Economic nightmare scenario
POSTED BY: SignyM
UPDATED: Tuesday, August 18, 2026 19:56
VIEWED: 4053
PAGE 4 of 6
Thanks, Sig. I feel so proud!
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We have the best government that money can buy.
--Mark Twain
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Gibs...Flee Commiefornia?
people move out of Shit-Cago
Escape from NewYork
BLM has a strange definition of reparations.
https://twitter.com/CatchUpFeed/status/1707617481341415655
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Biden’s clean energy agenda suffers a big blow when a first-of-its-kind nuclear project is cancelled
https://fortune.com/2023/11/09/modular-nuclear-reactor-nuscale-power-p
roject-utah-killed-biden-clean-energy-agenda/
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That's just bad news all around.
Wind and Solar are bullshit hobbyist projects. If we want to ever go green the only viable solution we have right now is nuclear. Somebody needs to intervene and make sure that plant gets built, or we're going to have a bunch of $60,000 paperweight coal burning cars taking up space in people's garages and a lot of old people dying when the A/C gets shut off on the really hot days.
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Political correctness is just tyranny, with a smiley face.
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Poor signym. For decades she has predicted the fall of America in one form or another. So far always wrong signym has a perfect record. She is always wrong.
Just too funny...
T 
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Quote:Cost killed that project.
Originally posted by 6ixStringJack:
That's just bad news all around.
Wind and Solar are bullshit hobbyist projects. If we want to ever go green the only viable solution we have right now is nuclear. Somebody needs to intervene and make sure that plant gets built, or we're going to have a bunch of $60,000 paperweight coal burning cars taking up space in people's garages and a lot of old people dying when the A/C gets shut off on the really hot days.
From the article about the cancelled nuclear power plant:
"Costs have increased more than 50% in the last two years to $89 per megawatt hour"
The Utah power system (that would buy the nuclear power) said it will focus on non-nuclear resources in the near term, and will need additional renewables, primarily solar and wind, as well as new natural gas.
https://fortune.com/2023/11/09/modular-nuclear-reactor-nuscale-power-p
roject-utah-killed-biden-clean-energy-agenda/
What about the cheaper alternatives?
Solar, standalone — $32.78 per MWh.
Geothermal — $36.40 per MWh.
Wind, onshore — $36.93 per MWh.
Combined Cycle — $37.11 per MWh. Natural gas is converted into electricity
https://solarpower.guide/solar-energy-insights/energy-ranked-by-cost
While no other small modular reactor or advanced design has been submitted to the U.S. Nuclear Regulatory Commission for certification, the agency said Thursday that other companies are close to applying and there’s a great deal of activity within the industry.
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at
https://www.mediafire.com/folder/1uwh75oa407q8/Firefly
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Quote:
Originally posted by THUGR:
Poor signym. For decades she has predicted the fall of America in one form or another. So far always wrong signym has a perfect record. She is always wrong.
Just too funny...
Dood. Everything that Nouriel Roubini predicted in the 2008 post CAME TRUE: Real estate dropped 20-30%. Investment banks (Shearson Lehman), commercial banks (ID hidden by The Fed but widely rumored to be BofA. Also our bank at the time- WAMU- shuttered) insolvent. Monoline insurers (AIG) insolvent. Shadow banks (Angelo Mozillo and his mortgage machine, Countrywide) busted. Stock prices down. Consumer spending sharply down. Businesses large (GM bailout) and small (Were you living in America at the time? All you have to do is recall the number of empty shops, car dealerships etc. looking just as bad as the height of Covid) failed. Commercial real estate busted.
Deep recession lasting two year. Worldwide impact.
Angelo Mozilo and his doomed mortgage machine
https://money.cnn.com/2018/06/06/news/companies/angelo-mozilo-countryw
ide-2008/index.html
The Great Recession of 2008: A Timeline and Its Effects
Matt Egan June 6, 2018: 6:34 AM ET
https://www.thebalancemoney.com/the-great-recession-of-2008-explanatio
n-with-dates-4056832
All the Key Events of the 2008 Recession
Updated on April 24, 2022
https://www.thebalancemoney.com/the-great-recession-of-2008-explanatio
n-with-dates-4056832
These articles, with the hindsight of history, explain in simple terms HOW IT ALL WENT BUST.
Nouriel Roubini's reputation got a huge boost from SO ACCURATELY PREDICTING how events would unfold.
One thing he did NOT predict was the end of America.
He was accurate about that, too.
The Fed (despite its name, NOT a government agency, a consortium of large private banks as insurer of last resort) turned on the printing machine to the tune of an estimated $17 TRILLION in bank relief, dropped interest rates, and shored up the financial system.
The whole episode, however, did and continues to have international negative effects on the USA, which I won't detail.
All YOU have a reputation for is being in deep, deep denial about things that make you afraid.
C'mon, sport. Put on your big boy pants. It costs nothing to "think the unthinkable".
You won't lose money, home, or job. You won't lose anything by THINKING. All you might lose is a little sleep and a sense of security.
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"It may be dangerous to be America's enemy, but to be America's friend is fatal." - Henry Kissinger
Loving America is like loving an addicted spouse - SIGNYM
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Economic Nightmares, Global Slowdown, Covid spending and Corona lockdowns, then Floyd riots and burning cities BLM, Antifa, ships stuck in Suez delayed on West Coast, Pete Buttigieg lost no policy and obsessed with 'racism' in roads, then Joe Biden's policy opens the borders and millions pour in maybe some refugees but millions of illegals, invaders, drug dealers, human traffickers and people on terrorist watch lists. So with the Kamala Harris Joe Biden Admin lost and NATO expanding Putin decides to attack, now a war in Ukraine and the West and Europe funding a meat grinder war and Russia won't quit and may slowly win land, Russia puts 'Nukes' in Belarus. then all this Palestine terror, Israel bombing Palestine and Yemen and Iran stuff kicks off, global shipping really shuts down and the Red Sea crisis the Iran-backed jihadist element of this islamo-Yemen Houthi movement in Yemeni-jihadi launched missiles and armed drones at Israel, then it starts attacking any ships so they now move the long way around Africa, then Russia is sending ships and subs to Cuba, now he's friends with North Korea again and an expanding BRICS wants to dump the US Dollar.
Some countries have sanctioned Russia, the USA, Canada, Europe, Australia, Japan but most will not sanction, some words of condemnation in Latin America but no real sanctions, it seems Africa, Latin America, the Middle East, Asia will mostly trade with Putin, the power of sanctions have limits.
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Trudeau tells “Donald”: tariffs are a very dumb thing to do.
https://cabinradio.ca/225898/news/politics/trudeau-tells-trump-tariffs
-are-very-dumb-thing-to-do/
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but now Trudeau is gone
yet in USA financial literacy was low?
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