wjfox Posted April 12, 2011 Share Posted April 12, 2011 http://www.youtube.com/watch?v=KqO64-ipqAM Link to comment https://www.eastdulwichforum.co.uk/topic/16729-global-economic-collapse-this-summer/ Share on other sites More sharing options...
Huguenot Posted April 12, 2011 Share Posted April 12, 2011 New World Order, 9/11, Pearl Harbour, Kennedy Assassination, Obama is an alien... Link to comment https://www.eastdulwichforum.co.uk/topic/16729-global-economic-collapse-this-summer/#findComment-427107 Share on other sites More sharing options...
wjfox Posted April 12, 2011 Author Share Posted April 12, 2011 Yeah, but you haven't actually addressed any of his points. Link to comment https://www.eastdulwichforum.co.uk/topic/16729-global-economic-collapse-this-summer/#findComment-427114 Share on other sites More sharing options...
Huguenot Posted April 12, 2011 Share Posted April 12, 2011 There's nothing really to address. He's taken some rather obvious points like natural diasters having an economic impact and blown them out of all proportion.He's a little bit late to be talking about economic disaster anyway - we've just had one of those.Sure productivity will be affected, but then conversely rebuidling efforts will help drive comnercial growth in the medium term.25% of UK firms have recruited since the beginning of the year, the US has generated 500,000 jobs in the same period. Despite Mr. Ruppert's convctions, these (and the rest of the wordl) are not all reliant on Japanese components.He's mainly obsessed with automotive because it's a US cultural meme. Link to comment https://www.eastdulwichforum.co.uk/topic/16729-global-economic-collapse-this-summer/#findComment-427120 Share on other sites More sharing options...
Loz Posted April 12, 2011 Share Posted April 12, 2011 He's been predicting 'the collapse of industrial civilisation' for ages now. I mean, when you run a site called CollabseNet then declaring that everything is hunky-dory might just be a little bad for business.Apparently now a few component shortages in two industries is going to cause the end of the world as we know it. At least he's put a date on it and we can look forward to him being able to STFU in August. Link to comment https://www.eastdulwichforum.co.uk/topic/16729-global-economic-collapse-this-summer/#findComment-427132 Share on other sites More sharing options...
Loz Posted April 12, 2011 Share Posted April 12, 2011 And have a look at this from about a year ago:http://www.youtube.com/watch?v=wCvl_kzjaj0&feature=relatedFF to 4.22 where he confidently predicts that the gulf oil leak will destroy the entire region due to the whole reserve being allowed to leak. So his crystal ball is a little... erm... faulty.I love how anyone who doesn't agree with his little doomsday prophecy is a 'zombie'. I think we are safely into nutter territory here. Link to comment https://www.eastdulwichforum.co.uk/topic/16729-global-economic-collapse-this-summer/#findComment-427137 Share on other sites More sharing options...
Huguenot Posted April 12, 2011 Share Posted April 12, 2011 "They will be able [to use my site] to search out other members who are building lifeboats within 10 kilometres of where they live..."That one's a beauty. Link to comment https://www.eastdulwichforum.co.uk/topic/16729-global-economic-collapse-this-summer/#findComment-427141 Share on other sites More sharing options...
witsd Posted April 14, 2011 Share Posted April 14, 2011 *Wears turquoise* Link to comment https://www.eastdulwichforum.co.uk/topic/16729-global-economic-collapse-this-summer/#findComment-427806 Share on other sites More sharing options...
JohnL Posted April 25, 2011 Share Posted April 25, 2011 Will this mean the extension to the Overland line to Peckham Rye is cancelled. Link to comment https://www.eastdulwichforum.co.uk/topic/16729-global-economic-collapse-this-summer/#findComment-430007 Share on other sites More sharing options...
Townleygreen Posted May 1, 2011 Share Posted May 1, 2011 Almost certainly, JohnL. Also Omrith will have to close down too. Link to comment https://www.eastdulwichforum.co.uk/topic/16729-global-economic-collapse-this-summer/#findComment-431583 Share on other sites More sharing options...
Ridgley Posted May 4, 2011 Share Posted May 4, 2011 I take it there will be no lick lick this summer then:)) Link to comment https://www.eastdulwichforum.co.uk/topic/16729-global-economic-collapse-this-summer/#findComment-432328 Share on other sites More sharing options...
wjfox Posted August 5, 2011 Author Share Posted August 5, 2011 Bump. :) Link to comment https://www.eastdulwichforum.co.uk/topic/16729-global-economic-collapse-this-summer/#findComment-461242 Share on other sites More sharing options...
Loz Posted August 5, 2011 Share Posted August 5, 2011 Why? Shares down, a little panic selling. Not like that's never happened before. The bargain hunters will be along soon. Are you actually saying we should start building lifeboats, like he said. I'm not sure your soothsayer knows the difference between an economic collapse and a dam collapse.Your little smiley suggests you seem to be actively hoping for a global economic collapse, just so you can be seen as correct. Slightly sick, really. Link to comment https://www.eastdulwichforum.co.uk/topic/16729-global-economic-collapse-this-summer/#findComment-461290 Share on other sites More sharing options...
Saila Posted August 5, 2011 Share Posted August 5, 2011 he got the timing of a 'collapse' (if you call a small correction relative to a doubling in the value of an index a 'collapse' bang on) - well done himbut the reason for the 'collapse' spectacularly wrong - so he's just a random who said the markets will fall in the summer... no sh1tcorporate earnings are the only thing positive about what's going on right now (except banks) Link to comment https://www.eastdulwichforum.co.uk/topic/16729-global-economic-collapse-this-summer/#findComment-461493 Share on other sites More sharing options...
???? Posted June 27, 2012 Share Posted June 27, 2012 Maybe this summer. Personally as someone who was really pessimistic back in late 2007, I'm feeling as bad now. A very possible scenario I think MOST western European countries are going to have some sort of debt crisis or default. I include the UK us in this - yeatesrday's news that PSBR had gone up despite the cuts just showed how over stretched governemnt spending is and the tories have completley lost their nerve on meningful reductions or tax rises as far as I can see (how many u-turns?). People don't want cuts BECAUSE THEY ARE 'ORRIBLE and are so myopic about the dire situation that western economies and governements are in that they just think that the money tree means we don't have to worry about any of this..just vote it away. Meanwhile global banks exposure to sovreighn debt means that the 2nd credit crunch is already grinding away and has a very big chance of happening anytime soon.As far as I can see, Inflation is the only way out and that'll bring another set of huge problems.Buy gold, head for the hills. Link to comment https://www.eastdulwichforum.co.uk/topic/16729-global-economic-collapse-this-summer/#findComment-555503 Share on other sites More sharing options...
david_carnell Posted June 27, 2012 Share Posted June 27, 2012 Cheery. Link to comment https://www.eastdulwichforum.co.uk/topic/16729-global-economic-collapse-this-summer/#findComment-555593 Share on other sites More sharing options...
uncleglen Posted June 28, 2012 Share Posted June 28, 2012 On the BBC news this evening it was said that the recession is deeper than was previously thought. Sounds like a precursor to something. Link to comment https://www.eastdulwichforum.co.uk/topic/16729-global-economic-collapse-this-summer/#findComment-556007 Share on other sites More sharing options...
New Nexus Posted July 2, 2012 Share Posted July 2, 2012 I got the answer:Get a fifty pound note put it in your scanner and make as many copies of said note as you can, then deposit the copies in to your bank account.The above information is a joke, but the above is what the bank of England is doing and will be doing until the house of cards does what all Ponzi scheme do ?collapse? The Bank of England is a private central bank. Link to comment https://www.eastdulwichforum.co.uk/topic/16729-global-economic-collapse-this-summer/#findComment-556824 Share on other sites More sharing options...
Loz Posted July 2, 2012 Share Posted July 2, 2012 New Nexus Wrote:-------------------------------------------------------> The Bank of England is a private central bank.Was private, but not since 1946. Your information is only 66 years out of date, so at least you are improving.http://www.bankofengland.co.uk/about/Documents/legislation/1946act.pdf Link to comment https://www.eastdulwichforum.co.uk/topic/16729-global-economic-collapse-this-summer/#findComment-556850 Share on other sites More sharing options...
Huguenot Posted July 2, 2012 Share Posted July 2, 2012 And of course delightfully overlooks that controlled inflation (or quantitative easing) is the most exquisite and satisfying way of depriving the top 1% of the population who have acquired so much of our wealth of the right to enjoy it.The biggest opponents of quantitative easing are those sitting on stuffed bank accounts.If you're anti-QE and you're not in that gang then you're a mug. Link to comment https://www.eastdulwichforum.co.uk/topic/16729-global-economic-collapse-this-summer/#findComment-556867 Share on other sites More sharing options...
Carter Posted July 2, 2012 Share Posted July 2, 2012 Actually, the better half (her being a contract lawyer) thinks that nothing changed in regard to the ownership after reading the 1946 Act.Provision 1 thus -:(1) On the appointed day ?(a) the whole of the existing capital stock of the Bank (hereinafter referred to as ?Bankstock?) shall, by virtue of this section, be transferred, free of all trusts, liabilities andincumbrances, to such person as the Treasury may by order nominate,(3) to be held bythat person on behalf of the Treasury;...However, further reading down reveals Provison 8 -:8. The Government stock issued in substitution for any Bank stock shall be held in thesame rights and on the same trusts and subject to the same powers, privileges, provisions,charges, restraints and liabilities as those in, on or subject to which the Bank stock was heldimmediately before the appointed day, and so as to give effect to and not revoke any deed,will, order, mandate, notice or other instrument or testamentary or other dispositiondisposing of or affecting the Bank stock, and every such instrument or disposition shall takeeffect with reference to the whole or a proportionate part, as the case may be, of thesubstituted Government stock.So, her take is this...if the owners of the private bank stock were then nominated by the Treasury after the 1946 Act then nothing changed, and it still remains a private bank. Especially if the original bank stock was held in trusts or wills etc. I think purely on the 1946 Act the ownership of the BoE still remains a little murky, not that I want to give New Nexus any more ammunition. Link to comment https://www.eastdulwichforum.co.uk/topic/16729-global-economic-collapse-this-summer/#findComment-556872 Share on other sites More sharing options...
New Nexus Posted July 2, 2012 Share Posted July 2, 2012 How to get one self out of a very, very deep hole ? just keep digging.In debt ?Cannot pay your bills ?Max out credit ?Do what the BOE does borrow even more.In for a penny in for a pound and soon your pound will be worth a penny or even less. Link to comment https://www.eastdulwichforum.co.uk/topic/16729-global-economic-collapse-this-summer/#findComment-556892 Share on other sites More sharing options...
Loz Posted July 2, 2012 Share Posted July 2, 2012 Carter Wrote:-------------------------------------------------------> > So, her take is this...if the owners of the private bank stock were then nominated by the> Treasury after the 1946 Act then nothing changed, and it still remains a private bank. Especially if> the original bank stock was held in trusts or wills etc. But deep in the BoE's charter, you'll find "By the Bank of England (Transfer of Stock) Order, 1946 (S.R. & O. 1946 No. 238) the person nominated was the Solicitor for the Affairs of H.M. Treasury (the Treasury Solicitor)."So, either he retired a very rich man or the Bank of England was successfully nationalised. Link to comment https://www.eastdulwichforum.co.uk/topic/16729-global-economic-collapse-this-summer/#findComment-556906 Share on other sites More sharing options...
Carter Posted July 2, 2012 Share Posted July 2, 2012 So I am genuinely confused as to why not just write that into the original 1946 Act, or indeed any of the amemdments? Link to comment https://www.eastdulwichforum.co.uk/topic/16729-global-economic-collapse-this-summer/#findComment-556912 Share on other sites More sharing options...
???? Posted July 2, 2012 Share Posted July 2, 2012 Huguenot Wrote:-------------------------------------------------------> And of course delightfully overlooks that> controlled inflation (or quantitative easing) is> the most exquisite and satisfying way of depriving> the top 1% of the population who have acquired so> much of our wealth of the right to enjoy it.> > The biggest opponents of quantitative easing are> those sitting on stuffed bank accounts.> > If you're anti-QE and you're not in that gang then> you're a mug.Er, millions of pensioners on fixed annuities. Utter rot huge. Link to comment https://www.eastdulwichforum.co.uk/topic/16729-global-economic-collapse-this-summer/#findComment-556938 Share on other sites More sharing options...
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