I see why Trump.

[sawfly1]

do you really believe trump is any different?
and why would he be ?
Hillary , Obama bush Harper all got their marching orders from wall street.
all the globalisation, total lack of regulation in the banking sector.
look at Hillary's speeches to the banks.
write your own rules. basically what she said

no matter which party is in power it is the same boss.
the electorate every 4 years gets , the chance to pretend they have a say.

trump is just more of the same.
with bad hair.

[farmaholic]

....so what happens? War. War. War. If countries can't even service their debt... And then people talk about stuff that is beyond my comprehension,,,, like the stuff that happened in the movie the "Big Short". Sounds like the whole thing is a ****ing shell game. My "simple" opinion from a "simple" mind of a "simple" person.... would it be incorrect to say everything started to go wrong when they "privatized the banking system"... almost unregulated and not monitored. Or in essence made banking more of a private business than a service to the people they were supposed to serve?

[macdon02]

[cottonpicken]

Farm,you are not simple,nobody here is,everybody here can do a million times better at me at different things,I've watched so many people do things and think how the **** do you do that.

But when it comes to this shit,i'll take my gloves off,and i've been doing it here for many years over a decade...HERE.

The movie the big short-me on here in september 04.

A bond is someone else's collateral,the system relies on this shit.

Am i the only one that relizes 0% interest rate policy is meant to stabilize/stagnate the bond bubble and kick in some global qe to unstarilize the worlds sovereign(mostly) and some corporate debt?

Anyone here know total global market credit debt-stock market-base money supply.

When the canadian government bailed out the auto sector-what the **** comes to your mined-it is the ****in bond market they where bailing out.

Your crop insurance?-is the ****IN bond market protection

Look at the god damn banks market capitalization and leverage and tier one reservers -now just apply simple math

The government HAS!!!!!! to pump money into the economy!!!!!THEY HAVE to do it-deficits are not an accident-well sort of-

Somebody go back and prove me wrong,pre tredummy the interest cost payments on national debt where about equal to national deficits,go ahead prove me wrong i will never post again here.

Ok so a government issues a 100 dollars of debt and someone/pension fund /bank/hedge fund/rrsp/ect/ect buys it at the yield,simple right?

So say this money goes to a government employee/contractor whatever,that money then gets put into a bank,then it gets leveraged up about 10-1,i don't want to lose anyone with bassel treaty shit this is ballpark-so anyone who took the cash contractor ,granny sold her home,whatever,the money goes back to the bank,the deposit gets leveraged again and again and again

[farmaholic]

So...besides the almost unlimited leveraging ability bestowed upon private and mainstream publicly traded banks....do you think unfettered capitalism was the environment these institutions should have been allowed to operate in? Wasn't anyone watching? Or is that the "crony politics" that allowed it to go on? It is probably the fact that the experiment got too big, out of control, and it took over from those who allowed the experiment to happen in the first place. Sounds a lot like Pandora's Box! They say the only thing left in the box by the time she got it closed was "hope".

[biglentil]

Ever since the abolishment of the Bretton Woods system(gold standard) in 1971 every dollar issued is a dollar of debt with interest owing. Its an impossibity that this debt can ever be paid back since more debt(dollars) must be issued to service the interest on existing debt. The sickest part is that its a private institution that prints the money out of thin air then receive interest on it.


Mayer Rothschild
"Permit me to issue and control the money of a nation, and I care not who makes its laws!"

Some say the Rothschild family is worth 350 Billion, others say 500 trillion. You wont find them on the Forbes list.

[fjlip]

How did the French Revolution get going? Need that badly for a restart of the system.....all the rich powerful got slaughtered!

[may-be]

I forget this important persons name but 300 years ago he said... Throughout history every democratic society turned communist, because the politicians made promises for votes.

[farmaholic]

Because I don't know, I have to ask.....who is the the guy with his arm around Chilary in the above picture?

[hobbyfrmr]

So...besides the almost unlimited leveraging ability bestowed upon private and mainstream publicly traded banks....do you think unfettered capitalism was the environment these institutions should have been allowed to operate in? Wasn't anyone watching? Or is that the "crony politics" that allowed it to go on? It is probably the fact that the experiment got too big, out of control, and it took over from those who allowed the experiment to happen in the first place. Sounds a lot like Pandora's Box! They say the only thing left in the box by the time she got it closed was "hope".

This is basically how I see it as well. The problem stems from leveraging, easy credit and brilliant advertising. Not enough people did anything with the leveraged money they borrowed to provide a service or tangible good to create value . They borrowed the money to buy useless depreciating things and stuff. The banks profited handsomely on interest, fees, and default penalties.
My conventional farmer neighbor at the lake says we are selling our children short. We have financed their future on useless stuff like the best brand name clothes, recreational toys and vehicles at 16 so they can have the upmost comfort. Then we start talking about how we used our after school job money. We poured that money into shitty $800.00 half tons trying to dress them up so we could look cool! Society is not interested in providing/ earning value they have been trained to be stimulated with acquiring things and stuff to be amused and gain self esteem.