This is a conspiracy site, right? What if.... | |
Anonymous Coward User ID: 1481396 Canada 07/27/2011 08:12 AM Report Abusive Post Report Copyright Violation | |
DracoLX (OP) User ID: 1137071 Portugal 07/27/2011 08:13 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1468613 Australia 07/27/2011 08:19 AM Report Abusive Post Report Copyright Violation | |
DracoLX (OP) User ID: 1137071 Portugal 07/27/2011 08:24 AM Report Abusive Post Report Copyright Violation | America will fall then Europe but Australia will remain to play golf with Canada in all the vacant land? Quoting: mr2Sure.... this is the kind of discussion GLP is good at. Someone try to start a serious and real discussion with some potential realistic doom and... well... i guess my days here are finishing... Cheers, Draco |
Anonymous Coward User ID: 1476928 United Kingdom 07/27/2011 08:27 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 475310 United Kingdom 07/27/2011 08:52 AM Report Abusive Post Report Copyright Violation | This might be the masterplan. The US is $15trn or so in debt. If it was a corporation, it would declare bankruptcy and walk away from its debts. Like most failed companies, it could then just start up again, with a clean balance sheet. Let's be real, the debt isn't serviceable. The interest alone is hundreds of billions and this continues to be added to the principal. I saw a stat recenently for the UK - the interest on our debt is more than the combined defence, education and NHS budgets - frightening. Something has gotta give. The debt will never be repaid, ever. The sooner people realise that, the sooner we can move on. Or, you can just keep raising the debt ceiling, piling on more borrowing and delaying the inevitable for generations to come. Capitalism has failed. The world we see around us is an illusion built on a never ending pile of debt. |
Anonymous Coward User ID: 1480705 Portugal 07/27/2011 08:57 AM Report Abusive Post Report Copyright Violation | |
GeekOfTheWeek User ID: 1383040 United States 07/27/2011 09:06 AM Report Abusive Post Report Copyright Violation | Europe is in panic mode because the US economy is in shambles. This is a direct result of the world trying to become one. AT this point we are two main currencies. Just 2. So what do you think will happen when only 2 are holding the ball, one falls the other won't be able to hang on. I love physics. It bonds us eternally, it's what makes our computers work, it's what's in my morning cup of coffee, it's the thing that keeps the universe from vanishing due to lack of belief... |
DracoLX (OP) User ID: 1137071 Portugal 07/27/2011 10:31 AM Report Abusive Post Report Copyright Violation | Capitalism has failed. The world we see around us is an illusion built on a never ending pile of debt. Quoting: Anonymous Coward 475310If America falls, most the world will right along with it. Quoting: GeekOfTheWeekEurope is in panic mode because the US economy is in shambles. Exactly! Now the main question is... what will be the new path to follow. How will be handled what is about to come. For me, and it's my personal opinion, it's not a matter of "if it happens" but "when it happens". How it will be handled all this debt scenario that each one of us face with the banks (our houses, our cars, etc...). I don't know but i fear for the future of our kids. Difficult times ahead for sure to be optimistic, total chaos and anarchy to be more realistic. Just my 2 cents... Last Edited by DracoLX on 07/27/2011 10:33 AM Cheers, Draco |
Anonymous Coward User ID: 1484561 Germany 07/27/2011 10:33 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1476127 Australia 07/27/2011 10:39 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1484763 United Kingdom 07/27/2011 10:48 AM Report Abusive Post Report Copyright Violation | This might be the masterplan. The US is $15trn or so in debt. If it was a corporation, it would declare bankruptcy and walk away from its debts. Like most failed companies, it could then just start up again, with a clean balance sheet. Quoting: Anonymous Coward 475310Let's be real, the debt isn't serviceable. The interest alone is hundreds of billions and this continues to be added to the principal. I saw a stat recenently for the UK - the interest on our debt is more than the combined defence, education and NHS budgets - frightening. Something has gotta give. The debt will never be repaid, ever. The sooner people realise that, the sooner we can move on. Or, you can just keep raising the debt ceiling, piling on more borrowing and delaying the inevitable for generations to come. Capitalism has failed. The world we see around us is an illusion built on a never ending pile of debt. yes but who is being repaid? |
DracoLX (OP) User ID: 1137071 Portugal 07/27/2011 10:49 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1484763 United Kingdom 07/27/2011 10:51 AM Report Abusive Post Report Copyright Violation | |
DracoLX (OP) User ID: 1137071 Portugal 07/27/2011 10:59 AM Report Abusive Post Report Copyright Violation | jump to 2 mins 50 seconds if you don't want to watch all of it Quoting: Anonymous Coward 1484763Do you know that answer? In the end, is there really a debt? Don't all countries owe money to each other? Pure specultation, pure fiction i must say...! And we are the pawns. At least we know to whom we owe our money. Cheers, Draco |
Anonymous Coward User ID: 1484763 United Kingdom 07/27/2011 11:05 AM Report Abusive Post Report Copyright Violation | jump to 2 mins 50 seconds if you don't want to watch all of it Quoting: Anonymous Coward 1484763Do you know that answer? In the end, is there really a debt? Don't all countries owe money to each other? Pure specultation, pure fiction i must say...! And we are the pawns. At least we know to whom we owe our money. did you watch the video? it's all a bubble you can't pay debt with debt so eventually there will be a defualt the 'agent' who lends the USA (for example) their money will not actually loose anything if the US default as they don't put anything into the bargain (no consideration) for anyone who doesn't understand what is going on watch either 'money as debt' or 'the money masters' |
Anonymous Coward User ID: 1484763 United Kingdom 07/27/2011 11:08 AM Report Abusive Post Report Copyright Violation | jump to 2 mins 50 seconds if you don't want to watch all of it Quoting: Anonymous Coward 1484763they don't put anything into the bargain (no consideration) I mean the money isn't backed by anything. the money is created out of thin air and then it is used to buy real goods ok but tax is charged on each dollar created so someone is always loosing out somewhere and that someone is usually those at the lower end of the scale, who don't have the means to play the game, i.e. the debt slave yes we are all slaves if there is a war it will be proxy and poxy |
DracoLX (OP) User ID: 1137071 Portugal 07/27/2011 11:14 AM Report Abusive Post Report Copyright Violation | jump to 2 mins 50 seconds if you don't want to watch all of it Quoting: Anonymous Coward 1484763Do you know that answer? In the end, is there really a debt? Don't all countries owe money to each other? Pure specultation, pure fiction i must say...! And we are the pawns. At least we know to whom we owe our money. did you watch the video? it's all a bubble you can't pay debt with debt so eventually there will be a defualt the 'agent' who lends the USA (for example) their money will not actually loose anything if the US default as they don't put anything into the bargain (no consideration) for anyone who doesn't understand what is going on watch either 'money as debt' or 'the money masters' And what did i just said mate? Yet not everyone share this point of view. And the saddest part is that the majority of the world population firmly believe in all this fictious and corrupted scheme. Cheers, Draco |
wisc_natureboy User ID: 1481491 United States 07/27/2011 11:16 AM Report Abusive Post Report Copyright Violation | |
DracoLX (OP) User ID: 1137071 Portugal 07/27/2011 11:21 AM Report Abusive Post Report Copyright Violation | yes we are all slaves Quoting: Anonymous Coward 1484763So true. And what do you think it will happen when all of us who can't play this game (the debt slaves as you so eloquently called us) loose everything we owe? When this system fail, and it will, what do you think it will happen then? Cheers, Draco |
Anonymous Coward User ID: 1260049 China 07/27/2011 11:48 AM Report Abusive Post Report Copyright Violation | The collapse will be a blessing. Governments won't be able to save banks, the fed and the IMF. Adieu, goodbye good riddance. Governments will announce they have a plan and start to print money themselves because we have experienced that it is only our belief in a system that upkeeps it like the toiletpaper system we have today, it is upheld by belief in it. Finally the stranglehold of banks and the fed will loosen its grip on humanity. Gonna be fun, sheople not rioting now in the face of so much corruption and misery so why would they revolt when the bogus system collapses? The sooner it collapses the better, our freedom is at hand. |
Anonymous Coward User ID: 1484671 United Kingdom 07/27/2011 11:55 AM Report Abusive Post Report Copyright Violation | America falls Europe falls Britain gets back up thanks to the debt owed to us from America Canada stumbles as 70% of its exports go to America these a now exported to china china takes over as the dominant superpower Europe starts again practicing self sufficiency instead of trade become insular Britain falls again china starts giving out aid in a bid to cut its new influx of immigrants America invades some poor country with lots of natural resources 2028 massive resource wars breakout 9% of the worlds population die mass starvation and poverty naaaah nothing will actually happen |