Join Early Retirement Today
View Poll Results: How will the US economy likely do in the next 10 to 15 or 20 years?
Better than the average of the 20th century 14 9.52%
About the same as the average of the 20th Century 53 36.05%
Worse than the average of the 20th, but still OK 65 44.22%
Much worse than the average of the 20th Century 11 7.48%
I'm moving to mars as soon as transportation is available 4 2.72%
Voters: 147. You may not vote on this poll

Reply
 
Thread Tools Search this Thread Display Modes
Old 12-25-2013, 04:04 PM   #21
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
harley's Avatar
 
Join Date: May 2008
Location: Following the nice weather
Posts: 6,430
I have no idea about the economy, but if I can go to Mars, I'm in!
__________________

__________________
"Good judgment comes from experience. Experience comes from bad judgement." - Will Rogers, or maybe Sam Clemens
DW and I - FIREd at 50 (7/06), living off assets
harley is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 12-25-2013, 04:14 PM   #22
Full time employment: Posting here.
bjorn2bwild's Avatar
 
Join Date: Mar 2013
Location: Western US
Posts: 690
My serious answer is that I don't know.
I am surprised that no mention has been given to a US version of the Japan scenario where age expansion overrides economic expansion in the next 15-20 years.
__________________

__________________
How's it going to end..............
bjorn2bwild is offline   Reply With Quote
Old 12-25-2013, 04:21 PM   #23
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 19,431
We have talked about population aging in the past. The demographics of the US is way better than that of Japan and many European countries. So, we will not be the 1st to go down the tube. That's my silver-lining thought.
__________________
"Old age is the most unexpected of all things that can happen to a man" -- Leon Trotsky
NW-Bound is online now   Reply With Quote
Old 12-25-2013, 11:12 PM   #24
Recycles dryer sheets
 
Join Date: Nov 2013
Posts: 178
I'm 100% certain... and have no doubt... that I have no idea...
__________________
34rlsa is offline   Reply With Quote
Old 12-26-2013, 06:06 AM   #25
Moderator
Walt34's Avatar
 
Join Date: Dec 2007
Location: Eastern WV Panhandle
Posts: 16,544
Dang, my crystal ball is all cloudy.
__________________
I heard the call to do nothing. So I answered it.
Walt34 is offline   Reply With Quote
Old 12-26-2013, 06:51 AM   #26
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 42,117
I'm very surprised at the poll results thus far: 90+% think we will do OK or better. Where are all the gloom & doomers?
__________________
Numbers is hard

When I hit 70, it hit back

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Old 12-26-2013, 06:57 AM   #27
Moderator
MichaelB's Avatar
 
Join Date: Jan 2008
Location: Rocky Inlets
Posts: 24,465
Quote:
Originally Posted by REWahoo View Post
I'm very surprised at the poll results thus far: 90+% think we will do OK or better. Where are all the gloom & doomers?
Too busy licking their wounds to post?
__________________
MichaelB is offline   Reply With Quote
Old 12-26-2013, 10:18 AM   #28
Recycles dryer sheets
Ticker's Avatar
 
Join Date: Nov 2013
Location: waldheim
Posts: 126
Everyone knows that according to the

"The Hitchhiker's Guide to the Galaxy"

the ultimate answer is 42. As for the math, it was rumored to be 6 x 7.
__________________
Prepare today for the demands of tomorrow. Plan your move.
Ticker is offline   Reply With Quote
Old 12-26-2013, 01:54 PM   #29
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Sep 2005
Location: Northern IL
Posts: 18,282
Quote:
Originally Posted by Ticker View Post
Everyone knows that according to the

"The Hitchhiker's Guide to the Galaxy"


the ultimate answer is 42. As for the math, it was rumored to be 6 x 7.
more math (from wiki):

Quote:
Forty-two is a pronic number and an abundant number; its prime factorization 2 ∑ 3 ∑ 7 makes it the second sphenic number and also the second of the form { 2 ∑ 3 ∑ r }. As with all sphenic numbers of this form, the aliquot sum is abundant by 12. 42 is also the second sphenic number to be bracketed by twin primes; 30 is also a pronic number and also rests between two primes. 42 has a 14 member aliquot sequence 42, 54, 66, 78, 90, 144, 259, 45, 33, 15, 9, 4, 3, 1, 0 and is itself part of the aliquot sequence commencing with the first sphenic number 30. Further, 42 is the 10th member of the 3-aliquot tree.

It is the third primary pseudoperfect number.

It is a Catalan number. Consequently; 42 is the number of noncrossing partitions of a set of five elements, the number of triangulations of a heptagon, the number of rooted ordered binary trees with six leaves, the number of ways in which five pairs of nested parentheses can be arranged, etc.

It is the number of partitions of 10 - the number of ways of expressing 10 as a sum of positive integers (note a different sense of partition from that above).


The 3 ◊ 3 ◊ 3 magic cube with rows summing to 42.Given 27 same-size cubes whose nominal values progress from 1 to 27, a 3◊3◊3 magic cube can be constructed such that every row, column, and corridor, and every diagonal passing through the center, is composed of 3 cubes whose sum of values is 42.

It is the third pentadecagonal number. It is a meandric number and an open meandric number.

It is conjectured to be the scaling factor in the leading order term of the "sixth moment of the Riemann zeta function". In particular, Conrey & Ghosh have conjectured that
{1 \over T}\int_0^T \left| \zeta\left({1 \over 2} + it\right) \right|^6\,dt \sim {42 \over 9!}\prod_p \left\{1-{1\over p}\right\}^4 \left( 1 + {4 \over p} + {1 \over p^2} \right) \log^9 T,
.
where the infinite product is over all prime numbers, p.[1][2]

42 is a StÝrmer number.

In base 10, this number is a Harshad number and a self number, while it is a repdigit in base 4 (as 222).

42 is the only known value that is the number of sets of four distinct positive integers a,b,c,d, each less than the value itself, such that ab-cd, ac-bd, and ad-bc are each multiples of the value. Whether there are other values remains an open question.[3]

42 is a (2,6)-perfect number (super-multiperfect), as \sigma^2(n)=\sigma(\sigma(n))=6n\,[4]

42 is a perfect score on the USA Math Olympiad (USAMO)[5] and International Mathematical Olympiad (IMO).[6]

42 is the maximum of core points awarded in International Baccalaureate Diploma Programe.

42 is the resulting number of the original Smith number (4937775): Both the sum of its digits (4+9+3+7+7+7+5) as the sum of the digits in its prime factorization (3+5+5+(6+5+8+3+7)) result in 42.
-ERD50
__________________
ERD50 is online now   Reply With Quote
Old 12-26-2013, 02:14 PM   #30
Thinks s/he gets paid by the post
 
Join Date: Aug 2006
Posts: 1,361
Yup, Japan is a comfort to me as well. They are so much further down the deficit spending path than we are that I find it too hard to be worried.

If they can be okay at 200% GDP, we are probably going to survive 100% GDP.



Quote:
Originally Posted by NW-Bound View Post
We have talked about population aging in the past. The demographics of the US is way better than that of Japan and many European countries. So, we will not be the 1st to go down the tube. That's my silver-lining thought.
__________________
Hamlet is offline   Reply With Quote
Old 12-26-2013, 08:14 PM   #31
Moderator Emeritus
aja8888's Avatar
 
Join Date: Apr 2011
Location: The Woodlands, TX
Posts: 7,165
Being the original Smith number, I believe 42 is "The One"......
__________________
aja8888 is offline   Reply With Quote
Old 12-30-2013, 09:29 PM   #32
Recycles dryer sheets
 
Join Date: Jun 2011
Posts: 81
Quote:
Originally Posted by harley View Post
I have no idea about the economy, but if I can go to Mars, I'm in!
Mars ain't the kind of place to raise your kids. In fact, it's cold as hell ...
__________________
retiredatfifty is offline   Reply With Quote
Old 12-30-2013, 09:43 PM   #33
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 16,476
Quote:
Originally Posted by retiredatfifty View Post
Mars ain't the kind of place to raise your kids. In fact, it's cold as hell ...
love that song!
__________________
Well, I thought I was retired. But it seems that now I'm working as a travel agent instead!
audreyh1 is online now   Reply With Quote
Old 12-30-2013, 11:05 PM   #34
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
harley's Avatar
 
Join Date: May 2008
Location: Following the nice weather
Posts: 6,430
Quote:
Originally Posted by retiredatfifty View Post
Mars ain't the kind of place to raise your kids. In fact, it's cold as hell ...
You would think so, but did you see what Dejah Thoris was wearing?
__________________
"Good judgment comes from experience. Experience comes from bad judgement." - Will Rogers, or maybe Sam Clemens
DW and I - FIREd at 50 (7/06), living off assets
harley is offline   Reply With Quote
Old 12-31-2013, 08:49 AM   #35
Thinks s/he gets paid by the post
imoldernu's Avatar
 
Join Date: Jul 2012
Location: Peru
Posts: 4,616
What Marc Faber, Peter Schiff, Donald Trump, and Robert Wiedemer said:

Economist Caution: Prepare For 'Massive Wealth Destruction'

Quote:
...somewhere down the line...
The article is a promotion of the Wiedemer book so...
__________________
imoldernu is offline   Reply With Quote
Old 12-31-2013, 09:31 AM   #36
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 16,476
Quote:
Originally Posted by imoldernu View Post
What Marc Faber, Peter Schiff, Donald Trump, and Robert Wiedemer said:

Economist Caution: Prepare For 'Massive Wealth Destruction'



The article is a promotion of the Wiedemer book so...
Ooooooo - you named a good set of perma-bears there. If you'd listened to them over the past couple of years you would have missed out on a big run up.

Is Schiff still touting gold?
__________________
Well, I thought I was retired. But it seems that now I'm working as a travel agent instead!
audreyh1 is online now   Reply With Quote
Old 12-31-2013, 12:31 PM   #37
Thinks s/he gets paid by the post
 
Join Date: Aug 2006
Posts: 1,361
Yup, and talking about how wrong the official inflation numbers are because magazine prices are up alot.

I bet buggy whips got real expensive at the end too, but I doubt that it meant that there was hyper-inflation.

Quote:
Originally Posted by audreyh1 View Post
Is Schiff still touting gold?
__________________
Hamlet is offline   Reply With Quote
Old 12-31-2013, 02:52 PM   #38
Moderator Emeritus
 
Join Date: Oct 2007
Posts: 4,929
Quote:
Originally Posted by imoldernu View Post
What Marc Faber, Peter Schiff, Donald Trump, and Robert Wiedemer said:

Economist Caution: Prepare For 'Massive Wealth Destruction'



The article is a promotion of the Wiedemer book so...

Wow. That's a quadruple play. Faber, Schiff, Wiedemer, and The Donald all proclaiming Certain Doom. In an article on NewsMax, the Intertube's favorite place to learn what you should be afraid of. OK. Quintuple play.

I wonder what Faber's daily routine looks like. Wake up, have coffee, brush teeth, announce economic doom, check the mail...
__________________
M Paquette is offline   Reply With Quote
Old 12-31-2013, 02:58 PM   #39
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 19,431
Quote:
Originally Posted by harley View Post
You would think so, but did you see what Dejah Thoris was wearing?
Never knew who Dejah Thoris was, so I had to check that out.

Now, I understand why you are dying to go to Mars.

Quote:
Originally Posted by harley View Post
I have no idea about the economy, but if I can go to Mars, I'm in!
__________________
"Old age is the most unexpected of all things that can happen to a man" -- Leon Trotsky
NW-Bound is online now   Reply With Quote
Old 01-02-2014, 10:40 PM   #40
Full time employment: Posting here.
CaliforniaMan's Avatar
 
Join Date: Dec 2013
Location: San Diego
Posts: 846
Quote:
Originally Posted by REWahoo View Post
I'm very surprised at the poll results thus far: 90+% think we will do OK or better. Where are all the gloom & doomers?
I must confess, I am a bit surprised as well. I wonder what the results would have been at the beginning of 2009, or gulp, what they might be one year hence.
__________________

__________________
Merrily, merrily, merrily, merrily,
Life is but a dream.
CaliforniaMan is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
AA during 3 years High Spending Katsmeow FIRE and Money 34 12-20-2013 09:22 PM
Struggling with work motivation during those few years before ER... LandlordInvestor FIRE and Money 11 01-19-2013 05:21 PM
US Taxes and the Economy chinaco FIRE Related Public Policy 10 09-01-2011 10:06 AM
Two Years Out robcanuck Life after FIRE 9 07-31-2011 11:01 AM

 

 
All times are GMT -6. The time now is 07:59 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.