user1873

Earth

BG.SE

Age: 39

The economy is in fact over-expanded, particularly in railroad construction, and the weak link turns out to be the banking house of Jay Cooke and Company, which helped the U.S. Government finance the Civil War and also underwrote the construction of the Northern Pacific Railroad. Jay Cooke and Company, a large and respected banking house declares itself bankrupt, and announces its failure on September 18, 1873.. (The bank's collapse precipitates the "Panic of 1873" and the ensuing three yea depression during which more than 10,000 businesses fail.     The basic economic problems are overproduction, a declining market and deflation. Investors in Europe, where a depression is already underway, begin to call in American loans. The New York Stock Exchange closes its doors for 10 days; other businesses fail; and railroad construction is curtailed, with some railroads defaulting on their bonds. The unemployed begin to move about the country seeking jobs, and bread lines appear in the cities. The hard times drove numbers of laboring people and those in humble circumstances to the West and other portions of the country, to seek the rewards which the stagnation of business in the great commercial centre denied them.

Mar
31
awarded Yearling
Mar
28
comment Can a country prosper without a strong industrial production?
Your question is a mess. Yes, a country can survive without strong industrial production. Yes, a country could be self sustaining and not import/export anything. Your title doesn't match your two questions though.
Mar
23
awarded Nice Question
Mar
23
comment Why is Islam the fastest growing religion in Europe?
They just mean rate of growth, not that surprising. If Europe has 100 million Christians and over 18 years they have 30 million more (30% growth), but Muslims have 10 million and in 18 years have 4 million more (40% growth) through immigration, women having children earlier, etc. Muslims would be faster growing (rate) even though the number of Muslims only increased by 4 million and Christians by 10 million. I believe they say that in the USA, the Catholic numbers are on the rise because of immigration from S. America and the women are poorer, don't use BC, etc.
Mar
18
comment Do one-third of teen suicides involve homosexuals?
That isn't hard evidence. Those statistics in Wikipedia are attempted suicides.
Mar
6
comment But without government, who will take care of the poor?
Sources for your claims?
Mar
5
comment Why isn't there a worldwide military dictatorship?
The majority of the world is very poor. Trying to extract what little they have isn't worth it. Additionally, the US would prevent anyone else, since they are the worlds police.
Mar
4
answered What is the purpose of political-based movies and games produced/directed/made in the U.S?
Feb
28
comment What is the purpose of political-based movies and games produced/directed/made in the U.S?
Bollywood releases many more moves than the USA releases, but I don't think people in India expect hundreds of people to break into song and dance whenever two people fall in love. There is this little thing called make believe. While Hollywood does sometimes get tax breaks on making their movies, the US governement doesn't directly pay for movies or control the content of those movies. This question is more of a rant, with a child's understanding of the movie business, what constitutes a government entity, and fiction. If the Iranian's biggest threat is Hollywood, you are in big trouble.
Feb
28
revised Did the USA inadvertently help ISIS?
deleted 290 characters in body; edited title
Feb
28
revised What is the purpose of political-based movies and games produced/directed/made in the U.S?
deleted 887 characters in body; edited title
Feb
19
comment Is the “Asshole Effect” a phenomenon correlated with wealth?
If i remember right, thr second study looked at if expensive cars would yield the right of way to someone in a crosswalk. Expensive cars are not a good proxy for "wealthy"
Feb
17
comment How can groups make more progress in moving public discourse past denial of anthropogenic climate change?
@Avi, the change isn't that big. The OP wanted to know what the most effective way organizations could spread alarmism about climate change. Polls show that they haven't been that effective to date. So, it answers their question in a round about way, (I.e. stop doing what you are currently doing, it isn't working.) Alarmism isn't any worse than denialism, neither you or Bobson seemed to mention denialism as an issue.
Feb
17
revised How can groups make more progress in moving public discourse past denial of anthropogenic climate change?
added 47 characters in body
Feb
17
reviewed Approve suggested edit on How can groups make more progress in moving public discourse past denial of anthropogenic climate change?
Feb
17
answered How can groups make more progress in moving public discourse past denial of anthropogenic climate change?
Feb
17
revised How can groups make more progress in moving public discourse past denial of anthropogenic climate change?
made the question less subjective.
Feb
14
awarded Popular Question
Feb
11
comment Can a Hero Event be used on another Hero player?
@deworde, don't blame me, it is a direct quote. So, no bears in the game, with a chance at being humorous like magic the gathering?
Feb
9
awarded Nice Question
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