A dose of economics

[Kaon]

Its these sorts of conversations that is going to put an end to all this pain and heartache, its only a matter of time before we reclaim what is rightfully ours. In the meantime is going to take the persistance of people like us to keep these conversations very much alive and educate everyone we can, even if they think were crazy.

Theres a big social stigma for even talking about this stuff, people are brainwashed into wanting to hear about it - but be persistant and in the end we will prevail.

The internet is changing things BIG time, this information was once not easily accessable and now it is. People are learning the truth and are growing sick of being slaves to multinational corperations and banks.

Some people reading this are probably thinking im mental and i may lose credibility with some folk, but its what i believe and nothing it not going to stop me from talking about these issues. For too long have we been shut up and its time for change. Never be afraid to open your mouths and fight for what you beleive in.

fuck yea boi!
remember remember the 5th of november

i only hope our great revolution can be a peaceful one. but thats not to say i wont be dual-weilding axes if the need be

[Kaon]

cha·grin (shə-grĭn')
n. A keen feeling of mental unease, as of annoyance or embarrassment, caused by failure, disappointment, or a disconcerting event

Always wanted to use the word, and had the opportunity!

niiiiice ive never come across that one before heh

[JesC]

Wow, this is a very deep thread. I see us going into some type of dark age within the next 10 to 20 years. This whole 2012 its going to be crazy being that all the planets are in a straight line!

[kidfromkibbly]

niiiiice ive never come across that one before heh

It's all yours now!

fuck yea boi!
remember remember the 5th of november

i only hope our great revolution can be a peaceful one. but thats not to say i wont be dual-weilding axes if the need be

Protest is what is needed now. The people in power, specifically the governments have forgotten that they serve us not the other way around.
Last weekend I was happy to see a 120'000 strong march of workers unions marching in Dublin for what they rightly called 'economic treason' by the Irish government.

[BentoSan]

i only hope our great revolution can be a peaceful one. but thats not to say i wont be dual-weilding axes if the need be

The revolution will be digitised !

[Kaon]

It's all yours now!



Protest is what is needed now. The people in power, specifically the governments have forgotten that they serve us not the other way around.
Last weekend I was happy to see a 120'000 strong march of workers unions marching in Dublin for what they rightly called 'economic treason' by the Irish government.

wow...

[Kaon]

another argument for nature VS conditioning

if it is in fact human nature then you gotta look at nature as a whole. its an evolving thing. this evolution is different however because the subject of evolution has a higher awareness and its evolution no longer come down to random possibility and is now something of choice.

if i choose not to be greedy theni dont have to be. but this is why i beleive its conditoning, people arent putting in the effort to make the choice for them selves and are just accepting the easiest option.

[kidfromkibbly]

You say the subject of evolution has a higher awareness, and I assume by 'subject' you mean todays society.

But todays society, in terms of the discussion here, is no better than that of society 2'000 years ago - man still takes advantage of his fellow man.

[Kaon]

You say the subject of evolution has a higher awareness, and I assume by 'subject' you mean todays society.

But todays society, in terms of the discussion here, is no better than that of society 2'000 years ago - man still takes advantage of his fellow man.

yea thats what i meant, and yea i agree that we're no better, and i suggest that this is because the only change we've had in society is that the powerful are now more powerful. if anything our society has gotten worse. i mean 2000 years ago you could start globally dominating new religions and faiths. not any more

although "the subject" is also all seperated minds within the society, and this has changed, education, over-population and the internet are all factors of change to the individual also. this has very slowly led us to groups of people having discussions such as this.

[DvlsAdvct]

I agree with everything else you've said Dvls, except for this. The collapse came around almost solely because banks started loaning money like it was a marketable product. There's no mathematical formula behind it.

Brokers were given whacking great bonuses as incentive rewards to give bigger and more loans. To do this they started to ignore the old criteria for giving a loan such as credit ratings and income and started loaning money to people who could not afford to pay it back when the economy started to slow, leaving the banks with their dick in their hand and loaded with toxic debts which they couldn't remedy because the bigger international banks wouldn't loan them the money, thanks to the slow down, to cover their toxic debt.

See, this is the thing, though. The only issue wasn't the banks giving loans. Yeah, that caused a huge source of the problems, but there was a whole other layer.

After they gave away the mortgages, the promise of those being paid back was being added to the value of the Bank. The Bank was using that "money" to then loan out to others in the interest of getting paid back. So, in essence, they were using money they didn't have to back loans to other people.

Then the brokers were packaging those loans in really deceptive ways. This is where the mathematical formulas come in, with no interest in the individuals they are affecting. Hell, a village in Norway had bought a CDO and the bank called them and told them the money didn't exist cause the US housing market crashed. They had already spent it on, y'know, roads 'n shit.

But I definitely agree with your point too.