SomaliNet Forums

Brittania is a joke they have a North American head of their Central Bank we have to babysit them ever since WW2


Anyway Carney is at least realistic and is trying to get ahead of the situation. The British think too highly of themselves and are about to crumble after thinking they don't need the EU and voting for Brexit. Carney probably saw all the real Stats of the Economy and where things are headed after the racist arrogant British public voted for Brexit without even thinking of the ramifications

I'm at least happy Scotland and Northern Ireland will finally leave the Queen's sinking ship

Banks and their behind the scenes owners run the world saxib. All the worlds governments and politicians are Puppet Actors who are told what to say and do by the Bankers. Do you remember what happened to HSBC and other big banks before them who got caught red handed laundering Drug Money and Terrorist financing. That's right too bog to Jail The whole game of cards would come down if even one of these Banks was prosecuted and shut down. These guy have Trillions in derivatives and hold the whole world hostage. No government can touch them they're Supra National

http://www.marketwatch.com/story/house- ... 2016-07-11

NoAngst wrote:Russia Today (RT) is Kremlin mouthpiece, so you need take what they say with a grain of salt. Correct

Anyways, booms and bust cycles are part and parcel of capitalism. Another correction in 2017 will hardly be surprising although I think we're living through a correction that started late 2014, so another one is highly unlikely. We're just not seeing it because the central banks world over are artificially inflating asset prices QE and Zero-Interest Rate policies. Correct

If the prophesized economic collapse in 2017 materializes, the West will fare better. The developing and emerging countries will be the most adversely affected. There will be food riots, famines and political upheavals in places like Somalia, Ethiopia, Kenya, rest of Africa, etc. So, your best bet is to migrate or stay in West. Correct Don't forget to add BRIC/S

Japan has been in economic stagnation since early 1990s and yet it is still premier economic powerhouse.Correct

most rational reply in this thread

rest of you nutters get a grip

hangool79 wrote:

NoAngst wrote:Russia Today (RT) is Kremlin mouthpiece, so you need take what they say with a grain of salt. Correct

Anyways, booms and bust cycles are part and parcel of capitalism. Another correction in 2017 will hardly be surprising although I think we're living through a correction that started late 2014, so another one is highly unlikely. We're just not seeing it because the central banks world over are artificially inflating asset prices QE and Zero-Interest Rate policies. Correct

If the prophesized economic collapse in 2017 materializes, the West will fare better. The developing and emerging countries will be the most adversely affected. There will be food riots, famines and political upheavals in places like Somalia, Ethiopia, Kenya, rest of Africa, etc. So, your best bet is to migrate or stay in West. Correct Don't forget to add BRIC/S

Japan has been in economic stagnation since early 1990s and yet it is still premier economic powerhouse.Correct

most rational reply in this thread

rest of you nutters get a grip

Well to put it simply no, just no!

Sometimes the people you think are the "nutters", might be the only sane and intelligent people. I know that is a bit hard to comprehend, but it is the truth in this case.

Do you even understand why industry is moving from western countries to eastern countries? Or why inflation has increased despite a slow down in economic output and industrial growth globally? Or why salaries have decreased despite higher living costs (it's called stagflation)?

Do you understand how fiat currency is based on debt, and that the debt will never go away, ever, but will only get bigger? This debt is crippling everyone and everything in its path.

Can you comprehend how this artificially constructed and malicious economic system has robbed and is robbing the planet of it's natural resources, creating a population explosion along with unprecedented poverty? Currently we have mass extinction events taking place within the insect population which will lead to inevitable problems with pollination and hence global food supply.

Now once you get a healthy understanding of how this is a vicious cycle, come back then and accuse people that they are "nutters". Until then, do not come with lame arguments masked with big words like the one presented above whom you think is "the most rational in this thread" (laughable )

^^^& Don't worry let the sheep drink their GMO High Fructose Aspertame laced Kool Aid. He doesn't know nor care to know how the world works. As long as the Western Caydh keeps going these people won't care and will call us nuts. The day the EBT and Welfare get cut is when they'll wake up

Untill then they'll believe the Fairy Tales CNN and Faux news tell them

you're a nutter, just because you scream the time is 11:00 and get it right twice within 24 hours it doesnt mean you suddenly know it all. Stop swallowing everything you read in gossip blogs and see on youtube, either deal with this in a professional manner or be quiet.
.
i can't deal with amateurs

Go watch Fox news, SKY News or whatever Murdoch owned propaganda channel you watch and let the big boys have a discussion

Door is

Buy gold and silver now.

D Day is almost here as Deutsche Bank is now looking for a bailout.... This Bank is gonna make Lehman Brothers look like children's games as Lehman almost took the whole world Economy with it in 2008 and we still haven't fully recovered yet

https://www.express.co.uk/news/world/70 ... t-grow/amp

Deutsche Bank has over $600 Trillion in Derivatives exposure and once this thing blows up the world will never be the same as all the banks are interlinked

https://www.thestreet.com/story/1362815 ... -zero.html

prepare yourselves

A little exaggerated isnt it?
2017 collapse??? fear mongering blogs like this are another useful distraction.


yes the US dollar is quickly losing its status as world reserve , but it will not collapse as a currency, or will the US economy or Europes collapse.
They learnt from the 1929 great depression that you should keep bullshitting, and inflating away at all costs,
QE has allot more to go, and they are very good at image manipulation.

no sudden collapse or implosion, no bust, just a slow wasting away.

Will Europe and the US continue to be advanced economies with a high standard of living in 2046?
Yes they will, but the size of their economy in respect the rest of the world particularly Asia, will be a fraction of what it is now.
The same with the corresponding influence and military power.

I've been saying this for a while. There's nowhere to run.

The thing is, there's not just Dollarpocalype coming but also peak oil happened in 2007.

Great Depression II

James Dahl wrote:I've been saying this for a while. There's nowhere to run.

The thing is, there's not just Dollarpocalype coming but also peak oil happened in 2007.

Great Depression II

In case you haven't paid attention Jaamac Dahir, peak oil back in 2007 - 2008 was the result of production not meeting up to the short term growth in demand, moreover there was the financial speculation as well, please red Hamilton 08 - 2010. You can't explain long term dynamics with short term disturbances in the market.

too much kool aid crack among you nutters,

hangool79 wrote:

James Dahl wrote:I've been saying this for a while. There's nowhere to run.

The thing is, there's not just Dollarpocalype coming but also peak oil happened in 2007.

Great Depression II

In case you haven't paid attention Jaamac Dahir, peak oil back in 2007 - 2008 was the result of production not meeting up to the short term growth in demand, moreover there was the financial speculation as well, please red Hamilton 08 - 2010. You can't explain long term dynamics with short term disturbances in the market.

too much kool aid crack among you nutters,

They're linked but not the way you think

James Dahl wrote:

hangool79 wrote:

James Dahl wrote:I've been saying this for a while. There's nowhere to run.

The thing is, there's not just Dollarpocalype coming but also peak oil happened in 2007.

Great Depression II

In case you haven't paid attention Jaamac Dahir, peak oil back in 2007 - 2008 was the result of production not meeting up to the short term growth in demand, moreover there was the financial speculation as well, please red Hamilton 08 - 2010. You can't explain long term dynamics with short term disturbances in the market.

too much kool aid crack among you nutters,

They're linked but not the way you think

Are you implying a causal link? .

i did not take you james as a peak oiler..........

Lets imagine a worst case scenario that peak oil is real,
its not the end of the world, there is coal.
and coal to liquids technology is mature and can produce everything crude oil can.
This can be a stopgap measure while 3rd and 4rth generation nuclear fission plants are rushed into service.

nuclear plus coal gives us 300 years supply,
more than enough time to crack fusion, unless he-3 is needed then we need to mine the moon for he-3 or later Jupiter.