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Well I´m in Germany which means we are relativly (And by relativly I mean it´s bad but not like in the USA) well of since our Bank system was overregulated - no one complains about that NOW though.
The primary Banks for Hans Mustermann (German Sixpack Joe) are local "Sparkassen" owned by the communes - their goal isn´t to produce profit but to provide a service. This means that they may not offer interest rates comparable to "proper" banks but they are also not as much effected by the current crisis. To prevent missunderstandings: they are NOT immune.
The light at the end of the Tunnel is that the crisis will increase pressure on the USA to agree to more regulation for international financial markets. Deregulated Marktes grow faster, that is a fact but they also suffer more if a bubble bursts - as seen right now.
The biggest victim of this crisis is the US status as "masters of capitalism".
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If Marx were here he'd be saying I told you so.
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United States24801 Posts
On October 11 2008 08:49 Salv wrote:
If Marx were here he'd be saying I told you so.
I think the problem here is different than what Marx would say 'I told you so' about.
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Sorry I was referring to Capitalism.
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On October 11 2008 08:49 Salv wrote:
If Marx were here he'd be saying I told you so.
then in a year or two when the economy gets back on its feet the rest of the world get to say i told you so
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On October 10 2008 15:14 Caller wrote:So the stock market is crashing worldwide, and shows no sign of stopping. There are rumors that society itself may collapse, even with swift government reactions. What have you done to prepare for this possible collapse? Personally, at University, it is pretty hard for me to be able to do anything much, especially in Illinois, that bastion of anti-gun law. So I bought a wrench yesterday and some canned food/other foods, and have a lot of bottled water. I suspect that will be only enough to last aboud two weeks, so I also have a Brita filter to get me a little bit more water. The good news is as I'm on the lake and I know how to fish, I may be able to feed myself there. The bad news is it's nice to have electricity and not being cold in Chicago, and that may be a problem. What preperations have any of you taken? EDIT: Artist's Depiction
HOLY SHIT IS THAT A REEL PICTURE?
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On October 10 2008 15:14 Caller wrote:So the stock market is crashing worldwide, and shows no sign of stopping. There are rumors that society itself may collapse, even with swift government reactions. What have you done to prepare for this possible collapse? Personally, at University, it is pretty hard for me to be able to do anything much, especially in Illinois, that bastion of anti-gun law. So I bought a wrench yesterday and some canned food/other foods, and have a lot of bottled water. I suspect that will be only enough to last aboud two weeks, so I also have a Brita filter to get me a little bit more water. The good news is as I'm on the lake and I know how to fish, I may be able to feed myself there. The bad news is it's nice to have electricity and not being cold in Chicago, and that may be a problem. What preperations have any of you taken? EDIT: Artist's Depiction
wow, some people are ridiculous. This is like those people that prepared their houses for bio-chemical warfare after 9/11. LOL
I hope you realize you sound like a crazy nut.
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On October 11 2008 10:36 Mastermind wrote:Show nested quote +On October 10 2008 15:14 Caller wrote:So the stock market is crashing worldwide, and shows no sign of stopping. There are rumors that society itself may collapse, even with swift government reactions. What have you done to prepare for this possible collapse? Personally, at University, it is pretty hard for me to be able to do anything much, especially in Illinois, that bastion of anti-gun law. So I bought a wrench yesterday and some canned food/other foods, and have a lot of bottled water. I suspect that will be only enough to last aboud two weeks, so I also have a Brita filter to get me a little bit more water. The good news is as I'm on the lake and I know how to fish, I may be able to feed myself there. The bad news is it's nice to have electricity and not being cold in Chicago, and that may be a problem. What preperations have any of you taken? EDIT: Artist's Depiction wow, some people are ridiculous. This is like those people that prepared their houses for bio-chemical warfare after 9/11. LOL I hope you realize you sound like a crazy nut.
IN CASE YOU DIDNT GET THE MESSAGE
THE ENTIRE THING IS A JOKE
WELL MOSTLY
SEE THE PICTURE
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yeah i've been thinking about this a lot lately. i actually do want to stock up on supplies, i'm mostly just cheap i don't want to buy a bunch of stuff unless there's actual signs that that is necessary.
actually my area of BC is already an earthquake zone, so all of us are supposed to be prepared because we're due for an earthquake.
that combined with the economy does leave me concerned so hopefully i will stop being cheap and go get some extra stuff in the next couple days.
and i think society is in a pretty poor state of logic when being prepared is a mockable offense? imo the more prepared a person is that is a quick way of identifying fellow people with a brain in their head.
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On October 11 2008 18:00 a-game wrote:
and i think society is in a pretty poor state of logic when being prepared is a mockable offense? imo the more prepared a person is that is a quick way of identifying fellow people with a brain in their head.
In hard times its also a lynchable offense.....to be a greedy hoarder. I would recommend you don't heavily advertise if you are stocking up.
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i actually have supplies left over from the zombie outbreak of '06, so I'm not worried.
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Physician
United States4146 Posts
I have many many acres of forest in southern Argentina where there are no people around...
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On October 13 2008 15:58 Physician wrote:
I have many many acres of forest in southern Argentina where there are no people around...
How is it in Argentina? I know they've had some pretty bad economic problems, there is actually a guy with a survivalist blog about it http://ferfal.blogspot.com/. Any truth to this?
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Physician
United States4146 Posts
On October 13 2008 16:03 fight_or_flight wrote:Show nested quote +On October 13 2008 15:58 Physician wrote:
I have many many acres of forest in southern Argentina where there are no people around... How is it in Argentina? I know they've had some pretty bad economic problems, there is actually a guy with a survivalist blog about it http://ferfal.blogspot.com/. Any truth to this?
they have an idiot government but aside from that nothing ever truly changes in Argentina.. it has 10 year cycles of ups and down pretty much last 80 years..
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EPT![[image loading]](http://img513.imageshack.us/img513/5710/socialcollapsekq2.jpg)
