World on the verge of an economic collapse says Soros

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posted on Jun, 29 2011 @ 12:35 PM
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Originally posted by poet1b

What changed is that so many people bought into the con job of free market idealism.


Yes and no. Yes, the fact that people bought that concept is a big deal. But you are looking far enough back into the cause and effect chain to see HOW that concept was sold so universally. You cant fight the concept unless you fight the way that concept spread and became a dominant meme. The Media and who controls it.


Originally posted by poet1b
Until a larger portion of the people in the U.S. wake up to this reality, then the ICs will continue to grab more and more power. Part of the problem is that the people who have taken over the democratic party are only slightly less big business, and have their own dirty little class warfare going.


And unless you fight the problem of the media spreading their version of reality among the masses, with no effective counter agent for informational spread and dissemination, you CANT make people wake up to this reality. Again, you have to address the problem of money controlling the media, and the medias impact on elections. You cant expect people to wake up if they cant see the information that would wake them up.



Originally posted by poet1b
The mid nineties was a period when the U.S. economy was being properly regulated. Once Newt took over the House in 95, and got enough of his agenda in place in 97, things went down hill quickly. The deregulation of the late nineties is what put us in the mess that we are in.


I disagree. Deregulation has a lot of back and forth but it began well before the nineties. A lull in the activity doesnt actually make "when it began." Honestly, you have to go back to, like I said, when the ink was still wet on the Constitution to find the beginning of the takeover of America by business and other wealthy interests. Any point you pick after that is just a matter of "how much forward movement was made by that cause at that time."

Jefferson, for one, was arguing that we needed to guard against that movement from the start.




posted on Jun, 29 2011 @ 12:50 PM
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reply to post by Illusionsaregrander
 


Very good points, I think we are in agreement.

I don't think the problem is not so much media control, as it is people doing what they want. The Boomers have benefited from these policies enormously, and it is clear they have no problem with the notion of screwing everyone who comes after them. Yeah, the media has had a big influence, but the bigger part of the problem is general selfishness. People want to keep driving those huge SUVs, and they don't care what they need to do to hang onto the lifestyle.

The battle for freedom from control by the elites is as old as civilization. The last three decades has been bad for the people trying to hang on to their liberties, but the last decade has been the worst.



posted on Jun, 29 2011 @ 01:04 PM
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reply to post by poet1b
 


You are correct that the "in" that is used to spread the meme we are discussing is self interest. Ad agencies and others who have a vested interest are well aware that to sell people on anything you are best served by appealing to the self interest of the people you are trying to influence to buy your product.

Its just how it works.

But, like Plato argued long ago, humans have a really hard time seeing their "enlightened self interest." Which for practical purposes can be translated to real, long term self interest. They are easily sold with things that promise them "short term benefit" even if those things cause them much more harm in the long run.

You cant eliminate self interest from humans. Its bred into us. Plato and many philosophers, and evolutionary ___________ (Psychologists, anthropologists, etc) and even economists know this. Its a fact. Self interest is here to stay. What you CAN do is make sure people know that what appears to be in their short term self interest, really isnt. Or what actually IS in their short term best interests is strongly opposed to their long term best interests.

But to do that, you have to have a platform or means to spread that information widely, and consistently. Like the media. And you really cant do that when a handful of wealthy powers and people own the vast majority of media outlets. You could back in the day when all you had to compete with was newspapers and had a high degree of illiterate people in the population. Now, you really cant.

Somehow, the problem of the media and who owns and controls it, and the impact that has on elections HAS to be addressed. Its an absolute necessity. Its why so much time and money has been spent by "the opposition" to our way of thinking on controlling it, and securing "freedom of speech" for corporations, including the right to run as many political ads as they want.

They have done that because they recognize that he who controls the flow of information controls the people. WE need to recognize that too, and act to change it.
edit on 29-6-2011 by Illusionsaregrander because: (no reason given)



posted on Jun, 29 2011 @ 01:06 PM
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reply to post by canuckaclehead
 


The answer is default.

The whole debt restructuring is aimed at preventing default, but in the end, default is the only answer.

As the oil runs out, there will be massive amounts of capital that becomes worthless.



posted on Jun, 29 2011 @ 01:16 PM
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reply to post by Illusionsaregrander
 


Yes, but the final end is that the elites are the most greedy of all, and they can't stop themselves from creating this ponzi scheme that is always destined to fail.

It is just a matter of when.



posted on Jun, 29 2011 @ 01:26 PM
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reply to post by poet1b
 


You are correct. I would say that it is like a mental illness, (greed that blinds you to that degree,) a form of sociopathy. And you are right, they will not voluntarily stop. I doubt they could, because I do see it as a dysfunction of their thinking and character.

So it is up to us, the worlds majority to stop them, but we have to look carefully at HOW they are succeeding and plan our counteraction to nullify that. "Hearts and minds" is a common battle cry of theirs, and the media and their almost complete control of it is their means.



posted on Jun, 29 2011 @ 07:10 PM
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For those who still don't get it..."free market" only works in theory. In reality, there's not a single country that practices it, and if people on here had real economic knowledge, they'd realize that.

That's why I pity the people buying into the "free market" nonsense, it just shows how uneducated they are....



posted on Jun, 29 2011 @ 07:17 PM
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reply to post by MrXYZ
 



In reality, there's not a single country that practices it, and if people on here had real economic knowledge, they'd realize that.

That isn't true, Hong Kong, Singapore and Liechtenstein are all free market economies.

And they all seem to be doing pretty well, IMO.



That's why I pity the people buying into the "free market" nonsense, it just shows how uneducated they are....

What type of economy do you think we should have? Or that would work in our opinion?
edit on 29-6-2011 by Rockdisjoint because: (no reason given)



posted on Jun, 29 2011 @ 07:27 PM
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reply to post by Rockdisjoint
 

ya
All of the countries you listed are subsidizing certain industries...and are therefore NOT free market economies


HK and Singapore are both subsidizing and artificially supporting the financial industry...which goes completely against the free market theory.

So you're 100% wrong if you claim there's economies practicing free market economy


What baffles me, is that people buy into the "free market" propaganda of Paling & Co. when in reality, those very same people rape in MILLIONS in farm subsidies and other subsidies. They don't care about the free market...they only care about $$$.

But who cares about facts, right?



posted on Jun, 29 2011 @ 07:42 PM
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reply to post by MrXYZ
 



ya
All of the countries you listed are subsidizing certain industries...and are therefore NOT free market economies

Well, they're the closest thing to a free market that you'll probably get, I won't lie.



HK and Singapore are both subsidizing and artificially supporting the financial industry...which goes completely against the free market theory.

Do you have any sources for that? I'd be interested in reading about it.



So you're 100% wrong if you claim there's economies practicing free market economy

Well, my point was that countries with a freer market than the U.S all seem to be doing better than us. Australia, Canada, Sweden, HK, Singapore, and the many other economies that are freer than ours all seem to be handling this financial crisis 10x's better than we are.



What baffles me, is that people buy into the "free market" propaganda of Paling & Co. when in reality, those very same people rape in MILLIONS in farm subsidies and other subsidies. They don't care about the free market...they only care about $$$.

I'm sorry, but ``Paling & Co``? I've never heard of that company before. Mhm, I don't really know how to respond to that, but I'm sure many companies love getting govt handouts, that doesn't make it right though.



But who cares about facts, right?

I care about the facts.



posted on Jun, 29 2011 @ 11:59 PM
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It works for people like Soros to declare there is a collapse coming and he is right, it is inevitable. While everyone is running around crying about their losses he's buying and selling and making money. The old adage that the rich will get richer has never been more true!. It's not unlike the banks who cry poor because of all the defaults, they're bailed out by the people yet they lose nothing when we default...they retain the property and when the market bounces back (which it will) they are asset rich. At the end of the day the market volatility is a great way to eat up the assets and resources of people and nations alike. It's land banking - all very clever for those who participate in this obvious thievery!

Check out a great read by Naomi Klein - The Shock Doctrine. Some great insight into profiteering from disaster.



posted on Jun, 30 2011 @ 04:34 AM
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Therefore Soros will short the euro as he did the pound & stand to rake in billions from it.

Sounds like free financial advice to me.



posted on Jun, 30 2011 @ 02:46 PM
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reply to post by Rockdisjoint
 



Well, they're the closest thing to a free market that you'll probably get, I won't lie.


Hong Kong is communist, so yeah, it is about as close to a free market economy as exists. Proving my oft made point that free market economics is just another form of communism.

Taiwan is a third world country, not doing all that great. S Korea is doing far better. How did S Korea do it? Forming strong unions and kicking the crooks out of government, and establishing an evenly enforced fair set of rules (regulations).

Liechtenstein is a monarchy.

Is what you are telling us is that you would rather live in a communist country or a monarch?

No doubt you are a big fan of the family Bush. Who do you want to crown King?

Canada and Sweden are not free market economies, they have considerable regulations, nationalized health care, and essentially are far more socialistic than we are.

If there is a country to emulate, it would be Germany.

edit on 30-6-2011 by poet1b because: add last two sentences.



posted on Jun, 30 2011 @ 05:35 PM
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I think it already has, and most countries with no money are just faking it atm



posted on Jun, 30 2011 @ 05:42 PM
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Yeah lol Like I trust anything that comes out of that mans mouth



posted on Jun, 30 2011 @ 05:45 PM
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if George had his way he would have ignited a new european war amongst the balkan states, he is simply out to make a dollar and cares not who or how many die or starve in the process.



posted on Jun, 30 2011 @ 07:08 PM
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The Australian media is awash with commentary on the impending global meltdown - this is one of the top ranking articles in the Australian media at the moment;

Global economy a slow moving train wreck

I think it's difficult for the average person to have a clear picture of what is unfolding - are we heading towards another GFC which will make the last one seem like a holiday?

Who knows ... I guess only time will tell.



posted on Jun, 30 2011 @ 08:41 PM
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reply to post by gabby2011
 


ab chaos, soros.

but is soros a foil? is he helping TPTB enable a one world currency?

and just what currency did he bet on around 4 years ago + that he told no one about?

the yuan?

a virtual nwo is a one world currency.
edit on 6/30/2011 by drphilxr because: play on words



posted on Jun, 30 2011 @ 08:45 PM
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reply to post by ExCommando
 


Good find excaommando.
I've noticed too, a recent increase in Australian online media providing commentary around Greece and the implications on the global economy.



posted on Jun, 30 2011 @ 09:12 PM
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Originally posted by surrealist
reply to post by ExCommando
 


Good find excaommando.
I've noticed too, a recent increase in Australian online media providing commentary around Greece and the implications on the global economy.


Cheers - fellow Canberran! U2U sent





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