conspiracy free debate about the world economy...
Posted: Wed Sep 17, 2008 1:24 am
with all the bank runs, closures, take overs, massive mortgage company's going into receivership, and some of the elite independent brokerage firms of the world being taken over, i have to ask...is this the beginning of the global economic collapse?
before you answer you all need to know that the american govt is now totally dependent on foreign country's buying up american treasury bonds so it can carry on, without other country's buying up the bonds the govt of america will collapse.
the american govt has basically taken over the running of fanny mae and freddie mac, just that guarantee alone is another 3 to 5 trillion dollar debt on the already near 10 trillion dollar debt it owes to the fed. that additional debt has placed the american govts ability to borrow money from the fed in SERIOUS jeopardy.
this all makes the collapse of enron look trivial in comparison and yet no one is being or going to be held accountable
with so many american jobs going abroad and entire industries being boxed up and shipped out to other country's the peoples ability to borrow money is maxed out because even lower interest rates will not help stimulate the economy because people wont be able to borrow any more money if there is no work for them.
even tho in the uk we don't have the problem of jobs going abroad, our open borders policy and minimum wage has taken many high paying jobs of the past and turned them into jobs that only foreigners will do. so instead of shipping out our industries we have swamped england with many people who will work for the minimum wage and have the same result as america, we just did the reverse of what the american govt has done.
another thing is, while the housing bubble was expanding, wages stayed stagnant and people where given a false sense of wealth where people have borrowed themselves into so much debt that peoples lives are now being destroyed on an industrial scale worldwide, and the future looks grim indeed if people can no longer find a job that will pay enough for them to borrow if the economy does pick up, especially here in the UK where we have the minimum wage.
we are walking an economic knife edge and i have no faith that things will get any better, so my questions are:
1) will the west recover and things will get better or not?
2) do you feel your economic future is secure?
3) do you think the govt is doing ok?
4) why do you think the govt is still trust worthy when it is incapable of running the economy?
5) war is the biggest debt generator of them all and with so many wars worldwide and with so many potential wars waiting in the wings how can we trust that the economy of the west WONT collapse?
6) with so many banks, mortgage firms and brokerages collapsing on a daily basis now, there is a very real threat that we are going to have mega corps running everything, do you still think things will be OK in the long run?
7) how can we claim things will get better when the majority of family's have both parents working just to get by, and many of those parents working multiple jobs?
8, we know for a fact that the banks want to kill cash and bring in total electronic money in the form of an RFID chip which will contain ALL your details and NOT just your bank account, in this light how can we trust that dissension will not be met with the shutting down of your chip and starving you to death just to shut you up, how can we trust that the info on the chip will be secure when its been proven that RFID chips are anything but safe and secure??
9) do you believe that the economy WILL 100% collapse, if so why in your opinion do you believe it will happen??
10) how can ANY nation claim to be free if RFID chips are introduced?
if you have a question of your own which could be added to that list please let me know and i'll add them...
let the debate begin!
P.S. no conspiracy's or anything like that, just a pure debate about the global or your national economy.
before you answer you all need to know that the american govt is now totally dependent on foreign country's buying up american treasury bonds so it can carry on, without other country's buying up the bonds the govt of america will collapse.
the american govt has basically taken over the running of fanny mae and freddie mac, just that guarantee alone is another 3 to 5 trillion dollar debt on the already near 10 trillion dollar debt it owes to the fed. that additional debt has placed the american govts ability to borrow money from the fed in SERIOUS jeopardy.
this all makes the collapse of enron look trivial in comparison and yet no one is being or going to be held accountable
with so many american jobs going abroad and entire industries being boxed up and shipped out to other country's the peoples ability to borrow money is maxed out because even lower interest rates will not help stimulate the economy because people wont be able to borrow any more money if there is no work for them.
even tho in the uk we don't have the problem of jobs going abroad, our open borders policy and minimum wage has taken many high paying jobs of the past and turned them into jobs that only foreigners will do. so instead of shipping out our industries we have swamped england with many people who will work for the minimum wage and have the same result as america, we just did the reverse of what the american govt has done.
another thing is, while the housing bubble was expanding, wages stayed stagnant and people where given a false sense of wealth where people have borrowed themselves into so much debt that peoples lives are now being destroyed on an industrial scale worldwide, and the future looks grim indeed if people can no longer find a job that will pay enough for them to borrow if the economy does pick up, especially here in the UK where we have the minimum wage.
we are walking an economic knife edge and i have no faith that things will get any better, so my questions are:
1) will the west recover and things will get better or not?
2) do you feel your economic future is secure?
3) do you think the govt is doing ok?
4) why do you think the govt is still trust worthy when it is incapable of running the economy?
5) war is the biggest debt generator of them all and with so many wars worldwide and with so many potential wars waiting in the wings how can we trust that the economy of the west WONT collapse?
6) with so many banks, mortgage firms and brokerages collapsing on a daily basis now, there is a very real threat that we are going to have mega corps running everything, do you still think things will be OK in the long run?
7) how can we claim things will get better when the majority of family's have both parents working just to get by, and many of those parents working multiple jobs?
8, we know for a fact that the banks want to kill cash and bring in total electronic money in the form of an RFID chip which will contain ALL your details and NOT just your bank account, in this light how can we trust that dissension will not be met with the shutting down of your chip and starving you to death just to shut you up, how can we trust that the info on the chip will be secure when its been proven that RFID chips are anything but safe and secure??
9) do you believe that the economy WILL 100% collapse, if so why in your opinion do you believe it will happen??
10) how can ANY nation claim to be free if RFID chips are introduced?
if you have a question of your own which could be added to that list please let me know and i'll add them...
let the debate begin!
P.S. no conspiracy's or anything like that, just a pure debate about the global or your national economy.
to whatever god you believe in, cause we're totally **Filtered**!
