Pilotasso Posted January 24, 2009 Posted January 24, 2009 (edited) Yeah...this crisis yelds similar speculation as to what we in europe seen when the currency euro debuted, everyone rounded prices up because Euro was worth several times more than the old currencies and the new prices seemed low. Since 2001 the price of bread must have come up more than 100% further agravated by the food crisis last year. Similar increases were seen for all other first necessity items. Then came the oil crisis, all fuels went up by 80% and when oil price came down the fuels we paid practicaly kept their prices, infact last week it increased 3 to 6 cents a litter TWICE. It seems the economy is working the opposite it should have been. Companies facing costs increase explode their prices in order to keep their profit even though demand went abruptly down. This is a ruinous path to everyone. Oh well, like all other recent history ctatstrophes it may end up being usefull in a way we learn not to deplete the planets resourses and tune down savage capitalism. It was not sustainable as isnt the oil industry. What doesnt kill you makes you stronger. Edited January 24, 2009 by Pilotasso .
diveplane Posted January 24, 2009 Posted January 24, 2009 (edited) Yeah...this crisis yelds similar speculation as to what we in europe seen when the currency euro debuted, everyone rounded prices up because Euro was worth several times more than the old currencies and the new prices seemed low. Since 2001 the price of bread must have come up more than 100% further agravated by the food crisis last year. Similar increases were seen for all other first necessity items. Then came the oil crisis, all fuels went up by 80% and when oil price came down the fuels we paid practicaly kept their prices, infact last week it increased 3 to 6 cents a litter TWICE. It seems the economy is working the opposite it should have been. Companies facing costs increase explode their prices in order to keep their profit even though demand went abruptly down. This is a ruinous path to everyone. Oh well, like all other recent history ctatstrophes it may end up being usefull in a way we learn not to deplete the planets resourses and tune down savage capitalism. It was not sustainable as isnt the oil industry. What doesnt kill you makes you stronger. if things keep going down hill, you could possibly see riots in the streets , think greece for a period there was rioting over a teenager being killed by poilce =tip of the ice berg as they say, cant blame them, people are fed up with it. no matter what system is in place its all corrupt. always the working man that suffers not these big fat cats in offices pulling the strings. uk is being hit hard with this resession its not just the united states. my father looses his job end of january , after 35 years service, plant he worked at packs up heads to the us in texas. total joke, many uk stores are being closed as well with many job losses. from what i have read the goverments do have plans at hand in case of civil unrest. =marital law. turning into a global crisis. hope it does not go down this road , and this new administration can turn things around. Edited January 24, 2009 by diveplane https://www.youtube.com/user/diveplane11 DCS Audio Modding.
crazysundog Posted January 25, 2009 Posted January 25, 2009 I'm not sure what everybody expected, but when your economy is going up, up, up, up.... its got nowhere to go but down... I saw the writing on the wall when I talked to American peers who made the same amount of money I did in Canada, but could afford sports cars, houses, big screen tv's, and top end P.C's because they had 'good credit'. Also, when the trend in North America is buying houses; painting the walls, installing new door knobs and 'flipping' it for twice what its worth....and having 2 television channels with 10 shows doing just that.....how can anybody ignore those warning signs?! Its easy to blame banks and governments, but I think many people bit off more than they could chew...and the result is that a lot of good, responsible people loose their jobs and houses as the economy tumbles down.
diveplane Posted January 25, 2009 Posted January 25, 2009 (edited) I'm not sure what everybody expected, but when your economy is going up, up, up, up.... its got nowhere to go but down... I saw the writing on the wall when I talked to American peers who made the same amount of money I did in Canada, but could afford sports cars, houses, big screen tv's, and top end P.C's because they had 'good credit'. Also, when the trend in North America is buying houses; painting the walls, installing new door knobs and 'flipping' it for twice what its worth....and having 2 television channels with 10 shows doing just that.....how can anybody ignore those warning signs?! Its easy to blame banks and governments, but I think many people bit off more than they could chew...and the result is that a lot of good, responsible people loose their jobs and houses as the economy tumbles down. all a debt based system, most people think i baught my house got my new car , no you didnt your in debt. lol its forced onto you in ways . anyway system is starting to crumble. time will tell if it can be turned around and fixed. Edited January 25, 2009 by diveplane https://www.youtube.com/user/diveplane11 DCS Audio Modding.
crazysundog Posted January 26, 2009 Posted January 26, 2009 Yes, it would be very difficult to go through life paying cash for your vehicles and houses.... but the more you can pay for in cash the simpler things will be. Back on topic though; It is too bad about the ACES team, and unless the same people are hired back when things pick back up (which I'm confident will happen) then you can probably bet on a lower quality FS product next time around....
Timm Posted February 22, 2009 Posted February 22, 2009 The end of MSFS Hi Guys, Breaking news from MS : The news that Microsoft has disbanded the team developing its successful Flight Simulator computer game has come as a shock to virtual aviators like Mike Smartt. He looks back at almost 30 years of taking off and occasionally landing safely in the world's longest gaming franchise. Here is the link to the BBC news site. Timm “Tomorrow is the most important thing in life. It comes to us at midnight very clean. It's perfect when it arrives and it puts itself in our hands. It hopes we've learned something from yesterday.” John Wayne
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