hiphopkid

@hiphopkid (38)

Canada • Age 34

Joined myLot 14 years ago

Discussions (2)

Comments (5)

hiphopkid's Comments

Do you think that the economy will collapse?

hiphopkid @hiphopkid (38) • Canada 7 Jan 12

I started looking into the economy a couple months ago and started reading things on how the economy is headed for a collapse. I must agree with them because I finally learned what money really is...

9 responses

hiphopkid Well the US doesn't want to let the dollar collapse but it has no choice. They can either default on their debt now or just print more money and they are choosing to print more money. China and Japan have already started to trade directly through their...

9 Jan 12

What do you considered unemployed?

hiphopkid @hiphopkid (38) • Canada 7 Jan 12

When someone mentions unemployment I think of people who can work but don't have a job and aren't retired. The Bureau of Labour Statistics says unemployment is "Persons are classified as unemployed if they do not have a job, have...

3 responses •

1 person

hiphopkid I don't think the people who are retired should be considered unemployed because they might not want to be looking for work. If someone is retired but still looking for a job then they should be considered unemployed.

7 Jan 12

Do you think that the economy will collapse?

hiphopkid @hiphopkid (38) • Canada 7 Jan 12

I started looking into the economy a couple months ago and started reading things on how the economy is headed for a collapse. I must agree with them because I finally learned what money really is...

9 responses

hiphopkid Completely agree with you. I enjoy how people try to say inflation is the rise of costs for everything when really inflation is the devaluation of the dollar. And yes oil is traded in dollars, so if Germany wants to buy oil from Saudi Arabia, they must convert...

7 Jan 12

Do you think that the economy will collapse?

hiphopkid @hiphopkid (38) • Canada 7 Jan 12

I started looking into the economy a couple months ago and started reading things on how the economy is headed for a collapse. I must agree with them because I finally learned what money really is...

9 responses

hiphopkid That would basically be how it would play out, one government/agency who would regulate all the money which would mean they would basically control the world. I do think a new currency should be introduced or we should go back to the gold standard to stop the...

7 Jan 12