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"The End Game: 2012 And 2013 Will Usher In The End" - The Scariest Presentation Ever?

Tyler Durden's picture


If Raoul Pal was some doomsday spouting windbag, writing in all caps, arbitrarily pasting together disparate charts to create 200 page slideshows, it would be easy to ignore him. He isn't. The founder of Global Macro Investor "previously co-managed the GLG Global Macro Fund in London for GLG Partners, one of the largest hedge fund groups in the world. Raoul came to GLG from Goldman Sachs where he co-managed the hedge fund sales business in Equities and Equity Derivatives in Europe... Raoul Pal retired from managing client money in 2004 at the age of 36 and now lives on the Valencian coast of Spain, from where he writes." It is his writing we are concerned about, and specifically his latest presentation, which is, for lack of a better word, the most disturbing and scary forecast of the future of the world we have ever seen....

And we see a lot of those.

Consider this:

  • We are here...

  • We don’t know exactly what is to come, but we can all join the very few dots from where we are now, to the collapse of the first major bank…
  • With very limited room for government bailouts, we can very easily join the next dots from the first bank closure to the collapse of the whole European banking system, and then to the bankruptcy of the governments themselves.
  • There are almost no brakes in the system to stop this, and almost no one realises the seriousness of the situation.
  • The problem is not Government debt per se. The real problem is that the $70 trillion in G10 debt is the collateral for $700 trillion in derivatives…
  • Yes, that equates to 1200% of Global GDP and it rests on very, very weak foundations
  • From an EU crisis, we only have to join one dot for a UK crisis of equal magnitude.
  • And then do you think Japan and China would not be next?
  • And then do you think the US would survive unscathed?
  • That is the end of the fractional reserve banking system and of fiat money.
  • It is the big RESET.

It continues:

  • Bonds will be stuck at 1% in the US, Germany, UK and Japan (for this phase).
  • The whole bond market will be dead.
  • Short selling on bonds - banned
  • Short selling stocks – banned
  • CDS – banned
  • Short futures – banned
  • Put options – banned
  • All that is left is the Dollar and Gold

It only gets better. We use the term loosely:

  • We have around 6 months left of trading in Western markets to protect ourselves or make enough money to offset future losses.
  • Spend your time looking at the risks of custody, safekeeping, counterparty etc. Assume that no one and nothing is safe.
  • After that…we put on our tin helmets and hide until the new system emerges

And the punchline

From a timing perspective, I think 2012 and 2013 will usher in the end.




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Fri, 06/01/2012 - 04:14 | 2482753 Hobbleknee
Hobbleknee's picture

Of course because the government bought it all for Homefag Security.

Sat, 06/02/2012 - 15:12 | 2487090 lakecity55
lakecity55's picture

(no personal stock, just a customer):

plenty 0f 5.56

Going to the BIG local gun show today, will report back later.




Anyway, Gun Show Update:

There was plenty of ammo, all calibers.

Plenty of weapons, all calibers.

Plenty of MREs, survival gear,

AND, 2,000+ people.  It was a madhouse. People were walking out with armloads of stuff. I mean, it was frenetic, and I have seen 200+ shows in my time.

There were good deals on 9mm, 5.56 and 7.62X39 I saw a lot of off-duty cops loading up, and some retired military guys, 1 from my old outfit. Country folk, too, LOTS of them.

The NRA guy was having a field day, so was the voter registration group.

There was only 1 thought on peoples' minds I talked to: Get rid of The International Man of Mystery in November.  They are not ignorant of the banksters' scam!

Fri, 06/01/2012 - 00:07 | 2482500 ltsgt1
ltsgt1's picture

Gee, I don't know that I'm already in heaven.

Fri, 06/01/2012 - 00:13 | 2482508 Hugh Jorgan
Hugh Jorgan's picture

And so, a stupid public, who doesn't know what we know, will not run on banks until its too late.  If you don't have an AK-I'd say now is the time to get one-or 20, and a fuckload of ammo-cause your house, full of shit that the guy down the street can trade for food for his 9 kids is looking pretty good right about now-no matter who you are or where you live-and that is what we all have to look forward to-except for guys like Raoul, who can have their Jet Rangers pick them up on the back lawn, whisk them away to their Falcon 7x's and take them to parts where they are safe for a short while!

Fri, 06/01/2012 - 00:23 | 2482520 newengland
newengland's picture

Let the cowards flee. They are a burden not worth bearing.

Fri, 06/01/2012 - 00:25 | 2482523 vft2212
vft2212's picture

Well I never did expect to pay my $3MM mortgage or my kid's remaining student loans btut hen again neither did he.

Fri, 06/01/2012 - 00:27 | 2482526 TNTARG
TNTARG's picture

Yeah, right. If people keeps being so misinformed or even without having a clue about what's going on, that can be the scenario specially around high developed countries. But there are other worlds our there, as some of the comments suggest.

Where I live, we never made a transaction on "derivatives". The main bank is controlled by the State (a Province) and whenever you need a loan, an account bank's officer seats with you to analize your budget, your incomes, the perspectives and it's you and the bank to decide if you have to take the loan or it's better not to, all related to REAL ASSETS and activities.

Most of the people has debts that are between 10 and 20% of their capital and the ammount of your income the bank can take is 30% (monthly).

They can't take your house, no matter what.

I mean, the World doesn't end with Goldman Sachs and JP Morgan and the finantial band of pirates that deserve jail. Eurozone countries may, at some point, realize that they can default and send the bankster to hell. Let's them eat their derivatives.



Fri, 06/01/2012 - 04:26 | 2482764 Hobbleknee
Hobbleknee's picture

You're right, but the world will end when the supply chain breaks down.  How long can your community survive without food or oil to deliver the food?

Fri, 06/01/2012 - 06:48 | 2482894 TNTARG
TNTARG's picture

We do have plenty of food, oil and a couple of alternative energy's systems.

Fri, 06/01/2012 - 00:28 | 2482527 dwdollar
dwdollar's picture

I think it's time to have another Mad Max marathon.

Fri, 06/01/2012 - 00:32 | 2482534 monad
monad's picture

How to make a quality Aluminum Foil Deflector Beanie

Fri, 06/01/2012 - 00:51 | 2482569 dwdollar
dwdollar's picture

Nice... does that thing repel you from history books?

Fri, 06/01/2012 - 03:11 | 2482703 bunnyswanson
bunnyswanson's picture

“I believe that we should maintain the principles of Social Security, but I think the existing structure is not working. Until we construct a system that creates the savings that are required to build the REAL assets, so that the retirees have REAL goods and services. We don’t have a system that is working. We have one that basically moves cash around and we can guarantee cash benefits as far out and whatever size you like, but we cannot guarantee their purchasing power. Do we have the material goods and services that people will need to consume, not whether or not we pass some hurdle with respect to how legal financing occurs. Financing is a secondary issue and it is a means to create the REAL wealth, not an end into itself.” -Alan Greenspan 2005


“The last duty of a central banker is to tell the public the truth.” Alan Blinder, Vice Chairman of the Federal Reserve

Fri, 06/01/2012 - 00:39 | 2482547 Johnk
Johnk's picture

If this story were on the cover of BusinessWeek, that would be bullish.

Fri, 06/01/2012 - 00:48 | 2482549 headless blogger
headless blogger's picture

From what you can tell by his history, Raoul Pal is part of the  inner circle of Elite Globalists (London and Goldman Sachs links show that). He is writing to scare everyone, but also as a warning. The Crisis is manufactured but they don't want Everyone unprepared, as they will need some people able and ready when the "restart" it all. This didn't have to happen, but it looks like they are going to take it all the way down....clean out "useless eaters" while they're at it.

He wrote it was all going to end in "two weeks" a couple years ago. The whole "collapse" thing is a meme instigated by the elites. But they are losing control of it.

David Rockefeller is so scared of the masses. He should be. They all should be. We know who they are. Anyone caught trolling or doing the Elite bidding will also be put on the people's "watch list".

Sat, 06/02/2012 - 09:45 | 2487089 Waterfallsparkles
Waterfallsparkles's picture

The people that they have to be afraid of are the People on Welfare.  They have not prepared for anything and most do not have any self survival skills.

Anyone remember the Riots after the Rodney King event?  They Burned, Looted and ran in uncontrollable Mobs.

Or, even Katrina.  The group of people just stood their waiting for someone to bring them food and water and then got very angry that it was not instantaneous.

Fri, 06/01/2012 - 00:49 | 2482568 theTribster
theTribster's picture

Bought a couple Krugerrands late this afternoon, have an order in for some Silver I expect to get tonight. Stacking is metals is a very good idea - especially now that there is a sale in place. While this may not be the bottom it should be pretty close unless the PMs stay coupled to the Euro for much longer - I don't think so, the weakness of the dollar will be made apparent again with another QE or JPM implosion or MF Global type collapse or major city bankruptcy, or, or, or.

One thing is true, it does look like the USA may be the last standing after all the fallout occurs and ripples through the global economies. This is incredible to watch (and trade) as every other country seems to have caught up and passed us in terms of destroying themselves. The six month timeframe for the markets being viable is only if they can actually hold back the tusnami of financial terror heading our way - at some point they lose control and the markets take over - I want to be out before then because things will start to get crazy - in a subtle way :)

I'm still surprised that the Troika gang hasn't yet done anything at all to try and subdue the concerns, instead they seem to be very willing to let things run out of control, at least for now. It doesn't seem like Spain will wait another 2.5 weeks before some type of serious intervention is called for, band aids won't get it done. They must have a Plan B if this gets ahead of them, probably includes a gubmint postponing elections until "after the crises". This would give Obama the ability to use all those cool new executive orders he signed as well as some of the neat bills signed into law or old ones freshened up (like the espionage bill). 

The other side of the derivatives is probably Goldman Sachs as it relates to sovereign debt. Goldman owns the world via sovereign debt and JPMorgan owns everything in it via commodities. Their just making sure all the good stuff is in America's hands or under our control, they promised they'd share it with us when the time is right :)

What he doesn't mention is War being the most likely outcome of this bullshit fiasco, it always is. Massive debt that can't be paid back tends to create wars, in this case we'll have global wars because the Governments won't be able to control their countries and populations otherwise - its pretty standard result and that's why we are preparing on several fronts including Asia and Africa (well, and the US and the Middle East and Eastern Europe).

Au and Ag will survive regardless of the destruction and devestation and in a reset I suspect they will play an important role.

Fri, 06/01/2012 - 00:58 | 2482580 goforgin
goforgin's picture

B for big BULLSHIT.  Somebody's world maybe ending, but not mine.......

Fri, 06/01/2012 - 01:17 | 2482607 JOYFUL
JOYFUL's picture

and so they feasted and reveled, long into the night, secure in their pretensions....and come morning, Pompeii was no more.

Fri, 06/01/2012 - 01:01 | 2482582 JOYFUL
JOYFUL's picture

...This didn't have to happen, but it looks like they are going to take it all the way down...

yu r correct...but there is no prize...

Imagine if yu got all of the things right - the guns, ammo, grub, hidey holes, pm's, the entire survival plan fine tuned down to the nth degree-

but staged yur survival play in the wrong place.

Folks gotta wake up - quick. The whole of Euro-merika is a planned demolition zone\ kabbalists who don't like yur haplogroups made plans long time gone for what's almost here. JRR's opus was not a work of fiction - the fiction is what yu are living now...including all these storylines about Greece, Spain, Germany n the rest...yur bein stripped of all power to resist the impostion of hell on earth, for the Europoid races. Numenor is gone...and the rest is falling. Rockefellers were Saruman...only one enemy left to fight now. 

Yes it was avoidable - and still is - somewhere outside of the prison zone. I hope yu make it out in time.

Fri, 06/01/2012 - 03:40 | 2482728 AnAnonymous
AnAnonymous's picture

If hell on Earth, US citizens have imposed it. Nobody else.

Fri, 06/01/2012 - 01:07 | 2482591 Johnk
Johnk's picture

As a skeptic, I tend to be bearish, and know that the bears always have the better arguments.  That said, the world only ends once, and you should also hedge that it might not end in our lifetimes.

I remember Bob Prechter saying years ago that Dow 2700 was the Absolute Mega-Uber Super-Duper EW 200-year Wave 5 of 5^5 Cycle-Top, and then it was Dow 3600, this time for real, seriously, build a bomb shelter, and then I don't know what he said after that, because I stopped paying attention.

We certainly have the worst fiscal, monetary, leverage, debt, & leadership disaster probably ever, but also this is the first time in recorded history that no major nation's currency is backed by gold, silver or even shells or large stones. 

Defaults?  Sure, but why wouldn't the gov't use the time-tested and true default via devaluation?  700 gazillion in derivatives?  Just declare CDS to be the illegal unregulated insurance contracts/bets that they are.  Banks go under?  OK, Nationalize them and wipe out the bond holders and shareholders like we should've done in 2008.  Then do an IPO back to the private sector, once you print enough to make FDIC depositors whole.  Close BofA Friday night and reopen as US Bank or something the following Monday.   We do it all the time.  Make banks utilities.

I've seen this Raoul Pal type of writing for 50 years off and on.  He is not wrong on his facts, and makes some important points.  Someday the world will end, but it'll be an asteroid or virus that'll do it, not Spanish banks.


Fri, 06/01/2012 - 01:17 | 2482606 jarrollin
jarrollin's picture

There already is a bank called US Bank

Fri, 06/01/2012 - 06:44 | 2482887 Non Passaran
Non Passaran's picture

I agree, show must go on.
We underestimated the ability of the elites to nonchalantly violate written and unwritten laws (who knows what else they're willing to do).
Keep stacking...

Fri, 06/01/2012 - 07:15 | 2482958 twotraps
twotraps's picture

agree, well said.  Any steps you would take in the interim just as far as not getting swept up in any bullshit along the way?  I agree with your thinking but still struggle with ways to defend....other than metals.  

Fri, 06/01/2012 - 19:08 | 2486300 lakecity55
lakecity55's picture

OK, Nationalize them and wipe out the bond holders and shareholders like we should've done in 2008.

Yay! World Communism with the "smartest guy in any room," Blowjob O'Bama, UN Dicktaster!


Fri, 06/01/2012 - 01:12 | 2482598 Milton Waddams
Milton Waddams's picture

Not that I'm disagreeing with the guy, but pointing out a confluence of head and shoulder patterns on a bunch of charts is pretty flimsy evidence toward concluding the-end-world-as-we-know-it is imminent.


If you want to see a juicy and immediately actionable H&S, check out HYG relative to LQD.


EDIT:  Tits

Fri, 06/01/2012 - 01:19 | 2482611 slackrabbit
slackrabbit's picture

Bad for them yes, Bad for me...not so much!


Keep on stacking....grits, gold, guns and a getway plan

Fri, 06/01/2012 - 01:22 | 2482613 Flying Tiger Comics
Flying Tiger Comics's picture
July 4, 1776 - "Nothing of importance happened today" noted King George III in his diary.
Fri, 06/01/2012 - 03:37 | 2482727 AnAnonymous
AnAnonymous's picture

Dont forget to mention that the King was texted on his pager because else, others than US citizens would not understand why this fable should be considered special, given the distance and the information technology available in that period.

Fri, 06/01/2012 - 01:25 | 2482619 Born-Again Bankster
Born-Again Bankster's picture

Bullshit.  Even if there is a "reset", it will be done by TPTB and the sheeple will listen to how they're supposed to  re-align their chess pieces after it occurs.  You guys just don't get it.  Vote for a 40% tax on gold sales or we take away your food stamps.   What do you think that "democratic" process would yield.  Move to an island with lots of fertile soil and ammo...that's about the only way to survive the reset.

Fri, 06/01/2012 - 01:50 | 2482639 Joseph Jones
Joseph Jones's picture

Other than this news, things are going well, I hope? 

Fri, 06/01/2012 - 23:17 | 2482645 CvlDobd
CvlDobd's picture

I had a conversation with a friend yesterday and he told me "Taxes are the price we pay to be free."

It's too late. We're fucked. People now equate paying taxes with being free. I am starting to question my sanity! Can this many people around me be right and I be the idiot?

Fri, 06/01/2012 - 02:21 | 2482667 Monk
Monk's picture

It will likely not be a reset but an end, but it will not happen in the short term. And if there are six months of trading left, then there's nothing to protect.


Fri, 06/01/2012 - 02:26 | 2482674 resurger
resurger's picture

"We don’t know exactly what is to come, but we can all join the very few dots from where we are now, to the collapse of the first major bank…"


Fri, 06/01/2012 - 02:43 | 2482685 putbuyer
putbuyer's picture

Will call options on inverse ETFs be banned? VIX futures I guess....

Fri, 06/01/2012 - 03:07 | 2482700 Floodmaster
Floodmaster's picture

How can you do austerity when Europe is populated by pensioners, public worker? and  young adults without jobs  ???  The only solution is to print euro on a massive scale, trillions ! German people wil get pay rise and the other will be poorer.

Sat, 06/02/2012 - 02:25 | 2486863 the tower
the tower's picture

This is exactly what is happening, German wages go up (they have lowered wages during the past decade), southern european/irish wages go down (they raised them during past decade).

So, Germans buy more (they really need to) and the rest becomes more competitive.

Fri, 06/01/2012 - 03:05 | 2482702 diwolf
diwolf's picture

All you do is making people anxious and thinking the only solution is to subscribe to your newsletter to be prepared.

These kind of doomsayers, I could laugh about.

Fri, 06/01/2012 - 19:03 | 2486290 lakecity55
lakecity55's picture

Up Arrow. All you can do is make prudent preparations; it's going to be some seemingly goofy event nobody sees that will blow it up.

Fri, 06/01/2012 - 03:20 | 2482714 Floodmaster
Floodmaster's picture

Can someone explain me why the median home price in Spain is 300,000 usd when they are 1.5 million empty properties and an unemployment rate of 24% ??? 

Fri, 06/01/2012 - 03:27 | 2482719 Hobbleknee
Hobbleknee's picture

No doubt because of government intervention.  Also, median != average.

Fri, 06/01/2012 - 04:14 | 2482758 falak pema
falak pema's picture

it builds in the future value of fiat money; Euro or USD. Bricks and mortars or fiat money, take your pick. 

Fri, 06/01/2012 - 04:19 | 2482761 gold-is-not-dead
gold-is-not-dead's picture

If they lower the real estate prices it would mean that the bubble is over.

Sat, 06/02/2012 - 02:22 | 2486862 the tower
the tower's picture

Because those were the prices before the crash. The banks own the properties now, and can't sell because it would cause a total collapse of property prices.

Sat, 06/02/2012 - 02:26 | 2486864 Cast Iron Skillet
Cast Iron Skillet's picture


Fri, 06/01/2012 - 03:26 | 2482717 Hobbleknee
Hobbleknee's picture

Very bold that they put a date on the event.  Most say "it could be tomorrow, or in 10 years.  Nobody knows."  But these guys said it- less than 2 years.

Fri, 06/01/2012 - 03:35 | 2482724 AnAnonymous
AnAnonymous's picture

US citizens are specialists for reset, that is handling goods while knowing they are stolen goods.

Apart from that, a reset is a misleading term.

US citizens can not reset the environment, which is now the main if not the only reason their various Ponzies cant go on.

Resetting the banking system (for whatever it means) wont change this point one bit, no resources will suddenly be restored through US citizen human system manipulation.

Fri, 06/01/2012 - 03:58 | 2482736 obelisks
obelisks's picture

sorry if this question sounds dumb but i am not familiar with elaborate derivatives.

When he says

  " The real problem is that the $70 trillion in G10 debt is the collateral for $700 trillion in derivatives… That equates to 1200% of Global GDP and it rests on very, very weak foundations ".

This threat from derivatives has been mentioned a few times since  the beginning of the Financial Crisis in 2008 but don't these derivatives have expiry dates ? I mean how can they continue to be a threat indefinately since 2008 and when will they expire?

And surely after  the AIG debacle and the ongoing European debacle no one would be stupid enough
to still be writing new derivatives of this magnitude today ?

Fri, 06/01/2012 - 04:09 | 2482741 latentdissident
latentdissident's picture

Maybe this guy is so depressed from looking at the value of his house at the Valencian coast.

Fri, 06/01/2012 - 04:03 | 2482743 Flying Tiger Comics
Flying Tiger Comics's picture

Weird how tens of thousands of drones are being deployed all over the western world right now, eh?

Fri, 06/01/2012 - 05:09 | 2482797 jabu
jabu's picture

Yeah, just frickin WEIRD!  Do you believe there will be an election?  I don't.  Do you believe we'll have the internet in 6 months?

Fri, 06/01/2012 - 19:00 | 2486281 lakecity55
lakecity55's picture

Yes, but there will be only 1 website: BarryX-dot-com.

Fri, 06/01/2012 - 18:59 | 2486274 lakecity55
lakecity55's picture

And in the US, too. Fact is, Barry X LOVES his drones. He never misses a Kill Mission.

I bet he can't wait until squadrons are flying over America and he kills at pleasure with Hellfire missiles.

"Hey, that's the _______ State Libertarian Chairman, Boss!"

"Not anymore, Joe. Watch what happens when I push this button!"

Fri, 06/01/2012 - 05:32 | 2482750 falak pema
falak pema's picture

HA, at last a money manager erudite says what I have been saying here on ZH : 

...The problem is not Government debt per se. The real problem is that the $70 trillion in G10 debt is the collateral for $700 trillion in derivatives…

And what it implies for global capitalism as constructed under Pax AMericana. 

It is reassuring to see that at least one voice from the financial world has the same sense of perspective and heirarchy of PRIORITIES in the financial and economic construct of Pax Americana world, as an observer from the non financial world that I be.

I have learned a lot on ZH forum about the day to day truths of the financial world and its implications since 2008 crisis, which is the mother of all crises, and which is NOT over, if anything four times more virulent under the OTC carpet than before.

I'm glad the TD's of this world are now  presenting a sense of perspective of global finance that is a runaway train going straight into the wall. Jubilee being a non do-able thing, as it means the Oligarchs would have to dish out their 25 T + fiat wealth stacked in tax havens, growing by the day in "funny money" logic, something they will NEVER do, we will have only ONE solution to current problem : a huge train wreck of banks and governments of first world. What happens afterwards is anybody's guess! 

Fri, 06/01/2012 - 04:14 | 2482754 gold-is-not-dead
gold-is-not-dead's picture

Such a barbarous text Tyler.

Fri, 06/01/2012 - 04:14 | 2482756 debtor of last ...
debtor of last resort's picture

Well, there will always be humor, that's for sure! A worrying article, but still laughing my socks off here...

Fri, 06/01/2012 - 04:38 | 2482771 Hobbleknee
Hobbleknee's picture

This type of doomsday report ignores the other, traditional scenario where the governments of the world declare war on everything and kill off half the population.  The alternative to monetary inflation is population deflation.

Fri, 06/01/2012 - 05:08 | 2482793 Monedas
Monedas's picture

What do you expect from a world full of blank domino Socialists....greatness ?  exceptionalism ?           Of course we're going to happens every 40 or 50 years !      I'm amazed at all the neo-trash Euro-Suck Socialists on this blog !     Monedas   1929   Comedy Jihad Governor Jerry "Moonbeam" Brown Lowest Common Denominator Blank Domino

Fri, 06/01/2012 - 05:50 | 2482815 falak pema
falak pema's picture

You sound like Rumsfeld : I saved the world and now you've gone and spoilt it! 

A man who writes his memoirs to make shit look like shine hole!

Charlie Rose - Donald Rumsfeld

Comedy Jihad indeed! 

Fri, 06/01/2012 - 05:13 | 2482796 Element
Element's picture

The only thing conspicuously missing from the presentation is a proviso, like the following text (which should really have been included after each section and chart);


" ... and that's the picture that jumps out at you from using just the normal hopelessly-dodgy, rigged and warped 'official sources' of economic and financial statistical reporting.  The truth is of course considerably more horrifying than this. ..."

Fri, 06/01/2012 - 05:11 | 2482798 Bastiat009
Bastiat009's picture

"All that is left is the Dollar and Gold"

Last year, I read many pieces about the end of the US$. Now I am reading stories about the end of the euro. What will it be in 6 months? The end of the world? 

Fri, 06/01/2012 - 05:24 | 2482806 spinone
spinone's picture

He made the same call two years ago, and was wrong, dont sweat it my little chicken littles.  Buy the dip, theis is Ben's market now, and Ben's market don't go down.

Fri, 06/01/2012 - 06:04 | 2482836 Element
Element's picture

No, what he was talking about there and then was an equities crash.

What he is talking about now is the end of Banking, currencies, and the possible complete failure of the entire stock market system and its closure (i.e. investment capital flows and financing for industrial production completely stopping, and all jobs disappearing) as we know it - globally.

This is hardly saying the same thing.

He even says at the end:

" ... I wish I could see another outcome with an equally high probability, but I can't…… All we can do is hope that I am wrong, but either way, a new system will emerge and it will open up a whole new set of opportunities ……but we will be going back 40 years in time ……and 1500 years ........ and 3000 years ……... "


That's a bit different to predicting an equities crash next Thursday-week or so, right?

That old article you linked was kinda weak on data, but this current presentation isn't.

Jus sayin

Fri, 06/01/2012 - 07:08 | 2482942 obelisks
obelisks's picture

just because it wasnt on time doesnt mean it isnt coming ??

Fri, 06/01/2012 - 11:37 | 2484365 tu-ne-cede-malis
tu-ne-cede-malis's picture

Would love to see TD post a comparison of that presentation compared to Pal's most recent one...

Fri, 06/01/2012 - 05:35 | 2482816 MFL8240
MFL8240's picture

Look to the US congress, this president, Bernanke, Greenspan, Rubin, Dimon, Geitner, Summers, Paulson, Blankfien, and the rest of the Jewish crime ring to exit America and leave us holding our balls. They will be off to destroy yet another country with their fucking arrogance and greed.

Fri, 06/01/2012 - 05:39 | 2482817 blueridgeviews
blueridgeviews's picture

Bernanke has showed us that he can print as much money as needed and kept"off balance sheet".  He has also showed that he can manipulate every market and the participants will all follow. No need to worry folks. Tongue in cheek.

Fri, 06/01/2012 - 05:45 | 2482825 Sent by the hand
Sent by the hand's picture

      "War is therefore the balancing of the system by killing the true creditors (the public which we have taught to exchange true value for inflated currency) and falling back on whatever is left of the resources of nature and regeneration of those resources".


Behold a Pale Horse Chapter 1:  Silent weapons for quiet wars.

William Cooper


Emerge the world economy into one interconnected fuck show, crash world economy and sow disorder and chaos and kill off the useless eaters at the same time, step on in and provide an escape from the crisis in step 1 and 2.

This is the time honord hegel power play that seems to get us every time.


To some extent this folks exist off of fear so just be happy and smile while you polish your guns and stock food.

Fri, 06/01/2012 - 05:56 | 2482833 ZombieDawg
ZombieDawg's picture

Meh...protected Scribd files again..
Can't edit, can't save, can't download, can't print, can't convert...
UNLESS, you're persistent and smart ! LOL..
Here it is people :

Fri, 06/01/2012 - 06:14 | 2482848 Element
Element's picture

Thank you.

Fri, 06/01/2012 - 06:10 | 2482834 NuYawkFrankie
NuYawkFrankie's picture

Scarey stuff - but before going  native and investing in a new Rambo outfit (flesh-colored spandex gut-holder on the original '80s vintage one has started to fray)  I'm just gonna check that the author is not the same Raoul Pal that runs the gay hairdressers down the block..

Fri, 06/01/2012 - 06:11 | 2482842 Elio Costa
Elio Costa's picture

i think this guy needs to get laid and see things in a better perspective

Fri, 06/01/2012 - 06:35 | 2482876 Zero Govt
Zero Govt's picture

or go see a Doctor and get some valium down his throat

Fri, 06/01/2012 - 06:40 | 2482865 Zero Govt
Zero Govt's picture

Derivatives are alot like climate change, it's only a danger if you believe in the shit

Raoul Pal would know they are only paper contracts as he wrote them for Goldman Sachs in European equity derivatives. He' d know like my car insurance policy or a bet with the bookies I could ring up the counter-party tomorrow and negotiate cancellation of these paper risks (worthless games?)

...wouldn't he????

"I think 2012 and 2013 will usher in the end."

The eco-loons said the Earth would be frying about now too

The finance industry seems rammed with what used to be the local village idiot trudging down the high street with the sign "The End of the World is Nigh" 

you can catch the hysterics 17 times a day at the Sinclair-KWN-Turd Ferguson network. It's a huge relief when you cut these fear-raking shills out of your daily diet

Don't listen to hysterical people, there really is too many of them about in the finance/Gold-bug arena now, it's like an industry is being built on it

Fri, 06/01/2012 - 08:08 | 2483087 GoingLoonie
GoingLoonie's picture

Be careful whom you call a loon!  I gotta protect my name here......

Fri, 06/01/2012 - 08:19 | 2483122 GoingLoonie
GoingLoonie's picture

Be careful whom you call a loon!  I gotta protect my name here......

Sat, 06/02/2012 - 11:33 | 2487197 css1971
css1971's picture


Collapse of society takes decades, not hours or days.

Take a look at Detroit. There will be no great reset, no collapse of government, the electricity and water will remain on. There will simply be a relentless grind lower and lower in standards of living. Rooms will be closed, then buildings then neighbourhoods, entropy will win a little bit at a time.

Think apathy and neglect. Not death and revolution.

Fri, 06/01/2012 - 06:34 | 2482875 Seorse Gorog fr...
Seorse Gorog from that Quantum Entanglement Fund. alright_.-'s picture

Beuatiful, beuatiful Chaos.

Fri, 06/01/2012 - 06:53 | 2482911 Go Tribe
Go Tribe's picture

So this is what the Four Horsemen look like. Always wondered about that.

Fri, 06/01/2012 - 07:11 | 2482948 ebear
ebear's picture

OMG!!!!  It's... it's.... the END OF HISTORY!!1!11!!


Fri, 06/01/2012 - 07:12 | 2482952 BluePill
BluePill's picture

I have been dreaming for so long to ride on Iranian chick golshifeth farahani, she is currently living in paris , i wish i could have her for couple of days , i dont give a damn where this economy goes



Fri, 06/01/2012 - 08:48 | 2483337 Pampalona
Pampalona's picture

She's a 2 at best, Freida Pinto far prettier....

Fri, 06/01/2012 - 18:29 | 2486208 kurt
kurt's picture

Forget them, check out Chelydra Serpentina!

Fri, 06/01/2012 - 21:09 | 2486534 jwoop66
jwoop66's picture

Nice ass!

Fri, 06/01/2012 - 07:35 | 2483009 logicalman
logicalman's picture

Here's a thought that is TRULY SCARY.

There are 436 nuclear power plants on earth.

If society completely melts down, so will they - who's going to keep 'em safe and running, or close 'em down?

436 Fukushima's!

Won't need reading lamps, everything will glow in the dark.

Hard to be an optimist these days.

Fri, 06/01/2012 - 18:57 | 2486270 duckarooni
duckarooni's picture

As we all know, it takes highly qualified scientists and technicians to run a nuclear power station, so my question is, who is responsible for maintenance of the sun? Is anyone honestly saying that a huge nuclear reactor like the sun doesn't require, at least minimally, annual maintenance?

Fri, 06/01/2012 - 22:27 | 2486652 Yes_Questions
Yes_Questions's picture



Check here for the updates:

Sat, 06/02/2012 - 04:33 | 2486954 logicalman
logicalman's picture

It is obvious you are a science major and very knowledgable in nuclear physics.

Any suggestions for who might be performing this maintenance?

Fri, 06/01/2012 - 22:15 | 2486640 Westcoastliberal
Westcoastliberal's picture

Many of us have considered this.  It's not just a societal breakdown, we're also concerned with an EMP or CME.  Either could knock out electric power over a wide area for months or years.  In the meantime, meltdown since all these reactors require electricity to run pumps.  We don't know if the gennies would still work.

Fri, 06/01/2012 - 07:48 | 2483039 supafuckinmingster
supafuckinmingster's picture

Priced in.

Fri, 06/01/2012 - 08:31 | 2483179 Pumpkin
Pumpkin's picture

They haven't printed the money value to zero yet.  We have plenty of time to be miserable.

Sat, 06/02/2012 - 01:18 | 2486815 deflator
deflator's picture

 They may not have printed the money value to zero but they sure as hell have laid claim to more future resources than the future can possibly provide. Once enough people catch on to the fact that there is way more debt than future resources,  then "money" which is in reality debt, loses all meaning. 

Fri, 06/01/2012 - 09:01 | 2483422 Occams Aftershave
Occams Aftershave's picture

i'm as bearish as Smokey, but the when the article predicts "shorting futures banned", it reveals a bit of ignorance on the nature of futures contracts.  There have to be two parties, or there is no contract.  Someone has to be short or there can't be a long.

Fri, 06/01/2012 - 11:18 | 2484266 simpleminds
simpleminds's picture

You are absolutely correct.  Just because this guy use to run some fund does not enable him with some magical power to know how this mess will actually play out - especially when he does not know the actual workings of a particular market.

Fri, 06/01/2012 - 09:03 | 2483434 Mr_Wonderful
Mr_Wonderful's picture

How do you download this ?

Fri, 06/01/2012 - 11:15 | 2484245 simpleminds
simpleminds's picture

Banks and countries have gone bankrupt many times in history.  The world is still here.  Companies will keep producing goods.  New banks will form.  Governments will reformulate themselves and their obligations.  Sure there may be some suffering for a few years, but this clearing of the debt and derivatives will set the stage for the next round growth that will last decades.  These fear mongers act as though people and societies will just give up and stop trying to grow or profit after this VERY NEEDED finanacial meltdown.

Fri, 06/01/2012 - 17:56 | 2486133 Conman
Conman's picture

Well difference is the world has never seen so much debt before.

*shrug* who knows, i never thought id see a black president.

Sat, 06/02/2012 - 00:16 | 2486769 Hulk
Hulk's picture

you need to re read the part where farmers cannot obtain financing...

Sat, 06/02/2012 - 01:45 | 2486836 the tower
the tower's picture

In the "hunger winter" the Dutch ate tulip bulbs and bin scrappings. The country was destroyed, and I mean destroyed, after a 4 year war. You cannot sink any lower.


We will be nowhere near that kind of situation. MacDonald's might not serve intermittently. That is about it.

Fri, 06/01/2012 - 13:32 | 2484911 surfersd
surfersd's picture

Who is the we that have flooded us with oil?


Fri, 06/01/2012 - 18:25 | 2486201 john146
john146's picture


Fri, 06/01/2012 - 19:55 | 2486422 zerotohero
zerotohero's picture

As I've said before......FUCK THIS SHIT ITS FRIDAY.

Fri, 06/01/2012 - 21:05 | 2486528 Westcoastliberal
Westcoastliberal's picture

Yes and it may be a totally different world on Monday.  Standby for something big around 9:18 PM PDT Sunday night.

Fri, 06/01/2012 - 20:09 | 2486440 Johnk
Fri, 06/01/2012 - 20:13 | 2486447 Wood
Wood's picture

Why is there a pic of a latte in this article?

Fri, 06/01/2012 - 22:03 | 2486627 groundedkiwi
groundedkiwi's picture

its the eye of the storm

Fri, 06/01/2012 - 20:25 | 2486463 JR
JR's picture

The core of the world ‘s political crisis is economic, brought on by a cartel that has 100% control of the currency. They set an arbitrary rate for it, they force companies out of business with it, they give it to their friends to found new companies, they create international global behemoths with it, they use it to transfer to themselves the wealth of the  productive and the savers and the self-sufficient middle classes, they wage wars anywhere they want with it for as long as they want, they buy politicians and governments with it…

They effect globalization with it that forces the producers of wealth to compete with slave-labor wages all over the world… They use the stock market to reward companies who move their factory or offices offshore with it while forcing higher taxes from disenfranchised U.S. taxpayers to pay for bailouts and more red tape at home…

All in secret…

And the reasons they can do all these things? They control the currency.

Now, according to Michael Snyder of the Economic Collapse website, only 65% of all working age males are employed in the United States, driven into despondency and government dependency as their families crumble.

Said Ron Paul this year:  “The Fed has been around for 99 years…, and 99%, 98% of the dollar value is gone from the 1913 dollar.”

And, says Paul, during the 40-year experiment with pure fiat money that started in 1971, all the Fed is doing is building a bigger and bigger bubble… the Federal Reserve is given responsibility to protect the value of the dollar, that’s what stable prices are all about. But we don’t even have a definition of a dollar.”

 “Money is stored labor. Labor is part of life. To control money is to control life… When the state declares the exclusive right of the issuance of money, freedom is impossible.” – Hugh A. Thomas.

To “usher in the end” of the fractional reserve banking system and of fiat money is to usher in the restoration of American freedom and independence.

Fri, 06/01/2012 - 20:57 | 2486516 cherry picker
cherry picker's picture

Well folks, I don't want to start a war and don't feel like shooting anyone for trying to survive and seeing that the government wants to do these things and pay far too much to very few for services rendered and high pensions, I think we should start a tax free black market, earn income without big brother knowing how much we make and take our chances.

Fri, 06/01/2012 - 20:57 | 2486518 dolph9
dolph9's picture

I disagree that the end is now.  There's still alot of fat to be burned.  The herd will be culled.

The end is sometime around 2020, give or take.  That'll be the point of no return.  By that point enough boomers will be fertilizer that they won't be able to maintain control.

Fri, 06/01/2012 - 21:45 | 2486596 Cabreado
Cabreado's picture


I do understand that there is some level of comfort in settling on a neatly wrapped package labeled "Boomers" to ease your frustration.

So that you'll be more prepared for, and less disappointed in, the future... I encourage you to spend less time complaining about "Boomers" and more time considering human nature (and all that that entails) -- it hasn't changed in a long time, and is not scheduled to.


Fri, 06/01/2012 - 21:22 | 2486548 Monkeyfister
Monkeyfister's picture

One more sign of the End Times in this context: Apple is about to try to catch the Facebook Falling Knife:

"After Years Of Flirting, Facebook And Apple Set To Achieve Relationship Status In iOS 6"

Rule number one: Never, EVER try to catch a falling knife.

YO! Apple Dudes-- Let that shit-covered knife fall to the ground-- NOTHING good will come from catching it.

Sat, 06/02/2012 - 11:41 | 2487207 css1971
css1971's picture

The Next Big Thing?


Wow that's fail in action. Clearly we've seen Peak Apple.

Fri, 06/01/2012 - 22:01 | 2486621 gwar5
gwar5's picture

The doomsday scenarios seem to be accelerating rapidly, at internet speed. Not a good sign. (It also means that it is time to make a well deserved annual conribution to ZH while paper money is still useful on the 3rd planet from the Sun.)


I hope my ZH brother and sisters are prepared. You never know which blameless little snowflake is the one that is going to set off the avalanche headed our way. People will hear "6 months to doomsday" in articles like this one -- which I have no reason to doubt -- but the rational person will then decide to take action right now. Quickly it is off to the races.

Government know all about these tipping points and that is why they invented bank holidays. And we know that they know -- so Git 'er done!

Fri, 06/01/2012 - 22:30 | 2486657 Westcoastliberal
Westcoastliberal's picture

I appreciate your sincerity and please have a look at the link I posted just previous.  I'm not a tin-foil hatter but we need all the heads-up we can get right now.

Fri, 06/01/2012 - 22:43 | 2486668 narapoiddyslexia
narapoiddyslexia's picture

Don't see any link...

Fri, 06/01/2012 - 23:04 | 2486685 Westcoastliberal
Westcoastliberal's picture

This is the link:

And to the person who gave the thumbs down, did you even BOTHER to read the data at the link?  I'll bet not.

Here's the thing: This info is highly valuable.  Clif High predicted the Costa Concordia running aground.  Predicted Fukushima, predicted 911.  Every time he's had a hit it's made predicting things from the data more and more clear.  I suggest you check it out and there is zero monetary motivation in either my directing you there or in Mr. High presenting the info.

If you don't read it, then I wish you luck in what's about to come.

Sat, 06/02/2012 - 08:24 | 2487028 Element
Element's picture

No, I wasn't the one who junked you, but out of curiosity, I did briefly read some of that site.

The following is a direct quote from just one page at that site (my emphasis):


"... My opinion is that Ben Fulford is lying. And is he lying not only about the 'mass arrests', but also is clearly fishing in the river of denial about Fukushima. His lies about the financial oppression by the banksters are disinformation that causes emotional turmoil as listeners who do not use discrimination of mind are first taken to the heights of hope, only to crash to deep dispair as reality intrudes on Ben's fantasy. ..."

Now I have never seen or read this Fulford guy, but have recently heard of him, but then, in an update, further down on the same page, in response to criticisms of his comments against the poor chap, he curiously writes;

"... i did not, as many on the net have claimed, call ben fulford a 'liar'. What i criticized (re read above), was his behavior, not the man. Likely this will not be understood, but i like the personality that ben fulford presents to the world. Also, in many regards he is braver than i, and for that, i give him proper respect as a human and a man. So no, i did not call ben a liar. Let us be clear on that. My comment on his mental acuity goes to his focus on all things financial to such an extent, in my opinion, that it is an obstacle to clear thinking in other areas. ... "


This took me about 5-minutes scanning a few links to spot that.  

Presumably you read the site for much longer than that?  Did you not detect wee inconsistencies with ... you know ... his honesty and treatment of the truth?  Namely, the lack of such?

Keep in mind, this is on the same fricken page, and just a couple of paragraphs below the first quote! 

</hand slap to forehead>

Other than that, it's great, he just needs to look up the definition of 'data', as he sorta doesn't know what it is.

Think I'll go watch some TV.

Fri, 06/01/2012 - 22:06 | 2486632 supersajin
supersajin's picture

Apparently those Mayans were on to something!!

This is only 1 level of change to expect. A new world is at hand.

Fri, 06/01/2012 - 22:17 | 2486643 Westcoastliberal
Westcoastliberal's picture

You are right super, get ready:

Fri, 06/01/2012 - 22:32 | 2486662 Yes_Questions
Yes_Questions's picture


Well, you beautiful Fucks, everybody dies. 


But some of us.....

Fri, 06/01/2012 - 22:51 | 2486674 BurningFuld
BurningFuld's picture

When the bills come out with a line to write in your own number you know it's the end.

Sat, 06/02/2012 - 01:23 | 2486817 denny69
denny69's picture

I'm looking forward to those bills. Also heavy with anticipation about the citizen self-arrest forms which will be coming out next week. You didn't think they were going to try to sell all those vacant houses, did you? Look closer - there's bars on the windows now.

Fri, 06/01/2012 - 23:02 | 2486680 tahoebumsmith
tahoebumsmith's picture

We really are back to 2008...My favorite post when they started this monetary fustercluck back in 2008! Who would have ever thunk they would have gone this far to cover their ponzi? Then again, I ask myself how many bankers have been prosecuted? How many Companies have been shut down? Not fucking one!!! Obama said he would crack down on Wall St. and what did we get? MF Global and one of his Campainging Buddies, CORZINE, still living the high life after illegally pilfering 2.3 BILLION from Commodity traders via the Comex. Here we go again, lets start with TARP2 and go from there.. This really has become a fucking joke and I don't see any humor in it anymore, not that I ever did!

Fri, 06/01/2012 - 23:36 | 2486712 JR
JR's picture

Yee Haw! tahoebumsmith. And thanks!

"I want some TARP, they’re givin’ money away for free, I want some TARP, save a little bit for me, I want some TARP, THEY’RE GIVIN’ MONEY AWAY FOR FREE! I want some TARP!!!…"

Well done! Bill Zucker.

Fri, 06/01/2012 - 23:55 | 2486729 Yen Cross
Yen Cross's picture

Howdy J.R.  Been flat for 3 weeks. Time to dip my toes in the water.

Sat, 06/02/2012 - 00:42 | 2486789 JR
JR's picture

Howdy, Yen. It’s good to be back and to cash in on your insight. Good luck in these waters ….  only a pro such as you dares test them…

Sat, 06/02/2012 - 01:32 | 2486826 Yen Cross
Yen Cross's picture

   Got a question JR. You are a good , especially good swing trader.?  Are you thinking high 80's aud/usd, 1.18 eur/usd?

  I just remember you talking usd/jpy 78, when it was in the 90's!   That was a great call!

Sat, 06/02/2012 - 01:50 | 2486841 JR
JR's picture

Ah, Yen, the answer is No.  If I recall correctly, that was Susan.

Sat, 06/02/2012 - 03:07 | 2486873 tahoebumsmith
tahoebumsmith's picture

And how we forget how much that $700 Biiiliiiiiiion figure was? Those were the gOod o'l days...Since this speech we have gone from $700 biiiiliiiiiiiion to 6.4 TRILLION? I'm staggering now NAN!  You belong in California, I don't, see you beatch...




Sat, 06/02/2012 - 03:15 | 2486875 tahoebumsmith
tahoebumsmith's picture

OBTW Nan, Obama and his Progressive clones, haven't even passed a budget since 9/2009??? Time to STFU, maybe that's why nobodoy has heard shit from you in over 9 months?

Fri, 06/01/2012 - 23:26 | 2486701 hswalj
hswalj's picture

Haven't looked at zerohedge in a while.  The comments are an antidote to living!  I had a nice martini and have been laughing my ass off reading these comments.  All so original!  Thanks to all of you from here in Nashville for making my day.

Sat, 06/02/2012 - 03:00 | 2486791 tahoebumsmith
tahoebumsmith's picture

The fight club is just getting going... We have spent 4 years preparing for this. This is Capitulation at its best BITCHEZ... For all you shorts out there, Congrats...!Timing is everything... For all you Metal Heads out there, May the powers be with you, you WILL have the bartering power. I've been writing about this shit since  2007 and if you asked me back then if I thought they would ever go this far, I would have said no fucking way 10TRILL??? And they did...

Fri, 06/01/2012 - 23:46 | 2486719 Yen Cross
Yen Cross's picture

 The reason History repeats itself, is simple. " People live in the past"!  

    That trader didn't retire at 36!  He got smart, and realized he could be more productive out of the " LIMELIGHT" !

Sat, 06/02/2012 - 03:37 | 2486913 falak pema
falak pema's picture

People run away from the past taking short cuts; and that is why they end up living the past. Karma.

Sat, 06/02/2012 - 00:01 | 2486746 brettbuchanan
brettbuchanan's picture

I co-authored an article on ZeroHedge in '09 titled American Purgatory.  It got about ten thousand reads and a decent amount of comments.

The underlying theme of the article was that we're cooked, beyond the point of no return, doomed to a fate brought on by a total lack of morality on the part of our private and public leadership.

And while I know the ZeroHedge crowd is going to rip me a new asshole over this about-face one thing has become crystal clear to me over the last three years.  There is not going to be any collapse - at least not the draconian style soupline scenario most readers of this alarmist rag seemingly dream of unfolding.  

For every action there is an equal and opposite reaction.  For every pessimist there is optimist.  For every fiat dollar there is another fiat dollar with a completely new valuation waiting in the wings.

If you believe for one second that the Federal Reserve and US Treasury haven't had our best and brightest, and I mean the kind of guys you never hear about, the Will Hunting types who work for agencies like the NSA sitting around in think-tanks cooking up contingency plans for when the dollar does fail, because I believe it will, then you are categorically mistaken.

If and when there is a global financial meltdown the Fed and other foreign bodies will step in, shut the markets down, and send armored vehicles with tank escorts down Main Street to deliver fresh loads of the Amero Dollar or whatever the fuck they'll call their new slave based money.

But there's not going to be any soup lines.  No one's going to get shot over a loaf of bread.  Maybe in Europe, but not here.  There will be some pain but we'll deal with it and we'll move the fuck on.  As long as no one starts lobbing nukes over the North Pole what's the worst thing that could happen?  Maybe Cramer gets more air time or we have to listen to some bullshit Presidential address about how they saw this coming and had a plan.  

As long as those motherfuckers don't interupt my access to porn - I don't give a fuck anymore.

Sat, 06/02/2012 - 01:00 | 2486800 Yen Cross
Yen Cross's picture

 That was a good post! I saved it. )(09  was the glory year for Z.H.)  I have been a member for about a year and a half.

  I agree with about 50% of what you wrote.   I however , agree 100% with the balls you had, to state your position/mind! +1

Sat, 06/02/2012 - 01:03 | 2486803 JR
JR's picture

If Americans don’t change the U.S. Congress and make the Congress once again responsive to the people then it is over for the U.S. and there is no road back.  There are only two solutions to the global oligarchy’s takeover of the government of the United States: 1) Congress must return to and abide by the U.S. Constitution, or 2) Revolution whereby the people throw out the Congress and start over with a new government.

Sat, 06/02/2012 - 03:00 | 2486847 Kamehameha
Kamehameha's picture

The subsequent Amero collapse will take place so rapidly people will dig out their old dollars to barter.

The masses will be psychologically altered after their hunger catastrophe to the fact that paper is dubious. 

Caesar and company tried this twenty, fifty, a hundred times.  The only solution was to put silver back in the coins. 

Sat, 06/02/2012 - 04:10 | 2486907 falak pema
falak pema's picture

You last line makes a wonderful epitaph for a whole generation of Americans; we invented it here and we'll live and die for it whatever else may or may not happen to the world. American Purgatory indeed. Funny money unlimited printing and Will Hunting notwithstanding, the cunt of Red October on the net is the only thing worth living for.

Tom Payne would be left speechless.

The Demise Of Guys By Philip Zimbardo - Business Insider

Sat, 06/02/2012 - 09:19 | 2487075 dwdollar
dwdollar's picture

They don't need super geniuses for replacing a fiat currency with another fiat currency. That's been in the playbook for thousands of years.

Will it fix the unproductive people found in Western nations (both in the bottom and in the top of the social ladder)? Doubt it.

Sat, 06/02/2012 - 10:51 | 2487152 Salt
Salt's picture

<i>But there's not going to be any soup lines.</i>


But there already are. They just que up at the local market with their stamps.



Sat, 06/02/2012 - 00:35 | 2486763 pissing_excellence
pissing_excellence's picture

All these things makes me wish me wish I living or born back in my parents times,  Stella stevens hairdo's, better looking cars, and all my familys stories would make better sense.  And to top it all off, put "Enjoy" at the end, ooooh that's pretty cold ,TD.

The laughs get pretty deflated...

Well God made arrakis to train the faithful, fuck it. Take care

Dormroom days are burned out, now maybe some oldies for June.

Sat, 06/02/2012 - 00:54 | 2486797 Kaiser Zose
Kaiser Zose's picture

0Bama and Romeny. Bath salt these fucks.

Sat, 06/02/2012 - 08:50 | 2487053 therearetoomany...
therearetoomanyidiots's picture

Or...bath salt their wives....

Sat, 06/02/2012 - 01:35 | 2486829 JR
JR's picture

Paul Craig Roberts wrote recently in Economic Recovery or Collapse? Bet on Collapse

“The US financial system and, probably, the financial system of Europe, like the police, no longer serves a useful social purpose.

“In the US the police have proven themselves to be a greater threat to public safety than private sector criminals. I just googled 'police brutality' and up came 183,000,000 results…

“Writing in CounterPunch (May 18), Rob Urie reports that two years ago Andrew Haldane, executive Director for Financial Stability at the Bank of England (the UK’s version of the Federal Reserve) said that the financial crisis, now four years old, will in the end cost the world economy between $60 trillion and $200 trillion in lost GDP. If Urie’s report is correct, this is an astonishing admission from a member of the ruling elite…
“Try to get your mind around these figures. The US GDP, the largest in the world, is about 15 trillion. What Haldane is telling us is that the financial crisis will end up costing the world lost real income between 4 and 13 times the size of the current Gross Domestic Product of the United States. This could turn out to be an optimistic forecast.

“In the end, the financial crisis could destroy Western civilization…"

Sat, 06/02/2012 - 01:48 | 2486838 Yen Cross
Yen Cross's picture

  You seem to be more " Staunch" Undecided in "your" more recent posts JR?  Libertarian/Liberal  esk; ?

 With a slant of Fiscal Responsibility.

Sat, 06/02/2012 - 02:19 | 2486860 JR
JR's picture

Same agenda, as always, Yen, loving liberty as did George Washington who devoted himself, as Dan Smoot once pointed out, to binding down government force that destroys the freedom of enterprise with the powerful chains of the Constitution and by defending the right of free men to live, produce and prosper in a free economy.

Let’s face it, Yen, Mao used the power of a government gun to murder nearly 64 million of his own people, many for no other reason than that they owned a small piece of land that made them “capitalists.”

It’s no longer an exaggeration, IMO, to say America is fighting similar ruthless criminals, the likes of the Rothschilds and Rockefellers and Soroses, who it can be said are in a world criminal class all their own.

Do NOT follow this link or you will be banned from the site!