Greece
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- teh0
Global capitalism crisis:
If America stops buying capitalism stops.
American unemployment - record high
housing market crash - homes not being bought
Americans are not buying = global capitalist crash
- 20020
Today:
- Housing starts and industrial production exceeded forecasts in April, pointing to strength in the U.S. economy at the start of the second quarter.
- best two-month job growth in more than 30 years.
- Industrial production in the U.S. climbed more than forecast in April, propelled by gains in auto manufacturing and utility use.
- A buyers market for sure.
what sector for job growth?
any electric / mag-lev autos?teh
- A buyers market for sure.
- 20020
"global capitalist crash = America bombs other countries (?)"
Thats been going on since .. forever.
- teh0
Go to this website download the excel sheet showing GDP you'll notice during war times(1940s) GDP goes up into double digits.
http://www.bea.gov/national/inde…
IRAN here we come!
- 20020
- 1974 gas crisis.teh
- http://en.wikipedia.…2002
- yup and http://en.wikipedia.…teh
- U.S. becomes Israel's bitchteh
- and http://en.wikipedia.…teh
- do you have a link to this chart?
teh
- teh0
housing crisis = 2008-2009 look at the GDP went into the negative.
- maikel0
1 - shorting everything
2 - waiting the world to crash
3 - PROFIT!
- clearThoughts0
Surely somebody is making money out of this.
- 'Somebodies' are just collecting back in all the money we thought we owned, but never did. It was just an illusion to...mikotondria3
- ..make us create yet more wealth, which is now being hoarded. No money has been lost or destroyed, just moved...mikotondria3
- yeah @mik money can not be lost just transferred to the original 1%74LEO
- clearThoughts0
Hard to believe the whole "West", which still is somehow sort of running the world still believes this shit.
Who gives a fuck about these bankers?? Forget the fucking debt and move on.
Money in the bank means nothing! Numbers on a computer screen.
Go do something with your life fucking pigs.Create something. Love somebody. Plant some vegetables and see them grow. Create a new Tumblr page!
- your "solution" ignores the thieves & necessary regulation to prevent its repetitionalbums
- It's not a solution. But this stuff really infuriates me. Because they ruin everybody's life with their greedclearThoughts
- "Create a new Tumblr page!" hahaiGin
- occupy something74LEO
- clearThoughts0
Oddly enough I just had a new client call yesterday. They want to shift the services they provide from catering to the "Finance" sector to concentrating in Luxury and Fashion on the BRIC countries.
Guess what? Because that's what the economist and all the reports say is where the money is.
Fucking lame.
- You're the media's creation, yeah your free will has been taken and you don't knowalbums
- maikel0
Greece is gonna fall (or so it looks) and pretty much all the markets are going to feel it... and the ones in power will benefit whatever outcomes is.
The least I can do is my best to profit from this, as every crisis generates opportunities.
- ernexbcn0
If any country leaves the euro that would mean releasing new bills all through Europe, to make those in the country leaving the euro invalid. So people thinking that putting their money under the mattress is a good option, I think not. The moment the 1st country drops out of the euro they will close borders and prevent those euros leaving, until they release new currency.
If you had money in the bank they can re-use the current euro bills remarked to indicate the new value of the new currency established in that country.
- 74LEO0
can anyone tell me what the basis is for the value of the Euro. Im a westerner.
- 20020
What I dont get is, if you dont have the money, government dont have the money, why do the people want protest and saying that they want government to spend without raising taxes?
Idiotic notion.
- 20020
Value of Euro is determined by many different factors.
Few underlying factors
- based on foreign exchange with other currencies
- debt load individualized by different countries as a collective
- trade import / export payment made in conversion of the trading country (tied to foreign exchange - countries need to buy currency X to buy goods from that country X)- fuck me im confused. i need to create a thread so everyone here can explain the euro to me74LEO
- 74LEO0
Ok so supposedly the American dollar is backed by the amount of precious metals it has. Who and what backs the Euro? Is it just a reflection of the current economic structure of all of Europe or each individual country?
Z Germans?
- forget that 'backed by amount of gold'...it's all FIAT money nowadays.http://en.w...uan
- http://en.wikipedia.…uan
- < backed by the eurozone's ability to tax its citizens, just like all money (gold or otherwise)
monNom