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Market crash 'could hit within weeks', warn bankers

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posted on Aug, 25 2011 @ 09:36 AM
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reply to post by JennaDarling
 


If they have full membership they have more of a say in how its run.




posted on Aug, 25 2011 @ 09:36 AM
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Originally posted by Trolloks
reply to post by JennaDarling
 


If they have full membership they have more of a say in how its run.


And also more commitments and costs.



posted on Aug, 25 2011 @ 09:42 AM
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reply to post by JennaDarling
 


more trade = more income for the country, it may cost more but will get more in return.

What does this have to do with Iceland and how they got out of the banking crisis?



posted on Aug, 25 2011 @ 09:45 AM
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reply to post by Trolloks
 


Iceland were against a bailout by the IMF but by Nov. 20 2008 after almost a years of talk they agree, they did this under a lot of pressure by the US and UK.

Iceland Gets $4.6 Billion Bailout From IMF, Nordics (Update3)

www.bloomberg.com...

Remember that having a global market means that the biggest players like US and UK have most to lose when any of the countries they do business with goes bankrupt, that means that the corrupted banking institutions linked to the countries in trouble will experience domino effect.

Remember who has been paying for the trillions of dollars and Euros of bailouts since 2008 market crash, the citizens of the countries involved.





edit on 25-8-2011 by marg6043 because: (no reason given)



posted on Aug, 25 2011 @ 10:53 AM
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Quite frankly Iceland's geography needs to be taken into account.

It allowed them to raise debt to 900xGDP and bankrupt themselves and have a bloodless revolution.

If you really think the Iceland model will work, try it out on a country that has neighbours.



posted on Aug, 25 2011 @ 10:55 AM
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Originally posted by the_journey_in
Quite frankly Iceland's geography needs to be taken into account.

It allowed them to raise debt to 900xGDP and bankrupt themselves and have a bloodless revolution.

If you really think the Iceland model will work, try it out on a country that has neighbours.


Ireland will not default, neither will the UK.



posted on Aug, 25 2011 @ 02:58 PM
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Originally posted by JennaDarling

Originally posted by the_journey_in
Quite frankly Iceland's geography needs to be taken into account.

It allowed them to raise debt to 900xGDP and bankrupt themselves and have a bloodless revolution.

If you really think the Iceland model will work, try it out on a country that has neighbours.


Ireland will not default, neither will the UK.



Why wont Ireland default?



posted on Aug, 25 2011 @ 03:02 PM
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reply to post by JennaDarling
 

Don't be sure of that.



posted on Aug, 25 2011 @ 03:17 PM
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Crash in "weeks" more like two weeks at the latest, compare the charts and see how they are trying to tread water, evin using gold margin stops to try to manipulate the market and no one is buying it. Why don't they just pull the plug and watch it swirl down the crapper? Why are they spending time admiring the big stinking half coiled, half broken, stinking, steaming human turd and flush it already!



posted on Aug, 25 2011 @ 03:23 PM
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Ireland holds 36 BILLION dollars of US debt on the books (check the US FED site of foreign ownership).

Irish prize bonds investments are at an all time high.

Ireland has had one bailout already, they did not default, they went for a loan..

If they where going to default, they would do it already.


RBS is 85% owned by the UK HM Treasury, the UK government owns a lot of the banks including the Bank of Scotland, Royal Bank of Scotland, LLoyds (50% ownership), and more.

The UK will not default either.

RBS has an international subsiduary in Gibralter, as do many banks, also in other British terratories.


edit on 25-8-2011 by JennaDarling because: (no reason given)



posted on Aug, 26 2011 @ 08:37 AM
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reply to post by haarvik
 


Sounds like everyone benefits.

People tend to be less disaffected and more inclined to take pride and put effort into a venture if they have a vested interest.

If all they see is their time and efforts moving a single man or woman ever higher and higher, whilst they tread water, there aren't many that are happy with that.

I'm not talking about ideology, past or present...just a system of equitable exchange. Fairness.

I'm encouraged to hear from you that this is actually taking place in some parts.

Cheers.



posted on Aug, 26 2011 @ 08:54 AM
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Originally posted by Unity_99
The "Crash" is part of NWO's plan along with the death of many. And no,its not a good thing. A peaceful transition to a democratic, grass roots Venus project that shares and shares alike and looks after its own, so no citizen falls though any cracks, and only volunterism occurs because there are no slaves nor do the majority, mainly women and children, give the spoils to a few healthy young men who think they're top dog, when they're just immature boys who don't understand life is about the children and supporting everyone, and need to have some humble pie instead, and get along with others.


You're describing Utopia.

I'm not sure Utopia is allowed on this world. The late 60's and 70's are an indication of how the system reacts to those ideas.

Besides, for a project like 'Venus' to work, the very thing it wishes to avoid is needed...the monetary system.

Lot's of land will need to be 'acquired', infrastructure materials and technologies that would be required have to originate from somewhere, this (initially at least) would require vast amounts of money.

Where is this to come from?

Don't get me wrong, i love the idea of Venus, and would love to bring my children up in such a sharing and caring society, so i'm not rubbishing the ideal by any means...just the mechanics of it all.

What about crime and punishment/rehabilitation? With the best will in the world, even in a society such as Venus, there will inevitably be crime, not on a scale of inner city slums of course, but it will be there...crimes of passion are always present in any society for example. What would the position be in regards to this?

As i say, i love the idea of it. No money, no greed, humans helping and supporting each other to drive our species forwards, and not to prop up some corrupt political idealism sounds wonderful.



posted on Aug, 26 2011 @ 09:07 AM
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Originally posted by Ben81


This government system ruled by banking elites.....





Just changed this sentance for you OP, you got it the wrong way round......



Quite simply the headline should really read:

"Market crash 'could hit within weeks' (unless you give us some more free (QE) money) warn bankers....."


Fox guarding the chicken coup warns that the chickens are in danger......


MR



posted on Aug, 26 2011 @ 09:40 AM
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reply to post by haarvik
 


Interesting. You mean like a co-operative?



posted on Aug, 26 2011 @ 09:47 AM
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reply to post by ispyed
 


Yes, more or less. If you think back to tribes such as American Indians or even some of the SA tribes today, the community works for the benefit of the whole. Trading amongst themselves to ensure the survival of the tribe, along with tribal councils that dictate community policy. Every voice is heard, and a consensus is what rules. They do not use money, they barter or trade. Think back to early America when trading posts were the norm. People didn't use much money, they traded items and food. Modern man has deviated from his normal existence, primarily because of the industrial revolution. Prior to that trading and bartering was the norm. In 1947, the average annual income for an American was $1,300/yr. Look at that number now, just a mere 64 years later. I say the industrial revolution was a true revolution. It removed man from his roots and transported him to an existence that cannot be sustained, and will lead to our inevitable destruction.



posted on Aug, 28 2011 @ 07:30 PM
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Originally posted by JennaDarling
RBS is 85% owned by the UK HM Treasury, the UK government owns a lot of the banks including the Bank of Scotland, Royal Bank of Scotland, LLoyds (50% ownership), and more.

edit on 25-8-2011 by JennaDarling because: (no reason given)


all of this money is OWNED by the Rosthchild family based in Buckinghamshire



posted on Aug, 29 2011 @ 07:38 AM
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Congratulation bankers.

Time to buy more ammunition and long-term food (like honey and cheese). Can't wait for the party to start.



posted on Aug, 29 2011 @ 09:33 AM
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Originally posted by JesusLives

It is all controlled and fake.


Did the "INSURANCE ON THE DEBT" give it away?




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