13

Signs That The Global Economic Turmoil Is Just Beginning

Posted by freedomforall 8 years, 3 months ago to Business
87 comments | Share | Flag

From the article:
1. The number of job cuts in the United States skyrocketed 218 percent during the month of January according to Challenger, Gray & Christmas.

2. The Baltic Dry Index just hit yet another brand new all-time record low. As I write this article, it is sitting at 303.

3. U.S. factory orders have now dropped for 14 months in a row.

4. In the U.S., the Restaurant Performance Index just fell to the lowest level that we have seen since 2008.

5. In January, orders for class 8 trucks (the big trucks that you see shipping stuff around the country on our highways) declined a whopping 48 percent from a year ago.

6. Rail traffic is also slowing down substantially. In Colorado, there are hundreds of train engines that are just sitting on the tracks with nothing to do.

7. Corporate profit margins peaked during the third quarter of 2014 and have been declining steadily since then. This usually happens when we are heading into a recession.


All Comments

  • Posted by ChuckyBob 8 years, 3 months ago in reply to this comment.
    I have used this before. However, when I limit the filter to anchored only it does not show ships anchored where I know there will be some.
    Reply | Permalink  
  • Posted by 8 years, 3 months ago in reply to this comment.
    Agreed, it's supposed to require some suspension of reality to believe it anyway.
    For some reason writers believe the heroes can be so fantastic physically but must be complete basket cases emotionally and intellectual Neanderthals. That's not what heroes are; that's a propaganda caricature.
    Cap is not a good example, so he must go.
    Reply | Permalink  
  • Posted by $ jlc 8 years, 3 months ago in reply to this comment.
    Ah. Sorry - missed that. I had assumed that you were following the show and had secret geek info I lacked!

    Were I to try to create a Superman show, I would diminish his powers. He did not originally have heat vision, for example, and his 'flying' was more extended jumping (like the Hulk). I think that I would probably keep the flying (because, good scenes), do away with the heat vision and then make his xray vision 'the ability to see further into the IR spectrum' - so, like a heat scope. Hmmm...invulnerability...maybe morph it into 'really tough' plus 'regeneration'.

    Cutting down the powers would give one room for more Super-person plots where there was real risk and vulnerability. (You cannot have heroes without the weight of possible cost to oneself.)

    Yeah, I get your point about Supergirl-is-OK because she is a just girl and therefor cannot possibly be so powerful that she will be boring. But I remember when Mrs Peel was criticized because she was 'unfeminine' because she actually physically fought opponents. That was followed by several decades of women who did not fight - or who did an incredibly bad job of doing so (ie on Original Star Trek). Finally, B5 had some scenes where women kicked butt...over 30 years later. So, while I would rather gaze at Superman than Supergirl, I react with a "Yay Team!" to that aspect of modern culture.

    Jan
    Reply | Permalink  
  • Posted by 8 years, 3 months ago in reply to this comment.
    Not watching it either. Just mentioned it as an example of the PC propagandists ignoring the traditional excuse against superman in order to promote the PC character, supergirl.
    Reply | Permalink  
  • Posted by $ jlc 8 years, 3 months ago in reply to this comment.
    I have not been following that show - read a number of reviews and decided to stay away. How does the show deal with 'she can do any damn thing she want to and nothing can harm her'? (Kryptonite - but you know what I mean.)
    Reply | Permalink  
  • Posted by Herb7734 8 years, 3 months ago
    That is entirely correct. However, if the moves he makes in order to survive were in some way incorrect but the story remained the same, I wouldn't care. SO..let's agree to disagree and end this thread which is getting pretty boring, since we are pretty much saying the same things over & over & over.......
    Reply | Permalink  
  • Posted by 8 years, 3 months ago in reply to this comment.
    "guy who is tenacious and will not allow himself to be defeated by his circumstances."
    Oh I get it, but its more than that, Herb. Its a guy who does things after a rational reasoning process to choose his actions that result in survival., he is not a cute politically correct character that would have died several times following the poorly reasoned script. People are getting trained to accept rubbish, and they are the people who will vote Hillary into office and destroy our way of life. If a movie is just fluff entertainment, that's fine, but when its supposed to be based in science, and it gets it wrong, I object.
    Reply | Permalink  
    • Herb7734 replied 8 years, 3 months ago
  • Posted by Herb7734 8 years, 3 months ago in reply to this comment.
    Sheesh
    you guys just don't get it. I go to the movies to be entertained. If I were to use the criteria you espouse I would never enjoy half the flicks I see. I could name at least a dozen movies, not all of them scifi that make little sense scientifically that are entertaining, or amusing, or yes, edifying. The science part is not, I repeat Not what the movie is about. It is about a resourceful person not giving up in the face of continuing adversity. The movie, The Martian may be more scientifically correct, but it's not about the science, but about a guy who is tenacious and will not allow himself to be defeated by his circumstances.
    Reply | Permalink  
  • Posted by $ jlc 8 years, 3 months ago in reply to this comment.
    FTL/dimensional/time travel are standard McGuffin's of SF; 'magic' and 'gods' are similarly situated for Fantasy. I do not have any problems with accepting a given premise, as long as the rest of the world hangs together well.

    Jan
    Reply | Permalink  
  • Posted by $ jlc 8 years, 3 months ago in reply to this comment.
    Me too. "Science the Shit out of it!" has quickly passed into the common lexicon of culture.

    Jan
    Reply | Permalink  
  • Posted by Herb7734 8 years, 3 months ago in reply to this comment.
    OK, I can't help but agree with you in the case you cite. However, the goofy part of the scenario you describe, is intrinsic to the plot, but the science behind the events in Gravity are merely what Hitchcock calls, the "McGuffin." That is a device which in itself is not essential but gets the action going.
    Reply | Permalink  
  • Posted by 8 years, 3 months ago in reply to this comment.
    I just loved the details of Mark's science of survival in the book, and his gritty, uncensored commentary added the needed touch of dry humor.
    Reply | Permalink  
  • Posted by $ jlc 8 years, 3 months ago in reply to this comment.
    I have just reread the book; have the DVD of the movie. I think I like the movie a tiny bit better, mainly because of the ending. I felt a bit cheated by the book ending with Watney smelling bad and waiting for a shower. The ending of the movie might as well have been labeled "Starfleet Academy"...liked that a lot.

    I had thought that Mark was wearing glasses during those last scenes because of the number of times he had breathed pure oxygen in the course of his Martian excursions, but I did a bit more research and it was probably due to the acceleration of the hot-roded MAV. This sort of attention to detail makes my little techie heart go pity-pat.

    Jan
    Reply | Permalink  
  • Posted by $ jlc 8 years, 3 months ago in reply to this comment.
    No, the fact has to be at least plausible in order for the fiction to be good - this applies to sociology, economics and history in addition to science.

    I recently began reading a fantasy novel that had such a poor understanding of economics, trade, and technology that I could not finish it, in spite of the fact that the author spun a good story. For example: an entirely insular medieval subsistence country where the country is unaware (because it does not engage in trade) that its neighboring countries are being attacked and taken over by an invading army but the nobles of said subsistence country have estate homes filled with velvets and silks and china. When the book got to the 'crudely welded gun' (the invaders had) I could not maintain my 'suspension of disbelief'.

    What authors need to realize is that it matters if your world 'hangs together' well and that flagrant inaccuracies (The Black Hole: asteroid crushes space station without any explosive decompression) lead to loss of belief. The Science is in science fiction for a reason, but accuracy also applies to historical and other forms of fiction.

    Jan
    Reply | Permalink  
  • Posted by 8 years, 3 months ago in reply to this comment.
    Guess I am more tired and sensitive to sexist propaganda BS than you are.
    (Surprised you didn't "groan" about my punishing comment, too.)
    Reply | Permalink  
  • Posted by Herb7734 8 years, 3 months ago in reply to this comment.
    Very good. But anything relating to space is science in the minds of most people, even if it's crap science. The thing about the movie Gravity is the question, is it about the science or the person? The answer is that it is about the person. Movies should entertain and as a result we dampen disbelief in order enjoy the tale. We all know that Bert Lahr who played the Cowardly Lion in The Wizard of Oz was in no way even the slightest representation of a true lion. But that didn't take away from his delightful performance.
    Reply | Permalink  
  • Comment hidden due to member score or comment score too low. View Comment
  • Posted by $ MichaelAarethun 8 years, 3 months ago in reply to this comment.
    Nontchs, humanoids, bureaurats? Where will it end? Hopefully never. Wow that was five consonants in a row not the record holder but nice.

    twndlngs meaning twinning.
    Reply | Permalink  
  • Posted by Herb7734 8 years, 3 months ago in reply to this comment.
    You must be an engineer. That's the kind of remark I'd get from my son. Being a non-tech (Hey, a new word: Nontech.") I know it's scifi and not necessarily real science, but it did portray a person not giving up in the face of adversity which is a heroic behavior.
    Reply | Permalink  

  • Comment hidden. Undo