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Double dip recession vs Great Depression
sparkly
#21 Posted : Tuesday, October 09, 2012 4:34:29 PM
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Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
mnandii wrote:
sparkly wrote:
ChessMaster wrote:
Sorry about that.I'm not wishing for it.Its just that when there's a global depression world war tends to follow. I think it will be for resources but at the top of the list was for energy...why water?


After the third world war, there will be no WORLD. Not when small countries like Pakistan have nuclear weapons, That you can be sure of.

A certain mathematician made some calculations about two months back and concluded that there is NOT enough nuclear weapons to destroy the WHOLE world. He's called Kihanya (I forget the other name)


@mnandii see the nuclear stock piles in the world here:

http://www.ploughshares....uclear-stockpile-report

If there is an inkling of war, most nations will mobilise resources and make nuclear weapons in no time. Countries like South Korea, Japan, Brazil and Japan may not have nuclear weapons now but i belief can mobilise fast.

Mr. Kihanya, is an engineer or mathematician so must be talking about physical destruction of the world. I am speaking from a social economic point of view.
Life is short. Live passionately.
tycho
#22 Posted : Tuesday, October 09, 2012 6:04:54 PM
Rank: Elder

Joined: 7/1/2011
Posts: 8,804
Location: Nairobi
Many are the times when I tell myself that ww3 is underway.

Other wise, how do you explain the disagreement in the security council translating to thousands of deaths in Syria going for days on end?
ChessMaster
#23 Posted : Tuesday, October 09, 2012 9:35:51 PM
Rank: Elder

Joined: 2/23/2009
Posts: 1,626
The issue with Syria and Iran is very sensitive.Some months back a Chinese general and also a Russian general said they world declare world war 3 if Iran is attacked by US and/or Israel. When I get the links I'll post them. People who want to wage wars should be at the forefront not calling shots from behind that way they will leave the people who want to leave peacefully behind.
Uncertainty is certain.Let go
ChessMaster
#24 Posted : Tuesday, October 09, 2012 10:04:59 PM
Rank: Elder

Joined: 2/23/2009
Posts: 1,626
[url http://www.eutimes.net/2...-world-war-3-over-iran/]Chinese general threatens world war 3[/url]

[url http://rt.com/politics/s...-iran-nato-rogozin-749/]Any conflict on Iran is a direct threat to Russia[/url]

[url http://www.youtube.com/watch?v=YaaeET1jSyQ]Russia warns attack on war[/url]
Uncertainty is certain.Let go
ChessMaster
#25 Posted : Tuesday, October 09, 2012 10:08:09 PM
Rank: Elder

Joined: 2/23/2009
Posts: 1,626
[url http://www.eutimes.net/2...-world-war-3-over-iran/]Chinese general threatens world war 3[/url]

[url http://rt.com/politics/s...-iran-nato-rogozin-749/]Any conflict on Iran is a direct threat to Russia[/url]

[url http://www.youtube.com/watch?v=YaaeET1jSyQ]Russia warns attack on war[/url]
Uncertainty is certain.Let go
ChessMaster
#26 Posted : Tuesday, October 09, 2012 10:13:35 PM
Rank: Elder

Joined: 2/23/2009
Posts: 1,626
kenmac
#27 Posted : Sunday, October 14, 2012 5:17:14 PM
Rank: Elder

Joined: 5/26/2009
Posts: 1,793
ChessMaster wrote:
IMF Chief Economist says crisis will last a decade.LOST DECADE!!! Seems the age of skills and value is finally starting.Its either that or another world war.



this is alarmist and would best be referred as post hoc, ergo prompter hoc. Just because a world war followed the great depression does not become a credible base to argue that every depression will always be followed by a world war.
......Ecclesiastes
Cde Monomotapa
#28 Posted : Sunday, October 14, 2012 7:20:26 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Stagflation. Case study: 2000-2009 Zimbabwe.
kenmac
#29 Posted : Sunday, October 14, 2012 10:32:58 PM
Rank: Elder

Joined: 5/26/2009
Posts: 1,793
Cde Monomotapa wrote:
Stagflation. Case study: 2000-2009 Zimbabwe.



stagflation: a case of high unemployment rates and high inflation rates as was the case with Zimbabwe.

Are kenyan youth actively seeking employment opportunities? Yes, but most of them do not have skills to offer. That is why they are so easily recruited by alshabab, Mungiki and MRC infidels.

Do we risk running high inflation rates like zimbabwe? No. We have adequate monetary and fiscal policies to take care of inflation. The problem is finding an optimal rate of inflation that will not hurt the economy while not contracting our total output.

Interestingly, the media has misled the public to belief that inflation is bad for the economy. While this perception is not entirely untrue, it is incomplete. Unemployment rate and inflation rate share an inverse relationship. Therefore, reducing inflation to very low rates is likely to result in increased cyclical unemployment as workers are laid off by their employers due to decreased returns.

The challenge we face is understanding our sources of inflation and responding decisively. For example, if the inflation is caused by increased demand of good and services, aggregate supply will have to be increased which would result in reduced unemployment.
......Ecclesiastes
Cde Monomotapa
#30 Posted : Monday, October 15, 2012 6:38:31 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
kenmac wrote:
Cde Monomotapa wrote:
Stagflation. Case study: 2000-2009 Zimbabwe.



stagflation: a case of high unemployment rates and high inflation rates as was the case with Zimbabwe.

Are kenyan youth actively seeking employment opportunities? Yes, but most of them do not have skills to offer. That is why they are so easily recruited by alshabab, Mungiki and MRC infidels.

Do we risk running high inflation rates like zimbabwe? No. We have adequate monetary and fiscal policies to take care of inflation. The problem is finding an optimal rate of inflation that will not hurt the economy while not contracting our total output.

Interestingly, the media has misled the public to belief that inflation is bad for the economy. While this perception is not entirely untrue, it is incomplete. Unemployment rate and inflation rate share an inverse relationship. Therefore, reducing inflation to very low rates is likely to result in increased cyclical unemployment as workers are laid off by their employers due to decreased returns.

The challenge we face is understanding our sources of inflation and responding decisively. For example, if the inflation is caused by increased demand of good and services, aggregate supply will have to be increased which would result in reduced unemployment.

We are discussing the US/European economies mind you. Stagflation + dis-industrialization.
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