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Fei Shinto
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Posted - 2008.12.23 20:27:00 -
[1]
How do you see the current and future impact of the state of Global economics and its possible effect on the people who have prospered from a broken system.
More of the same?
Restructuring of markets?
Removal of the USD as the reserve currency of the World?
Global or Local Depressions?
Rioting?
Thoughts anyone?
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Atnal
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Posted - 2008.12.23 20:32:00 -
[2]
 Quote:
Removal of the USD as the reserve currency of the World?
If that happened the US economy would really tank. I think in my lifetime it'll move on to something else.
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Arianhod
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Posted - 2008.12.23 20:39:00 -
[3]
Originally by: Fei Shinto
More of the same?
I doubt it over here.
Originally by: Fei Shinto
Restructuring of markets?
You can bet on that I think.
Originally by: Fei Shinto
Removal of the USD as the reserve currency of the World?
Already under way, give it another 10 years and the Euro will have surpased the Dollar. The Dollar is definitely on the decline and the Euro is going strength to strength. There is also the not small issue of Arab countries starting to like the idea of the Euro over the Dollar as the currency of Oil.
Originally by: Fei Shinto
Global or Local Depressions?
I direct you to the window sir, it's already under way.
Originally by: Fei Shinto
Rioting?
Greece.
Haruhiists - Overloading Out of Pod discussions since 2007.
Haruhiists - Supporting Linkification since 2008
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Polkageist
Minmatar
No Limit Productions
OWN Alliance
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Posted - 2008.12.23 21:18:00 -
[4]
The goal is a one world economy i guess, probably rfid-chipped population, as centralized power as possible. The game is global i think we have to admit.
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Polkageist
Minmatar
No Limit Productions
OWN Alliance
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Posted - 2008.12.23 21:28:00 -
[5]
Maybe this video about the federal reservr can help
The Creature From Jekyll Island
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AmosTrask
Minmatar
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Posted - 2008.12.23 22:09:00 -
[6]
You read it here first...next on the agenda is a human cull,That will more than likely be done in the form of a large scale war.
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Resetgun
Caldari
Deep Core Mining Inc.
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Posted - 2008.12.23 22:52:00 -
[7]
Originally by: Fei Shinto
More of the same?
In stock market worst drop is over - but there are going to be very slow growth and maybe occasional drops - thought I bet that investors will run to invest stocks around january-february. Also stock investors might find out that real economy is not going to recover from this instantly. In real economy - storm is just getting speed. I would say that next year around summer worst is over (except from those who don't have job or house anymore...).
Originally by: Fei Shinto
Restructuring of markets?
No chance. Same debt market economy is going to continue. Politicians did lose their chance to reform system when they bailouted banks.
Originally by: Fei Shinto
Removal of the USD as the reserve currency of the World?
Unlikely. There is simple too much dollars around world. Also dollar is backed up by US military and intelligence power - you don't want our dollars? Fine! Take this cruise missile you evil terrorist! ... of course US doesn't have anymore monopoly in industry power...
US is going to cover their public debt and bailouts by printing more dollars. This is going to cause huge global inflation. (EU must also lower our currency value, if EU can't compete anymore global markets because of strong currency.)
Originally by: Fei Shinto
Global or Local Depressions?
Global depression. Worst effects are going to be in US, UK and maybe smaller western countries that have smaller currency / economy (Iceland, Baltic countries, etc.).
Originally by: Fei Shinto
Rioting?
Maybe in China. It is rumored that many factory owners are going to close down their factories during Chinese Newyear festival (January 26). That might cause some rioting - but of course - you will never heard from those. Also China needs about 9% growth every year to keep things running and people happy.
Originally by: Fei Shinto
Thoughts anyone?
I am not worried from this global crash. I am worried from next one.
Why? Same debt run economical system is going to continue, western powers are going to be much more weaken position (public debt and much more higher social/medical cost by aging populations) and also planets environment is going to be much more worse condition than currently (who cares if banks crash - when people are starving).
"As long as there are greedy people and the devs do nothing, it will work."
- Dentara Rast, billionaire |
Madius
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Posted - 2008.12.23 23:09:00 -
[8]
Maybe people will learn from this that unrestricted, mindless capitalism isn't necessarily a good thing.
Then again, probably not.
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Arianhod
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Posted - 2008.12.23 23:13:00 -
[9]
Originally by: Madius
Maybe people will learn from this that unrestricted, mindless capitalism isn't necessarily a good thing.
Then again, probably not.
Dual system of Capitalism and Socialism is needed in an acceptable equilibrium.
Communism collapsed, Pure Capitalism at least has fallen on to a hybrid and not collapsed...
...yet..
Haruhiists - Overloading Out of Pod discussions since 2007.
Haruhiists - Supporting Linkification since 2008
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Wendat Huron
Stellar Solutions
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Posted - 2008.12.24 02:47:00 -
[10]
Originally by: Polkageist
The goal is a one world economy i guess, probably rfid-chipped population, as centralized power as possible. The game is global i think we have to admit.
Tribal war will be as much an econimical tool as interest rates.
Delenda est achura. |
mamolian
Cruoris Seraphim
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Posted - 2008.12.24 19:05:00 -
[11]
Originally by: Atnal
Quote:
Removal of the USD as the reserve currency of the World?
If that happened the US economy would really tank. I think in my lifetime it'll move on to something else.
Its already begun.
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Arianhod
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Posted - 2008.12.24 19:10:00 -
[12]
Edited by: Arianhod on 24/12/2008 19:11:35
Originally by: mamolian
Originally by: Atnal
Quote:
Removal of the USD as the reserve currency of the World?
If that happened the US economy would really tank. I think in my lifetime it'll move on to something else.
Its already begun.
Yes, has been going on for a few years now. The USA helps fund it's trade deficit by being the main reserve currency forcing foreign banks to keep large amounts of dollars sitting there just to keep their currency stable and avoid speculation like Iceland. Recently A Challenger Economic Hedgemon has arrived, the EU. Given the EU isn't dependant on USD it is for the most part largely independent, so as third party nations get more Euros this reduces their demand for dollars to greatly.
What Dollars the EU does get it changes back into Euros from the USA, the current economic model the USA has is unsustainable and at the moment paying off debts may not be a bad idea....
Haruhiists - Overloading Out of Pod discussions since 2007.
Haruhiists - Supporting Linkification since 2008
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Izzy Lizzy
Gallente
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Posted - 2008.12.25 02:56:00 -
[13]
Originally by: Madius
Maybe people will learn from this that unrestricted, mindless capitalism isn't necessarily a good thing.
Then again, probably not.
To blame the financial crisis on "unrestricted" capitalism is to drastically misread the record.
Originally by: Arianhod
Pure Capitalism at least has fallen on to a hybrid and not collapsed...
Unless you are older than 95 years you have never experienced anything near like pure capitalism. 
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Ivana Drake
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Posted - 2008.12.25 03:06:00 -
[14]
'Global Financial Crisis' is misleading. When it comes to money, one persons loss is ultimately going to be another's gain.
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Atomos Darksun
Damage Incorporated.
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Posted - 2008.12.25 04:17:00 -
[15]
Edited by: Atomos Darksun on 25/12/2008 04:23:12
Originally by: AmosTrask
You read it here first...next on the agenda is a human cull,That will more than likely be done in the form of a large scale war.
Nuclear-arms use will most likely be authorized, as well.
The population growth needs to be slowed down drastically, end of discussion (at least in the chav/stupid demographic, intelligent people can reproduce all they want as long as population remains constant). I don't care about emissions, but it's going to slow down at one point. Either by choice or by starvation and drought.
Oh, or WW3.
Edit: And after reading t hat article, the scientist who advocated the use of Ebola gas should be the first one thrown in a chamber for it. See how he feels about it then.
Originally by: Amoxin
My vent is talking to me in a devil voice...
CONVERT TO LINKIFICATION!
http://myeve.eve-online.com/ingameb |
Derovius Vaden
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Posted - 2008.12.25 06:55:00 -
[16]
Originally by: Atnal
Quote:
Removal of the USD as the reserve currency of the World?
If that happened the US economy would really tank. I think in my lifetime it'll move on to something else.
I'm hoping that the Euro steps up, seeing as its the closest thing to a multi-national currency. This is however probably not going to happen. Who knows, maybe gold will make a comeback.
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Shameless Avenger
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Posted - 2008.12.25 08:26:00 -
[17]
The future? is gonna be a major screw up. You just have to observe your children for a minute to realize how bad is gonna get...  |
Roymundo
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Posted - 2008.12.25 09:24:00 -
[18]
it'll all go to hell for the next 2 years then get better after that. new tv's and bigger cars.
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Aricaan
Gallente
Playboy Enterprises
Dark Taboo
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Posted - 2008.12.25 10:39:00 -
[19]
I liked how in Quantum of Solace the bad guys where trading in Euros and not in USD. Made me a little sad inside.
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ceaon
Gallente
Porandor
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Posted - 2008.12.25 10:54:00 -
[20]
imo the future will be some kind of police states that serve fascist corporations
(nerf caldari)
blah |
Arianhod
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Posted - 2008.12.25 11:47:00 -
[21]
Originally by: Derovius Vaden
Originally by: Atnal
Quote:
Removal of the USD as the reserve currency of the World?
If that happened the US economy would really tank. I think in my lifetime it'll move on to something else.
I'm hoping that the Euro steps up, seeing as its the closest thing to a multi-national currency. This is however probably not going to happen. Who knows, maybe gold will make a comeback.
I doubt it will be a multi national currency for long. Here's hoping it will be the currency of the EU, a single entity.... well I suppose it would technically be an Empire as there are many nations under a single banner, but you get the idea 
Haruhiists - Overloading Out of Pod discussions since 2007.
Haruhiists - Supporting Linkification since 2008
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Glarion Garnier
Federal Defence Union
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Posted - 2008.12.25 19:18:00 -
[22]
Originally by: Fei Shinto
How do you see the current and future impact of the state of Global economics and its possible effect on the people who have prospered from a broken system.
What broken system.. it's all going according to plan. JFK tried to stop the plan and we all know what happened to him. Look up Executive Order 11110.
_________________________________
-be vary of the men behind the curtain-
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David Kang
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Posted - 2008.12.25 19:51:00 -
[23]
Originally by: Arianhod
Originally by: Derovius Vaden
Originally by: Atnal
Quote:
Removal of the USD as the reserve currency of the World?
If that happened the US economy would really tank. I think in my lifetime it'll move on to something else.
I'm hoping that the Euro steps up, seeing as its the closest thing to a multi-national currency. This is however probably not going to happen. Who knows, maybe gold will make a comeback.
I doubt it will be a multi national currency for long. Here's hoping it will be the currency of the EU, a single entity.... well I suppose it would technically be an Empire as there are many nations under a single banner, but you get the idea
But then what empire are you creating?
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Atama Cardel
Perkone
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Posted - 2008.12.25 20:28:00 -
[24]
yeah uh, everyone acts like this particular financial crisis is different from any other one in previous years, it really isn't. The economy will come back up within the next year or so and everything will be the same or similar.
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David Kang
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Posted - 2008.12.25 20:30:00 -
[25]
Originally by: Atama Cardel
yeah uh, everyone acts like this particular financial crisis is different from any other one in previous years, it really isn't. The economy will come back up within the next year or so and everything will be the same or similar.
your right it isn't BUT it has been getting more frequent and this one has been the worse in a long time, and to be fair the western world is going down hill so this is going to get worse.
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Arianhod
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Posted - 2008.12.25 20:43:00 -
[26]
Originally by: David Kang
But then what empire are you creating?
My Own.
Haruhiists - Overloading Out of Pod discussions since 2007.
Haruhiists - Supporting Linkification since 2008
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Glarion Garnier
Federal Defence Union
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Posted - 2008.12.25 20:46:00 -
[27]
Edited by: Glarion Garnier on 25/12/2008 20:46:47
These things dont happen by accident.
the banker (illuminatzi) empire awaits.. it should be ready by year 2012 (another year of solar maximum)
NWO was anounced on live television 11.09.1990 and again at 11.09.1991 and we know the third part. All years 1990, 2001, and 2012 are solar activity peaks.
Prove me wrong
_________________________________
-be vary of the men behind the curtain-
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David Kang
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Posted - 2008.12.25 20:58:00 -
[28]
Originally by: Arianhod
Edited by: Arianhod on 25/12/2008 20:50:59
Originally by: David Kang
But then what empire are you creating?
My Own.
To the whole world, I am Emperor of Earth, Kirjava of Lothian.
The UNSC has kneeled before me, Vanguard and Trident are both under my control.
NATO forces do not possess the power to fight against me anymore.
However, if they insist on rebelling, I shall let you know the power of Trident.
There are no longer any obstacles to my Hedgemony...
Today, as of this moment, the world is in my hands.
Kirjava of Lothian commands you,
Obey me World!
[Kudos to whoever gets this]
I heard the clip but don't know the anime 
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Arianhod
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Posted - 2008.12.25 21:07:00 -
[29]
http://uk.youtube.com/watch?v=yOP0ykpYjA4&feature=channel_page
ALLL HAILLL LELOUCHH!! o/
Haruhiists - Overloading Out of Pod discussions since 2007.
Haruhiists - Supporting Linkification since 2008
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Atama Cardel
Perkone
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Posted - 2008.12.25 21:47:00 -
[30]
Originally by: David Kang
Originally by: Atama Cardel
yeah uh, everyone acts like this particular financial crisis is different from any other one in previous years, it really isn't. The economy will come back up within the next year or so and everything will be the same or similar.
your right it isn't BUT it has been getting more frequent and this one has been the worse in a long time, and to be fair the western world is going down hill so this is going to get worse.
Good point, this crisis is extremely similar to the panic of 1837 in the US, banks going under and over speculation in real estate, and we came out just fine from that one, though that didn't effect the whole world like it is now, as far I know.
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