Currency war goes global

Discussion in 'Latest Hip News Stories' started by midgardsun, Oct 6, 2010.

  1. midgardsun

    midgardsun Senior Member

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    Yes we know Max Keiser in our german economy forum he gets linked frequently.
    I remember he said that the financial crisis of 2008 was started by investigations in a banks drug money billions.
     
  2. wiccan_witch

    wiccan_witch Senior Member

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    Just got back from living in China for one and a half years. I know more than most of you what the Chinese mindset is like. :) Are you aware that all advertising agencies in China employ foreigners from outside China because that's how unable Chinese are to think creatively? China for almost the past 6000 years has had absolute rulers who dictated everything they did, then they got the CCP who washes them with constant waves of propaganda...these people DO NOT know how to think creatively, I never said it was their fault, I am telling you a basic fact. You should see their schooling system...in fact why don't you pop over there for a while too? :)
     
  3. mustlivelife

    mustlivelife Knows nothing!

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    So, the Chinese can't advertise... You may have me there. The fairly recent unexplained arrest of Ai We We (I don't know how to spell his name, the artist that made all those little porcelain seeds) is testament to creative spirits in China being oppressed. I honestly do not consider Western countries and the people in them creative, though. Any lack of creativity China has must surely be mirrored by most of the Western world. Of course, there is still a booming Chinese version of Hollywood, Jackie Chan being an ideological figurehead. Peking Opera. The sculptures and architecture in the forbidden city (and in other places). Rich cultures of dances, martial arts and other entertainments. I still think it's bloody-minded to brand the whole country and it's history as uncreative. In all honesty I would say Americans, the British, Irish, Spanish, German, French, Italian etc etc these days can not think creatively and don't show any signs of knowing how any time soon.

    Are you aware of the global patent situation?

    On another note: The latest Keiser Report KILLS IT!!! BLOWING THE LID ON THE BULLSHIT!!!https://www.youtube.com/watch?v=pudykXGTDtg"]Keiser Report: Bankers & Aliens (E175) - YouTube
     
  4. midgardsun

    midgardsun Senior Member

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    Same here in Germany the young people are being dumbed down so massively- I cant imagine a system more efficient in dumbing down than ours. Our young people get mostely dumbed down by the stupid american films, series, games- only translated into german.
     
  5. midgardsun

    midgardsun Senior Member

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  6. wiccan_witch

    wiccan_witch Senior Member

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    Sorry, have been out of town for a few days and didn't have a chance to respond to this post. I think I didn't explain myself very clearly. As you said the incredible history of poetry, art, architecture and opera in China is testament to the innovation and creativity they DID have. However, like in most cultures these achievements were the property of the educated and the elite...so far not too different to what was achieved in Europe. However the CCP, the Great Leap Forward and the Cultural Revolution has destroyed this innovation - seriously. Academics, artists, the educated were either murdered or sent to be 're educated' as peasants. Critical analysis, free thinking and innovation - these things were done away with, and have never come back. For example - Chinese ESL students routinely do badly in global English examinations like IELTS and GESE, because they lack the critical thinking skills and ability to think without pre determined parameters they are used to. This inability to think outside the square is especially bad in a country with a population size of China and can almost drive an outsider crazy. From the simplest things to purchasing items in their shops, booking train tickets, posting a parcel...and there is no reason why they should be done is such an time consuming, archaic way in this day and age in China. It would be so easy to update and change, but they just plain don't think of it.
    This is the fundamental difference between China and the West. Change IS coming in China but slowly, soooooo slowly. Too slowly for them to become the major superpower and world controller they constantly tell their people they are going to be.
    I might make a thread on modern Chinese culture at some point - as this thread isn't really the place for it. It is something that fascinates me, having been there...they are really one of life's last great mysteries, lol.
     
  7. midgardsun

    midgardsun Senior Member

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    Gold in the currency war

    http://news.goldseek.com/GATA/1315318140.php
     
  8. midgardsun

    midgardsun Senior Member

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  9. midgardsun

    midgardsun Senior Member

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  10. midgardsun

    midgardsun Senior Member

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    world economy entering a "dangerous phase"

    http://www.cnbc.com/id/44450547
     
  11. mustlivelife

    mustlivelife Knows nothing!

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    Not much financial news on the big news stations at the moment. As far as I saw, most things in the papers have been domestic economic issues, not much word on the global front.

    It will be interesting to watch the results of this "currancy war", If there are any. Apparently gold and silver are the alarm bells and they're definitely going off. The question, of course, is where will the Rothchilds stick their money pin next?

    Many recent conflicts (Libya and Iraq to name two) have strong indications to suggest that part of the overall trigger to the events were plans to ditch the dollar for many good reasons, the sorts of plans that most countries not in the EU and possibly commonwealth have also had in mind.

    Hugo Chavez has called for his gold to be in his country, not in London. South Korea bought some gold and were going to keep it in London last I heard. Whether or not South Korea moves its gold will indicate which side of the fight that it is on. China has been fleeing the dollar for some months now, almost as if to leave it high and dry in a desert of its own self-generated debt. DSK was talking about a "different" global reserve currency before he got hoodwinked.

    Oh, they'll keep fucking us with that dollar. That's what's doing it and everyone knows it, well everyone that matters knows it. But, like the banks that it bails out, the dollar seems to have entered the status of being "too big to fail". If global reserve currency does not mean the dollar, many big banks that control everything will crumble and the countries they were sucking on will go down with them until people realise that they need to change things. The dollar is the queen of the parasitic network of country-swallowing banks, injecting here fetid paper, complete with all-seeing-eye pyramid, into fresh hosts. The trouble is that these are the sorts of parasites that you might have to seriously damage the host in order to remove.

    We all know the fucking economy is a buch of made up shit, anyway. Steaming dog turds pressed into a jelly mould and slapped onto a plate for us to feed to ourselves and our children. Or perhaps we don't all know that, perhaps some of us actually have faith in what we call an economy, which might be quite likely because I hear there are a lot of idiots in the human race.
     
  12. RooRshack

    RooRshack On Sabbatical

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    Come on livelife, the dollar, and economy, COULD mean something.

    All it would take is a short period (less than a presidential term) of people in charge who wanted to fix things, instead of get themselves and their cronies filthy fucking rich and powerful.
     
  13. indydude

    indydude Senior Member

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    Banks cause debt. Without banks we wouldn't have debt. Not debt like we do when we need to buy houses and cars. You have to use a bank. Who can buy a car or house with cash? Banks are a necessary evil in our society. But what other choice is there? We used to have lay-away and Christmas and vacation Clubs. Don't see those anymore. They got eliminated in favor of credit cards. Most young people cant go to college without racking up huge student loans. Starting life out in massive debt. Hell, you cant get a phone or cable without signing a multi-year contract.
     
  14. midgardsun

    midgardsun Senior Member

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    financial Armageddon ahead
    http://dailybail.com/home/holy-bailout-federal-reserve-now-backstopping-75-trillion-of.html
     
  15. midgardsun

    midgardsun Senior Member

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  16. Fairlight

    Fairlight Banned

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    Why not just print gazillions of money and give it to everyone? That'll really fuck things up.Great!
     
  17. midgardsun

    midgardsun Senior Member

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    Yes thats what I wrote here some time ago as well. But they are already printing and giving to- the rich only. Those leave it on the banks in any country. Thats bad for our economy. If they printed that money and gave it to the poor, it would almost all end up in our economy:)
     
  18. Montreal-Mark

    Montreal-Mark Membre

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    I did in both situations.

    It depends on where you want to live and just how far you're willing to go to
    adapt.

    IF you look around you can find a home for a few thousand dollars.
    But you're going to have to give up the convience of a city.

    As for cars you can find them for as little as 100$ but you need to learn to
    fix it yourself.
     
  19. midgardsun

    midgardsun Senior Member

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    Europe: this would be the end of the game, worldwide financial meltdown ahead:
    http://www.zerohedge.com/contributed/four-facts-prove-efsf-doesn’t-matter…-all

    (If the dollar crashes before the euro then) maybe we will have another war in europe as the french president Sarkozy suggested recently
     
  20. WootMaster

    WootMaster Member

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    I've been telling my friends that China basically owns us...They never believe me though...but after reading this...I'm glad to have some back up
     

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