United States has engineered the Economic Crisis

[Dr. Oza]

Or at least i think so...

think about it, the banks that were issuing these mortgages such as citi or boa turned right around and sold them all to European and Asian banks who believed they were good, so now the American crises has messed up most of Europe and Asia..

and now the logic behind it

the United States currently has the strongest economy in the world and is under threat from rising economies in asia and the eu as a whole, so why not bring the whole world down, cause altho the us economy will also suffer, it wont be the extent of everyone elses and be marginal (trust me, the only people in about the economy are idiots who bought 2 mill homes when they make 60 gs a year) the rejuviration from the afterwards of this event will allow the usa to begin another century of economic dominance

facts:

the bush administration's pick for the federal agency supposed to watch the banks was content to not file a single case against any main bank in 8 years, and shoot down any cases recommended by superiors

the selling of american loans to chinese and european banks is a established known

for 5-8 years, banks gave out loans for million dollar homes to waiters and drivers.

..... so... thoughts???
is this feasible?

or am i the guy with cone shaped tin hat in his basement

[cfmonkey45]

because of course the United States controls banking practices in Europe from America, right?

Maybe its the Jews. They must be responsible. [/sarcasm]



It was greed, stupidity, and bad guidance.

[Sidmen]

Sounds a bit light shooting someone else in the foot so you can win a race; but shooting yourself in the foot at the same time.

The simplest answer is almost always the correct one; that everyone at the top was incompetent and didn't see the problem till it was too late to prevent it.

[Dr. Oza]

Sounds a bit light shooting someone else in the foot so you can win a race; but shooting yourself in the foot at the same time.

The simplest answer is almost always the correct one; that everyone at the top was incompetent and didn't see the problem till it was too late to prevent it.

yea thats what i think as well
i was just speculating, because the us is such a powerful nation that some of the stupid things that were done seem too stupid

[Viking Prince]

I just love master plans.

And conspiracies.

Best of all, I love master plan conspiracies.

If there is a god of moderation, this thread will be closed.

[Gideon Goldgod]

I just love master plans.
And conspiracies.
Best of all, I love master plan conspiracies.

If there is a god of moderation, this thread will be closed.

Oh yeah, this thread is totally worthless. Let's get back to atheist talk for 15 pages back and forth, that's really so much more important. (of course this was sarcasm)

Anyway.

I have noticed some things about conspiracy theories and those who voice them. These are the people that think outside the box, and that is truly always needed. We don't need robots plodding around shooting down all independent thought like prince here, do we?

Is it so hard to believe though that very very rich and very very powerful people would get together to control the plebes a little better, and enrich themselves further with power and cash at the same time? Who would have thought there would ever have been an EU in the past, or there would ever have been a NAFTA? 'The People' in all these democracies/republics never did get to truly vote on these things that take away the independence of their own nations, so what's so strange about asking questions?

[bushbush]

give me back my 5 min back reading this thread.

[Idwayreth]

i wouldn't put it past them to try something like that.

[removeduser_487563287433]

Or at least i think so...

think about it, the banks that were issuing these mortgages such as citi or boa turned right around and sold them all to European and Asian banks who believed they were good, so now the American crises has messed up most of Europe and Asia..

and now the logic behind it

the United States currently has the strongest economy in the world and is under threat from rising economies in asia and the eu as a whole, so why not bring the whole world down, cause altho the us economy will also suffer, it wont be the extent of everyone elses and be marginal (trust me, the only people in about the economy are idiots who bought 2 mill homes when they make 60 gs a year) the rejuviration from the afterwards of this event will allow the usa to begin another century of economic dominance

facts:

the bush administration's pick for the federal agency supposed to watch the banks was content to not file a single case against any main bank in 8 years, and shoot down any cases recommended by superiors

the selling of american loans to chinese and european banks is a established known

for 5-8 years, banks gave out loans for million dollar homes to waiters and drivers.

..... so... thoughts???
is this feasible?

or am i the guy with cone shaped tin hat in his basement

Yeah, that's nonsense. The root of the financial crisis is simple human greed, on the behalf of bankers, customers and governments and it has been repeated in more countries than just America.

[Thanatos]

We engineered the economic crisis? Are you kidding me? When America is spending billions and billions of dollars in debt, not to mention Iraq, you think we're just going to manufacture an economic debt so we can weaken ourselves even further?

Really now, OP?

[Gideon Goldgod]

We engineered the economic crisis? Are you kidding me? When America is spending billions and billions of dollars in debt, not to mention Iraq, you think we're just going to manufacture an economic debt so we can weaken ourselves even further?

Really now, OP?

Who said the US is weakened? The USA hasn't had a President balance the budget since Jackson. The USA has run negative for a long time without many problems. Who's going to force the US Govt, that cannot be sued, to pay up?

Does anybody here believe President Obama is that different to President Bush in that they are both controlled by large corporations?
Let's just look at some past recessions/depressions and what banks did that are exactly similar to exactly what is going on now. It is not a huge stretch to believe recessions can be manufactured. Hell, we had a supposed NeoCon President turn Socialist in 1 month, that would be unbelievable.

[Exarch]

OP
elaborate on your point that

the United States currently has the strongest economy in the world and is under threat from rising economies in asia and the eu as a whole, so why not bring the whole world down, cause altho the us economy will also suffer, it wont be the extent of everyone elses and be marginal (trust me, the only people in about the economy are idiots who bought 2 mill homes when they make 60 gs a year) the rejuviration from the afterwards of this event will allow the usa to begin another century of economic dominance

cuz it's just not adding up for me or for the millions of jobless worldwide

[removeduser_487563287433]

Didn't Clinton have a budget surplus?

[IrishHitman]

Or at least i think so...

think about it, the banks that were issuing these mortgages such as citi or boa turned right around and sold them all to European and Asian banks who believed they were good, so now the American crises has messed up most of Europe and Asia..

and now the logic behind it

the United States currently has the strongest economy in the world and is under threat from rising economies in asia and the eu as a whole, so why not bring the whole world down, cause altho the us economy will also suffer, it wont be the extent of everyone elses and be marginal (trust me, the only people in about the economy are idiots who bought 2 mill homes when they make 60 gs a year) the rejuviration from the afterwards of this event will allow the usa to begin another century of economic dominance

facts:

the bush administration's pick for the federal agency supposed to watch the banks was content to not file a single case against any main bank in 8 years, and shoot down any cases recommended by superiors

the selling of american loans to chinese and european banks is a established known

for 5-8 years, banks gave out loans for million dollar homes to waiters and drivers.

..... so... thoughts???
is this feasible?

or am i the guy with cone shaped tin hat in his basement

You do realise that this crisis could potentially break US power globally, right? That's a far too steep bet for businessmen, who try to eliminate risk, to take.

Didn't Clinton have a budget surplus?

He did indeed, but he also reduced the US military budget if memory serves.
Unlike Obama, who is increasing it slightly.

[Gideon Goldgod]

You do realise that this crisis could potentially break US power globally, right? That's a far too steep bet for businessmen, who try to eliminate risk, to take.

Sure it will....
The US will suddenly destroy its nuclear arsenal, disband all its aircraft carriers, and cut it's military presence around the world to 1%.

Just because there isn't any money doesn't mean the weapons and people go away. Money is just paper, the USA is more than that.

Also, out of every absolute world depression comes, I don't want to go too far so I'll just say conflict. Who is it that President Obama has said he looked up to more than other President? Wasn't it FDR? Things happen, and they really happen when we stress the situation.

[IrishHitman]

Sure it will....
The US will suddenly destroy its nuclear arsenal, disband all its aircraft carriers, and cut it's military presence around the world to 1%.

Just because there isn't any money doesn't mean the weapons and people go away. Money is just paper, the USA is more than that.

Also, out of every absolute world depression comes, I don't want to go too far so I'll just say conflict. Who is it that President Obama has said he looked up to more than other President? Wasn't it FDR? Things happen, and they really happen when we stress the situation.

The real power of capitalist countries is in money.
Aircraft carriers and nukes are great, but US influence was not built by the gun alone.

[Gideon Goldgod]

The real power of capitalist countries is in money.
Aircraft carriers and nukes are great, but US influence was not built by the gun alone.

Wasn't it? The west was won, the country of Mexico was fought to further the power of the USA, we even built a huge navy with the intent of furthering our trade empire (historically).
Guns and Cash always go together. We opened up Japan to trade through the use of battleships, for instance.

The USA has power because of a win in WWII and the win of the Cold War. Both involved cash and guns.

[IrishHitman]

Wasn't it? The west was won, the country of Mexico was fought to further the power of the USA, we even built a huge navy with the intent of furthering our trade empire (historically).
Guns and Cash always go together. We opened up Japan to trade through the use of battleships, for instance.

The USA has power because of a win in WWII and the win of the Cold War. Both involved cash and guns.

Yes, but you don't seem to realise that without one, the other is useless.

[Gideon Goldgod]

I was trying to have somebody bring up bonds, which isn't cash, but just a promise that if we win you'll get some money back.

Manpower and resources are more important than cash at the moment. That's what I tried to get at. Thanks. Lend lease is pretty much the same thing, a promise of cash later.

The point is made though. Cash isn't king in a crisis.

[Viking Prince]

I was trying to have somebody bring up bonds, which isn't cash, but just a promise that if we win you'll get some money back.

Manpower and resources are more important than cash at the moment. That's what I tried to get at. Thanks. Lend lease is pretty much the same thing, a promise of cash later.

The point is made though. Cash isn't king in a crisis.

You still do not get it. Cash is only a medium of exchange in a very liquid form. Bonds and other financial intruments are timing devices but essentially the same as cash. Cash has no intrinsic value. You do not put it in a mattress. You eat, sleep, and play with objects and services through consumption. Cash is a medium to allow your specialized labor to be pooled with all labor to produce all goods and services and then divy up the output. That is all cash is good for.