new_trader
Legendary member
- Messages
- 6,770
- Likes
- 1,656
people are sheep. if everyone knew they go to work 9-5 for 50 years to pay interest on money that never existed untill they borrowed it, im sure they wouldnt be happy!
thats why we go along with anything america does, called paying your insurance premiums :d
Could there be a resurgences of faciasm/communism in europe and ultimately war ala ww1/2?
we live in interesting times..
A lot of Poles are already going back to Poland. Why? Because quality of life is getting better there and they are, in the main, good workers, so I have heard.
Just the job...
Could marijuana save California?
In the 60s hippies fled to the backwoods of northern California to grow pot. There they have been joined by growers of 'medical marijuana' – available with a doctor's recommendation – as well as by Mexican drug cartels. With cannabis now its largest cash crop, the state will soon vote on whether to legalise it fully – and even Governor Arnold Schwarzenegger is thinking the enormous tax revenues might just solve his budget deficit…
http://www.guardian.co.uk/world/2010/may/09/marijuana-legalise-california-drugs-cartels
Thing is we had to go give the Greeks some money so they could invest a bit in education to get their sex habits properly modernised.
Lol I was on the train the other day reading some trashy newspaper and a bordello in Cologne has a reopening and is offering a free fathers day half hour with the lady of your choice lol.
www.pasha.de
Didn't say the offer was only available for Greeks tho haha.
Well I have not studied history in any other country other than the U.S.A. but according to the cycles I have worked out the US should be involved in a major war (on its own soil) around the year 2025 or 26.
And by major I mean the only two possibilities I can see are World War III or the a civil war that results in the US spitting up into several smaller countries.
I should have enough money at that time to buy myself a small island nation.
And to tell the truth I have no idea if that will be good or bad for capitalism but my first guess is it could go either way!:cheesy:
That's what will get you killed........LOL
The immigrants know a good thing when they see one. That's why they come. I went to Spain because I had an opportunity. That's the way it is. If foreigners come in I don't see why the local population should worry about them . As if they did not have enough to worry about already!
A lot of Poles are already going back to Poland. Why? Because quality of life is getting better there and they are, in the main, good workers, so I have heard.
people are sheep. if everyone knew they go to work 9-5 for 50 years to pay interest on money that never existed untill they borrowed it, im sure they wouldnt be happy!
sad fact is alot of people do know, and just lie back and take it. the one thing we British are good at is taking it in the **** and not complaining.
Polland?, with arround 20% unemployment rate?, come on. I know many people from western Europe goes to Polland seeking for a better way of life, but my friend, for them almost anything is better, if someone is already in Spain - these can be argued -, France, UK, Canada, USA, Mexico, Brasil, i wonder, what the hell would these people could find in Polland?, its a beautifull country, of course, but their living standard is far from acceptable for common people.
why u think brazil and mexico is better than poland ?Polland?, with arround 20% unemployment rate?, come on. I know many people from western Europe goes to Polland seeking for a better way of life, but my friend, for them almost anything is better, if someone is already in Spain - these can be argued -, France, UK, Canada, USA, Mexico, Brasil, i wonder, what the hell would these people could find in Polland?, its a beautifull country, of course, but their living standard is far from acceptable for common people.
I think you are wrong. People hasnt been slaved by banks, everyone has been slaved by their own dreams and ambitions.
Its like a drug dealer, they are harmfull for any society but most for drug consumers.
They sell their merchandise, you can take it or not - its up to you -, they are bad for society as long as they seek to make more addicts but they can be your death if you like to use drugs, these figure can be translated to the banks, the only difference is that banks are necessary at any society and drug dealers not.
The only neccesary revolution is that on which people learn to live with what they have, to buy what they can afford, and to spend only what they got, i think its easier to cure addicts.
You are right but, human nature being what it is, we all have ambitions and our parents want us to do better than they did. What my parents and my wife's parents taught me was never to borrow, except for a house. My first house cost 5,300 and I took out a mortgage for the money we didn't have to be repaid in 20 years and we could not borrow more than a certain percentage of our income. Over the decades, since then, the banks increased the percentage that could be borrowed, as we all know to our cost,, but are they completely to blame? It takes two to make a bargain. We have one credit card which is never used except for travelling, car hire, things like that. We pay cash down for a new tv. Up until now we have never borrowed for a car. But, still, lots of people are wasting their money. A lot of the public has not learned its lesson. The wasted thrown out stuff is still piled up around the bins here, in Barcelona, and quarter smoked cigarettes can be found, easily, by the vagabonds on the streets left by smokers who only want a quick puff before they catch a train.
I'm afraid that the pips have got to squeak a bit more before the message gets home.
The sad irony is that you (as a frugal careful person) are going to suffer as much (if not more) than those who binged on the hubris of the past decade with its excessive and easy credit.
The pain to be endured by the socialised losses will not subjectively hunt down those who enjoyed the manic party. The extra approx. 40-100K household debt that you didn't ask for will be placed on you by stealth and you have no say, no vote. Whether you're in Europe or the UK the only issue left is how far do the powers decide to 'stetch out' the pain knowing that the further they do the more baked in stagflation is for decades. It's obvious, that from a political standpoint, no party or power will vote for the short sharp economic nuclear winter we really needed when the banks began their meltdown...
The 'boomers' are in for a helluva shock over the next two decades; worthless currencies, devestating house price crashes, worthless pensions, countless investment scams emerging form the rubble...all those *sensible* things our Moms and Pops told us to do will probably be rendered pointless..
All true but for House Price crashes. House prices will double coupled with high levels of inflation to erode debt.
Savers will lose out and spenders gain. I fear we will have more of the same which will become the prescribed accepted solution.