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World on the verge of an economic collapse says Soros

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posted on Jun, 28 2011 @ 09:46 AM
Oh yah he knows it, cause he's the one causing the collapse with the help of his NWO World Socialist Komrades. We all know what he is about here, and he has ruined more than one national currency, and he's working on the US dollar right now. Sure he can predict what he is causing to happen. The man is completely amoral, and has no remorse for stealing for the Nazis from his own people.

posted on Jun, 28 2011 @ 09:48 AM
reply to post by gladtobehere

Oh dont worry, these guys bought up all the gold they could, whatever China didn't buy. They sell it high and buy it low. They have all the insider trading they could ever want. Bunch of low-life scumbags they are.

posted on Jun, 28 2011 @ 09:54 AM
That man needs to bite the dust, I constantly wonder how these Elitist live so long.

He should know..... he and his Elitist buddies are causing the collaspe..........The man turns my stomach.

They (the Elistist) create the CHAOS reep the benefits and they just sit back at laugh at all the stupid people.

posted on Jun, 28 2011 @ 10:03 AM
reply to post by surrealist

Soros would know with all he does for the libs... how else does anyone think they will get us to aquiese to a one world style Gov.? and what better way for tptb to do that but make a bunch of money out of air and then say "oh gee that money vanished, now let us show you the new way"

posted on Jun, 28 2011 @ 10:10 AM
reply to post by TheWanderer01

Exactly....what happens to people like him when the economy collapses?

posted on Jun, 28 2011 @ 10:14 AM
Could happen if the EU/ECB doesn't get its act together and come up with a proper solution to the crisis. I don't see how piling more debt on Greece and the rest of the peripherals helps them sort out their debt problems. Then you have arrogant stubborn politicans like Sarkozy who's too concerned with domestic issues to see the bigger picture.

posted on Jun, 28 2011 @ 10:16 AM

Originally posted by MortlitantiFMMJ
Could happen if the EU/ECB doesn't get its act together and come up with a proper solution to the crisis. I don't see how piling more debt on Greece and the rest of the peripherals helps them sort out their debt problems. Then you have arrogant stubborn politicans like Sarkozy who's too concerned with domestic issues to see the bigger picture.

There is no plan to correct the issue.
The plan is for collapse.

posted on Jun, 28 2011 @ 10:33 AM
Bring it on, I'm tired of teetering on the edge, the brink, the verge, either bring it or shut the hell up.

posted on Jun, 28 2011 @ 10:48 AM
reply to post by Illusionsaregrander

Excellent answer, excellent post. I was going to start a thread on this very subject you broached, although you have expanded my horizons on this subject.

The economic inequity has been a growing cancer on our society, an elephant in the room no one speak about dare they upset the masses with Class Warfare paranoia.

But the unknown variables of limited resources, weather, political upheavel...changes the equation.

Only one thing missing from your post(s).

An Answer. A solution to the current growth based econmies and a transition to a more sustainable model. What in your opinion would fit this description?

posted on Jun, 28 2011 @ 10:53 AM
Good, let it collapse then I can live with others, with my free-energy generators, farming my own land, and not have to worry about someone coming in to collect taxes from me.

posted on Jun, 28 2011 @ 10:54 AM
Why did he sell all his gold if the thinks economic collapse is on the verge? Isn't that the time to be buying gold, not selling?

posted on Jun, 28 2011 @ 10:59 AM

Originally posted by type0civ

Exactly....what happens to people like him when the economy collapses?

The Ford Family said awhile ago they wished their stock would become worthless so they could buy it back and become a Private Company again.

Which is why the world was tricked with "Free Trade", get those rich countries to buy up US companies....then collapse it so they lose their rear and you pick up the company for pennies to run it again.

100% completely orchestrated and planned out decades ago.

posted on Jun, 28 2011 @ 10:59 AM
reply to post by ErEhWoN

Well, we could look to Plato for that. He actually contemplated the problem of constant expansion in the Republic.

We need to create an economic model that is more stable. Population needs to stabilize. Consumption needs to stabilize. We need to value, as humans, more than simply, "more" and aim instead for human happiness and satisfaction as a societal rather than an individual goal.

And thats not going to be popular, because one, its a longstanding truth, that even Plato noted when he argued that people would on first look call his society a "city fit for pigs," that most humans are completely and utterly mistaken about what is necessary for a happy and satisfying life. They think "more" will do it, but every time they get the "more" they thought would make them happy, they notice that it doesnt, and so they go for "more" again.

We need to build an economy, and a social structure that actually serves people, and their happiness and satisfaction in a real way, not in the carrot on a stick way we have now. And that means the people at the top who are driving the game of "more" on a global scale cannot be allowed to lead. Its impractical in the sense that people will not willingly accept what needs to be done. Even Plato knew and stated that only two ways could his society be implemented. One, if he took a bunch of children off and raised them that way from day one, or two, if society utterly collapsed and people were desperate and willing to try anything.

He created a model that wasnt growth based, it is satisfaction and happiness based, and designed to not require endless expansion and the war that a growth model requires. It entails limiting population, (by reducing birth rates) and it requires that there be a total undoing of the "golden rule." An absolute separation of power and wealth.

Like I said, its not a model any one WANTS, but it is the model humanity needs, and, whether they want it up front or not, the model that would promote human happiness in a real way.

posted on Jun, 28 2011 @ 11:00 AM

Originally posted by Illusionsaregrander

Originally posted by vkturbo

This is a major drama we are seeing before our eyes as every country invests so much into another that when that country fails so does the investor. You have Australia and America keeping China afloat and the UK with their needless buying of cheap crap.

Thats the underlying problem, that right now, just like any unsustainable Ponzi scheme, all we are doing is moving money around trying to pretend that the entire structure is viable, when in fact, its not. Shuffling money from one country to the next will delay the collapse, which wont really occur until people realize, truly, that its all been smoke and mirrors, but it wont solve the underlying problem, which is that the growth our economies have been based on, isnt sustainable. We dont have the resources, ultimately, to allow the consumption we have been enjoying in the west on a global scale.

And, like I said, too much of the worlds wealth has shifted into too few hands. Not that more equitable distribution of wealth would be an ultimate solution to the problem of a pyramid shaped economy, it wouldnt. Sooner or later we would still hit a wall, regardless, unless we let go the model of "grow grow grow" and find another. But, a more even distribution of wealth would allow the game to go on longer.

People can make the terminology as complicated and jargon laced as they want, but the problem is actually simple, and structural. You have too little at the base, supporting to heave a load at the top. You have a lot of people, in number, but those people are economicially weak. They arent making what they need to make to live the lives they want to have, or in some cases, to live really at all. And the whole things depends on a flow of monies from the bottom to the top. When the money stops flowing upward, the game ends, and the fighting begins.

Originally posted by vkturbo

We should have let the banks fail. And we would not have remained calm, but that reset button is going to be hit, and sooner would have been better than later. All America did was take on more debt to save itself and its financial bullies abroad, which only worsened the real problem while buying the rich more time. It really never addressed the underlying problem, which is, globalism itself is a CAUSE of this sort of economic collapse.

Its a little known, (because no one wants to believe it, not because no one noticed it) fact that our first modern foray into globalism ALSO ended in economic collapse. Most economists assumed, because it suited them to, because it allowed them to argue that globalism was workable for the people who paid them, that the nations retreated back into protectionism because they were irrational. When in fact, in this case, the people were acting instinctively and correctly. Nations need to compete. Not become one amorphous generic "labor pool" for corporations to draw labor from. You dont see corporations erasing the boundaries between themselves for some economic free for all, do you? Of course not, that would be ridiculous, and its no less ridiculous when the entities in questions are "corporations" of people and resources, nations, in other words.

"Important" economists simply totally misinterpret what they are seeing both in the last collapse brought on by globalization and this time as well.

It would be easier to dismiss all these concerns except for one troublesome fact: We've seen it happen before. As Joe Nye pointed out earlier, we had a similar period of globalization a hundred years ago. The standard understanding, of course, is that this earlier world of globalization-which by many measures was more extensive than today-came crashing down with the advent of World War I followed by the Great Depression. But careful students of that history have informed us that the contemporary backlash a century ago was already significantly rolling back globalization well before the onset of war and depression. Protectionist trade measures-including in the United States but other countries as well-resisted the increasing intrusion of foreign competition. Immigration, which was a huge factor in globalization during that period, began to be resisted, including by earlier generations of immigrants, and began to shut down that element of globalization even before the more traumatic outbreaks in the early part of the 20th century.

And note what he says about the contemporary, (when the speech was given) reaction of the people;

The ultimate paradox is that this backlash against globalization is so severe in the United States even with the excellent economic situation that we are experiencing, as Marty Feldstein laid out yesterday.

That was in May of 2000. Economists saw NO trouble with the economic outlook. At all. In many of their opinions, everything was fanfookintastic. But, just like before the great Depression, the people, the masses, are like the canary in the coalmine, and long before economists in their unreal modeled world noticed anything, the people were already feeling the weight shift on their bottom level of the pyramid. The people werent irrational. Everything wasnt great. It was already starting to come undone, and no one making great money at the top wanted to listen to the cries for help at the bottom.

Profit is privatized, costs and debts are being socialized, (such as in Ireland, and in America, where the cost of extracting resources from the middle east is essentially being paid for by the citizens of America and other "allied" nations, funny how economists and the wealthy dont mind socialism then) and it really doesnt take a genius to figure out that that cannot go on forever. Our leaders arent intelligent enough to save us. They dont know what else to do. A growth economy is what we have been doing for the last 10,000 years, at least. It never WAS sustainable, but the fact that there were unexploited areas to expand into concealed that fact. (But Plato knew it, long ago, and argued for a very different model)

But now there is nowhere left to expand into. And we have already been tapping unrenewable resources for over 100 years, and top that off with the fact that even minor climate change can bring about crop failures which will drive food prices through the roof and we arent looking at a very happy outcome. We are looking not only at global economic collapse, but the real possibility of societal meltdown and the war, famine, and everything else that can easily come with it when large numbers of people cannot feed themselves, and their families.

A great post. I agree with each word. (did you star my post, just curious, because it feels like you're saying what I wanted to say)
Only you went into much greater depth.

I think corporatism in essence is really just the as colonialism. Our corporations overseas are holding a colony. They deprive the nation's possibility of managing their own resources and using them for their own good. It's a very ugly reality.

The entire thing to me boils down to mentality. Capitalism seems wonderful but it doesn't respect nature or resources not even in the remotest bit. Corporatism is even worse.
It is like our scientific mind. It depends on the user.

We as a modern race lack every sense of responsibility. We are like children with alcoholic parents. We never grow up and always expect and hope that our parents the state will solve our problem. Only when people cannot go to their cinema, only when they cannot eat in their restaurants and cannot buy their fancy cars they become upset and start marching the streets waving their constitutions. I think it is rather despicable.

I don't feel remotely sorry for what is coming or for all the people that lost their jobs here in the West. We all deserve what we are getting. We deserve it because we let it all happen. The wars, the exploitation, the murdering, the manipulating, everything that has been carried out in our name.

For decades brave journalists have been trying to warn people, have been showing us the truth and no one cared at all. So... we get what we asked for.

posted on Jun, 28 2011 @ 11:10 AM
The chances of a complete monetary system collapse is highly unlikely.

Iirc, Soros already has the Bretton Woods system part III lined up. So I'm not too worried about this.

ETA: ``George Soros Plans 2 NWO Events``

edit on 28-6-2011 by Rockdisjoint because: (no reason given)

posted on Jun, 28 2011 @ 11:24 AM

Originally posted by Pervius

Which is why the world was tricked with "Free Trade", get those rich countries to buy up US companies....then collapse it so they lose their rear and you pick up the company for pennies to run it again.

100% completely orchestrated and planned out decades ago.

Well, the world was tricked with "free trade" in that what the people chanting it really meant by it was anything but "free." They wanted themselves to be free of restrictions of any kind, but they actually wanted and imposed all sorts of restrictions on the majority of players in the market. Smaller companies and individual players, (labor) specifically.

A free market itself is not a bad thing. The problem is, no one in power actually wants one. They want a market that favors them and hinders their competition. Adam Smiths model of a free market required the same thing Platos system did. An impartial regulator or law maker. Someone who had no personal interest in the market to keep the market moving truly freely. We have never had that. We have always had the most interested people, (profiting the most) making the rules, and what we call a "free market" is actually a mockery of the word. Total double speak.

But I disagree with you that this was "planned" in any meaningful way. Its just what happens when you take a good model, and leave out the most important element. The impartial lawmaker. Its pure self interest doing what pure self interest does. Looking out for itself, and its "allies" and making life hell for its competitors. Couple that with the corporate form, which, by nature, is sociopathic, and you have the perfect economic storm. People profiting with no personal liability for the actions of the mechanism for their profit, and hence, no motive whatsoever to care what havoc is wrecked upon people and society by that mechanism.

You have to be mindful of incentives for good behavior when designing any economic system, and ours is designed with NO incentive to care for the long term, or care what happens to the whole (each nation and its people) and no repercussions that are truly meaningful as deterrents to bad behavior by the major players. When you stand back, and get out of the details and just look at the overall system, it could have done nothing other than what it did do. And it wasnt, imho, because of a conscious choice to destroy nations and their people and their economies. It was many individual selfish choices by many people that were totally predictable, (Both Smith and Plato at least predicted them) and the fact that the system as WE built it, did not have that impartial governor to keep nudging things back on track when self interests pushed it off the rails.

posted on Jun, 28 2011 @ 11:32 AM
You know, all this doom and gloom is really wearing thin here at ATS. This place has become vaguely interesting anymore, as all the fringe try for a soapbox position. After a while it kind of looks like a stage for skitzo's. It' just no fun anymore, and all these bogus predictions and "proof" etc. just arn't cutting it. If your gonna predict and your stuff consistantly runs out with no event, you should be banned from posting for a month or two. It's turning to a busybody network. ATS used to have a better format I think......

posted on Jun, 28 2011 @ 11:34 AM

But a less well-known Soros priority -- replacing elections for judges with selection-by-committee -- now has critics accusing him of trying to stack the courts

George Soros Trying To Stack the Courts

Someone tell me why i should believe him.

posted on Jun, 28 2011 @ 11:36 AM

Originally posted by djzombie
Bring it on, I'm tired of teetering on the edge, the brink, the verge, either bring it or shut the hell up.

I completely understand this statement.
It feels like a waiting game; when does it get better or worse already? Making it to keep a roof over your head and food on the table month-to-month isn't exactly living the so-called American dream.
edit on 28-6-2011 by queenofsheba because: add line

posted on Jun, 28 2011 @ 11:37 AM
My son who is only 13 made the same observation when Greece began rioting. Its really a no -brainer and for anyone to think this will not happen here is having a moment of being very naive.

Is it planned? That is the question that I ask. What are they doing to us on a global scale? And not only that question arises...but...what do WE do about it?

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