Blindness prevails, ignorance dominates!!!
Hmmm, all of this stuff about how the governments are structuring our debts are hitting very close to home for me. My wife and I both went to college at Texas A&M (I just graduated last Friday) and she has been applying for jobs as an elementary teacher since march. With her turning in over 120 applications, she didn't get a single job offer. I have only recently started lookin for jobs and I havent even got any interviews yet. We are selling all kinds of our accumulated crap to get money, and we are moving to start a new life.
I can see that at least personally, the sh*t could really hit the fan within the next few months if neither one of us gets a job. Personally, I hope that on a national level the sh*t *does* hit the fan, because that would solve our massive 75K+ in student loans, credit cards and other random debts.
If I learned anything in college, it is that in any system (bilogical, societal, economical), you can NEVER have constant growth, and the rate of growth is directly proportional to the speed of onset of the crash.
I feel that this can be especially equated to the theories (are they even theories?) of the "J" and "S" shaped curves in a natural bilogical system. a stable system will exhibit a very slow growth curve over time, and eventually it will level off and stabilize. If you graph this over time, it looks like a flat "S". However, an unstable system will show a very very slow growth followed by an absolute explosion of population, which then hits a wall so to speak, and crashes back down to either complete annihilation or a much lower stable population. If you map human population over time, you will see none other than a J curve, and if you map our economy over time, you will see another J curve.
I for one, think we are in for a major fuxoring...
Hmmm, all of this stuff about how the governments are structuring our debts are hitting very close to home for me. My wife and I both went to college at Texas A&M (I just graduated last Friday) and she has been applying for jobs as an elementary teacher since march. With her turning in over 120 applications, she didn't get a single job offer. I have only recently started lookin for jobs and I havent even got any interviews yet. We are selling all kinds of our accumulated crap to get money, and we are moving to start a new life.
I can see that at least personally, the sh*t could really hit the fan within the next few months if neither one of us gets a job. Personally, I hope that on a national level the sh*t *does* hit the fan, because that would solve our massive 75K+ in student loans, credit cards and other random debts.
If I learned anything in college, it is that in any system (bilogical, societal, economical), you can NEVER have constant growth, and the rate of growth is directly proportional to the speed of onset of the crash.
I feel that this can be especially equated to the theories (are they even theories?) of the "J" and "S" shaped curves in a natural bilogical system. a stable system will exhibit a very slow growth curve over time, and eventually it will level off and stabilize. If you graph this over time, it looks like a flat "S". However, an unstable system will show a very very slow growth followed by an absolute explosion of population, which then hits a wall so to speak, and crashes back down to either complete annihilation or a much lower stable population. If you map human population over time, you will see none other than a J curve, and if you map our economy over time, you will see another J curve.
I for one, think we are in for a major fuxoring...