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Defaulting banks - where will it stop?
Peter - welcome to the site, and thank you for your post above.

I largely agree with your analysis. However I have no doubt that the plans you describe in point 2) are indeed "well developed". Those who currently control the vast bulk of global wealth are ruthless and will do anything to preserve Their power.

The notion of permanent economic growth is fundamentally flawed, and is at the heart of the problem. The current political response seems to consist of funnelling taxpayer money to failed banks and attempting to create yet more bubbles.

This cannot but fail. The system is collapsing, and They are simply buying a little time.

In the West, the masses have been diverted into blind alleyways.

Eg the cult of celebrity: I am famous, therefore I am.
(Even if, like Big Brother stars, one is famous for being stupid.)

Eg the cult of shopping: I consume, therefore I am.

They hope that ordinary folk will carry on consuming, rather than rioting.

But when ordinary people finally say enough is enough, and take to the streets across Europe & North America in massive numbers, then riot police will not be enough.

Then we will see what Their plans really consist of.
"It means this War was never political at all, the politics was all theatre, all just to keep the people distracted...."
"Proverbs for Paranoids 4: You hide, They seek."
"They are in Love. Fuck the War."

Gravity's Rainbow, Thomas Pynchon

"Ccollanan Pachacamac ricuy auccacunac yahuarniy hichascancuta."
The last words of the last Inka, Tupac Amaru, led to the gallows by men of god & dogs of war
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Messages In This Thread
Defaulting banks - where will it stop? - by Terry Mauro - 12-10-2008, 11:14 PM
Defaulting banks - where will it stop? - by Terry Mauro - 15-10-2008, 06:20 PM
Defaulting banks - where will it stop? - by Myra Bronstein - 15-11-2008, 07:01 AM
Defaulting banks - where will it stop? - by Myra Bronstein - 15-11-2008, 07:26 AM
Defaulting banks - where will it stop? - by Myra Bronstein - 15-11-2008, 07:36 AM
Defaulting banks - where will it stop? - by Myra Bronstein - 15-11-2008, 09:02 PM
Defaulting banks - where will it stop? - by Myra Bronstein - 18-11-2008, 01:11 AM
Defaulting banks - where will it stop? - by Mark Stapleton - 18-11-2008, 05:03 AM
Defaulting banks - where will it stop? - by Myra Bronstein - 26-11-2008, 04:33 AM
Defaulting banks - where will it stop? - by Myra Bronstein - 26-11-2008, 04:37 AM
Defaulting banks - where will it stop? - by Myra Bronstein - 07-12-2008, 05:18 PM
Defaulting banks - where will it stop? - by Mark Stapleton - 08-12-2008, 04:20 PM
Defaulting banks - where will it stop? - by Mark Stapleton - 13-12-2008, 06:44 AM
Defaulting banks - where will it stop? - by Myra Bronstein - 18-01-2009, 10:21 PM
Defaulting banks - where will it stop? - by Mark Stapleton - 23-02-2009, 02:34 PM
Defaulting banks - where will it stop? - by Mark Stapleton - 23-02-2009, 04:14 PM
Defaulting banks - where will it stop? - by Mark Stapleton - 24-02-2009, 04:24 AM
Defaulting banks - where will it stop? - by Mark Stapleton - 24-02-2009, 09:22 AM
Defaulting banks - where will it stop? - by Mark Stapleton - 03-03-2009, 11:16 AM
Defaulting banks - where will it stop? - by Mark Stapleton - 04-03-2009, 01:34 AM
Defaulting banks - where will it stop? - by Mark Stapleton - 05-03-2009, 12:35 AM
Defaulting banks - where will it stop? - by Jan Klimkowski - 28-03-2009, 11:22 AM
Defaulting banks - where will it stop? - by Mark Stapleton - 24-04-2009, 06:01 PM
Defaulting banks - where will it stop? - by Mark Stapleton - 24-07-2009, 02:06 AM
Defaulting banks - where will it stop? - by Mark Stapleton - 26-07-2009, 08:54 AM
Defaulting banks - where will it stop? - by Mark Stapleton - 02-09-2009, 03:22 AM
Defaulting banks - where will it stop? - by Mark Stapleton - 10-09-2009, 07:52 AM
Defaulting banks - where will it stop? - by Myra Bronstein - 03-01-2010, 06:42 AM
Defaulting banks - where will it stop? - by Myra Bronstein - 03-01-2010, 07:23 AM
Defaulting banks - where will it stop? - by Mark Stapleton - 19-04-2010, 02:30 AM
Defaulting banks - where will it stop? - by Mark Stapleton - 19-04-2010, 02:54 AM
Defaulting banks - where will it stop? - by Mark Stapleton - 03-05-2010, 03:11 AM

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