What are your thoughts on this?

[MuSuLPhReAk]

It's aimed at Americans but the general message in the video can be applied to all imo. What do you think? Alarmists, truth, possible, nothing to worry about?


http://www.youtube.com/watch?v=WCxBDDk4Y-M

[burgerking]

Truth.

[cog]

People were concerned 30 years ago.Many adopted self sufficient lifestyles in the pacific nw.

[nii]

Quite typical from people with very little education who dont understand the world around them. To combine issues such as economics, 'acts of god' and sustainability of nuclear energy into a message 'we're all ****ed' proves the point quite nicely.

I can almost guarantee the poster has no fundamental knowledge of our monetary system or north american energy demand/supply. You can find these scare stories throughout the decades, pp fear what they dont understand.

Best way to find out for yourself, put down the remote and pick up a book.

[Mr.Freeze]

Wrong, the guy is right on the dot, our monetary system is rigged, its all a scam.
Like you said, just need to do a bit of searching to find out the truth.

[nii]

Wrong, the guy is right on the dot, our monetary system is rigged, its all a scam.
Like you said, just need to do a bit of searching to find out the truth.

I dont necessarily disagree with you, but there's a difference between arguing a point based on an understanding of the underlying facts, and repeating someone else's opinion. Most people dont understand the concept of Fractional Reserve banking or how our money supply is generated nevermind understanding WHY these systems were put in place.

[cog]

I dont necessarily disagree with you, but there's a difference between arguing a point based on an understanding of the underlying facts, and repeating someone else's opinion. Most people dont understand the concept of Fractional Reserve banking or how our money supply is generated nevermind understanding WHY these systems were put in place.

Was it Greenspan who said that things didn't pan out quite the way he expected?I guess you were not among the many experts who went back to school in that recent financial crisis?There is a reason the Italian banks didn't get involved in all that nonsense.Toilet paper would have been almost as good.

[nii]

Was it Greenspan who said that things didn't pan out quite the way he expected?I guess you were not among the many experts who went back to school in that recent financial crisis?There is a reason the Italian banks didn't get involved in all that nonsense.Toilet paper would have been almost as good.
Now we're talking apples and oranges. What Greenspan was referring to was a 100% free market (zero regulation). The implication is the market will regulate itself (the consumer in the end has the final say) so there is no need for gov intervention. He was referring to the heavy deregulation of financial service firms and institional investors that was done in the 80's and 90's(something very different from a monetary system). This was specific to US Banks, note Canadian banks are heavily regulated in terms of issuing sub prime mortgages. This is why our Financial system did not suffer what the US is going through, but yes what happened in the US affects everyone. Theres a decent documentary that deals with Fin Serv firms and touches on what exactly happened, called Inside Job link (http://torrents.thepiratebay.org/6205718/Inside_Job_2010_LiMiTED_720p_BRRip_x264-HDLiTE.6205718.TPB.torrent).

Monetary system refers to our money supply, and basically anything the Central Bank does to control it.

[O-Train]

I thought the video was a jumbled up mess. Lions and Tigers and Bears...oh my...

[cog]

I thought the video was a jumbled up mess. Lions and Tigers and Bears...oh my...

The U.S does have itself in for some reckoning...Canada also continues to post deficits...what happens to turn it around?

[cog]

And the Europeans?Germany supporting the whole mess.After WW11 in Yugoslavia Tito's forces were getting even with people on the wrong side.They would tie or chain 10 people together at the edge of a gorge and throw the first one over.Second guy struggles to hold the first.Eventually tires and the second guy goes over...it doesn't have to be planned,plenty of nations are living beyond their means...

[faller]

Well i made it to 1:08 :) Same old same old.. Fear mongering, doomsayers with all those catchy phrases that makes you want to go hide in a corner and "OMG!!" with just the right amount of background music to give you that ebe jebe feeling... :rolleyes:

(this is in regards to the vid, NOT the OP) Just in case it came across like that :)

[MuSuLPhReAk]

(this is in regards to the vid, NOT the OP) Just in case it came across like that :)

No offense taken. I just see a lot of people post stuff up like this on FB and no one discusses it.

[Mr.Freeze]

Here's a good movie that will help people understand a few things..


http://www.youtube.com/watch?v=VebOTc-7shU

[Mr.Freeze]

That one is pretty good too.


http://www.youtube.com/watch?v=eAaQNACwaLw

[cog]

Well i made it to 1:08 :) Same old same old.. Fear mongering, doomsayers with all those catchy phrases that makes you want to go hide in a corner and "OMG!!" with just the right amount of background music to give you that ebe jebe feeling... :rolleyes:

(this is in regards to the vid, NOT the OP) Just in case it came across like that :)

And what will happen to your wife's income if interest rates rise to recoup all the losses these banks suffer?

[faller]

And what will happen to your wife's income if interest rates rise to recoup all the losses these banks suffer?

We pull our bootstraps up and deal with it like we have with all adversity thrown at us at one time or another.

Look, i can take what is being said in that vid, make some minor changes, and apply it to just about any fear mongering topic, be it deforestation, global warming, ice age ( remember the 70's?) impending nuclear holocaust (50's) endangered species, etc etc etc... I've heard it all, different topic, same old magic.

[fitfanatik]

http://www.youtube.com/watch?v=sdI1l_0667M


http://www.youtube.com/watch?v=FJiCU6Jw0Co


http://www.youtube.com/watch?v=14Bn3uYqaXA


http://www.youtube.com/watch?v=vrXgLhkv21Y


http://www.youtube.com/watch?v=x-CrNlilZho


http://www.youtube.com/watch?v=OVMyH8eOHKs

[Feenom]

I'll throw my hat in this one.

http://www.zeitgeistmovie.com/

Start with the 2007 one then 2008 and the last one 2011.

Here is the 2011 trailer. The full movie has been watched 4.6 million times.

http://www.youtube.com/watch?v=QYLLFpNn4lM

[cog]

We pull our bootstraps up and deal with it like we have with all adversity thrown at us at one time or another.

Look, i can take what is being said in that vid, make some minor changes, and apply it to just about any fear mongering topic, be it deforestation, global warming, ice age ( remember the 70's?) impending nuclear holocaust (50's) endangered species, etc etc etc... I've heard it all, different topic, same old magic.
What the U.S is facing is simple arithmetic.

[faller]

There's nothing simple about it, from what i've seen and read the only one here that has a reality grasp and understanding of it is nii, the rest of us, meh, we get all worked up over retarded youtube and think we know whats going on.

[cog]

There's nothing simple about it, from what i've seen and read the only one here that has a reality grasp and understanding of it is nii, the rest of us, meh, we get all worked up over retarded youtube and think we know whats going on.

I'm not worked up over any of the lions tigers and bears in the vid.Actually,I would like to hear nii explain what the remedies are....so far just some posing...:)

[nii]

I'm not worked up over any of the lions tigers and bears in the vid.Actually,I would like to hear nii explain what the remedies are....so far just some posing...:)

I don't have nearly enough knowledge about the topic to suggest solutions. My studies have only touched upon how things currently work and why they were put in place. I wouldn't have the first clue on where to start.

The vid just rubbed me the wrong way was all, but atleast it got a discussion going.

[JifeLacket]

'where is all the empathy towards humans' or w.e that guy said

Humans are animals, i dont care about japan, japan doesnt care about me.

:)

[rob66679]

Now we're talking apples and oranges. What Greenspan was referring to was a 100% free market (zero regulation). The implication is the market will regulate itself (the consumer in the end has the final say) so there is no need for gov intervention. He was referring to the heavy deregulation of financial service firms and institional investors that was done in the 80's and 90's(something very different from a monetary system). This was specific to US Banks, note Canadian banks are heavily regulated in terms of issuing sub prime mortgages. This is why our Financial system did not suffer what the US is going through, but yes what happened in the US affects everyone. Theres a decent documentary that deals with Fin Serv firms and touches on what exactly happened, called Inside Job link (http://torrents.thepiratebay.org/6205718/Inside_Job_2010_LiMiTED_720p_BRRip_x264-HDLiTE.6205718.TPB.torrent).

Monetary system refers to our money supply, and basically anything the Central Bank does to control it.

So how scary is it when the Central Bank is privately owned and decides when, and how much, money to print? IMHO the recession has shown us that our prosperity is directly linked to whatever happens south of us, and that the top 1% don't give a **** about the lower 99%......

I don't know how everything in that video is linked either.
I am not a big fan of Alex Jones, but Zietgeist is a very worth while watch.
Its not so much conspiricy based but you see who really calls the shots, and how its been progressing for the last 2 hundred years..... history is definitely repeating itself.
America is 13 trillion dollars in the hole..... 13 trillion....... That is a time bomb, and nobody has the answer for it. Eventually it will sink them, we'll go down with them, and China will be in the drivers seat.

[cog]

Hadn't heard from you in some time Rob.I was starting to wonder if you had been shipped off to the gulags.

[nii]

So how scary is it when the Central Bank is privately owned and decides when, and how much, money to print? IMHO the recession has shown us that our prosperity is directly linked to whatever happens south of us, and that the top 1% don't give a **** about the lower 99%......

I don't know how everything in that video is linked either.
I am not a big fan of Alex Jones, but Zietgeist is a very worth while watch.
Its not so much conspiricy based but you see who really calls the shots, and how its been progressing for the last 2 hundred years..... history is definitely repeating itself.
America is 13 trillion dollars in the hole..... 13 trillion....... That is a time bomb, and nobody has the answer for it. Eventually it will sink them, we'll go down with them, and China will be in the drivers seat.

I had written a huge post... but realized im spending too much time on it lol.

I'm a huge fan of the zeitgeist series, it brings up some great points about all sorts of topics. Particularly their 9/11 series. But the trouble is, if you know very little about the subject, its hard to learn anything because u have no context to put it in. You basically just take their word for it.

Let's take their 9/11 series, as an engineer i could agree with almost everything they said. But i knew where to draw the line. Some of the conclusions they drew i didn't necessarily agree with. I had some context.

Their economics series brought up great points. That our current system or analysis of economies doesn't include huge factors known as externalities... ****.. again spending too much time.

[rob66679]

Hadn't heard from you in some time Rob.I was starting to wonder if you had been shipped off to the gulags.

Its nice to be missed lol, I got back to work and don't have as much time to troll around anymore lol.
I do miss the conversations on here though, gotta get on more.

[rob66679]

I had written a huge post... but realized im spending too much time on it lol.

I'm a huge fan of the zeitgeist series, it brings up some great points about all sorts of topics. Particularly their 9/11 series. But the trouble is, if you know very little about the subject, its hard to learn anything because u have no context to put it in. You basically just take their word for it.

Let's take their 9/11 series, as an engineer i could agree with almost everything they said. But i knew where to draw the line. Some of the conclusions they drew i didn't necessarily agree with. I had some context.

Their economics series brought up great points. That our current system or analysis of economies doesn't include huge factors known as externalities... ****.. again spending too much time.

I'll be the first one to admit that I'm a layman at best when it comes to Engineering or Economics, but I do try to understand as best I can the basics of things.
As someone who knew absolutely nothing about the American Financial System at all, the whole concept of a central bank that is privately owned, with a licence to print money facinates me...... After seeing how the banks were willing to put short term gain ahead of everything in the events that lead up to the recession, and the amount of greed involved at the top ( to the point of being criminal ) its a really scary thing IMHO.
That is if what I saw is accurate lol........... So is the zeitgeist regarding the Federal reserve accurate?

[faller]

But the trouble is, if you know very little about the subject, its hard to learn anything because u have no context to put it in. You basically just take their word for it..

BINGO!!

I used to be a news junkie years ago, I'd watch shows like Suzuki because i believed they were informing me on subjects that i new nothing about. All that started to change for me when they would cover subjects that i was fairly knowledgeable on and I'd sit back and think "wait a minute that's all wrong". Than i started to wander how much truth there was in subjects i knew nothing about.

They call this the age of information, i call it the age of disinformation..

[cog]

BINGO!!

I used to be a news junkie years ago, I'd watch shows like Suzuki because i believed they were informing me on subjects that i new nothing about. All that started to change for me when they would cover subjects that i was fairly knowledgeable on and I'd sit back and think "wait a minute that's all wrong". Than i started to wander how much truth there was in subjects i knew nothing about.

They call this the age of information, i call it the age of disinformation..

I agree with this.So much deliberate misinformation going on,and revisionism.I have to laugh,in 1974 Andrei Sakharov,a prominent Soviet nuclear physicist,predicted a universal information system would happen.And solve all our information problems.Only thing is,he thought that this system would contain the truth!You can find his prediction near the bottom of the page.

http://en.wikipedia.org/wiki/Andrei_Sakharov