The ‘crisis’ started in ’71 when the world tried a new experiment; floating fiat currenies with no anchor. It failed. Until this root cause of the crisis is addressed expect more ‘Disaster Capitalism’ and widening wealth and income gaps

10 Responses to The ‘crisis’ started in ’71 when the world tried a new experiment; floating fiat currenies with no anchor. It failed. Until this root cause of the crisis is addressed expect more ‘Disaster Capitalism’ and widening wealth and income gaps

1. Al Kyder | March 1, 2012 at 10:26 am |

   Something is up here

   The UK is going for full EU membership, with €€€

   Maybe they decided that they cant destroy the EU from outside so they have to join it.

2. John Robb | March 1, 2012 at 11:41 am |

   “Standard Chartered boss warns that pumping huge sums into Western economies could have unforeseen consequences”

   That’s good news to me, because all the foreseen consequences look pretty grim.

3. Harry | March 1, 2012 at 11:47 am |

   Bullish!

4. chris m | March 1, 2012 at 12:04 pm |

   ‘quantitative easing is ‘laying seeds for next crisis’
   surprise, surprise
   who would have guessed?

5. Helter Skelter | March 1, 2012 at 1:22 pm |

   @ chris m
   Yeah…printing money causes inflation…no fucking shit Sherlock…lmao

6. Helter Skelter | March 1, 2012 at 1:25 pm |

   Or deflation..Call it what you will…We are getting robbed

7. John Robb | March 1, 2012 at 1:52 pm |

   @H. Skelter

   As usual, having done most of the dirty work, Dr. Watson soon discovered the source of Sherlock’s constipation…
   http://www.youtube.com/watch?v=bZQtM8R2YZ4&t=51s

   But being a Keynesian doctor, he then surmised a dubious prognosis…
   http://www.youtube.com/watch?v=CMmAaeMe3P0&t=48s

8. Astraea | March 1, 2012 at 5:17 pm |

   Since he is in the very heart of the heart of the darkness – WHAT exactly is going on here?

   Max, Stacy, please bring a lot of light into this and what this slippery slithery man(sic) is up to.

9. Helter Skelter | March 1, 2012 at 6:02 pm |

   @ Al Kyder
   With all due respect ..What are you talking about? the UK is a full member of the EU it just didn’t and has no intention of adopting the Euro as it’s currency.

10. Becky | March 2, 2012 at 12:19 am |

    @Helter Skelter

    Did notice that…doesn’t he know its “God Save The Queen” here? Still, AUSTERITY is still the name of the game so its semantics really.