From zero rates to financial holocaust

10 Responses to From zero rates to financial holocaust

1. Mother Earth | February 6, 2012 at 6:18 pm |

   Definitely worth a watch

2. Mother Earth | February 6, 2012 at 6:19 pm |

   Griat, blimy vidlink evaporanisched!

   http://www.youtube.com/watch?v=jM2qegHXdlY

3. lupe | February 6, 2012 at 8:04 pm |

   what is to keep the global banking/political cartel from going to all electronic money system and require all physical money to be turned in for electronic credits? any money not turned in will be come worthless after one year of the changeover. then, make it mandatory that any purchases made for corporate goods and services be paid by electronic money payment. all of this is enforced by the military powers of the corporate nations. gold, silver and guns will all be illegal… so only criminals will have guns and/or physical money.

4. Uptick | February 6, 2012 at 8:06 pm |

   ZIRP .. we are fucked .. no going back .. look at the japs

5. Al Kyder | February 6, 2012 at 10:14 pm |

   @ Mother Earth

   Thanks mother earth. I kinda feel sorry for those oath keepers. They dont have the numbers to overthrow their tyrannical masters.

   You know where they will be put during the next US military engagement, right up front where all the bullets will be flying.

6. Al Kyder | February 6, 2012 at 10:15 pm |

   @ maxkeiser

   So we will now be paying the banks to steal our money.

   What if we just stopped using their money?

   Its getting to that.

7. Steven Rowlandson | February 6, 2012 at 11:24 pm |

   To my way of thinking a zero interest rate policy is a golden oportunity for government to refinance the government debt and pay it off over 20 to 40 years while having a zero deficit policy backed up by a firing squad to deal with those subversive welfare statists, keynesians and other parasites.
   You never pay danegeld or bread and circuses to people for any reason.
   Given the magnitude of the mess made by the preceeding politicians and their diabolical cohorts the cruelest fiscal discipline would have to be imposed. The blame for the loss of goodies from the treasury must fall on the previous regimes because they caused the problem. A government that is paying down the debt can truthfully tell the citizens, “we didn’t promise to pay you people anything, we are just cleaning up the mess and getting the nation out of the financial crapper. If you don’t like it, don’t look.”
   As for political parties and elections I think such things are part of the problem and at the very least should be suspended until the moral and fiscal mess society is in is cleaned up inorder to prevent anyone from sabotaging the efforts to pay off government debt and break some bad habits.

8. ronron | February 7, 2012 at 12:45 am |

   fiat money is finally a complete fucking joke.

9. ronron | February 7, 2012 at 12:47 am |

   storage fees on paper money. hahahahaha.

10. Jayme | February 7, 2012 at 1:07 am |

    Who in their right mind would buy a negative interest rate bond? This sounds like someone’s been sniffing a little too long at the economic model glue.

    What jackasses.