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Holy Crap EU Euro Rescue Plan Now Up To A Mind Blowing $962 Billion Dollars!!! Pin! This Is Epic!!!

 
Matrix
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Australia
05/10/2010 12:11 AM
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Re: Holy Crap EU Euro Rescue Plan Now Up To A Mind Blowing $962 Billion Dollars!!! Pin! This Is Epic!!!
The only way to get out of debt, is to get into more debt wtf
Anonymous Coward
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United States
05/10/2010 12:14 AM
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Re: Holy Crap EU Euro Rescue Plan Now Up To A Mind Blowing $962 Billion Dollars!!! Pin! This Is Epic!!!
Looks like all their bets have come due. None of their money is real, people haven't got jobs, so they don't spend and spending is what hold most of the economies up. The U.S.A. the spending by people is 70% of the economy and if you don't get paid a good salary, you don't pay as large of the taxes. You only pay taxes when you buy stuff or pay utility taxes. IMF controls how many people work and that should make anyone mad.

The world is falling a part because of stupid greedy people. I hope they enjoy the panic that ensues.
Anonymous Coward
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05/10/2010 12:56 AM
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Re: Holy Crap EU Euro Rescue Plan Now Up To A Mind Blowing $962 Billion Dollars!!! Pin! This Is Epic!!!
er....where is all the money actually gonna come from?
The Chef (OP)

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05/10/2010 12:56 AM
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Re: Holy Crap EU Euro Rescue Plan Now Up To A Mind Blowing $962 Billion Dollars!!! Pin! This Is Epic!!!
What a great idea.

I think I will buy some of my debt tomorrow so I don't have pay my debts when they are due.

What a great scheme lol.
Anonymous Coward
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United Kingdom
05/10/2010 01:01 AM
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Re: Holy Crap EU Euro Rescue Plan Now Up To A Mind Blowing $962 Billion Dollars!!! Pin! This Is Epic!!!
er....where is all the money actually gonna come from?
 Quoting: Anonymous Coward 960943




uh... it is not coming from anywhere and won't come from anywhere ever. It is all fiat and will go poof when the GREAT WAR breaks out and nukes are lobbed onto every continent.
Anonymous Coward
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05/10/2010 01:12 AM
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Re: Holy Crap EU Euro Rescue Plan Now Up To A Mind Blowing $962 Billion Dollars!!! Pin! This Is Epic!!!
Full speed ahead...........into a brick wall.
Anonymous Coward
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Malaysia
05/10/2010 01:26 AM
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Re: Holy Crap EU Euro Rescue Plan Now Up To A Mind Blowing $962 Billion Dollars!!! Pin! This Is Epic!!!
One of the Doctor Doom economists said that when a country starts to buy their own bonds then the collapse is inevitable.

I can't remember who said it but not only is the EU bailing out the Euro on top of it all they will be buying their own bonds.





Thank you for putting it in an easy-to-understand way, and that's essentially what is happening.

Europe does NOT have anything to guarantee their own Euros, just like America does NOT have anything to back up their own greenbacks.

Even if they used up all their gold reserve it still ain't gonna be enough.




Wasn't the Euro backed by gold?
 Quoting: Anonymous Coward 700610





Question is: Are you sure Europ is backed by GOLD ??
Anonymous Coward
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Malaysia
05/10/2010 01:32 AM
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Re: Holy Crap EU Euro Rescue Plan Now Up To A Mind Blowing $962 Billion Dollars!!! Pin! This Is Epic!!!
What a great idea.

I think I will buy some of my debt tomorrow so I don't have pay my debts when they are due.

What a great scheme lol.
 Quoting: The Chef





Even greater scheme is I do not even need to write a check to buy up all my debts.

Everything is provided for.

As if all the things we do, all the products we produced, all the GNP and GDP and salary and expenses do not matter.
Anonymous Coward
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05/10/2010 01:40 AM
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Re: Holy Crap EU Euro Rescue Plan Now Up To A Mind Blowing $962 Billion Dollars!!! Pin! This Is Epic!!!
er....where is all the money actually gonna come from?
 Quoting: Anonymous Coward 960943


They need 1 trillion. Did you notice the weird stock market glitch that took a trillion out of the market and then changed hands the other day?
Anonymous Coward
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05/10/2010 01:47 AM
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Re: Holy Crap EU Euro Rescue Plan Now Up To A Mind Blowing $962 Billion Dollars!!! Pin! This Is Epic!!!
I want my billion. IF the elite banksters are just gonna print up money I want my billion. NOw!
Anonymous Coward
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United States
05/10/2010 01:49 AM
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Re: Holy Crap EU Euro Rescue Plan Now Up To A Mind Blowing $962 Billion Dollars!!! Pin! This Is Epic!!!
This is serious.

This has to be bigger than just Greece to cause this.

Something else must be near collapse.

Maybe the UK?


Europe2020 predicted this would happen, the result of this will destroy a majority of hedgefunds in America overnight...all of those bets by goldman and co are going to go bad...brace yourselves tommorows market will have unexpected losers...greece was attacked by america but ECB/Europe just struck back.
 Quoting: He Who Walks Behind the Rows 965754


So our country's financial elite stand to loose untold trillions, yet they are the ones sabotaging the same markets that will break them? Either completely wrong, or it fits nicely with destroyed by design theory. Goodbye nation states, hello world government/currency.
Anonymous Coward
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05/10/2010 01:50 AM
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Re: Holy Crap EU Euro Rescue Plan Now Up To A Mind Blowing $962 Billion Dollars!!! Pin! This Is Epic!!!
I want my billion. IF the elite banksters are just gonna print up money I want my billion. NOw!
 Quoting: Anonymous Coward 956505


You'll get your billions, and then you can spend your new found fortunes on a loaf of bread.
Anonymous Coward
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05/10/2010 01:50 AM
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Re: Holy Crap EU Euro Rescue Plan Now Up To A Mind Blowing $962 Billion Dollars!!! Pin! This Is Epic!!!
er....where is all the money actually gonna come from?


They need 1 trillion. Did you notice the weird stock market glitch that took a trillion out of the market and then changed hands the other day?
 Quoting: Anonymous Coward 965046


And you do realize that that trillion is just digits that aren't really anything. But digits. And always were.

This money their passing around and playing was created out of thin air. Thankyou federal reserve banksters and their ablity to do what ever they want. Whenever they want. Their most difficult task is to come up with excuses on how they did the transactions.
Anonymous Coward
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United States
05/10/2010 01:51 AM
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Re: Holy Crap EU Euro Rescue Plan Now Up To A Mind Blowing $962 Billion Dollars!!! Pin! This Is Epic!!!
er....where is all the money actually gonna come from?


They need 1 trillion. Did you notice the weird stock market glitch that took a trillion out of the market and then changed hands the other day?
 Quoting: Anonymous Coward 965046


Everybody noticed, and the story will be swept under like the rest.
Anonymous Coward
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05/10/2010 01:53 AM
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Re: Holy Crap EU Euro Rescue Plan Now Up To A Mind Blowing $962 Billion Dollars!!! Pin! This Is Epic!!!
er....where is all the money actually gonna come from?


They need 1 trillion. Did you notice the weird stock market glitch that took a trillion out of the market and then changed hands the other day?


And you do realize that that trillion is just digits that aren't really anything. But digits. And always were.

This money their passing around and playing was created out of thin air. Thankyou federal reserve banksters and their ablity to do what ever they want. Whenever they want. Their most difficult task is to come up with excuses on how they did the transactions.
 Quoting: Anonymous Coward 956505


I'd say their most difficult task is finding ways to launder their money. It's not to difficult to come up with excuses for the cast of Idiocracy.
collective
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United States
05/10/2010 01:57 AM
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Re: Holy Crap EU Euro Rescue Plan Now Up To A Mind Blowing $962 Billion Dollars!!! Pin! This Is Epic!!!
Play the game with their rules - keep lots of cash ont he side and buy low - they can't let it come down forever...

Participate in the madness and we collectively can win.
Jackass

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05/10/2010 01:57 AM
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Re: Holy Crap EU Euro Rescue Plan Now Up To A Mind Blowing $962 Billion Dollars!!! Pin! This Is Epic!!!
chuckle

Does anyone on this site this stuff?

Can anyone look back to the past and do some math and see that it has been much worse in past in comparison and everything works out ok?

Does anyone understand that none of this shit means anything if Dec 2012 is real? chuckle

They can do this stuff non stop and it is not doom, they are doing it for a reason, for the future -

s226
Anonymous Coward
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05/10/2010 01:59 AM
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Re: Holy Crap EU Euro Rescue Plan Now Up To A Mind Blowing $962 Billion Dollars!!! Pin! This Is Epic!!!
One of the Doctor Doom economists said that when a country starts to buy their own bonds then the collapse is inevitable.

I can't remember who said it but not only is the EU bailing out the Euro on top of it all they will be buying their own bonds.





Thank you for putting it in an easy-to-understand way, and that's essentially what is happening.

Europe does NOT have anything to guarantee their own Euros, just like America does NOT have anything to back up their own greenbacks.

Even if they used up all their gold reserve it still ain't gonna be enough.




Wasn't the Euro backed by gold?

Well, sort of. The euro is backed with 15% gold reserves. Of coarse they probably don't have the gold reserves to even come close to 15%. I'm sure that the gold backing the euro consists of "paper" gold, in other words another form of fiat currency. Must be hard to keep the lie alive.



Question is: Are you sure Europ is backed by GOLD ??
 Quoting: Anonymous Coward 965938
Anonymous Coward
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Malaysia
05/10/2010 02:00 AM
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Re: Holy Crap EU Euro Rescue Plan Now Up To A Mind Blowing $962 Billion Dollars!!! Pin! This Is Epic!!!
er....where is all the money actually gonna come from?


They need 1 trillion. Did you notice the weird stock market glitch that took a trillion out of the market and then changed hands the other day?


And you do realize that that trillion is just digits that aren't really anything. But digits. And always were.

This money their passing around and playing was created out of thin air. Thankyou federal reserve banksters and their ablity to do what ever they want. Whenever they want. Their most difficult task is to come up with excuses on how they did the transactions.



I'd say their most difficult task is finding ways to launder their money.
 Quoting: Anonymous Coward 965421





How is it difficult?

It's all digital. Numbers with no real substance.

What is a Trillion, in digital form, in the whole scheme of things?
Anonymous Coward
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Malaysia
05/10/2010 02:02 AM
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Re: Holy Crap EU Euro Rescue Plan Now Up To A Mind Blowing $962 Billion Dollars!!! Pin! This Is Epic!!!
Play the game with their rules - keep lots of cash ont he side and buy low - they can't let it come down forever...

Participate in the madness and we collectively can win.
 Quoting: collective 891405




Problem is: How "low" is l_o_w ?

Do remember that they can come out with any amount of money and our supply of money is limited.

It is a no-win game if they decide to do us in.
Anonymous Coward
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United States
05/10/2010 02:03 AM
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Re: Holy Crap EU Euro Rescue Plan Now Up To A Mind Blowing $962 Billion Dollars!!! Pin! This Is Epic!!!
chuckle

Does anyone on this site this stuff?

Can anyone look back to the past and do some math and see that it has been much worse in past in comparison and everything works out ok?

Does anyone understand that none of this shit means anything if Dec 2012 is real? chuckle

They can do this stuff non stop and it is not doom, they are doing it for a reason, for the future -

s226
 Quoting: Jackass


Uh huh, and I'm sure as long as you keep your head in the sand everything will be ok. Just keep nervously replaying Bobby McFerrin's "Don't Worry, Be Happy" to yourself and all will be well.
Anonymous Coward
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05/10/2010 02:04 AM
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Re: Holy Crap EU Euro Rescue Plan Now Up To A Mind Blowing $962 Billion Dollars!!! Pin! This Is Epic!!!
This is serious.

This has to be bigger than just Greece to cause this.

Something else must be near collapse.
 Quoting: The Chef


AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH​
Anonymous Coward
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Netherlands
05/10/2010 02:12 AM
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Re: Holy Crap EU Euro Rescue Plan Now Up To A Mind Blowing $962 Billion Dollars!!! Pin! This Is Epic!!!
er....where is all the money actually gonna come from?
 Quoting: Anonymous Coward 960943


We the people.
Anonymous Coward
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05/10/2010 02:13 AM
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Re: Holy Crap EU Euro Rescue Plan Now Up To A Mind Blowing $962 Billion Dollars!!! Pin! This Is Epic!!!
er....where is all the money actually gonna come from?


They need 1 trillion. Did you notice the weird stock market glitch that took a trillion out of the market and then changed hands the other day?


And you do realize that that trillion is just digits that aren't really anything. But digits. And always were.

This money their passing around and playing was created out of thin air. Thankyou federal reserve banksters and their ablity to do what ever they want. Whenever they want. Their most difficult task is to come up with excuses on how they did the transactions.



I'd say their most difficult task is finding ways to launder their money.




How is it difficult?

It's all digital. Numbers with no real substance.

What is a Trillion, in digital form, in the whole scheme of things?
 Quoting: Anonymous Coward 965938


First off they have to decide how the money will be divided. Then they have to decide which accounts or front companies to funnel the money through. Then they have to figure out how to invest their money. I'm not saying it's rocket science, but keeping up an extremely complex lie is tough. As the gravity of the lie escalates, an exponential amount of new lies needs to be told to hide the original lie. A very balanced juggling act is required to keep the liars from being encased in their own web of lies.
Anonymous Coward
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05/10/2010 02:20 AM
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Re: Holy Crap EU Euro Rescue Plan Now Up To A Mind Blowing $962 Billion Dollars!!! Pin! This Is Epic!!!
er....where is all the money actually gonna come from?
 Quoting: Anonymous Coward 960943


From you and I. Through the loss of the buying power of the worlds populations. Don't worry, they are just giving us the problem that they created in order to role out their solution. A global bank/currency will be their answer to the problem they intentionally created.
Anonymous Coward
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Germany
05/10/2010 02:21 AM
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Re: Holy Crap EU Euro Rescue Plan Now Up To A Mind Blowing $962 Billion Dollars!!! Pin! This Is Epic!!!
Germany to guarantee for all european debts.

Money doesn't matter anymore. The rescue plan is 750 billion Euros, that's roughly 1500 Euro per EU-citizen.

And the markets rally? This guys are so mindfucked...

For 2 years the only way to fight the debt crisis is to make more and more debts.

Our childrens will hate us for what we do to them. They will grow up in a world without any hope.

It took us 20 years to completely destroy our environment, our economy and our future. And our childrens will have to pay for this.
Harmonics

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Sweden
05/10/2010 02:31 AM
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Re: Holy Crap EU Euro Rescue Plan Now Up To A Mind Blowing $962 Billion Dollars!!! Pin! This Is Epic!!!
This is serious.

This has to be bigger than just Greece to cause this.

Something else must be near collapse.
 Quoting: The Chef


Well yes, Spain. I read somewhere that Spain would need around $500bn compare to the 130 that Greece needed. In essence that means that the EU couldn't bail out Spain like they did with Greece. So they fired up the money presses, that's the "holy shit we have no idea what to do so let's BUY some time" Sadly, it's on the peoples expenses because this will cause inflation in the long run, I'll try to find out by what amount they just expanded they money base a lil later.

Oh and by the way, this is fascism once again, they are bailing out the speculative finance industry, and thus, this will only FUEL speculation, because now the "Wolf Pack" that they claim to be fending off will know that there is an infinite amount of money to be stolen on the taxpayers backs.

horn
Anonymous Coward
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Malaysia
05/10/2010 02:36 AM
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Re: Holy Crap EU Euro Rescue Plan Now Up To A Mind Blowing $962 Billion Dollars!!! Pin! This Is Epic!!!
Germany to guarantee for all european debts.

Money doesn't matter anymore. The rescue plan is 750 billion Euros, that's roughly 1500 Euro per EU-citizen.
 Quoting: Anonymous Coward 966087





May I know in what form the collateral Germany is using to guarantee all the European debts?

It is easy to say "I guarantee it", but where is the collateral?

If it's 1500 Euro per EU-citizen, it would be even more if the whole thing falls onto the citizen of Germany.

How are you guys (I mean the Germans) going to cough up so much money???

There are so many more questions I want to ask !!!




And the markets rally? This guys are so mindfucked...

For 2 years the only way to fight the debt crisis is to make more and more debts.

Our childrens will hate us for what we do to them. They will grow up in a world without any hope.

It took us 20 years to completely destroy our environment, our economy and our future. And our childrens will have to pay for this.
 Quoting: Anonymous Coward 966087





To what extend the German people agree with the German leaders in guaranteeing ALL the European debt?

Why should Germany be the only one burden by the whole thing?

Shouldn't other countries, particularly those which fucked up (like Greece, for example), be responsible for their own failing?

Oh boy, do I have questions .... !!!
Anonymous Coward
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United States
05/10/2010 02:37 AM
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Re: Holy Crap EU Euro Rescue Plan Now Up To A Mind Blowing $962 Billion Dollars!!! Pin! This Is Epic!!!
This is serious.

This has to be bigger than just Greece to cause this.

Something else must be near collapse.


Well yes, Spain. I read somewhere that Spain would need around $500bn compare to the 130 that Greece needed. In essence that means that the EU couldn't bail out Spain like they did with Greece. So they fired up the money presses, that's the "holy shit we have no idea what to do so let's BUY some time" Sadly, it's on the peoples expenses because this will cause inflation in the long run, I'll try to find out by what amount they just expanded they money base a lil later.

Oh and by the way, this is fascism once again, they are bailing out the speculative finance industry, and thus, this will only FUEL speculation, because now the "Wolf Pack" that they claim to be fending off will know that there is an infinite amount of money to be stolen on the taxpayers backs.

horn
 Quoting: Harmonics


Mussolini would prefer you call it corporatism.
Anonymous Coward
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05/10/2010 02:39 AM
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Re: Holy Crap EU Euro Rescue Plan Now Up To A Mind Blowing $962 Billion Dollars!!! Pin! This Is Epic!!!
Germany to guarantee for all european debts.



To what extend the German people agree with the German leaders in guaranteeing ALL the European debt?

Why should Germany be the only one burden by the whole thing?

Shouldn't other countries, particularly those which fucked up (like Greece, for example), be responsible for their own failing?

Oh boy, do I have questions .... !!!
 Quoting: Anonymous Coward 965938


Germany will become the sacrificial lamb once again.

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