebecca Clark

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posted April 05, 2012 03:27 PM              

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I won't attempt to predict America's future in regards to capitalism because it's a sensitive topic in the states.

However I will say that I don't envision our current economic structure becoming the platform for other global nations. The world has bared witness to the failings of capitalism, specifically within the last decade. Adapting our economic structuring globally to mirror the Western World might not be in the best interests of the citizens of this planet. The hypocrisy would just spread.

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Posts: 11928
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posted April 05, 2012 05:48 PM            

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Great responses. Thank you. I'm feeling too foggy-headed and unweill to write much today, but I feel similarly, Joan. Major changes are in store and a 2016 timeframe seems more accurate. Just a gut feeling. And no! nothing wrong with change! We desperately need it on so many fronts!

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Posts: 1655
From: the baseball hall of fame
Registered: Nov 2014

posted March 26, 2016 01:44 PM            

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I'm watching The Big Short for the second time. I was looking for another more recent thread, because when I first saw it I wanted to mention how Venus went retro on 2007. My gut told me it was related to the 2008 crisis, but you know...everyone wants to why you're saying **** ...anyway I think it's really interesting how the people who knew to bet against the housing market were waiting for the 2nd quarter of 2007 when the adjustable rates on subprime mortgages would kick in. That's when expected default rates to "skyrocket". That's also around the time Venus would have entered her shadow in Leo or maybe was already retro. I'll get clear later.

Anyway, I was looking for another thread to make that comment...but look at T's comment just above. She made that comment about 2016, way back in 2012!

For anyone who doesn't know, Venus went retro in Leo last summer. I'm thinking good keyword searches are WTO and Chinese Yuan...idk...

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Posts: 1655
From: the baseball hall of fame
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posted March 26, 2016 01:47 PM            

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Darn it. I don't like where this thread is.

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Posts: 9318
From: Blue Star Kachina
Registered: Apr 2009

posted March 26, 2016 02:28 PM            

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I noted the predictions of a change starting in 2016. With this wacky election year, sounds about right.

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Partial truth~the seeds of wisdom~can be found in many places...The seeds of wisdom are contained in all scriptures ever written… especially in art, music, and poetry and, above all, in Nature.

Linda Goodman

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Posts: 1655
From: the baseball hall of fame
Registered: Nov 2014

posted March 26, 2016 02:30 PM            

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On the other thread I can't find, someone mentions a conjunction I can't remember showing economic downturn sparked by political upset. Thanks for commenting Juniper.

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Posts: 588
From: Sirius
Registered: Jul 2013

posted May 08, 2016 06:32 PM            

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Here is same topic from Astrology 2.0 http://www.linda-goodman.com/ubb/Forum24/HTML/234652.html

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