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Forward Observer
Joined: 13 Jan 2009
Location: FOB Gloria
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 Posted: Fri Feb 20, 2009 10:03 pm Post subject: |
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Not too long ago, someone in a bar (prolly a military guy) sitting behind me, said to his friends, "What we need right now is a world war, killing off millions of people - then things will get better".
Wow. |
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Ya-ta Boy
Joined: 16 Jan 2003
Location: Established in 1994
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| Posted: Fri Feb 20, 2009 10:05 pm Post subject: |
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| mises wrote: |
| But to be negative again... A bad hurricane season, a bad earthquake in California, a terrorist attack, a nuclear accident at a powerplant.. Any of these types of things would really be a nightmare (much more so than usual). We need perfect stability. A good crop, no military crises abroad etc. The system is fragile. A soft wind could blow it over. This goes for the whole OECD and basically everybody else and not just North America. |
That's occurred to me, too. Now is just not the time for Mother Nature to take revenge for past injustices and indelicacies. There was a report a couple of weeks ago about Yellowstone Nat'l Park trembling more than usual. Something like half the state of Wyoming just rose another couple of inches (I'm exaggerating). This would not be an opportune time for it to go supervolcano. |
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mises
Joined: 05 Nov 2007
Location: retired
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| Posted: Fri Feb 20, 2009 10:06 pm Post subject: |
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| Forward Observer wrote: |
Not too long ago, someone in a bar (prolly a military guy) sitting behind me, said to his friends, "What we need right now is a world war, killing off millions of people - then things will get better".
Wow. |
He is just repeating a pretty main-stream (ahem, krugman) idea that the big war got America out of the depression. The idea is false, but very widely held. |
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Ya-ta Boy
Joined: 16 Jan 2003
Location: Established in 1994
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| Posted: Fri Feb 20, 2009 10:08 pm Post subject: |
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| Forward Observer wrote: |
Not too long ago, someone in a bar (prolly a military guy) sitting behind me, said to his friends, "What we need right now is a world war, killing off millions of people - then things will get better".
Wow. |
That's a commonly held belief. I remember bunches of teenage boys saying that when I was a high school teacher. |
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rusty1983
Joined: 30 Jan 2007
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| Posted: Sat Feb 21, 2009 12:39 pm Post subject: |
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Im predicting the US is gonna be ok, finacne wise. Whether that equates to high living standards is debatable as you lot do waste a lot of money. However, youre still the world leaders by a stretch and I dont think thats gonna change soon.
Also, you have probably the strongest military the world has ever seen, and if you think that doesnt pay off you are naive. |
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rusty1983
Joined: 30 Jan 2007
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| Posted: Sat Feb 21, 2009 12:48 pm Post subject: |
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| Forward Observer wrote: |
Not too long ago, someone in a bar (prolly a military guy) sitting behind me, said to his friends, "What we need right now is a world war, killing off millions of people - then things will get better".
Wow. |
I can see what he means though, in my own way. Things need levelling a little, people need to be a bit more humble. |
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