Some rumours are stating that the economy will crash within the next few months. What effect will that have on the NBA and signings for next summer?
crash? not heard of that.
ie: Economic Crash of 1929. I'm curious what implications it might have on sports and things such as the 2010 signings...?
First of all, if the economy did crash, the impact on the NBA would be among the least of our concerns. Second of all, who the hell is telling you the economy is going to crash? Ask the right questions...
With how the country doesn't seem to ever care for it's citizens (the 2009 Bailout being one of those prime examples of how they'd rather bail out their criminal friends on Wall Street rather than the American people) this doesn't seem so far fetched... That, and the Federal Reserve keeps on printing money out of thin air which causes inflation and will cause the economy to collapse at some point - that's why I was curious.
Posted by LongIslandKnicksFan:
With how the country doesn't seem to ever care for it's citizens (the 2009 Bailout being one of those prime examples of how they'd rather bail out their criminal friends on Wall Street rather than the American people) this doesn't seem so far fetched... That, and the Federal Reserve keeps on printing money out of thin air which causes inflation and will cause the economy to collapse at some point - that's why I was curious.
This strikes me as a pretty thinly veiled attempt to have a political discussion on a Knicks board. As has been said, a full economic collapse would pretty much push all NBA matters to the back-burner, and we already know how the slowdown had an effect on the projected cap numbers for 2010 and our pursuit of LBJ. So imagine something like that happening, only a lot worse.
As for your prediction; the bailout for the “criminal fiends” in Wall Street is the reason we didn’t see a far more serious slow-down in the economy, and all indicators are pointing toward a recovery, according to the Fed. Even if it will be several years before much of a recovery is felt by most Americans. The bailout was unfortunate and necessary, and the job now is to come up with a program of regulations that ensures Wall Street cannot continue the risky practices that got us into this mess. And while inflation remains a concern, it would have to great really freaking bad before it alone would be the cause of a full melt-down.
Tangentially, I have to point out...for some Americans it’s OK to “print money” to send our troops out to die in an unnecessary war that we are now desperate to pull out of and is sapping the strength of our military and sapping our reserves to the tune of $12 billion/month. It’s also OK to spend millions on an unproven and unnecessary missle system in Eastern Europe rather than invest in a smaller one that would actually protect our allies from Iran. But we try to spend to create jobs here at home and try to get healthcare for the 70 million Americans who are uninsured and underinsured, and suddenly they are worried about the deficit and its effect on the NBA.
This isn’t about the economy, it’s about your values and priorities. There are some in this country that seriously need to rethink them.
Posted by RemBee76:
Posted by LongIslandKnicksFan:
With how the country doesn't seem to ever care for it's citizens (the 2009 Bailout being one of those prime examples of how they'd rather bail out their criminal friends on Wall Street rather than the American people) this doesn't seem so far fetched... That, and the Federal Reserve keeps on printing money out of thin air which causes inflation and will cause the economy to collapse at some point - that's why I was curious.
This strikes me as a pretty thinly veiled attempt to have a political discussion on a Knicks board. As has been said, a full economic collapse would pretty much push all NBA matters to the back-burner, and we already know how the slowdown had an effect on the projected cap numbers for 2010 and our pursuit of LBJ. So imagine something like that happening, only a lot worse.
As for your prediction; the bailout for the “criminal fiends” in Wall Street is the reason we didn’t see a far more serious slow-down in the economy, and all indicators are pointing toward a recovery, according to the Fed. Even if it will be several years before much of a recovery is felt by most Americans. The bailout was unfortunate and necessary, and the job now is to come up with a program of regulations that ensures Wall Street cannot continue the risky practices that got us into this mess. And while inflation remains a concern, it would have to great really freaking bad before it alone would be the cause of a full melt-down.
Tangentially, I have to point out...for some Americans it’s OK to “print money” to send our troops out to die in an unnecessary war that we are now desperate to pull out of and is sapping the strength of our military and sapping our reserves to the tune of $12 billion/month. It’s also OK to spend millions on an unproven and unnecessary missle system in Eastern Europe rather than invest in a smaller one that would actually protect our allies from Iran. But we try to spend to create jobs here at home and try to get healthcare for the 70 million Americans who are uninsured and underinsured, and suddenly they are worried about the deficit and its effect on the NBA.
This isn’t about the economy, it’s about your values and priorities. There are some in this country that seriously need to rethink them.
All that governmet and regulators do is mostly irrelevant and done only to justify their existance and fat pay checks.
Economy is this country moving it's way up and down according to free market laws which are as laws of Nature. They can be observed and make use of, but are not changable by humans.
As per war and Army - do you really want to have another million of unemloyed people on the streets? Let them fight and diy as heroes. Who cares it this doesn't make sense for hunam race. When it was making sense anyways?
An october crash? Well at least we don't have to wait long for this doomsday theory to prove itself true or not.
what is the deal with the Fed? They are not entirely government so who owns them? Are they printing money out of thin air?
I need a calendar to put all the doomsday predictions on. Maybe I should invent a tear-away calendar that has a new doomsday prediction every day. How awesome would that be to start your day with?
LI,
Wow, someone reading up on the michael moore documentary. Amazing how someone can post so little yet demostrate so little intelligence?
LI, there is doom and gloom every day opinions as well as good ones.
Best to read a lot about this stuff and then you can gain some perspective.
Now lets see how simple this really is. A phuching catostraphic disaster ecnomically would pretty much phuch up all discretionary spending. That is stuff you don't really need like fancy pocketbooks, expensive coffee and another moron making underfunded films nobody but other moron underfunded filmakers watch and circle jerk some fantasy that Stephan King will want you for his next movie!
Or in otherwords, how about an ecnommic crash pretty much ruins the backyard zombie movie business.
Oh, I see a new Zombie movie with Woody Harrelson! Looks like one more zombie movie made without you.
I think attendance will suffer. Whats your prediction?
Posted by Nalod:
LI,
Wow, someone reading up on the michael moore documentary. Amazing how someone can post so little yet demostrate so little intelligence?
LI, there is doom and gloom every day opinions as well as good ones.
Best to read a lot about this stuff and then you can gain some perspective.
Now lets see how simple this really is. A phuching catostraphic disaster ecnomically would pretty much phuch up all discretionary spending. That is stuff you don't really need like fancy pocketbooks, expensive coffee and another moron making underfunded films nobody but other moron underfunded filmakers watch and circle jerk some fantasy that Stephan King will want you for his next movie!
Or in otherwords, how about an ecnommic crash pretty much ruins the backyard zombie movie business.
Oh, I see a new Zombie movie with Woody Harrelson! Looks like one more zombie movie made without you.
I think attendance will suffer. Whats your prediction?
Movies are like drugs. People will always have money for them.
And do not forgret the smell of pop-corn. Little reminder that the grass was grinner...
how deeply under nalod's skin does LIknicksfan get?
^^^i see marv took his prozac early this morning....
Posted by jimimou:
^^^i see marv took his prozac early this morning....
marv got his bold starbucks brew buzz going.
Posted by Marv:
how deeply under nalod's skin does LIknicksfan get?
How bout this, a "Gay zombie" flick starring a porn actor. "zombie porn"!
Thats gotta be hysterical: "phuching zombies!"
Freaking recession can't stop this crap!
Too bad LI can't make movies people really want to see.
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