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FORBES: No Way Out Of EU Crisis

 
Anonymous Coward
User ID: 4503601
Ireland
11/02/2011 03:26 PM
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Re: FORBES: No Way Out Of EU Crisis
If America can just keep printing money , why can Europe not do the same ???
 Quoting: EUPHORIA777


Oooh dear. Do we really need to explain the basics again. This is part of what got us into the mess; the belief that money (and hence 'value') can just be manufactured out of nothing.
 Quoting: Anonymous Coward 3700569


Yeah well , things are already fuked .
 Quoting: EUPHORIA777


They are. But printing more money just prolonges the 'fuckedness'. If everyone is 'printing more' then things will be exactly the same, just with different amounts of zeros on the end of the figures; but the same proportions of messed up crap.
 Quoting: Anonymous Coward 3700569


Yeah I agree , I wonder how long we have before it all collapses ??? It won't be a lot of fun , probably will have to give up GLP and a lot of other comforts . verysad
cdevidal

User ID: 15496
United States
11/02/2011 03:31 PM

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Re: FORBES: No Way Out Of EU Crisis
The Forbes article doesn't tell the whole story. When you factor in derivatives, the fit has officially hit the shan:
Thread: Two Financial Nukes Explode...


:skippersho:

Last Edited by cdevidal on 11/02/2011 03:33 PM
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cdevidal

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11/02/2011 03:32 PM

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Re: FORBES: No Way Out Of EU Crisis
Just FYI, on the right of the Forbes article:
The author is a Forbes contributor. The opinions expressed are those of the writer.
If you can prove you're a good person you can take $10,000. Theirs is a legitimate offer. TenThousandDollarOffer.com
Anonymous Coward
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11/02/2011 03:40 PM
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Re: FORBES: No Way Out Of EU Crisis
Essentially, the markets right now are wondering: “Does France have enough money to pay what they’ve said they will pay?”. Disturbingly, the answer at the moment is, “well, we’re not sure”. If the answer ever becomes “no” then that’s it, game over.

Yes, there is an answer to this. The ECB (like the Fed) could simply print the money and buy all the bonds. Sure, there would be inflation but so what? However, it would be illegal for the ECB to do that. (my note: This is NOT a solution as we know).

It isn’t really obvious that there is a way out of this. As Paul Krugman says, we shouldn’t be here, the system should never have been designed the way it was. But it was and we are and, well, it might just be that there really, really, isn’t a nice way to get out of this problem.

[link to www.forbes.com]
 Quoting: MARTIAL LAW


Fact:
Printing of new paper money has been stopped. By who,
is not important.

Greece should not pay its debt. It was frauduent debt, nothing differnt from the fraudulent credit card you carry or the fraudulent house mortgage loan you pay every month. That is why the banksters are happy to at least get back 50% of what Greece owe.

The banksters have no more money. Do not let them get more money from tax payers through greece bailouts.

The 1% elite days are numbered. The FIAT money days are numbered. It has been in the works of its fall for years.
Anonymous Coward
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Canada
11/02/2011 03:40 PM
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Re: FORBES: No Way Out Of EU Crisis
Essentially, the markets right now are wondering: “Does France have enough money to pay what they’ve said they will pay?”. Disturbingly, the answer at the moment is, “well, we’re not sure”. If the answer ever becomes “no” then that’s it, game over.

Yes, there is an answer to this. The ECB (like the Fed) could simply print the money and buy all the bonds. Sure, there would be inflation but so what? However, it would be illegal for the ECB to do that. (my note: This is NOT a solution as we know).

It isn’t really obvious that there is a way out of this. As Paul Krugman says, we shouldn’t be here, the system should never have been designed the way it was. But it was and we are and, well, it might just be that there really, really, isn’t a nice way to get out of this problem.

[link to www.forbes.com]
 Quoting: MARTIAL LAW


Fact:
Printing of new paper money has been stopped. By who,
is not important.

Greece should not pay its debt. It was frauduent debt, nothing differnt from the fraudulent credit card you carry or the fraudulent house mortgage loan you pay every month. That is why the banksters are happy to at least get back 50% of what Greece owe.

The banksters have no more money. Do not let them get more money from tax payers through greece bailouts.

The 1% elite days are numbered. The FIAT money days are numbered. It has been in the works of its fall for years.
MrOysterhead

User ID: 1546790
United States
11/02/2011 03:41 PM
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Re: FORBES: No Way Out Of EU Crisis
so how long do we honestly have before it all collapses?
There are two kinds of people who come to GLP: Those who want to know and those who want to know who wants to know.
Anonymous Coward
User ID: 4478893
Germany
11/02/2011 03:44 PM
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Re: FORBES: No Way Out Of EU Crisis
Essentially, the markets right now are wondering: “Does France have enough money to pay what they’ve said they will pay?”. Disturbingly, the answer at the moment is, “well, we’re not sure”. If the answer ever becomes “no” then that’s it, game over.

Yes, there is an answer to this. The ECB (like the Fed) could simply print the money and buy all the bonds. Sure, there would be inflation but so what? However, it would be illegal for the ECB to do that. (my note: This is NOT a solution as we know).

It isn’t really obvious that there is a way out of this. As Paul Krugman says, we shouldn’t be here, the system should never have been designed the way it was. But it was and we are and, well, it might just be that there really, really, isn’t a nice way to get out of this problem.

[link to www.forbes.com]
 Quoting: MARTIAL LAW


I am really not surprised, because it was all only an experiment....the second after the communism. lol
cdevidal

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United States
11/02/2011 03:45 PM

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Re: FORBES: No Way Out Of EU Crisis
so how long do we honestly have before it all collapses?
 Quoting: MrOysterhead


If you ignore conspiracy theory things start getting interesting by 2013-ish. If you go for conspiracy, sooner.

No matter what, given the extreme number of wild issues spinning around right now (this is only one of them), expect hard times within your lifetimes.

Prepare. Here's some freebies:
Thread: >>>>> MOTHER LODE - Big caches of free & legal survival/TEOTWAWKI/homesteading downloads <<<<< (Updated Jun 25 2013)
If you can prove you're a good person you can take $10,000. Theirs is a legitimate offer. TenThousandDollarOffer.com
Anonymous Coward
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Canada
11/02/2011 03:47 PM
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Re: FORBES: No Way Out Of EU Crisis
so how long do we honestly have before it all collapses?
 Quoting: MrOysterhead


1. all major Deep Underground Military Bases by the dark cabals have been destroyed.
2. Officially 80+ countries have already joined the new alliance to crush the dark cabals
3. Printing of new money (not backed by precius metals) has been stopped
4. New monetary system is ready to go for introduction - just waiting for the right moment - perhaps the collapse
5. Arrests have been made against the dark cabals. Thule, Skulls and Bones, etc
6. the only countries the dark cabals have stronghold are U.S., Britain, France, Germany and Italy. - but soon they will be crushed...
7. BRICS (Brazil, Russia, China, India and South African countries) and in alliance to lead the introduction of new monetary system that is pro-people.
my2centsworth

User ID: 1307594
Canada
11/02/2011 03:49 PM

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Re: FORBES: No Way Out Of EU Crisis
I just came across this story and thought you may be interested. It pertains to some of what got the world to this critical place in time and reads like a suspense-thriller novel.

Quote:
QUITE A REMARKABLE STORY written by David Wilcock on Oct 31/11

I have carefully followed the Benjamin Fulford story since he first emerged on the Internet a few years ago....

It is quite a remarkable tale -- wherein a former Asia-Pacific bureau chief for Forbes Magazine stumbles into the dark world of international finance and control, and ends up becoming a key player in opposing it.

Fulford discovered this quasi-governmental group had genocidal plans for humanity -- and were siphoning off massive amounts of money from the Japanese economy that could have been used to end poverty and environmental destruction.

He was then contacted by positive Asian secret societies who have been resisting the Old World Order. Now, with an English-speaking Westerner they could trust, these people were able to get the truth out to the Western world.

Since these early days, their alliance has grown dramatically -- to the point now that apparently 100 different countries are aligned in their efforts to overthrow the Old World Order and restore peace and prosperity to the people of this planet.

It is not easy for these resistance groups to communicate publicly, due to the extensive use of murder, threats, bribery and blackmail by the Old World Order. As soon as anyone sticks their neck out, their head could easily get chopped off.

Fulford claims to have survived multiple attempts on his life, and still lives to tell this amazing tale of international intrigue.
End Quote:

There really is more to what is happening in our world than meets the eye!
The full story is at: [link to www.divinecosmos.com]

edit to add interview link:
Sept 16/11 Interview: [link to divinecosmos.com]

Last Edited by my2centsworth on 11/02/2011 04:13 PM
cdevidal

User ID: 594210
United States
11/02/2011 03:51 PM

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Re: FORBES: No Way Out Of EU Crisis
2. Officially 80+ countries have already joined the new alliance to crush the dark cabals
 Quoting: Anonymous Coward 1242054


Officially? Where are the announcements? Please.
If you can prove you're a good person you can take $10,000. Theirs is a legitimate offer. TenThousandDollarOffer.com
MrOysterhead

User ID: 1546790
United States
11/02/2011 03:56 PM
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Re: FORBES: No Way Out Of EU Crisis
so how long do we honestly have before it all collapses?
 Quoting: MrOysterhead


1. all major Deep Underground Military Bases by the dark cabals have been destroyed.
2. Officially 80+ countries have already joined the new alliance to crush the dark cabals
3. Printing of new money (not backed by precius metals) has been stopped
4. New monetary system is ready to go for introduction - just waiting for the right moment - perhaps the collapse
5. Arrests have been made against the dark cabals. Thule, Skulls and Bones, etc
6. the only countries the dark cabals have stronghold are U.S., Britain, France, Germany and Italy. - but soon they will be crushed...
7. BRICS (Brazil, Russia, China, India and South African countries) and in alliance to lead the introduction of new monetary system that is pro-people.
 Quoting: Anonymous Coward 1242054


um....that wasnt really an answer. but thanks for the list of stuff i have no idea about.
There are two kinds of people who come to GLP: Those who want to know and those who want to know who wants to know.
cdevidal

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United States
11/02/2011 04:00 PM

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Re: FORBES: No Way Out Of EU Crisis
Well it's kinda an answer if you're into conspiracy. I'm not. I'm into stuff any Democrat can verify with Wikipedia, and we're in heap big trouble.

sfan

Last Edited by cdevidal on 11/02/2011 04:00 PM
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MrOysterhead

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11/02/2011 04:01 PM
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Re: FORBES: No Way Out Of EU Crisis
Well it's kinda an answer if you're into conspiracy. I'm not. I'm into stuff any Democrat can verify with Wikipedia, and we're in heap big trouble.

sfan
 Quoting: cdevidal


kinda but didnt give a time frame which is what i was asking for.

no need to add conspiracy here, its real and its happening in front of the whole world
There are two kinds of people who come to GLP: Those who want to know and those who want to know who wants to know.
smokahontas

User ID: 4505675
United States
11/02/2011 04:13 PM

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Re: FORBES: No Way Out Of EU Crisis
5 stars Martial. The saga continues.

Amazing thing is the market is up!!??
 Quoting: Jane Smith


yep...it really is incredible...I almost admire how long the PTB have been able to keep the game going.
 Quoting: MARTIAL LAW


Until the cable goes out you wont hear a peep from the sheep
"I may not agree with what you say, but I would defend to the death your right to say it." Voltaire

"Facts do not cease to exist just because they are ignored." Aldous Huxley
Anonymous Coward
User ID: 4504723
Italy
11/02/2011 04:13 PM
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Re: FORBES: No Way Out Of EU Crisis
all this drama is to impose new taxations

One day you present a haircut

in a couple of days speculators destroy the haircut effects

and new more dramatic solution "mast" be applied

This night the Italian Parlment will pass with the excuse of the drama
new taxations

THEY ARE TALKING ABOUT DIRECTLY TAKE MONEY FROM PEOPLE BANK ACCOUNTS

IT"S WAR!
cdevidal

User ID: 511509
United States
11/02/2011 04:15 PM

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Re: FORBES: No Way Out Of EU Crisis
kinda but didnt give a time frame which is what i was asking for.
 Quoting: MrOysterhead


I did, scroll up. I gave one earlier.

Last Edited by cdevidal on 11/02/2011 04:17 PM
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my2centsworth

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Canada
11/02/2011 04:16 PM

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Re: FORBES: No Way Out Of EU Crisis
If you can get past Fulford, clearing his throat, on this interview... this really is interesting..
Is it true? I don't know, but it sure sounds like it could very well be true.

Do take the time to listen to this interview.
Interview: [link to divinecosmos.com]
Anonymous Coward
User ID: 1552402
United States
11/02/2011 04:16 PM
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Re: FORBES: No Way Out Of EU Crisis
Essentially, the markets right now are wondering: “Does France have enough money to pay what they’ve said they will pay?”. Disturbingly, the answer at the moment is, “well, we’re not sure”. If the answer ever becomes “no” then that’s it, game over.

Yes, there is an answer to this. The ECB (like the Fed) could simply print the money and buy all the bonds. Sure, there would be inflation but so what? However, it would be illegal for the ECB to do that. (my note: This is NOT a solution as we know).

It isn’t really obvious that there is a way out of this. As Paul Krugman says, we shouldn’t be here, the system should never have been designed the way it was. But it was and we are and, well, it might just be that there really, really, isn’t a nice way to get out of this problem.

[link to www.forbes.com]
 Quoting: MARTIAL LAW


Well, the elites seem to be dragging their feet on tall this stuff. This should have hit the fan a long time ago, wondering what they are waiting for?
smokahontas

User ID: 4505675
United States
11/02/2011 04:20 PM

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Re: FORBES: No Way Out Of EU Crisis
To finish draining the money out of the markets. Transferring the wealth. Once they declare a bank holiday and drain your pensions they will be done.
"I may not agree with what you say, but I would defend to the death your right to say it." Voltaire

"Facts do not cease to exist just because they are ignored." Aldous Huxley
~^PropHeTic^~

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United Kingdom
11/02/2011 04:32 PM
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Re: FORBES: No Way Out Of EU Crisis
5 stars Martial. The saga continues.

Amazing thing is the market is up!!??
 Quoting: Jane Smith


yep...it really is incredible...I almost admire how long the PTB have been able to keep the game going.
 Quoting: MARTIAL LAW


thats what confusing me the most. granted i am no market whiz but with all this EU financial doom going on why isnt our market tanking?
 Quoting: MrOysterhead


Its all electronic data hence is easily manipulated by banks and TPTB to keep the fake system going.

Last Edited by ~^PropHeTic^~ on 11/02/2011 04:32 PM
^PropHeTic^
Anonymous Coward
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11/02/2011 04:33 PM
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Re: FORBES: No Way Out Of EU Crisis
so how long do we honestly have before it all collapses?
 Quoting: MrOysterhead


That's the million dollar question, they are just stringing us along I think.
tcs
User ID: 1445810
Canada
11/02/2011 04:33 PM
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Re: FORBES: No Way Out Of EU Crisis
I wonder how many of you are aware that if God's will was done on earth as it was in Heaven, money would no longer be needed.

No wonder Jesus told us to pray "The will be done on earth as it tis in Heaven."
cdevidal

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United States
11/02/2011 04:35 PM

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Re: FORBES: No Way Out Of EU Crisis
I wonder how many of you are aware that if God's will was done on earth as it was in Heaven, money would no longer be needed.

No wonder Jesus told us to pray "The will be done on earth as it tis in Heaven."
 Quoting: tcs 1445810


Takes many regenerated hearts for that to be a reality. As long as selfishness exists, so will money, with all of its pros and cons.
If you can prove you're a good person you can take $10,000. Theirs is a legitimate offer. TenThousandDollarOffer.com
~^PropHeTic^~

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11/02/2011 04:36 PM
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Re: FORBES: No Way Out Of EU Crisis
Essentially, the markets right now are wondering: “Does France have enough money to pay what they’ve said they will pay?”. Disturbingly, the answer at the moment is, “well, we’re not sure”. If the answer ever becomes “no” then that’s it, game over.

Yes, there is an answer to this. The ECB (like the Fed) could simply print the money and buy all the bonds. Sure, there would be inflation but so what? However, it would be illegal for the ECB to do that. (my note: This is NOT a solution as we know).

It isn’t really obvious that there is a way out of this. As Paul Krugman says, we shouldn’t be here, the system should never have been designed the way it was. But it was and we are and, well, it might just be that there really, really, isn’t a nice way to get out of this problem.

[link to www.forbes.com]
 Quoting: MARTIAL LAW


Well, the elites seem to be dragging their feet on tall this stuff. This should have hit the fan a long time ago, wondering what they are waiting for?
 Quoting: Anonymous Coward 1552402


The Elite base their judgements and events on specific dates, moon cycles, numerology and planetary/star alignments.

IMHO they're locked onto a fixed date in the future (probably autumn of next year) for the Global Meltdown scenario, hence are leading all the events to that date by keeping the fake financial system alive for as long as possible.

IMHO the Global Economic Meltdown will take place some time AFTER the 2012 London Olympics.

And then, World War 3 should be taking place sometime in 2013.

Last Edited by ~^PropHeTic^~ on 11/02/2011 04:39 PM
^PropHeTic^
CI.95

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11/02/2011 04:37 PM

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Re: FORBES: No Way Out Of EU Crisis
I've been hearing and reading this for about a year now.. they always manage to pull a rabbit out of the hat and extend the death knell a few more months... wonder how many more rabbits they have?
 Quoting: my2centsworth


Have no fear, it approaches infinity.
BigBuddha

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Netherlands
11/02/2011 04:40 PM
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Re: FORBES: No Way Out Of EU Crisis
If America can just keep printing money , why can Europe not do the same ???
 Quoting: EUPHORIA777


Oooh dear. Do we really need to explain the basics again. This is part of what got us into the mess; the belief that money (and hence 'value') can just be manufactured out of nothing.
 Quoting: Anonymous Coward 3700569


Yeah well , things are already fuked .
 Quoting: EUPHORIA777


Hallelujaaahiding
"The whole problem with the world is that fools and fanatics are always so certain of themselves, and wiser people so full of doubts."

"It is no measure of health to be well adjusted to a profoundly sick society"
cdevidal

User ID: 511509
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11/02/2011 04:41 PM

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Re: FORBES: No Way Out Of EU Crisis
I've been hearing and reading this for about a year now.. they always manage to pull a rabbit out of the hat and extend the death knell a few more months... wonder how many more rabbits they have?
 Quoting: my2centsworth


Have no fear, it approaches infinity.
 Quoting: CI.95


If by rabbits in hats you mean paper from printers then yes, it approaches infinity.

ohyeah
If you can prove you're a good person you can take $10,000. Theirs is a legitimate offer. TenThousandDollarOffer.com
my2centsworth

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Canada
11/02/2011 04:49 PM

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Re: FORBES: No Way Out Of EU Crisis
I've been hearing and reading this for about a year now.. they always manage to pull a rabbit out of the hat and extend the death knell a few more months... wonder how many more rabbits they have?
 Quoting: my2centsworth


Have no fear, it approaches infinity.
 Quoting: CI.95


If by rabbits in hats you mean paper from printers then yes, it approaches infinity.

ohyeah
 Quoting: cdevidal


I think you're right about that!
Have you had a chance to listen to the Fulford interview?
I'm still listening to it.. and all I can say is "Holy Shit" If Fulford is telling the truth.. there are more than a few "Hitler like" people in the "Elites".
Sometimes I really do think, Ignorance is bliss!
allegro

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11/02/2011 04:53 PM
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Re: FORBES: No Way Out Of EU Crisis
Okay, so in your view...my savings, 401k, etc. disappears?
Gets devalued? How much?

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