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Endorsement:  I know that all of you fucking discordians are just a bunch of haters who seem to do anything you can to distance yourself from fucking anarchists which is just fine and dandy sit in your house on your computer and type inane shite all day until your fingers fall off.

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Financial fuckery thread

Started by Cain, March 12, 2009, 09:14:45 AM

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LMNO

QuoteWe have managed to combine the worst of capitalism and socialism.


sha-ZAM!

Cain

Although I'd like to point out that it would not be absurd until the capitalists bought out the socialists who took over the banks who took over the government, only to go bankrupt in making such a deal and having to rely on North Korea to bail them out.

maphdet

Quote from: Cain on April 08, 2009, 07:44:18 PM
Although I'd like to point out that it would not be absurd until the capitalists bought out the socialists who took over the banks who took over the government, only to go bankrupt in making such a deal and having to rely on North Korea to bail them out.



It just reminded me of the lady who lived in a shoe-sorry
I wish I was in Tijuana
Eating barbequed iguana-

wade

REALLY real discordians

i wouldnt hurt a fly
:thumb: :kojak:

Requia ☣

Quote from: Jenne on April 08, 2009, 02:44:37 PM
Quote from: Requia on April 08, 2009, 02:39:22 PM
Nope, thats normal, I wasn't clear apparently.

The farmers are getting payed less for food (including the the big factory farms), and grocery stores/food processors are charging the consumers more.

I know out here, with the water shortage/drought for the last 3 years, farmers are being asked to implement "dry farming."  Revenues from farming will be dropping precipitously, and I'm betting we'll be importing more and more from down south as the Summer waxes.

Does cali actually have water reserves to outlast the drought with, or are you just screwed?
Inflatable dolls are not recognized flotation devices.

Jenne

Quote from: Requia on April 09, 2009, 01:14:43 PM
Quote from: Jenne on April 08, 2009, 02:44:37 PM
Quote from: Requia on April 08, 2009, 02:39:22 PM
Nope, thats normal, I wasn't clear apparently.

The farmers are getting payed less for food (including the the big factory farms), and grocery stores/food processors are charging the consumers more.

I know out here, with the water shortage/drought for the last 3 years, farmers are being asked to implement "dry farming."  Revenues from farming will be dropping precipitously, and I'm betting we'll be importing more and more from down south as the Summer waxes.

Does cali actually have water reserves to outlast the drought with, or are you just screwed?

Depends on who you talk to.  I mean, looking at how much farming we do, we are either in the top tier for production with what we have, or are at the bottom for how little infrastructure we keep up with and maintain or improve.  :lol:  Again, we're run like a small country over here, not just a state or a principality of a main one.

The farmers are screwed, really, is what it comes down to.  Fire damage, weather and economic times have really really fucked over their bottom line.  But I think that these are the types of situations that create better solutions, so *shrug* I think it's possible to u-turn slightly out of it.  Price of avodados and tomatoes will just be fucking high all summer is all.

Adios

All of the water in Colorado is in California.

Jenne

I'm not denying we're greedy buggers for other states' water.  Or are you just saying that it rains alot in CO?  :lol:

Adios

Some Colo genius a few decades ago sold all the water rights to Cali.

Richter

I'm a petty, spiteful man.  I'd say take a dump in the river. 
(Fairly certain this has happened already though.)
Quote from: Eater of Clowns on May 22, 2015, 03:00:53 AM
Anyone ever think about how Richter inhabits the same reality as you and just scream and scream and scream, but in a good way?   :lulz:

Friendly Neighborhood Mentat

Cain


Cain


Honey

Quote"What they did is wrong and fundamentally un-American," he said. "Even though the government told us to take this money to increase our lending, the extra charge meant we had less money to lend. It was the equivalent of a penalty for early withdrawal."

Whining about corporate welfare AGAIN!
Fuck the status quo!

The trouble with the world is that the stupid are cocksure & the intelligent are full of doubt.
-Bertrand Russell

Cain

Also found this: http://www.theatlantic.com/doc/200905/imf-advice

Last page is the most relevant

QuoteIn my view, the U.S. faces two plausible scenarios. The first involves complicated bank-by-bank deals and a continual drumbeat of (repeated) bailouts, like the ones we saw in February with Citigroup and AIG. The administration will try to muddle through, and confusion will reign.

Boris Fyodorov, the late finance minister of Russia, struggled for much of the past 20 years against oligarchs, corruption, and abuse of authority in all its forms. He liked to say that confusion and chaos were very much in the interests of the powerful—letting them take things, legally and illegally, with impunity. When inflation is high, who can say what a piece of property is really worth? When the credit system is supported by byzantine government arrangements and backroom deals, how do you know that you aren't being fleeced?

Our future could be one in which continued tumult feeds the looting of the financial system, and we talk more and more about exactly how our oligarchs became bandits and how the economy just can't seem to get into gear.

The second scenario begins more bleakly, and might end that way too. But it does provide at least some hope that we'll be shaken out of our torpor. It goes like this: the global economy continues to deteriorate, the banking system in east-central Europe collapses, and—because eastern Europe's banks are mostly owned by western European banks—justifiable fears of government insolvency spread throughout the Continent. Creditors take further hits and confidence falls further. The Asian economies that export manufactured goods are devastated, and the commodity producers in Latin America and Africa are not much better off. A dramatic worsening of the global environment forces the U.S. economy, already staggering, down onto both knees. The baseline growth rates used in the administration's current budget are increasingly seen as unrealistic, and the rosy "stress scenario" that the U.S. Treasury is currently using to evaluate banks' balance sheets becomes a source of great embarrassment.

Under this kind of pressure, and faced with the prospect of a national and global collapse, minds may become more concentrated.

The conventional wisdom among the elite is still that the current slump "cannot be as bad as the Great Depression." This view is wrong. What we face now could, in fact, be worse than the Great Depression—because the world is now so much more interconnected and because the banking sector is now so big. We face a synchronized downturn in almost all countries, a weakening of confidence among individuals and firms, and major problems for government finances. If our leadership wakes up to the potential consequences, we may yet see dramatic action on the banking system and a breaking of the old elite. Let us hope it is not then too late.

the other anonymous

This thread depresses me.

Will the post-economic America still have gun dealers, and what currency will I need to purchase a few dozen?

-toa,
the strategic brain behind America's next dictator