Jump to content

New Nexus

Member
  • Posts

    300
  • Joined

  • Last visited

Everything posted by New Nexus

  1. Jeremy Wrote: ------------------------------------------------------- > Firms rent server space on-site at the NYSE - GS > is one of them. > > What on earth does this have to do with your > bizarre claims that the UK is a cleptocracy?? > > Why do you think the entire derivatives market is > basically worthless? Do you actually know what a > derivative is? I did not say ?at? the exchange, location- location- location. Yes I do know what derivative is, thank you. Do you know the bank that sold clients ?crap? then bet against said clients, or is that just moral hazard and creating a market. Most people would call it fraud.
  2. Loz Wrote: ------------------------------------------------------- > New Nexus Wrote: > -------------------------------------------------- > ----- > > Loz Wrote: > > > -------------------------------------------------- > > > > Britain? Empire building? In the middle of the > 19th century? You don't say! > > > > > > But you'd have a harder time convincing me > that > > > was still the case today. > > > > Where do you think Wachovia and Wells Fargo & Co > (WFC) got the idea to launder $378.4 billion > > Mexican drugs money into U.S. to support the > economy during the 2008 crisis. > > Apples do not fall far from the tree. > > A vague conspiracy theory about two US companies > and Mexico? Aaaand that has got what exactly to > with British empire building? Try reading Bloomberg, June 29, 2010 before you talk about ?conspiracy theory? British empire building has everything to do with American empire building. The same corrupt banking system are behind the rise of both, clearly you did not get the apple?s and tree metaphor. I have no problem with capitalism. But people should try and understand that we are not living in a democratic capitalist country we live in a cleptocracy, it is not a trickle down system it is a trickle up system. There is no more price discovery in the worlds stock exchanges ? Goldman Sachs runs computer algorithms to do volume trading ? they place their servers next door to the New York stock exchange, just to get milliseconds on front trading. Hank Paulson 2008 went before congress and basically said give me 800 billion dollars or I will crash the economy ? banks blackmailing governments, and just like blackmailing they end up paying more and more QE1, QE2, QE3 talk about kicking the can down the road, when do we run out of road. The U.S. freeze interest rate at basically zero for two years ? how can they know what?s going to happen in three months let alone 2 years. And the really big elephant 700 trillion dollars derivatives market not yet addressed ? and I know people will say what can?t be paid won?t be paid, but history has shown us where that end up.
  3. StraferJack Wrote: ------------------------------------------------------- > @#$%& me, we are never far from a cliche in a NN > sentence are we? It would appear we are not very far from a ?@#$%& me? in one your opening comments, must get very sore all that ?@#$%&?
  4. Huguenot Wrote: ------------------------------------------------------- > "My quest for knowledge goes on alas" > > Hmmmm. Much like a vagrant filling his shopping > trolley with the rubbish he find in the gutter.... > ;-) Where there?s muck there's brass
  5. Loz Wrote: ------------------------------------------------------- > > But you'd have a harder time convincing me that > was still the case today. Where do you think Wachovia and Wells Fargo & Co (WFC) got the idea to launder $378.4 billion Mexican drugs money into U.S. to support the economy during the 2008 crisis. Apples do not fall far from the tree.
  6. maxxi Wrote: ------------------------------------------------------- > > > This tells me all I need to know > If this tells you all you need to know ? congratulations My quest for knowledge goes on alas.
  7. Loz Wrote: ------------------------------------------------------- > New Nexus Wrote: > -------------------------------------------------- > ----- > > Just like the British had no interest in > collapsing china?s economy, starting in 1839, > this > > was not the British intention but it was the > outcome. > > The Opium Wars? It may have fundamentally > changed China's economy in the longer term, > perhaps, but 'collapsed'? > > And if you mean short term, I would say it *was* > the intention. Wars are like that. Rule Britannia, It was empire building what, what, when Britten was the biggest drug-dealer in the world, and one of the biggest pimps, selling human flesh it didn?t really own. The more things change the more they stay the same.
  8. Huguenot Wrote: ------------------------------------------------------- > The events and context are entirely unrelated NN. > > That is such a ridiculous example I really can't > be bothered to talk about it. > > I can only assure you that you don't have any > legendary insight into this situation, and I > suspect very little understanding of the dynamics > at all. You've been listening to too many panic > stricken teenage American boys scared of reds > under the beds, and you quote them as if they were > intellectual giants. > > Your doom laden pronouncements can only be > proportioned by putting them in context, something > that you resolutely refuse to do. Yes the context and concept of economic are different, your right about that, however human nature has not changed in 172 years. We all know wars are pointless in themselves, yet we go on making them. Banks get richer by funding both side, arms dealers and economies get rich by supplying them and Haliburton gets the cleanup job. "Those Who Forget History Are Doomed to Repeat It" Sorry I know you don?t like paste jobs. I am really not an end of the world doomsayer. I do think the world economy has mortgage itself to far in to the future. If the banking system and Gordon brown?s shadow banking system opened the books to a proper audit, it would be clear that a debt jubilee is needed.
  9. Huguenot Wrote: ------------------------------------------------------- > There's nothing wrong with the SDR, nor is it > new. > > It's not recent, it's from 1969. It's a system > that allows governments to borrow from each other > rather than banks. > > Americans think borrowing from banks is > capitalism, and borrowing from your neighbour is > communism. Hence if you read US teenage screamers > (which you have been doing, and copying and > pasting from them) they keep going on about it as > if it's the anti-christ. > > The Chinese and the Russians are not out to get > you. They need markets for their own products, and > they need to import resources. They have no > interest in collapsing the global economy. Just like the British had no interest in collapsing china?s economy, starting in 1839, this was not the British intention but it was the outcome.
  10. Huguenot Wrote: ------------------------------------------------------- > What on earth is this problem about the SDR now? > > It was invented in 1969 FFS. > > It's just a way for credit worthy governments to > support their spending/debts if the banks go tits > up. They borrow off eahc other instead of the > banks. It's not rocket science. > > If you want to understand what this means just > remember that 40% of UK annual government spending > is borrrowed. If we can't borrow it we're all > fecked. > > SDR covers our arses. When the SDR replaces the dollar - what banks and finical institutions are going to take an haircut on their holding?, None. The system will try inflate its way out of the black-hole of debt that the world is in, and that means average Joe & Jane paying the price. I like to draw your attention again to the Minsky Moment. Debt can no longer be rolled into the future.
  11. Huguenot Wrote: ------------------------------------------------------- > Stop it now NN, you're just copying and pasting > silly stuff. > > There's no chance of banning money - it's just a > means to lubricate the exchange of goods and > services. > > You can't go running around wailing and screaming > about monsters under your bed any more, you're a > grown adult. > > You need to calm down. I think you got me wrong, I am all for money and lots of it. I think the system that is coming will deprive me of the value of my money. I am speaking of course of the (SDR)
  12. "Give me control of a nation's money and I care not who makes the laws." Mayer Amschel Rothschild
  13. Just some interesting factoids regarding Broken America Donald Rumsfeld admitted to $2.3 trillion missing on September 10, 2001 (the day before 9/11) September, 11, 2001 World Trade Centre - North and South tower collapse, then a third building collapses building 7 this was much later in the day, the BBC knew of the collapse before it had occurred, about 20 minutes before. I know the BBC are good, but I didn?t know they had psychic ability. Building 7 housed the security and exchange commission, that at the time was investigating approximately 2000 cases of insider trading, now all dropped as evidence was destroyed in collapse. I am sorry to say that Americans have lost control of America.
  14. please see the last part of this vid, Bank of England works the same way http://www.youtube.com/watch?v=NT-2fenmLnc
  15. Capitalism requires capital, we have a fractional lending reserves system. Private banks that print money - then lend it to government at interest, this money comes in to existence and takes value from the money that already exist, hence inflation. Who knows what damage QE3 is now doing. For reference: Steve Keen Associate Professor of Economics
  16. I know this has been used before, but I think it speaks volumes. http://i212.photobucket.com/albums/cc26/missadi/imageaxd.jpg
  17. ?Neither do I as it happens, but then again I don't tend to crash into forums with a single-dimension frame of reference, wearing a metaphorical sandwich-board proclaiming the end of the world. So sometimes it's necessary But I didn't ask you what you don't find enjoyable - I asked you what you did If, for example, you were able to partake in any of the zillion other discussions, you might be afforded more respect. We could treat you like a 2-dimensional character.? Given your passive-aggressive comments, you must be one of the prefects I have been told about. Interesting use of the adjective ?we?
  18. I do not find joy in being rude to people on forums
  19. It is not complex at all, people think they have self-determination, I do not exclude myself from this group, however the realty is that power makes change, if you do not have access to power (like most of us) then we are effected by change, but not able to effect change.
  20. ?Is it possible to have an election now, so we can vote these prats out of our lives.? ?Election? sorry but this is no longer a democracy - it is a cleptocracy / Kleptocracy, their replacements are already being prepped. So vote for who you like the outcome will be the same.
  21. 'I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered.' Thomas Jefferson, 1802.
  22. The repairs after the UK uprising will more than lightly reach into the millions. And this is wrong. The time-bomb created by banking sector and fund managers is over 700 trillion dollars in derivatives, these derivatives have yet to be marked to market, I am sorry to say that when this happens the UK uprising will appear small in comparison. Just incase anyone wants to know what 1 trillion looks like in time A trillion seconds is 31,688 years.
  23. First I would like to say I disagree with the UK upraising methodology. Given the UK has a corrupt financial system a corrupt political system and a corrupt legal system ? what did people think was going to happen. Even poorly educated people can see politicians and bankers steeling and getting way with it. What example is that. Before people go baying for blood please take a look back at history namely Germany Enabling Act of 1933
  24. U.S. about to start QE-3, this will make the china very unhappy as they officially hold between 3 & 5 trillion dollars of U.S. Bonds (IOU?s) which will be devalued by this action. Why was VP Joe Biden in china last week?? Might it be he was begging china not to sell the dollar!! Any one interested in this, I would recommend you look into the work of Nicole Foss.
  25. Collapse of the U. S. A. 2012 ? 2014 US debt at present stands at 14.5 trillion dollars, this debt does not include U.S. unfunded liabilities like the US wars around the world ? Medicare ? banking bailout ? Fannie Mae and Freddie Mac mortgage bailout. If we add all the above liabilities up the US debt would be above 100 trillion dollars. The planet hit peak oil in 2008 - oil production will now start its sharp decline. (Non standard bell curve) If the US invades Iran and captures their oil fields, this still will not produce enough revenue to clear its debts. This course of action would also antagonize and provoke military action from Russia and China. If the whole working population of the USA were taxed at 100% the USA would still not be able to pay its debts US Treasury department?s Timothy Geithner will declares Force Majeure on US Debt (repudiation of all U.S. debt) The U.S. 6900 protocol series will be enacted Rex ? 84 will be enacted Suspend the United States Constitution, declare martial law, place military commanders in charge of state and local governments. The countries most affected by this will be the UK, China and Germany. The UK holds trillions of US bonds and treasury notes, plus trillions in fiat U.S. dollars. All U.S. bonds ? treasury notes and dollar bills will become worthless over night. The UK sold off most of its gold reserves in 1999-2002. The UK has no fallback position. Once the US dollar looses its reserve currency status, the IMF, World Bank and bank of international settlement will try to establish a default reserve unit, this will be the SDR (Special Drawing Rights). The SDR will not be accepted by Russia or China. The IMF (International Monetary Fund) and World Bank are insolvent. End result of the above People will no longer be able to remove cash funds from their bank accounts and all ATM machines will be switched off. All credit and debit cards will no longer function ? Do not dispose of your credit or debit cards, central governments will use these to setup a rationing system for emergency food and water distribution. Telecommunication systems will be limited to emergency calls only this will include mobile and land-line. Internet systems will be re-routed to emergency holding pages only, Email servers will be turned off. Television programming will be centrally controlled. Stock markets will go into free-fall then trading will be suspended, but off market trading will decimate stocks. Hard assets will deflate by 90% this means a house at present costing $500,000.00 will drop to $50,000.00 this drop could be greater if mortgage defaults and delinquency are higher than predicted. Commodity prices will increase 200% per-day. Commodities like bread, meat and canned goods could increase 400 to 500 percent per-day. Mains water supply will first drop in pressure before it stops completely. Petrol and diesel will first be rationed and then very quickly disappear off the open market, any black market supplies will be completely unaffordable. Rolling blackouts will be common place and gas supplies will be interrupted and intermittent before energy imports completely dry up, most western nations have approximately 60 days of coal reserves. Unfortunately most generating stations have been designed to burn gas not coal. Large scale looting and civic disorder will ensue. Social unrest will very quickly usher in martial law. (troops on the streets and curfews imposed) Further false flag attacks will be instigated to render populations more susceptible to control. The world has reached the Minsky Moment For reference Hyman P Minsky
Home
Events
Sign In

Sign In



Or sign in with one of these services

Search
×
    Search In
×
×
  • Create New...