Author Topic: Financial/economic collapse  (Read 113880 times)

Yowbarb

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Re: Financial/economic collapse
« Reply #15 on: January 31, 2011, 04:17:08 PM »
Well, ASEEKERTOO someday we will know if this is smoke and mirrors or true economic healing which has been going on.
One problem though is, if we have a global catastrophe we may never know the entire truth of what is going on right now... If it is as bad as the "worst case scenario," from PX then a lot of this is pretty much for naught.
One hope I have is there are enough people, animals, seeds, technology equipment and machines to restart this world even if a lot of people do not make it. On the positive side here: I feel any type of forward progress whether it be a use of green energy - or a more efficient communication technology or better connections between nations - as long as these things are documented and the technology safeguarded -these are things that could be used in the future. At least there would be something to refer to ...
I know there could be a lot of different scenarios...
Thanks,
Yowbarb

noproblemo2

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Re: Financial/economic collapse
« Reply #16 on: January 31, 2011, 04:22:52 PM »
Well, ASEEKERTOO someday we will know if this is smoke and mirrors or true economic healing which has been going on.
One problem though is, if we have a global catastrophe we may never know the entire truth of what is going on right now... If it is as bad as the "worst case scenario," from PX then a lot of this is pretty much for naught.
One hope I have is there are enough people, animals, seeds, technology equipment and machines to restart this world even if a lot of people do not make it. On the positive side here: I feel any type of forward progress whether it be a use of green energy - or a more efficient communication technology or better connections between nations - as long as these things are documented and the technology safeguarded -these are things that could be used in the future. At least there would be something to refer to ...
I know there could be a lot of different scenarios...
Thanks,
YowbarbBarb I also am hoping for the same for the future generations when this is over. 

Yowbarb

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Re: Financial/economic collapse
« Reply #17 on: January 31, 2011, 05:36:13 PM »
Susan yes, we all on the same side - having hopes for the future...

Alfred Williams

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Re: Financial/economic collapse
« Reply #18 on: January 31, 2011, 06:58:14 PM »
Oh I am convinced it is all smoke and mirrors on wall street. We have seen just one electronic blip a while back. You can bet they are so inside each others trading worlds, it would truly make Madoff proud. Find your most local soil connected environments and plan on somehow as a group to co-opt a crop. Do it now. Get started with some level of preparation. It is hard to speak in public of the true object of preparadeness however when even the most unscientific minded begins to give it some thought then it is incumbent upon each of us as the family we are, this group we have formed has the best chance. People close to you must understand you for this and please be what humanity is about and live good and yes wholesome lives. That will be the one thing to hold on to as we move forward.
It is not what you know.
It is what you do with what you know!!

Jimfarmer

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Re: Financial/economic collapse
« Reply #19 on: February 01, 2011, 09:20:23 AM »
From http://www.guardian.co.uk/business/2009/sep/17/economist-global-debt-clock

[start excerpt]
The  Economist clock is ticking as global public debt rises by the second

Online guide keeps a running total of the current global public debt – updating every few seconds – and provides projections of how it will grow
...
With the world's governments now owing a collective $35tn (£21tn) and counting, the Economist has devised an innovative way of getting to grips with the eye-wateringly high mountain of public debt.

Called the Global Public Debt Clock, the online guide keeps a running total of the current global public debt – updating every few seconds.

There is also an interactive map that allows users see which countries are particularly laden with debt – America, the UK, most of continental Europe – and which are less dependent on borrowing to balance the books – India, China, much of Africa.
...
The Economist warned: "The worst global economic storm since the 1930s may be beginning to clear, but another cloud already looms on the financial horizon: massive public debt."

Across the rich world, governments are borrowing vast amounts as the recession reduces tax revenue and spending mounts on bailouts, unemployment benefits and stimulus plans. New figures from economists at the IMF suggest the public debt of the 10 leading rich countries will rise from 78% of GDP in 2007 to 114% by 2014. These governments will then owe about $50,000 for every one of their citizens. Not since the second world war have so many governments borrowed so much so quickly or, collectively, been so heavily in hock.

It continued: "Today's debt surge, unlike the wartime one, will not be temporary. Even after the recession ends, few rich countries will be running budgets tight enough to stop their debt from rising further. Worse, today's borrowing binge is taking place just before a slow motion budget bust caused by the pension and healthcare costs of a greying population. By 2050 a third of the rich world's population will be over 60. The demographic bill is likely to be 10 times bigger than the fiscal cost of the financial crisis."
[end excerpt]

The map of debt levels is at http://buttonwood.economist.com/content/gdc .
Obviously unsustainable.

Jimfarmer

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Re: Financial/economic collapse
« Reply #20 on: February 09, 2011, 08:31:26 AM »
Here is some news that we will never see in the US media.  (Received today by e-mail from info@survivalcenter.com)

[start quote]
   REBELLION IN AMERICA
 
Subject: State Legislatures Prepare For Money Crisis as Federal Reserve System of Credit Fraud Fails

Virginia eyes switching off dollar Cites 'inevitable destruction of the Federal Reserve System's currency'

WASHINGTON – Virginia state Delegate Robert G. Marshall has introduced legislation to study whether the Commonwealth should make the preparations now to switch suddenly to an alternative currency in the event of an implosion of the Federal Reserve System and the destruction of the dollar.

House Joint Resolution 557 is another piece of a growing movement among state legislators who are concerned about the dollar's demise. Ten states have considered similar bills, recommending a return to some form of a commodity-based currency, using either silver or gold. ( a few states are waking up )

3.   2011 Global Revolution Goes Viral Enough=Enough infopowerment2all countries (enslaved by NWO)
 
http://www.youtube.com/watch?v=0Kb4hrEiioU
[end quote]

The last frame of the video says "It's a global insurrection against terrorist bankers, dictators, crooked oligarchs [sic] and deceitful politicians".  Really surprising.

 

noproblemo2

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Re: Financial/economic collapse
« Reply #21 on: February 09, 2011, 08:57:53 AM »
This could have been so avoidable, that is what is so sad to me.

Montanabarb

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Re: Financial/economic collapse
« Reply #22 on: February 09, 2011, 12:05:18 PM »
This could have been so avoidable, that is what is so sad to me.

Susan, I'm not sure what you meant was avoidable.  The only way the current global condition was avoidable would have been to stop the "Banksters" in their tracks nearly 100 years ago, at Jekyl Island, and to have stopped Woodrow Wilson from allowing the creation of the Federal Reserve and the fractional reserve banking system.  Everything that has happened since then was carefully planned, and the plan is nearing its long term goals. As David Icke puts it, their system is very simple:  "Create a problem (e.g. Pandemic, Nazis, Communists, Terrorists and now maybe Aliens), wait for the reaction (Why Doesn't Somebody Do Something?), and then offer a solution (which always results in loss of freedom for the little guys--like the Patriot Act, the Sedition Act, mandates like vaccinations and, in the future, micro-chipping) all heading toward the same goal: complete subjugation and control of the population and one world government, military, currency, and even religion. 

Recommended reading: "Web of Debt" by Ellen Hodgson Brown, and any book by Daniel Estulin, especially "The Bilderberg Group."  Also, "Confessions of an Economic Hit Man" by John Perkins (or any of his other eleven books. The latest is "Hoodwinked.") We still have an opportunity to stop these people, but it's getting slimmer every day.  Perhaps Mother Gaia will take care of them for us.
« Last Edit: February 09, 2011, 01:08:31 PM by Montanabarb »

noproblemo2

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Re: Financial/economic collapse
« Reply #23 on: February 09, 2011, 12:15:34 PM »
HOW DID  JEFFERSON  KNOW?

Especially read the last quote from 1802.
 
When we get piled
upon one another in large cities, as in Europe,
we shall become as corrupt as  Europe  .
Thomas Jefferson

The democracy will cease to exist
when you take away from those
who are willing to work and give to those who would not.

Thomas Jefferson


It is incumbent on every
generation to pay its own debts as it goes.
A principle which if acted on would save
one-half the wars of the world.
Thomas Jefferson


I predict future happiness for
Americans if they can prevent the government
from wasting the labors of the people under the
pretense of taking care of them.

Thomas Jefferson   


My reading of history convinces me
that most bad government results from too much
government.
Thomas Jefferson


No free man shall ever be debarred
the use of arms.
Thomas Jefferson


The strongest reason for the
people to retain the right to keep and bear arms
is, as a last resort, to protect themselves
against tyranny in government.
Thomas Jefferson


The tree of liberty must be
refreshed from time to time with the blood of
patriots and tyrants.
Thomas Jefferson


To compel a man to subsidize with
his taxes the propagation of ideas which he
disbelieves and abhors is sinful and tyrannical.

Thomas Jefferson


Thomas  Jefferson said in 1802:
'I believe that
banking institutions are more dangerous to
our liberties than standing armies.
If the American people ever allow
private banks to control the issue of their
currency, first by inflation, then by
deflation, the banks and corporations that will
grow up around the banks will deprive the people
of all property - until their children
wake-up homeless on the continent their fathers
conquered.'
 

Lori

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Re: Financial/economic collapse
« Reply #24 on: February 09, 2011, 03:42:32 PM »
 8) 8)
« Last Edit: February 09, 2011, 03:47:34 PM by Lori »

Yowbarb

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Re: Financial/economic collapse
« Reply #25 on: February 17, 2011, 09:30:00 AM »
The banks used to loan people money and were part of the community.
Out on the prarie if there was a bad year for crops the banks would loan enough to get by and seed the next time. Then out of the profits the money was repaid, and not at exorbitant interest.
The local general store would let farmers and ranchers have a tab and get them through the lean times...
It all seemed to work out based on what I have read...
Banks are suppsed to provide a service not do what they have been doing...

augonit

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Re: Financial/economic collapse
« Reply #26 on: February 17, 2011, 04:12:07 PM »
It almost seems like banks have enslaved us. 

Linda

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Re: Financial/economic collapse
« Reply #27 on: February 17, 2011, 05:24:32 PM »
The problem seems to be that the Banks now run our governments and do as they please! IMHO! :)

Linda
Linda :)

It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change.

VillageIdiot

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Re: Financial/economic collapse
« Reply #28 on: February 18, 2011, 07:50:16 AM »
To quote Deep Throat (Watergate scandal) "follow the money". So the next question should be: Who owns the banks?  :o
Live long and prosper!

Jimfarmer

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Re: Financial/economic collapse
« Reply #29 on: February 18, 2011, 09:43:08 AM »