How Bad Has The Global Economy Really Gotten? Both ECB And FED Launch Unlimited QE!!!

It's almost over. nothing to do now but sit back and watch Rome burn to the ground. Anyone got a violin?

I'm panicking because food & gas prices will skyrocket in matter of days.

The UK printed money (QE) twice since the big crunch and guess what!?

It was immediatley swallowed up by high frequency trading

[link to en.wikipedia.org]

The next big idea to re-start the economy isto relax all planning regulations so anyone can build anything anywhere.

[link to www.bbc.co.uk]

Trust me when I say they have already been relaxed for years.

Those dollars and pounds will be worthless soon.

Hyperinflation will be our demise.

Buy some food and ammo while the shelves are still full.

I cannot help but recall this passage I read on Sunday, really spoke to me in these times we are in...

11 This is what the Lord says to me with his strong hand upon me, warning me not to follow the way of this people:

12 “Do not call conspiracy
everything this people calls a conspiracy;
do not fear what they fear,
and do not dread it.
13 The Lord Almighty is the one you are to regard as holy,
he is the one you are to fear,
he is the one you are to dread.

[link to www.biblegateway.com]

Speechless

The idea of unlimited QE can o ly be to destroy the currencies. They will continue unyil they have been thrown out or hyper-inflation kills millions.

Or we can step in, form groups and credit unions.

I don't want Dow's pesticides, Mc Donalds or Nike any more.

I want locally grown food in exchange for my skills as a metal worker.

About says it all :)))

The last act of fading empires, debase the currency...

We are seriously screwed.

This will cause massive devaluation of the dollar and massive hyper inflation.

How badly they want to destroy the US so they can bring about a new global system.

My one hope right now is that when they do, they will eliminate all existing debt and start fresh. That will at least give us some time to buy more supplies before all hell breaks loose.

Seems like everything is pointing towards burning down Babylon, but will the great whore take everyone else down with her?

If only we all did, we might be free

Good article I found regarding QE1 and QE2 on the price of oil. Pretty disgusting.


[link to www.intellectualtakeout.org]

Sorry to say it but, yeah...pretty much. *sigh*

So… we’ve now got both the ECB AND the US Federal Reserve promising to do “open ended” purchases of various bonds. If this doesn’t make it clear, point blank that the Central Banks don’t have a CLUE how to solve the Financial Crisis this is it.

For example, I got a loan from citi, and somehow I default on my loan and the fed bought it from citi, but it doesn't make my loan disappear! WTF!!!

The bible says it will happen! Good news is that we have lots of neat things to look forward to like the 1,000 year reign and etenral life!

I think this is their option because china dragons own the fed, so they are going to priint their own money. yOu have not been informed of that truth which happened 2 years ago now. The fed is NOT a US of A organization/private bank. It is the global central bank. It was under the committee of 300, their tool, chaired by the queen.

Like i posted somewhere else on here it´s a done deal, the meltdown cant be stopped every Nation is so deep in debt they never can payback.

All they can do now is run the printing press 24/7.

Now it´s just who runs it faster EU or US.

And when i read this [link to www.spiegel.de]

The US allready trys to counter it EU buys crap, US buys more crap.

It´s all about the money from thin air and one day we´ll wake up and a loaf bread will cost 10€, and then we will ask "got Rope?".

eah, and what is Santa gonna bring you? I know with the
Easter bunny its eggs

Months, not days.

You still have plenty of time to fill your cupboards.

People are not buying because they are in debt. The American people are in debt. Small business is in debt.


[link to www.bloomberg.com]

That proves it.


Unlimited QE and buying housing bonds is not going to fix the problem. These fucking dickwads are so far out of touch with the real issue it's almost laughable at this point.

They have no clue what they are doing, they don't know how to fix the issue.


People need debt relief so they can take on fresh credit and buy new things. As it stands now nobody is buying shit because they don't know if they will have jobs, they are not getting raises, and incomes have dropped.


They are not buying anything because they have too much debt as it is. Credit cards are maxed out, people are living paycheck to paycheck, and people have no discretionary income.


Groceries, gas, health insurance costs are at record levels. Any extra money people had is gone.

These fucking goomba's in charge are now printing billions of dollars and continuing a program that failed the first two times.

If I had to write a book on an insane country it would be about the USA since 2007.

That's when everything really went to shit.

Last Edited by FatalW1shes on 09/13/2012 04:39 PM

This seems like an important thread.

I spend 1.2k for my mortgage payments and utility and around 1k for food to feed my family every month and I make about 2.5k every month. 200-300 for gas. And even I don't eat out and shopping, I barely get by every month. If I spend $200 more for my food or gas, I just have to use my credit card to pay my bills. opps, I forgot to include the credit card payments. holy cow!

Last Edited by waht on 09/13/2012 04:56 PM

I still didn't get my Obama money. WTF?

How long do you think we have? 3 months, 6 months, 1 year, 2 years?

The economy was in desperate danger under dubya and they lied about it. After the repubs realized they couldnt win the 2008 elections they bailed and took their illgotten gains with them. The WORLD ECONOMY ACTUALLY CRASHED and SHATTERED.

But never fear we have quantative easing which is an example of trickle down economics.... Provide liquidity to the banks, who will then in turn lend the money to the businesses and consumers, the consumers will then spend, which will create demand for products and services, who will then create jobs which will then boost the economy and continue the cycle.

Money then trickles down through out the system. Is it working?

we are ALL on life support.

there is absolutely ZERO confidence in the future, and you have to ask yourselves WHY!

what do THEY know?

well under careful analysis it seems that trickle down isn't working because of golden diamond encrusted drip pans catching all the trickles and funneling them directly to the cayman islands. Better give those guys another tax cut.

Romney 2012. Hurrrr.