Showing posts with label FINANCIAL. Show all posts
Showing posts with label FINANCIAL. Show all posts
Sunday, 16 November 2014
WORLD'S ECONOMISTS Call Ireland Stupid
In this Keiser Report, Max Keiser and Stacy Herbert discuss Timothy Franz Geithner the American economic policy maker and central banker, who served as the 75th United States Secretary of the Treasury, under President Barack Obama, calling Ireland stupid and also discuss ‘numpty’ taxes and ‘stupid’ Ireland again as bankers and central bankers, treat everyone else like the ‘muppets’ they believe we are. They also discuss Angela Merkel refusing to meet with Timothy Geithner and how it is that QE is causing deflation. In the second half, Max interviews Matt Taibbi about his Rolling Stone Alayne Fleischmann, exclusive on the JP Morgan whistleblower, Timothy Franz Geithner who was interviewed in the previous episode of the Keiser Report.
#right2water,
CURRENT STATUS OF VIDEO NEEDS TO BE CLARIFIED BY AUTHOR TO AVOID CONFUSION
Currently there is a peaceful revolution happening in Ireland. It is more of a process rather than an event. The people are awakening and rising. The country is approaching a political crossroads, with some hard choices to be made the principal being?
A) A Socialist Republic joining BRICS.
B) Integrating further with a creeping Neo-Fascist Europe.
C) Leave the EU with England for a Federal Republic of Commonwealth.
D) Slide into chaos and anarchy.
While these choices are initially repugnant to most Irish people's ideals, it would be wise, if people considered them carefully, in the cold light of day, in order to make a peaceful transition.
DEC 10 - 1 P.M. LEINSTER HOUSE
MAIREAD FARRELL
OUR HEAD IS OUR BEST WEAPON
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Saturday, 6 April 2013
OFFSHORE FINANCIAL TSUNAMI OF CYPRUS STYLE RAIDS ON CITY OF LONDON CARCASS
BAILOUT BITES!
Its a slow day in a damp little Irish town. The rain is beating down and the streets are deserted.On this particular day a rich German tourist is driving through the town, stops at the local hotel and lays a €100 note on the desk, telling the hotel owner he wants to inspect the rooms upstairs in order to pick one to spend the night.
The owner gives him some keys and, as soon as the visitor has walked upstairs, the hotelier grabs the €100 note and runs next door to pay his debt to the butcher.
The butcher takes the €100 note and runs down the street to repay his debt to the pig farmer.
The pig farmer takes the €100 note and heads off to pay his bill at the supplier of feed and fuel.
The fella at the Farmers’ Co-op takes the €100 note and runs to pay his drinks bill at the pub.
The publican slips the money along to the local prostitute drinking at the bar, who has also been facing hard times and has had to offer him “services” on credit.
The whore then rushes to the hotel and pays off her room bill to the hotel owner with the €100 note.
The hotel proprietor then places the €100 note back on the counter so the rich traveller will not suspect anything.
At that moment the traveller comes down the stairs, picks up the €100 note, states that the rooms are not satisfactory, pockets the money, and leaves town.
No one produced anything. No one earned anything. However, the whole town is now out of debt and looking to the future with a lot more optimism.
And that, is how the Irish bailout works
."Using fast neutrons, the mercury isotope 198Hg, which composes 9.97% of natural mercury, can be converted by splitting off a neutron and becoming 197Hg, which then disintegrates to stable gold. This reaction, however, possesses a smaller activation cross-section and is feasible only with un-moderated reactors."
I wonder at what price of gold relative to the operation cost of an un-moderated reactor would this be economically viable.
Ignore the issue of "money", it is irrelevant. The issue is energy. (And it takes a shitload of energy to convert lead into gold moron) Society has enjoyed the current standard of living because of the excess energy available to society (oil, coal, natural gas, fusion reactors). Without that excess energy, everybody will be farming the fucking backyard. All of our energy will simply go into feeding ourselves, there won't be shit left over to innovate anything, much less turn lead into fucking gold. Halarious.
"pick your favorite pet project=welfare for corporate (pick your favorite corporation)" - FIXED Sorry, did you have a fucking point? The god damn corporation own everything, including you and your "representation". This is where all democracies end up and why the republic should have been worth preserving and fighting for
Equities bubble? Real estate bubble? Healthcare bubble? Credit card debt bubble? Pension bubble? Tuition bubble? Precious metals bubble? Gas bubble. Ammunition bubble?
"pick your favorite pet project=welfare for corporate (pick your favorite corporation)" - FIXED Sorry, did you have a fucking point? The god damn corporation own everything, including you and your "representation". This is where all democracies end up and why the republic should have been worth preserving and fighting for
Equities bubble? Real estate bubble? Healthcare bubble? Credit card debt bubble? Pension bubble? Tuition bubble? Precious metals bubble? Gas bubble. Ammunition bubble?
What inflation?
Bitcoin bubble? 10 USD in January to 140 USD now. 1960 USD in August? 27440 USD in December?
How long can a bubble trade sideways at the top? bitcoin is back up over $140 again, but it has been moving sideways for days. It could stabilize around this price, if it stops increasing exponentially faster and faster, but does not collapse either.
Boris - Bubble? What is bubble?!
Bitcoin bubble? 10 USD in January to 140 USD now. 1960 USD in August? 27440 USD in December?
How long can a bubble trade sideways at the top? bitcoin is back up over $140 again, but it has been moving sideways for days. It could stabilize around this price, if it stops increasing exponentially faster and faster, but does not collapse either.
Boris - Bubble? What is bubble?!
You see them when you let rip a fart in the bathtub
Ireland,
Ireland
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