If The Global Debt Bubble Bursts, What Will Happen?

I think current monetary system sucks, In the other hand money is good way to determinate value for something. But these days Big players can cheat the system without punishment if they get caught.

There were the stress test for european banks. The meter was that bank has to have 10% money of what it have lended. So basically they can just lend billions and have interest on that money even they never had the money in reality. IF the investments go wrong then theres corrupted EU dick monglers lending even more money which is eventually taken from normal people. There is so many people who has to die before this world can be come any better place ...
 
Its all Bullshit ,Y2k,2012,9/11,7/7,NORWAY - Its all bullshit - the Government is just blackhat Kings trying to make money off the masses.nothing else - using every trick in the book to control people and make them buy useless crap - I mean isn't that what we do.lolllllllllllllllllllllllll



The Government Are Blackhatters :)
 
Meh, people just looove to point out how giving up the gold standard was bad. The reality is that USA and Europe own most of the gold on Earth. As such they can always revert back to using it as the only allowed legal tender. When that happens, the rest of the planet is (once again) toast.

I mean most Americans and Europeans prefer to keep their wealth in land and precious metals. Even with all the perceived stability of the $ and €, compared to pretty much any other currency... And then there is China, Russia and, to an extend, India that blindly believe in some worthless paper. Their populations should really be pissed at their governments and really try to change things instead of naively believing that they are the upcoming chosen ones.

The source about the gold is just a wikipedia link but data seems pretty close to the real situation:
http://en.wikipedia.org/wiki/Gold_reserve#Officially_reported_gold_holdings
 
Total Chaos. I really believe things are a helluva lot worse than what's being relayed to the public....... There's no such thing as "just missing a depression".
 
If you afraid of economic collapse then invest in land not gold,you can sustain yourself on 1/4 acre of land, which is 1000 sq meters. Buy some solar panels as well,and a water purify system as well.
 
Nothing. I was in Russia in '92 when the USSR collapsed. I came to the US soon after. 18 years later and life there is prospering, I'm selling off my real estate assets here in Florida and investing back into Moscow.

Moral of the story is life goes on, stop buying into the media sensationalism created to sell stories. If you're strong and wise you will persevere anywhere, under any conditions. If you're used to everything coming easy, well...that's what I love about economic depressions, they trim the worthless fat off society.

Any real marketer knows problems are good. Whenever there are problems, there are people searching for solutions. The more serious the perceived problem, the more people will pay for a supposed solution.

Create doubt, fear, and paranoia, and you've created a consumer base.
 
I think USA is playing on China's nerves with those "rumors"! China thinks it can bring down USA but they are still babies while USA is a master at the games China is playing. USA will never let a "red" country overtake it.

Whatever internal problems USA is facing, it can still find solutions to its problems.With a seemingly "weak" USA, China will use military options in its neighborhood sooner than later, and USA needs that scenario to sell its "high-tech military gadgets" to every one concerned. This alone will fill its treasury and create jobs.

:)
you fuckin kidding me? LOL. Create jobs by selling high-tech military gadgets? LOL. Do you have any idea who create those "high-tech military gadgets"? The unemployed americans? Funniest post of the day.

if there's anyone who benefit from selling these military weapons, it's always the same group of people. money will always move to a very few individuals during a war, and these weapon companies won't be totally honest in paying tax and all other craps. Their business is as shady as their greediness.

and if you believe their weapon business would benefit you indirectly as an american, you are totally naive.
 
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Nothing. I was in Russia in '92 when the USSR collapsed. I came to the US soon after. 18 years later and life there is prospering, I'm selling off my real estate assets here in Florida and investing back into Moscow.

Moral of the story is life goes on, stop buying into the media sensationalism created to sell stories. If you're strong and wise you will persevere anywhere, under any conditions. If you're used to everything coming easy, well...that's what I love about economic depressions, they trim the worthless fat off society.

Any real marketer knows problems are good. Whenever there are problems, there are people searching for solutions. The more serious the perceived problem, the more people will pay for a supposed solution.

Create doubt, fear, and paranoia, and you've created a consumer base.

The biggest reason why russia is prospering in recent years compared to the u.s. Is because vladimir putin lowered the taxes to 13% when he was first elected to president. Eastern europe will propser while the western part goes into a decline with the united states.

I find it ironic that many americans consider russia to still be communist when if you look at the tax system,america is more of the communist one. The u.s. Is basically saying that its wrong to succeed with the progessive tax system.
 
None of this will matter in a little over a year from now :P

Just sayin' ...;)
 
I am sure of one thing: The U.S. government is not stupid. And we do not need to climb if we do not know how to make money on it. This is a great game.
 
There is no such thing as the U.S. economy or the Europe economy it is just a global economy. The "borders" are only in place to keep people from mass panic.
 
I think that Europe (Especially PIGS countries) will get the most drawbacks of this situation.

We'll see an increasing power of countries like China and India (it's time to buy some co.in domains :cool:)

Most western countries will need to adapt to this situation and they will decrease labor laws/rights just to try to remain competitive with eastern countries.

Unemployment rates will increase and we'll assist to a new migration from west to east countries.
 
you fuckin kidding me? LOL. Create jobs by selling high-tech military gadgets? LOL. Do you have any idea who create those "high-tech military gadgets"? The unemployed americans? Funniest post of the day.

if there's anyone who benefit from selling these military weapons, it's always the same group of people. money will always move to a very few individuals during a war, and these weapon companies won't be totally honest in paying tax and all other craps. Their business is as shady as their greediness.

and if you believe their weapon business would benefit you indirectly as an american, you are totally naive.
Just read the post above you and you'll be educated. Why should I kid you?? I don't even know you exist :). The inflow of money always creates better prospects, and that's what the US citizen would get from the military deals. It's the fastest way to make money for those big countries... But wait, why am I telling you this?:D

You really believe that I am a US citizen? You can take your head out of the sand now! hahaha
 
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ps were robbing china blind when we 'borrow' from them.. we induce inflation and push the value of the dollar down systematically... look at this

we 'borrow' 100m RMB (rmb at 11 to 1 usd, at 1% interest)
we 'give back' 101 rmb (rmb now at 6 to 1 usd, which means we just swooped a 45% profit)
 
Why is everyone over looking the Russian Federation when it comes to growth?
DRUS02-14-11-2.gif
 
Nothing will happen, the way i see this with global economy, we are all to greedy and now we are paying for are greed. Until we stop being greed and spend only what we have earned nothing will change, these just lesson we need to learn. Politicians
think in kinda dumb way, there are 5-10 countries on earth that is debt free.

Anyway there is good HBO film about recession is somebody wants to watch.
To Big To Fail
Code:
http://www.imdb.com/title/tt1742683/
Code:
http://torrents.thepiratebay.org/6487287/Too_Big_to_Fail%5B2011%5DHDRip_XviD-ExtraTorrentRG.6487287.TPB.torrent
 
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