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[PG] PC Market Refuses To Die, Rises Again In Q1. - Page 10

post #91 of 116
Quote:
Originally Posted by crust_cheese View Post

Europe is debt-saddled?
Man, how's the US, then?

US is in better shape then Europe.

I'm hoping Spain doesn't fall because if they do we are all screwed. Their economy is too large to be bailed out by Germany and if they do crash it will likely cause another global reccession.

Unemployment numbers in Europe especially for those under 25 is scary right now. We think 8% is bad here in America. Don't even look at Europes numbers if you don't want to be depressed.
Edited by jtom320 - 4/25/12 at 8:34am
    
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post #92 of 116
Quote:
Originally Posted by jtom320 View Post

Quote:
Originally Posted by crust_cheese View Post

Europe is debt-saddled?
Man, how's the US, then?

US is in better shape then Europe.

I'm hoping Spain doesn't fall because if they do we are all screwed. Their economy is too large to be bailed out by Germany and if they do crash it will likely cause another global reccession.

Unemployment numbers in Europe especially for those under 25 is scary right now. We think 8% is bad here in America. Don't even look at Europes numbers if you don't want to be depressed.

Wow, I though Europe was in way better shape then the US. If they have a worse economy then us, I don't want to know how bad it is, because it ain't sunny over here in the west.
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post #93 of 116
The US' debt is 1.5 times larger then the entire EU's, debt per capita is 20'000 vs. 50'000. And not every state is nearly in such a bad shape as Portugal, Spain or Greece.
post #94 of 116
Debt obviously isn't the whole story however. Unemployment is a pretty good amount worse in Europe then the United States and the problem isn't so much Europe as whole as much as that parts of Europe are way more vulnerable then the US is as a whole and if those parts go down they will bring the entire world economy down with them.
    
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post #95 of 116
Quote:
Originally Posted by crust_cheese View Post

The US' debt is 1.5 times larger then the entire EU's, debt per capita is 20'000 vs. 50'000. And not every state is nearly in such a bad shape as Portugal, Spain or Greece.
thinking.gif

California is tops list of states with the highest debt! California is Greece.
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post #96 of 116
This is not a shocker at all, considering steam, orgin, onlive, and other's I expected this.
    
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post #97 of 116
Quote:
Originally Posted by crust_cheese View Post

The US' debt is 1.5 times larger then the entire EU's, debt per capita is 20'000 vs. 50'000. And not every state is nearly in such a bad shape as Portugal, Spain or Greece.

Debt is not the only factor in whether or not an economy is in bad shape.

Look at this way, when I was 18 I had maybe $500 of debt, and that was a lot for me, because I wasn't working much at the time, or making much money from the work that I did. However, now I'm hundreds of thousands of dollars in debt due to house, car, student loans, etc. and I'm in a much better position financially than I was when I was 18. So the problem is that Spain is not producing nearly as much as the US, so they're not in a good position to make decent payments towards their debt any time soon.
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post #98 of 116
Yeah unemployment numbers in Spain especially for the under 25 crowd is crisis level.

That was a pretty good analogy with house and car payments.
    
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post #99 of 116
What a poorly written article.
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post #100 of 116
You people refer to Europe as a country, although many are members of the EURO, it does not unify their economies to that extent. Northern europe blows us out of the water economically. ( Germany, Luxembourg, Sweden, Norway, Belgium, France) It's mostly Southern europe which has always suffered. Btw, even the crappiest parts of Europe have better income equality than we do in the U.S. Northern Europe's system works much better than ours actually, with most people enjoying a much higher standard of life, but capitalist believers wouldn't understand that. The U.S is still built upon money we DON'T have. It will crash on us again. Problem is in our crap capitalist system, the money needs to be in the hands of the average man... So he can spend it, as of now, the rich make capital gains while the average man hoards his money. This is where we stand as of now.


Anyways ON topic, PC gaming never died, I myself have gotten dozens of people to quit consoles as I offered to build their pc's, when they saw how nicely games played on a good rig they immeadiately wanted in. Of course, there will never be multiplayer mariocart on pc ;(


In addition
some info
Germany Unemployment : 5.7%
Sweden: 6%
Norway: 3.2%
Belgium: 6.5%
Luxembourg: 5%
Also keep note that while unemployed in northern europe you are covered fully by the government.
Edited by Jzkillzone23 - 4/25/12 at 11:12pm
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