The Accidental Smallholder Forum
Community => Coffee Lounge => Topic started by: RUSTYME on October 05, 2011, 12:35:08 am
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In light of recent events and the deepening economic collapse, and the complete worldwide inability to sort things out , is the end nigh ?
Cheers Russ
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Oh, how I've missed you Russ ;) ;D
Karen :wave:
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nah!! dont forget that its really only western capitalism thats in trouble, the eastern markets china for example are still growing.
id still prime the mantraps tho russ ;)
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So we are all feeling the pinch and I feel I need to know the answer to a couple of question.
Since everything has gone up in price, mainly down to higher taxes including 20% VAT.
1.How much money has been knocked off 'our' dept?.
2 Are these higher taxes helping?
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no money has been knocked off our debt, but the rate at which we are borrowing more than we pay back has slowed. a bit.
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I think I heard the other day that the debt had risen by 5bn but as deepinthewoods said we are borrowing at a slower rate. This is a long term strategy and the debt will not vanish over night. ;)
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Ha come to Ireland and feel our pain ;)
Thankfully I wasn't one of the ones who thought the Celtic Tiger would last forever and built a big mansion and bought into the lifestyle that went with it. A small two bed cottage for me, although there are people out there who are suffering and didn't deserve it, bloody politicians and w/bankers
>:(
Brid
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I think the politicians don't see the problems at normal level, we are still struggling as I was out of work for 3 months and OH for 7 months. We both have jobs now but have to try and catchup on bills etc so are actually worse off than ever before.
I am having to plan more business avenues for the holding as we need to double the income to stay afloat as the prices of things we have to buy in have increase so much in the past 2 years. Just now need to work out how to get a 36 hour day to fit everything in ;D
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The end i refer to is the western monetary system. The growth they refer to is totally unsustainable . Our system has to crash, the. only question is when? Greece will explode anytime soon, how far does the crap fly when it hits the banks fans ?
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A long way it was leoman brothers collapse that started all this and the US government refusing to help to stop the collapse
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Perpetual growth on a finite planet always sounded improbable to me, too.
What's that thing about denial, anger, sadness, acceptance? Seems to me the politicians and economists are still in denial, most of the populace has long moved on to anger.
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The end of what I ask myself sometimes?
Do you ever wonder if the whole thing is manufactured? Anybody with any sense knows you buy buy buy at a low and sell sell sell at a high. There has to be lows in order for crazies in the city to buy? Frighten off the small guys, outlast them, coagulate your competitors and buy them out.
I just cant work anything out these days - 'I promise to pay the bearer' was once backed up with resources rather than the hollow promise of future work, as it seems these days.
Fair do's though - This is all what would ever result from our worldwide system - big boys getting bigger, richer getting richer and more powerful because the state has no power to interrupt.
Growth economies are made to make people with money - more money - there is no real reason why 'growth' is needed other than as a by product of an expanding and more productive workforce outweighing population increases.
leoman brothers - was a perfect example of why things are left to rot rather than save - it was not 'financially viable' (for anyone in the money markets to save)
In short, I dont think any more banks will be let to go to the dogs. This is in a way unfortunate as its the public that pay for the mess and the money extracted. But in a sense its good cos it keeps the wolves from our door.
Baz
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The end i refer to is the western monetary system...
Our system has to crash, the. only question is when?... Greece will explode anytime soon, how far does the crap fly...
The petrodollar will eventually fall. Russia and china have allegedly stopped using the petrodollar. If the rest of the world follows.. Then hyper-inflation hits the USA as the dollar no longer has an international value. Anything the USA imports such as oil, food, products will need to be paid for with a currency other than American dollars. But the USA wont be able to use its American dollars to buy foreign currency.
Then the American dollar as the worlds reserve currency ceases to exist. Then other currencies follow suit. I don't think most people realise just how close the world came to this situation last month when the USA almost defaulted on its IMF debt. If Greece does default then Euro will be in way more trouble than the US dollar.
Take a look at the Zimbabwean dollar http://en.wikipedia.org/wiki/Zimbabwean_dollar (http://en.wikipedia.org/wiki/Zimbabwean_dollar) we are quite possibly headed this way. We will start to trade in whatever currencies still have a face value. We will be back to bartering goods & services.
The world economy is in a very grave situation. On the plus side the British Pound is a safe, strong currency. We still have some actual gold reserves and assets to back up the £ in our economy. The US $ doesn't have such a back up. If we allow other economies to 'go under' the swirl will drag other economies under with it.
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Other economies wont see it as a civic responsibility to bail out - more as something that has to be done to save their own wealth. This is the unfortunate thing with money. It was once created to solve the problems of the workers in trading - now the whole system has been taken over.
Baz
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Tobin Tax - its one way forward.
Tax 'Gambling' (on profits)
Tax on investment gambling profits and tax at the investment risk too.
Thank god we kept the £ and we didnt enter the newest, biggest and most stable (even if its losing) currency system - only really made up for the oil industry. :)
Baz
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How did it go in the advert? "hyper value value" lol. I already live without money, well almost, £20 a week. I grow all my own food and just need to buy haylage, so a collapse makes no difference to me at all. But for those who don't grow thier own, hard times are just around the corner, get growing folks.
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from wiki .....
The United States Bullion Depository holds 4,577 metric tons (5046 tons) of gold bullion (147.2 million oz. troy). This is roughly 2.5% of all the gold ever refined throughout human history. Even so, the depository is second in the United States to the Federal Reserve Bank of New York's underground vault in Manhattan, which holds 7,000 metric tons (7716 tons) of gold bullion (225.1 million oz. troy), some of it in trust for foreign nations, central banks and official international organizations.
it aint over yet folks
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One thing to keep in mind though, you can't eat gold.
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One thing is for sure though - if you did - it would come out as gold!?
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With the increasing cost of fertilizer ,crap is already worth it's weight in gold anyway!
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Wellcome back Russ.
Surely the government are making big inroads into the national debt. After all they have cut pensioners winter fuel allowance, child benefit, social security benefits, carers allowance, old age pensions and have frozen pay scales for public service workers etc etc. The 19 millionaires in the westminster parliament will look after us. Wont they?
JD
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21 millionaires...... ::)
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hold on there at one time you had to have money to be in parliament
is it the case that since they have been drawing a salary that the level of corruption and sleaze has increased and the voters interests has decreased :farmer:
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I think the end is nigh.....ish. Contamination, constriction, economic shrinkage, and tactical financial collapse = justification for depopulation, micro control and further subordination of the populace.
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Yes. Take the recent so called riots. I have serious doubts as to thier genuin beginings ,ie, they were started / created for the reason of setting new laws etc in order to put in place even more control than already exists. They don't want an arab spring here!
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the 'riots' did coincide with the announcement of major police number cuts.
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Video evidence from the "Riots" show that the police way outnumbered the rioters (Looters) and could have stopped them at any point. The question is, why did they not?
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Rebellion in Tottenham 2011 (http://www.youtube.com/watch?v=Faysa6h0lR8#ws)
Some folk may find this video interesting.
During two recent protests I noticed that abandoned police vans seem to be used as a tactic to ensure attention is diverted and a whole different set of questions are asked. Yobbery takes over as the primary media focus and subsequent line of question. I believe outrage, blame and division are smokescreens and diversionary tactics used specifically to redirect our thoughts.
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it could be worse, it could be syria.
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American Spring? 'Occupy Wall Street just the beginning' (http://www.youtube.com/watch?v=sygV7dI0adk#)
Lots of info on youtube if you look up occupy wallstreet. Little mainstream media coverage in the UK as yet. At present protests in New York and they are spreading. Similar protests in the UK capital have already been organised and will go ahead this month.
Allegedly.
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I always knew there had to be folks with brains in the US ;D I always have been a doubter of the holy cow called "growth". The planet is on the brink of collapse, where are economies supposed to grow to - Mars, the moon?? Trouble is that money rules the world, all virtual :o OH suggested if Americans keep protesting the powermongers will shut the internet down - wait and see ;D :&>
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I am surprised that there has been little media coverage on http://occupywallst.org/ (http://occupywallst.org/) :)
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WHAT WALL STREET PROTESTERS WANT Olbermann Calls This A Special Comment By The Protesters (http://www.youtube.com/watch?v=tN3o7FH94fc#)
Compulsive viewing - Watch this please.
Thanks
:farmer:
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Bugger , only on a mobile, so can't watch !!
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A 6 minute vid takes 1/2 our to download here too - but well worth the wait.
Direct democracy - a phrases that hits home. You cant complain about a system unless your part of it - its unfortunate, but its the case.
Baz
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Wow - have there ever been more radical news???
Just grabbed a week-old newspaper - headlines: "Half of donors since election work in finance" and "biggest cash donations are from hedge funds". No comment.... :( :&>
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its one hell of a mission statement.
russ, nothing there you dont know already, nice to hear it aired on american tv tho.
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Sh*t hitting the fan asside , i have just about cleared up the veggie plot after 20 cows got in and wiped out the lot ! Nothing left at all . If 'they' don't get you , nature will . No money and now now food ! Still, it could be worse , it could be nearly winter !
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What a disaster! Better let us know if you need some food parcels delivering. I am sure we could help out.
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Thanks BR , I will scrape by somehow , always have , but if you see a posting from 'bagofbonesme' instead of 'rustyme' , things could be getting a bit iffy here ! Still got spuds in the ground , so should last a while yet .
On the upside , the cows did leave plenty of crap on the plot , "always look on the bright side of life ! ". Chips & chips for din dins tonight , and tomorrow ......lol.
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That's the spirit. My pigs are going on the 24th so I will send you some sausage before the month is out if you PM me with your address. :) Shame you can't eat cow pats.
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It is amusing that we are waiting for the Greek economy to collapse when the good old pound has dropped by about 25% in value without anyone getting upset. That means you and I have to pay another 25% for anything imported including fuel, food, electrical and other manufactured items and for any holidays and travel outside the UK.
Also, anyone foreign who has bought UK bonds, British businesses or hold sterling currency has also lost 25% of their cash.
To rub salt in the wound, VAT has increased.
And for anyone approaching retired (ME!), their expensive pension scheme has collapsed meaning 33% less spending money when we retire.
And the good news is...
Our banks are doing well!
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Where would we be without our banks! ( Is there an extreme sarcasm smiley?)
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It is amusing that we are waiting for the Greek economy to collapse when the good old pound has dropped by about 25% in value without anyone getting upset. That means you and I have to pay another 25% for anything imported including fuel, food, electrical and other manufactured items and for any holidays and travel outside the UK.
Well, there is good news too.
The lower the pound is against the euro, the more the farm subisidies are (they are calculated in euros, so if the same number of euros buys more pounds, the farmers get more pounds.)
And the mainland Europeans buying our lamb buy it in euros, so again, as the pound weakens against the euro, the price of lamb being exported goes up and the farmer gets more for his / her lambs. (And so do smallholders :D)
My personal viewpoint is that anything that encourages us as a nation to buy more locally-produced services, goods and foods, the better. Better for us and better for the planet. Such a shame we manufacture very little these days...
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so the 'occupy' protests are spreading rapidly, from asia to the uk.
do you think it will make any difference or no?
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NO
Everyone is feeling the same and feeling the pinch but honestly I don't think that demonstrating will improve the situation
Sally
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it might not change anything but it's the only way to tell "them" that we know things are not right. What is ever going to change if "they "feel we are all fine with being exploited? Humanity has been there endless times in history, greed will destroy everything in the end. Anyone who goes out there has my support, as long as it stays violence free. Feeling the pinch? That's very mildly put for a fundamentaally wrong situation - where some are literally shoving the gold into their pockets and EVERYONE else suffers. :&>
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Stuffing gold/money etc, into thier pockets, hits the nail right on the head. Corporation greed is out of control ,and is fed/allowed and protected , by it's corrupt boad directors , who happen to be most of the cabinet! , or members of the house of lords .
It would be nice if this endemic corruption of bankers, mp's etc., could be ended just by peacefull protest , but these greedy , vicious members of the elite , will not give up thier quest for more money and even more power and control, without a crushing fight. Just look at what they are already doing!
Get ready for some very hard times, the recent ,highly dubious riots, were just a tool to get people set against people, and it worked.
The times are not a changing , they have changed !
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Revolution here to stay! Immortal Technique full OWS interview (http://www.youtube.com/watch?v=YlBg8GtoHR0#)
For those who are keeping an eye on occupy wall street.
Very interesting interview with rapper Immortal Technique. Worth viewing if you are in tune.
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naa blame cameron all his fault world has been s**t for years thay are just telling you what we already know and have known for years the gov just making everyone panic
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In light of recent events and the deepening economic collapse, and the complete worldwide inability to sort things out , is the end nigh ?
Cheers Russ
I'll tell you on the 22 DEc the day after my birthday.. as the old Myans reckon my birthday will be a real bed shaker for the world... as their calender ends .
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yes december 31 when the calinder ends lol