the 700 bln was to finance the final stage of the endgame of terrorist Bush and Cheney
and this collapse that happens today is all part of their vicious plan
be prepared for the FEMA-train!
Anonymous Coward User ID: 255704 10/6/2008 7:36 AM
Re: Panic! Bank Run! Roubini: US Economy in Cardiac Arrest!
It doesn't matter if you withdraw your cah or not (maybe a few hundred to tide you over in a bank holiday). They'll re-imburse to $250,000 (similar to stimulus payouts)... which will be highly inflationary, but everyone will be in the same boat.
Gloom, despair, and agony on me
Deep dark depression, excessive misery;
If it weren't for bad luck,
I'd have no luck at all:
Gloom, despair and agony on me.
Bank runs "Collapsed American" and started the Great Depression of the 30s ..Bussinesses then Shut thier Doors...Do Not Be A Party to Bank Runs..Your Jobs Depend On It.. Pay Bills As Usual.......Americas Foreign Enemies Hope That Americans Collapse Thier Own Country With Bank Runs..Do Not Collapse Our Nation..Even Your Job Depends On You Not To Collapse Ameica ...We All Must Stand United Now.........No Damm Bank Runs..
It doesn't matter if you withdraw your cah or not (maybe a few hundred to tide you over in a bank holiday). They'll re-imburse to $250,000 (similar to stimulus payouts)... which will be highly inflationary, but everyone will be in the same boat.
Quoting: Anonymous Coward 255704
bro - money will NOT have any value anymore when this is over
only foods will
they can guarantee whatever they wnat but if the money itself has lost its value it won;t mean anything
then only in gold, silver and diamonds you can pay up
or in food ofcourse, the only thing that will safe your ass
Anonymous Coward User ID: 357529 10/6/2008 7:41 AM
Re: Panic! Bank Run! Roubini: US Economy in Cardiac Arrest!
European credit market: ALMOST FROZED. Expect total collapse in 48 hours.
Quoting: Anonymous Coward 357529
the Russian market has stopped already
I assume soon European markets will close too to prevent more damage for this day
but it is a whirl going down with no stopping
I just sincerely hope that Wall Street will have the biggest loss in history this afternoon
they caused this and they deserve to parish
goddam greedy capitalists!
anonymous User ID: 518582 10/6/2008 7:46 AM
Re: Panic! Bank Run! Roubini: US Economy in Cardiac Arrest!
all of this happened during the long reccesion of the 80s ...we did not BANK run..in time we came out of it yrs later..Bank runs would have shut industry wide doors ..we were frugal and came on through it by being frugal...Bank Runs would have put Americans all cross the nation in soup lines....we all survived this same economical mess in the 80s ...Bank Runs Will Collapse Our Great Nation..Stay the course.pay bils as usual.. Our Foreign Enemies want us to bank run and collapse our Great Nation..fight those bastards with no bank runs...All possible jobs in America depend on NO DAMM BANK RUNS .... ..Stand Strong And Steady All Across America..Our great Nation's Survival Depends On Every One Of Us Now..Regardless Of Rumors, Stay The Course.. Remember this all happened in the eighties and we came through those tuff times .We All Stood Strong ...You Must Do This From Now On till Better Days come..THE DAM MEDIA WROTE ALL DAY EVERY DAY OF BUSSINESS OR SOME SAVINGS LOAN OR BANK CLOSURES IN THE 80S ..BUT WE DID NOT BANK RUN...WE CAME THROUGH IT .. IN SPITE OF THE damm Media...
the stocks fell but Americans knew bank runs would destroy our great nation in the 80s ...Bussinesses scaled back to survive..we made it through tuff times because we did not bank run during the 80s ....YOU BETTER KNOW OUR GREAT NATION'S FOREIGN ENEMIES WANT US TO BANK RUN AND CRASH OUR OWN COUNTRY..FIGHT THOSE BASTARDS BACK.....NO BANK RUNS PAY BILLS AS USUAL..WE CAN ONLY MAKE IT THROUGH THIS WITH THIS NATION WIDE STRATEGY..LOCAL TOWNS AND OUR GREAT NATION DEPEND ON "YOU"" NOW..YES LITTLE OLE YOU..
Quoting: anonymous 518582
america you must hang in there now..ignore calls for bank runs remind all, that Bank Runs crashed america in the 1930s . industry shut down from bank runs in 30s do you want to work or not ..do not bank run pay, bills as usual.......everyone in america must today agree no bank runs..regardless..of media hype..they just want more viewers for ratings..fuck those bastards ..they know bank runs will kill america and any possible economic comebacks after a crash on nationwide banks. WE WILL HAVE A RECESSION INSTEAD OF A FULL BLOWN DEEP DEPRESSION IF NO BANK RUNS HAPPENS ..STAND UP FOR YOUR NATION NOW..
Anonymous Coward User ID: 518644 10/6/2008 7:50 AM
Re: Panic! Bank Run! Roubini: US Economy in Cardiac Arrest!
america you must hang in there now..ignore calls for bank runs remind all, that Bank Runs crashed america in the 1930s . industry shut down from bank runs in 30s do you want to work or not ..do not bank run pay, bills as usual.......everyone in america must today agree no bank runs..regardless..of media hype..they just want more viewers for ratings..fuck those bastards ..they know bank runs will kill america and any possible economic comebacks after a crash on nationwide banks. WE WILL HAVE A RECESSION INSTEAD OF A FULL BLOWN DEEP DEPRESSION IF NO BANK RUNS HAPPENS ..STAND UP FOR YOUR NATION NOW..
Quoting: anonymous 518582
you just have no idea what you are dealing with, do you?
what if the derivatemarket will finalkly collapse, as it is supposed to do for months?
did you forget how they held up Bear STaerns only to prevent the derivatee-market to collapse?
you have no idea what is in fornt of you bro
best of luck, you will need it if you think like this!
Anonymous Coward User ID: 518653 10/6/2008 8:02 AM
Re: Panic! Bank Run! Roubini: US Economy in Cardiac Arrest!
actually he's right. The bank runs and effective tightening of credit killed us in 1930.
If people freeze up (which is about to happen) and take their money out, stop spending--that will be the killer.
Screw the derivatives, and screw the stock market in general....household debt is 100% gdp right now----just look back a week.... people are freaked out in 1-2 days---then they ovr-react to the friggin media.
Just sit tight....and pay your bills as you can.
Yes there will be job losses but the stock market only goes up and down on emotion.
Anonymous Coward User ID: 517381 10/6/2008 8:09 AM
Re: Panic! Bank Run! Roubini: US Economy in Cardiac Arrest!
actually he's right. The bank runs and effective tightening of credit killed us in 1930.
Quoting: Anonymous Coward 515894
in 1929 we did not have a criminal government in the USA
that had a massive debt of many trillions of dollars
that only gets more each day because of the illegal wars they continue and the warcrimes they commit
and in 1929 this terrorist WH did not commit a False Flag attack on the worlds economy to gain worldpower
you can not compair those two situations cuz the terrorists in the White House today make it a totally different story
they got a blank check of 700 bln dollars to support their rich friends, and do NOTHING for the common man
meanwhile they fill their pockets and plan for their endgame
truely, there is NO comparission!!
you can not trust this to turn out well in any possible way for the common man the coming years
and therefor peopel have no other choice to secure themselves
cuz they are completely, utterly, totally entirely on their own!!!
Anonymous Coward User ID: 517381 10/6/2008 8:11 AM
Re: Panic! Bank Run! Roubini: US Economy in Cardiac Arrest!
Yes there will be job losses but the stock market only goes up and down on emotion.
Quoting: Anonymous Coward 515894
wrong again: the stockmarkets are manipulated by shortsellers and criminals in the White House for their own purposes!
you really need to update on facts and stop watching FAUX-news dude
Anonymous Coward User ID: 274078 10/6/2008 8:18 AM
Re: Panic! Bank Run! Roubini: US Economy in Cardiac Arrest!
I think they may want people to run the banks as they did before the great depression. It will only collapse the economy quicker. I'm not saying not to have cash available but, if everyone took out all their money it's a guranteed depression.
Quoting: Anonymous Coward 496726
Everyone cannot take out all their money because only a small percentage exists as fiat currency and metal coins.
The vast majority of wealth is digital, which investors will be unable to access during the coming bank holiday.
CASH. Johnny CASH.
Anonymous Coward User ID: 357912 10/6/2008 8:29 AM
Re: Panic! Bank Run! Roubini: US Economy in Cardiac Arrest!
Our system runs on usury. The credit system cannot continue. It must be replaced. With what? Well, how about basing it on the idea of saving and buying things you can afford? I know it sounds radical, but hear me out.
If you want something, like a new computer, you save up money. When you have saved enough, you go and buy it. When you want another car, you save part of the money each week for a few months, then go buy a used car for that amount of money.
It does suck mightily to have to wait for things you really want. Especially when emergencies come up and you have to spend the money you saved on the emergency and then start over for the other thing you need. But that's the way life is supposed to work.
You don't need a bank or credit card. But people have become dependent on them. They can't comprehend that there is a better way.
So we NEED bank runs. Lots of them. We need this collapse so we can ditch the old system of usury and instate a new one based on savings and prudence.
And here is the incentive to play along with this:
EVERYTHING IS CHEAPER IF YOU DON'T BUY IT ON CREDIT!!!!
And, if no one has credit, then prices will fall to levels people can more readily afford to pay.
So if you want to save money, save money.
Anonymous Coward User ID: 274078 10/6/2008 8:30 AM
Re: Panic! Bank Run! Roubini: US Economy in Cardiac Arrest!
all of this happened during the long reccesion of the 80s ...we did not BANK run..in time we came out of it yrs later..Bank runs would have shut industry wide doors ..we were frugal and came on through it by being frugal...Bank Runs would have put Americans all cross the nation in soup lines....we all survived this same economical mess in the 80s ...Bank Runs Will Collapse Our Great Nation..Stay the course.pay bils as usual.. Our Foreign Enemies want us to bank run and collapse our Great Nation..fight those bastards with no bank runs...All possible jobs in America depend on NO DAMM BANK RUNS .... ..Stand Strong And Steady All Across America..Our great Nation's Survival Depends On Every One Of Us Now..Regardless Of Rumors, Stay The Course.. Remember this all happened in the eighties and we came through those tuff times .We All Stood Strong ...You Must Do This From Now On till Better Days come..THE DAM MEDIA WROTE ALL DAY EVERY DAY OF BUSSINESS OR SOME SAVINGS LOAN OR BANK CLOSURES IN THE 80S ..BUT WE DID NOT BANK RUN...WE CAME THROUGH IT .. IN SPITE OF THE damm Media...
the stocks fell but Americans knew bank runs would destroy our great nation in the 80s ...Bussinesses scaled back to survive..we made it through tuff times because we did not bank run during the 80s ....YOU BETTER KNOW OUR GREAT NATION'S FOREIGN ENEMIES WANT US TO BANK RUN AND CRASH OUR OWN COUNTRY..FIGHT THOSE BASTARDS BACK.....NO BANK RUNS PAY BILLS AS USUAL..WE CAN ONLY MAKE IT THROUGH THIS WITH THIS NATION WIDE STRATEGY..LOCAL TOWNS AND OUR GREAT NATION DEPEND ON "YOU"" NOW..YES LITTLE OLE YOU..
america you must hang in there now..ignore calls for bank runs remind all, that Bank Runs crashed america in the 1930s . industry shut down from bank runs in 30s do you want to work or not ..do not bank run pay, bills as usual.......everyone in america must today agree no bank runs..regardless..of media hype..they just want more viewers for ratings..fuck those bastards ..they know bank runs will kill america and any possible economic comebacks after a crash on nationwide banks. WE WILL HAVE A RECESSION INSTEAD OF A FULL BLOWN DEEP DEPRESSION IF NO BANK RUNS HAPPENS ..STAND UP FOR YOUR NATION NOW..
Quoting: anonymous 518582
stand strong ..we went through this before and did not crash our great nation in the 80s with bank runs..our economies even in deep reccesions depend on No Damm Bank Runs..Bad stocks existed in the 80s ..bad stock markets in the 30s followed by media hype everyday started Bank Runs in the 30s then america crashed hard and fast....deposit you money as usual and pay bills as usual..that is why we came on throgh a recession instead of having to deal with a crashed america depression like 30s
Anonymous Coward User ID: 506185 10/6/2008 8:38 AM
Re: Panic! Bank Run! Roubini: US Economy in Cardiac Arrest!
juwst a thought?, say they do have a major run on banks and the banks are shut down for a week, what are the odds when they reopen that the Amero will be the new currency and you have to take all those greenbacks back to the bank for conversion? just a thought
anonymous User ID: 518582 10/6/2008 8:44 AM
Re: Panic! Bank Run! Roubini: US Economy in Cardiac Arrest!
juwst a thought?, say they do have a major run on banks and the banks are shut down for a week, what are the odds when they reopen that the Amero will be the new currency and you have to take all those greenbacks back to the bank for conversion? just a thought
Quoting: Anonymous Coward 506185
an't gonna happen ..Americans will stand strong across our nation..our survival depends on it..and americans know it..they read history books ..too..
GREY LENSMAN User ID: 518672 10/6/2008 8:44 AM
Re: Panic! Bank Run! Roubini: US Economy in Cardiac Arrest!
Its all planned!!! MacKinders World: Financial Collapse and World War III
By Francis P. Sempa
Halford Mackinder’s ideas, which began to appear in print almost a century ago, have assumed classic status in the world of political geography. Policy makers and scholars remember them now mainly for the seemingly simple formula that control of Eastern Europe would bring command of the “Heartland,” thus control of the “World-Island” (Eurasia), and ultimately the world. His ideas in their entirety, including his own later reconsiderations, form a complex, powerful body of work. The author, who is deputy attorney general for the Commonwealth of Pennsylvania, revisits Mackinder’s professional career. ~ Ed.
The study of international relations is impossible without a firm grasp of geography. The geographic factor in world history is the most fundamental because it is the most constant. Populations increase and decrease, natural resources are discovered and expended, political systems frequently change, empires and states rise and fall, technologies decline and advance, but the location of continents, islands, seas and oceans has not changed significantly throughout recorded history. That is why great nations neglect the study of geography at their peril.
No one understood better the important relationship between geography and world history than the great British geographer, Halford John Mackinder. Born in Gainsborough, England, in 1861, Mackinder attended Gainsborough Grammar School and Epsom College before entering Oxford in 1880. As a boy, according to W. H. Parker, Mackinder had “a strong curiosity about natural phenomena, … a love of the history of travel and exploration, an interest in international affairs, and a passion for making maps.”1
At Oxford, Mackinder fell under the influence of Michael Sadler and Henry Nottidge Mosely, key figures in the effort to establish geography as an independent field of study in England. Mackinder was appointed a lecturer in natural science and economic history in 1886 and that same year joined the Royal Geographical Society. According to Brian W. Blouet, one of Mackinder’s biographers, the membership of the Royal Geographical Society “consisted of men with a general interest in the world and its affairs, officers from the army and navy, businessmen, academics, schoolteachers, diplomats, and colonial administrators.”2 The next year (1887), Mackinder wrote his first major paper, “On the Scope and Methods of Geography,” which has been called “a classic document in the history of the development of British geography.”3 In that paper, Mackinder argued that “rational” political geography was “built upon and subsequent to physical geography.” “Everywhere,” he wrote, “political questions will depend on the results of the physical inquiry.” Political geography’s function was “to trace the interaction between man and his environment.” That environment, Mackinder explained, included the “configuration of the earth’s surface,” climate and weather conditions, and the presence or absence of natural resources.4
Four of the ideas mentioned in “On the Scope and Methods of Geography” are key to understanding Mackinder’s subsequent geopolitical writings.
First, Mackinder expressed his view that the goal of a geographer was to “look at the past [so] that he may interpret the present.”
Second, he noted that man’s great geographical discoveries were nearing an end; there were very few “blanks remaining on our maps.”
Third, Mackinder described the two kinds of political conquerors as “land-wolves and sea-wolves.”
And, fourth, he recognized that technological improvements made possible “the great size of modern states.”5
Upon the foundation of those four ideas Mackinder later constructed his famous global theory.
In June 1887, Mackinder was appointed Reader in Geography at Oxford, and he began to lecture on the influence of geography on European history. He visited the United States in 1892, lecturing at the University of Pennsylvania, Swarthmore, Drexel, Harvard, Princeton and Johns Hopkins. The same year, he was appointed Principal of Reading College at Oxford, a position he held for eleven years. In 1893-1894, Mackinder gave a series of ten lectures on the relations of geography to history in Europe and Asia. Five years later, he helped found the School of Geography at Oxford, and participated in an expedition that climbed Mount Kenya, Africa’s second-highest peak.6
In 1902, Mackinder wrote his first major book, Britain and the British Seas. Although primarily concerned, in Mackinder’s words, “to present a picture of the physical features and conditions” of Britain, the book’s chapters on “The Position of Britain,” “Strategic Geography,” and “Imperial Britain” contain insights on global affairs that foreshadowed Mackinder’s subsequent geopolitical works. In the book, he described Britain as being “of Europe, yet not in Europe,” and as lying “off the shores of the great continent.” British predominance in the world rested on its “command of the sea,” wrote Mackinder, because “[t]he unity of the ocean is the simple physical fact underlying the dominant value of sea-power in the modern globe-wide world.” “A new balance of power is being evolved,” Mackinder opined, and it included “five great world states, Britain, France, Germany, Russia, and America.” Mackinder suggested, however, that Britain’s position as the preeminent world power was endangered due to “permanent facts of physical geography” in the form of “the presence of vast Powers, broad-based on the resources of half continents” (i.e., Russia and the United States).7
The threat to British preeminence and to the liberty of the world was the subject of Mackinder’s bold, provocative essay, “The Geographical Pivot of History,” which he delivered to the Royal Geographical Society on January 25, 1904. He began this seminal work by noting that the last stage of “geographical exploration” (which he called the “Columbian epoch”) was nearing its end. “In 400 years,” he wrote, “the outline of the map of the world has been completed with approximate accuracy.” Moreover, since conquerors, missionaries, miners, farmers and engineers “followed so closely in the travelers’ footsteps,” the world was for the first time a “closed political system.” This meant, wrote Mackinder, that “every explosion of social forces, instead of being dissipated in a surrounding circuit of unknown space and barbaric chaos, will be sharply re-echoed from the far side of the globe, and weak elements in the political and economic organism of the world will be shattered in consequence.” Nations, in other words, could no longer safely ignore major events that occurred in far away places of the globe.
Mackinder’s avowed purposes in writing the “pivot” paper were to establish “a correlation between the larger geographical and the larger historical generalizations,” to provide “a formula which shall express certain aspects… of geographical causation in universal history,” and to set “into perspective some of the competing forces in current international politics.”
Mackinder pictured Europe and Asia as one great continent: “Euro-Asia.” He described Euro-Asia as: “a continuous land, ice-girt in the north, water-girt elsewhere, measuring twenty-one million square miles….” The center and north of Euro-Asia, he pointed out, measure “some nine million square miles, … have no available waterways to the ocean, but, on the other hand, … are generally favorable to the mobility of horsemen…. ” To the “east and south of this heart-land,” he further explained, “are marginal regions, ranged in a vast crescent, accessible to shipmen.”
Mackinder noted that between the fifth and sixteenth centuries, a “succession of … nomadic peoples” (Huns, Avars, Bulgarians, Magyars, Khazars, Patzinaks, Cumans, Mongols and Kalmuks) emerged from Central Asia to conquer or threaten the states and peoples located in the “marginal crescent” (Europe, the Middle East, southwest Asia, China, southeast Asia, Korea and Japan). Beginning in the late fifteenth century, however, the “great mariners of the Columbian generation” used seapower to envelop Central Asia. “The broad political effect” of the rise of sea powers, explained Mackinder, “was to reverse the relations of Europe and Asia….” “[W]hereas in the Middle Ages Europe was caged between an impassable desert to south, an unknown ocean to west, and icy or forested wastes to north and north-east, and in the east and south-east was constantly threatened by the superior mobility of the horsemen,” Mackinder further explained, “she now emerged upon the world, multiplying more than thirty-fold the sea surface and coastal lands to which she had access, and wrapping her influence around the Euro-Asiatic land-power which had hitherto threatened her very existence.”
Often unappreciated, however, Mackinder believed, was the fact that while Europe expanded overseas, the Russian state based in Eastern Europe and Central Asia expanded to the south and east, organizing a vast space of great human and natural resources. That vast space would soon be “covered with a network of railways,” thereby greatly enhancing the mobility and strategic reach of land power.
With that geo-historical background, Mackinder identified the northern-central core of Euro-Asia as the “pivot region” or “pivot state” of world politics. He placed Germany, Austria, Turkey, India and China, lands immediately adjacent to the pivot region, in an “inner crescent,” and the insular nations of Britain, South Africa, Australia, the United States, Canada and Japan in an “outer crescent.” He then warned that, “[t]he oversetting of the balance of power in favour of the pivot state, resulting in its expansion over the marginal lands of Euro-Asia, would permit the use of vast continental resources for fleet-building, and the empire of the world would then be in sight.” Mackinder suggested that either a Russo-German alliance or a Sino-Japanese empire (which conquered Russian territory) could contend for world hegemony. In either case, “oceanic frontage” would be added to “the resources of the great continent,” thereby creating the geopolitical conditions necessary for producing a great power that was supreme both on land and at sea.
“I have spoken as a geographer,” Mackinder acknowledged toward the end of the paper. But he carefully avoided geographical determinism in assessing the world situation: “The actual balance of political power at any given time is… the product, on the one hand, of geographical conditions, both economic and strategic, and, on the other hand, of the relative number, virility, equipment and organization of the competing peoples.”8
I think they may want people to run the banks as they did before the great depression. It will only collapse the economy quicker. I'm not saying not to have cash available but, if everyone took out all their money it's a guranteed depression.
Quoting: Anonymous Coward 496726
I agree...we didn't take our money out.
Paradigm Just a guy User ID: 515324 10/6/2008 10:58 AM
Re: Panic! Bank Run! Roubini: US Economy in Cardiac Arrest!
It is stated that one mans garbage is another mans treasure. I submit to you that the same can be said for information or knowledge. What is truth and religion to one man is a conpsiracy to another; and to another, that information could be utter nonsense.
*******************
Yeah, that's right- I've already broken out the Christmas decor!
It is stated that one mans garbage is another mans treasure. I submit to you that the same can be said for information or knowledge. What is truth and religion to one man is a conpsiracy to another; and to another, that information could be utter nonsense.
*******************
Yeah, that's right- I've already broken out the Christmas decor!
Anonymous Coward User ID: 517381 10/6/2008 12:01 PM
Re: Panic! Bank Run! Roubini: US Economy in Cardiac Arrest!
Belgium Bel 20 -193.62 -7.02%
Europe DJ Stoxx -206.64 -7.58%
France CAC -359.86 -8.82%
Germany DAX -437.76 -7.55%
Netherlands AEX -31.87 -9.26%
Spain IBEX35 -598 -5,24%
Sweden OMX -60.76 -7.79%
UK FTSE 100 -395.25 -7.94%
this is really unbelievable
lets just hope Wall Street crashes at least 5 times as worse
they deserve to go bankrupt, they caused this
the 700 bln will be vaporized before the end of the week
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