Propaganda is their stock in trade...
One by one Central Banks are beginning to lose control of the financial system...
When you compare the price of gold to the monetary base, the ratio is at an all-time low. What does this mean?
All you need to know in two easy words.
"The horror, the horror". That's priceless!
Do you want to lend, or do you want to surf?
Charlie don't lend.
Do you smell that...! Do you smell that...! I love the smell of burning Gyros in the morning... smells like... Victory.
[If you can't play by the rules, you are kicked out of the Club... keep in mind that only one lieutenant has to be shot... everyone else will fall in order rather hastily]
The following was sourced from Stratfor www.stratfor.com
The Greek economic imbroglio that has engulfed the European Union in its most serious economic and political crisis ever is building to a climax, with the likely conclusion on May 10 when the eurozone leaders meet in Brussels. Below is a timeline of significant events.
Yep, protests in Athens ... Germans pay. They really should grow a new pair and go gothic on them.
I love the smell of CDS burning in the morning... It smells like nothing else.
This is the end... my only friend...
Photo Journalist: This is the way the fucking world ends! Look at this fucking shit we're in, man! Not with a bang, but with a whimper. And with a whimper, I'm fucking splitting, Jack.
“There is no bailout problem. In the euro area, default does not exist.”
(Joaquin Almunia, 2010)
"Faltering forces of infidels cannot just enter a country of 26 million people and lay besiege to them! They are the ones who will find themselves under siege ... God will roast their stomachs in hell at the hands of Iraqis ... We have them surrounded in their tanks ... There are no American infidels in Baghdad. Never! ... Their infidels are committing suicide by the hundreds on the gates of Baghdad. Be assured, Baghdad is safe, protected."
(Iraqi Minister of Information "Baghdad Bob", 2003)
I love how major news magazines use words like "out of control". Nothing could be further from the truth. The entire purpose of the public stage of this debacle is maximum debt saturation. The IMF is achieving this objective with admirable results.
I don't see anything out of control; rather, I see a plan unfolding in all its beautiful glory. Really, at some point we must give credit where credit is due. We are being masterfully played. Bravo!
I agree. They have engineered the end-game with astonishing precision.
The only snit I have is if you take two people of comparable IQ, and one is purposely directed towards a 'useful' professional career (one entailing horribly boring, complex subject matter complete with multi-day licensing tests, only to graduate to a life of 16 hr work days), while the other is pulled aside and told how the world really works, it's not really cricket, now is it?
Well, better late than never. I'm pretty competitive, which is why I don't get all wobbly bemoaning what has become of us. I just want to get a chance to play & win during the next round.
You must be a CPA. In my next life I'm going to be a housewife, or house cat. Haven't decided yet.
I'm coming back as a fucking Chihuahua! Can't beat a view from the purse!
Could come back as a little girl Chihuahua tho =/
"I was going to the worst place in the world and I didn't even know it yet."
- Where's my JUNK?!?!
B9K9 I see it your way as well. All motivation to do honest work is gone from me. Today i go to a work site to "help" a friend finish his garage. What actual cash i may receive from this is worth didly. Besides that it just "feels stupid" to work for dollars when other folks make millions in minutes from a call. Until recently i had a strong german work ethic. Now it just makes no sense to work at all. Add the millions of unemployed getting free money for to years really yanked the rug out from under fair work ,fair pay
WTF does IQ measure????
If you can't see how the world really works IQ will not help you.
Pattern recognition is very underestimated...
Well, if say 5% of the population is smart enough to understand how important being smart is, well, that's leaves 95% of the population telling themselves that everyone is created equal.
The ratio of suckers to nonsuckers is a constant. You could also call it the wolf-to-sheep ratio.
The game changes, but the suckers stay the same.
Exactly. But how do you get out of the system in the first place in order to gain enough perspective? What happens if you go to a leading HS where practically everyone goes to either Ivy/UC, your/their parents are Ivy/UC grads, and YOU are expected & guided to follow in the exact same steps?
Not only do you not get any chance to see how the world works, you're purposely directed away from any useful inquiry. Hence, the types of heart-felt essays of self-exploration written by CogDis who expresses what millions are now also experiencing.
In some regards, I at least was trained in fundamentals so that my transition was fairly quick & painless. But what about scientists, doctors and humanitarians who were also sold the same con job, yet have -0- background knowledge in how to process this type of information?
At some point, you come to realize just what a masterful performance the entire game was played. Control education, control media and control (fiat) money and have a field day directing & watching the lemmings run around in circles trying desperately to "get ahead". Problem is, is it really that much fun after the thrill is gone? Is that why Lloyd looks the way he does?
Or some nice blue mushrooms. Either way go camping and watch the trees and rocks watching you back. They don't care what the market is doing.
That's why I say we all focus our time on educating the homeless and bums on how to extract revenge on the powers that be in the banking and government sector. You figure there are thousands of them with nothing to lose and enough people pissed off in the middle and upper middle class who are educated and ready to lead a willing ahem "population." Not that I'm advocating anything, I'm just saying...
Did someone not leverage themselves properly against a possible low IQ score? Need to hit the gym again?
Ouch! Note to self, don't screw with thesapein.
"Leverage themselves properly against a possible low IQ score"
That might be a good one
Not sure if it was intentional or not, but that was really fucking funny!
It would be nice to have been told it early on, instead having to 'figure' it out through trial and error.
Careful, in trial and error (especially the error part) will reveal to you in much more real terms how-the-world works (in a bottom-up, scientific way) than taking someone else's (top-down) opinion. Find the diamond in the error, just do it as fast and as early as possible in life.
The only possibility of this being engineered is after the dust has settled, Greenspan comes forward and admits to having intentionally turned the debt fire hose on, knowing full well the bankers wouldn't be able to contain their avarice in their dream to become feudal lords of the Earth.
As things stand, they killed the goose the laid the golden eggs, it's just going to take about 18 months for the goose to die (it's a really big goose, after all).
This will result in the repudiation of modern monetary systems, Keynesianism, and a return to PMs or PMs/commodities as currency.
With any luck there will be a big purge of non-productive government (bureaucrats, military and various forms of welfare, both corporate and private), and a de-centralizing of power (return of control to state and local governments).
But the banks are pooched. The top management will be lucky if they don't do hard time.
in the end, we don't need banks. They are a convenience, like cable TV or the Internet. If they survive at all, it will be in their traditional local lending/VC services (think George Will in It's a Wonderful Life".
Once this is over, the pent up entrepreneurial urges (unfettered by the shackles of corrupt bankers and feckless politicians) will gusher forth resulting in an age of growth and prosperity few will have anticipated.
Just make sure you have a good helmet and life vest on so you can make it to the other side of the terribly fast-moving river we all need to cross.
Move to a wider angle lens my friend. 17mm or wider I think.
What they mean is "Out of (your and my) control".
This is a masterpiece indeed!! Their agenda is clear, but is it clear to us? For me I don't understand it, is it to owe everything? or just to control everything?! beats me!!
Tell me how I can make money off of "maximum debt saturation".
Buy gold, buy silver. The debt will be monetized.
Oh.. looky here... the Economist has gone done something clever. :)
If real, this is actually pretty funny.
The Horror! The Horror!
Merkel = PBR Streetgang
Ben = Almighty
Europe, or maybe the whole world = Kurtz's compound
Willardolys: Are you crazy, Goddammit? Don't you think its a little risky for just some EMU?
Kilgoraia: If I say its safe to swap interest rates with these Goldman bitches, Captain, then its safe to swap interest rates with these bitches!
You'd think they could at least have decked Angela out in Flecktarn.
This is the endBeautiful friendThis is the endMy only friend, the endOf our elaborate plans, the endOf everything that stands, the endNo safety or surprise, the endI'll never look into your eyes...again
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