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The European Debt Crisis Visualized
At the heart of the European debt crisis is the euro, the currency that ties together 17 countries in an intimate manner. So when one country teeters on the brink of financial collapse, the entire continent is at risk. The following excellent mini-documentary visually explains how such a flawed system came to be... and what's next?
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This is not the Hitler overdub You are looking for...
Off topic, but the 9th circuit overturned CA's draconian CCW limitations. This is such a shocker, and not the 3 finger kind.
Pretty amazing when you realize how far left the 9th is, too.
it's a propaganda video
first it says that tptb wanted to take control of europe by eliminating sovereignty of each state
this is being done by pushing debt onto countries that they cannot repay, then taking over their government by installing bank employees
the debt is pushed on to these states via the miracle of fractional fiat debt delivery, in which euros that never existed were loaned to states that then required their citizens to generate these euros to pay back the principal plus interest
this obligation, of course, can never be met
which allows the lender to confiscate the assets of all the people in the country, so that they and their become debt slaves
I can't believe bloomburg would push this point of view on people!
the meta-irony is epic ;-)
Like a strong centralized government is the answer! Fucking Statists always see the problem as a lack of power. If they could only pass a law! Fuckers!
is it still "propaganda" when it's true? I know the Latin origin, and the root, but no one uses 'propaganda' in a neutral way anymore, implicit in the standard-utilized meaning is some degree of falsification.
My machine isn't letting me watch this video. I feel left out.
They neglected that governments assumed banks’ debt. It's a very crude propaganda flick.
Well Shitcoin will not save them either..............
http://gizmodo.com/somebody-hacked-into-silk-road-2-and-stole-all-the-bi...
So bit coin can be hacked, thought it was Bullet Proof............
Pagin fonestar
I'm no BTC expert, but I doubt SR 2 was hacked. That's the excuse, but it seems like they just decided to take the money and run.
Reddit calls it an inside job
From r/SilkRoad: SR 2.0 hacked; ALL BTC gone.
From r/DarkNetMarkets: SR has been HACKED!
Top comment by paleh0rse:
I hope you realize that, unless another vulnerability was exploited, or some social engineering was involved, the transaction malleability issue CANNOT be used to steal coins. Malformed TXID's injected into the blockchain, or even just your custom wallet implementation, would NOT result in stolen coins.
You are either lying, or you don't understand how these supposed "hackers" broke your shit.
"You are either lying, or you don't understand how these supposed "hackers" broke your shit."
Not really a software guy, eh? :o]
Glorified DOS attack. College kid stuff. Completely disparate from jacking the code or rerouting payments.
A traffic jam, not a burglary.
That said NSA and/or Mossad and/or Mi5, inter alia, almost certainly have the scode by now. Which means someone at the banks has it.
Someone who likely will make $ off the volatility.
I may be wrong however.
First of all, I was quoting someone from Reddit who seems to understand Bitcoin better than I do. They were pointing out the issue with BTC blamed for the alleged hack of SR didn't make sense.
Second of all, when you use SR, you put your BTC on their site.
So, it is conceivable that the admins of SR simply stole the BTC rather than a flaw in BTC being exploited.
I hear you, I was just busting balls a little not, in this instance, trying to be a dick. You put btc on their site but not the access, obviously, and someone compared this to forging a receipt, the coin and the code were sorta ancillary it seems. I don't know much about it so I'll shut up. Sorry. The only thing I feel there's a good probability of is that intelligence agencies have access to bitcoin in a way people on reddit do not and will tend to make money off volatility by giving the still small pool of coins pushes up and down.
This doesn't mean other people can't make money, as well, it just means btc is riskier {if I'm right} than people are imagining going in.
What I can't see, right now, is any serious argument for btc over physical gold.
Someone close to the SR inner workings is saying that any missed BTC payments require a manual override to force the second payment (which is what the current transaction ID nonsense is about.) If that's indeed true then no amount of DoS attacks or payment schemes would result in the double-spending that SR is claiming depleted their accounts. This implies that the BTC at SR had to be taken using a private key, and you have to be pants-on-head retarded to co-locate a private key on a server (seriously, many hacks in the past were done due to this, so it's just common knowledge to not at this point.)
Since SR is claiming nothing else was hacked/lost, only the bitcoins, it pretty much screams inside job, if the missed payment mechanism is indeed manual.
Right.
Reddit is full of asshats. The last time it was the US government and the NSA. Given their current financial desperation, I'd bet they were the cause again.
I agree that Reddit is full of asshats.
The smaller subreddits can be useful for information though.
I don't partake in the comments, and I cannot link you to darknet forums since you'd need to be using Tor and I don't feel like trying to find my TAILS DVD and booting it in order to open them either.
Just FYI, with yesterday's bust of a SR competitior just days after going online, it's almost certain TOR is deeply compromised.
Sigh.
I had only within the last six months or so started to use TAILS and TOR and understand them.
Sounds like the NSAssats are emptying the till and sealing the exits.
I2P or FreeNet
So, you think the dollar was "hacked" if a bank was robbed? It's like saying gold is doomed because someone stole a gold bar from a shop. Stealing bitcoins from a Website and hacking the Bitcoin are two very different things.
Visualization of the European debt crises. It's about mainstreet.
https://www.google.com/search?q=riot+dog&source=lnms&tbm=isch&sa=X&ei=hF...
Link to the actual video? Layout is so bad on ZH that the ever-present window to the right cuts off portions of everything.
You need a bigger monitor
Fuck the European Union
I really loved the visuals on the video... and as a young & rather naive student, I found it pretty informative :)
But I somehow feel they subtly blame the citizens/culture while completely neglecting the problems caused by the monetary/banking system.
Re: they
Allot would depends on who made it and what social class "they" were in. Those of us living off the government and corporate monopolies have a vested interesting in keeping the "monetary/banking system" going.
The top 10 or 20% (or so) are really doing well with the existing system. We don't want change unless it ensures our cut of the loot.
But will Nuland and Pyatt deliver this video on a mammoth overhead in the main square of Kiev to let the people of Ukraine know why joining the EU is a bad idea for them?
Still can't believe Bloomberg allowed this!
did you watch the whole thing.......it plugs the EU being controlled fiscally by one gov...ie ECB
No unfortunately I did not. Kudos if it finished by admitting the truth on why the EU is on life support and will not make it out alive.
When I was on business in the Netherlands in 2000 when everyone was euphoric on the EU's future the Dutch were already "pissing and moaning" at the idea of Brussels being in there skirts for control. They hated it then as they obviously hate it now! Smart businessmen those Dutch.
They hate the Belgians, always have and with good reason!
yeah it tied up the end with technocrat control for it to survive......NO way it happens without a fight ...the germans hated bailing out the east germans when they merged and this is 100 times worse.......question is how long they levitate it and I have no idea
I'm actually shocked that the Germans haven't convened an emergency vote to throw Merkel & Co. out of office with "no confidence" and fire up the printing press for Deutsche Marks by now...
Then I remembered all those lovely U.S. military bases we see and (don't see) dotted throughout the landscape!
Financial "Crisis" in Greece
http://www.youtube.com/watch?v=Zvl9N9GdraQ
.
That Video is Just so Wrong/Right on so many levels, hurts to watch, but you do anyway. not sure wether to Laugh or Cry
it is "genius, genius, genius"!
i laugh.
Hahahaha! At first I thought that was a young Dan Aykroyd.
Shared systemic robbery. Just pull your money from the bank as an experiment. See how solvent they really claim to be. / sarc
Can't open the video even after a little effort. Let me know if any of you guys start getting charges for noodles and tiger penis on your credit cards.
Nigel Farage taught me everything you need to know about the EU.
It is anti-democratic, corporatist, statist, creeping bankster-fascism.
And that is all it is.
good video
A scenario-nightmare for the future of Europe
http://failedevolution.blogspot.gr/2013/04/a-scenario-nightmare-for-futu...
So the solution then is a World Governance and World Currency
We shall call this the New World Order.
...headquartered in Jerusalem on Rothschild Street.
At the heart of the Euro crisis is the huge US oligarchy scam of banksta cabal that they sold to all banks in the name of "free market competition" and "winner takes all" logic under the US PAx Americana gun. Its been shown to be a total scam, a Madoff type Ponzi organised by the US elite at the expense of the whole world.
The Euro was supposed to protect the Euro world from USD hegemony; especially for king commodity of oil imports.
This bank sector WMD scam has the whole world by the sort hairs. And the Euro governments caved in to their own banks who were totally sucked into the USD sink hole for their purchases of oil and commodities via swap deals. Mutti's dictat became every nation for itself, instead of joint and several. That is contrary to having common money, but not to german law.
Europe is one step behind the REALITY of Pax Americana dystopia.
Since then the Euro has become a millstone around the necks of people as this crisis under speculative fire pushes the labour non intensive economies of south into the greedy, selfish hands of Oligarchs from more labour intensive economies of the north; making the common currency a Maginot Line which cannot withstand the currency wars raging; as all growth is now evanescent.
Log onto Bank of International Settlements site. Type China in box. Query by date. EU is bleeding. Pax Africa. Sorry, not at my computer. I posted link some days back.
This video is a tool to broaden Global Financial oversight. Can I have some crayons to draw you a picture? It will end up by shoot first, ask questions later. Just my opinion.
As long as they Stay.Off.My.Lawn.
His name was francis_sawyer.
Every European works for the betterment of German banks. In a nutshell. Frankfurt is Wall Street with Kraut und Knödel.
and Apple Wine
I really do not see much differnce between the EU's problems and the USA.
Consider the States and cities run by democrats with their insane fiscal policies racing towards default expecting to be bailed out by the Fed, aka everyone elses taxes.
you got it.
the EU case unfolding in the public eye today is an allegory for the same choice facing US monetary and fiscal policy-makers:
preserve or break-up the Union.
Re: Consider the States and cities run by democrats
Know any "conservatives" that wanted to drowned these socialist scams Big-Ag, Big-MIC, Big-Road, Big-Water, Big-Airport, Big-Energy, Big-House, Big-Fin, Big-OldFart, Big-OldFartHealthcare, Big-AntiDrug, & Big-PoliceState in the bathtub?
Yeah, me either. Everybody loves the socialist scam they are living off of.
I lived in Cyprus for 3 years, thats almost same greeks - you wouldnt believe the shit I saw there - people are obliviously siesting, youth sitting all day in bars playing cards and drinking pinacollada's -
just mindless consuming - which had to end, wonder how are they doing now...
(lucky to be out with my money before shit hit the fan)
This video is a great explanation - until the end, when it switches to propaganda. The ONLY solution, they say, is a unified fiscal authority for all of Europe.
Hmmm. The USA has a unified fiscal authority but that has NOT stopped unlimited borrow and spending. So there is no reason to think a unified fiscal authority would fix Europe's problems either.
Another alternative would be Jubilee - debt forgiveness. The idiot banks/investors who lent unlimited money to Greece, Spain, Portugal, Ireland, etc should lose their money, just like an investor who lends to a poorly managed company. Declare national bankruptcy as needed and start over again.
Of course, this would cause the banks to collapse because they have been told by their government regulators that government bonds are the safest investment and have to keep a substantial portion of their balance sheet in bonds.
This house of cards is going to fall down.
Replace the Euro with gold as currency, and be done with it.
Here's the link, its on Bloomberg!
http://www.bloomberg.com/video/the-european-debt-crisis-visualized-iPA3~AbsSGG89LOGkkd~RA.html
Massive deficit spending? Borrowing money the country can never repay? USA and Greece seem to have a lot in common!