There are just too many people in this world.... It's not sustainable.

Everything has to be fought for. Jobs, resources, land, fishing rights etc etc.

It's not going to get better until something DRASTIC is done about world population. If we don't sort that ourselves, then it will be left to war, famine or an epidemic to correct.

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Did some trips.
Rode some bikes.
Fix them for a living.
Can't say anymore.

Ted you are so right. The money market work's on the principal that. As the population grows more debit can be made. The greater debit than before will support the debit that is in place now.


Now lets move on. I see on a BBC news item that there is a bug that is restance to antibiotics. In the way that they have to use two very strong antibiotic to kill it off, and then it's not all ways successful. We are on our way to some kind of super bug. Hell I wish I could find the report on the BBC. Sounds to me as if it has come out of the Horizon team. What this is all about. Is if people are dying off with out clearing their debit. And there are less people to take on loans. The banking system, or the money system is going to collapse. Well that's not quite true. There will always be money. When you have the, have's and the have not's.


But as you say. It's people, there are too many of them. That and corruption.


John933

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To buy petrol in Europe. Pull up at station. Wait. Get out a 20 Euro note, then ask someone to fill up the bike. Give person money. Ride away. Simple.

It is interesting that the quote you use is from this thread 4 years ago.
Has nothing changed for you over the past 4 years?

Regarding the point about population control, the UN has the policy "Agenda 21" dating from 1992 so there is no need for concern.
There was some recent reference to the matter in the other pub thread on "global warming"; the item about Malthus' theories.

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Dave

I was just reading through the post and that one caught my eye. About my self. I'm retired and have been for some time. Every thing is paid for. Own my own house, Have no bills out standing. So all I need to do is pay for service's I use, plus food and drink. And that don't come to much. So money is not a problem to me.


What douse concern me is the generation that is coming up be hind me, and the new one being born now. How they are going to manage I have no idea. Being lucky enough to be a child of the 60's. I could just pull up the ladder as in I'm all right Jack. Or try and help. But after saying that, there are some people who you just can't help. After being the bank of Dad. The children I have helped, are really no better off with the extra I gave. They complain about the bill's they have to pay. Then tell me about a phone or i pad or some game consul brought on plastic. Trying to tell them to get only the thing's you need. Not the thing's you want. Is like banging your head against a brick wall. Trying to tell them that the less deit you have, mean's that more of the money that comes through the door is yours.


It's a strange old world.
John933

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To buy petrol in Europe. Pull up at station. Wait. Get out a 20 Euro note, then ask someone to fill up the bike. Give person money. Ride away. Simple.

I'm in much the same boat.

Over at the global warming part of the HUBB pub there has been some recent conversation on the same general lines.

All one can do with the kids, as a blood relative, is give them as good an education as possible, ensure they learn to smile and send them on their way at the age of majority.

And I do mean an education rather than the indoctrination practiced in UK establishments these days.

"How are they going to manage?" - one of my very first employers said that to me, and he was referring to me at the time.
But, expectations are extremely high nowadays, for no good reason.

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Dave

A review of Cypriot banking, based on "the historic haircut" imposed there in 2012-2013, written about a week ago.
Revisiting the Greatest Crash in History |

For those who can't abide blogs, here's the executive summary:-
Conclusion

The modern debt money system has a limited life span and it cannot stand still. The problem is that with every iteration of the boom-bust cycle, more real wealth is destroyed and more obstacles to the creation of real wealth are erected.
Hapless governments desperately try to squeeze blood out of a turnip by taxing and regulating the private sector to death, while central banks keep promoting monetary inflation. At some point the limit to this game will be reached – and the longer it takes to get to that point, the more devastating the eventual denouement will be.
We don’t see it as our task to offer a solution – with respect to that, we can only reiterate that a return to an unhampered free market system is the only way out, painful as it may initially prove to be. We know however that modern-day governments will simply not go down this path, as it would involve a vast loss of power for them.
All we can do is point out the risks, so that people can at least prepare on an individual level. A major lesson everybody should take to heart from the Cyprus experience is this: when the next crisis strikes, do not believe any of the promises uttered by government or central bank officials. You will be lied to in the critical moments, and you could stand to lose a lot if you believe the lies.
You don’t have to take our word for it: just ask anyone in Greece or Cyprus what they got for believing their deposits were safe.

+ the blog offers this succient summary of the Cypriot stock exchange situation over the past few years:
In order to fully grasp the extent of this devastation, consider the following: had you bought the market after it had declined by 90%, you would quickly have lost another 90%. Had you bought after it had declined by 90% twice, you would just as quickly have lost almost another 90%. So since 2007, this market has seen three consecutive declines of 90%. As far as we know this is unparalleled. If there had been a stock market in the Roman Empire, it might have done something similar around AD 400 – AD 500.

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Dave

So, “is there a general economic crisis, and if so, is it planned.”


Pulling together the broad themes of the last 4 years of this thread as we enter 2016:
Early replies to this thread were pretty much on topic and, thereafter, the discourse drifted around in various posts covering aspects of the pursuit of money, methods of government, what constitutes the economy, commodity prices especially the price of oil, the BRICs (major developing countries – check that out) and other matters pertaining to both macro and micro economics.


What has been going on over the last 70 years or thereabouts?
In bullet points:
The developed world put up an agreement to deal with their affairs post-WW2.
This was done while that war was still highly active but the big players in the war still found time to look forward and agree on a plan.
This is known as the Bretton Woods agreement, named after the location of the meeting in the USA.

By and large this worked fine, with improving economies for most folk during the post WW2 period, through the 50s and 60s, until:-

In 1971 the USA government of the day abandoned the “gold standard” for their currency, in effect declaring the US dollar to be “fiat” in nature.

Thereafter, and over a number of years, the private banks were de-regulated which, in effect, permitted them to move away from routine high street banking practice and to engage in “investment” banking including the use of those monies deposited by their customers.
“Investment” in this sense of the word includes speculation which does not directly contribute to the economic well-being of a nation, or of it's people.
Also, see “fractional reserve banking” for further reference.

Development of computer technology, including algorithms for trading, have accelerated the global progress of this form of investment, to a point where investing in the real economy has been neglected in the pursuit of money for the sake of money.
Reference terminology:
Hedge funds
Derivatives
Credit default swaps
Exchange traded funds (one of the latest by the way)
Take your pick.

Concurrent with the deregulation of banking, credit became “easy”, in broad terms inflation roared away but economies still had every appearance of being “sound”. For each case of some form of retrenchment in the economic miracle (just one of the terminologies in use) there would be another area of expanding economic activity, whether measured within individual countries, across continents or worldwide.
Examples:
The BRIC countries

Now, it is common reporting to learn of many cases whereby it is impossible to repay debt (for every creditor there is a debtor).
In other words the debt burden is increasing faster than the means to pay off that debt.
Numerous examples occur, across personal cases, regions or nation states.
Examples:
Greece, Puerto Rico, The Ukraine, Venezuela are all current.

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Dave