Godlike Productions - Conspiracy Forum
Users Online Now: 2,245 (Who's On?)Visitors Today: 1,547,150
Pageviews Today: 2,041,562Threads Today: 448Posts Today: 8,277
02:46 PM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

WTF !!! EXPERT: "I WOULD RECOMMEND YOU PANIC" (OVER THE EUROPEAN DEBT CRISIS)

 
Anonymous Coward
User ID: 940589
Mexico
05/30/2010 12:30 PM
Report Abusive Post
Report Copyright Violation
WTF !!! EXPERT: "I WOULD RECOMMEND YOU PANIC" (OVER THE EUROPEAN DEBT CRISIS)
[link to seekingalpha.com]

Hendry: 'I Would Recommend You Panic'


In this widely watched BBC video, Hugh Hendry of hedge fund Eclectica Management recommends the world panic over the ongoing European debt crisis and then the group debates whether perpetual bailouts and a much longer slowdown are preferable to a real purging of the system and a much shorter recession that would also see major reforms.


At about the 3 minute mark, you’ll hear Hendry call for the system to be purged,

Let’s take on a recession. It’s going to be tough. People are going to lose their jobs. They’re going to lose their jobs anyway. We can spread this over 20 years or we can get rid of it over 3 years.

It is somewhat bothersome (to me at least) that most mainstream economists – like Jeffrey Sachs in this clip – just dismiss this sort of talk out of hand, giving little of no consideration to the idea that there are fundamental flaws in the current system that can not be fixed
Anonymous Coward
User ID: 862727
United States
05/30/2010 12:37 PM
Report Abusive Post
Report Copyright Violation
Re: WTF !!! EXPERT: "I WOULD RECOMMEND YOU PANIC" (OVER THE EUROPEAN DEBT CRISIS)
PIN THIS!

EURO DOOM TONIGHT/TOMORROW.

WATCH!

damned
Anonymous Coward
User ID: 986721
Argentina
05/30/2010 01:21 PM
Report Abusive Post
Report Copyright Violation
Re: WTF !!! EXPERT: "I WOULD RECOMMEND YOU PANIC" (OVER THE EUROPEAN DEBT CRISIS)
PIN THIS!

EURO DOOM TONIGHT/TOMORROW.

WATCH!

damned
 Quoting: Anonymous Coward 862727



got gold?

got panic sex? charlie
Anonymous Coward (OP)
User ID: 940589
Mexico
05/30/2010 01:23 PM
Report Abusive Post
Report Copyright Violation
Re: WTF !!! EXPERT: "I WOULD RECOMMEND YOU PANIC" (OVER THE EUROPEAN DEBT CRISIS)
PIN THIS!

EURO DOOM TONIGHT/TOMORROW.

WATCH!

damned



got gold?

got panic sex? charlie
 Quoting: Anonymous Coward 986721


yes to Panic sex ....every day !! lol
Gold ?? no much ....so far !!
hiding
Anonymous Coward
User ID: 978129
United Kingdom
05/30/2010 01:25 PM
Report Abusive Post
Report Copyright Violation
Re: WTF !!! EXPERT: "I WOULD RECOMMEND YOU PANIC" (OVER THE EUROPEAN DEBT CRISIS)
panicking is EXACTLY what they want us to do.
Anonymous Coward
User ID: 687593
Sweden
05/30/2010 01:39 PM
Report Abusive Post
Report Copyright Violation
Re: WTF !!! EXPERT: "I WOULD RECOMMEND YOU PANIC" (OVER THE EUROPEAN DEBT CRISIS)
OK, I'm panicking now. What should I do next.
Anonymous Coward
User ID: 687593
Sweden
05/30/2010 01:41 PM
Report Abusive Post
Report Copyright Violation
Re: WTF !!! EXPERT: "I WOULD RECOMMEND YOU PANIC" (OVER THE EUROPEAN DEBT CRISIS)
Buy a motorcycle for your money and have some fun. That's what I do.
Anonymous Coward
User ID: 978129
United Kingdom
05/30/2010 01:41 PM
Report Abusive Post
Report Copyright Violation
Re: WTF !!! EXPERT: "I WOULD RECOMMEND YOU PANIC" (OVER THE EUROPEAN DEBT CRISIS)
OK, I'm panicking now. What should I do next.
 Quoting: Anonymous Coward 687593


break windows, loot, then patiently wait for the army to turn up.
Anonymous Coward
User ID: 968146
United States
05/30/2010 01:41 PM
Report Abusive Post
Report Copyright Violation
Re: WTF !!! EXPERT: "I WOULD RECOMMEND YOU PANIC" (OVER THE EUROPEAN DEBT CRISIS)
Buy a motorcycle for your money and have some fun. That's what I do.
 Quoting: Anonymous Coward 687593

bump
Corporal Jones
User ID: 986423
United Kingdom
05/30/2010 01:42 PM
Report Abusive Post
Report Copyright Violation
Re: WTF !!! EXPERT: "I WOULD RECOMMEND YOU PANIC" (OVER THE EUROPEAN DEBT CRISIS)
so long as that is all i have do, i can panic with the best of them, just don't expect me to help pay for all this shit.

scream
Zan

User ID: 976378
Finland
05/30/2010 01:42 PM
Report Abusive Post
Report Copyright Violation
Re: WTF !!! EXPERT: "I WOULD RECOMMEND YOU PANIC" (OVER THE EUROPEAN DEBT CRISIS)
Panic! , not. euro crashes. so what., there's plenty of food in the woods. water in the nature is pure and consumable. thats enough for me
<3 hrhr ;p
Anonymous Coward
User ID: 913496
United States
05/30/2010 01:43 PM
Report Abusive Post
Report Copyright Violation
Re: WTF !!! EXPERT: "I WOULD RECOMMEND YOU PANIC" (OVER THE EUROPEAN DEBT CRISIS)
Hendry's "panic" refers to investors and governments. Dare I say it, he doesn't care what the rest of us do or don't do.

Sachs wants all of us (Greeks, and US and UK) to pay taxes, more or less forever, to "service" our respective debts.

Hendry thinks that won't work, at least with Greece. Intuitively, he thinks the debt is too high, the population cannot be yoked to such taxes, their productivity cannot be raised so high, and so creditors will have to see some default. For bondholders, that's "panic".

I don't even see why it has to involve losing jobs, but then I'm not sure quite what mechanism he has in mind.

It's obvious that Sachs gets no respect. From the financial industry, academics never get respect. Academics are usually wrong when it comes to investing.
Demode

User ID: 985840
Serbia
05/30/2010 01:45 PM
Report Abusive Post
Report Copyright Violation
Re: WTF !!! EXPERT: "I WOULD RECOMMEND YOU PANIC" (OVER THE EUROPEAN DEBT CRISIS)
I don't give a shit. In my country doom rulez for the last 20 years.

I got used to it.


I'm bit scared for the spoiled asses in West though.
Tulk

User ID: 975289
United States
05/30/2010 01:46 PM
Report Abusive Post
Report Copyright Violation
Re: WTF !!! EXPERT: "I WOULD RECOMMEND YOU PANIC" (OVER THE EUROPEAN DEBT CRISIS)
That Jeffery Sachs character is exactly the type that is the problem.

Why do derivatives, Wall Street, etc., even need to exist? They don't. That's monetary capitalism, that's fraud.

Hugh Hendry was right, the system is over; we need to purge the worldwide financial system, and go to physical capitalism.
Demode

User ID: 985840
Serbia
05/30/2010 01:46 PM
Report Abusive Post
Report Copyright Violation
Re: WTF !!! EXPERT: "I WOULD RECOMMEND YOU PANIC" (OVER THE EUROPEAN DEBT CRISIS)
Panic! , not. euro crashes. so what., there's plenty of food in the woods. water in the nature is pure and consumable. thats enough for me



maybe where you live..
 Quoting: ^TrInItY^


It's were I live too. Return to the nature.
Anonymous Coward
User ID: 986103
United States
05/30/2010 01:46 PM
Report Abusive Post
Report Copyright Violation
Re: WTF !!! EXPERT: "I WOULD RECOMMEND YOU PANIC" (OVER THE EUROPEAN DEBT CRISIS)
OK, I'm panicking now. What should I do next.

Buy a motorcycle for your money and have some fun. That's what I do.
 Quoting: Anonymous Coward 687593

Answering yourself...

That's a little nutty.
Zan

User ID: 976378
Finland
05/30/2010 01:48 PM
Report Abusive Post
Report Copyright Violation
Re: WTF !!! EXPERT: "I WOULD RECOMMEND YOU PANIC" (OVER THE EUROPEAN DEBT CRISIS)
Panic! , not. euro crashes. so what., there's plenty of food in the woods. water in the nature is pure and consumable. thats enough for me



maybe where you live..


It's were I live too. Return to the nature.
 Quoting: Demode


There are endless lands of wilderness everywhere you go around the europe. people have lived too long in the cities and forgot about the fact that there are still space outside the city border.
<3 hrhr ;p
Anonymous Coward (OP)
User ID: 940589
Mexico
05/30/2010 01:49 PM
Report Abusive Post
Report Copyright Violation
Re: WTF !!! EXPERT: "I WOULD RECOMMEND YOU PANIC" (OVER THE EUROPEAN DEBT CRISIS)
Panic! , not. euro crashes. so what., there's plenty of food in the woods. water in the nature is pure and consumable. thats enough for me
 Quoting: Zan


Address please ?? Wait !!! you live In Europe , forget it !!

chuckle
Anonymous Coward
User ID: 978129
United Kingdom
05/30/2010 01:49 PM
Report Abusive Post
Report Copyright Violation
Re: WTF !!! EXPERT: "I WOULD RECOMMEND YOU PANIC" (OVER THE EUROPEAN DEBT CRISIS)
Panic! , not. euro crashes. so what., there's plenty of food in the woods. water in the nature is pure and consumable. thats enough for me



maybe where you live..


It's were I live too. Return to the nature.


There are endless lands of wilderness everywhere you go around the europe. people have lived too long in the cities and forgot about the fact that there are still space outside the city border.
 Quoting: Zan


yeah, and just wait till thousands, or perhaps even millions, get the SAME idea

we'll see how that squirrel divides up then.
Anonymous Coward
User ID: 961432
United States
05/30/2010 01:53 PM
Report Abusive Post
Report Copyright Violation
Re: WTF !!! EXPERT: "I WOULD RECOMMEND YOU PANIC" (OVER THE EUROPEAN DEBT CRISIS)
Wait Cap and Trade will fix this (carbon taxes).

National Health Care will fix this.

Unlimited government spending will fix this.

Allowing banks to do fraudulent accounting will fix this.

Allowing unlimited unemployment insurance will fix this.

Opening the borders will fix this.

A New World Order will fix this.

Not.
Zan

User ID: 976378
Finland
05/30/2010 01:58 PM
Report Abusive Post
Report Copyright Violation
Re: WTF !!! EXPERT: "I WOULD RECOMMEND YOU PANIC" (OVER THE EUROPEAN DEBT CRISIS)
Panic! , not. euro crashes. so what., there's plenty of food in the woods. water in the nature is pure and consumable. thats enough for me



maybe where you live..


It's were I live too. Return to the nature.


There are endless lands of wilderness everywhere you go around the europe. people have lived too long in the cities and forgot about the fact that there are still space outside the city border.


yeah, and just wait till thousands, or perhaps even millions, get the SAME idea

we'll see how that squirrel divides up then.
 Quoting: Anonymous Coward 978129


Yes i know, i thought of that aswell. people fighting over the land in which they could eat or drink. i think people would fall back to the idea of "helping one another" like they did after WW2.

Humans are not evil by default. atleast i like to think we're good of heart.
<3 hrhr ;p
Anonymous Coward
User ID: 986449
Spain
05/30/2010 02:20 PM
Report Abusive Post
Report Copyright Violation
Re: WTF !!! EXPERT: "I WOULD RECOMMEND YOU PANIC" (OVER THE EUROPEAN DEBT CRISIS)
why do I get the feeling the msm is purposely whipping the dead horse trying to scare monger europe into a deep economical quagmire?
the best way to create an economical crisis is by creating economical panic by pumping doomj news 24/7 , the public looses confidence and tightenes purse strings, people panic and start selling and in no time you hace created a crisis where there wasnt initially one at all
Levski
User ID: 528739
United States
05/30/2010 02:23 PM
Report Abusive Post
Report Copyright Violation
Re: WTF !!! EXPERT: "I WOULD RECOMMEND YOU PANIC" (OVER THE EUROPEAN DEBT CRISIS)
I don't give a shit. In my country doom rulez for the last 20 years.

I got used to it.


I'm bit scared for the spoiled asses in West though.
 Quoting: Demode


Hvala lepo!
Anonymous Coward
User ID: 519048
Netherlands
05/30/2010 02:24 PM
Report Abusive Post
Report Copyright Violation
Re: WTF !!! EXPERT: "I WOULD RECOMMEND YOU PANIC" (OVER THE EUROPEAN DEBT CRISIS)
This chart of who owes who (country to country) within the EU zone is just amazing and very telling, not to mention Moody's recent warnings:

With Moody's signaling that numerous UK countries have huge debt problems, including the UK, Spain, Italy, Ireland and Portugal; which nations are at the largest risk? Check out this chart of who owes who what:
[link to newsusa.myfeedportal.com]

Basically, all it takes is one or two more 'blips' and this will likely end badly.
teamster

User ID: 878454
United States
05/30/2010 02:27 PM
Report Abusive Post
Report Copyright Violation
Re: WTF !!! EXPERT: "I WOULD RECOMMEND YOU PANIC" (OVER THE EUROPEAN DEBT CRISIS)
Hey, lets all just forgive all debts world wide for everyone and start all over again. What you have you now own debt free.
.
This is a must see video......This woman describes why we have, and should protect our second amendment.
[link to video.google.com]
.
.
Rights do not require government registration, certification, or approval, and are not subject to any form of taxation — otherwise they are not rights, they are privileges granted at the discretion of the government, controlled by the government, and revocable by the government. By Brian Puckett.
[link to www.geoffmetcalf.com]
2010

User ID: 986238
Germany
05/30/2010 02:29 PM
Report Abusive Post
Report Copyright Violation
Re: WTF !!! EXPERT: "I WOULD RECOMMEND YOU PANIC" (OVER THE EUROPEAN DEBT CRISIS)
Hey, lets all just forgive all debts world wide for everyone and start all over again. What you have you now own debt free.
 Quoting: teamster


that would be unfair. Everyone would get in debt even more after this free-money. The banks and states have to pay hard for this, let them bleed.
2010

User ID: 986238
Germany
05/30/2010 02:31 PM
Report Abusive Post
Report Copyright Violation
Re: WTF !!! EXPERT: "I WOULD RECOMMEND YOU PANIC" (OVER THE EUROPEAN DEBT CRISIS)
a few years ago the free market and the invisible hand could have balanced this out (after a few years of hard depression) but now its way too late. The whole capitalist system has failed and you know it.
Anonymous Coward (OP)
User ID: 940589
Mexico
05/30/2010 02:32 PM
Report Abusive Post
Report Copyright Violation
Re: WTF !!! EXPERT: "I WOULD RECOMMEND YOU PANIC" (OVER THE EUROPEAN DEBT CRISIS)
why do I get the feeling the msm is purposely whipping the dead horse trying to scare monger europe into a deep economical quagmire?
the best way to create an economical crisis is by creating economical panic by pumping doomj news 24/7 , the public looses confidence and tightenes purse strings, people panic and start selling and in no time you hace created a crisis where there wasnt initially one at all
 Quoting: Anonymous Coward 986449


The doom is cooked my friend !!
The question is : do people know this ?? no many !! so they need to everyone know that in order to accept the NWO , etc !!

If MSM is not good enough..... the new Oliver Stone movie : "Wall Street , Money Never Sleeps" is coming in order to help to inform and convince about the new financial drama to Americans.... ...people living in denial is not good for TPTB !!
Everything is set ...in place and in time ...no random events !!
hiding
Anonymous Coward
User ID: 986449
Spain
05/30/2010 02:34 PM
Report Abusive Post
Report Copyright Violation
Re: WTF !!! EXPERT: "I WOULD RECOMMEND YOU PANIC" (OVER THE EUROPEAN DEBT CRISIS)
why do I get the feeling the msm is purposely whipping the dead horse trying to scare monger europe into a deep economical quagmire?
the best way to create an economical crisis is by creating economical panic by pumping doomj news 24/7 , the public looses confidence and tightenes purse strings, people panic and start selling and in no time you hace created a crisis where there wasnt initially one at all


The doom is cooked my friend !!
The question is : do people know this ?? no many !! so they need to everyone know that in order to accept the NWO , etc !!

If MSM is not good enough..... the new Oliver Stone movie : "Wall Street , Money Never Sleeps" is coming in order to help to inform and convince about the new financial drama to Americans.... ...people living in denial is not good for TPTB !!
Everything is set ...in place and in time ...no random events !!
hiding
 Quoting: Anonymous Coward 940589

indeed
countries have always been in debt the difference now is that someone is stirring it up and pulling the carpet trying to create panic and doom
but try and tell the sheeple that they are being manipulated
Anonymous Coward
User ID: 986449
Spain
05/30/2010 02:37 PM
Report Abusive Post
Report Copyright Violation
Re: WTF !!! EXPERT: "I WOULD RECOMMEND YOU PANIC" (OVER THE EUROPEAN DEBT CRISIS)
Remember the swine flu? ahhhh panic said world media, revving it up, get your vaccines, guess what not enough, of course you say not enough and that triggers most sheeple to want them if they didnt want them before, and panic was created
same with the economy now imo
Anonymous Coward (OP)
User ID: 940589
Mexico
05/30/2010 02:39 PM
Report Abusive Post
Report Copyright Violation
Re: WTF !!! EXPERT: "I WOULD RECOMMEND YOU PANIC" (OVER THE EUROPEAN DEBT CRISIS)

News








We're dropping truth bombs like it's the end of days!