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the UK and US has been completly deindustrialized. 10s of thousands of factorys have been closed down and moved to china. the government keeps borrowing and borrowing to try and kick start an economy that is not there anymore LOL. 64 BILLION was wiped off 1 of the UK markets yesterday or the day before. Every1 is borrowing and consuming, borrowing and consuming and theres no economy to pay it back. Everything is moved to the far east and we have to borrow to pay and get it imported back. its so stupid can you not see that. Anyone that is trying to cut back on consuming think they are doing good by banking their money but dont realise that their money is getting devalued each week that passes. your balance wont go down but it wont be able to buy you as much next month that what it can this month. people need to start investing in gold, silver and other valuables so when "paper" money is wiped out youll have saved a good chunk of your wealth. gold and silver dropped slightly in the last few days but since last year gold has increased around 46% and silver around 98%

Just look at main line History and combine the economy with alternative media to connect the dots and see whats going on. we are no different from the local german population who had death camps outside their towns and were oblivious to it because of smart propaganda.

im being skeptical on things i read but in some cases its so clear its stupid. we need to open our eyes and see we are being taken for a long ride.
 
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DefiantAsh said:
The+benchwarmers_015.jpg
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Whoaaaa hold the phone, check out that t-shirt .. DO WANT!
 
jakesnake said:
people need to start investing in gold, silver and other valuables so when "paper" money is wiped out youll have saved a good chunk of your wealth.
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If the economy goes so far that paper money becomes obsolete, why will having Gold/Silver be any better? Will people start trading food for Gold/Silver? What gives Gold/Silver that value?
 
tibbsey said:
If the economy goes so far that paper money becomes obsolete, why will having Gold/Silver be any better? Will people start trading food for Gold/Silver? What gives Gold/Silver that value?
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watch this interview m8. this guy is running to be a nominee to run for president in 2012. hes a Doctor, Congressman and veteran. smart as cookies.

<<< this interview was in 2008 and he spoke of whats happening now.

golds value will always be determined by a free market because the government cant print it. people think we have a free market but the reality is we dont.

we basically live in a Corporatocracy > http://en.wikipedia.org/wiki/Corporatocracy
 
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the fact that every other market also attributes that value to it. that and it's bloody hard to get hold of if you're not cash4gold.com :p

What makes a £50 note worth £50?
 
jakesnake said:
watch this interview m8. this guy is running to be a nominee to run for president in 2012. hes a Doctor, Congressman and veteran. smart as cookies.

<<< this interview was in 2008 and he spoke of whats happening now.

golds value will always be determined by a free market because the government cant print it. people think we have a free market but the reality is we dont.

we basically live in a Corporatocracy > http://en.wikipedia.org/wiki/Corporatocracy
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People don't think we have free markets, free markets do not work for for the exact reason you linked, moral hazard. Thus we have regulatory authorities. Guess who regulates markets to be fair and square, we do and if we want to mess up financial system for short term profits and let long term prosperity be a draw of luck then that what happens. Yes we messed up in 2006-8 but we've learned a lot and acted accordingly.

Instead of getting an economics doctorate and then helping the economy I see you pick and point mindless candidates who have no idea about how economies work, I heard he wants gold standard back and abolish all income tax, that's enough for me to conclude the man is heads in the clouds maniac.

You sound like a child finding out parents always lied to him about father christmass, we all know about the shortcomings, those who truly care - act, the rest - like you, moan.
 
Jokester said:
To be honest I could well believe it but...

They'll put £64B back on the next day and so on. The price of shares can go up as well as down and all that.
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lol no chance. look at the state of the economy do you think it will pull that 64bil back? really? it may claw back 1% of what it lost but that is manufactured by the biggest bankers to show hope of growth and encourage more investment. then the rug will be pulled from under people again. the economy is on strings and it being see sawed so the rich get richer and the poor get poorer.
 
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Nerusy said:
Keep your head in someone else's sand.

For starters at least have the common curtest to learn how the markets/economies work rather than take conspiracy literature as a bible.
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LOL theres not much to learn about an economy thats been TAKEN APART AND SHIPED TO ANOTHER COUNTRY.

keep on denying it man you love getting dominated.
 
jakesnake said:
lol no chance. look at the state of the economy do you think it will pull that 64bil back? really? it may claw back 1% of what it lost but that is manufactured by the biggest bankers to show hope of growth and encourage more investment. then the rug will be pulled from under people again. the economy is on strings and it being see sawed so the rich get richer and the poor get poorer.
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Do you how much £64B is in terms of % of the FTSE?
 
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