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  LiveWire / Teen Forums / Science & Business / Viewing Topic

The US and World Economy
Which video is more correct?
Replies: 8 — Last Post June 10, 2008 3:58pm by shadowpool
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Choice Votes Percent  
The first video is more correct. 2 13%
The second video is more correct. 2 13%
They're both nuts. (Please say what you think is going on.) 11 73%
Vote Now! 15 Votes Cast
( shadowpool )


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Here are two conflicting views on what's about to happen:

Who is more correct?  Why?

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3:22 pm on June 10, 2008 | Joined: Nov. 2005 | Days Active: 903
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sexybrown0304


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both are somewhat correct

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Eeeni. Meeni. Miini. Mo!

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( shadowpool )


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Quote: from sexybrown0304 at 7:25 pm on June 10, 2008
both are somewhat correct

You watched them both already?  All 15 minutes?  Wow.

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3:27 pm on June 10, 2008 | Joined: Nov. 2005 | Days Active: 903
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Roflcakes


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The economy is down because people are cashing in and ripping everyone else off. Oil is expensive because companies charge what they want.

Post edited at 3:28 pm on June 10, 2008 by Roflcakes

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Quote: from shadowpool at 3:27 pm on June 10, 2008
Quote: from sexybrown0304 at 7:25 pm on June 10, 2008
both are somewhat correct

You watched them both already? All 15 minutes? Wow.

lol caught redhanded

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( shadowpool )


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Quote: from Roflcakes at 7:28 pm on June 10, 2008
The economy is down because people are cashing in and ripping everyone else off. Oil is expensive because companies charge what they want.

http://inflationdata.com/inflation/images/charts/Oil/Gasoline_inflation_chart.htm

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3:35 pm on June 10, 2008 | Joined: Nov. 2005 | Days Active: 903
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Pisciculus


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i think the second video is more correct because like he said, the economy is way different then it was before the great depression (consumer based rather then production based) and money isnt backed by gold so when the dollar gets less valuable the value of gold doesnt drop at the same rate.  Also when he said that gold and silver are real money that makes more sense to me the gold crashing, simply because gold is what our money is supposed to be based on rather then the flimsy paper that it is printed on.  *shrug*  i dunno if that makes any sense to anyone but me.  I am not good at vocalizing why i agree with the second guy more.
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Quote: from Pisciculus at 7:45 pm on June 10, 2008
i think the second video is more correct because like he said, the economy is way different then it was before the great depression (consumer based rather then production based) and money isnt backed by gold so when the dollar gets less valuable the value of gold doesnt drop at the same rate. Also when he said that gold and silver are real money that makes more sense to me the gold crashing, simply because gold is what our money is supposed to be based on rather then the flimsy paper that it is printed on. *shrug* i dunno if that makes any sense to anyone but me. I am not good at vocalizing why i agree with the second guy more.

The second one does make more sense.  It's just so complicated though.  

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3:58 pm on June 10, 2008 | Joined: Nov. 2005 | Days Active: 903
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