I blame the scapegoats

baby_boomer

It's more complicated than that

It's the bankers at the heart of it.

Great thread title, BTW, Generali.

slipthru

People buying stuff on credit

It's every ones fault, the bankers for devising the plan (either in ignorance or by plan), the politicians for allowing it to happen and the people for not thinking about things before taking out huge loans and spending money they don't have.

worldwheeler

[quote=Generali;15275755]3-and-a-half hours on how we are all puppets of the Rothschilds. Heaven help us.

The thing I've always wondered about that sort of Freemason/Jewish Conspiracy/Rothschilds/P2 lodge conspiracy is even if it is true, !!!!!! are you going to do about it?

You've got a bunch of people who are organised enough to create an entire system of money and government that you can't even see let alone know how to attack. What am I supposed to do? I'm barely organised enough to get The Boy off to nursery in matching socks. I only manage to get myself in matching socks by ensuring that all my socks are identical.

If you do not understand how a system works it therefore does not exist? Well I do not understand how atomic molecules combine but they DO!
What you do about a corrupt system is down to the individual and society if they are well informed. But if you refuse to acknowledge possibilities and give them names like conspiracies you will forever be poor. The public has been fooled in the past by orthorities on the assumption that people will not question stories given to them. I for one would like to judge world events with as much information as possible.

treliac

It's more complicated than that

slipthru wrote: »

and the people for not thinking about things before taking out huge loans and spending money they don't have.

Why did so many lack the brainpower to see the blindingly obvious? They seem to have got onto an escalator they couldn't get off. The answer never lay in increasing house values either. You've got to downsize to realise equity and most have only thought of moving on upwards.

So it's been like lemmings running towards who knew what at the time? The system served to support these lifestyles. It's fascinating how easily the masses can be convinced into acting insanely. I guess it'll be bankruptcy for lots and how much will that cost everyone else?

sabretoothtigger

Bank Regulators

You cant blame the bankers for making as much money as possible nor anyone else for spending it. However regulators and good government should demonstrate experience and restraint

In general people are crap with money thats why banks make money and governments control it.
Its a self reciprocating triangle, without one the other two lose balance and its the basis for a working capitalist society



http://www.uksip.org/professional_investor/winter2007/robinson.html

Faded

Bank Regulators

Generali wrote: »

3-and-a-half hours on how we are all puppets of the Rothschilds. Heaven help us.

Zeitgeist Addendum is just over 2 hrs, and explains the fractional reserve banking system very well.

http://video.google.com/videoplay?docid=7065205277695921912

Rabiddog_2

The media

"You must respect my orthorities"!
I blame America as a whole for living in debt 10 years now(GDP), I particularly blame their bankers, I also blame their Politicians.. SO I really despise American bankers who have become politicians.
And that bloke, DAve, he looked at me a bit funny

spending money they don't have

thats called a mortgage then? or a loan?

treliac

It's more complicated than that

[quote=Rabiddog;15278449
thats called a mortgage then? or a loan?[/quote]

Either would work, provided they were paid back!

lotto-dreamer

Greed

Human nature unfortunately - everyone's to blame.

worldwheeler

sabretoothtigger wrote: »

You cant blame the bankers for making as much money as possible nor anyone else for spending it. However regulators and good government should demonstrate experience and restraint

In general people are crap with money thats why banks make money and governments control it.
Its a self reciprocating triangle, without one the other two lose balance and its the basis for a working capitalist society

Governments do NOT control money. Bankers control the money and governments pay them with TAX.
Bankers have orchestrated the WORLD credit crunch through ten years of every more available credit. Then when they had roped in 125% loans to people who would never be able to pay it back and circulating these risks worldwide through repackaged financial "instruments" the house of cards is ready to fall.
In a recession wealth is not destroyed or lost it is merely redistributed.
This has been the case through out history with added interventions to gain ever more wealth and power to banking elite.
Search for the answers and make your own mind up when you know all the information not just what "FOX news" tells you what to believe.