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Talk of Depression Everywhere not matching reality?

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Re: Talk of Depression Everywhere not matching reality?

Unread postby Revi » Fri 02 Jan 2009, 18:15:30

I like the analogy between NYC and Rome. It is and was the center of commerce. I think it will take a while to sink in that the center has shifted. After 9-11 the big brokerage houses rebuilt across the river in New Jersey. I think the center of world finance will be someplace else soon enough.

It took 400 years for Rome to drop to 40,000 from a peak of over a million.

It will take a long time for New York to slow down.

Until then the provinces will feel this recession, but there will be people living the high life there for quite a while.
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Re: Talk of Depression Everywhere not matching reality?

Unread postby jupiters_release » Fri 02 Jan 2009, 21:36:49

How did Rome create a soft landing with peak oil? :P
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Re: Talk of Depression Everywhere not matching reality?

Unread postby PrairieMule » Fri 02 Jan 2009, 22:16:37

$this->bbcode_second_pass_quote('jupiters_release', 'H')ow did Rome create a soft landing with peak oil? :P


Well Jim Kunstler would be quick to remind us that Rome was built with better architecture.
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Re: Talk of Depression Everywhere not matching reality?

Unread postby jupiters_release » Sat 03 Jan 2009, 01:15:46

$this->bbcode_second_pass_quote('pstarr', '')$this->bbcode_second_pass_quote('PrairieMule', '')$this->bbcode_second_pass_quote('jupiters_release', 'H')ow did Rome create a soft landing with peak oil? :P


Well Jim Kunstler would be quick to remind us that Rome was built with better architecture.
New York City has great architecture, and it was designed well with a rational grid and mass transit everywhere. As for the rest of the USA? I wouldn't hold my breath.


Much of its pre-war architecture isn't bad, but walking through certain neighborhoods flooded with skyscrapers and little direct sunlight can be depressing, it's certainly not 'natural'.

I lived in Zaragoza Spain, population less than a million, for a year in the late 90's and I could catch a public bus anywhere within a five minute wait, certainly faster than my former train stop in Park Slope Brooklyn.
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Re: Talk of Depression Everywhere not matching reality?

Unread postby eXpat » Sat 03 Jan 2009, 11:17:01

$this->bbcode_second_pass_quote('pedalling_faster', 't')here's still a lot of very wealthy people in New York, maybe millions of them.
same thing at Union Square in San Francisco, not too many outward signs of economic depression.
when Adobe has lay-offs, i think that will be a sign. since they're in the content-creation-software business - and have such a diverse suite of products, used worldwide - i expect them to be one of the last companies to take a major hit.

Funny that, my sister was working for Adobe, till last year and she was made redundant (in the UK). Last thing she heard back then was that Adobe was planning to move their HQ to Canada, I don´t know what happened after that...
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Re: Talk of Depression Everywhere not matching reality?

Unread postby jasonraymondson » Sat 03 Jan 2009, 11:21:27

unless you are claiming unemployment and still can you don't count as a person.

Unemployment is counted by unemployment number and phone call sampling.

The actual unemployment number is closer to 15 - 18 %
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Re: Talk of Depression Everywhere not matching reality?

Unread postby Schmuto » Sun 04 Jan 2009, 03:13:22

We're here.
Last edited by Schmuto on Thu 11 Jun 2009, 14:45:30, edited 1 time in total.
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Re: Talk of Depression Everywhere not matching reality?

Unread postby Rob0126 » Sun 04 Jan 2009, 14:52:51

$this->bbcode_second_pass_quote('Revi', 'I') like the analogy between NYC and Rome. It is and was the center of commerce. I think it will take a while to sink in that the center has shifted. After 9-11 the big brokerage houses rebuilt across the river in New Jersey. I think the center of world finance will be someplace else soon enough.

It took 400 years for Rome to drop to 40,000 from a peak of over a million.

It will take a long time for New York to slow down.

Until then the provinces will feel this recession, but there will be people living the high life there for quite a while.


There were no nukes in Roman times.
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