Brentastic Posted November 30, 2011 Share Posted November 30, 2011 http://www.federalreserve.gov/newsevents/p...y/20111130a.htm I give up. End times, huddlers. END. TIMES. Quote Link to comment Share on other sites More sharing options...
Savage Beatings Posted November 30, 2011 Share Posted November 30, 2011 I heard about this move this morning too. Can't say that I am overly thrilled at the thought of all of these Central banks working in concert like this without any elected government officials directing them to do so. Definitely smacks of NWO, but I honestly don't know much about how things usally work, so I don't really know how far out of the norm this is. Quote Link to comment Share on other sites More sharing options...
Brentastic Posted November 30, 2011 Author Share Posted November 30, 2011 (edited) I heard about this move this morning too. Can't say that I am overly thrilled at the thought of all of these Central banks working in concert like this without any elected government officials directing them to do so. Definitely smacks of NWO, but I honestly don't know much about how things usally work, so I don't really know how far out of the norm this is. This is unprecedented beyond belief. "They" are getting bolder with the NWO agenda, no longer chipping away at the constitution, but using a bulldozer AND in broad daylight now. It's utterly disgusting and makes me madder than a honey badger who lost it's cubs. Edited November 30, 2011 by Brentastic Quote Link to comment Share on other sites More sharing options...
WaterMan Posted November 30, 2011 Share Posted November 30, 2011 Board of Governors? I bet they don't go without. Quote Link to comment Share on other sites More sharing options...
SEC=UGA Posted November 30, 2011 Share Posted November 30, 2011 This is unprecedented beyond belief. "They" are getting bolder with the NWO agenda, no longer chipping away at the constitution, but using a bulldozer AND in broad daylight now. It's utterly disgusting and makes me madder than a honey badger who lost it's cubs. You oughta go finger bang someone... Helps to calm the nerves. Quote Link to comment Share on other sites More sharing options...
wiegie Posted November 30, 2011 Share Posted November 30, 2011 The major problem with this plan as I see it, is that they probably aren't going far enough and it won't be enough to truly stabilize the situation in the medium-to-long term. Quote Link to comment Share on other sites More sharing options...
Brentastic Posted November 30, 2011 Author Share Posted November 30, 2011 The major problem with this plan as I see it, is that they probably aren't going far enough and it won't be enough to truly stabilize the situation in the medium-to-long term. So if I understand you correctly - the central banks should do MORE intervention. Quote Link to comment Share on other sites More sharing options...
wiegie Posted November 30, 2011 Share Posted November 30, 2011 So if I understand you correctly - the central banks should do MORE intervention. The ECB should do more, that is for sure. Quote Link to comment Share on other sites More sharing options...
peepinmofo Posted November 30, 2011 Share Posted November 30, 2011 Hypothetical question (probably impossible to answer): Would the economy be better or worse had all the companies/countries not recieved bailouts? Quote Link to comment Share on other sites More sharing options...
MojoMan Posted December 1, 2011 Share Posted December 1, 2011 While we're getting used to volatility and market manipulation (cue brent), this kind of sh!t irritates me. The world leaders need to address the fundamental problems: Greeks, Italians, and their ilk have been getting too much for too little work for too long. Add Americans to that list too. Sovereign nations need to start living within their means. Until that happens, this all smells like market manipulation. Did this move really do anything to address the fundamental problems? Quote Link to comment Share on other sites More sharing options...
wiegie Posted December 1, 2011 Share Posted December 1, 2011 Did this move really do anything to address the fundamental problems? no--it bought them some time, but that is it Quote Link to comment Share on other sites More sharing options...
Brentastic Posted December 1, 2011 Author Share Posted December 1, 2011 While we're getting used to volatility and market manipulation (cue brent), this kind of sh!t irritates me. The world leaders need to address the fundamental problems: Greeks, Italians, and their ilk have been getting too much for too little work for too long. Add Americans to that list too. Sovereign nations need to start living within their means. Until that happens, this all smells like market manipulation. Did this move really do anything to address the fundamental problems? Absolutely not. I think the Fed did something similar in the summer of 2008. We all know how that turned out. Quote Link to comment Share on other sites More sharing options...
Square Posted December 1, 2011 Share Posted December 1, 2011 The world leaders need to address the fundamental problems: Greeks, Italians, and their ilk have been getting too much for too little work for too long. Add Americans to that list too. Sovereign nations need to start living within their means. I'm a little tired, but do you mean that Americans are not working enough? If you are talking about government not living within its means than I completely agree and it has been bad for a long time. If you think Americans need to work more than they currently do, I don't see how I can agree to that. I'm not advocating a 30 hour work week but I think we are plenty productive at our current level. Quote Link to comment Share on other sites More sharing options...
WaterMan Posted December 1, 2011 Share Posted December 1, 2011 (edited) Americans' wages have been at a stand still for awhile. Many are being asked to worked longer/harder for less pay. But I guess when you compare us to girls in Taiwan making Nikes for 10 cents an hour, we look pretty lazy. Edited December 1, 2011 by WaterMan Quote Link to comment Share on other sites More sharing options...
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