Has anyone seen this site?

novazombie

drbeat wrote: »

Armageddon is not just something that means the end of the world. Take the 20th Century for example as they were many armageddons such as:

WW1
WW2
Great Depression

Shrill voices were warning of the above and for those involved the above was armageddon. History is littered with armageddons - and just like a recession you won't know about it until you come out of it and look back on it.

Actualy Armageddon is a Biblical word that is talking about the great and fear inspiring day of Gods Kingdom Government. It is the time when the only true God will put an end to all worldly governments that have been proven not to work, and Gods Kingdom Government will replace them all. At this time the Bible says all wickedness and suffering will also be done away with.

bo_drinker

novazombie wrote: »

Actualy Armageddon is a Biblical word that is talking about the great and fear inspiring day of Gods Kingdom Government. It is the time when the only true God will put an end to all worldly governments that have been proven not to work, and Gods Kingdom Government will replace them all. At this time the Bible says all wickedness and suffering will also be done away with.

Does anybody actually believe this sort of thing ???

eamon

The only thing that is new about the current financial crisis and its outcomes is the size. Sure its complicated and some of the smartest minds on the planet are working on solutions but that doesn't make it substantially much different than other economic bubbles in the past. Collectively we bought the lie that ever appreciating assets were a good thing and the powers that be had us believe that home ownership would solve many social ills. What fools we can be!


I think that many of the experts and other posters on MSE appear to skirt around the issue. Some how either a huge chunk of our collective debt is repaid by us or many banks etc are forced to write it off. Secondly we need to debunk the myth that owning your own home is a path to riches.


I suspect and fear that this recession/depression (or what ever it is meant to be called) is going to last a good few years. I resent the fact that people supposedly cleverer than me didn't see this coming (I did) and I have little faith in their ability to sort it out. In my opinion at least one UK bank should have been allowed to fail. Instead billions of tax payers funds are used to prop up a system that still doesn't seem very stable.


For what its worth I hope that I manage to keep my job. In the past I've experienced redundancy 4 times most recently last year. Its not nice being told that your services are no longer required.


Eamon

novazombie

bo_drinker wrote: »

Does anybody actually believe this sort of thing ???

Your talking about faith?

The majority dont have faith in the Bible, even the many Church`s claim to but actually dont.

But then the majority also didnt see this disaster coming either.

The lesson - the majority isnt always right.

neverdespairgirl

drbeat wrote: »

Armageddon is not just something that means the end of the world. Take the 20th Century for example as they were many armageddons such as:

I've been there. It's nice, quiet, and interesting, but it does close at 5pm in the winter, so you need to get there in plenty of time.

Caparn

It seems this whole site is written without any evidence or references to its claims. It looks like it is just the writers point of view. I wish people who make these claims would explain why they think these things. 'Factoids' like the real rate of inflation has been lied about by the government have been made but with no evidence as to it actually being higher. He's just pulled his figures out of a hat!

shaven-monkey

i particularly liked

What is happening in the Western Nations today is no different to what happened in the closing stages of the Roman Empire.

You are doomed, please enroll in one of our seminars to be told how doomed you are and what you can do about it (free sample : nothing, you're doomed)

novazombie

RDB wrote: »

Yes the Yen is going up against other currencies at a ridiculousamount.

Moneyweek has been saying this for ages to buy into Japan they were right.


http://www.moneyweek.com/investment-advice/buy-japan-the-worlds-cheapest-developed-market-14109.aspx


and

http://www.moneyweek.com/news-and-charts/economics/japan-judders-to-a-halt-but-its-in-pole-position-for-the-next-lap-14117.aspx

Following the problems with Lehmann Bros and in the sub-prime lending market in America, banks in Iceland and the run on Northern Rock, HBOS and Bradford & Bingley in the UK, uncertainty has now hit Japan.

In the last 7 days Origami Bank has folded, Sumo Bank has gone belly up, and Bonsai Bank announced plans to cut some of its branches.
Yesterday, it was announced that Karaoke Bank is up for sale and will likely go for a song, while today shares in Kamikaze Bank were suspended after they nose-dived.
While Samurai Bank is soldiering on following sharp cutbacks, Ninja Bank is reported to have taken a hit, but they remain in the black.
Furthermore, 500 staff at Karate Bank got the chop, and analysts report that there is something fishy going on at Sushi Bank where it is feared that staff may get a raw deal

hethmar

bo_drinker wrote: »

Does anybody actually believe this sort of thing ???

Actually, Id love to believe in it.

1echidna

When things are apparently alright with the economy official sources make reasonable endeavours to honestly and accurately predict future trends. It seems to me though that when things to sour and uncertain they turn to optimistic projections in the hope that somehow they can talk the economy up. The constant downgrading of forecasts over the past year as events have unfolded has left many with little faith of official projections and the result is many have turned to independent analysts (being charitable given the quality of analysis some demonstrate) in blogs, internet discussion groups etc. Personally, except that it seems unlikely that we will be out of recession by the second half of 2009, I am little the wiser from all this offstage punditry. In times of profound uncertainty the tendency is to fear the worst (as demonstated by views in the OP's link) which in all probability won't happen.