CRISIS Total Financial Bust.....then WWIII..in that order

http://www.bi-me.com/main.php?id=42214&t=1&c=35&cg=4&mset=1011


Marc Faber, the Swiss fund manager and Gloom Boom & Doom editor, said eventually there will be a big bust and then the whole credit expansion will come to an end. Before that happens, governments will continue printing money which in time will lead to a very high inflation rate, and the economy will not respond to continued stimulus.

Speaking at a conference in Singapore on Wednesday, Faber said: “The crisis has not solved anything. On the contrary there is less transparency today than there was before. The government’s balance sheet is expanding, and the abuses that have led to the one cause of the crisis have continued”.

“I think eventually there will be a big bust and then the whole credit expansion will come to an end,” Faber added.

“Before that happens, governments will continue printing money which in time will lead to a very high inflation rate, and the economy will not respond to stimulus”.

In one of his Gloomiest predictions, Faber, referred to as Dr Doom, said “the average family will be hurt by that, and then in order to distract the attention of the people, the governments will go to war”.

“People ask me against whom? Well, they will invent an enemy,” Faber said.

doctor_fungcool said:

“The crisis has not solved anything....

...In one of his Gloomiest predictions, Faber, referred to as Dr Doom, said “the average family will be hurt by that, and then in order to distract the attention of the people, the governments will go to war”.

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The crisis has not solved anything because it's a crisis!!!

...the governments will go to war. Arn't we already at war?

I'd like to see more positive news rather than doom and gloom.

Why? Cuz this is what happened during WWII. Don't these people have any original ideas? It is not 1929, but 2009.

The 1930's world was not concerned with imaginary climate change, overpopulation or resource wars like they are today. Read the news.

Here is a more realistic hypothesis which fits more in line with radical thinking in the 21st century.

All of this is setting the stage for a radical shrinkage of the world's population through any means neccessary. Including pandemics, mandatory birth control, infanticide, genocide and eventually, nuclear extermination of large population centers. A smaller population of the correct and genetically desired culled herds can be more effectively managed while preserving an environment which our masters wil enjoy.

They are three quarters of the way there. This financial crisis will just grease the wheels to go faster.

I'd like to see more positive news rather than doom and gloom.

Click to expand...

Don't fool yourself - ALL of us would like to see more positive news. The thing is, when the future has been sold off already, there can be no positive news, only negative consequences. "Man saves dog's life" type positive news is the only thing left, and it is not really that, but only a feel-good distraction. It's only a time to try to clarify the tragedy unfolding so that some personal action can still be gelled in mind, and I appreciate all efforts to that end.

At that point we round up all those responsible and just hand them over to any government that wants them.

The only real bright spots are when fredkc shows up with some of his inimitable wit applied to the situation. I smile or chuckle in fleeting relief.

energy_wave said:

I'd like to see more positive news rather than doom and gloom.

Click to expand...

Um...are you on the wrong forum??

energy_wave said:

The crisis has not solved anything because it's a crisis!!!

...the governments will go to war. Arn't we already at war?

I'd like to see more positive news rather than doom and gloom.

Click to expand...

Just so you know this, I'm a doomer....I've been a doomer for years and years....even before Doomer Doug posted at timebomb in 1998..... I was a doomer. Over the years, I've used my doomer philosophy as an investment tool, and have found that the philosophy I've adhered to has been a very wise choice.

If you wish to hear good news, then turn on the T.V....oh, I forgot...no good news there either.

I guess it's time to join the ranks, energy_wave...Unleash within yourself YOUR INNER DOOMER.....Savor the rush, the exhilaration, and the emotional high of prepping up... Once you've master the ZEN of DOOMERISM you'll be enjoying THE TOTAL and ULTIMATE DOOMER EXPERIENCE.

Sorry for the drift here. But if you want doom, just read the Wikipedia entry on the Rape of Nanjing. I was close to vomiting by the time I had finished reading that entry. Just horrible. That is the sort of war scenario that worries me. Absolute, out and out, overwhelming brutality that destroys your family. I don't mean half of your family is wiped out. I mean all, including the relatives. There would really be no point in living after finding your wife raped to death with a spear through her from the bottom or all of your kids raped and their heads cut off and spears through their chests and your husband burned to death. I just can't wrap my head around coping with that type of scenario, and I believe that I am not a naive person.

So, back to the thread. What is coming if we truly reach the global levels of desperation that appear to be quickly headed our way? There are so many available catalysts for a world war on the table. Just pick one...or two...or ten. Add a restless China that has been screwed and with a half billion young men with no prospects of ever getting a bride and having a family, and we are in a world of hurt. I have no doubt that a war is coming.

May or may not be war.

Could be bioweapon.

Faked Alien invasion or disclosure.

etc.

BlueNewton said:

Um...are you on the wrong forum??

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well, in the middle east right nowseems ther is the makings of ww3.
the money is funny all over the world, and people are hurting, this is always the thing that starts wars, world wars, in fact, unless you have a dictator, that goes bonkers, and starts taking over the world.

BlueNewton said:

But if you want doom, just read the Wikipedia entry on the Rape of Nanjing. I was close to vomiting by the time I had finished reading that entry.

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BlueNewton,

I just re-read The Rape of Nanking recently. The images from that book have never truly left my mind, not since reading it many years ago. Iris Chang was a brilliant woman. She suffered greatly doing all that horrible research, and it may have led to her suicide.

There was just a documentary made of it, where Hollywood actors simply read through the diaries of Rabe and the others who tried to save the Chinese. It was well done.

BlueNewton said:

Sorry for the drift here. But if you want doom, just read the Wikipedia entry on the Rape of Nanjing..

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What the heck do you think will happen here if WE let it happen?

dunebuggy said:

BlueNewton,

I just re-read The Rape of Nanking recently. The images from that book have never truly left my mind, not since reading it many years ago. Iris Chang was a brilliant woman. She suffered greatly doing all that horrible research, and it may have led to her suicide.

There was just a documentary made of it, where Hollywood actors simply read through the diaries of Rabe and the others who tried to save the Chinese. It was well done.

Click to expand...

I recently watched that. On the bright side, 'we' are better armed than the unfortunate citizens of Nanking.

Mr. Dot said:

I recently watched that. On the bright side, 'we' are better armed than the unfortunate citizens of Nanking.

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Yes, that's true. One good thing for us. We are going to have some horribly desperate and angry people around the world very soon. How we could NOT have a war, I can't see. Getting completely mentally prepared for exactly what that could entail is really tough. I think I had not truly understood the visciousness of which man is capable until I read about Nanjing. Without our weapons, we are sunk.

energy_wave said:

The crisis has not solved anything because it's a crisis!!!

...the governments will go to war. Arn't we already at war?

I'd like to see more positive news rather than doom and gloom.

Click to expand...

OT, but to help you out a little...BAMA pulled off a win and that saves me from a lot of gloom from DH.

Can't help you out on the economy, gov or the rest of the world.

"...eventually there will be a big bust and then the whole credit expansion will come to an end. Before that happens, governments will continue printing money which in time will lead to a very high inflation rate, and the economy will not respond to continued stimulus..."


The credit expansion has already slowed to a crawl if it's not already in actual decline.

Governments are already printing 'money' (actually 'currency') with dubious value and diminishing purchasing power.

Only a few whiffs of inflation - so far - but it's a comin'...

The economy is NOT responding as expected to continued government stimulus.

The team that's ruling from DeeCee get unprecedented low marks for their efforts to date - this should be well reflected in the Nov. 2010 elections.

Wars? Always easy to engage real and/or imagined enemies - fun way to keep the human herd controlled & managed, too.


Consider that the oil-soaked Dubai govt. has essentially defaulted on their 60-80 billion dollar debt. If they can't make their numbers & repay debt with nearly $80/bbl. oil, what does this portend?

I don't think the guy knows much. Kind of a very narrow outlook. "will go to war...against whom....will invent an enemy." He's a fool. I wouldn't waste time with him. He dosen't know islam has been at war with the world for 1400 years. We don't need to invent an enemy. And there's Russia behind islam.

When the majority of the population is desperate they will listen to any demagogue who offers them a way out. Think of the destruction of the German economy during the Weimar Republic; Hitler offered the German people a way out and they took it... and WW2 killed millions because of that.

Yes, a demagogue will appear who will be worshiped by the foolish, he will offer hope and change... wait a minute...

Actually the OP is right on the money. And not exactly a new idea.

Kondratieff made this idea popular in 1930's with the business cycle. Which ends with a world war. Thus far has been accurate...

Every gov that hyperinflates it's currency has collapsed thus far. The Weimar Republic, tsarist Russia, Yugoslavia, French republic in late 18th century.. the examples are abundant.

The economic policies of the US lead to a hyper-inflationary collapse, there is no other outcome possible.
The debt cannot be repaid even theoretically, so it will be repudiated with the printing press.



http://www.resourceinvestor.com/News/2005/8/Pages/The-Kondratieff-Winter-Is-Upon-Us.aspx

question

johnnymac said:

Why? Cuz this is what happened during WWII. Don't these people have any original ideas? It is not 1929, but 2009.

The 1930's world was not concerned with imaginary climate change, overpopulation or resource wars like they are today. Read the news.

Here is a more realistic hypothesis which fits more in line with radical thinking in the 21st century.

All of this is setting the stage for a radical shrinkage of the world's population through any means neccessary. Including pandemics, mandatory birth control, infanticide, genocide and eventually, nuclear extermination of large population centers. A smaller population of the correct and genetically desired culled herds can be more effectively managed while preserving an environment which our masters wil enjoy.

They are three quarters of the way there. This financial crisis will just grease the wheels to go faster.

Click to expand...

JM, if they really want to shrink the worlds population, us, then why don't they stop being such nannies? legalize drugs, stop dui laws, encourage smoking, quit screwing with food regulations specifying cholesterol and fat content, etc.... the list goes on.

just sayin...

It is there in black and white and it's been there for a long time.

........................................................................

http://www.tldm.org/tldmstore/TowardFinancialArmageddonR170.htm

...................................................................

http://www.threeworldwars.com/world-war-3/ww3.htm

A Three World War scenario was developed several decades ago (see Conspiratorial History). Two World Wars have already been achieved, and the Third and final World War envisions an attack on Iraq, Iran and/or Syria as being the trigger to set the entire Middle East into fiery conflagration. Once America is firmly entrenched into the Middle East with the majority of her first-line units, North Korea is to attack South Korea. Then, with America's forces stretched well beyond the limit, China is to invade Taiwan. This will usher in the start of World War Three.


http://www.tldm.org/search-site.htm...=Russian+Invasion+United+States&sa=Search#968


#
A planned Communist invasion of the United States and Canada from ...
20 Jan 2005 ... The final plans for the invasion of North America are now being made. ..... Russia and China Prepare for War -- Part 7: United States is ...
www.tldm.org/News3/Nicaragua.htm
#
Invasion - Directive #104 - apparitions of Our Lady of the Roses ...
"Yes, My child, all who read and listen to the Message must know that there is a plan now for Russia, a plan against the United States and Canada. ...
www.tldm.org/directives/d104.htm
#
Russia's Master Plan
Russia's Master Plan for the fall of the United States: .... backs and they are busy getting ready for a major invasion of the United States and Canada. ...
www.tldm.org/news/master_plan.htm
#
Bayside prophecy: "RUSSIA PLANS TO INVADE THE UNITED STATES WITH ...
On March 26, 1983 Our Lady warned, "Russia plans to invade the United States .... D104 - Invasion PDF Logo PDF D134 - U.S. Government Leaders PDF Logo ... Russia and China Prepare for War -- Part 7: United States is Unprepared for War ...
www.tldm.org/news2/missiles.htm
#
Soviet plan for WW3 nuclear attack, invasion of Germany unearthed
19 Jun 2009 ... The final draft of the invasion plan was completed under Soviet ..... Russian spying in the United States has reached the high-water mark of ...
www.tldm.org/News11/SovietPlanForWW3NuclearAttack.htm
#
Russian submarines stalked U.S. coasts
23 Oct 2009 ... #104 - Invasion. See also the complete Bayside Prophecies: March 26, 1983 - Russia plans to invade the United States with missiles (click ...
www.tldm.org/news/russiansubs.htm
#
Russian Akula-Class Attack Submarines Patrolling Off US East Coast...
Major invasion of U.S. and Canada . . . "Man was created to live ... This is the message: THAT RUSSIA PLANS TO INVADE THE UNITED STATES WITH MISSILES! ...
www.tldm.org/.../RussianAkula-ClassAttackSubmarinesPatrollingUSEastCoast.htm
#
22 armed Mexican militiamen cross over U.S. border
19 Jun 2009 ... I speak both of the United States and Canada, for when the great ... But the country knows of this coming invasion and is preparing for the battle. ... a plan now for Russia, a plan against the United States and Canada. ...
www.tldm.org/News6/incursion.htm
#
Landing points
19 Jun 2009 ... MAJOR INVASION "Man was created to live peacefully. ... then they turn their backs and they are busy getting ready for a major invasion of the United States and Canada. ... Russia plans to invade the U.S. with missiles ...
www.tldm.org/news3/landing_points.htm
#
Russia and China Striking the United States where it hurts. Parts ...
19 Jun 2009 ... D104 - Invasion PDF Logo PDF. Articles… Russian spying in the United States has reached the high-water mark of the Cold War ...
www.tldm.org/RussiaChinaAttackPlanForUS.htm

doctor_fungcool said:

Just so you know this, I'm a doomer....I've been a doomer for years and years....even before Doomer Doug posted at timebomb in 1998..... I was a doomer. Over the years, I've used my doomer philosophy as an investment tool, and have found that the philosophy I've adhered to has been a very wise choice.
.

Click to expand...

Thanks Doc, for sharing your doomer philosophy with us.
Your perspective is another one of those guideposts that help us remember -
"If you don't stand for something, you'll fall for anything"

momof23goats said:

well, in the middle east right nowseems ther is the makings of ww3.
the money is funny all over the world, and people are hurting, this is always the thing that starts wars, world wars, in fact, unless you have a dictator, that goes bonkers, and starts taking over the world.

Click to expand...

Yes you are right, and the perfect scenario for a charming, intelligent, savvy "man with a plan" to step in and offer the war weary world a new chance...at a slight price, of course-just a little mark and a little worship... The pieces are certainly almost all in place, aren't they?

We live our lives in our minds.....and the structure of our reality is interpreted by our view of the outside world, as seen through the prism of our thoughts......Unfortunately, when and if the reality of the outside world suddenly becomes painful, and unbearable, our minds will interpret this in such negative terms, that the lives we live in our minds will become hellish...
Becoming a warrior, however, will circumvent this process, and create a steel like moat around the core spirit.
http://www.timebomb2000.com/vb/showthread.php?t=349311 This issue is discussed in depth, right here.

energy_wave said:

The crisis has not solved anything because it's a crisis!!!

...the governments will go to war. Arn't we already at war?

I'd like to see more positive news rather than doom and gloom.

Click to expand...

Cut off the puter and cut on MSNBC and watch Chris Matthews worhip Obama.

CB

SteveReloaded said:

JM, if they really want to shrink the worlds population, us, then why don't they stop being such nannies? legalize drugs, stop dui laws, encourage smoking, quit screwing with food regulations specifying cholesterol and fat content, etc.... the list goes on.

just sayin...

Click to expand...

Hitler did the same thing. Vices such as those you listed were against his particular tastes. Plus, they distracted the population away from National Socialism. And they were affecting his master race (fat, sick from smoking, etc). So he wanted them done away with.

Here, the first thing is to appease special interests (non-smoking crowd for instance) to divide us. Second, some of those vices kill the wrong people (dumb supporters) who are needed for shock troops early on.

Wow, johnnymac, that is one brilliant point you made there:

Second, some of those vices kill the wrong people (dumb supporters) who are needed for shock troops early on.

Click to expand...

Dubai Crisis May End in ‘Major’ Default, BofA Says (Update3)
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By Tal Barak Harif

Nov. 27 (Bloomberg) -- Dubai’s debt woes may worsen to become a “major sovereign default” that roils developing nations and cuts off capital flows to emerging markets, Bank of America Corp. said.

BREAKING:BLOOMBERG REPORTER WHO SUED FED IS DEAD!
Quote

[link to www.dailypaul.com]
Nov. 28 (Bloomberg) -- Mark Pittman, the award-winning investigative reporter whose fight to open the Federal Reserve to more scrutiny led Bloomberg News to sue the central bank and win, died Nov. 25 in Yonkers, New York. He was 52.

Pittman suffered from heart-related illnesses. The precise cause of his death wasn’t known, said his friend William Karesh, vice president of the Global Health Program at the Bronx, New York-based Wildlife Conservation Society.

A former police-beat reporter who joined Bloomberg News in 1997, Pittman wrote stories in 2007 predicting the collapse of the banking system. That year, he won the Gerald Loeb Award from the UCLA Anderson School of Management, the highest accolade in financial journalism, for “Wall Street’s Faustian Bargain,” a series of articles on the breakdown of the U.S. mortgage industry.

“He was one of the great financial journalists of our time,” said Joseph Stiglitz, a professor at Columbia University in New York and the winner of the 2001 Nobel Prize for economics. “His death is shocking.”

My How Convienient...

doctor_fungcool said:

BREAKING:BLOOMBERG REPORTER WHO SUED FED IS DEAD!
Quote

[link to www.dailypaul.com]
Nov. 28 (Bloomberg) -- Mark Pittman, the award-winning investigative reporter whose fight to open the Federal Reserve to more scrutiny led Bloomberg News to sue the central bank and win, died Nov. 25 in Yonkers, New York. He was 52.

Pittman suffered from heart-related illnesses. The precise cause of his death wasn’t known, said his friend William Karesh, vice president of the Global Health Program at the Bronx, New York-based Wildlife Conservation Society.

A former police-beat reporter who joined Bloomberg News in 1997, Pittman wrote stories in 2007 predicting the collapse of the banking system. That year, he won the Gerald Loeb Award from the UCLA Anderson School of Management, the highest accolade in financial journalism, for “Wall Street’s Faustian Bargain,” a series of articles on the breakdown of the U.S. mortgage industry.

“He was one of the great financial journalists of our time,” said Joseph Stiglitz, a professor at Columbia University in New York and the winner of the 2001 Nobel Prize for economics. “His death is shocking.”

Click to expand...

Have heard it said that timing is everything...

etc said:

Actually the OP is right on the money. And not exactly a new idea.

Kondratieff made this idea popular in 1930's with the business cycle. Which ends with a world war. Thus far has been accurate...

Every gov that hyperinflates it's currency has collapsed thus far. The Weimar Republic, tsarist Russia, Yugoslavia, French republic in late 18th century.. the examples are abundant.

The economic policies of the US lead to a hyper-inflationary collapse, there is no other outcome possible.
The debt cannot be repaid even theoretically, so it will be repudiated with the printing press.



http://www.resourceinvestor.com/News/2005/8/Pages/The-Kondratieff-Winter-Is-Upon-Us.aspx

Click to expand...

A currency cannot be hyperinflated unless it's fiat: created out of thin air, with no backing of gold or silver. Every fiat currency, in the history of the world, has ended the same way - because of greed. And our fiat dollar will be no different. This is the message of Ron Paul and all those who warned against the private, for profit, Federal Reserve bankers.