I see an economic diasater coming...

[triffid]

The Libor rate fixing scandal, and the recent revelation that HSBC the biggest drug money laundering bank accounts for 60% of drugs coming into America are definitive indictments of the London-based financial system we must shut down with Glass-Steagall.If I were to deal in drugs in the slightest manner the local police would be interested in me!So wheres the sheriff of wall-street?triffid

[triffid]

According to Mr.LaRouche,Obamas plan to invade Syria and Iran after what he did in Libya nearly brought us to nuclear war with Russia.Again which no one else in the USA media but LaRouche is talking about.Talk about the American people being kept in the dark!None of us know whats going on even if we read our own news!One day I'm expecting the TV set to say go take shelter!We'll explain later!  triffid

[WilbyInebriated]

According to Mr.LaRouche...

the world was going to end a couple weekends ago...

[triffid]

Yes It pretty much did end a couple of weeks ago.At least more people are seeing the cliffs edge.The old system has to go.Or we have a terrible future.Hyperinflation is on its way.I'm worried all the time about SS(social security).








I found a another website  http://www.theoildrum.com/node/4378
Just need to park it here.You think we have disagreements?Check out their posts!

[triffid]

For Instance!:


Any solution that only lets the rich have cars is still flawed
Yes. Because if 'the poor' ever opt to eat 'the rich' - today man has rifles that can tag someone from a mile away.
'the rich' can't be 'safe' from someone with a gun and a grudge. Back before guns, a walled community and some space got you safety.


RobinPC[/font] on August 7, 2008 - 3:53pm Permalink | Subthread | Parent | Parent subthread | Comments top
This rich-poor question is very OT from the water-splitting headline here, but deserves some attention. Obviously at the moment the zillionaires are the least threatened by the rising prices and rising defaults.
But when the growth/oil-based economic system collapses and life becomes much more localised and diy-ized, then certain people who thrived in this decadent authoritarian society will find they have no place in a down-to-earth practical society.
Most rich people have made their money via opportunities presented by large markets enabled by cheap oil. Or they have great power due merely to qualifications which are of negligible value in practical situations, such as judges, politicians, and media "celebrities" of sports and entertainment (I hesitate to abuse the word 'art'!).
Come the inevitable "revolution", and collapse of existing power/credibility structures, such people are going to find themselves exposed as the least valuable to fellow-humans, in stark contrast to those who have expertise in key practical skills.
Given this stark reality we would expect that the people most subject to denial will be these rich and powerful people who are so babyishly dependent on others to turn screws the correct direction, harvest the food at the right date, and so on.
Consequently they will fail to prepare and will be all the more shocked at what happens. To crib various verses of the Qur'an, "Theirs will be a terrible fate".