Among every band of bandits there is always one that is worse than the others. This is not necessarily the leader, rather a stooge with less flattering appearance that tries to compensate for his ugliness by being more sinister. Gordon Brown is such a man.
After he and his partners in crime had decided to ruin the world’s economy he stated the following:
"I think a new world order is emerging with the foundation of a new progressive era of international co-operation,"
Feeding the conspiracy theories is kind of fun, but in a way he is right. The world will never be the same. Oh, we are so screwed…
Thursday, April 2, 2009
Zimbabwe will save us now
“The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens.” / Hemingway
"We will not have any more crashes in our time."
- John Maynard Keynes in 1927
December 4, 1928
"No Congress of the United States ever assembled, on surveying the state of the Union, has met with a more pleasing prospect than that which appears at the present time. In the domestic field there is tranquility and contentment...and the highest record of years of prosperity. In the foreign field there is peace, the goodwill which comes from mutual understanding."
- Calvin Coolidge
September 1929
"There is no cause to worry. The high tide of prosperity will continue." — Andrew W. Mellon, Secretary of the Treasury.
October 1929
"Some pretty intelligent people are now buying stocks... Unless we are to have a panic -- which no one seriously believes, stocks have hit bottom."
- R. W. McNeal, financial analyst
December 5, 1929
"The Government's business is in sound condition." — Andrew W. Mellon, Secretary of the Treasury
March 8, 1930
"President Hoover predicted today that the worst effect of the crash upon unemployment will have been passed during the next sixty days." - Washington Dispatch.
June 29, 1930
"The worst is over without a doubt." - James J. Davis, Secretary of Labor.
September 12, 1930
"We have hit bottom and are on the upswing." - James J. Davis, Secretary of Labor.
June 9, 1931
"The depression has ended." - Dr. Julius Klein, Assistant Secretary of Commerce.
"We will not have any more crashes in our time."
- John Maynard Keynes in 1927
December 4, 1928
"No Congress of the United States ever assembled, on surveying the state of the Union, has met with a more pleasing prospect than that which appears at the present time. In the domestic field there is tranquility and contentment...and the highest record of years of prosperity. In the foreign field there is peace, the goodwill which comes from mutual understanding."
- Calvin Coolidge
September 1929
"There is no cause to worry. The high tide of prosperity will continue." — Andrew W. Mellon, Secretary of the Treasury.
October 1929
"Some pretty intelligent people are now buying stocks... Unless we are to have a panic -- which no one seriously believes, stocks have hit bottom."
- R. W. McNeal, financial analyst
December 5, 1929
"The Government's business is in sound condition." — Andrew W. Mellon, Secretary of the Treasury
March 8, 1930
"President Hoover predicted today that the worst effect of the crash upon unemployment will have been passed during the next sixty days." - Washington Dispatch.
June 29, 1930
"The worst is over without a doubt." - James J. Davis, Secretary of Labor.
September 12, 1930
"We have hit bottom and are on the upswing." - James J. Davis, Secretary of Labor.
June 9, 1931
"The depression has ended." - Dr. Julius Klein, Assistant Secretary of Commerce.
End Of World - Apocalypse Nowish
As stated before, you might wanna start looking for alternatives. Now it is starting to get urgent. Time is up. You need to make a choice and stick by it. Don’t think I’m kidding, I’m not. This is completely serious. When that depression, I mean full bloody hell on earth, hits us soon, you do not want to stand there without a plan. We are probably all screwed anyways, but this way you at least stand a chance. Read below and make your choice. Maybe you have some idea that I haven’t thought about, but whatever you would like to do, start planning for it now because when that shit really hits the fan, this is going to go beyond anything we have ever seen ever.
1. Prepare
Even if I’m totally wrong and all those who thinks about the same as me also is wrong, it never hurt to have some extra candles, dried up food packages and similar items at home. There can always be a black-out, a sudden attack from a foreign nation, riots on the streets or maybe some shortage of things if (when) some businesses go down. So this is a good advice no matter what. Keep some extra things at home. And if you can, get guns.
2. Stockpiling
This is about the same as above, but with a more thought behind it and in bigger amounts. Having food and other things necessary to survive several months might however also be kind of risky. When all those people who didn’t think ahead or if that under-fire government starts searching for alternatives you might be in some danger. So you might also start thinking about moving to a more secure location (see nr 3) and/or getting protection from others (see nr 5)And if you can, get guns.
3. Moving away
Moving should preferably be done before the mayhem starts. Flights might be canceled; boats might be without oil, so you need to think this thru. Also your choice of location is important. You should look for a place where you can grow your own crops and/or having a good food source, like the ocean, nearby. This is how far I have come myself. I’m looking at Islands in the southern Atlantic mainly. Some Island where I can grow bananas and make my own vodka. And if you can, get guns.
4. Becoming a welfare case
This you might consider if you are going to stay where you are. But if (when) riots happens and maybe even wars break out and people are crying for help everywhere, the first thing government is going to do is to cut back on those poorest, oldest and most needy. So if you are considering this option, you should be a minority group and have other attributes to use to your advantage. Being a handicapped single black and Muslim woman with children might do it. But you still need that voice and some power so you can show the rest of the suckers that you are entitled to things first and most. Be careful though, sometimes those mobs and governments needs scapegoat (se nr 7) so prepare to adjust your skin color and such. And if you can, get guns.
5. Become a drug dealer
Being a drug dealer is slightly risky thanks to the government’s laws, but also, again thanks to the government, its great pay! And people feeling miserable will need their fix. The only thing to really look out for is other drug dealers. Try to solve this problem by forming a union you can call ‘Cosa Nostra’ or whatever comes to mind. To seek out allies (se nr 1) might also be in your favor. And if you can, get guns.
6. Become a prostitute
The world’s oldest profession is normally not that sensitive for depressions. Sure you might need to lower your standards and charge less, but even in worst times people will be paying for sex. And if you are an adolescence, hey! Great! This might actually be your best choice. And keep a eye on those in nr 7, often closely linked to prostitutes and if you snatch them before they get power; oh mama. And if you can, get guns.
7. Become a politician
Joining politics should be done before the depression. Not completely necessary, but it is good to say: “I told you so”. Helps your credibility when you are pointing a finger at those Jews, Muslims or rich people you have targeted as your particular scapegoat. As long as you can blame someone and deliver a nice sounding solution that is easy to sell, you will be fine. With a bit of luck you might even end up as Fürer and can then have a blast. And if you can, get lots of guns.
Make your choice and please remember, get a gun.
Judgment day
So am finally getting what I was looking for. There is no turning back anymore, this is it people, the final nail in the coffin. Temporarily jumps on the stock markets and some happy idiots out there might rejoice over the g20 fascism for a while. But that’s just for the moment. Soon those with any inkling of intellect will collect their winnings and sell their stocks, and soon after that the dollar will collapse and more companies will go down. And keep a close eye on China, when that country really start to crumble, it is time to pack your bags and plan for the end. This is it, the next depression is soon here. There is no question of IF anymore, it is just a matter of time and there is not much time left. I give you a maximum of 2 years with any form of normality and with “normality” I mean massive demonstrations, increased numbers of terrorist attacks, enormous unemployment and for you all: looking forward to the worst crisis anyone have ever seen.
These baboons are some of the worst criminals in the history of mankind. I hope that those of you who remember this moment in the future, if there are any of you present at that time, will have some of these pictures left and make appropriate use of them.
If you want to know what caused this crisis and what could have been done about it, read the post below this one. If you want to know what your options are, read the post that comes next. We are all royally fucked beyond all comprehension.
These baboons are some of the worst criminals in the history of mankind. I hope that those of you who remember this moment in the future, if there are any of you present at that time, will have some of these pictures left and make appropriate use of them.
If you want to know what caused this crisis and what could have been done about it, read the post below this one. If you want to know what your options are, read the post that comes next. We are all royally fucked beyond all comprehension.
What you need to know – please read
What I write here is both what started the crisis and how to fix it. It is not magic, it is not difficult and after a couple of minutes reading this you will be aware. I hope you read this and really understand it so we can save the world, because that is how far we have come.
Since this is a financial and economical crisis it is important to know something you do not get taught in school and what most economists and politicians don’t know or don’t care about. I’m going to present you with three facts and then explain them. If you truly understand this, you can say you know better than all the people at the g20 conference, you will be smarter than all the central banks economists put together and you will understand something that journalists never will.
1. It is very possible (and this happens all the time) that a country can have a growing economy counted in GDP, low inflation and still get poorer. Why? Because of borrowing. The people and/or the government can be borrowing money and since GDP mainly take into account the spending, not the debt, this can increase poverty. Especially when this is combined with lower production and that the money being spent only is spent, not invested or saved. This means people is only getting stuff, not producing them. This is what Peter Schiff and many others tried to explain several years ago when the American economy went extremely “well” and GDP was growing and inflation was low. Schiff with several others (including myself) told people they were actually getting poorer, but everyone shaked their heads and regarded us as madmen. And this is why United States today is more or less bankrupt. If you do not produce, only borrow in order to buy things, you get deeper and deeper in debt and consequently poorer and poorer. And what are the governments with Obama as frontrunner doing to fix the crisis? That’s right; borrowing more money to spend it! It is not production they are putting the money on, it is not savings and it is hardly even investments (some, but not enough) it is almost only spending. In other words, they are doing the exact same thing that is the main cause of the crisis in order to fix it, but at a higher and faster rate. Can you see the fun as I can?
2. You can be producing things faster, better and more and get higher salaries all the time, but still getting less and less for your money. Why? Because of the increase in money on the market. If the amount of money in the system grows more than the production rate, you will get less and less for you money in regard to prices. This also means that if this happen; you are getting taxed! This is the point you probably have hardest to understand and you really need to know what money is to fully grasp this, but think of it in terms of supply and demand. If something is plentiful, the price on it goes down. If something is scarce, the price goes up. This is also true for money. This is the second thing that is the basis of today’s crisis and also the main reason why production is going down in relation to GDP. And what are governments also doing to avert the crisis? They are printing more money!
3. Low interest rates make us borrow and spend more, high interest rates make us borrow less and save more. This most of you probably do understand. If rates goes up and makes it more expensive to borrow, you will not borrow or at lest borrow less. This is the third big reason for this crisis because in several countries the interest rates have been artificially kept down by governments. They have forced central banks to lower rates or they have put in their own public banks or loaning institutes on the market to make people borrow more money. This is very obvious in America were the governmental institutions of Freddie Mac and Fannie Mae practically gave away money to an very low interest rate, and of course people took them and went out spending them on things they in reality couldn’t afford. This in combination with 1 (and 2) above is the real problems and why we are in deep, deep trouble. Because, again, what are governments trying to do to divert the crisis? Yes, that’s right; they are trying to force people to borrow more so they can spend more to keep GDP up and growing.
----
To this we could add other things like trade and so forth, but to keep it simple, above is what you really need to know. The only additional thing you really need to keep one brain cell focused on is the restrictions, laws and other things that keep the market from correcting these faults by it self. Since I know most of you who read this do not agree with me about the markets fantastic ability to ‘govern’ itself, we can skip that, because what I have just told you is too important to not focus on. If you truly understand these 3 facts you now know how this crisis started, but more importantly you also know why the things governments are doing all over the world will not help. Even IF all the stimulus and bail-outs “work” in the sense that people start spending again and the market recuperate some, nothing have changed. This crisis will continue over and over and over again, until politicians and/or you, the people, demand a true solution based on what I now have told you.
This is also why it is very important not to spend and not to do what OECD and the world leaders are saying. Instead you should praise the Swedish Government for not doing the same (They are not doing completely 100% the right things, but they are the example to follow). And you should not blame banks making interest rates higher, that’s a good thing at this time! We are going to have a crisis, no matter what we do, but the length, the depth and the seriousness of it is dependent on people realizing what is said in this text. If you still want governments to spend to save your job or if you still go out and demonstrate under those red flags, do not blame me when you and the rest of the idiots are doing much, much worse then today. Please believe me; this can only get worse (catastrophic), not better.
Since this is a financial and economical crisis it is important to know something you do not get taught in school and what most economists and politicians don’t know or don’t care about. I’m going to present you with three facts and then explain them. If you truly understand this, you can say you know better than all the people at the g20 conference, you will be smarter than all the central banks economists put together and you will understand something that journalists never will.
1. It is very possible (and this happens all the time) that a country can have a growing economy counted in GDP, low inflation and still get poorer. Why? Because of borrowing. The people and/or the government can be borrowing money and since GDP mainly take into account the spending, not the debt, this can increase poverty. Especially when this is combined with lower production and that the money being spent only is spent, not invested or saved. This means people is only getting stuff, not producing them. This is what Peter Schiff and many others tried to explain several years ago when the American economy went extremely “well” and GDP was growing and inflation was low. Schiff with several others (including myself) told people they were actually getting poorer, but everyone shaked their heads and regarded us as madmen. And this is why United States today is more or less bankrupt. If you do not produce, only borrow in order to buy things, you get deeper and deeper in debt and consequently poorer and poorer. And what are the governments with Obama as frontrunner doing to fix the crisis? That’s right; borrowing more money to spend it! It is not production they are putting the money on, it is not savings and it is hardly even investments (some, but not enough) it is almost only spending. In other words, they are doing the exact same thing that is the main cause of the crisis in order to fix it, but at a higher and faster rate. Can you see the fun as I can?
2. You can be producing things faster, better and more and get higher salaries all the time, but still getting less and less for your money. Why? Because of the increase in money on the market. If the amount of money in the system grows more than the production rate, you will get less and less for you money in regard to prices. This also means that if this happen; you are getting taxed! This is the point you probably have hardest to understand and you really need to know what money is to fully grasp this, but think of it in terms of supply and demand. If something is plentiful, the price on it goes down. If something is scarce, the price goes up. This is also true for money. This is the second thing that is the basis of today’s crisis and also the main reason why production is going down in relation to GDP. And what are governments also doing to avert the crisis? They are printing more money!
3. Low interest rates make us borrow and spend more, high interest rates make us borrow less and save more. This most of you probably do understand. If rates goes up and makes it more expensive to borrow, you will not borrow or at lest borrow less. This is the third big reason for this crisis because in several countries the interest rates have been artificially kept down by governments. They have forced central banks to lower rates or they have put in their own public banks or loaning institutes on the market to make people borrow more money. This is very obvious in America were the governmental institutions of Freddie Mac and Fannie Mae practically gave away money to an very low interest rate, and of course people took them and went out spending them on things they in reality couldn’t afford. This in combination with 1 (and 2) above is the real problems and why we are in deep, deep trouble. Because, again, what are governments trying to do to divert the crisis? Yes, that’s right; they are trying to force people to borrow more so they can spend more to keep GDP up and growing.
----
To this we could add other things like trade and so forth, but to keep it simple, above is what you really need to know. The only additional thing you really need to keep one brain cell focused on is the restrictions, laws and other things that keep the market from correcting these faults by it self. Since I know most of you who read this do not agree with me about the markets fantastic ability to ‘govern’ itself, we can skip that, because what I have just told you is too important to not focus on. If you truly understand these 3 facts you now know how this crisis started, but more importantly you also know why the things governments are doing all over the world will not help. Even IF all the stimulus and bail-outs “work” in the sense that people start spending again and the market recuperate some, nothing have changed. This crisis will continue over and over and over again, until politicians and/or you, the people, demand a true solution based on what I now have told you.
This is also why it is very important not to spend and not to do what OECD and the world leaders are saying. Instead you should praise the Swedish Government for not doing the same (They are not doing completely 100% the right things, but they are the example to follow). And you should not blame banks making interest rates higher, that’s a good thing at this time! We are going to have a crisis, no matter what we do, but the length, the depth and the seriousness of it is dependent on people realizing what is said in this text. If you still want governments to spend to save your job or if you still go out and demonstrate under those red flags, do not blame me when you and the rest of the idiots are doing much, much worse then today. Please believe me; this can only get worse (catastrophic), not better.
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