Originally posted by worldwatcher
It can't be that obvious and simple can it?
multi faceted incident going on here.. regulations coming into play, as well as the expected correction and lots of creative bookkeeping by govts imo.
Just think about what you are saying for a moment.
Banks cooking the books and so are goverments across the world so if the goverment points the finger at the banks then not only does the economy go into meltdown but people in goverment would be hung up.
now if you was in a positon and worked in top goverment would you have the balls to comence an investigation against the banks knowing you had blood on your hands and would be strung up.
These people are not stupid so manybe the nuke bunkers will be put to good use long before any nukes start to fly and they hope the army are able to keep the people away from the entrance to the bunkers.
i can not see this game they are playing will last that long with jobs going and the price of bread going up and yes i do say jobs are still going in the USA because as the number of people in work went up (so we are told) you should also note the number of people comeing on to the jobs market who are unemployed also went up.
anyone that thinks we are going to get things back under control need only look at the deficit now, take all these A$$teriity measures for the next year and then see if the deficit has gone up or down in a years time.
i sugest the deficit will had gone up and this will continue untill the people are so tired of peddling forwards only to go backwards that they take to the streets and politicians are forced to point the finger or try to protect themselves with military law, another war or something like that.
on each side of a deal you have a winner and losser and not more than an hour ago I purchased some silver, tested it and handed over the cash to a guy that obviously exspected the price to go down, stay still or had a better plan so once we were both happy with the deal we had a chat about the economy and during that chat you could see he was questioning his motives and started to rub the plastic containers holding the silver so at this point i tapped his hand, joking like and said it's mine now, get off to which he smiled but you could tell he was not happy.
still his bit of paper that say i promise to pay the bearer on demand the sum of £50 with another bit of paper worth £50 or electronic digits must be worth more than shares held by golden-ball-sacks because in times of need he can always use it for tolet paper and thats just what our super heros in the euro zone, the Germans did during the 1930's you may recall.
I had trouble getting cash out the IOM to pay for this deal, they would not give me my own money so i had to transfure the money to get cash and when i told the guy selling the silver about this he said that if he draws more than £2000 out from his bank then he needs to complete a whole load of paperwork.
twenty years ago i often pulled out £2,000 cash without any trouble at all so you tell me whats going on if it's not the banks helping the goverment to stamp out cash transactions in case they loss tax on the deal. what else could it be and do remember goverments use future taxable income as security to borrow money from the banks in the first place.
Goverments and religion was once one and the same thing but now we have gone better and it's govermernts, corporations and banks that have become one and the same thing.
sorry folks but no matter what way i look at it, i always come back to the same line of thought and must need to see a doctor.
