NAZInomics, Race & Culture

[umbrarchist]

The Economics of Racism 

https://m.youtube.com/watch?v=L6LNPtTM88k

 

The NAZInomic Wargame is a continuation of the Military Wargame by other means.

 

The only difference between Manifest Destiny and Lebensraum is that the 7th Cavalry did not have tanks and gas chambers in 1876.
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[frankster]

It is a contionuation of the Doctrine of Discovery and the Doctrine of Conquest.....basically Law of the Jungle - The Strong will rule over the weak...

Now Codified into American Foreign Policy as the Monroe Doctrine

[umbrarchist]

This is the result of an ongoing argument I am having on another forum about economics.

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The 2007–2008 financial crisis, or the global financial crisis (GFC), was the most severe worldwide economic crisis since the Great Depression. Predatory lending in the form of subprime mortgages targeting low-income homebuyers, excessive risk-taking by global financial institutions, a continuous buildup of toxic assets within banks, and the bursting of the United States housing bubble culminated in a "perfect storm", which led to the Great Recession. 

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Paul Anthony Samuelson (May 15, 1915 – December 13, 2009) was an American economist who was the first American to win the Nobel Memorial Prize in Economic Sciences. When awarding the prize in 1970, the Swedish Royal Academies stated that he "has done more than any other contemporary economist to raise the level of scientific analysis in economic theory".

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Thanks, it never occurred to me to look up when Samuelson died before. I guess economists do not really consider Adam Smith to be great since he wrote"read, write and ACCOUNT" multiple times and used the word 'education' Eighty Times.

Of course mandatory accounting in high schools since Sputnik could not possibly have had an effect on the 2008 Crash. We can never know, Only Speculate. Will the world be better as long as we let economists make sure that we are dumber than they are?

 

Now it is car Repos and everybody complaining about rent. Yeah, listen to economists who have been saying nothing about the depreciation of automobiles for Seventy Years!
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148 views

[ProfD]

8 hours ago, umbrarchist said:

This is the result of an ongoing argument I am having on another forum about economics.

==============================

 

The 2007–2008 financial crisis, or the global financial crisis (GFC), was the most severe worldwide economic crisis since the Great Depression. 

Paul Anthony Samuelson (May 15, 1915 – December 13, 2009) was an American economist who was the first American to win the Nobel Memorial Prize in Economic Sciences. When awarding the prize in 1970

 

Of course mandatory accounting in high schools since Sputnik could not possibly have had an effect on the 2008 Crash. 

The dates and references are meaningless to the current generation.

 

So, the argument  comes across as a crazy old man yelling at the clouds.

[umbrarchist]

10 hours ago, ProfD said:

The dates and references are meaningless to the current generation.

 

So, the argument  comes across as a crazy old man yelling at the clouds.

 

2008 and 2009?

 

The Repo Crisis is happening NOW and started a year ago.

Edited September 28, 2024 by umbrarchist
Add sentence.

[Pioneer1]

Not just a repo-crisis but also a HOMELESS crisis.

I've seen so many homeless people crowded on the streets after the Pandemic than ever.
These aren't migrants either, these are Americans....of all ages...who are just homeless.

Some of them have lost their houses, others kicked out of their apartments, others just released from jail with nowhere to go.....but THOUSANDS of them downtown.
 

[umbrarchist]

20 minutes ago, Pioneer1 said:

Not just a repo-crisis but also a HOMELESS crisis.

I've seen so many homeless people crowded on the streets after the Pandemic than ever.
These aren't migrants either, these are Americans....of all ages...who are just homeless.

Some of them have lost their houses, others kicked out of their apartments, others just released from jail with nowhere to go.....but THOUSANDS of them downtown.
 

The son of an old friend is staying in my apartment now. He just got out of jail last April. A lot of his stuff was stored here while he was in jail. I would not try to list every problem. 

 

The Repo Crisis is funny, I hate cars, and I have been telling people about planned obsolescence for decades. I asked a PhD economist to explain how an automobile engine worked. He couldn't even start. But he drove a white SUV.

 

I tried getting him to explain consumer Depreciation not being in the Net Domestic Product equation. He quit talking to me.

200 vus

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Edited September 28, 2024 by umbrarchist
Count

[Pioneer1]

28 minutes ago, umbrarchist said:

The son of an old friend is staying in my apartment now. He just got out of jail last April. A lot of his stuff was stored here while he was in jail. I would not try to list every problem. 

 

The Repo Crisis is funny, I hate cars, and I have been telling people about planned obsolescence for decades. I asked a PhD economist to explain how an automobile engine worked. He couldn't even start. But he drove a white SUV.

The strong desire to actually own a vehicle and feeling like a "loser" if you don't have one of your own is one of the major reasons so many Americans are having a hard time economically.

Owning a car, even with the massive notes and constant repairs....is part of the U.S. culture now.

Infact, it seems in MOST poor and developing nations....they have found a way to trick the people into buying old raggedy ass cars and spending most of their income on gas and maintaining these vehicles...instead of the government investing in decent mass public transportation like in "most" industrialized nations such as Japan or Belgium.

Watch any video of a third world country and you will see dirt roads PACKED with old raggedy vehicles and make-shift vehicles of all types.
If you do see busses....they are old, dirty, and crowded with people hanging off of them dangerous as hell.

I've been to Europe and I've lived in Canada where the public transportation in most urban areas are so well kept and safe, most people DON'T own cars and are proud of it.
They have a shit load of trains, busses, trams, subways, etc.....that will take you pretty much everywhere you need to go.

People go to work, to school, out on dates, etc.....on trains and busses and don't think twice about it.
Imagine a 30 year old man taking a woman he just met out on a date.....on a BUS, in the United States.
....he better call an Uber or SOMETHING, lol.

I will never forget an episode of Sanford and Son where Rollo (RIP Nathaniel Taylor) and Lamont were with two women on a date, and when they were getting ready to leave Rollo told them to HOLD UP, he'll take them home....ON THE BUS...lol.


But in Canada and Europe, they hang out with eachother all the time on public transportation and think nothing of it.
And it saves them a lot of money.


 

[umbrarchist]

15 minutes ago, Pioneer1 said:

Owning a car, even with the massive notes and constant repairs....is part of the U.S. culture now.

I have never owned a new car.

Paid $5000 cash for my last one.

Did not buy collision insurance.

 

208 vus

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Edited September 28, 2024 by umbrarchist
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[ProfD]

On 9/27/2024 at 10:14 PM, umbrarchist said:

2008 and 2009?

Any economic crises that happened over a decade is history to generation X and later.

On 9/27/2024 at 10:14 PM, umbrarchist said:

The Repo Crisis is happening NOW and started a year ago.

Repo has been around for decades. It hasn't stopped people from financing vehicles above their means.

 

As mention above, vehicles are an extension of status or self-worth especially for men. Then, there's all types of vehicles. 

 

Regardless of buyer, it doesn't matter to most that a vehicle depreciates faster than the new car smell wears off. 

[Pioneer1]

18 hours ago, ProfD said:

 

Regardless of buyer, it doesn't matter to most that a vehicle depreciates faster than the new car smell wears off. 

 

My Father used to tell me that while a house A-ppreciates....a car DE-preciates as soon as you drive it off the lot.

If you drive it away and try to return it the next day, you won't get what you paid for it.

[umbrarchist]

On 9/28/2024 at 1:54 PM, ProfD said:

 

Repo has been around for decades. It hasn't stopped people from financing vehicles above their means.

"Quantity has a quality all it's own." - Joseph Stalin 

 

Are you a car salesman?

[ProfD]

1 hour ago, umbrarchist said:

"Quantity has a quality all it's own." - Joseph Stalin 

 

Are you a car salesman?

Absolutely not a car salesman.

 

I've witnessed American gross consumerism for several decades now.

[umbrarchist]

2 hours ago, ProfD said:

 

I've witnessed American gross consumerism for several decades now.

Have you dealt with salesmen and consumers examining the products they were considering for purchase?

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Edited September 30, 2024 by umbrarchist
Correct punctuation