I go to bed every night and dream of another recession

[racefactory]

''I go to bed every night and dream of another recession''



Heartless cunt or refreshing honesty? Your thoughts.

[Teflon]

Seems like a good cunt to me.

Time to make some coin?

http://www.babypips.com/blogs/pipono...weet-spot.html

[JimO]

apparently it was a scam

[racefactory]

apparently it was a scam

It's not a scam, that's just due to a few zealous conspiracy idiots who are so deluded as to think this guy looks like the Yes Men. He's just a day trader.

[george formby]

The only surprising thing for me is that people do not realise that traders just make money from the markets.It is not their businesses that make up the markets. Same as how many people do not actually realise banks are businesses, just like Mcdonalds.

Good on him for telling it like it is I say.

Goodness, people make money from wars too.

[HenryDorsetCase]

is "recession" code for "Boobies"? cos it it is, me too.

[BMWST?]

i think the most shocking thing is he talks like its a game.He seems to think anyone can play the game,but it is only the people with serious ammounts of cash who can play his game at the time of a real collapse.I dont think there will be much credit available this time to play his games.

[mashman]

His job it to make money... Heartless Cunt! and a fuckin idiot believing that money is going to be worth anything once it turns to shit (something he all but predicts). In fact he's quite happy to turn the screw by making more money. So yeah, Heartless cunt.

A 50% writedown for Greece? Seems a tad unfair given that they've had 2 multi-billion $$$ bailouts. Where did that money go? Back into the market and straight into the pockets of those with money . A bunch of heartless cunts and fuckin idiots.

Where are they getting this 2 trillion euro from for the bailout? Some heartless cunts are going to create it out of thin air. That makes the sheeple fuckin idiots too.

You can make a lot of money from a crash. And they wonder why the recovery is slow... anyone can make money , sure, the guy with $10,000 in his bank account (which won't exist next year according to Mr honest there ) will earn vastly less than the guy with $50 million etc... and they wonder why the recovery is slow. All of that money comes from somewhere (our bank accounts and govt coffers)... and that causes more to suffer, because the heartless cunts and fuckin idiots don't give a shit about the huge ratio of suffering they perpetuate, probably 1 in a million if not waaaaay more... the benefit of 1 at the cost of 1 million. What a bunch of heartless cunts.

Goldman Sachs rules the world??? Well that answers that question then. A bank rules the world, who would have thought , which means we don't live in a democracy. So those who believe that we live in a democracy are WRONG! and deluded to the point that you can only be seen as sheeple.

Markets have always been ruled by fear. George Soros "became known as "the Man Who Broke the Bank of England" after he made a reported $1 billion during the 1992 Black Wednesday UK currency crises"... who footed the bill so that he could make a $billion in 1 day? How far back did that set the UK economy? Like he gives a shit.

Heartless Cunts surrounded by fuckin idiots more commonly known as sheeple... but as long as you're alright eh...

ahhhhhhhhhhhhhhhhh, that's better... for now!

[mashman]

This is, unfortunately how it works.

Take Christchurch for instance. We'll forgo the insurance malarky and concentrate on what is going to happen, not hypothetically, but how Christchurch will be rebuilt.

The govt will require extra money to do it. It will be "cheaper" to find this money through some form of local investment.

We will use local resources, that's manpower (designers, builders, council officials etc...) and materials (wood, woofing materials, glass, concrete etc...). Yet we need to borrow money from overseas to pay for those local resources, and unfortunately (big unfortunately), we need to sit and wait for this money to become available. Why?

There is no other reason, other than there isn't enough money available to do it. A HUGE part of that reason is because money flows out of this country like a long term sufferer of Delhi belly. They are undeniable facts, not myths, not conspiracies, but FACTS. The govt acknowledges this.

In the meantime the people of Christchurch suffer the consequences and have been suffering the consequences for over a year now.

The resources and want to rebuild are there/here, the money isn't, because heartless cunts like the guy in teh vid are too busy sucking money out of the country and gambling (there is no other word for it) with it overseas. If that isn't fucked up, I really don't know what is.

That's a simple real life example. It's UTTERLY fuckin bleating tragic... and all because the world is financially driven. You idiots that decry a free local economy in NZ are out of your tiny minds. It's only Socialism if you believe it to be so, it's only Communism if you believe it to be so, it's only a democracy if you believe it to be so (despite all of the evidence to the contrary... who sets austerity agenda? It certainly isn't the govt)...

Hiding behind your labels (nothing more than pithy denial), you condemn people to lives of poverty, claiming that they could do something about it if they really wanted to, where there aren't enough jobs FACT (even with hundreds of thousand of willingly unemployed) and there isn't enough money available that a person with 2 jobs can still be considered in poverty. Absolutely fuckin pathetic beyond comprehension. You are not the rational logical beings you believe yourself to be. You are sheeple! Fuckin "You People"... Or perhaps it should be Fuckin "Ewe People"!!!!

Ahhhhh that's better... for now!

[Vacquer0]

Right on, Mash. Tragic.

[racefactory]

The resources and want to rebuild are there/here, the money isn't, because heartless cunts like the guy in teh vid are too busy sucking money out of the country and gambling (there is no other word for it) with it overseas. If that isn't fucked up, I really don't know what is.

Basically capitalism has to fail anyway. As machine automation continues to replace human labour (which it is doing at an ever increasing rate) people won't be able to get money that we currently require them to have just to be able to access the worlds resources and provide for their basic needs. It is acceptable in this society that one is left to starve or die if they can't get money.

We simply cannot create enough jobs and eventually it will all have to change. A recent example would be the 1 million Chinese workers at Foxconn that are being laid off and replaced by machines that will do a more efficient job. How long do you think until checkout operators no longer exist at Packnsave? Last year Robotic orders went up 30% in Europe, 70% in USA and 113% in Asia. Now consider that none of those economies are currently creating enough jobs as it is to be sustainable, then consider that ever more of those currently working will get replaced. Capitalism is going to price itself out of the market.

We can either watch it go slowly and suffer with it as more lose their jobs and fall into poverty due to the imaginary money barrier, or make a conscious decision to unleash our technological capability and create a global abundance.

[mashman]

Basically capitalism has to fail anyway. As machine automation continues to replace human labour (which it is doing at an ever increasing rate) people won't be able to get money that we currently require them to have just to be able to access the worlds resources and provide for their basic needs. It is acceptable in this society that one is left to starve or die if they can't get money.

We simply cannot create enough jobs and eventually it will all have to change. A recent example would be the 1 million Chinese workers at Foxconn that are being laid off and replaced by machines that will do a more efficient job. How long do you think until checkout operators no longer exist at Packnsave? Last year Robotic orders went up 30% in Europe, 70% in USA and 113% in Asia. Now consider that none of those economies are currently creating enough jobs as it is to be sustainable, then consider that ever more of those currently working will get replaced. Capitalism is going to price itself out of the market.

We can either watch it go slowly and suffer with it as more lose their jobs and fall into poverty due to the imaginary money barrier, or make a conscious decision to unleash our technological capability and create a global abundance.

Aye... the funny thing is, is that the exceptional minds of our time have allowed it to happen with absolutely no forethought for those who they replace. It's business, not personal being their guiding light.

War gives us technology??? WTF... are you out of your fuckin mind. People die because of a need to further technological advancement? You've got to be kidding me... who truly buys that shit! If there is a human requirement for something, obviously the minds that turn that requirement into reality using technology exist... otherwise the "war machines" wouldn't get built. War is yet another pathetic excuse to waste vast sums of money to create gadgets that are used for no other purpose than fucking things up.

What could the genius generation create if war wasn't the goal and budget wasn't a factor?

We have everything we need apart from enough money to achieve it! Smart people exist no longer to further the cause of humanity... but to destroy it for profit.

[racefactory]

I think coming back to today though, more people need to start further realising and understanding what the trader in the video is saying- 'governments don't rule the world, Goldman Sachs rules the world'. Couldn't be more true.

[mashman]

heh, he was quite frank... he did start with the market being fuelled by fear too . Your govt is helpless, a bank rules the world. Who woulda thought eh

It is one of my greatest concerns/fears... not that it will ever happen or anyone would be so stupid that they'd pull the "plug" overnight... but it's entirely possible and as simple as the flick of a switch to turn what we have into hell in 30 seconds. I'd love to not have to wait for the govt to show some true leadership, but I won't hold my breath and will hope for the best IF it goes tits and economic meltdown kicks in hard. We're simply not prepared for it.

[BMWST?]

wasnt goldman sachs one of the instututions that got a bailout?