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Evidence of world market crash

Grillge
Posts: 36
Joined: Tue Sep 25, 2012 8:37 am
Location: South Australia

Re: Evidence of world market crash

Postby Grillge » Fri Feb 22, 2013 4:27 am

Offgridhippie wrote:Have you folks noticed any corelation between quatitive easing and the global economy?

Seen a doco on SBS about government bail outs in a recession and basically any money that the government prints needs to go towards building or maintaining infrastructure that will employ people ,hence people have jobs and money to spend which kick starts the economy again. In 2009 governments did this but the money just went to the banks which didn't result in people getting employment hence the reason we are still in a global recession.
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ICRCC
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Re: Evidence of world market crash

Postby ICRCC » Mon Feb 25, 2013 8:40 pm

It's a shell game. The money still ends up with the banks along with the assests that this newly printed money buys.
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Offgridhippie
Posts: 85
Joined: Mon Aug 06, 2012 5:52 am

Re: Evidence of world market crash

Postby Offgridhippie » Wed Feb 27, 2013 6:14 pm

Here's some reassuring news :roll:

The US Fed keeps on printing!!

http://www.cbsnews.com/8301-505123_162- ... -congress/

Are the children catching on? Have you folks seen this?

http://www.youtube.com/watch?v=Bx5Sc3vWefE
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I never thought costco shelving could be so amazing

Offgridhippie
Posts: 85
Joined: Mon Aug 06, 2012 5:52 am

Re: Evidence of world market crash

Postby Offgridhippie » Mon Mar 18, 2013 5:10 am

Hey folks, do you guys think the run on the bank in Greece will spread further?

http://www.marketwatch.com/enf/rss.asp? ... 8040CF6%7D
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I never thought costco shelving could be so amazing

ICRCC
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Re: Evidence of world market crash

Postby ICRCC » Mon Mar 18, 2013 9:50 pm

It will be interesting to see what happens when the banks open in Cyprus on Thursday. If there is a run on the banks and I don't see how they can avoid that now I am sure people in other cash strapped Euro countries will take the appropriate measures to protect themselves. It will also be interesting to see how much press coverage any run on the banks gets. The Euro will likely drop significantly against other currencies.
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frugalcanadaprepper
Posts: 61
Joined: Sat Mar 09, 2013 8:08 pm

Re: Evidence of world market crash

Postby frugalcanadaprepper » Tue Mar 19, 2013 12:42 am

Rehypothecation. Look it up. It's the reason things have gone wrong.
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“The ultimate test of a moral society is the kind of world that it leaves to its children.”
― Dietrich Bonhoeffer

Offgridhippie
Posts: 85
Joined: Mon Aug 06, 2012 5:52 am

Re: Evidence of world market crash

Postby Offgridhippie » Tue Mar 19, 2013 5:19 am

When do we make the mad dash to the banks? :lol:
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I never thought costco shelving could be so amazing

Grillge
Posts: 36
Joined: Tue Sep 25, 2012 8:37 am
Location: South Australia

Re: Evidence of world market crash

Postby Grillge » Tue Mar 19, 2013 10:27 am

Offgridhippie wrote:When do we make the mad dash to the banks? :lol:

I have only been leaving what money is needed to pay the bills and the rest I take out. I have not left any savings in the bank since 2009. I always buy 1 gram gold bars or 1 ounce silver coins when I can.
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Offgridhippie
Posts: 85
Joined: Mon Aug 06, 2012 5:52 am

Re: Evidence of world market crash

Postby Offgridhippie » Tue Mar 19, 2013 5:33 pm

Thanks Gillge for the advice, We recently started the silver build up. We've been buying and growing heirloom seeds, ironically as a gardeners not as a preppers.

However, check this video out. Is it the end of the euro???

http://bloom.bg/XWivp9#ooid=tlaWNhYTpwJ ... d6tOGI1vB5
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I never thought costco shelving could be so amazing


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