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Re: A semi-serious question

Posted: Tue Mar 30, 2010 10:27 pm
by boomerang
marksiwel wrote:You think China is gonna Repo the USA? They can try, I'm Ready.
They'll send a repo man.
marksiwel wrote:See the Repo Men arent STEALING your property they are taking back whats "Theirs"

If you sold someone a car and the check bounced and knew where it was, what would you do to get YOUR Car back?

Re: A semi-serious question

Posted: Tue Mar 30, 2010 10:39 pm
by boomerang
There's a "debt saturation phase transition" chart that's making the rounds. Can anyone explain this in simple terms?

Image

The diminishing returns makes sense to me because we see the same thing in business, but I can't tell if the "knee" is an anomaly or a new trend.

Re: A semi-serious question

Posted: Tue Mar 30, 2010 11:16 pm
by surprise_i'm_armed
"Economic forecasting exists to make astrology look respectable."
John Kenneth Galbraith


They don't call economics the dismal science for nothing.
Considering our national debt and our spending problems
makes me feel pretty dismal.

SIA