Absolutely Unacceptable!

reply to post by projectvxn


Just thought I'd mention it. I'm not well versed at all in economics, and there's a lull in the doomsday department so I've taken to poking my nose in threads I'd normally not contribute to. Just hangin' out 'till October 28th. And November 9th. And the 11th...

reply to post by this_is_who_we_are


Lull in the doomsday dept.


Well, if this gamble by the Fed and B of A goes south doomsday might be exactly what we get.

It seems to me they are down to the short straws now and just running through any short term solution they can to float the boat a bit longer. The people at the Fed aren't stupid...they knew long ago this all couldn't sustain itself for the long term. Now we're down to measures that won't even hold over the mid-term.

I just can't figure out if they know they don't have to worry after a certain point in the not too distant future, or desperation simply has them throwing everything including the kitchen sink at this, if it buys them just a bit more time to come up with something else. Either way it's a real bad sign for how things are going. Ugh.

reply to post by projectvxn


I recently converted all my negotiable assets into food, coffee and tobacco... just in case. I have duct tape aplenty as well.

reply to post by Wrabbit2000


Indeed.

But you know, Bernanke and others who have been at the helm of the Fed simply don't understand that what they do is like shooting up the economy full of heroin.

The problem with heroin junkies is that eventually the same amount of it doesn't get them high anymore and they have to take ever greater amounts.

Then, OVERDOSE.

And you have a dead junkie economy.

reply to post by this_is_who_we_are


I've converted much of my cash into brass/lead and cold hammer forged steel investments.

reply to post by projectvxn


This is only one of the things the "dirty hippies" you hate so much have been protesting about:

Corruption, Greed, incompetence, and a complete disregard of the American working man.

Originally posted by whaaa
reply to post by projectvxn

 

This is only one of the things the "dirty hippies" you hate so much have been protesting about:

Corruption, Greed, incompetence, and a completed disregard of the American working man.

Dude please.

I'm not gonna go stand with a bunch of people who wanna redistribute wealth and be more socialist just because we agree that banks are screwed up. We have two different views on the world.

Seriously just because the banks and the Fed are dicks doesn't mean I have to join a fan club.

reply to post by Wrabbit2000


The pyramid scheme is sinking. Or is it the illusion of the sinking of the pyramid scheme. Hard to know what's real and what's a diversionary tactic anymore.

Originally posted by projectvxn
reply to post by this_is_who_we_are

 

I've converted much of my cash into brass/lead and cold hammer forged steel investments.

Unfortunately due to a series of unfortunate events (having to do with a girlfriend with Borderline Personality Disorder 10 years ago), I am unable to invest in those must have items. I'll have to make due with a Louisville Slugger and/or crossbow. We'll see what happens. After TSHTF I'm sure there will be plenty of hardware just lying about...

Originally posted by ZindoDoone
reply to post by popsmayhem

 

Pops,
Did you read the other link that 'This is who we are' posted? It explains exactly who is to blame! One egotistical CEO who made terrible decisions to aggrandize his own position! Also on that other link is a link to a Mr.Black who is a very knowledgeable man in finance who lays out exactly what they did and how the intend to do it!

Zindo

I read it, I believe they should of let ALL them fail!!

They setting us up for a global currency when this # explodes and hits the
fan somehow going to have to start over.

reply to post by projectvxn

Now that is one of the best descriptions I have ever heard. Heroin and the junkie dependency/tolerance issue to always needing a bit more than last time. That really does hit the nail square on the head. They even make a sideline of committing support crimes to sustain the main fix. Nice...I'm putting this in a notebook. lol..

Originally posted by projectvxn
reply to post by Deflagration

 

Probably not.

Tax payer money being put on the hook for private loses is not something Wall St. worries about. But it does paint an ugly picture for the eurozone and for the American Tax Payer, who have been bailing out Europe's stupidity for some time now.

edit on 23-10-2011 by projectvxn because: (no reason given)

The crazy thing now is CHINA paying USA for paying Europe's screw ups and the USA's and NOW there
into this big chain reaction because when one of them falls WE all fall now..

It is going to get REALLY interesting.

China should of not got so greedy there hand is in this cooky jar now too!!

Originally posted by projectvxn
reply to post by this_is_who_we_are

 

I've converted much of my cash into brass/lead and cold hammer forged steel investments.

Likewise Mi Amigo! Paper ain't worth spit and you can always get what you need with our proper preps!

Zindo

reply to post by popsmayhem


About 2 years ago or so I postulated that China would have been smart enough to divest itself from that situation.

They haven't been and may wind up going down the tubes with us.

HOWEVER, China has actually decreased it's holdings of short term treasuries by 97% over the course of a few years. If anything this acknowledges their lack of confidence in our ability to pay back our debts in the short term. Which leaves me at a loss for words to explain why they are still so heavily invested in the US considering the last years worth of economic developments.

reply to post by projectvxn


Speaking of cold hammer forged, are we talking swords. Off topic, but I see so many sites selling swords. Any recommendations? I've been wanting one or two for some time now. Something that is sold sharp. Something that's quality.

reply to post by projectvxn


This has to go belly up! There's no one to spend the economy in an upward way so no one can invest to stave off this collapse! B of A and FDIC can't sustain this and they know it! The Fed will get it one world currency and screw the rest of us! I see blood in the streets very soon! Springtime here is going to be a nasty sight I fear!

Zindo

Originally posted by this_is_who_we_are
reply to post by projectvxn

 

Speaking of cold hammer forged, are we talking swords. Off topic, but I see so many sites selling swords. Any recommendations? I've been wanting one or two for some time now. Something that is sold sharp. Something that's quality.

I'm talking cold hammer forged barrels with chrome/molybdenum lining. Weapons are actually a good investment. Swords are harder to value because so many of them are simply crap.

If you want something decent be prepared to spent a lot of money.

Originally posted by this_is_who_we_are

Originally posted by projectvxn
reply to post by this_is_who_we_are

 

I've converted much of my cash into brass/lead and cold hammer forged steel investments.

Unfortunately due to a series of unfortunate events (having to do with a girlfriend with Borderline Personality Disorder 10 years ago), I am unable to invest in those must have items. I'll have to make due with a Louisville Slugger and/or crossbow. We'll see what happens. After TSHTF I'm sure there will be plenty of hardware just lying about...

edit on 10/23/2011 by this_is_who_we_are because: typos

Back on topic. Bank of America's top and brightest will
be watching the peons (you) fighting for scrap metal in SHTF
laughing there ass off to the bank.
The FED needs to be ended and so do all BOA accounts closed.

reply to post by popsmayhem


Then they better be way out of range and behind bullet proof armor because mucho people are really pi**ed at them and they know who they are! There aren't too many places you can hide in a world wide conflagration!

Zindo