Results 1 to 15 of 15

Thread: Five stages of collapse

  1. #1
    Featured Member
    Joined
    Nov 2006
    Posts
    950
    Thanks
    1
    Thanked 651 Times in 272 Posts

    Default Five stages of collapse

    http://www.energybulletin.net/node/47157

    Another great read from Dmitry Orlov, who has experienced living through the collapse of the Soviet Union. Some lessons to learn for America...

    pay attention to this:

    "The financial realm can be seen as a complex system of fences: your bank account is fenced off from my bank account. This arrangement allows you and me to not worry too much about each other, provided each of us has enough to live on. Though this is largely a fiction, we can fancy ourselves to be independent economic players on a level playing field. But once these conceptual fences become irrelevant, because there is nothing behind them, we become each others' burden, in an immediate sort of way, that would come as a shock to most people. The indignity of such physical interdependence would be psychologically devastating to many people, raising the human toll from financial collapse beyond what you'd expect from a problem that really only exists on paper. This is going to be particularly hard for a nation brought up on the myth of rugged individualism."

  2. #2
    Banned Melonie's Avatar
    Joined
    Jul 2002
    Location
    way south of the border
    Posts
    25,932
    Thanks
    612
    Thanked 10,563 Times in 4,646 Posts
    Blog Entries
    3
    My Mood
    Cynical

    Default Re: Five stages of collapse

    Orlov's commentary is skirting the very edge of a 50% financial component being required for Dollar Den discussion. However, his stages of collapse all include economic changes (profound ones) ... and as such are definitely worth pondering.

  3. #3
    God/dess Deogol's Avatar
    Joined
    Dec 2003
    Posts
    5,493
    Thanks
    120
    Thanked 50 Times in 35 Posts

    Default Re: Five stages of collapse

    Quote Originally Posted by Melonie View Post
    Orlov's commentary is skirting the very edge of a 50% financial component being required for Dollar Den discussion. However, his stages of collapse all include economic changes (profound ones) ... and as such are definitely worth pondering.
    Riding with fellow dancers for cab rides
    Trusting dancers and their boyfriends for rides to/from work/appointments
    Sharing costumes
    Borrowing money between people (yikes!!!)

  4. #4
    Member
    Joined
    Nov 2007
    Posts
    70
    Thanks
    0
    Thanked 2 Times in 1 Post

    Default Re: Five stages of collapse

    well i think this is a very good post about the soviet union and what the good ole usa is facing today..food for thought
    GO OBAMA

  5. #5
    Veteran Member person's Avatar
    Joined
    Sep 2007
    Posts
    633
    Thanks
    33
    Thanked 34 Times in 23 Posts

    Default Re: Five stages of collapse

    Quote Originally Posted by wild slash View Post
    well i think this is a very good post about the soviet union and what the good ole usa is facing today..food for thought
    GO OBAMA
    In his new high-stress, low-reward position, Obama will be charged with such tasks as completely overhauling the nation's broken-down economy, repairing the crumbling infrastructure, and generally having to please more than 300 million Americans and cater to their every whim on a daily basis.
    http://www.theonion.com/content/news..._given_nations

    I'm no economist, but I imagine it will take a few years at best to turn around the global economy, and some nations are in worse shape than others, so it's going to be a hard job for leaders in a lot of places. Hopefully they learn from history.
    Once again, the conservative, sandwich-heavy portfolio pays off for the hungry investor
    - Dr John Zoidberg

  6. #6
    Featured Member
    Joined
    Nov 2006
    Posts
    950
    Thanks
    1
    Thanked 651 Times in 272 Posts

    Default Re: Five stages of collapse

    they sure have perfected the art of stealing in the day light

  7. #7
    Banned Melonie's Avatar
    Joined
    Jul 2002
    Location
    way south of the border
    Posts
    25,932
    Thanks
    612
    Thanked 10,563 Times in 4,646 Posts
    Blog Entries
    3
    My Mood
    Cynical

    Default Re: Five stages of collapse

    here's some commentary on Orlov's article from a 'professional investors' BBS

    (snip)"He observes how young people with good jobs and poor people don't understand that anything changed. People with savings notice first. That is where we are now. It might be why stocks get bought on dips. My dentist is buying because she has not been hurt yet. I told a story from 1987 like that. They hold the market up.

    I predicted the WaMu collapse to my relatives back in Oct 2007. They moved their account and grumbled that their friend said nothing will happen. WaMu will just be moved to another bank. Their friend was right and I was right. It helps maintain the notion that nothing has happened for 60% or more of the US population..

    Next, this was funny but so true. I remember these old people photos from USSR:
    excerpt:

    "The most compelling example of lots of minds suddenly going "snap" is, to my mind, the sudden demise of the USSR. It happened with Boris Yeltsin standing atop a tank, and being asked the question: "But what will become of the Soviet Union?" And his answer, pronounced with maximum gravitas was: "Henceforth I shall only refer to it as the FORMER Soviet Union." And that was that. After that, whoever still believed in the Soviet Union appeared as not just foolish, but actually crazy. For a while, there were a lot of crazy old people parading around with portraits of Lenin and Stalin. Their minds were too old to go "snap".

    Here in the US, we are yet to experience any of the really major, earth-shattering realizations, the ones that look preposterous immediately before and completely obvious immediately after they occur. We have had minor tremors, mostly relating to financial assumptions. Is real estate a good investment. Will private retirement allow you to retire? Will the government bail us all out? All the major realizations are yet to come, or, as my die-hard Yuppie friends keep telling me, "Nothing's happened yet."(snip)


    Also, the comments from that 'professional investors' BBS inadvertently pointed out a likely reason that many SW readers can't relate very well to the forces of economic change that are now being set in motion. Dancers definitely fall into the category of 'Young people with good jobs' ... but typically without much in the way of savings or investments.

    from Orlov's article ...

    (snip)"Financial collapse seems to be particularly painful if you happen to have a lot of money. On the other hand, I run across people all the time, who feel that "Nothing's happened yet." These are mostly younger, relatively successful people, who have little or no savings, and still have good paying jobs, or unemployment insurance that hasn't run out yet. Their daily lives aren't much affected by the turmoil on the financial markets, and they don't believe that anything different is happening beyond the usual economic ups and downs.

    Commercial collapse is much more obvious, and observing it doesn't entail opening envelopes and examining columns of figures. It is painful to most people, and life-threatening to some. When store shelves are stripped bare of necessities and remain that way for weeks at a time, panic sets in."(snip)

    ~
    Last edited by Melonie; 11-15-2008 at 08:28 PM.

  8. #8
    Veteran Member XxAmber89xX's Avatar
    Joined
    Nov 2007
    Location
    Calgary, AB
    Posts
    485
    Thanks
    43
    Thanked 72 Times in 40 Posts

    Default Re: Five stages of collapse

    Mel, thanks for keeping us straight to what's Dollar Den talk and not... even in everyday lives it's hard to keep the line between finances and the non from being blurred.
    Oh Canada, we stand on cars and freeze...

  9. #9
    Veteran Member person's Avatar
    Joined
    Sep 2007
    Posts
    633
    Thanks
    33
    Thanked 34 Times in 23 Posts

    Default Re: Five stages of collapse

    I find it tricky sometimes, because "the economy" does not exist in a vacuum, and money and regulations and stuff are all tied up with other things, but I try to restrain myself from posting what I think or what others think ought to be going on, and stick to what is going on right now
    Once again, the conservative, sandwich-heavy portfolio pays off for the hungry investor
    - Dr John Zoidberg

  10. #10
    Banned Melonie's Avatar
    Joined
    Jul 2002
    Location
    way south of the border
    Posts
    25,932
    Thanks
    612
    Thanked 10,563 Times in 4,646 Posts
    Blog Entries
    3
    My Mood
    Cynical

    Default Re: Five stages of collapse

    well, the 50% content rule was my own rule, stemming from the days when the Political Poo forum still existed. Yes, it's impossible to discuss financial issues in a vacuum, and especially so these days when gov't policy is redirecting trillions of dollars to 'bail out' private sector financial entities, when announced future US gov't tax policy may fundamentally alter the investment landscape etc. However, the 50% rule does try to redirect blatant discussions of gov't policy itself over to the Member's Area, while leaving discussions of the financial fallout of gov't policy here in Dollar Den.

  11. #11
    Senior Member
    Joined
    Aug 2006
    Posts
    137
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default Re: Five stages of collapse

    Melonie, I hope you keep your standards just as they are. Money mixed with politics really spices Dollar Den up and I see very little here of the usual "my political guys are better than yours" crap found on most opinion boards.

  12. #12
    Banned Melonie's Avatar
    Joined
    Jul 2002
    Location
    way south of the border
    Posts
    25,932
    Thanks
    612
    Thanked 10,563 Times in 4,646 Posts
    Blog Entries
    3
    My Mood
    Cynical

    Default Re: Five stages of collapse

    ^^^ well the idea was to force the 'my political guys are better than yours' crap over to the Members' Area !

  13. #13
    Veteran Member person's Avatar
    Joined
    Sep 2007
    Posts
    633
    Thanks
    33
    Thanked 34 Times in 23 Posts

    Default Re: Five stages of collapse

    Here we have "my investment strategy's better than yours!"
    Once again, the conservative, sandwich-heavy portfolio pays off for the hungry investor
    - Dr John Zoidberg

  14. #14
    Curious Guest
    Joined
    Nov 2008
    Posts
    4
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Lightbulb coolrunescape.com you can buy cheap, fast runescape gold about money making

    what is the fastest way to make 1mil in runescape....i am currently making 5k bow string which will get me about 500k but i don't know what to do after that.if u would like to look at my skills look at the highscores! plz help me.........!!!!!!!!!!!Well.. around 3-4 years ago when i heard about runescape from a friend i decided to go check it out, i created 'Chavforlife' lol, you may laugh but it's true, i have no idea what made me think of that name, but yeah.. But anyway, since then i've only used this account but now it's got to the stage i actually really regret making this name in the first place, everyday my name get's commented by random player's, some "nice" comments suprisingly and some just pure hate which i understand ;p. But like with this name i'm forever getting judged, flamed when they have never actually spoken to me but meh.What about you guy's, any of you regret making your runescape account name? other game gold selling

  15. #15
    Featured Member
    Joined
    Jun 2007
    Posts
    961
    Thanks
    4
    Thanked 17 Times in 17 Posts

    Default Re: Five stages of collapse

    Quote Originally Posted by Adelina View Post
    Another great read from Dmitry Orlov, who has experienced living through the collapse of the Soviet Union. Some lessons to learn for America...
    You cannot compare apples to oranges. While both are fruit, they are not the same. The SU's "worth" was dependent upon high commodity prices. When Reagan took over, oil was what in the 60's, gold in the 800's. After a few years, oil was a third, and gold half. But there are other factors, like a state managed economy.

    If you want a better read, and something better to compare our nations downfall, try something dealing with the fall of the roman empire.

    Quote Originally Posted by wild slash View Post
    well i think this is a very good post about the soviet union and what the good ole usa is facing today..food for thought
    GO OBAMA
    lololol nObama

Similar Threads

  1. Replies: 0
    Last Post: 02-12-2011, 01:21 PM
  2. Replies: 2
    Last Post: 06-27-2009, 07:18 AM
  3. Replies: 9
    Last Post: 12-10-2008, 12:24 AM
  4. The collapse of the industry
    By leelee lah in forum Stripping (was Stripping General)
    Replies: 55
    Last Post: 07-30-2008, 11:33 AM
  5. Replies: 1
    Last Post: 11-19-2006, 07:35 AM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •