[americandream]

$this->bbcode_second_pass_quote('prajeshbhat', 'W')hen the steam engine came out, the luddites were saying these machines will make people completely obsolete and everyone will be unemployed. In the early 20th century we had people saying the other extreme. People were saying technology will be so advanced no body will ever have to work again. Of course all technology did was to make us better at what we have already been doing for the past 5000 years, accumulate material wealth and fight wars. There will never be a permanent vacation voluntary work utopia like OilFinder imagines.

[americandream]

$this->bbcode_second_pass_quote('Sixstrings', '')$this->bbcode_second_pass_quote('prajeshbhat', 'W')hen the steam engine came out, the luddites were saying these machines will make people completely obsolete and everyone will be unemployed. In the early 20th century we had people saying the other extreme. People were saying technology will be so advanced no body will ever have to work again. Of course all technology did was to make us better at what we have already been doing for the past 5000 years, accumulate material wealth and fight wars. There will never be a permanent vacation voluntary work utopia like OilFinder imagines.

[prajeshbhat]

I am not really sure if globalism is sustainable. Everybody owes everybody else so much money. Turns out all OECD countries look insolvent. Either it will take a voluntary global debt jubilee(which is not something humans are programmed to do), or a global beggar thy neighbor economic war. It will be interesting to see how this global deleveraging actually happens.

[americandream]

$this->bbcode_second_pass_quote('prajeshbhat', 'I') am not really sure if globalism is sustainable. Everybody owes everybody else so much money. Turns out all OECD countries look insolvent. Either it will take a voluntary global debt jubilee(which is not something humans are programmed to do), or a global beggar thy neighbor economic war. It will be interesting to see how this global deleveraging actually happens.

[AgentR11]

I think people are more concerned about there being enough work to go around. The economy works fine with 1 in 2, or 1 in 4 working for wages; I think there are legitimate questions about how the economy can work if only 1 in 20 is able to successfully work for wages.

[americandream]

$this->bbcode_second_pass_quote('AgentR11', 'I') think people are more concerned about there being enough work to go around. The economy works fine with 1 in 2, or 1 in 4 working for wages; I think there are legitimate questions about how the economy can work if only 1 in 20 is able to successfully work for wages.

[AgentR11]

No, wait, I got it.

We're all gonna be Klingons. 90% of us will spend our time waging war, 5% will play patch up the warriors who are patchable, and the remaining 5% will make sure there's dinner in the chow hall, and my mp3 player has suitable violent anime theme songs loaded in my armored suit while I careen across the battlefield swinging a 10ft, 45lb sword.

Yeah, that's the ticket.


KAPLAH!

[americandream]

$this->bbcode_second_pass_quote('AgentR11', 'N')o, wait, I got it.

We're all gonna be Klingons. 90% of us will spend our time waging war, 5% will play patch up the warriors who are patchable, and the remaining 5% will make sure there's dinner in the chow hall, and my mp3 player has suitable violent anime theme songs loaded in my armored suit while I careen across the battlefield swinging a 10ft, 45lb sword.

Yeah, that's the ticket.


KAPLAH!

[Pretorian]

$this->bbcode_second_pass_quote('AgentR11', 'N')o, wait, I got it.

We're all gonna be Klingons. 90% of us will spend our time waging war, 5% will play patch up the warriors who are patchable, and the remaining 5% will make sure there's dinner in the chow hall, and my mp3 player has suitable violent anime theme songs loaded in my armored suit while I careen across the battlefield swinging a 10ft, 45lb sword.

Yeah, that's the ticket.


KAPLAH!

[Sixstrings]

$this->bbcode_second_pass_quote('AgentR11', 'I') think people are more concerned about there being enough work to go around. The economy works fine with 1 in 2, or 1 in 4 working for wages; I think there are legitimate questions about how the economy can work if only 1 in 20 is able to successfully work for wages.

[Pops]

$this->bbcode_second_pass_quote('prajeshbhat', 'T')he computer was supposed to bring the 4 day work week. How did that work out?

[prajeshbhat]

$this->bbcode_second_pass_quote('', 'W')e all want more, bigger, newer - the next big thing, even if it's a bunker.

[vision-master]

Zbignew Brzezinski recently said the following, in a CFR moment of truth where he's trying to instruct his disciples of 'the plan' (which we're not supposed to notice..)..the "problem of the global awakening" and how "it's easier to kill a million people than to rule them"!

http://www.youtube.com/watch?v=CaMonYzP ... r_embedded

[AgentR11]

$this->bbcode_second_pass_quote('Pretorian', 'M')ost likely you will be making calls one another and move papers from one desk to another, and pat yourselves on the back feeling the urge to congratulate your own productivity.. Just like you do now.. And the 5% will make sure there's dinner... Or else.

[Pretorian]

$this->bbcode_second_pass_quote('AgentR11', 'I') make stuff. But they don't allow me to talk to people at work, and definitely not on the phone.

[Sixstrings]

$this->bbcode_second_pass_quote('', 'T')echnology giant Apple is now worth as much as the 32 biggest euro zone banks.

.. The euro zone banks have lost three-quarters of their value since peaking in May 2007.

In contrast, Apple's market capitalization has soared to $340 billion on the back of the success of innovative technology products like iPods, iPhones and iPads.
http://www.cnbc.com/id/44203960

[Sixstrings]

I hate that iPad commercial with some old guy saying "we'll still take home movies, we'll still cook dinner, nothing will change but how we do these things."

Bah humbug, I don't need a darn iPad to cook dinner.

I'm proud to say I don't own any Apple products. Only thing I have is iTunes but I never figured out how to download and convert to mp3's so all my money is wasted cuz Apple already let me back into my songs once before but now they won't anymore.

I will never, ever, ever own an Apple product. They're a darn cult. Fashion is for ladies' handbags not electronics.

Anyhow the bigger point of this thread is that the European banks are in big trouble. Apple being worth more than the financial backbone of Europe is sort of like trying to drive a Mercedes on an interstate highway system that's falling down all around you. One could argue that banks aren't really a business anymore, rather an extension of government so it doesn't matter what their valuation is but.. still.. the top 32 banks in Europe ought to be worth more than that one would think.

[dolanbaker]

$this->bbcode_second_pass_quote('', 'h')ttp://www.bbc.co.uk/news/business-19697344
Taiwan-based Foxconn Technology, a major supplier for Apple, has halted production at a plant in northern China after a fight broke out among workers. Foxconn confirmed that a "personal dispute" escalated into an incident involving about 2,000 workers, injuring 40 of them. Police later dealt with the situation near the facility in Taiyuan, which employs about 79,000 workers.