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Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse

 
Anonymous Coward
User ID: 1474673
United States
07/19/2011 11:50 PM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
This is not the being of a plan for the NWO, the nwo has been in effect and has affected the economies since George Bush the first was president. They tied all our economics together ever since.

Now the dominoes will fall, one falls then all the rest follow.
I don't think the NWO was such a good idea.

Then again that is part of another plan.
Elenin

User ID: 1468191
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07/20/2011 12:00 AM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
No way on this earth will this ever be allowed to happen because of the implications of violent riots and mass mayhem , thi will and cannot happen take my owrd for it when they come to an agrement by thursday or at least on thursday, your making something out of nothing fucking retard. TAKE HEED THIS WILL AND CANNOT BE POSSIBLE AND WON'T HAPPEN ITS ALREADY BEEN SORTED BUT THE NEWS AS YET TO BE RELEASED TO YOU ARSEHOLES THE SHEEPLE, TRUST ME I KNOW WATCH AND SEE AND THEN COME BACK AND SAY I WAS RIGHT , GOD YOUR SUCH MORONS.
 Quoting: Anonymous Coward 1474120


It can happen they are actually causing it to happen by their Keynesian economic ponzi scheme. The average life span of a fiat currency is about 78 years and then they crash and are worthless, so we are way overdue.
 Quoting: WOMAN WHO RUNS W/ WOLVES


Unless they buy time through scaring the shit out of us...

America’s Current Economic Problems Invite Attack

“So you can understand why Al Qaeda, or any other terrorist organization motivated by the jihadist ideology, would see that America is highly vulnerable right now – perhaps more than it’s ever been - to an attack or attacks the impact or direct effect [of which] would be further depression of the US’s economy,” one of the counterterrorism officials said.

The other officials interviewed agreed. One explained: “Al Qaeda probably has never had a better point in time for attacking us in a way that would hit us hard economically.”

“And what’s scary is that that it can be any kind of attack," the official continued. "Certainly a catastrophic, mass casualty attack would have a dramatic impact on the economy, but so, too, would a coordinated small cell attack with automatic weapons at major amusement parks across the country.”

“Can you imagine what would happen if Disney’s amusement parks in Florida were attacked?” asked Laura Hains, a ranking Customs and Border Protection officer when she retired in 2008. “Florida’s economy would collapse.”


[link to www.hstoday.us]

Last Edited by Elenin on 07/20/2011 12:03 AM
Luvapottamus

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07/20/2011 12:05 AM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
This is all so stupid. PIIGS.

If the Greeks, and Spanish, and Portugal, Ireland etc, are "lazy", and we can throw in another stereotype, drunks, they're probably DAMN good at it.
 Quoting: Luvapottamus


[link to stats.oecd.org]
 Quoting: Anonymous Coward 1474592


Damn. The Chilean people are some harworking mofo's
 Quoting: General Troll, US Shillitary


clappa
"A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyze a new problem, pitch manure, program a computer, cook a tasty meal, fight efficiently, die gallantly. Specialization is for insects."
- Robert Heinlein, Time Enough for Love
Anonymous Coward
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Argentina
07/20/2011 12:31 AM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
This is all so stupid. PIIGS.

If the Greeks, and Spanish, and Portugal, Ireland etc, are "lazy", and we can throw in another stereotype, drunks, they're probably DAMN good at it.
 Quoting: Luvapottamus


[link to stats.oecd.org]
 Quoting: Anonymous Coward 1474592


Damn. The Chilean people are some harworking mofo's
 Quoting: General Troll, US Shillitary


no they're not, they're a bunch of cry babies
Anonymous Coward
User ID: 1145382
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07/20/2011 12:32 AM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
You gotta love TPTB. A real one-trick pony, recycling the same pathetic power plays over & over & over again.

I'm no economist & I don't think I need to be, because here's what I think is happening...

The European Union & single currency were designed by the same club of greedy nihilistic psychopaths that gave us WWI, WWII etc. It was clear even to a total retard that lumping all of the wildly different economies of Europe into the same shitty basket would have one outcome... an unworkable & ultimately catastrophic failure. And that is exactly what is happening, right on schedule & according to plan.

Why? To create total chaos (Ordo Ab Chao isn't just some hoodoo- voodoo Cabalistic saying); they want total financial collapse not just of the European market but of the US & Far Eastern economies too. The only way to topple the the latter two is by driving a wedge into the works aka the Euro. This has the specific purpose of shaking up the status quo & resetting what they knew from the beginning would inevitably become a grossly bloated debt system (by design, to make money, secure natural resources & keep the working masses occupied with survival while scientific advances are made)

At the point we have reached now, there is only one way to go... bust. Throw all the pieces in the hat again, give them a shake, set each of us against the other & reap the profits of the ensuing war. And mark my words... a war there will be! That is also part of the plan... to reduce the similarly bloated numbers of people on the planet.

I really hope there are plenty of Chinese & Russians reading this, because we in the West can bet our asses that they are being set up too... as the enemy in the next fictitious war. Me, I refuse to play! And neither should you that are reading this.
 Quoting: Anonymous Coward 993497


You're right, there will definitely be war. WW III is coming soon, imo.
Anonymous Coward
User ID: 1474719
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07/20/2011 12:46 AM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
Pin this! The Telegraph is probably the most serious, straight-laced and respected newspaper in the world.
 Quoting: Anonymous Coward 1371719

cruise

STFU. Seriously!
 Quoting: Anonymous Coward 1472082


mur(derer)dock is that you?
Anonymous Coward
User ID: 1257241
Australia
07/20/2011 12:49 AM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
If war creates between who?
Anonymous Coward
User ID: 1474719
United States
07/20/2011 12:55 AM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
Please extinguish your cigarettes at this time, and return your seats and trays to their fully upright and locked position...
 Quoting: Least Servant


we are landing? or crashing?
bozz723

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07/20/2011 01:08 AM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
We have heard this every day for the past two or three years.
Anonymous Coward
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07/20/2011 01:13 AM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
Fuck you Ponzi Scheme, FUCK YOU!

skull_fing
 Quoting: The Ponz 1454332

you do realize that a guy named ponzi started it all
Strut1eleven

User ID: 1474746
Australia
07/20/2011 01:16 AM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
Looks like this is it, folks. Full-scale systemic economic collapse may have just started. I would very much appreciate it if this thread was kept open for serious discussion.

Just out, 45 minutes ago, From Ambrose Evans Pritchard of the London Daily Telegraph, (Ambrose Evans-Pritchard is International Business Editor of The Daily Telegraph. He has covered world politics and economics for 30 years, based in Europe, the US, and Latin America. He joined the Telegraph in 1991, serving as Washington correspondent and later Europe correspondent in Brussels).

[link to www.telegraph.co.uk]

Only Germany can save EMU as contagion turns systemic

'...Europe's leaders have finally run out of time. If they fail to agree on some form of debt pooling and shared fiscal destiny at Thursday's emergency summit, they risk a full-fledged run on South Europe's bond markets and a disorderly collapse of monetary union...'

'...The International Monetary Fund said there is now "serious risk" of eurozone contagion with "large" potential knock-on effects worldwide. "Market participants remain unconvinced that a sustainable solution is at hand," it said.

Suki Mann from Societe Generale caught the mood in a note to clients, asking whether it is "all over". "Eurozone politicians don't – or don't want to – understand that the eurozone as we know it is on the precipice. Greece appears beyond repair, Italy is on the brink, and the chances are that the euro might be no more very soon," he said.

RBS fears that Europe is on the cusp of "system-wide convulsion" after yields on Spanish 10-year bonds reached post-EMU records of 6.34pc this week, and Italian yields topped 6pc. "We believe that Spain has entered the danger zone for yield levels," said Harvender Sian, the bank's credit strategist, who fears the "point-of-no-return" may be 6.5pc. "Given that Spain [and likely soon Italy] has entered this territory, there is a growing risk that a large systemic risk event is plausible in the near term and if not then in a matter of weeks."

The bank has called for a bail-out fund with €2 trillion of full lending power to stabilise the system, even if this risks pushing German debt levels above 110pc of GDP and causing apoplexy in the Bundestag.

The bond fund Pimco has its own idea: throwing Greece, Ireland and Portugal to the wolves, and concentrating €1 trillion in "overwhelming force" to defend Spain and Italy. That major players should utter such thoughts shows how fast events are moving.

For 18 months the EU has treated the serial crises on the EMU margins as liquidity headaches. It hoped that time would slowly lift the distressed debtors off the reefs, while the penal terms of "Ultima Ratio" attached to bailout loans would deter other EMU states from seeking help. "Shock and Awe" rhetoric would do the rest.

The strategy has failed because it did not acknowledge that the deeper crisis is a North-South structural gap that has left half the eurozone with variants of 1930s debt-deflation, a condition that cannot be solved by austerity measures or by any one country alone.

"We are approaching the endgame for this part of the European sovereign crises: the number of cans that now need kicking down the road would challenge the left foot of Lionel Messi," said Gary Jenkins from Evolution Securities. "The chances are that the EU will only take the step of fiscal union or common bond issuance at one minute to midnight on a weekend when it is clear that the system is close to collapse." ...'

For more, see link above

If you're in Europe, I recommend you get your savings somewhere safe right now.
 Quoting: Intentionally Blank


Wait for a retrace then buy silver. and Go short the Euro. What a great opportunity this is , not only to make money but also to see the ushering in of a Resource Based Economy.

See The Venus Project for an outline of a successful Resource Based Economy.
[link to www.thevenusproject.com]
Death is always around the corner, but often our society gives it inordinate help.
Carter Burwell

Some men are alive simply because it is against the law to kill them.
Edward W. Howe
Anonymous Coward
User ID: 1474719
United States
07/20/2011 01:18 AM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
Probably should start Googling such phrases as "fuedal" "Knights in shining armour" "peasants" "serfs" "lord of the manor" and such.

The second born, usually unentitled sons, of the above settled the "Americas".

No offense to King George and Queen Elizabeth and all the other European reigning royalty...god bless their grasping little souls, but he was a first-born...as were the rest of the royals who reign. I think they are all German-Austrian born...Hapsburgs...or relics of same.
 Quoting: Anonymous Coward 1100144


Them all looted the rest of the world for past four centuries. History is always a BIG cycle and Karma is a real biatch.

Bend over is all I can say.
 Quoting: Anonymous Coward 1362384


O BAMA Is that you?
Anonymous Coward
User ID: 1041900
United States
07/20/2011 01:24 AM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
And the markets don't care.

[link to www.bloomberg.com]
Gunnz, Lotz Of Gunnz
User ID: 1474757
Australia
07/20/2011 01:28 AM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
im spending all my money now, as it wont be worth anything soon anyway.
Anonymous Coward
User ID: 1314529
United States
07/20/2011 01:30 AM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
Why scared. Embrace the fall of tyrants. Yes, it will be painful for awhile but not last forever. Release the choke hold of the bankster upon the earth and its inhabitants.
Luvapottamus

User ID: 1428854
United States
07/20/2011 01:54 AM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
Looks like this is it, folks. Full-scale systemic economic collapse may have just started. I would very much appreciate it if this thread was kept open for serious discussion.

Just out, 45 minutes ago, From Ambrose Evans Pritchard of the London Daily Telegraph, (Ambrose Evans-Pritchard is International Business Editor of The Daily Telegraph. He has covered world politics and economics for 30 years, based in Europe, the US, and Latin America. He joined the Telegraph in 1991, serving as Washington correspondent and later Europe correspondent in Brussels).

[link to www.telegraph.co.uk]

Only Germany can save EMU as contagion turns systemic

'...Europe's leaders have finally run out of time. If they fail to agree on some form of debt pooling and shared fiscal destiny at Thursday's emergency summit, they risk a full-fledged run on South Europe's bond markets and a disorderly collapse of monetary union...'

'...The International Monetary Fund said there is now "serious risk" of eurozone contagion with "large" potential knock-on effects worldwide. "Market participants remain unconvinced that a sustainable solution is at hand," it said.

Suki Mann from Societe Generale caught the mood in a note to clients, asking whether it is "all over". "Eurozone politicians don't – or don't want to – understand that the eurozone as we know it is on the precipice. Greece appears beyond repair, Italy is on the brink, and the chances are that the euro might be no more very soon," he said.

RBS fears that Europe is on the cusp of "system-wide convulsion" after yields on Spanish 10-year bonds reached post-EMU records of 6.34pc this week, and Italian yields topped 6pc. "We believe that Spain has entered the danger zone for yield levels," said Harvender Sian, the bank's credit strategist, who fears the "point-of-no-return" may be 6.5pc. "Given that Spain [and likely soon Italy] has entered this territory, there is a growing risk that a large systemic risk event is plausible in the near term and if not then in a matter of weeks."

The bank has called for a bail-out fund with €2 trillion of full lending power to stabilise the system, even if this risks pushing German debt levels above 110pc of GDP and causing apoplexy in the Bundestag.

The bond fund Pimco has its own idea: throwing Greece, Ireland and Portugal to the wolves, and concentrating €1 trillion in "overwhelming force" to defend Spain and Italy. That major players should utter such thoughts shows how fast events are moving.

For 18 months the EU has treated the serial crises on the EMU margins as liquidity headaches. It hoped that time would slowly lift the distressed debtors off the reefs, while the penal terms of "Ultima Ratio" attached to bailout loans would deter other EMU states from seeking help. "Shock and Awe" rhetoric would do the rest.

The strategy has failed because it did not acknowledge that the deeper crisis is a North-South structural gap that has left half the eurozone with variants of 1930s debt-deflation, a condition that cannot be solved by austerity measures or by any one country alone.

"We are approaching the endgame for this part of the European sovereign crises: the number of cans that now need kicking down the road would challenge the left foot of Lionel Messi," said Gary Jenkins from Evolution Securities. "The chances are that the EU will only take the step of fiscal union or common bond issuance at one minute to midnight on a weekend when it is clear that the system is close to collapse." ...'

For more, see link above

If you're in Europe, I recommend you get your savings somewhere safe right now.
 Quoting: Intentionally Blank


Wait for a retrace then buy silver. and Go short the Euro. What a great opportunity this is , not only to make money but also to see the ushering in of a Resource Based Economy.

See The Venus Project for an outline of a successful Resource Based Economy.
[link to www.thevenusproject.com]
 Quoting: Strut1eleven


Will we get to retrace and short the resource based economy?

Sounds like a bad habit.
"A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyze a new problem, pitch manure, program a computer, cook a tasty meal, fight efficiently, die gallantly. Specialization is for insects."
- Robert Heinlein, Time Enough for Love
Strut1eleven

User ID: 1474818
Australia
07/20/2011 02:34 AM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
Looks like this is it, folks. Full-scale systemic economic collapse may have just started. I would very much appreciate it if this thread was kept open for serious discussion.

Just out, 45 minutes ago, From Ambrose Evans Pritchard of the London Daily Telegraph, (Ambrose Evans-Pritchard is International Business Editor of The Daily Telegraph. He has covered world politics and economics for 30 years, based in Europe, the US, and Latin America. He joined the Telegraph in 1991, serving as Washington correspondent and later Europe correspondent in Brussels).

[link to www.telegraph.co.uk]

Only Germany can save EMU as contagion turns systemic

'...Europe's leaders have finally run out of time. If they fail to agree on some form of debt pooling and shared fiscal destiny at Thursday's emergency summit, they risk a full-fledged run on South Europe's bond markets and a disorderly collapse of monetary union...'

'...The International Monetary Fund said there is now "serious risk" of eurozone contagion with "large" potential knock-on effects worldwide. "Market participants remain unconvinced that a sustainable solution is at hand," it said.

Suki Mann from Societe Generale caught the mood in a note to clients, asking whether it is "all over". "Eurozone politicians don't – or don't want to – understand that the eurozone as we know it is on the precipice. Greece appears beyond repair, Italy is on the brink, and the chances are that the euro might be no more very soon," he said.

RBS fears that Europe is on the cusp of "system-wide convulsion" after yields on Spanish 10-year bonds reached post-EMU records of 6.34pc this week, and Italian yields topped 6pc. "We believe that Spain has entered the danger zone for yield levels," said Harvender Sian, the bank's credit strategist, who fears the "point-of-no-return" may be 6.5pc. "Given that Spain [and likely soon Italy] has entered this territory, there is a growing risk that a large systemic risk event is plausible in the near term and if not then in a matter of weeks."

The bank has called for a bail-out fund with €2 trillion of full lending power to stabilise the system, even if this risks pushing German debt levels above 110pc of GDP and causing apoplexy in the Bundestag.

The bond fund Pimco has its own idea: throwing Greece, Ireland and Portugal to the wolves, and concentrating €1 trillion in "overwhelming force" to defend Spain and Italy. That major players should utter such thoughts shows how fast events are moving.

For 18 months the EU has treated the serial crises on the EMU margins as liquidity headaches. It hoped that time would slowly lift the distressed debtors off the reefs, while the penal terms of "Ultima Ratio" attached to bailout loans would deter other EMU states from seeking help. "Shock and Awe" rhetoric would do the rest.

The strategy has failed because it did not acknowledge that the deeper crisis is a North-South structural gap that has left half the eurozone with variants of 1930s debt-deflation, a condition that cannot be solved by austerity measures or by any one country alone.

"We are approaching the endgame for this part of the European sovereign crises: the number of cans that now need kicking down the road would challenge the left foot of Lionel Messi," said Gary Jenkins from Evolution Securities. "The chances are that the EU will only take the step of fiscal union or common bond issuance at one minute to midnight on a weekend when it is clear that the system is close to collapse." ...'

For more, see link above

If you're in Europe, I recommend you get your savings somewhere safe right now.
 Quoting: Intentionally Blank


Wait for a retrace then buy silver. and Go short the Euro. What a great opportunity this is , not only to make money but also to see the ushering in of a Resource Based Economy.

See The Venus Project for an outline of a successful Resource Based Economy.
[link to www.thevenusproject.com]
 Quoting: Strut1eleven


Will we get to retrace and short the resource based economy?

Sounds like a bad habit.
 Quoting: Luvapottamus

It is but. what I mean is wait for a small retrace in the silver market then jump on to make some money coz as u well know we need that shit right now;money that is.

and if everything goes to shit at least you'll be short on the relevant currencies.
Then you can buy a fortified four wheel drive fully functional for survival Bus and Run for the hills.
Death is always around the corner, but often our society gives it inordinate help.
Carter Burwell

Some men are alive simply because it is against the law to kill them.
Edward W. Howe
Intentionally Blank (OP)

User ID: 1474842
United Kingdom
07/20/2011 03:06 AM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
More on this:

[link to www.telegraph.co.uk]

The IMF has decided that what Europeans need to do is become locked in even more closely and throw even more money at this... their plan for total enslavement, I guess...

whatever, TSHF is here...

'..Eurozone debt crisis could prove 'very costly' for the world, warns IMF

Eurozone debt crisis could prove 'very costly' for the world, warns IMF

On Tuesday night, diplomats in Brussels were warning of "bedlam" unless a deal is "more or less" sealed on Thursday...'

'...The crisis around Greek debt now poses "serious risks" that it will infect the region's core powerhouse economies, such as Greece and France, even if officials pursue a strategy aimed at avoiding a default by Athens, the IMF said...'


Hmmm.... I think people might get a wee bit upset about this...

Last Edited by Intentionally Blank on 07/20/2011 03:34 AM
NORMAL GUY

User ID: 1293441
Spain
07/20/2011 03:11 AM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
[link to money.cnn.com]
The most perfect place to be is... With your own thought,s on a silent mountain with the sun on your back, a breeze on your face and peace in your soul......
Luvapottamus

User ID: 1428854
United States
07/20/2011 03:16 AM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
Looks like this is it, folks. Full-scale systemic economic collapse may have just started. I would very much appreciate it if this thread was kept open for serious discussion.

Just out, 45 minutes ago, From Ambrose Evans Pritchard of the London Daily Telegraph, (Ambrose Evans-Pritchard is International Business Editor of The Daily Telegraph. He has covered world politics and economics for 30 years, based in Europe, the US, and Latin America. He joined the Telegraph in 1991, serving as Washington correspondent and later Europe correspondent in Brussels).

[link to www.telegraph.co.uk]

Only Germany can save EMU as contagion turns systemic

'...Europe's leaders have finally run out of time. If they fail to agree on some form of debt pooling and shared fiscal destiny at Thursday's emergency summit, they risk a full-fledged run on South Europe's bond markets and a disorderly collapse of monetary union...'

'...The International Monetary Fund said there is now "serious risk" of eurozone contagion with "large" potential knock-on effects worldwide. "Market participants remain unconvinced that a sustainable solution is at hand," it said.

Suki Mann from Societe Generale caught the mood in a note to clients, asking whether it is "all over". "Eurozone politicians don't – or don't want to – understand that the eurozone as we know it is on the precipice. Greece appears beyond repair, Italy is on the brink, and the chances are that the euro might be no more very soon," he said.

RBS fears that Europe is on the cusp of "system-wide convulsion" after yields on Spanish 10-year bonds reached post-EMU records of 6.34pc this week, and Italian yields topped 6pc. "We believe that Spain has entered the danger zone for yield levels," said Harvender Sian, the bank's credit strategist, who fears the "point-of-no-return" may be 6.5pc. "Given that Spain [and likely soon Italy] has entered this territory, there is a growing risk that a large systemic risk event is plausible in the near term and if not then in a matter of weeks."

The bank has called for a bail-out fund with €2 trillion of full lending power to stabilise the system, even if this risks pushing German debt levels above 110pc of GDP and causing apoplexy in the Bundestag.

The bond fund Pimco has its own idea: throwing Greece, Ireland and Portugal to the wolves, and concentrating €1 trillion in "overwhelming force" to defend Spain and Italy. That major players should utter such thoughts shows how fast events are moving.

For 18 months the EU has treated the serial crises on the EMU margins as liquidity headaches. It hoped that time would slowly lift the distressed debtors off the reefs, while the penal terms of "Ultima Ratio" attached to bailout loans would deter other EMU states from seeking help. "Shock and Awe" rhetoric would do the rest.

The strategy has failed because it did not acknowledge that the deeper crisis is a North-South structural gap that has left half the eurozone with variants of 1930s debt-deflation, a condition that cannot be solved by austerity measures or by any one country alone.

"We are approaching the endgame for this part of the European sovereign crises: the number of cans that now need kicking down the road would challenge the left foot of Lionel Messi," said Gary Jenkins from Evolution Securities. "The chances are that the EU will only take the step of fiscal union or common bond issuance at one minute to midnight on a weekend when it is clear that the system is close to collapse." ...'

For more, see link above

If you're in Europe, I recommend you get your savings somewhere safe right now.
 Quoting: Intentionally Blank


Wait for a retrace then buy silver. and Go short the Euro. What a great opportunity this is , not only to make money but also to see the ushering in of a Resource Based Economy.

See The Venus Project for an outline of a successful Resource Based Economy.
[link to www.thevenusproject.com]
 Quoting: Strut1eleven


Will we get to retrace and short the resource based economy?

Sounds like a bad habit.
 Quoting: Luvapottamus

It is but. what I mean is wait for a small retrace in the silver market then jump on to make some money coz as u well know we need that shit right now;money that is.

and if everything goes to shit at least you'll be short on the relevant currencies.
Then you can buy a fortified four wheel drive fully functional for survival Bus and Run for the hills.
 Quoting: Strut1eleven

I was just teasing.
"A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyze a new problem, pitch manure, program a computer, cook a tasty meal, fight efficiently, die gallantly. Specialization is for insects."
- Robert Heinlein, Time Enough for Love

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