Originally Posted by coalition The IMF wants a $ Trillion to 'save the Economy: Do they actually understand economics, across the Road from them is the FED, handing out $ confetti to their crooked little Banksters, which you with many other millions of poor souls will have to starve to pay for. A Trillion is about enough to stave of the inevitable, for a few months, on all Economic Charts that is just about when the bubble blows, and Default is in progress. It is no longer if, just when. The wealthy investors are ordering governments to insure they are repaid before the great event...otherwise? To do this they must have taxpayers' money, nobody else would be stupid enough, and as governments (politicians) are busy looking after their 'friends' and families there is little enough of that left....to ...
I have said it before and I say it again and, amazingly, my screams at you are supported by Matthew Lynn, a leading Chief Economist: well bugger me, I thought the whole clan were just lying bullshi**ers, well one Sparrow............ We have no reason to be proud, the longer you wait the more you lose, as the Dictatorship, take your money to give to the rich. I also said this before, it will all go pear shaped and, there is never a good time but, why should you give all you have to the Rich, before it does go. And go it will........... READ THE ARTICLE: That revolt is going to grow and grow as 2012 progresses. Political leaders are going to fight back against the austerity the financial markets demand. In Greece, it is hard to imagine that permanent ...
Originally Posted by coalition How to save the EURO, and get rid of the US Derivative Albatross around the neck of the World. The effect of an OPEC switch to the euro would be that oil-consuming nations would have to flush dollars out of their (central bank) reserve funds and replace these with euros. The dollar would crash anywhere from 20-40% in value and the consequences would be those one could expect from any currency collapse and massive inflation (think Argentina currency crisis, for example). You'd have foreign funds stream out of the U.S. stock markets and dollar denominated assets, there'd surely be a run on the banks much like the 1930s, the current account deficit would become unserviceable, the budget deficit would go into default, and so on. Your basic 3rd world economic crisis scenario. The United ...
Originally Posted by coalition Sometimes we forget those who have placed their trust in us, to create a better life. I can think of many posters on this site, who sneer at the poor and tell them how easy it is to succeed...without, as Keynes called it, The Dole. This in spite of the fact that their hand is in the cookie jar, taking out more PA in 'Handouts' from the State, than the poor will ever get...in a lifetime. Look in the mirror and see a Benefits scrounger and remember whom you are stealing from. ********************** I was18 when I left school. It was 1989, the height of what was supposedly the Thatcher boom years but like many of the Conservative boom years (which are few and far between). Just like the Bush / Blair boom built on the ...
Originally Posted by coalition Every time I come across Tory demented screaming for 'hanging' I smile to myself. While, in theory, I have nothing against the Death Penalty...and it is inevitable that we will see it return to the statute books, .it is really only the Tory demented, who always specify 'hanging' as the ideal deterrant. Once upon a time, 'burning at the stake was a Tory favorite, especially when it was a victim from the tribe of Jacob, as they were 'dibbing' his pockets for his money and property, now they just 'dibb' everybodys pockets, for whatever they can steal. they never were particular, As they now need a new profits contribution centre, may I suggest the Muslim medievalism au currant in Saudi Arabia today. Lots of super rich celeb witches to bolster Tory demented coffers. It is ...