Everyone, buy euros NOW

Better safe than sorry! I am genuinely worried for this year as the dollar plummets and food/gas prices raise. I myself am Canadian and worried for my American Cousins, while at the same time worried for my country wondering how America's economic downfall might affect us, and potentially the world. For a while now I've had this instinct that something big was going to happen in 2008, and its safe to say that with all this evidence for a depression, this instinct may be warning me about this. I believe you should trust your instincts, its what makes animals run from danger when its about to come, and its what mothers feel when thier child is in danger.

Yes I have another post about this, but I feel specially inclined to warn people of something that may (or may not) happen, in any case, history has taught us to be prepared, to expect the unexpected. The thing is, the mass media (which is controlled by only about 6 corporations, including time warner, which indirectly is controlled by the gov't) does not want the public to find out about this and panic. i don't want you to panic either, but i want you to be safe with your money. Buy Euros now while you dollar still has worth and can afford to buy money backed up by gold. (this is in the case that America's economic downfall doesn't lead the world into the same recession)

Large investors are starting bank runs. If they have the knowledge to save thier wealth, so should YOU! Don't wait until its too late, even if it never happens.

Be careful guys.

Article on the next great depression
http://www.independent.co.uk/news/bu...on-796428.html

Don't be too confident in the Euro, the global market is slowing down due to the US economy being in a recession, UK is in recession now, italy soon, they pay about 8 dollars a gallon for gasoline there when converted from liters, but when converted to euros its still about 5-7 euro's a gallon of gas which is sooooo overpriced.

Europe is headed for some tough times soon also, along with Asia, and Africa and many many other nations that rely on international trade and economies.

Sure, its a good investment now for the euro but, soon many currencies will be weak and the need for a 1 world currency will be discussed, entailing a 1 world government eventually, which is the epitome of tyranny...

yea so my advice to you all:

Get drunk,stoned,high,twised,ripped

why? the good times are coming to an end very shortly, enjoy yourself while you can!

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Originally Posted by guerilla

Don't be too confident in the Euro, the global market is slowing down due to the US economy being in a recession, UK is in recession now, italy soon, they pay about 8 dollars a gallon for gasoline there when converted from liters, but when converted to euros its still about 5-7 euro's a gallon of gas which is sooooo overpriced.

Europe is headed for some tough times soon also, along with Asia, and Africa and many many other nations that rely on international trade and economies.

Sure, its a good investment now for the euro but, soon many currencies will be weak and the need for a 1 world currency will be discussed, entailing a 1 world government eventually, which is the epitome of tyranny...

yea so my advice to you all:

Get drunk,stoned,high,twised,ripped

why? the good times are coming to an end very shortly, enjoy yourself while you can!

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Ya i heard Japan is in a recession to. I'm not sure if its true or not though...

"Edit" Apparently it's official now. Japan is in a recession http://news.bbc.co.uk/1/hi/business/111377.stm

Hmm. Not surprising that a lot of countries are affected. However, remember that "recession" doesn't mean anything close to "depression." You can be in a recession and just be a bit uncomfortable rather than in any real trouble.

thats true Mes, but what if we slip into one? the last depression was a total unpredictable thing, well the bankers planned it but, the rest of the people didn't have a freaking clue, like us all today, who knows when the FED will pull the plug again and crash the stock market, when the 1st depression happened the FEd and their buddies all pulled their cash outta banks and whatnot and they became very rich.

History repeats itself, but does anyone notice?

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Originally Posted by guerilla

UK is in recession now

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:wtf:

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Originally Posted by Adam

:wtf:

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I read it in a paper that the UK is headed towards one

That's a HUGE difference there - Heading towards one and being in one.

People have been saying the UK is heading to a recession for the past 3/4 years! As have they been predicting a property crash, but all that has happened is prices increasing exponentially, and the value of the pound increasing.

Out of interest, what is your source? I am interested because I work for one of the largest financial institutions in the UK, so usually get pretty good first hand information on this sort of thing :)

There is going to be a severe problem with properties and the Pound if you UK'ers keep buying cheaper homes out of the UK.

Because?

Because unless you outright buy the property in cash, the money being spent does not go into UK circulation.

Yeah, and people have been predicting that America has been heading toward a recession for the last 3/4 years. Great point Adam. <sarcasm> The signs all point to it.

Now I happen to be a peak oiler, so I don't think it's anything that can be fixed. Which is to say it's inevitable.

For anyone that's concerned about the canadian economy by the way (especially how the US will affect it), our current economic success is mostly tied into our vast exploitation of natural ressources, and our trading of these with developping nations, so we don't have too much to worry about.

*high-fives Spartiate*

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Originally Posted by Spartiate

For anyone that's concerned about the canadian economy by the way (especially how the US will affect it), our current economic success is mostly tied into our vast exploitation of natural ressources, and our trading of these with developping nations, so we don't have too much to worry about.

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I don't think that's something to be proud of...

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Originally Posted by Traveling_Troubador

I don't think that's something to be proud of...

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please elaborate on that thought.

Never fear
the US Fed has printed lots of money

It's going to be alright.....

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Originally Posted by Ynot

Never fear
the US Fed has printed lots of money

It's going to be alright.....

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:banana:

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Originally Posted by Traveling_Troubador

I don't think that's something to be proud of...

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Hey fuck you Traveling Troubador, ya jerk.

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Originally Posted by CoLd BlooDed

Hey fuck you Traveling Troubador, ya jerk.

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Ignore him, CB. 'Tis but a troll.

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Originally Posted by Seismosaur

Ignore him, CB. 'Tis but a troll.

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Tis true, tis true. My bad.

Recessions are pretty normal parts of the cycle, you know. There are reasons to worry, but "OMG recession" is not the biggest one. It's felt a little bit more now because they aren't raising interest rates like they normally would. This is presumably because of the housing bubble and the silly people who took variable-rate mortgages they would not be able to afford...

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Originally Posted by Ynot

Never fear
the US Fed has printed lots of money

It's going to be alright.....

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:lmao:

the bankers who are in charge of printing money will profit from a depression. The bankers who print money are the ones who created the first depression in the 30's, and now I'm sure they will do the same, to somehow manipulate the U.s and possibly the world into doing things we normaly wouldn't do.

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Originally Posted by Ynot

Never fear
the US Fed has printed lots of money

It's going to be alright.....

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HAHAHAHA.

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Originally Posted by CoLd BlooDed

Hey fuck you Traveling Troubador, ya jerk.

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Truth hurts dinnaet? I'll put it a different way. The exploitation of natural resources in hopes of the continued perpetuation of a content consumer society at the expense of ecosystem and autonomy is something to be proud of huh?

If I'm a troll then you're a garden gnome. :banana:

more recent article on markets if you would like to follow. It doesn't seem to be too good.

http://www.independent.co.uk/news/bu...be-797136.html

Pounds>Kroner>Euro>Dollar

:)

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Truth hurts dinnaet? I'll put it a different way. The exploitation of natural resources in hopes of the continued perpetuation of a content consumer society at the expense of ecosystem and autonomy is something to be proud of huh?

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yep :) survival of the fittest my dear troll. We humans are now greater than any other species in the enviroment, so screw them. They get the scraps of land we dont want. :P If they die, tough. The world ain't fair and its never going to be.

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Originally Posted by Traveling_Troubador

Truth hurts dinnaet? I'll put it a different way. The exploitation of natural resources in hopes of the continued perpetuation of a content consumer society at the expense of ecosystem and autonomy is something to be proud of huh?

If I'm a troll then you're a garden gnome. :banana:

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You`re just mad that Canadian Tire money is reaching parity.

I could give a phrack about purchasing power parity. I'm concered with the sustainability of the human race as a whole. Such divisive thoughts keep wars, intolerance, and ignorance perpetuated into the indefinite future. Survival of the fittest doesn't work any more. It is survival of the Intelligent. Our basal "fight or flight" instincts is what has been driving us toward our own self-destruction for this latest period in human history. If we want to survive it, and evolve beyond it, a new perspective is necessary. What you're touting doesn't help it. Continued nationalist rhetoric. Continued modernist rhetoric, as if we are somehow above nature.

We are a global society. What hurts one of us, hurts all of is, either directly or indirectly.

I dunno...

Canadians seem like a pretty contibutive, self-sustained and peaceful lot.

But they like keeping good foriegn affairs so their evil, right? Yea, let's forget for a moment that the president of the united states declared war BECAUSE GOD SAID SO.

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Originally Posted by Traveling_Troubador

Truth hurts dinnaet? I'll put it a different way. The exploitation of natural resources in hopes of the continued perpetuation of a content consumer society at the expense of ecosystem and autonomy is something to be proud of huh?

If I'm a troll then you're a garden gnome. :banana:

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Why are so edgy and aggressive, CB and Spart, said nothing offensive and then you come along and get all stressy over it. Sheesh calm down laddey.

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Originally Posted by Traveling_Troubador

I could give a phrack about purchasing power parity. I'm concered with the sustainability of the human race as a whole. Such divisive thoughts keep wars, intolerance, and ignorance perpetuated into the indefinite future. Survival of the fittest doesn't work any more. It is survival of the Intelligent. Our basal "fight or flight" instincts is what has been driving us toward our own self-destruction for this latest period in human history. If we want to survive it, and evolve beyond it, a new perspective is necessary. What you're touting doesn't help it. Continued nationalist rhetoric. Continued modernist rhetoric, as if we are somehow above nature.

We are a global society. What hurts one of us, hurts all of is, either directly or indirectly.

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I have no idea what you're going on about, what does this have to do with the canadian economy?

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Originally Posted by Spartiate

I have know idea what you're going on about, what does this have to do with the canadian economy?

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I like to call this random senselessness kafuffle. Basically it has nothing to do with his previous statement.

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Originally Posted by Spartiate

I have know idea what you're going on about, what does this have to do with the canadian economy?

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He's trying to sound like he knows what he is talking about.

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Originally Posted by Spartiate

I have know idea what you're going on about, what does this have to do with the canadian economy?

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I think he is saying the way the canadian economy is, is not viable. In the sense that canada relies on exploiting its vast mineral,tree and fishing resources to much instead of being more diversified???.... Correct me if im wrong Troubador, im just trying to interpret your post.

And I have to agree with traveling troubador you canadians are taking what he's saying way to personally. I mean come on....I hate to say it but you guys (canadians) are basically self hating americans...There i said it.

Yes Dragon. I took that, and then took it to a larger scale. Nationalist arrogance and exploitation of nature are not specific to certain countries. Things I must argue with because they disgust me. The above that I have repeated again, and again, and again, and again, are nothing to be proud of.

What we should be exploiting is our capacity for innovation and problem solving. That is the reason that we have survived so long and have the luxuries we do today. Mineral wealth won't help it, it will only serve to stave off further collapses temporarily.

You need basic materials to build an infrastructure... I don't know what your problem with exploiting primary ressources is.

The population grows and grows, needing more and more infrastructure, and more and more resources to build it. This in turn causes the population to grow even more. It's self-defeating thing. Nothing is infinite that can be exploited quickly. It is all based on the animalistic side of human nature: greed, gluttony, security, etc.

Instead of people being a collection of individuals, we are now a cancerous growth on the planet. Of course I'm a hypocrite saying this, because I participate in it. Recognizing that you have a problem is part of the way towards creating a solution.

But I digress (and god damn I digress a lot, my apologies), the traditional economic/modernist model that most people take as common sense because of the implication of their own personal benefit is a disastrous thing in the "big picture". I reemphasize the idea that we are not talking about Canadian/American/Indian/Chinese/Russian, but Humanity.

Hmm... depression. Hopefully not for another decade or so. That way I can save up money, but tons of real estate when it hits, and get filthy rich when we climb out of it.

Buying euros now, while the dollar is weak against it, has a high chance of making you lose money instead, if the dollar should rise.

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Originally Posted by Traveling_Troubador

The population grows and grows, needing more and more infrastructure, and more and more resources to build it. This in turn causes the population to grow even more. It's self-defeating thing. Nothing is infinite that can be exploited quickly. It is all based on the animalistic side of human nature: greed, gluttony, security, etc.

Instead of people being a collection of individuals, we are now a cancerous growth on the planet. Of course I'm a hypocrite saying this, because I participate in it. Recognizing that you have a problem is part of the way towards creating a solution.

But I digress (and god damn I digress a lot, my apologies), the traditional economic/modernist model that most people take as common sense because of the implication of their own personal benefit is a disastrous thing in the "big picture". I reemphasize the idea that we are not talking about Canadian/American/Indian/Chinese/Russian, but Humanity.

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All you are doing is pointing out that their specific economic system is flawed.

Here's a clue-- All of them are.

People have already tried to come up with an economic system that doesn't lapse itself over-- See communism.

The media has opposite intentions. They WANT people to panic. The more people panic, the more people watch, the higher their ratings go. Do you think people are going to keep their eyes glued to the television if everything is fine? The media corporations don't give a fuck.

If anything, the media is overplaying the problem. Don't get me wrong, I know our economy sucks right now, but you can't trust the media.

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Originally Posted by Casualtie

but you can't trust the media.

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sad but true

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Originally Posted by Seismosaur

All you are doing is pointing out that their specific economic system is flawed.

Here's a clue-- All of them are.

People have already tried to come up with an economic system that doesn't lapse itself over-- See communism.

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Go hop over to Solskye's topic with the five youtube videos from the indian elders. That's what I'm talking about.

Not that a specific economic system is flawed, economy itself is flawed due to it's nature.

And I'm sure a child could have told you that :huh:

Name one human-made system that is perfect, or at least functions as marginally intended.

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Originally Posted by Seismosaur

And I'm sure a child could have told you that :huh:

Name one human-made system that is perfect, or at least functions as marginally intended.

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fed-EX?

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Originally Posted by Seismosaur

And I'm sure a child could have told you that :huh:

Name one human-made system that is perfect, or at least functions as marginally intended.

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And so the argument winds down and you make me out as dim-witted. Thanks.

The only system that is perfect is the one that brought us into existence, which would be nature. Apparently it has become an ingrained ideal to try and conquer nature, bending it to humanity's will. Why? For creature comforts. The only point I was trying to make is that this is nothing to be proud of and now it has dragged on and on...

I am vexed, and nae shall I lay my eyes on this topic again, for fear of having killed its spirit.

Id say, if you live in Europe right now. COME TO AMERICAAAAAAAAAAA


Its dirt cheap for you now, go to America and spend, go back to Europe and sell. You'll be a millionaire.

A German car (bmw, benz) in America is now 50&#37; less than the price in Germany. Buy 2 or 3 from America and ship it to Europe and sell. Get 50% over what you paid instantly.


Oh and in 10 years, id want to live in the middle east, where gas is cheaper than water. I lived in Saudi Arabia for a couple months, a gallon of gas is less than a one liter water bottle.

America is going into recession and its going to crumble down on its self soon enough. The more wars and shit bush wages, the faster we fuck up.

Go China.

By the way, at my last pep rally at school, they gave out flags for the national anthem. USA FLAGS. there was a sticker on the side that said made in china. Thats sad.

EDIT:

I live in Texas, and i remember when hurricane Katrina hit Louisiana. Holy shit? If a stupid wind hit ONE city, it wrecked havoc across other states.
I went to fill up gas at night, and i went to maybe 15 gas stations, all CLOSED> these are 24/7 stations.
I was like WTF? and then i found ONE open, with a line of maybe 40 cars?

If some wind and water did this, imagine what if oil was OUT, and the country was plumetting.

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Originally Posted by moe007

A German car (bmw, benz) in America is now 50% less than the price in Germany. Buy 2 or 3 from America and ship it to Europe and sell. Get 50% over what you paid instantly.

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you can't drive an american car in europe. People drive on different sides of the road. :P

Switching it costs about $5000. I think its worth it, when you think about how much you would make.


Or just ship it to a different country, where they drive on the right. Anywhere but America, should give you high prices.

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Originally Posted by Dewitback

you can't drive an american car in europe. People drive on different sides of the road. :P

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:wtf: It's basically just the UK for Europe.

I'm waiting on the Amero.