Don't let history repeat itself......

Imgormiel

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Well, we continue to be in the grip of recession globally. But if you watch this then you will see that there are parallels with the 1929 crash and today's financial mess that the 'bankers' fucked up. Interesting program for those that like their history, and interesting anyway.

BBC iPlayer - 1929: The Great Crash
 

Vintersorg

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Heh, now that you mention it, we're seeing serious parallels between our current economic situation and the situation in 1928-1929...
Not a very reassuring thought...
 

Gorbachioo

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The financial crisis is just the tip of the iceberg.

When its over, there will be an energy crisis, when thats over (if it ever is) then we'll have an environmental crisis. And when thats over, we've run out of everything else to consume. So really the financial crisis is meaningless. It might serve as a wake up call or then it might destroy the few attemps we have to prepare for the future. We'll see.

We need to realise that the last 20 years were the golden age of humanity. This era was based on consumption of resources that are beginning to deplete. 2008 was the peak of our standard of living, we wont get there again for many many decades or even centuries. How low we go before we start climbing back up again depends on us.
 

fettoken

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The doom-sayer has spoken. As it has been spoken, so it shall NOT happen!
 

TheBinarySurfer

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There was a joke back during the last crash:

How do you avoid a bad banker?
Walk around the stain on the pavement.




(in case anyone doesn't get it - lots of them jumped off buildings).
 

Gwadien

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The financial crisis is just the tip of the iceberg.

When its over, there will be an energy crisis, when thats over (if it ever is) then we'll have an environmental crisis. And when thats over, we've run out of everything else to consume. So really the financial crisis is meaningless. It might serve as a wake up call or then it might destroy the few attemps we have to prepare for the future. We'll see.

We need to realise that the last 20 years were the golden age of humanity. This era was based on consumption of resources that are beginning to deplete. 2008 was the peak of our standard of living, we wont get there again for many many decades or even centuries. How low we go before we start climbing back up again depends on us.

+ Repped for that last paragraph, i completely agree, we've been living the high life, short but very, and too sweet we shouldn't be living in the houses we have, we shouldn't have the house hold technology we have, we'll go down hill, and hard, but people need to look back, and do what they did a few years ago..
 

old.Tohtori

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No.

Things are fine.

Recession is NOT due to consuming.

Etc...

Bla bla...no you're the moron...this and that...

Also, bbc iplayer still not working outside the UK you racist f*ck :eek:
 

Imgormiel

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When you start paying your liscence fee to the UK you can start watching iplayer :flame:

I don't pay a licence, I called them over it last year, and as far as they are concerned, as long as i am not watching a live broadcast, i won't need one. I don't have a tv in my place, and iplayer does the job ;)
 

Imgormiel

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The financial crisis is just the tip of the iceberg.

When its over, there will be an energy crisis, when thats over (if it ever is) then we'll have an environmental crisis. And when thats over, we've run out of everything else to consume. So really the financial crisis is meaningless. It might serve as a wake up call or then it might destroy the few attemps we have to prepare for the future. We'll see.

We need to realise that the last 20 years were the golden age of humanity. This era was based on consumption of resources that are beginning to deplete. 2008 was the peak of our standard of living, we wont get there again for many many decades or even centuries. How low we go before we start climbing back up again depends on us.

Did you actually watch the programme? The financial crisis actually does bear alot of meaning for other issues too, I suggest you watch it again and think how it does affect alot of other issues. Energy is being looked into, as is the environment - for the past 30 years.
 

Xandax

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Heh, now that you mention it, we're seeing serious parallels between our current economic situation and the situation in 1928-1929...
Not a very reassuring thought...

One thing which is very different though - is that this time around, the politicians actually try to do something, instead of just letting everybody sink.
Whether or not one like the bailouts and what not - history have shown that something must be done instead of just letting everything fall.
 

Chronictank

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I don't pay a licence, I called them over it last year, and as far as they are concerned, as long as i am not watching a live broadcast, i won't need one. I don't have a tv in my place, and iplayer does the job ;)

Was refering to it not being available outside the UK :)
It's essentially a paid for service for UK residents though the liscence fee with a loophole allowing you to view it ;), arguably it could be justified as the BBC also gets income from other domestic sources their website is pretty vague what those source are though

Nonetheless it is a paid for service, unlike the BBC World service which is funded by the foreign and commonwealth office which our overseas comrades have free access to (although at a guess i think its intended for British citizens abroad).
 

Fuggz

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Lets face it the human race is adaptable and far reaching. Inexhaustible power can't be far off. They even think time travel is possible. Who knows what tomorrow will bring. Wish they would hurry up with something that allows pigging out on the worse type of food yet keeps you slim. Now you are talking. Am on a damn diet myself which is a pain :(.
 

Lamp

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Yes there are some parallels
No its not the end of the world as Gorbo & Joor would have us believe
Yes we will recover but it will take time
 

TheBinarySurfer

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I don't pay a licence, I called them over it last year, and as far as they are concerned, as long as i am not watching a live broadcast, i won't need one. I don't have a tv in my place, and iplayer does the job ;)

Used to work for TVL (Capita) and still have friends working there - this is an argument i've heard them talk about before. Legal loopholes like iplayer exist, but the government is looking to close them in the next few years.
 

Gorbachioo

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One thing which is very different though - is that this time around, the politicians actually try to do something, instead of just letting everybody sink.
Whether or not one like the bailouts and what not - history have shown that something must be done instead of just letting everything fall.

How wrong you are. Last time the depression was so bad exactly because politicians did something.

Smoot-Hawley Tariff Act - Wikipedia, the free encyclopedia

Many say that if the market had been allowed to work its own way we would be recovering by now. Im not an economist so i dont know is that true or not. But i do know that when we start recovering we wont just have to worry about the things i said earlier. We'll also have to pay back those trillions of dollars that we used for bailouts.

For the usual retard squad: a year ago i could have understood that optimism but........ come on.. i mean really? Everythings fine? Watch the news for crying out loud..
 

Imgormiel

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Used to work for TVL (Capita) and still have friends working there - this is an argument i've heard them talk about before. Legal loopholes like iplayer exist, but the government is looking to close them in the next few years.

I got it from the horses mouth, ie The BBC branch of license payers and debt collections. So I am acting under advice. Some how though I fail to see how they are knowing whether or not that I am viewing a live picture at any given time. That's like really pushing it, and yep I know how to change my IP address so atm they are a bit like a cockatoo fluttering it's feathers but offer no bite to spank me with on this one.

We'll see how it pans out but imo i think it's prolly too much of a costly nightmare to implement regulation on this issue as it's practically impossible to track my every move on the i-net unless we adopt the Chinese approach to the internet and somehow I don't think us Westerners would take that lying down tbh.
 

old.Tohtori

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For the usual retard squad: a year ago i could have understood that optimism but........ come on.. i mean really? Everythings fine? Watch the news for crying out loud..

Well, i don't take offense lightly, but calling me a retard.

Too far.

Apologise thank you.

As on topic, yes, everything is fine. It's not great, but it's fine.

People aren't living en masse on streets and eating rats.
 

Gorbachioo

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People aren't living en masse on streets and eating rats.

People aren't living en masse on streets and eating rats








........Yet and in the western world. Elsewhere that is very much the reality. Now ofcourse, food is so cheap (for us anyway) that we're a long way from letting anyone starve. But people are already living on the streets and it'll get much worse.
 

old.Tohtori

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Oh yeah, this is part of your "end of world i two months". Nevermind.

We're better off then any other generation ever has been, you're just living in denial.

Get out, enjoy it.

And still waiting for an apology.
 

soze

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The energy crisis i think will be worked out before it becomes too bad (Wars ect). BP and the like will have been working on renewable energy for years, and as soon as they cant make money on oil any more a miracle tecnology will come into play that will be renewable clean energy, so they will keep making £6bn a year proffit.

You think the worst i think the best :)
 

Gorbachioo

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Oh yeah, this is part of your "end of world i two months". Nevermind.

We're better off then any other generation ever has been, you're just living in denial.

Get out, enjoy it.

And still waiting for an apology.

Yeah thats sort of what i said there. We are better off than anyone has ever been. The problem is, that lifestyle isnt sustainable. You can not get past the fact that (atleast for now) wealth is created by consuming natural resources. If those natural resources run out (like now) we wont have anything to consume which will inevitably lower our standard of living unless we come up with a way to produce everything we need from something that wont run out.
 

Gorbachioo

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The energy crisis i think will be worked out before it becomes too bad (Wars ect). BP and the like will have been working on renewable energy for years, and as soon as they cant make money on oil any more a miracle tecnology will come into play that will be renewable clean energy, so they will keep making £6bn a year proffit.

You think the worst i think the best :)

I have no doubt that big oil companies have been sabotaging alternative energy forms for decades but i think its a little optimistic to say that they have fixed it all behind the scenes. Does that really sound plausible to you? :ninja:
 

soze

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I have no doubt that big oil companies have been sabotaging alternative energy forms for decades but i think its a little optimistic to say that they have fixed it all behind the scenes. Does that really sound plausible to you? :ninja:

Yes if you think they have the power to take down clean energy i think they have the power to develop clean energy they can charge for.
 

old.Tohtori

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Yeah thats sort of what i said there. We are better off than anyone has ever been. The problem is, that lifestyle isnt sustainable. You can not get past the fact that (atleast for now) wealth is created by consuming natural resources. If those natural resources run out (like now) we wont have anything to consume which will inevitably lower our standard of living unless we come up with a way to produce everything we need from something that wont run out.

What natural resource has ran out exactly?

And yes, it IS sustainable. We might lose some celebs driving bugattis around and we might not get 387 channels on TV, but that's a good thing.

We need to go back a bit to the 40s 50s "american dream"(commercial style) living. Simple home values, enjoying what we got, family more/entertainment less.
 

Gorbachioo

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What natural resource has ran out exactly?

And yes, it IS sustainable. We might lose some celebs driving bugattis around and we might not get 387 channels on TV, but that's a good thing.

We need to go back a bit to the 40s 50s "american dream"(commercial style) living. Simple home values, enjoying what we got, family more/entertainment less.

None that i know off. I said they are going to run out.

Oil being the nr1 issue. Other fossil fuels, rare metals and so on will follow. Then theres the phosphorus issue aswell. We're also running out of water.

And seriously..... You're so clueless its not even amusing anymore. Just worries me that there are people like you voting in our elections.. :ninja:
 

Jeremiah

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We're also running out of water.

I can't speak for anywhere else in the UK, but up here in Scotland we have an abundance of water. Heck, it keeps falling from the sky, we have super amounts of reservoirs, and the cleanest drinking water in the UK =) Oh, plus plenty of wind for green energy - everyone head for the highlands! =)
 

old.Tohtori

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And seriously..... You're so clueless its not even amusing anymore. Just worries me that there are people like you voting in our elections.. :ninja:

Unlike you who doesn't vote?

What did you say n one thread, oh yeah; "I don't vote 'cause it changes nothing", right?

Hypocrite to the bone still i see.

By the way "you're clueless" is not an argument of discussion.
 

Ezteq

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heh yeah that was one of the things i found so amazing when i did history a few years ago was how everything repeats itself it was so wierd to see that the same mistakes were made by peole over and over, bit like groundhog day and whenever things got really hairy what did they do?

form a committee and talk for ages then not resolve anything lol, in the end whenever the tutor was doing a lesson and got to a bit where she said "and what do you think they did?" we all chimed up "form a committee!"
 

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