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the approach being taken to “fix’ the economy is much easier than getting a billion people to accept that a new reality is at hand. I love you channel — thanks!
never mind the IMF get to grips with who creates the money in the first place, who creates the wealth???? veronica chapman seems to have answers- read her book
How a monetary system goes POOF if we can print money from thin air? What will be the reason for that to happen if the exponential growth can go to infinite.
When this gone end.
It’s a dead end and you can’t go back.
Going to a collision ?
Nick,
I am struggling to understand how “doing the right things:” leads to home ownership in the first place. Do gangsters do the right thing since they own a home? are working class people doing the wrong thing? ze mind boggles. I lost a really nice watch once… a tetris watch. that really fucking socket… but someone gave me a piece of advice that i’d been hearing most of my life: “tough shit:
Look up exponential growth. We are getting into the trillions “printed”. If they keep going, we will soon get to the ppoint where the “doubleing time” gets realy short, and the monetary system goes “POOF”.
yes print more money was the answer once.
But to save the planet, they do not want to destroy the CO2 absorbing trees. So they type numbers in a computer, that gain value because it is called “quatitative easying”. I also type numbers in a computer, but i cannot buy something with that. Weird.
@RIPPING1001 Yep, just use an IPCC approved computer model, that will give you the results you need. Cheers
Great vid MM.
haggs, Iceland
Yes, every Symphony must start with one note.
@davidnightingale
Well, I’m using a carbon offset at the moment to cover it
The offset is a wind up radio… not sure it covers all of it though…
But going by the current state of expert opinion on finance, budget deficits etc the numbers are just as sound?
Saw the 3 main UK parties on TV last night employing stupid crazy logic to say we stay in Afghanistan until the “job is done”??? We are bankrupt and yet feel obliged to fight for….??? in one of the biggest Sh*tholes on this planet. Oh and we accidently killed 27 civilians yesterday, damm it , we must be more careful.
We need a leader to get us out of this crap and I cant see one yet, but one will come. Always has, so far for the UK ….blind optimism? – thats all we have left
@RIPPING1001 Don’t worry that nice Mr Gore will sell you indulgencies at very reasonable rates!
Seriously they may be banking on the fact that most folks will have to carry on using your level of energy, and thus they will be on a nice little earner. Cheers
I kWh per day???, I’m struggling to use less than 25kWh per day.
I know… I’m going to climate change hell
Agreed…to stimulate or not to stimulate. I prefer b as it is the more honest approach. Hard truth and deal with the consequences now. If your kitchen is on fire, you don’t think about what you will put in its place, you put it out.
The point is I think the powers that be don’t even think this can work and are delaying the inevitable. The farther down this road we go, the harder the fall for all of us.
I am very interested to see what happens in Iceland.
i hope you dont mind the occassional expletive, but FUCK the IMF.
IMF loses their authority once they lose their gold holdings. who cares what they say.. all corrupt created laws and money.. and the people are waking up.
haggs,
I don’t expect you to come up with options B, C, D and E……….because no one else has.
(by the way – what are options B, C, D and E?)
Is that a French farmers hat?
I think the “Hope” here is delusional. It is either delusional, deceptive or stupid.
I wonder if they look at Japan’s horrible situation and think, “That is our Hope.”
The US can’t do what Japan did because of the reserve currency status of the dollar….I think
haggs,
When it comes down to it…………..there aint a million choices.
Only two are on the table -
1, Push on and hope it all comes right.
2, Go against the herd.
Do they actually believe what they are saying??…the IMF
It is starting to look embarrassing…wtf
If that doesn’t work, well then you just need more stimulus!
I find it hard to understand how the IMF and Government economists can’t see this.
Insto presto Default….. Im thinking they are going to run this untill it crashes and hit the reset button. Thanks *****
This will become just one big mud fight.. and those few on dry land will at the end realize that collecting debt from someone not here anymore.. is difficult
Hello Big G,
Yes, and in a way, that is the sad part of this.
Those that have, `done all the right things` are going to be the ones that do most of the losing.