Here ya go…
I’ll tell you what they say to me: Quite obviously THERE ALL THE BLOODY SAME.!!!!
There is no independence between them. The forces manipulating one market are exactly the same as the forces manipulating all the other markets. Globalisation? Call it that it you want. Here’s a better name: The New World Order.
It confirms what I suspected saw as a young teenager, but having better things to do with my life-force, I didn’t care, and that is that the DOW was (in index terms) usually twice that of the FTSE.
I am sick and tired of people going about the financial fraud as if…
a) it’s a good system
b) it just happened to turn bad
c) it’s OK to engage in it to ‘earn’ money
d) it will get better (bar a smokescreen)
e) Ordinary people actually understand anything about it or should be involved in it
e) Most “Leaders” (like Bush and Scarcosy) understand anything about it or will bring about a sustainable and fair system in the future.
f) It will ever benefit most people on the planet.
Lets go back to the beginning of it all. Remember, they said it all started from this “subprime” nonesence. I calculated, crudly yes, how many people must have TOTALLY defaulted on the loans they were fraudulently sold. I said to myself at the time, there is no way that them not repaying their loans could cause such big losses. It was also obvious that if this was going to be such a big problem, then simply arrange for them to pay off the debt in a manner they could afford.
The sub-prime scam then kinda morphed into the second phrase of all this rubbish: The bailout of building societies, characterised by Northern Rock. It was a very artistic dynamic fraud, as was the governments aquisition of the parsons nose of NR, allowing the prime cuts go to some private off-shore.
Then we had the full blown credit crunch, where utterly surreally, banks stopped giving credit to each other. If you try and make even a simple model of why and how banks ‘lend credit’ as if credit is a restricted tangeable good, to EACH OTHER, you will see this is completely scambolic too.
Then we had the bailout and massive “losses” in share price and conglomeratisation of some of the most leach like businesses on the planet. We also had “Iceland”, Asian stocks collapsing, the IMF borrowing to debt ridden Pakistan – yes Pakistan a country with many 10%’res and now headed(supposedly) by one. Pakistan – a nation bankrupt, full of 100M+ poor and basically decent people who are paying for someone elses mistakes, and a country one that will never make a profit to repay the loan. Don’t forget Hungary. Now we have Ford and GM knocking on the door and the Chinese panicking as they relise the American toilet paper they did so much to accumulate is worthless and so they are doing what they can to prop up that federal Reserve scam. Suckers!.
Remember ALL this was supposed to be because of a relatively small number of people in the US not paying off a loan – people who got turfed out of their house – a house which then appeared on the asset ledgers of these scummy banks that (probably illegally) hoodwinked some poor USans into trying to buy in the first place.
Yes, that’s right, those small number of people in the US have brought the world coming to a crashing halt.
Not only that, we have Indian warships trying to kill people (to the cheers of the international comminity) accused of being pirates, no investgation, no trial, no fine, no jail time, Just death. Add that into the largely fradulent War OF Terror and you see what a scummy pestilance humans allow themselves to be lead by the noese by. We also have revelations that the IPCC data for global warming is (like many people who can think for more than 10 seconds) not quite what we are being told, while were being slowly biometrically databasesd, powered with million year, death inducing radio isotope pruduction, and stuffed (if were lucky) with toxic GM food and injected with non-human protiens and DNA laced with a dash of ethylmercury.
ITS ALL RUBBISH! – Stop this planet, I want a better one.