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Guest Post: What’s next…

Tyler Durden's picture




 

Submitted by Simon Black of Sovererign Man

Guest Post: What’s next…

One of the things that’s really unique about this part of the world is having access to so many people with first-hand experience of living under Soviet rule.

It’s a bizarre thing to say, but the stories they have to tell are extraordinary.

Last night I had dinner with some friends, including one woman who was just a child at the end of World War II.

She explained to me that her family had been wealthy landowners near the capital city… until the Soviet-controlled government came in, confiscated all of their property, and shipped the adults off to Siberia.

“There were so many opportunities to leave beforehand,” she explained, ”but they just never thought things would ever get that bad here. Everyone saw what happened in other countries, but my family never expected that it would happen to them.”

While most people probably aren’t going to end up in Siberia anytime soon, the lesson is still valuable.

It’s easy to look around the world and think “It can’t happen here. It won’t happen here.” But this is really foolish thinking.

Governments steal, then spend, other people’s money with reckless abandon. They conjure paper currency out of thin air, rob the future earnings of generations which have not even been born, and create mind-numbing barriers to real growth.

These are not people who can be trusted to do the right thing.

Here in Europe, the Greek government is helping itself to its citizens’ bank accounts; the Italian government is working with banks to freeze customers out of their accounts without warning.

Spanish police are embroiled in a bloody struggle against bazooka-weilding workers who are protesting austerity measures. EU leaders in Brussels have announced their intention to impose capital controls as part of a ‘rescue plan’.

This is today’s reality. It can happen here, it probably will happen here. And frankly, it’s all unfolding almost exactly as it has so many times before throughout history:

1. A nation rises to greatness and becomes wealthy based on sound principles and the hard work of initial generations.

2. Eventually, being wealthy becomes the natural expectation… an entitlement, rather than a goal to work hard for and achieve.

3. A nation begins living beyond its means to maintain the high life without the hard work, leveraging its credibility to trade tomorrow’s production for today’s consumption.

4. Living beyond its means eventually becomes unsustainable. Government begins to slowly, then staggeringly, devalue its currency.

5. The market (i.e. people) finally wake up to the fraud being perpetrated.

6. Financial repression usually follows– high taxes which steal from the productive, negative real interest rates which steal from the savers, etc.

7. Capital flight comes next. People take their money and run.

8. Governments implement capital controls, border controls, price and wage controls, and anything else they can do to maintain the status quo. People find out who the police are really there to protect and serve.

9. Capitulation (default) is the endgame; the system resets itself and begins anew.

This is nothing new. From the 3rd Dynasty of Ur (2000 BC) to Medieval Venice to the familiar stories of Rome and the Ottoman Empire, the world is full of monuments to the past greatness of failed civilizations.

We’re seeing the same pattern unfolding now. And sure, anything’s possible. Maybe the skies open up and the unicorns come out to play and the whole world manages to fix itself without skipping a beat.

But let’s live in reality: there are consequences when nations go bankrupt. And nearly every western nation on the planet is insolvent. That is a fact.

Certainly, the lies from our political leaders are entertaining. But how many more revolutions, riots, defaults, bank runs, stimulus packages, nationalizations, tax increases, pension grabs, etc. will it take to acknowledge what’s happening?

Can anyone afford to keep ignoring reality? Can you?

 

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Thu, 06/21/2012 - 00:21 | 2545991 sablya
sablya's picture

These things apparently take much longer than anyone expects.  Just as Rome wasn't built in a day, neither did it collapse in a day.  Oh, sure, there came a day when it did collapse, when the barbarians burned Rome to the ground, but there were probably people for a long time before that watching it slowly unfold.  

Nowadays, the Central Bankers can seemingly endlessly postpone the inevitable.  Just when you think something is about to happen, nothing happens.  

Thu, 06/21/2012 - 00:27 | 2546004 wandstrasse
wandstrasse's picture

right, human imaginanation works with simple terms, even if the thinker is smart / highly educated. One of these terms is 'Apocalypse', a sudden big bang which changes everything... Hardly anyone who lived through one of the many real apocalypses throughout history experienced it as overall, nation- or worldwide apocalypse... maybe a personal apocalypse. We are amidst such an apocalypse and many of us are asking .. when TF will it happen? I started to read Archipel Gulag.. scary and depressing and everyday more real.

Thu, 06/21/2012 - 01:10 | 2546055 Troll Magnet
Troll Magnet's picture

the world as we know it is ending as we speak. hell, it's been ending for awhile now. we just don't know it yet because we're just a bunch of frogs in water that is slowly warming up. but it will start to boil sooner or later. by then it'll be too late.

Thu, 06/21/2012 - 02:24 | 2546117 Western
Western's picture

What's current: http://youtu.be/T953Nd1MuHA

Thu, 06/21/2012 - 02:56 | 2546136 busterbloodvessel
busterbloodvessel's picture

A great video. How do you Americans tolerate this? It will be a sad day when they introduce this in the UK.

Thu, 06/21/2012 - 06:50 | 2546259 HoofHearted
HoofHearted's picture

"the world ends not with a bang but with a whimper"

Thu, 06/21/2012 - 09:54 | 2546803 tobus
tobus's picture

Give me liberty or give me... like whatever?

I think that's the proud quote on which the USA was founded. It was something like that anyway.

Thu, 06/21/2012 - 12:22 | 2547578 Kobe Beef
Kobe Beef's picture

Liberty is so 1700's. We've got Freedumb now. As in, Americans are free to be as stupid, childish, and dependent as they choose.

Thu, 06/21/2012 - 03:08 | 2546144 RECISION
RECISION's picture

Even during a shooting, total-war, the WWII Axis Powers still took years to collapse.  And even then it was only after being invaded and occupied - or nuked.

For most of the people, most of the time, it is just depressing and austere -and the fireworks are happening ...somewhere else.

So don't hold your breath waiting for it all to end.  TPTB can drag this on far past your ability to bet against it.  They are using your money against you afterall.

So, except in the most unlikely event that somehow red-hot fighting erupts around you, just expect to be cycled through the wringer for year after year after year and bleed white. 

Welcome to your place in the world Plebs.

Thu, 06/21/2012 - 00:36 | 2546018 CompassionateFascist
CompassionateFascist's picture

60 days and counting. Then: IranWar spikes oil, kills dollar, System collapses, Martial Law regime descends on us. Invest in lead.

Thu, 06/21/2012 - 01:03 | 2546048 Vic Vinegar
Vic Vinegar's picture

Greenie for you because your countdown is moving. But I digress from that as...

...acknowledging that this is "not a chatroom" let's keep this short:

  • Don't start shooting in 60 days.  It's going to end terribly for you if you do.
  • Don't hate on the Jewish people.  Most people of the Jewish faith are no different than you or I.

You are a smart guy.  It's pretty good to be alive and it's nice to have someone as intelligent as you here.

Thu, 06/21/2012 - 01:18 | 2546069 Troll Magnet
Troll Magnet's picture

i personally don't hate jews. but i do hate it when jews are in charge and they are in charge of way too many things. they just have an uncanny ability to fuck up things beyond any recognition and cause pain for innocent people. just mind your own goddamn business and keep your misery and "suffering" to yourself.

Thu, 06/21/2012 - 01:33 | 2546078 Tinky
Tinky's picture

Your "analysis" would be more accurate if you were to substitute "men" (as opposed to women) for "jews".

Thu, 06/21/2012 - 01:35 | 2546082 Vic Vinegar
Vic Vinegar's picture

This isn't a chat room!  You don't understand what we are talking about.

Are you ugly or fat?  

Thu, 06/21/2012 - 05:13 | 2546203 Troll Magnet
Troll Magnet's picture

jews can't help themselves. they really can't. they are control freaks and when you mix in the fact that they have no land of their own and are/will be (welcomed or unwelcomed) guests forever wherever they are, it becomes highly volatile as they inevitably undermine their hosts and start fucking them over. what goes around comes around i always say.

Thu, 06/21/2012 - 01:32 | 2546080 Vic Vinegar
Vic Vinegar's picture

I was replying to someone else but let me reply to you for a moment.  You noted:

but i do hate it when jews are in charge and they are in charge of way too many things. they just have an uncanny ability to fuck up things beyond any recognition and cause pain for innocent people. 

Think on what you just typed.  

Thu, 06/21/2012 - 04:47 | 2546187 Troll Magnet
Troll Magnet's picture

i'm thinking...tell me when to stop. my head hurts.

Thu, 06/21/2012 - 02:07 | 2546101 lasvegaspersona
lasvegaspersona's picture

Vic and Troll

LOTS of top doctors are Jewish. Skilled and honorable too. 

this sites rages against bankers borders on the insane. Hitler used this rage to kill many, after all the head of the German central bank was jewish...but it is not the bankers who spend spend spend, it is 'we the people', through our politicians. Look at Bernacke. He knows the story. Do you really think he wants to take the rap like Rudy von Havenstein? When he tells politicians to spend less I believe he means it. DC knows we are screwed and the Fed is going to do its best to slow down the train. Politicians won't help though. They will spend til they drop.

Thu, 06/21/2012 - 02:17 | 2546110 Vic Vinegar
Vic Vinegar's picture

When he tells politicians to spend less I believe he means it. DC knows we are screwed and the Fed is going to do its best to slow down the train.

Totally agree.  Ben B is just doing the best with the cards he was dealt.  

Thu, 06/21/2012 - 04:53 | 2546191 jeff montanye
jeff montanye's picture

no he isn't.  he could have enforced the laws against fraudulent loans during the housing bubble and sought the power to reorganize lehman brothers in an orderly fashion a la the fdic.  he is a tool of the status quo bankster cabal as was greenspan.  

 

Thu, 06/21/2012 - 05:06 | 2546198 Troll Magnet
Troll Magnet's picture

thank you!

Thu, 06/21/2012 - 08:31 | 2546469 Race Car Driver
Race Car Driver's picture

Looking at all your posts on this thread - you're fulla shit.

Thu, 06/21/2012 - 02:08 | 2546103 lasvegaspersona
lasvegaspersona's picture

Vic and Troll

LOTS of top doctors are Jewish. Skilled and honorable too. 

this sites rages against bankers borders on the insane. Hitler used this rage to kill many, after all the head of the German central bank was jewish...but it is not the bankers who spend spend spend, it is 'we the people', through our politicians. Look at Bernacke. He knows the story. Do you really think he wants to take the rap like Rudy von Havenstein? When he tells politicians to spend less I believe he means it. DC knows we are screwed and the Fed is going to do its best to slow down the train. Politicians won't help though. They will spend til they drop.

Thu, 06/21/2012 - 05:05 | 2546197 Troll Magnet
Troll Magnet's picture

yeah and lots of landlords are jewish, too, as are bankers, "economists," fucking lawyers, media hacks and slimy politicians. are they talented? sure. but they are also cursed with no land of their own and for that they've been holding the world hostage for how long now? and save your holocaust bullshit. the jews have gotten their redemption through their own acts of terrorism, mass murders, theft, robbery and of course, 4,389,139,874,253,905,246 films (and counting) about the holocaust. and as a result of greenspan and bernanke's actions alone, BILLIONS are and will continue to suffer. isn't that enough?

Thu, 06/21/2012 - 00:36 | 2546020 Ineverslice
Ineverslice's picture

Agreed, but along the way I think there are always sharp dislocations,  events that act as "steps-down "in the curve if you will that occur infrequently and act as sudden reversions to the mean....whatever.

Thu, 06/21/2012 - 00:49 | 2546033 AnonymousCitizen
AnonymousCitizen's picture

History may not repeat itself, but it rhymes.

Second verse, same as the first.

Thu, 06/21/2012 - 02:35 | 2546115 Uber Vandal
Uber Vandal's picture

Lord Byron said it best:

Here is the moral of all human tales –

‘Tis but the same rehearsal of the past,

First freedom and then glory – when that fails,

Wealth, vice, corruption, barbarism at last;

And history with all her volumes vast

Hath but one page.

 

Also, running did not work so well for the passengers on the Hamburg-Amerikan Line ship St. Louis in 1939.

I am also sure that some people in the past fled to Neutral countries, such as the Netherlands, and that did not stop the Panzers from rolling across the borders in 1940.

Thu, 06/21/2012 - 08:48 | 2546512 groundedkiwi
groundedkiwi's picture

anyone with half a brain should understand why switzerland was neutral. Not only neutral but untouchable during WW2. Every asshole in thevworld needed somewhere to do business in the midst of millions of good honest people dying for bankers neutrality.

Thu, 06/21/2012 - 01:07 | 2546052 phungus_mungus
phungus_mungus's picture

Recession/Depression got us World War I

Recession/Depression got us World War II

Recession/Depression will get us World War III

Thu, 06/21/2012 - 02:48 | 2546131 reader2010
reader2010's picture

WWIII got started on 9/11/2001.

Thu, 06/21/2012 - 08:41 | 2546485 groundedkiwi
groundedkiwi's picture

WW1/2they needed people. Drones now goodbye people.

Thu, 06/21/2012 - 07:17 | 2546291 andrewp111
andrewp111's picture

It is when everyone assumes the Central Bankers will save the day that they will run out of road to kick the can.  The endagame will be actual shortages of energy that cannot be covered by any means.  Then the end to growth comes real fast.

 

And since every country that amounts to anything will be insolvent, there will be no place to hide.

Thu, 06/21/2012 - 00:27 | 2545997 Dead Canary
Thu, 06/21/2012 - 00:29 | 2546007 CrockettAlmanac.com
CrockettAlmanac.com's picture

Renewal is a lie! Carousel is a lie! You don't have to die!

Thu, 06/21/2012 - 00:30 | 2546008 Cursive
Cursive's picture

@Dead Canary

The Carousel concept was was not in the book.  Great movie, though.

Thu, 06/21/2012 - 00:26 | 2545999 NemoDeNovo
NemoDeNovo's picture

You can IGNORE Reality as LONG as you want, questions really is......

How long can you IGNORE the Consequences of Reality?

 

Thats the Big One

Thu, 06/21/2012 - 08:29 | 2546463 groundedkiwi
groundedkiwi's picture

so long as the bank balance is plus anyone can ignore reality.

Thu, 06/21/2012 - 00:26 | 2546000 arizona11912
arizona11912's picture

Simon Black is a fraud. I get his daily writings. He tells half truths to scare you into investing in his Chilean farm he is trying to unload. I went this guys fraudulent conference last year. It was a circle jerk of referrals of his alleged friends. I heard one guy saying at Simon's conference saying the following: "You can sell anything to Americans."

Beware of this guy. Just sayin...

 

Beware bitchez..

 

 

Thu, 06/21/2012 - 00:31 | 2546010 CrockettAlmanac.com
CrockettAlmanac.com's picture

Wanna buy a duck?

Thu, 06/21/2012 - 00:35 | 2546014 Hulk
Hulk's picture

I need a duck to sit on...

Thu, 06/21/2012 - 01:23 | 2546073 Troll Magnet
Troll Magnet's picture

arizona,
who out there isn't trying to sell shit? from eric sprott to ben shalom shalom, every single motherfucker is out to sell their shit. some of it is pure bullshit and in the case of my pot dealer, some of it is really really good shit.

Thu, 06/21/2012 - 07:25 | 2546306 Bringin It
Bringin It's picture

Ironicly, pot makes you impervious to PTB mind kneading.

Thu, 06/21/2012 - 00:37 | 2546022 Cursive
Cursive's picture

@arizona11912

If there are hot Chilean women there, I know I guy who might be interested.  Simon should write more about the hot Chilean women...

Thu, 06/21/2012 - 01:13 | 2546062 arizona11912
arizona11912's picture

@Cursive,

 

Writing about Chilean women might not be a bad idea for him. Better than trying to unload his farm on unsuspecting investors.

Thu, 06/21/2012 - 00:26 | 2546001 arizona11912
arizona11912's picture

Simon Black is a fraud. I get his daily writings. He tells half truths to scare you into investing in his Chilean farm he is trying to unload. I went this guys fraudulent conference last year. It was a circle jerk of referrals of his alleged friends. I heard one guy saying at Simon's conference saying the following: "You can sell anything to Americans."

Beware of this guy. Just sayin...

 

Beware bitchez..

 

 

Thu, 06/21/2012 - 00:54 | 2546039 Vic Vinegar
Vic Vinegar's picture

No way.  I moved to Asia to start an upscale pet care business because of Simon. 

So here I am, shaving a dog's nuts in Ho Chi Minh City for five cents an hour as Simon continues to "dine with friends" and charge people to let them know how much government sucks. 

Ignore Simon at your own peril!

Thu, 06/21/2012 - 09:41 | 2546756 ITrustMyGut
ITrustMyGut's picture

+1 rl LOL

Thu, 06/21/2012 - 08:25 | 2546447 groundedkiwi
groundedkiwi's picture

well that explains the trade imbalances!

Thu, 06/21/2012 - 00:29 | 2546002 ebworthen
ebworthen's picture

"Governments steal, then spend, other people’s money with reckless abandon. They conjure paper currency out of thin air, rob the future earnings of generations which have not even been born, and create mind-numbing barriers to real growth."

The U.S.S.A. is on this path.  If you don't believe that Gold and other precious metal transactions will be outlawed and you and your family's assets stolen - or at the very least - imprisoned by the FED and Bankster hegemony - you are a damn fool.

It was done in the Depression of the 1930's and will be done in this Depression.

Thu, 06/21/2012 - 01:51 | 2546088 seek
seek's picture

The reality of the 1930's gold confiscation is that it was taken from banks, not people. There was a single prosecution under the act, and it was overturned.

The significance then -- and now -- of a ban on posession of gold privately is as a marker of historical signficance. In the case of the 1930's, the ban marked the start of the official devaluation of the dollar, as it was a necessary step to disconnect gold from the USD if the USD were to be revalued. So ultimately, it marked the start of the "real" depression and policatal/finance change, 4 years in from the stock market collapse of 1929.

If/when a gold ban were to be reinstated in the US, it will mark a point very near the end of the current financial regime, not the beginning. In the 1930s it marked the beginning as it was necessary to do away with gold to replace it with fiat -- in the 201Xs, such a ban would take place only when gold is a bona-fide threat to the current fiat financial order, and that can only occur when the majority of people view gold as more enduring and valuable than USD. Banning it will only bring attention to this, and it will be among one of the last desperate acts of country with a fiat currency in full collapse. But like in the 1930s, it will mark a revaluation event.

If we are to truly mirror the depression, what would be necessary is a second, new fiat USD to be introduced, and laws that establish the conversion rates between old and new USD, and establish that all contracts would be paid in new USD, possibly with some type of adjustment to the old USD value, or none at all; my guess is it will be adjsuted to favor banks and to steal USD from depositors and foreign countries. Gold as well as other commoditied would reprice according to the devaluation, but any force pricing of gold, or oil, or any other commodity will be laughed at. Under these circumstances it would be unlikely or even counter-productive to ban gold, as it's a harbinger of things to come. It is more likely that the converstion to new fiat would come with virtually no warning whatsoever, and controlling the gold trade would be a small afterthought.

 

 

Thu, 06/21/2012 - 02:15 | 2546108 lasvegaspersona
lasvegaspersona's picture

seek

I agree

gold confiscation is the last war. Seeing that it will not be in our future is important to properly position oneself in physical gold....the once and future wealth asset of choice

Thu, 06/21/2012 - 03:31 | 2546155 ebworthen
ebworthen's picture

I hear you.

I buy physical gold at the dips.

The complication is the digitization of money, and the move to eliminate physical exchange via coin, paper, and PM's.

Thu, 06/21/2012 - 09:24 | 2546691 lightning
lightning's picture

I agree that the 1930's confiscation was different, but I disagree with the idea that they won't attempt gold confiscation in the future.  TPTB will not think twice about taking your physical gold.  Why?  Reality is that you (and other ZeroHedge readers) are very intelligent and see the writing on the wall.  However, the vast majority of Americans have not nor will until gold becomes so expensive it is out of their reach.  Hence the number of people to confiscate from won't be as high as you might think.  I also think that the transition to digital dollars will be a method of gold confiscation.  Gold is real money and has real value, and the parasitic blood sucking elite will attempt any and every method available to not only retain their wealth but to take yours.  The best predictor of future behavior is past behavior and TPTB have been working hard to steal everyones wealth in a variety of ways.  I doubt they will stop short of gold confiscation.  

Thu, 06/21/2012 - 10:02 | 2546867 ITrustMyGut
ITrustMyGut's picture

the new curency will be digital, it will be asian managed, and it will be asset backed.

Thu, 06/21/2012 - 00:27 | 2546003 holdbuysell
holdbuysell's picture

Well said.

Thu, 06/21/2012 - 00:29 | 2546006 Ineverslice
Ineverslice's picture

As for capital flight, are we not in a unique moment where it's more difficult than the past due to the globalization of this frickin' mess that we are in?  I mean, is it still possible or dead forever?

Thu, 06/21/2012 - 00:35 | 2546015 holdbuysell
holdbuysell's picture

Capital flight at its most basic tenet is simply to protect it from the bad guys.

John Galt did just fine in a valley.

Thu, 06/21/2012 - 00:49 | 2546031 Ineverslice
Ineverslice's picture

Gotta read that book....second reference to it today.

Thu, 06/21/2012 - 01:08 | 2546053 aphlaque_duck
aphlaque_duck's picture

I'm about 80% through it right now. Starts out slow but stick with it.

Its the best god damned thing I ever read, and I have to say my mind is a bit blown that she foresaw all of this so perfectly. 

Thu, 06/21/2012 - 04:58 | 2546193 StychoKiller
StychoKiller's picture

"While you were dragging to your sacrificial altars the men of justice, of independence, of reason, of wealth, of self-esteem -- I beat you to it, I reached them first.  I told them the nature of the game you were playing and the nature of that moral code of yours, which they had been too innocently generous to grasp.  I showed them the way to live by another morality-mine.  It is mine that they chose to follow.

All the men who have vanished, the men you hated, yet dreaded to lose; it is I who have taken them away from you.  Do not attempt to find us.  We do not choose to be found.  Do not cry that it is our duty to serve you.  We do not recognize such duty.  Do not cry that you need us.  We do not consider need a claim.  Do not cry that you own us.  You don't.  Do not beg us to return.

We are on strike, we, the men of the mind.  We are on strike against self-immolation.  We are on strike against the creed of unearned rewards and unrewarded duties.  We are on strike against the dogma that the pursuit of one's happiness is evil.  We are on strike against the doctrine that life is guilt.  There is a difference between our strike and all those you've practiced for centuries: our strike consists, not of making demands, but of granting them.

We are evil, according to your morality.  We have chosen not to harm you any longer.  We are useless, according to your economics.  We have chosen not to exploit you any longer.  We are dangerous and to be shackled, according to your politics.  We have chosen not to endanger you, nor to wear the shackles any longer. We are only an illusion, according to your philosophy.

We have chosen not to blind you any longer and have left you free to face reality -- the reality you wanted, the world as you see it now, a world without mind." -- John Galt

Thu, 06/21/2012 - 07:42 | 2546335 Bringin It
Bringin It's picture

++ for going Galt. 

Sounds a lot like going Thereau.

Thu, 06/21/2012 - 08:21 | 2546435 groundedkiwi
groundedkiwi's picture

and the last paragraph defines 21st century education

Thu, 06/21/2012 - 06:51 | 2546256 BeetleBailey
BeetleBailey's picture

I posted this on another thread...here is a passage from "Atlas Shrugged" that - when I read it - thought; "OMG - that woman was spot-on!"

"There's no way to rule innocent men. The only power any government has is the power to crack down on criminals. Well, when there aren't enough criminals one makes them. One declares so many things to be a crime that it becomes impossible for men to live without breaking laws. Who wants a nation of law-abiding citizens? What's there in that for anyone?

But just pass the kind of laws that can neither be observed nor enforced or objectively interpreted – and you create a nation of law-breakers – and then you cash in on guilt. Now that's the system, Mr. Reardon, that's the game, and once you understand it, you'll be much easier to deal with."

Thu, 06/21/2012 - 00:37 | 2546019 Midas
Midas's picture

Hey Simon--

Would I look stoopid if I followed your advice and got out just in time and then had my shit confiscated in the country I "escape" to?

Thu, 06/21/2012 - 11:09 | 2547241 viahj
viahj's picture

in that situation ("got out just in time") you would voluntarily trade your "shit" to the locals for land and other capital to start particpating and joining their community.  otherwise, you're bandit bait.

Thu, 06/21/2012 - 00:39 | 2546024 TulsaTime
TulsaTime's picture

The guy may be a fraud, but what he writes in this article is the real deal.  Nobody will admit to the possibility of a crash or collapse here, why this is america.  Kinda like how 'nobody' saw the '08 debacle coming, except for nearly all of the non-koolaid drinking web sites that followed finance and/or housing.  And when it does happen, there will be hell to pay as the conservative movement searches for the enemies that have 'betrayed this great nation'.  The US will see a second wave of concentration camps, after the 'reservations' for native america, and maybe another civil war.

 

Yeah.....  good times!

Thu, 06/21/2012 - 00:40 | 2546025 reader2010
reader2010's picture

What you failed to understand is that they have done this purposely to bring down the boundaries of nation states. One way to achieve their cherished NWO is to artificially create a greater depressioin on the worldwide scale first before they announce their demands, just simply repeating the same tactics used in the days leading to WWII. It's going to get nastier, and there is no place to hide IMHO.

Thu, 06/21/2012 - 07:18 | 2546293 Fred C Dobbs
Fred C Dobbs's picture

Never stop telling people this reader2010.  Tell it everywhere.

Thu, 06/21/2012 - 00:42 | 2546026 world_debt_slave
world_debt_slave's picture

what's next, can't be good for one thing.

such some information not thought about and the slow creep of the destruction of our freedom and liberties

There are bills which have already been passed by Congress which has removed the oath to defend the United States and the Constitution against all enemies, domestic and foreign from the U.S. Marshals office and which have placed them under the control of INTERPOL. A few of them are as follows:

 http://www.israelect.com/reference/WillieMartin/INTERPOL.htm

read 'em and weep for freedom and liberty

Thu, 06/21/2012 - 00:47 | 2546030 reader2010
reader2010's picture

They swapped their liberty for McMashions and SUVs instead. 

Thu, 06/21/2012 - 00:58 | 2546041 world_debt_slave
world_debt_slave's picture

sold souls to the system

Thu, 06/21/2012 - 10:00 | 2546857 tamboo
tamboo's picture

more willie martin:

 

The History of Jewish Human Sacrifice
Thu, 06/21/2012 - 00:43 | 2546027 q99x2
q99x2's picture

Good post. I thought we were alone in the US. Not good to know that bankers everywhere are involved in criminal nazi tactics but it is encouraging to know that bankers and their politicians are recognized as terrorist enemies around the world.

Thu, 06/21/2012 - 03:00 | 2546138 GernB
GernB's picture

Because it was not like Nazi propaganda was used to demonize groups like bankers, or the 1%, in an effort to depersonalize them so the public had a common enemy and they could justify doing anything they wanted to them.

Thu, 06/21/2012 - 05:32 | 2546217 Lebensphilosoph
Lebensphilosoph's picture

Bankers never needed to be 'depersonalised'. Quite the opposite. Bankers need to be known for the greedy, psychopathic wastrels with egos larger than the US deficit that these hollow shells of humans are. I say a Zyklon B pellet for every shekel extorted.

Thu, 06/21/2012 - 10:12 | 2546926 tamboo
tamboo's picture

"Above right: A real gas chamber at Dachau, outside Munich. Although it was claimed that this chamber was used to kill people, this allegation has long since been abandoned and it is accepted that this was a clothing delousing chamber, which used Zyklon-B insecticide. Delousing chambers existed at all the Nazi camps. Note the gas warning on the door. Above left: The delousing chamber at Mauthausen Camp, also used Zyklon-B to disinfect prisoner clothing. Despite it having long since been admitted that there were no homicidal gas chambers in Germany itself, modern day visitors to Mauthausen are still told that people were killed in this chamber - a blatant lie."

 

Auschwitz - Extermination or Labor Camp?
Thu, 06/21/2012 - 00:48 | 2546034 tongue.stan
tongue.stan's picture

I like how Black just kind of glosses over #9, "...the system resets..." You know, the "what's next".

Thu, 06/21/2012 - 01:17 | 2546068 arizona11912
Thu, 06/21/2012 - 02:20 | 2546113 lasvegaspersona
lasvegaspersona's picture

arizona

soft money systems like we have now have never been replaced by other soft money systems so....forget about SDRs...extremely weak fiat...look to a currency with some teeth, some 'use' and perhaps some relationship to solid assets.

Thu, 06/21/2012 - 01:10 | 2546057 obelisks
obelisks's picture

frog in boiling water comes to mind

Thu, 06/21/2012 - 02:02 | 2546098 Vic Vinegar
Vic Vinegar's picture

Really? Because that doesn't come to my mind at all.  What comes to my mind is:

  • You have been here a year and 51 weeks and gave us this.  It's kinda weak, no?
  • slewie reads the tripoli post, sees baby_B's vag as valhalla, and wants to believe...
  • ...I'll leave it up to you.  slewie is a good dude, but even he needs to see the eternal wisdom of RobotTrader
Thu, 06/21/2012 - 01:14 | 2546064 Elmer Fudd
Elmer Fudd's picture

HIRE Act, capital controls coming to USA 2013, but the sheeple just didnt notice.

Thu, 06/21/2012 - 02:05 | 2546099 USKiwi
USKiwi's picture

They were too busy with more important things.  You know, stuff like NASCAR, college football, and American Idol.  America is has become a Ineptocracy mixed with a bit of Idiocracy.

(in-ep-toc'-ra-cy) - a system of government where the least capable to lead are elected by the least capable of producing, and where the members of society least likely to sustain themselves or succeed, are rewarded with goods and services paid for by the confiscated wealth of a diminishing number of producers. syn-socialism.

Thu, 06/21/2012 - 01:55 | 2546095 USKiwi
USKiwi's picture

There is still an opportunity to escape.... for now.

This is one of those situations it is best to panic early, and if you are not already headed for the exits now or in the near future, that option will likely close just like it did for those in Russian as described in this article.

As for us, we hit the exit nearly 3 years ago and are now living an awesome life down in NZ.  No police state, no indefinite detention of citizens, no drones flying over domestic skies, no militarisation of the police, no insane prison population rates, no urban centres that resemble war zones, no never ending government debt, etc, etc, etc.

We are not the only ones either.  Quite a few successful people going Galt on the US system, and bringing their capital and talents down here and re-establishing.

 

Thu, 06/21/2012 - 02:13 | 2546107 Vic Vinegar
Vic Vinegar's picture

Good on you buddy!

Holy cow, spacemonkeys.  USKiwi totally cracked the code.  

NZ has no problems!  And you are there!

Thu, 06/21/2012 - 02:20 | 2546111 USKiwi
USKiwi's picture

NZ has it's issues, but if you compare them to the US or many other places in the world, they are relatively insignificant.  It is not perfect, but it't future is a lot brighter than the US.

Thu, 06/21/2012 - 02:48 | 2546132 Vic Vinegar
Vic Vinegar's picture

Well I guess when I'm in the FEMA camp and you are tagging some hot 18 year-old NZ poon, I'll remember this comment.  Because NZ.gov loves you and US.gov hates me, right?

See, my .gov allows me to speak freely.  And, generally speaking, I like all the people working for my .gov.  They are people just like you and me.

Thu, 06/21/2012 - 08:07 | 2546397 groundedkiwi
groundedkiwi's picture

Finacially NZ is stuffed like most countries. The only thing in our favour is that there is absolutely no one on our borders and if we close the airports we can feed ourselves. I am old enough and have a large extended family , to know that rural NZ is well armed with the blessings of the powers that be, that anytime any attempt to feed ourselves will be taken care of.

Thu, 06/21/2012 - 02:57 | 2546137 world_debt_slave
world_debt_slave's picture

Space Monkey with Living on a Thin line by The Kinks

http://www.youtube.com/watch?v=mprQmXuFON8

Thu, 06/21/2012 - 02:29 | 2546120 Inthemix96
Inthemix96's picture

10.  Back then in the 30's, I will take an educated guess here folks, your average joe had information from friends and newspapers.  I bet that normal folks were just going about their daily lives when the big one came down on them.  Were they aware of the role bankers play?  Were they aware what their politicos were up to?  I would assume from information available to them that they were not.  Well certainly not as aware as we are.

Now they probably never expected the internet to become what it has, and I bet they never expected sites like ZH to give out useful, and very informative information as to WHY we are where we are now.

Awareness bitchez

Prepare accordingly

Thu, 06/21/2012 - 02:48 | 2546133 GernB
GernB's picture

Reading the responses to the article about what scares the 1%, it sounds like many of the respondents are ready to round up the 1% today and ship them off to Siberia, or worse. There is a positive sense of glee at the 1% "getting theirs."

Sad to say, class hatred and warefare has been fostered so successfully that, sadly, i have to say, it is not at all hard to see it happening here.

Thu, 06/21/2012 - 05:57 | 2546156 RECISION
RECISION's picture

On the other hand, if we get rid of the 1%, then the other 99% can go back to doing their own thing without getting screwed over, and wouldn't even notice the absence...

Statistically/realistically the 1% are a rounding error (except for the harm they do).

Aggregate it with the annual road toll statistics...

Thu, 06/21/2012 - 08:24 | 2546446 Mitzibitzi
Mitzibitzi's picture

No, if we kill / imprison the 1% - even just a fraction of the 1% following investigation and prosecution of who is guilty of exactly what - all we'll get is another 1% within a very short span. People, on the whole, don't want a level playing field; they simply want a different one that happens to be slanted in their favour. The humanly important fact of evolution is; certain species evolve higher than average intelligence as leverage against the environment - they are more successful because their superior smarts allow them to be more successful than equally hard-working but less intelligent competitors. A little more evolution and they can even be a bit lazier than their neighbouring species and still come out on top. Compared to the rest of the natural world, with a few exceptions, humans are very smart. Which allows us, under the right circumstances, to also be correspondingly pretty lazy - and still win. The more life improves despite that lazy streak, the more the environment, now increasingly under the control of the human occupants in many of it's dynamics, selects for it.

What is required is to remake the system such that it can never again be gamed by the likes of those that currently own it; we've evolved the smarts, cultures and technical abilities necessary for all of us to be a little bit lazy, yet who enjoys the most leisure time? The truly smart guy with a career of whatever type? Or the guy with generations of inherited wealth, power and connections?

So the system needs to be rebuilt from the ground up, despite opposition to that level field from all sides. To do that, we'd most likely need a single global government with powers very much like the ones that are being quietly accumulated in the US, UK, Europe, etc at this moment. Because TPTB, their well paid and fatly-pensioned minions, low-brow enforcement agents and their vast legion of deliberately-created welfare hogs are going to fight us all the way!

The only way to defeat the New World Order would be to create the New World Order.

Thu, 06/21/2012 - 06:23 | 2546237 theprofromdover
theprofromdover's picture

Until some maverick in Hollywood remakes Animal Farm, the folks at home just won't get it.

Thu, 06/21/2012 - 07:56 | 2546372 groundedkiwi
groundedkiwi's picture

mmm an optimist x 2

Thu, 06/21/2012 - 06:30 | 2546244 Confundido
Confundido's picture

As the ancient greeks had already realized, the path is circular: The monarch corrupts and tyranny follows. Tyranny loses the fight against some noble people and gives birth to an aristocracy. But the aristocrats corrupt and become oligarchs. The people bring oligarchy down and a new and fine democracy arises. But the democracy soon degenerates into demagogy. And only one noble leader can unite the people against the corrupt demagogy. He wins, and becomes the king. The full circularity is there again, with monarchy....In summary: From monarchy to tyranny; from tyranny to aristocracy; from aristocracy to oligarchy; from oligarchy to democracy; from democracy to demagogy; from demagogy to monarchy...no less than 6,000 years proof this. 

Thu, 06/21/2012 - 06:38 | 2546249 AnAnonymous
AnAnonymous's picture

Quite a loose observation.

It has to do with expansion. Not corruption. US citizens are not corrupted, they have behaved the same way from the start.

The idea of corruption introduces references which do not belong to US citizenism.

What is performed now is not corruption of US citizenism: it is US citizenism in its ordinary clothes.

Thu, 06/21/2012 - 07:53 | 2546355 Big Corked Boots
Big Corked Boots's picture

Free Occupied Tibet!

Thu, 06/21/2012 - 07:59 | 2546378 groundedkiwi
groundedkiwi's picture

free occupied america from the banks and politicians

Thu, 06/21/2012 - 09:11 | 2546629 RECISION
RECISION's picture

Free Willie

Thu, 06/21/2012 - 12:15 | 2547552 akak
akak's picture

Free Radicals!

Thu, 06/21/2012 - 07:11 | 2546282 Bringin It
Bringin It's picture

You have to take an historic perspective. 

Thu, 06/21/2012 - 12:03 | 2547491 akak
akak's picture

"a historical perspective."

 

The word "historical" begins with a consonent sound, not a vowel, thereby requiring the use of the preceding article "a", not "an".

I hope that this was an helpful bit of advice for you.  Have an happy day!

Thu, 06/21/2012 - 15:30 | 2548346 TheFourthStooge-ing
TheFourthStooge-ing's picture

Thank you. So many stupid fucks never paid attention during second grade to simple rules of english grammar. As a result, they hear other dumbshits saying "an historical" and, because they're dumbshits, they ape the same behavior.

I never heard anyone saying "an historical" until sometime in the mid to late 1980s. It was retarded then and it's retarded now. The difference now is that so many dumbshits have been mimicking this idiocy for the last quarter century that most Americans (who have no clue at all about the workings of their own fucking language) say it, without knowing why, because they believe it is correct.

Thu, 06/21/2012 - 16:04 | 2548510 akak
akak's picture

 

So many stupid fucks never paid attention during second grade to simple rules of english grammar.

Indeed!

It is bad enough to have to painfully read the almost ubiquitous and embarrassing confusion over their/there/they're, or your/you're, but when I read and hear such things as "I could care less" or "I seen" or "I have an issue with that", I want to beat the speaker or reader over the head with any elementary-school grammar text --- if in fact such things still exist, which from all the available evidence I am coming to doubt.

Thu, 06/21/2012 - 19:09 | 2549098 RECISION
RECISION's picture

The State education system - working perfectly...

Thu, 06/28/2012 - 01:41 | 2567456 Bringin It
Bringin It's picture

Akak and stooge - you both obviously went to school somewhere in the dismal mid-west.  According to the Oxford English Dictionary, you are generally wrong.  The fact that you are so adamant makes you kind of look like pedantic bumkins. 

Read-em and weep.

http://oxforddictionaries.com/words/a-historic-event-or-an-historic-even...

If horrific was pronounced ‘orrific’ and historic was pronounced ‘istoric’ then it would be appropriate to refer to ‘an istoric occasion’ or ‘an orrific accident’.

BTWstooge - you are misquoting.  I did not write 'an historical'.  And stupid fuck??? a little extreme maybe?? Does stoogy have behavioral / socialization issues?

 

 

Thu, 06/28/2012 - 15:29 | 2570479 TheFourthStooge-ing
TheFourthStooge-ing's picture

Butthurt crybaby Bringin It said:

Read-em and weep.

You first, stupid:

http://www.zerohedge.com/news/sometimes-no-means-exactly?page=1#comment-...

Now go run away and cry for another week.

Thu, 06/28/2012 - 10:13 | 2567453 Bringin It
Bringin It's picture

.

Thu, 06/21/2012 - 07:30 | 2546319 GMadScientist
GMadScientist's picture

Same lame drum. Same lame beat. Must be another SovereignDumbass article.

Thu, 06/21/2012 - 07:30 | 2546323 Bertie Bear
Bertie Bear's picture

As Bank of England Governer said, "it's irrational to start a bank run, but perfectly rational to participate once one has started".

Actually that's probably the only incite full thing he has said.

Thu, 06/21/2012 - 07:37 | 2546330 groundedkiwi
groundedkiwi's picture

Dear Mr Simon Black, please define for me what "real growth" is. Growth is that last thing we on planet earth need.

Thu, 06/21/2012 - 08:32 | 2546470 Mitzibitzi
Mitzibitzi's picture

I agree. Time to start living smarter and stop worrying about living better next year than you do now. Take a walk in the countryside, breathe the air. Stand on a hill and look at that big chunk of a still (for now) very beautiful fucking planet! Adding another 10" to your widescreen is not going to improve on that view!

Thu, 06/21/2012 - 09:41 | 2546760 bagehot99
bagehot99's picture

I'm pretty new here, but do we have to tolerate a borderline-unhinged anti-Semite like Troll Magnet? Blaiming the Jews, really? Would things be better if the Aryans were running the show? Because Hank Paulson looks pretty Aryan to me, and he's a total fucking idiot. His mega-flip-flop on TARP (no 'Troubled Assets' ever actually purcahsed) is part of the reason we still have zombie TBTF banks roaming the planet, getting bigger and more useless. He should have broken up the biggies, and had an orderlly restructuring of insolvent banks - there are these things called bankruptcy courts that specialize in such activity. Or are they fulll of Joooos too, Troll Magnet?

Thu, 06/21/2012 - 09:58 | 2546843 Lebensphilosoph
Lebensphilosoph's picture

This is nothing new. From the 3rd Dynasty of Ur (2000 BC) to Medieval Venice to the familiar stories of Rome and the Ottoman Empire, the world is full of monuments to the past greatness of failed civilizations.

As though these also are turned to dust having followed the path laid out in your 'post'. These economic troubles are mere symptoms of decadence which are of themselves not enough to seal such a fate. No catastrophe will to see the end of a people and their culture but genocide, whether by the sword as in the Americas, or by the more usual way, in which a nation builds an empire, and the people of the empire supplant the nation. That the increasingly decadent Romans had declining birthrates and the upper classes were breeding themselves out of existence already in Octavian's time, such that legislation was passed in an attempt to remedy this, is well know. By the turn of the first century, Juvenal could already say of Rome's demography: “These dregs call themselves Greeks, but how small a portion is from Greece; the River Orantes has long flowed into the Tiber." In 197 Severus would become the first African emperor of Rome, and only fittingly so, with a third of the Senate coming from the provinces of Africa and Syria (see Mason Hammond's Composition of the Senate, A.D. 68-235). In 212 his loathsome son Caracalla would issue that absurdity known as the Constitutio Antoninia, by which all free men of the Imperium were to become citizens of Rome, and that is to say, Romans. The rest is, as they say, history, but by the time the Imperium had collapsed was legally ended, we must ask ourselves what actual Romans were left to warrant calling this a Roman empire of all things, rather than an Afro-Syrian and Germano-Celtic bastard of a failed experiment in multi-culturalism. Rome is no more because the Romans are no more.

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