Survivalist Forum banner
1 - 13 of 13 Posts

·
Registered
Joined
·
3,890 Posts
Discussion Starter · #1 ·
Gloomy faces today on CNBC and some of the other cheerleader sites.

First, public unions in Spain are calling for a general strike on June 3.

http://www.cnbc.com/id/37130007

Who doesn't believe we will see a repeat of Greece?

Then, the Euro is back below $1.26, where it was last week during the flash crash.

Also, now that the propaganda re 'Fat Fingers' causing the panic has been shown to be BS, the cheerleaders seemed concerned.

Another Greek general strike is scheduled for May 25:

http://www.cnbc.com/id/37130680

And, stocks are down again today, losing about 50 points in the final minutes, in spite of the Asian and Europe markets having gains.

And the last question: When will China's real estate and growth bubble burst? And what countries will it take with it?

http://online.wsj.com/article/SB10001424052748703880304575237151414962556.html?mod=wsj_india_main
 

·
Bushcrafter
Joined
·
1,420 Posts
Irish protestors have stormed their parliament this week , with several anti austerity cuts/anti bankster bailout protestors getting their heads broke by the Garda: See link to video


http://www.businessinsider.com/raw-footage-of-violent-bailout-protests-in-ireland-2010-5

It's breaking out all over europe, they've just laid off 1200 NHS healthcare workers in my home city and are taking a hatchet to the local council workers' jobs, so I expect to see similar protests here soon.........
 

·
Registered
Joined
·
3,112 Posts
It was more financial terrorism. The bailouts were never designed to do anything other than transfer the wealth to the elite. They were sold on the back of "the end of the world" and "evil speculators" and such, but that was never their design. Only the MSM, Government, and bankers could hide something is plain sight such as that.

Government: We need to defend the Euro against rouge (of course) speculators...
Bankers: We agree, yeah, go get 'em....
Government: We will take every measure possible to make sure the Euro is defended.
Bankers: Yeah, us too, we're in...
Governments: We will print massive amounts of the very currency we are telling you we are going to protect, and put each country further into debt, and transfer all that money to the banks, again, to protect the Euro... and of course, the citizens.
Bankers: Yeah, that sounds good to us...

Citizens: Um, hummm, let me get this straight. The currency is being hammered because the debt levels are completely unsustainable. So your solution is to create more of that currency, without increasing production at all, AND increase the very debt that is causing the problem in the first place, and give it to the banks? What you propose sounds like the exact opposite of what we should be doing. In fact, what you propose should actually destroy the currency which ruins the middle class, but seems to give the banks a nice payday.

Government & Banks: Are you an evil speculator? Come with us, we have some questions for you.



Only a fool could not see what is hidden in plain sight. Financial terrorism 101.... never let a good crisis go to waste. If there is no crisis (a la 9/11), create one. Come on people, can we all please grow up now (not directed at the OP)?
 

·
Banned
Joined
·
1,405 Posts
It was more financial terrorism. The bailouts were never designed to do anything other than transfer the wealth to the elite. They were sold on the back of "the end of the world" and "evil speculators" and such, but that was never their design. Only the MSM, Government, and bankers could hide something is plain sight such as that.

Government: We need to defend the Euro against rouge (of course) speculators...
Bankers: We agree, yeah, go get 'em....
Government: We will take every measure possible to make sure the Euro is defended.
Bankers: Yeah, us too, we're in...
Governments: We will print massive amounts of the very currency we are telling you we are going to protect, and put each country further into debt, and transfer all that money to the banks, again, to protect the Euro... and of course, the citizens.
Bankers: Yeah, that sounds good to us...

Citizens: Um, hummm, let me get this straight. The currency is being hammered because the debt levels are completely unsustainable. So your solution is to create more of that currency, without increasing production at all, AND increase the very debt that is causing the problem in the first place, and give it to the banks? What you propose sounds like the exact opposite of what we should be doing. In fact, what you propose should actually destroy the currency which ruins the middle class, but seems to give the banks a nice payday.

Government & Banks: Are you an evil speculator? Come with us, we have some questions for you.



Only a fool could not see what is hidden in plain sight. Financial terrorism 101.... never let a good crisis go to waste. If there is no crisis (a la 9/11), create one. Come on people, can we all please grow up now (not directed at the OP)?
Nail meet head!

Well said FK:thumb:
 

·
Registered
Joined
·
626 Posts
The overlying question is:

Should we continue to pump trillions of fiat dollars into the system(in the form of bailouts) in order to temporarily keep the system going, or should we stand our ground, do whats right, and just let the system collapse as it should have two years ago?

Meh.
 

·
Registered
Joined
·
3,839 Posts
Irish protestors have stormed their parliament this week , with several anti austerity cuts/anti bankster bailout protestors getting their heads broke by the Garda: See link to video


http://www.businessinsider.com/raw-footage-of-violent-bailout-protests-in-ireland-2010-5

It's breaking out all over europe, they've just laid off 1200 NHS healthcare workers in my home city and are taking a hatchet to the local council workers' jobs, so I expect to see similar protests here soon.........
Wow, it's already getting violent even with the trillion dollar bailout.

The girl got her head cracked open, this is not good.
 

·
Registered
Joined
·
3,112 Posts
The overlying question is:

Should we continue to pump trillions of fiat dollars into the system(in the form of bailouts) in order to temporarily keep the system going, or should we stand our ground, do whats right, and just let the system collapse as it should have two years ago?

Meh.[/QU

I was thinking about this tonight. "It" has collapsed. The reallllll identifying question, the question that means everything, is, "Collapsed for whom?".

"We" are not pumping anything into this system. The whole "they should not pump our taxpayer money into this anymore...." blah is just that... blah nonsense.

Our tax money is going nowhere. It cannot even fund what we are doing here. Our tax money is nothing compared to what this money going to the banks is. The globe has spent over $50T on these bailouts. It is never about our tax money. That is just a ploy b/c the number is much more easy to grasp for the public. It is about debt and more simply, enslavement through interest and the complete and utter devaluation of our standard of living which elevates the elite (because the now lower middle class relies on transfer payments, etc...).

It has collapsed for the middle class. It has collapsed for the poor. Everything is working out just fine for the elite. In fact, things have never been better (or so they think). The endless money supply to banks allows them to reap massive profits and pay out massive bonuses which creates the utter consolidation of power for the elite. You can either take over "something" or "someone", a surface level, through war, or economics. They do it both ways.

You do not want to price your oil in our currency? Fine. We will take you over.

You think you are about to retire and step outside this system? Fine, we will crash everything you have ever seen, and put you right back in "dependency row". Back in line, silly millionaire baby boomer.

All "they" have done is enslave another 5 generations of citizens. These bailouts will never be repaid. Debt is NEVER supposed to be repaid. Banks HATE it when you pay off your 30 year mortgage in 10 years. Look at the numbers.

This is surfdom, plain and simple. How many bailouts have you received? Is the swap line open for you? How about accountibility? Pay your mortgage on time or else the phone will ring and the Sherriff will be at your door. Credit cards late? Oh boy, you don't want that precious credit score to get hit, DO YOU?

But that is NOT the same set of rules for the elite. This world is a playground to them. Look at their actions and nothing more.

The collapse started decades ago. The collapse has happened. The only change to the system will be at the hands of civil unrest. You think you (we) can vote in change? You are nuts. We can dream all we want, but unless you die in your sleep, you will wake up and face the reality before you. It is not a choice, but a requirement.

So the underlying question should be, "When will WE make that change?". It will NEVER come at the hands of those that prosper the most in the form of power and wealth, from the very system that we seek to change.

Change will come when everyone in this spoonfed nation wakes up and realizes that they are just ants marching on. The entire system is broken, but the question is, "Broken for whom?".

This change will not come from voting any more than it did at the birth of our nation. I fear that it will only come through bloodshed, as the fist that grips our throats only tightens after the first shot is fired. This will not end well, and any thoughts that it will, are irresponsible pipe dreams, and nothing more. I encourage the exact opposite of what I fear it will really take to turn this globe around.
 
1 - 13 of 13 Posts
This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.
Top