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| 05:49 AM | ||
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.** IS WAR THE ONLY WAY TO GET OUT OF THIS FINANCIAL MESS? ** | |
| ~Andariel~ Offer Upgrade  User ID: 1558132  Canada09/22/2011 03:00 PM Report Abusive Post Report Copyright Violation | Unfortunately it is true. Market wizards know this but keep this info to themselves and for a good reason. Too many signs are pointing to the same outcome as when the last market crash occurred in 1929. Lots of experts agree that what caused a market re-bound was the advent of WWII. 1941 was the year that marked the USA full recovery, full employment was achieved due to the nation's military industry. The same situation happened across the globe, no industrial nation was spared but Japan. Many experts also agree that the 1929 market crash ushered the Great Depression. Just like the 2008 market crash, we are now in a deep "recession" (I would call it depression). Too many similarities are occurring these days. 1) Big financial corporations declaring bankruptcies. 2) Businesses of all sizes failing in record numbers. 3) Unemployment rising to Great Depression era levels. 4) Gold price skyrocketing. Here are some snippets of history information I found to corroborate my theory. Wall Street Crash of 1929  The Wall Street Crash of 1929 (October 1929), also known as the Great Crash, and the Stock Market Crash of 1929, was the most devastating stock market crash in the history of the United States, taking into consideration the full extent and duration of its fallout. The crash signaled the beginning of the 12-year Great Depression that affected all Western industrialized countries and that did not end in the United States until the onset of American mobilization for World War II at the end of 1941. Link [link to en.wikipedia.org]  Remember the last few years of the 90's and the beginning of the 2000's markets? The big DOT COM era. Millionaires were made almost overnight, most people were employed full time, new cars, big houses, lavish vacations. Read this snippet. "The Roaring Twenties, the decade that led up to the Crash, was a time of wealth and excess. Despite the dangers of speculation, many believed that the stock market would continue to rise indefinitely."  Link [link to en.wikipedia.org] What caused the re-bound? World War II and recovery "The common view among economic historians is that the Great Depression ended with the advent of World War II. Many economists believe that government spending on the war caused or at least accelerated recovery from the Great Depression" "America's entry into the war in 1941 finally eliminated the last effects from the Great Depression and brought the U.S. unemployment rate down below 10%. In the U.S., massive war spending doubled economic growth rates, either masking the effects of the Depression or essentially ending the Depression. Businessmen ignored the mounting national debt and heavy new taxes, redoubling their efforts for greater output to take advantage of generous government contracts." Link [link to en.wikipedia.org] Last Edited by ~Andariel~ on 09/26/2011 10:42 PM Space, the final frontier...or is it? Knowledge is power |
| The Chosen One User ID: 930689  United States09/22/2011 03:01 PM Report Abusive Post Report Copyright Violation | |
| humanitech User ID: 1666013  United Kingdom09/22/2011 03:08 PM Report Abusive Post Report Copyright Violation | Unfortunately it is true. Quoting: ~Andariel~ Market wizards know this but keep this info to themselves and for a good reason. Too many signs are pointing to the same outcome as when the last market crash occurred in 1929. Lots of experts agree that what caused a market re-bound was the advent of WWII. 1941 was the year that marked the USA full recovery, full employment was achieved due to the nation's military industry. The same situation happened across the globe, no industrial nation was spared but Japan. Many experts also agree that the 1929 market crash ushered the Great Depression. Just like the 2008 market crash, we are now in a deep "recession" (I would call it depression). Too many similarities are occurring these days. 1) Big financial corporations declaring bankruptcies. 2) Businesses of all sizes failing in record numbers. 3) Unemployment rising to Great Depression era levels. 4) Gold price skyrocketing. Here are some snippets of history information I found to corroborate my theory. Wall Street Crash of 1929 :Dep3: The Wall Street Crash of 1929 (October 1929), also known as the Great Crash, and the Stock Market Crash of 1929, was the most devastating stock market crash in the history of the United States, taking into consideration the full extent and duration of its fallout. The crash signaled the beginning of the 12-year Great Depression that affected all Western industrialized countries and that did not end in the United States until the onset of American mobilization for World War II at the end of 1941. Link [link to en.wikipedia.org] :Dep1: Remember the last few years of the 90's and the beginning of the 2000's markets? The big DOT COM era. Millionaires were made almost overnight, most people were employed full time, new cars, big houses, lavish vacations. Read this snippet. "The Roaring Twenties, the decade that led up to the Crash, was a time of wealth and excess. Despite the dangers of speculation, many believed that the stock market would continue to rise indefinitely." :Dep2: Link [link to en.wikipedia.org] What caused the re-bound? World War II and recovery "The common view among economic historians is that the Great Depression ended with the advent of World War II. Many economists believe that government spending on the war caused or at least accelerated recovery from the Great Depression" "America's entry into the war in 1941 finally eliminated the last effects from the Great Depression and brought the U.S. unemployment rate down below 10%. In the U.S., massive war spending doubled economic growth rates, either masking the effects of the Depression or essentially ending the Depression. Businessmen ignored the mounting national debt and heavy new taxes, redoubling their efforts for greater output to take advantage of generous government contracts." Link [link to en.wikipedia.org] This was planned to create war. |
| Anonymous Coward User ID: 1576037  Germany09/22/2011 03:08 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 1234186 United States09/22/2011 03:08 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 1130234 United States09/22/2011 03:09 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 1652193 United States09/22/2011 03:13 PM Report Abusive Post Report Copyright Violation | Agreed. I believe that if you are personally in financial debt yourselves that you take war to your neighbors and shoot them up! That's the only way to solve your own financial problems by committing more violent crime and mass killings elsewhere! MAKES PERFECT SENSE!!!  |
| Anonymous Coward User ID: 1504528 United Kingdom09/22/2011 03:17 PM Report Abusive Post Report Copyright Violation | Unfortunately it is true. Quoting: ~Andariel~ Market wizards know this but keep this info to themselves and for a good reason. Too many signs are pointing to the same outcome as when the last market crash occurred in 1929. Lots of experts agree that what caused a market re-bound was the advent of WWII. 1941 was the year that marked the USA full recovery, full employment was achieved due to the nation's military industry. The same situation happened across the globe, no industrial nation was spared but Japan. Many experts also agree that the 1929 market crash ushered the Great Depression. Just like the 2008 market crash, we are now in a deep "recession" (I would call it depression). Too many similarities are occurring these days. 1) Big financial corporations declaring bankruptcies. 2) Businesses of all sizes failing in record numbers. 3) Unemployment rising to Great Depression era levels. 4) Gold price skyrocketing. Here are some snippets of history information I found to corroborate my theory. Wall Street Crash of 1929 :Dep3: The Wall Street Crash of 1929 (October 1929), also known as the Great Crash, and the Stock Market Crash of 1929, was the most devastating stock market crash in the history of the United States, taking into consideration the full extent and duration of its fallout. The crash signaled the beginning of the 12-year Great Depression that affected all Western industrialized countries and that did not end in the United States until the onset of American mobilization for World War II at the end of 1941. Link [link to en.wikipedia.org] :Dep1: Remember the last few years of the 90's and the beginning of the 2000's markets? The big DOT COM era. Millionaires were made almost overnight, most people were employed full time, new cars, big houses, lavish vacations. Read this snippet. "The Roaring Twenties, the decade that led up to the Crash, was a time of wealth and excess. Despite the dangers of speculation, many believed that the stock market would continue to rise indefinitely." :Dep2: Link [link to en.wikipedia.org] What caused the re-bound? World War II and recovery "The common view among economic historians is that the Great Depression ended with the advent of World War II. Many economists believe that government spending on the war caused or at least accelerated recovery from the Great Depression" "America's entry into the war in 1941 finally eliminated the last effects from the Great Depression and brought the U.S. unemployment rate down below 10%. In the U.S., massive war spending doubled economic growth rates, either masking the effects of the Depression or essentially ending the Depression. Businessmen ignored the mounting national debt and heavy new taxes, redoubling their efforts for greater output to take advantage of generous government contracts." Link [link to en.wikipedia.org] Sad but true with all the trillions of debt we can never pay that back in 200 yearsm only way forward is war |
| valendian User ID: 1418110 United Kingdom09/22/2011 03:18 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 1532554 United States09/22/2011 03:19 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 1652193 United States09/22/2011 03:20 PM Report Abusive Post Report Copyright Violation | Agreed. Quoting: Anonymous Coward 1652193 I believe that if you are personally in financial debt yourselves that you take war to your neighbors and shoot them up! That's the only way to solve your own financial problems by committing more violent crime and mass killings elsewhere! MAKES PERFECT SENSE!!! Yes, never mind that it is your own responsibility for your own debt! Never mind that by declaring war on other countries to eliminate your own debt is as thuggish and criminal as they come! You are no different than the gang bangers on the street with this mentality! Don't you hypocrites ever again ridicule another black man for following the rules and games you play by! Punks! God Bless America! |
| ~Andariel~ (OP) User ID: 1558132 Canada09/22/2011 03:41 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 554016 United States09/22/2011 03:47 PM Report Abusive Post Report Copyright Violation | |
| GiordanoBruno User ID: 1490496 United States09/22/2011 03:51 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 1332279 United States09/22/2011 03:55 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 1034753 United Kingdom09/22/2011 03:56 PM Report Abusive Post Report Copyright Violation | the only way out is if a good segment of the population dies. the country can no longer support us. whether it be with jobs or entitlements.... Quoting: Anonymous Coward 1532554 Yup - it is not going to be an old fashioned war - it will be by pitting one set of usless eaters against another - mostly along racial lines. |
| Anonymous Coward User ID: 1676322 United States09/22/2011 03:59 PM Report Abusive Post Report Copyright Violation | war could provide a temporary boost to the economy but then it would crash again the problem is the fiat, debt-based, and monopolistic financial system(s) until we start using assets such as gold, silver, and land as private money and credit, we will be screwed financially and economically freedom of money is the real solution to our financial problems there can only be true economic freedom when there is freedom of money |
| Anonymous Coward User ID: 1676322 United States09/22/2011 04:01 PM Report Abusive Post Report Copyright Violation | Agreed. Quoting: Anonymous Coward 1652193 I believe that if you are personally in financial debt yourselves that you take war to your neighbors and shoot them up! That's the only way to solve your own financial problems by committing more violent crime and mass killings elsewhere! MAKES PERFECT SENSE!!! Yes, never mind that it is your own responsibility for your own debt! Never mind that by declaring war on other countries to eliminate your own debt is as thuggish and criminal as they come! You are no different than the gang bangers on the street with this mentality! Don't you hypocrites ever again ridicule another black man for following the rules and games you play by! Punks! God Bless America! me thinks you might benefit from a new sarcasm detector |
| ~Andariel~ (OP) User ID: 1558132 Canada09/22/2011 04:01 PM Report Abusive Post Report Copyright Violation | war could provide a temporary boost to the economy Quoting: Anonymous Coward 1676322 but then it would crash again the problem is the fiat, debt-based, and monopolistic financial system(s) until we start using assets such as gold, silver, and land as private money and credit, we will be screwed financially and economically freedom of money is the real solution to our financial problems there can only be true economic freedom when there is freedom of money So you are suggesting that we go back to the bartering system? Space, the final frontier...or is it? Knowledge is power |
| Anonymous Coward User ID: 1558779 United States09/22/2011 04:04 PM Report Abusive Post Report Copyright Violation | Look! No matter how you sugar coat it, wars are the economic engine for all societies. We've built all we can, in fact, more than we need. Now we have to break it all and start over again. What worries me it the permanent damage inflicted on the whole planet by nuclear weapons and nuclear power stations melting down. We may make the earth un inhabitable. But the time is near. |
| Xertious User ID: 1642665 United Kingdom09/22/2011 04:07 PM Report Abusive Post Report Copyright Violation | I mean the US is basically breaking even. It earns as much as its paying out. That wont change, if they increase taxes people will have less money to spend so they'll lose out on taxes that way. They could sell off resources, but then they'll be earning less, so they'll be in the same boat. They need a new source of income, and small businesses aren't going to cut it. They need to steal another countries resource to make a profit. Or whip their asses and make them pay money to you. This will also have a positive effect on unemployment. They need front line troops (meat shields). They also need people manufacturing. What I can see happening that Pakistan becomes an issue with having WMDs and not being an ally in the fight against terrorism. America has to subdue them. China/Russia don't like that and get involved and leads to the so claimed world war three. Yet, it wont be that, it will be the first world cold war. Once Pakistan has been taken out, the big nations will fear WMDs, so it will be another cold war, but this time with China Russia and its allys. To make a solution to the money problems, I think China is the only rich nation, every country gives money to Pakistan because its a poor nation. I can see America on Chinese soil. - Made a typo in a post and lost Karma :< |
| Anonymous Coward User ID: 1652193 United States09/22/2011 04:08 PM Report Abusive Post Report Copyright Violation | Look! No matter how you sugar coat it, wars are the economic engine for all societies. We've built all we can, in fact, more than we need. Now we have to break it all and start over again. What worries me it the permanent damage inflicted on the whole planet by nuclear weapons and nuclear power stations melting down. We may make the earth un inhabitable. But the time is near. Quoting: Anonymous Coward 1558779 okay, i'm in financial mess myself and by op's logic the only way out of this is for me to wage war with my rich jewish neighbors and because of your logic, i am in the right because wars is the only way out of YOUR OWN DEBT so lets steal and kill from others in order to wipe my debt clean? right? Am i right? |
| ~Andariel~ (OP) User ID: 1558132 Canada09/22/2011 04:14 PM Report Abusive Post Report Copyright Violation | Look! No matter how you sugar coat it, wars are the economic engine for all societies. We've built all we can, in fact, more than we need. Now we have to break it all and start over again. What worries me it the permanent damage inflicted on the whole planet by nuclear weapons and nuclear power stations melting down. We may make the earth un inhabitable. But the time is near. Quoting: Anonymous Coward 1558779 okay, i'm in financial mess myself and by op's logic the only way out of this is for me to wage war with my rich jewish neighbors and because of your logic, i am in the right because wars is the only way out of YOUR OWN DEBT so lets steal and kill from others in order to wipe my debt clean? right? Am i right? We are just pawns of a huge chess game. We can only go with the proverbial flow and always hope for the best. Some things are inevitable. *sigh* Space, the final frontier...or is it? Knowledge is power |
| anonymouschowder User ID: 1385390 United States09/22/2011 04:14 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 1700840  Australia09/22/2011 04:15 PM Report Abusive Post Report Copyright Violation | |
| danwa User ID: 1522311 United States09/22/2011 04:18 PM Report Abusive Post Report Copyright Violation | |
| ~Andariel~ (OP) User ID: 1558132 Canada09/22/2011 04:22 PM Report Abusive Post Report Copyright Violation | the problem is WAR raises the National Debt astronomically-and the Military Industrial Complex produces OEM stuff that cannot be re-sold; Thus it will come back to haunt us; Quadrillion dollar deficit anyone? Quoting: anonymouschowder For one thing it will stop the bleeding of our industry and manufacturing jobs to other nations. Production will be done by our own people thus ending the current trend of job losses. It did re-boot the world economies in the 40's. I'm sick just thinking of the similarities we are encountering, the phrase "history repeats itself" sounds so ominous in this case. Space, the final frontier...or is it? Knowledge is power |
| Anonymous Coward User ID: 1639661 United States09/22/2011 04:24 PM Report Abusive Post Report Copyright Violation | Some people don't seem to understand...this even goes back to a parable of Jesus... Question: How do you get "rid" of debt? Answers: 1.) Pay off the debt. 2.) Default - go bankrupt - don't pay - that makes creditors REAL mad!!! Not paying a country could cause war! 3.) Debase your currency (if you are a country)...just about the same results as #3 - could cause a war - you borrowed something valuable and are returning junk! 4.) Kill the lender. If the lender no longer exists...your debt no longer exists! (This goes back to Jesus's parable of the vineyard owner...the renters killed the vineyard owner's son...so the wouldn't owe rent.) I bring up that it was a parable of Jesus to show that this is NOT a new idea...it has been around for over a thousand years! |
| Mr. D User ID: 1489863 United States09/22/2011 04:27 PM Report Abusive Post Report Copyright Violation | |
| Xertious User ID: 1642665 United Kingdom09/22/2011 04:29 PM Report Abusive Post Report Copyright Violation | The problem is, can they go to war. They'd need to write off a huge portion of the debt before they could afford to launch a full scale offensive. That requires telling one of its major creditors to get lost. Which would potentially cause them to go against you in any way situation. Also public opinion, would Obama really declare war nearing the end of his term? There is also all the liberal assholes who wouldn't want a war who will try and stop it, and publish material that would go against them, rallying more nations against them. - Made a typo in a post and lost Karma :< |
| Anonymous Coward User ID: 1639661 United States09/22/2011 04:37 PM Report Abusive Post Report Copyright Violation | The problem is, can they go to war. They'd need to write off a huge portion of the debt before they could afford to launch a full scale offensive. That requires telling one of its major creditors to get lost. Which would potentially cause them to go against you in any way situation. Quoting: Xertious Also public opinion, would Obama really declare war nearing the end of his term? There is also all the liberal assholes who wouldn't want a war who will try and stop it, and publish material that would go against them, rallying more nations against them. FDR got us into WW II. FDR had been told that the Japanese were going to attack Pearl Harbor...didn't stop FDR - he could have called the Japanese or something to stop the war...it was just that the economy sucked so bad and things weren't getting better...and a war would "help" the economy! |
