Penguarky Tunguin said:

Did any "too big to fail" banks actually fail?  Or were they all small ones?

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DragonChaser said:

People are wondering if Fannie Mae and Freddie Mac are going to fail.  That would suck.

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jwm285 said:

we have been in recession since the 1970's...  recession means slowed growth and its  been slow since then...  we are heading toward a total collapse of the economy and when that happens total martial law will ensue...

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Cannashroom said:

Well, The US economy is based on Debt-Money.  The vast majority of money in the world is created as debt by banks, but the debts are owed back with interest, but since all the money is coming from debt it is impossible to ever escape as a world, the international bankers have us by the fucking balls and everyone is oblivious.

Since the economy is based in this way it needs constant exponential growth to pay off the debts with more debts.  But the real fraud it that the banks which lend made up money make you put real collateral down like a house, so in this way by creating money from nothing (Your Loan) they own your house.  They did not give you money they had, they just created it from nothing!  That is why the economy will eventually collapse, the world cannot sustain exponential growth so an economy built upon that cannot either.

This system of expanding credit was wanted by European nobility to keep expanding empires, but the bankers were also involved, insuring that they were the true owners of all the worlds real wealth, property, by creating the fake wealth, money.

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Cannashroom said:

Well, The US economy is based on Debt-Money.  The vast majority of money in the world is created as debt by banks, but the debts are owed back with interest, but since all the money is coming from debt it is impossible to ever escape as a world, the international bankers have us by the fucking balls and everyone is oblivious.

Since the economy is based in this way it needs constant exponential growth to pay off the debts with more debts.  But the real fraud it that the banks which lend made up money make you put real collateral down like a house, so in this way by creating money from nothing (Your Loan) they own your house.  They did not give you money they had, they just created it from nothing!  That is why the economy will eventually collapse, the world cannot sustain exponential growth so an economy built upon that cannot either.

This system of expanding credit was wanted by European nobility to keep expanding empires, but the bankers were also involved, insuring that they were the true owners of all the worlds real wealth, property, by creating the fake wealth, money.

---

Cannashroom said:

Well, The US economy is based on Debt-Money.  The vast majority of money in the world is created as debt by banks, but the debts are owed back with interest, but since all the money is coming from debt it is impossible to ever escape as a world, the international bankers have us by the fucking balls and everyone is oblivious.

Since the economy is based in this way it needs constant exponential growth to pay off the debts with more debts.  But the real fraud it that the banks which lend made up money make you put real collateral down like a house, so in this way by creating money from nothing (Your Loan) they own your house.  They did not give you money they had, they just created it from nothing!  That is why the economy will eventually collapse, the world cannot sustain exponential growth so an economy built upon that cannot either.

This system of expanding credit was wanted by European nobility to keep expanding empires, but the bankers were also involved, insuring that they were the true owners of all the worlds real wealth, property, by creating the fake wealth, money.

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dill705 said:

Why do we need money again?

Someone please answer this for me, I really need to know.

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Cuz humans are barely better than greedy jealous hierarchical  monkeys and we are better of with a system that uses those traits,rather than holding hands and singing kumbaya and sharing shit which invariably leads to bunch of pissed of monkeys with lots of death and chaos because some of them wanted all the bananas..