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Economy => Economics => Topic started by: johnyj on August 07, 2013, 10:40:21 AM



Title: "Big Banks Conspiracy is destroying America" - Market Watch
Post by: johnyj on August 07, 2013, 10:40:21 AM
http://www.marketwatch.com/story/big-banks-conspiracy-is-destroying-america-2013-08-07?pagenumber=1 (http://www.marketwatch.com/story/big-banks-conspiracy-is-destroying-america-2013-08-07?pagenumber=1)

Bottom line: Goldman Sachs has become just another second-stringer in the new global Big Banks Conspiracy as capitalism appears about to self-destruct Adam Smith’s ideal and trigger the third major market crash of the 21st century, followed by a collapse of the economy, driving America and the world deep into a new Great Depression. Be prepared.

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I found out that it is interesting that most of the old people believe more in conspiracy theory than young people ;D


Title: Re: "Big Banks Conspiracy is destroying America" - Market Watch
Post by: FreedomCoin on August 07, 2013, 12:36:26 PM
great read, thanks....


Title: Re: "Big Banks Conspiracy is destroying America" - Market Watch
Post by: J603 on August 07, 2013, 01:44:15 PM
Quote
Imagine 100 Goldman Sachs banks running America and the world. It's happening. Forget politicians, big banks run the world.

Saw this, thought of this:

https://i.imgur.com/vwMin.gif



On a more serious note, I'm not too worried about big banks taking over anywhere. If they have to be bailed out all the time they can't be too powerful. Plus, they have a new contender to deal with.  ;)


Title: Re: "Big Banks Conspiracy is destroying America" - Market Watch
Post by: p2pbucks on August 11, 2013, 09:28:12 AM
Big Banks Conspiracy's been destroying US since 1929  ;D


Title: Re: "Big Banks Conspiracy is destroying America" - Market Watch
Post by: lepko on August 11, 2013, 06:05:04 PM
"World is a dangerous place to live; not because of the people who are evil, but because of the people who don't do anything about it"

Albert Einstein

So why the People are so complacent and let these guys continue and not goes down on the street ? Because the mass medias don't tell them to do so ?

Why do they accept that Obama supposedly a democrat President put in power the same who profit from Crisis ?


Title: Re: "Big Banks Conspiracy is destroying America" - Market Watch
Post by: solidshotnosh on August 14, 2013, 11:22:03 PM
"World is a dangerous place to live; not because of the people who are evil, but because of the people who don't do anything about it"

Albert Einstein

So why the People are so complacent and let these guys continue and not goes down on the street ? Because the mass medias don't tell them to do so ?

Why do they accept that Obama supposedly a democrat President put in power the same who profit from Crisis ?



And what do you suggest take its place? Are you suggesting that you, or someone else, has a better system of governing and facilitating the growth of a population of 300 million+ people?

Take a look around you, look at our infrastructure, you can get a cheeseburger for 1$ that has almost 400(which is more than sufficient for the activity level of most in this point of history) calories in less than two minutes, you can travel across the country in a third of a day, even our "low" class has enough money for food to eat and still drive us towards an obesity epidemic AND still have enough left over to buy cars. I mean, what more could you possibly want?

Just because some people control the "Majority" of the money, doesn't mean the system doesn't work.

People like to sit and complain about it because THEY aren't the ones in the position of power. It's kind of like those activist groups, instead of fixing the problem, they set out to make the problem "normal".

Human societies will always work this way, rather it be on physical merits, bloodlines, or some arbitrary system such as individuals who can produce the most capital gains in their life, there will always be those in power.

You realize that our country was founded on the very action that you're suggesting we take(rebellion). So what if there's another revolution, there will still be power structures that arise from the ashes, this is how it has always been.

Just now you have Team B calling the shots instead of Team A.

Even in your idealized world, there's still a group that loses, and what makes one group more deserving of their vision of society over the other?


Title: Re: "Big Banks Conspiracy is destroying America" - Market Watch
Post by: razorfishsl on August 14, 2013, 11:42:12 PM
Good I cannot wait for them to get involved in bitcoin and boost the value..... oh sorry it has already started..