getting filthy rich?Originally Posted by SYMBIANT
getting filthy rich?
^ Dude, you're posts are embarassing, and not only are you full of shit, but granted even if half your claims about anything are true, you're also a hypocrite
how do you figure?
Wrong thread my bad
Lies....
sorry if repost:
http://www.youtube.com/watch?v=x8SMj...e_gdata_player
it's about 'black boxes', high frequency trading, etc
[the intro and narration is in German but the interviews are all in English]
big banks told to prepare for collapse worse then 2008.
Are The Government And The Big Banks Quietly Preparing For An Imminent Financial Collapse?
U.S. regulators directed five of the country's biggest banks, including Bank of America Corp and Goldman Sachs Group Inc, to develop plans for staving off collapse if they faced serious problems, emphasizing that the banks could not count on government help.Does it seem odd to anyone else that only five really big banks got such a warning?
The two-year-old program, which has been largely secret until now, is in addition to the "living wills" the banks crafted to help regulators dismantle them if they actually do fail. It shows how hard regulators are working to ensure that banks have plans for worst-case scenarios and can act rationally in times of distress.
And why keep it secret from the American public?
Does the federal government actually expect such a collapse to happen?
If federal officials do expect a financial collapse to occur, they would not be the only ones. An increasing number of very respected economists are speaking about the coming financial collapse as if there is a certain inevitability about it.
For example, check out the following quote from a recent Money Morning article....Richard Duncan, formerly of the World Bank and chief economist at Blackhorse Asset Mgmt., says America's $16 trillion federal debt has escalated into a "death spiral," as he told CNBC.A former World Bank executive is warning that our civilization might not survive what is coming?
And it could result in a depression so severe that he doesn't "think our civilization could survive it."
That is pretty chilling.
Economist Nouriel Roubini says that he believes that the coming crisis will be even worse than 2008....
You are aware that all you are doing is promoting a culture of helplessness and victimization.
Right?
I don't even think you are motivating yourself to make a change, the "thrill" comes from reinforcing that you live in a world you can't control.
There is no change. There is only the status quo, and zule.
resistance is futile
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