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in 40 years time, state benefits won't exist.

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Old Jan 3, 2013 | 12:58 PM
  #31  
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Originally Posted by TelBoy
In 40 years' time, America will probably be bankrupt. That will put the cat amongst the pigeons for capitalism.
But we will survive. Always have, always will.
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Old Jan 3, 2013 | 01:05 PM
  #32  
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Originally Posted by TelBoy
every capitalist economic model on the planet is teetering on the brink of collapse
Isn't that what they said during the Great Depression in the 1920s?

Let’s just hope capitalism can manage to teeter on for another 100 years or so, then!

Pensions and other state benefits will exist for as long as Britain remains a ‘democracy’ and the electorate decide they’re what it wants.
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Old Jan 3, 2013 | 01:06 PM
  #33  
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one good thing about in 40 years time, psl wont be here
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Old Jan 3, 2013 | 01:17 PM
  #34  
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Originally Posted by TelBoy
Yes i think it will have an effect, the UK has only scratched the surface of fracking. But the US, where it's comparatively well established, is still facing financial meltdown. It just feels like the machine has become too unwieldy the world over, and developments like this are just temporary elasoplasts. But hey, people have predicted the end of capitalism and consumerism for many decades; if the road is long enough, who knows how long you can keep kicking the can down it.
People will adapt. I don't think there will be an end to consumerism, but I think it will be different. Technology will get around it. The sort of technology that allows us to get the same end result with much less input in the way of resources.

Ultimately though, does the population have to keep growing? Is that the goal for humanity - and to own more and more stuff?

That's one reason we're kicking the can down the road: this constant expansion of everything. Of course, consumerism and capitalism would, or could, be perfectly sustainable without that, but it's the combination of the two that isn't.

The best thing about this 'machine' is the fact that it wasn't designed as such. But when people talk about replacing it, they have to think about doing just that, and for everyone. So the longer this one stays put, the better!
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Old Jan 3, 2013 | 01:18 PM
  #35  
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Originally Posted by Carlh
one good thing about in 40 years time, psl wont be here
That's exactly how i feel, and i wish i didn't!
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Old Jan 3, 2013 | 01:23 PM
  #36  
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Originally Posted by SouthWalesSam
Isn't that what they said during the Great Depression in the 1920s?

Let’s just hope capitalism can manage to teeter on for another 100 years or so, then!

Pensions and other state benefits will exist for as long as Britain remains a ‘democracy’ and the electorate decide they’re what it wants.

Yes there have been doom mongers around longer than even me! It just feels... different this time though. America in debt to the tune of $16 trillion, and just wafty political "deals" to address it. I'd love a crystal ball to see 20 years into the future, because surely things are unsustainable as they are?
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Old Jan 3, 2013 | 01:25 PM
  #37  
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Originally Posted by Carlh
one good thing about in 40 years time, psl wont be here
Or even you perhap's!

Les
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Old Jan 3, 2013 | 01:35 PM
  #38  
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It looks as though the USA has been even more stupid and incompetent than Labour when it comes to controlling their debt etc. How on earth do they justify those trillions of national debt without the thought that if they continue along those lines,don't they realise that all of a sudden the chickens will come home to roost?

Can't imagine how they can close their minds to the eventual consequences of such a mindless way to run the country's finances. Do these people, and that includes Labour just continue wasting the cash and hope that the eventual problems can be laid on someone else? Do they never consider the well being of their own people and their country?

They want stuffing!

Les
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Old Jan 3, 2013 | 01:37 PM
  #39  
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Originally Posted by warrenm2
Err no, if true it says something about American politicians outspending the money that capitalism generates.
what have US politicians been spending it on?

it is not as if they have a world class infrastructure and they have falling living standards for the vast majority of Americans

where has it all gone
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Old Jan 3, 2013 | 01:45 PM
  #40  
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Look at the expenditure on healthcare in America. Nobody saw the obesity epidemic coming and nobody has the guts, pardon the pun, to address it.
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Old Jan 3, 2013 | 02:01 PM
  #41  
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Originally Posted by TelBoy
Look at the expenditure on healthcare in America. Nobody saw the obesity epidemic coming and nobody has the guts, pardon the pun, to address it.
and yet they spend more and treat less of the population than any comparable developed nation

as I posted in a previous thread, life expectancy for some parts of the american population are actually going down

americans are dying earlier than their parents -- amazing when you think about it

it looks to me like a small section of Americans have essentially mortgaged the countries economy to the Chinese
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Old Jan 3, 2013 | 02:03 PM
  #42  
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Originally Posted by TelBoy
Look at the expenditure on healthcare in America. Nobody saw the obesity epidemic coming and nobody has the guts, pardon the pun, to address it.
I was surprised to read the other day that obesity levels in the US are actually falling
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Old Jan 3, 2013 | 02:05 PM
  #43  
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Yes the life expectancy for humans has peaked, no doubt about it.

And while nobody can decide how to make people responsible for what they put in their mouths, it will continue to decline. What a sorry species we are.
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Old Jan 3, 2013 | 02:09 PM
  #44  
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Originally Posted by Martin2005
I was surprised to read the other day that obesity levels in the US are actually falling
This is the childhood obesity level that's being heralded as a triumph in America? Whereas actually it's probably just a temporary blip because of the economic downturn restricting expenditure on food. I see nothing long-term to suggest that the problem isn't going to keep getting worse.
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Old Jan 3, 2013 | 02:13 PM
  #45  
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Originally Posted by TelBoy
This is the childhood obesity level that's being heralded as a triumph in America? Whereas actually it's probably just a temporary blip because of the economic downturn restricting expenditure on food. I see nothing long-term to suggest that the problem isn't going to keep getting worse.

There's been a lot of praise for Michelle Obama's work in this area, even from her natural detractors.

You may be right of course, although I'd suggest it's actually more expensive to eat healthily.
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Old Jan 3, 2013 | 02:16 PM
  #46  
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More expensive, and a lot more hassle. Why stand over an oven when you can just open a packet of biscuits?
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Old Jan 3, 2013 | 02:20 PM
  #47  
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Originally Posted by TelBoy
More expensive, and a lot more hassle. Why stand over an oven when you can just open a packet of biscuits?
this chimes with my overall analysis of so many of the worlds problems

"the line of least resistance"

the easy way is the best way is the modern mantra
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Old Jan 3, 2013 | 05:09 PM
  #48  
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Originally Posted by stonejedi
Any predictions for the euro millions draw
Yup, you wi never win the jackpot and Im prepared to bet big on that
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Old Jan 3, 2013 | 07:01 PM
  #49  
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Originally Posted by hodgy0_2
what have US politicians been spending it on?

it is not as if they have a world class infrastructure and they have falling living standards for the vast majority of Americans

where has it all gone
Good question, don't know enough about the US to comment. Although the Gulf Wars won't have come cheap...

Originally Posted by TelBoy
Why does that get a pseudo-learned "err no" when almost every capitalist economic model on the planet is teetering on the brink of collapse? Demand, supply, income, expenditure. Capitalism.
As I just said, stupid politicians outspending what they can afford. Socialists running out of other people's money, that kind of thing.

Originally Posted by TelBoy
...the rampant creed of entitlement...
Agreed but this is a socialism idea that the state provides that's the fault with that statement

Last edited by warrenm2; Jan 3, 2013 at 07:05 PM.
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