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Signs that a collapse is under way.

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SpasticGramps

Don't Drone Me, Bro!
ICMag Donor
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The Fed may indeed lead us to the path of destruction. Wall Street is arguably making sure the rest of the world goes with us. If or when this happens, money won't disappear, it'll just aggregate into fewer hands.

I don't differentiate between the Federal Reserve and Wall Street. The Federal Reserve is Wall Street IMO. The FED exists to serve Wall Street and fleece the lower classes. Now that all gains are privatized and all loses socialized we have ensured that the tax paying productive class will be squeezed out by the corporate welfare state.

Quantitative Easing is the final transfer of wealth from the lower classes to the kleptocracts.

It's all good and well for our central planners. A country with a middle class demands freedom. A country without one is one that lives under complete totalitarian tyranny as we are moving closer and closer to today. A totalitarian democracy. It doesn't matter who you vote for. You lose.
 

SpasticGramps

Don't Drone Me, Bro!
ICMag Donor
Veteran
The banking sector is failing around like a fish out of water trying to extract that last pound of flesh from the lower classes. Anything to keep the ponzi going. There is a good Bloomberg video in link. These are the people who will lose their heads when the proletariat rise up against the bourgeois.

Step Aside "Too Big To Fail" - Morgan Stanley Comes Up With The New Catchphrase; Calls Recovery "Too Young To Die"
Asked about the fate of the economic "recovery", which incidentally is nothing more than a $2 trillion dollar dilution-funded blip on the depressionary downtrend commenced in December 2007, Greg Peters, the head of fixed income research, at Morgan Stanley, the firm whose other fixed income strategist Jim Caron will now have been proven wrong three years in a row following his annual broadly bullish call for a jump in rates (not based on bearish considerations such as those postulated by Bill Gross... bullish), tells Tom Keene that the recovery is "Too Young To Die." Yep. That's the justification. Alas there was no mention that the 98 year old ponzi scheme perpetrated by the Fed since 1913 is now "Too Obvious To All." And when that fails, many of the same people who get paid huge sums of recycled taxpayer money to come up with catchy four word slogans while spouting flawed economic projections will suddenly find themselves "Too Pitchforked To Fly (Away To Non Extradition Countries)"
To young to die now is it? What a fucking joke.
 

SpasticGramps

Don't Drone Me, Bro!
ICMag Donor
Veteran
The ponzi is running out of gas and the hopium peddlers are running out of catchy propaganda phrases.

Global Economic Rebound Weakens on Quake, Oil Price, European Debt Crisis Bloomberg
The world economy is losing strength halfway through the year as high oil prices and fallout from Japan’s natural disaster and Europe’s debt woes take their toll.

Goldman Sachs Group Inc. now expects global economic growth of 4.3 percent in 2011, compared with its 4.8 percent estimate in mid-April, while UBS AG has cut its projection to 3.6 percent from 3.9 percent in January. Downside risks also include a shift to tighter monetary policy in emerging markets.

“The world economy has entered a softer patch with the incoming growth data mostly disappointing,” said Andrew Cates, an economist at UBS in Singapore. “We suspect this soft patch will endure for longer.”

Like Turbo Tax Timmy said in '09 "Welcome To the Recovery!" Jokes on us.
 

Suspect

Active member
Veteran
Worldwide purification is in process and ain't shit the establishment can do about it, new age is coming, time where we use hemp for victory!
 

DiscoBiscuit

weed fiend
Veteran
Yeah, I buy the chocolate and pb snacks at the store because they're cheaper than candy bars. One day I went to pick up a case, (lol) and the price had almost doubled. Back on the shelf it went.

The next week, here was a case with the old price. I chuckled that the clerk had marked the previous batch incorrectly.

Got em home and the old price made me hungry for one so I ripped open the case. Now get this, the boxes with 8 packs now only have 4! Same damn box but only half full.

Is this a new marketing strategy?

Uh... I just bought half a new car....
 
F

FinallyFree

Yeah, I buy the chocolate and pb snacks at the store because they're cheaper than candy bars. One day I went to pick up a case, (lol) and the price had almost doubled. Back on the shelf it went.

The next week, here was a case with the old price. I chuckled that the clerk had marked the previous batch incorrectly.

Got em home and the old price made me hungry for one so I ripped open the case. Now get this, the boxes with 8 packs now only have 4! Same damn box but only half full.

Is this a new marketing strategy?

Uh... I just bought half a new car....

This is happening everywhere. Sizes of drinks, food products - you name it - are changing, but staying the same price. They're decreasing the amount of product you receive but charging the same price. They're doing this because (like you) most people don't notice and it's the final step before the prices just overall skyrocket.
 
I

In~Plain~Site

Buy any ice cream lately?

Not to mention the 'new' and improved packaging process pumps that crap full of air, soft-serve in a box.

Progress

Yeah, I buy the chocolate and pb snacks at the store because they're cheaper than candy bars. One day I went to pick up a case, (lol) and the price had almost doubled. Back on the shelf it went.

The next week, here was a case with the old price. I chuckled that the clerk had marked the previous batch incorrectly.

Got em home and the old price made me hungry for one so I ripped open the case. Now get this, the boxes with 8 packs now only have 4! Same damn box but only half full.

Is this a new marketing strategy?

Uh... I just bought half a new car....
 

DiscoBiscuit

weed fiend
Veteran
You know, I wondered if me freezer was on the fritz. Damn ice cream is soft freaking serve. You just saved me a service call.:D

Obviously I never paid attention to all the other hard-frozen stuff sitting right beside the ice cream.
 
2566zxj.jpg
 

SpasticGramps

Don't Drone Me, Bro!
ICMag Donor
Veteran
Is this a new marketing strategy?

Uh... I just bought half a new car....

LOL. Inflation is a bitch, but according to Bernanke this is just "transitory". According to him there is no inflation. Every time he opens his mouth and says that he scares the shit out of the market because they know he's going to drive the bus on with cliff with that kind of outlook. He is deluded by his power and hubris.
 

bozga

Member
The thing is that the money is being stolen from us by the governments, institutions and by the rich who have power to make the rules on their own to sustain their power. System is corrupted.
Rich become richer, poor become poorer, and we think that the collapse is near. It's not collapse, it's called strategic Babylonian planing to rip the people off.
:wave:
 

mississippi

Member
they might be planning to rip us off but they didnt count with nature and the planet. (they do now, but i guess its a little bit late now.) this meltdown is about nature too. global warming, lack of oil... oil. the _fuel_ of this kind of society. when the oil gets out of the game they lose something which is quite important for their money-making, oppressive system. i dont say, the disappearence of oil will change everything but i cannot believe that it wont change anything. humanity will have to adapt to a new, maybe slower way of life, than we will have the time to think about whats really good for us. i dont know how is this gonna happen but im sure this system wont last much longer.
 

SpasticGramps

Don't Drone Me, Bro!
ICMag Donor
Veteran
When hedge fund managers openly start talking about the wheels coming off the ponzi bus. Full CNBC video of interview in the link.

Carl Icahn Confesses That The "System Is Not Working Properly", Warns Of Another "Major Problem" Coming
ZeroHedge
Confirming our ongoing observations that the pursuit of leveraged beta is the only game in town ("Levered Beta Uber Alles: NYSE Borse Margin Debt Jumps To Three Year Highs, Investor Net Worth Remains At Record Lows") is this surprising confession by hedge fund titan Carl Icahn, who not only warns that the levels of leverage achieved in the current centrally planned regime is as bad as it ever was, and that some form of Glass-Steagall should return, but that, stated simply, the entire "system is not working properly." His warning, stated in a very politically correct fashion, is that "there could be another major problem" either next week, or next year. Which is not surprising: after all not only has anything changed, but the very same drivers of risk that nearly crashed capitalism in Q3 2008, are back and arguably stronger than ever. That the Fed is the last recourse mechanism preventing an all out systemic wipe out probably should not be a source of comfort to anyone. In the end, the Fed, as any other authoritarian institution promoting central planning, will always lose.

Relevant from the transcript:
"I do think that there could be another major problem. Now, will it happen next week, next year, i don't know and certainly nobody knows, but i don't think that the system is working properly. I really find it amazing that we're almost back to where it was, where there's so much leverage going on in the investment banks today. There's just way too much leverage and way too much risk-taking, with other people's money. I know a lot of my friends on Wall Street will hate my saying this, but the Glass Steagall thing or something like it wasn't a bad thing. In other words, a bank should be a bank. Investment bankers should be investment bankers. Investment bankers serve a purpose, raising capital and whatever, but i think today, and i know a lot of people won't like hearing this, what's going on today, i think we're going back in the same trap, and i will tell you that very few people understood how toxic and how risky those derivatives were. CDS were extremely risky the way they were used, and you look at Wall Street and you say, hey, they did it, but then you can't really blame the Wall Street guys. You can't blame a tiger. If you take a fierce man-eating tiger and put him in with a lot of sheep, you can't blame the tiger for eating the sheep. And that's the nature of the tiger. And that's the nature of Wall Street. I'm not saying they're bad but that's their nature, and the government should regulate finance."

I think he highlights the mentality of Wall Street quite well. We are sheep for slaughter to them. That's not being hyperbolic.
 
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