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Seriously, how come so many people are in denial about the inevitable Global Economic Meltdown?

 
Former Investment Banker
User ID: 22366994
United Kingdom
08/21/2012 05:21 PM
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Seriously, how come so many people are in denial about the inevitable Global Economic Meltdown?
The stock market doesn't repond correctly to global events anymore. You get Greece/Italy/Spain go bust, and the stock market rise up a 100 points.

Thread: Stock Market No Longer Responds Correctly

But still, because of some "reputed" agency assuring "that everythings fine", everyone just blindly believes it and carrys on normal expecting the tax payer to save the Euro Zone and Banks.

This is a chart showing the total debt by each country, and because the debt is so damn high in Western countries, frankly it will never be possible to pay it back!

[link to www.economist.com]

And for the past few YEARS the Elite and the media just keep assuring us "everything will be fine", "the euro will not collapse", "Ben Bernanke will save the world from another Great Depression by Quantitive easing"...etc


WTF is all this wishful thinking? Are people in complete denial???

How are they able to keep the sinking global economy on life support for so damn long and prevent the inevitable doom???



thwak

I seriously want to know whats going on in all those employees heads who still work in those big banks, because I used to work in one and but just couldn't stand the total zombie/narcissistic/manipulative atmosphere hence quit and became self-employed.

Are they seriously expecting nothing will happen and only a minor depression will come and go?
Anonymous Coward
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08/21/2012 05:23 PM
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Re: Seriously, how come so many people are in denial about the inevitable Global Economic Meltdown?
Its like women who dont care that their husband is an asshole as long as he can protect her. As long as central banks are firmly in control people will trust them to save us.
Anonymous Coward
User ID: 4457511
United States
08/21/2012 05:27 PM
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Re: Seriously, how come so many people are in denial about the inevitable Global Economic Meltdown?
I don't think they are in denial. They just don't give a shit or it's not that important to them any more.

Me included...
Former Investment Banker (OP)
User ID: 22366994
United Kingdom
08/21/2012 05:31 PM
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Re: Seriously, how come so many people are in denial about the inevitable Global Economic Meltdown?
I don't think they are in denial. They just don't give a shit or it's not that important to them any more.

Me included...
 Quoting: Anonymous Coward 4457511


Thats basically what my thread is about.

People are in COMPLETE DENIAL. They are either unaware or just don't care anymore. They just want to carry on working in their "safe and secure" jobs thinking their pay check which feeds and shelters them will keep coming for the next 20 years or so.
Anonymous Coward
User ID: 22342261
08/21/2012 05:31 PM
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Re: Seriously, how come so many people are in denial about the inevitable Global Economic Meltdown?
I don't think they are in denial. They just don't give a shit or it's not that important to them any more.

Me included...
 Quoting: Anonymous Coward 4457511


Central banks have until now shown that they can manage any situation smoothly. Nothing will change until that wont be the case anymore. Only then will it get interesting.
Anonymous Coward
User ID: 4457511
United States
08/21/2012 05:34 PM
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Re: Seriously, how come so many people are in denial about the inevitable Global Economic Meltdown?
I don't think they are in denial. They just don't give a shit or it's not that important to them any more.

Me included...
 Quoting: Anonymous Coward 4457511


Thats basically what my thread is about.

People are in COMPLETE DENIAL. They are either unaware or just don't care anymore. They just want to carry on working in their "safe and secure" jobs thinking their pay check which feeds and shelters them will keep coming for the next 20 years or so.
 Quoting: Former Investment Banker 22366994


No, no. Denial says that you don't believe the meltdown is real. People know that it's real and they don't care any more. They don't consider it fixable or they just don't think it matters any more.

That's NOT denial. That is complete lack of faith in the system. As I said, me included.
Anonymous Coward
User ID: 11696035
Canada
08/21/2012 05:35 PM
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Re: Seriously, how come so many people are in denial about the inevitable Global Economic Meltdown?
lala
Justalittlebad

User ID: 1391964
United States
08/21/2012 05:36 PM
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Re: Seriously, how come so many people are in denial about the inevitable Global Economic Meltdown?
I don't think they are in denial. They just don't give a shit or it's not that important to them any more.

Me included...
 Quoting: Anonymous Coward 4457511


Thats basically what my thread is about.

People are in COMPLETE DENIAL. They are either unaware or just don't care anymore. They just want to carry on working in their "safe and secure" jobs thinking their pay check which feeds and shelters them will keep coming for the next 20 years or so.
 Quoting: Former Investment Banker 22366994


No, no. Denial says that you don't believe the meltdown is real. People know that it's real and they don't care any more. They don't consider it fixable or they just don't think it matters any more.

That's NOT denial. That is complete lack of faith in the system. As I said, me included.
 Quoting: Anonymous Coward 4457511


Well said. Me too.
Justalittlebad/more or less
Anonymous Coward
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08/21/2012 05:40 PM
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Re: Seriously, how come so many people are in denial about the inevitable Global Economic Meltdown?
And why is it inevitable?

Couldnt countries grow their way out of debt?

I dont believe that will happen, but its not impossible, is it?
Anonymous Coward
User ID: 4457511
United States
08/21/2012 05:41 PM
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Re: Seriously, how come so many people are in denial about the inevitable Global Economic Meltdown?
Being a former investment banker, you are part of the reason why people now feel the way they. So you rape the shit out of people's lives and then you want them to knuckle down and fix this mess like we have always done with more sacrifice and hard work? Fuck off!

That game is over pal. You guys fucked the people until there was nothing left to give and then you want us to care about your system.

I don't!!!!
Anonymous Coward
User ID: 4457511
United States
08/21/2012 05:44 PM
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Re: Seriously, how come so many people are in denial about the inevitable Global Economic Meltdown?
So you want to start a movement to make it all better now? Don't you realize you arrogant bastard that you KILLED IT!

You screwed the goose that was laying your golden fucking egg. And now you are scared and want it back the way it was before huh?

Sorry, it's dead, gone, finished. And people like you killed it...
Anonymous Coward
User ID: 4457511
United States
08/21/2012 05:49 PM
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Re: Seriously, how come so many people are in denial about the inevitable Global Economic Meltdown?
How can ordinary people "fix" this leveraged lie? This economic world system is like a casino that pays out nothing, but wants people to gamble there lives in their casino.

You have no idea what you are talking about. What is people's incentive to play your stupid game any more? You took away ALL incentives and then want people to care.

Again, I DON"T!
Anonymous Coward
User ID: 4457511
United States
08/21/2012 05:54 PM
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Re: Seriously, how come so many people are in denial about the inevitable Global Economic Meltdown?
Come on OP. Tell me why people should care? Tell me how they will ever get back to the kind of world their fathers were born in?

Fool. I am actually looking forward to it. I have nothing left to lose. How about you, you fucking vampire?
Anonymous Coward
User ID: 4457511
United States
08/21/2012 05:55 PM
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Re: Seriously, how come so many people are in denial about the inevitable Global Economic Meltdown?
Oops. I think the OP has run off...

Back into the shadows...
Justalittlebad

User ID: 1391964
United States
08/21/2012 05:56 PM
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Re: Seriously, how come so many people are in denial about the inevitable Global Economic Meltdown?
Oops. I think the OP has run off...

Back into the shadows...
 Quoting: Anonymous Coward 4457511


ohyeah
Justalittlebad/more or less
Anonymous Coward
User ID: 1313288
United States
08/21/2012 06:01 PM
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Re: Seriously, how come so many people are in denial about the inevitable Global Economic Meltdown?
And why is it inevitable?

Couldnt countries grow their way out of debt?

I dont believe that will happen, but its not impossible, is it?
 Quoting: Anonymous Coward 22342261


Lol...Just how the hell is the USA gonna grow their way out of a 16 Trillion dollar debt? And all the other countries? Not possible
Anonymous Coward
User ID: 4457511
United States
08/21/2012 06:02 PM
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Re: Seriously, how come so many people are in denial about the inevitable Global Economic Meltdown?
OP, I think if anyone is in denial, you are pal...

If you guys hadn't taken every last hope from people you could have made millions for a lifetime, but you wanted it all. Well, now it's done.

Live with your guilt and greed...
Anonymous Coward (OP)
User ID: 22366994
United Kingdom
08/21/2012 06:02 PM
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Re: Seriously, how come so many people are in denial about the inevitable Global Economic Meltdown?
Come on OP. Tell me why people should care? Tell me how they will ever get back to the kind of world their fathers were born in?

Fool. I am actually looking forward to it. I have nothing left to lose. How about you, you fucking vampire?
 Quoting: Anonymous Coward 4457511


I lied about being a former banker. I still AM a banker!

So fuck you bitch!

cruise
Justalittlebad

User ID: 1391964
United States
08/21/2012 06:03 PM
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Re: Seriously, how come so many people are in denial about the inevitable Global Economic Meltdown?
Come on OP. Tell me why people should care? Tell me how they will ever get back to the kind of world their fathers were born in?

Fool. I am actually looking forward to it. I have nothing left to lose. How about you, you fucking vampire?
 Quoting: Anonymous Coward 4457511


I lied about being a former banker. I still AM a banker!

So fuck you bitch!

cruise
 Quoting: Anonymous Coward 22366994


Not for long....
Justalittlebad/more or less
Anonymous Coward
User ID: 22342261
08/21/2012 06:04 PM
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Re: Seriously, how come so many people are in denial about the inevitable Global Economic Meltdown?
And why is it inevitable?

Couldnt countries grow their way out of debt?

I dont believe that will happen, but its not impossible, is it?
 Quoting: Anonymous Coward 22342261


Lol...Just how the hell is the USA gonna grow their way out of a 16 Trillion dollar debt? And all the other countries? Not possible
 Quoting: Anonymous Coward 1313288


Inflation?
Anonymous Coward
User ID: 4457511
United States
08/21/2012 06:05 PM
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Re: Seriously, how come so many people are in denial about the inevitable Global Economic Meltdown?
And why is it inevitable?

Couldnt countries grow their way out of debt?

I dont believe that will happen, but its not impossible, is it?
 Quoting: Anonymous Coward 22342261


Lol...Just how the hell is the USA gonna grow their way out of a 16 Trillion dollar debt? And all the other countries? Not possible
 Quoting: Anonymous Coward 1313288


He won't come back I don't think. I can't believe the arrogance to suggest this is because people are in denial.

Grrrrr. I would love to give him a good 'ol "fashion" education...
Anonymous Coward
User ID: 1313288
United States
08/21/2012 06:06 PM
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Re: Seriously, how come so many people are in denial about the inevitable Global Economic Meltdown?
And why is it inevitable?

Couldnt countries grow their way out of debt?

I dont believe that will happen, but its not impossible, is it?
 Quoting: Anonymous Coward 22342261


Lol...Just how the hell is the USA gonna grow their way out of a 16 Trillion dollar debt? And all the other countries? Not possible
 Quoting: Anonymous Coward 1313288


If the US just happen to start running a half trillion surplus every year it would take over 40years to be out of debt and we all know there is no chance in hell we can ever do that..good redins all!
Anonymous Coward
User ID: 4457511
United States
08/21/2012 06:07 PM
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Re: Seriously, how come so many people are in denial about the inevitable Global Economic Meltdown?
Come on OP. Tell me why people should care? Tell me how they will ever get back to the kind of world their fathers were born in?

Fool. I am actually looking forward to it. I have nothing left to lose. How about you, you fucking vampire?
 Quoting: Anonymous Coward 4457511


I lied about being a former banker. I still AM a banker!

So fuck you bitch!

cruise
 Quoting: Anonymous Coward 22366994


Laugh. You will see soon what you caused. Enjoy.
Anonymous Coward
User ID: 22301469
Japan
08/21/2012 06:07 PM
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Re: Seriously, how come so many people are in denial about the inevitable Global Economic Meltdown?
Antidepressants are a hell of a drug.

Most people are walking around so whacked out on weed, Prozac, and ambien that they can hardly see straight, never mind process the ongoin meltdown.

Because it doesn't have a violin soundtrack and grainy black-and-white breadlines of dudes in overcoats and fedoras, people can't process this current clusterfuck as a depression.
Anonymous Coward
User ID: 22342261
08/21/2012 06:08 PM
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Re: Seriously, how come so many people are in denial about the inevitable Global Economic Meltdown?
And why is it inevitable?

Couldnt countries grow their way out of debt?

I dont believe that will happen, but its not impossible, is it?
 Quoting: Anonymous Coward 22342261


Lol...Just how the hell is the USA gonna grow their way out of a 16 Trillion dollar debt? And all the other countries? Not possible
 Quoting: Anonymous Coward 1313288


If the US just happen to start running a half trillion surplus every year it would take over 40years to be out of debt and we all know there is no chance in hell we can ever do that..good redins all!
 Quoting: Anonymous Coward 1313288


Its not necessary to repay the debt, its enough to service the debt.
Anonymous Coward (OP)
User ID: 22366994
United Kingdom
08/21/2012 06:12 PM
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Re: Seriously, how come so many people are in denial about the inevitable Global Economic Meltdown?
Come on OP. Tell me why people should care? Tell me how they will ever get back to the kind of world their fathers were born in?

Fool. I am actually looking forward to it. I have nothing left to lose. How about you, you fucking vampire?
 Quoting: Anonymous Coward 4457511


I lied about being a former banker. I still AM a banker!

So fuck you bitch!

cruise
 Quoting: Anonymous Coward 22366994


Laugh. You will see soon what you caused. Enjoy.
 Quoting: Anonymous Coward 4457511


Thread: You're all wasting your time. The Elite will never be brought to justice and the Global Economic Collapse will NEVER happen

bird
Anonymous Coward
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United States
08/21/2012 06:13 PM
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Re: Seriously, how come so many people are in denial about the inevitable Global Economic Meltdown?
Its not necessary to repay the debt, its enough to service the debt.
 Quoting: Anonymous Coward 22342261


Come on man. Wake up. It's over. Stop spouting the verbage you've been fed.
Anonymous Coward
User ID: 22342261
08/21/2012 06:14 PM
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Re: Seriously, how come so many people are in denial about the inevitable Global Economic Meltdown?
Its not necessary to repay the debt, its enough to service the debt.
 Quoting: Anonymous Coward 22342261


Come on man. Wake up. It's over. Stop spouting the verbage you've been fed.
 Quoting: Anonymous Coward 4457511


I dont believe it myself, but its what keeps this thing going. You would need to be able to refute it to make a case for total collapse.
Anonymous Coward
User ID: 4457511
United States
08/21/2012 06:15 PM
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Re: Seriously, how come so many people are in denial about the inevitable Global Economic Meltdown?


I know you don't believe it, but karma is real. It always comes back at ya sooner or later.

I can honestly say that I feel sorry for you...
Anonymous Coward
User ID: 4457511
United States
08/21/2012 06:21 PM
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Re: Seriously, how come so many people are in denial about the inevitable Global Economic Meltdown?
So you want to start a movement to make it all better now? Don't you realize you arrogant bastard that you KILLED IT!

You screwed the goose that was laying your golden fucking egg. And now you are scared and want it back the way it was before huh?

Sorry, it's dead, gone, finished. And people like you killed it...
 Quoting: Anonymous Coward 4457511


I have to be amused that the OP really doesn't understand that they killed their goose. Ha,ha. Wow!

Now who is really in denial here...
Anonymous Coward
User ID: 4457511
United States
08/21/2012 06:31 PM
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Re: Seriously, how come so many people are in denial about the inevitable Global Economic Meltdown?
Well, tell me OP. What do you suggest WE do to fix this little as you guys say "rough spot"? Huh? Work harder? Save more? Another war? Rape more natural resources? Send more jobs to third world countries? More debt?

You have already played those cards. Now what?

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