Post From Wealthwatch.world Chat Room Part 2 of 2
Butifldrm: ‹@gold642› we have been much stronger economically years before and still collapse
chattels: Joseph Heller coined the term in his 1961 novel Catch-22.
chattels: A catch-22 is a paradoxical situation from which an individual cannot escape because of contradictory rules.
gold642: and the collapse is just another banking world game
KiwiDoc: ‹@chattels› thata boy, I knew you were there!!
Butifldrm: ‹@gold642› if you are talking as a nation, no I do not believe so, but economically I do believe so.
~~~
Butifldrm: ‹@gold642› we have been much stronger economically years before and still collapse
chattels: Joseph Heller coined the term in his 1961 novel Catch-22.
chattels: A catch-22 is a paradoxical situation from which an individual cannot escape because of contradictory rules.
gold642: and the collapse is just another banking world game
KiwiDoc: ‹@chattels› thata boy, I knew you were there!!
Butifldrm: ‹@gold642› if you are talking as a nation, no I do not believe so, but economically I do believe so.
~~~
gold642: economically is game played by the international banking controls of the world
Butifldrm: ‹@gold642› and they are loosing the controls
KiwiDoc: ‹@Butifldrm› Our debt is out of control, what seems ironic is our oil and metal holdings, some of if not the largest in the world
Butifldrm: look at this
gold642: we sanction war for oil and flip back to the money power
Butifldrm: Don't let the unthinkable become the new normal, says BIS in 85th Annual Report
Butifldrm: you need to read
gold642: and the BIS are the powers of out world
Butifldrm: Even the BIS says the Central Banks cannot handle the next and upcoming crisis
gold642: the roths
gold642: ‹@Butifldrm› BIS controls and owns the Central Banks
Butifldrm: brb patient calling
Butifldrm: ‹@gold642› I'm telling you read this thread
Butifldrm: I posted today
gold642: no
gold642: I will never ever believe ANYTHING the BIS states its going to do before hand.
gold642: BIS has done it and stated like that for so many years.
gold642: It all comes down for them on oil up and down, they do it and state it every year.
KiwiDoc: ‹@Butifldrm› the one thing above all in my opinion is the US banked on technology being our golden egg. We shipped all our jobs offshore for "profits". So we sold out the middle class for $$ for the few. Germany has long had success selling expensive cars because of "German Quality" It used to be
KiwiDoc: Made in America meant something....Now it means for the most part, made here means criminal in some form or fashion
KiwiDoc: financial crooks mostly, and with the internet we are now victum to our own misdeeds. JMO
[08:04:03 PM] molonlabe: ‹@Butifldrm› very interesting read. Sounds like there is a need to go back to Austrian economics, and an asset-backed monetary system.
gold642: an asset-backed monetary system = oil
gold642: the money is out pockets, backed by oil
gold642: in our system.
gold642: an asset-backed monetary system = oil
gold642: the money is out pockets, backed by oil
gold642: in our
chattels: Security situation weighs on Iraq's economy BAGHDAD — The Iraqi army, backed by the Popular Mobilization Units, has been engaged in war for more than a year now against the Islamic State (IS). There do not seem to be any prospects that the war, which has affected the livelihoods and social realities of Iraqis, will end anytime soon. The heavy costs incurred by Iraq to acquire weapons and pay fighters led to the declaration of the 2015 austerity budget, which subsequently raised poverty rates in the country. Read more: http://ift.tt/1U6ADse...
Butifldrm: Sorry I'm back
Butifldrm: ‹@molonlabe› yes absolutely
Butifldrm: currencies have to have some backin
gold642: and that is oil
chattels: wealthwatch.world/showthr...
Butifldrm: they tried to do it with Basel compliance but it has not happened and rarely do they even talk about it anymore
KiwiDoc: If you look at Alaska, the metal mine in western Ak would blow you away. We have alot of metals as well
Butifldrm: ‹@chattels› yes, Iraq will not pass the necessary laws to get this situation under control
KiwiDoc: One of the fundamental issues we have is the corruption in our banking system and NO criminal prosecutions at the highest levels....They took way more than Bernie M
Butifldrm: ‹@gold642› it was oil, but now we see waht's happened to the oil market
gold642: ‹@Butifldrm› NOTHING
Butifldrm: Oil was around $70 per barrel until this thing happened with Greece
[08:13:52 PM] gold642: oil is and will control our currency and our world
gold642: ITS...A.....GAME
Butifldrm: that was 2 days ago
Butifldrm: today it's down to $60
gold642: OOOOH OK, OIL IS NO LONGER THE BACKING OF OUR CURRENCY WORLD, WHERE DONE
] KiwiDoc: ‹@Butifldrm› so the future's market is on it's ear
Butifldrm: currencies have to be stability
Butifldrm: ‹@gold642› oil was never the backing
Butifldrm: the backing was Gold
Butifldrm: until we were taken off the Gold Standard
Butifldrm: Bretton Woods
gold642: ‹@Butifldrm› gold was backing what
gold642: oil back our currency
KiwiDoc: ‹@Butifldrm› what is your reaction to the Euro. 3% drop last I heard, don't know if that has changed but a blip on the radar instead of catastrophe
Butifldrm: ‹@gold642› WE had a Gold backed currency
gold642: and that has to do with what now
Butifldrm: ‹@KiwiDoc› I believe the majority of the markets and the media are manipulated
gold642: oil runs and controls this world and will for decades and decades
Butifldrm: we just saw % of the major banks fined around 5B dollars for manipulation, yet noone went to jail
Butifldrm: we see Eric holder now put in place as the justice /surveillance officer lol
Butifldrm: ‹@gold642› and they are loosing the controls
KiwiDoc: ‹@Butifldrm› Our debt is out of control, what seems ironic is our oil and metal holdings, some of if not the largest in the world
Butifldrm: look at this
gold642: we sanction war for oil and flip back to the money power
Butifldrm: Don't let the unthinkable become the new normal, says BIS in 85th Annual Report
Butifldrm: you need to read
gold642: and the BIS are the powers of out world
Butifldrm: Even the BIS says the Central Banks cannot handle the next and upcoming crisis
gold642: the roths
gold642: ‹@Butifldrm› BIS controls and owns the Central Banks
Butifldrm: brb patient calling
Butifldrm: ‹@gold642› I'm telling you read this thread
Butifldrm: I posted today
gold642: no
gold642: I will never ever believe ANYTHING the BIS states its going to do before hand.
gold642: BIS has done it and stated like that for so many years.
gold642: It all comes down for them on oil up and down, they do it and state it every year.
KiwiDoc: ‹@Butifldrm› the one thing above all in my opinion is the US banked on technology being our golden egg. We shipped all our jobs offshore for "profits". So we sold out the middle class for $$ for the few. Germany has long had success selling expensive cars because of "German Quality" It used to be
KiwiDoc: Made in America meant something....Now it means for the most part, made here means criminal in some form or fashion
KiwiDoc: financial crooks mostly, and with the internet we are now victum to our own misdeeds. JMO
[08:04:03 PM] molonlabe: ‹@Butifldrm› very interesting read. Sounds like there is a need to go back to Austrian economics, and an asset-backed monetary system.
gold642: an asset-backed monetary system = oil
gold642: the money is out pockets, backed by oil
gold642: in our system.
gold642: an asset-backed monetary system = oil
gold642: the money is out pockets, backed by oil
gold642: in our
chattels: Security situation weighs on Iraq's economy BAGHDAD — The Iraqi army, backed by the Popular Mobilization Units, has been engaged in war for more than a year now against the Islamic State (IS). There do not seem to be any prospects that the war, which has affected the livelihoods and social realities of Iraqis, will end anytime soon. The heavy costs incurred by Iraq to acquire weapons and pay fighters led to the declaration of the 2015 austerity budget, which subsequently raised poverty rates in the country. Read more: http://ift.tt/1U6ADse...
Butifldrm: Sorry I'm back
Butifldrm: ‹@molonlabe› yes absolutely
Butifldrm: currencies have to have some backin
gold642: and that is oil
chattels: wealthwatch.world/showthr...
Butifldrm: they tried to do it with Basel compliance but it has not happened and rarely do they even talk about it anymore
KiwiDoc: If you look at Alaska, the metal mine in western Ak would blow you away. We have alot of metals as well
Butifldrm: ‹@chattels› yes, Iraq will not pass the necessary laws to get this situation under control
KiwiDoc: One of the fundamental issues we have is the corruption in our banking system and NO criminal prosecutions at the highest levels....They took way more than Bernie M
Butifldrm: ‹@gold642› it was oil, but now we see waht's happened to the oil market
gold642: ‹@Butifldrm› NOTHING
Butifldrm: Oil was around $70 per barrel until this thing happened with Greece
[08:13:52 PM] gold642: oil is and will control our currency and our world
gold642: ITS...A.....GAME
Butifldrm: that was 2 days ago
Butifldrm: today it's down to $60
gold642: OOOOH OK, OIL IS NO LONGER THE BACKING OF OUR CURRENCY WORLD, WHERE DONE
] KiwiDoc: ‹@Butifldrm› so the future's market is on it's ear
Butifldrm: currencies have to be stability
Butifldrm: ‹@gold642› oil was never the backing
Butifldrm: the backing was Gold
Butifldrm: until we were taken off the Gold Standard
Butifldrm: Bretton Woods
gold642: ‹@Butifldrm› gold was backing what
gold642: oil back our currency
KiwiDoc: ‹@Butifldrm› what is your reaction to the Euro. 3% drop last I heard, don't know if that has changed but a blip on the radar instead of catastrophe
Butifldrm: ‹@gold642› WE had a Gold backed currency
gold642: and that has to do with what now
Butifldrm: ‹@KiwiDoc› I believe the majority of the markets and the media are manipulated
gold642: oil runs and controls this world and will for decades and decades
Butifldrm: we just saw % of the major banks fined around 5B dollars for manipulation, yet noone went to jail
Butifldrm: we see Eric holder now put in place as the justice /surveillance officer lol
KiwiDoc: ‹@Butifldrm› I would agree, that not withstanding the lack of reaction due to "controlled" measures, if Greece walks away from the central banks clutches, others will follow don't you think?
KiwiDoc: ‹@Butifldrm› ‹@Butifldrm› so are you saying the Fox is watching the Hen House?
Butifldrm: ‹@KiwiDoc› absolutely, it's all a house of cards now
Butifldrm: I love what Martin Armstrong http://ift.tt/1Nuo6dD... said! Freedom
KiwiDoc: ‹@Butifldrm› that's a relief, I thought i was becoming demented
Butifldrm: ‹@KiwiDoc› Do you remember what Iceland did in 2012?
KiwiDoc: ‹@Butifldrm› yes and they have recovered....but our congress is controlled by the very people we want to collar....
Butifldrm: The greedy bankers have forgot one thing. Austerity brings on Depression
Butifldrm: Iceland figured it out
Butifldrm: Icelandic Anger Bringing Record Debt Relief
Butifldrm: http://ift.tt/1U6AFjT...
Butifldrm: it was called debt forgiveness
Butifldrm: They forgave about 90% of the mortage debt and the economy is now booming
KiwiDoc: ‹@Butifldrm› exactly
Butifldrm: Troika in Greece is insane
Butifldrm: Do you know that Greece is paying 14% interest on it's debt
KiwiDoc: ‹@Butifldrm› He is merely playing to his audience
Butifldrm: sadly in a zero% banking climate
Butifldrm: ‹@KiwiDoc› Tpsiras?
KiwiDoc: yes
KiwiDoc: sorry
Butifldrm: He's playing both sides of the fence for sure?
Butifldrm: either way, Greece Defaulted
Butifldrm: teh first supposed major economy to do so
KiwiDoc: and their banks have closed for a bit
Butifldrm: Even Iraq is paying the IMF
KiwiDoc: like us in the 30's
Butifldrm: Yes the 30's brought on a reset
Butifldrm: IMO we are looking forward to another
Butifldrm: How it will look I have no idea
Butifldrm: I'm sure the Chinese will be involved
KiwiDoc: Heck I think they are involved......IMO
Butifldrm: ‹@KiwiDoc› yes I'd say they are taking advantage of the strong dollar to buy up all our assets
Butifldrm: Ok I loved the chat I better get back to packing Night guys
DT N AZ: 14% Interest is OUTRAGEOUS!! and completely uncalled for
KiwiDoc: ‹@Butifldrm› Remember the Japanese in Hawaii back in the "80's" I might be a decade off but that was a worry we all thought they were buying the state
KiwiDoc: ‹@Butifldrm› Terrific chat...thanks
[Butifldrm: ‹@KiwiDoc› Oh there is one more thing I forgot to tellyou
KiwiDoc: yes
Butifldrm: There more than likely will be more capital flight from Europe to the US increasing the value of the dollar in the near future and this will increase the value of the dollar and drop the price of oil.
Butifldrm: this will not stand good for Iraq
Butifldrm: ‹@KiwiDoc› yes I remember
OOTW: thanks so much butifldrm
Butifldrm: and now the Japanese because of countless years of money printing have depreciated their currency to record levels
Butifldrm: ‹@OOTW› YW lol
KiwiDoc: ‹@Butifldrm› Most excellent
Butifldrm: ‹@KiwiDoc› It's my Love
Butifldrm: ‹@DT N AZ› yes it is
KiwiDoc: ‹@Butifldrm› ‹ It shows
Donnie: ‹@Butifldrm› TYVM for this knowledge share tonight. :)
KiwiDoc: ‹@OOTW› well done!
From Wealthwatch.world
KiwiDoc: ‹@Butifldrm› ‹@Butifldrm› so are you saying the Fox is watching the Hen House?
Butifldrm: ‹@KiwiDoc› absolutely, it's all a house of cards now
Butifldrm: I love what Martin Armstrong http://ift.tt/1Nuo6dD... said! Freedom
KiwiDoc: ‹@Butifldrm› that's a relief, I thought i was becoming demented
Butifldrm: ‹@KiwiDoc› Do you remember what Iceland did in 2012?
KiwiDoc: ‹@Butifldrm› yes and they have recovered....but our congress is controlled by the very people we want to collar....
Butifldrm: The greedy bankers have forgot one thing. Austerity brings on Depression
Butifldrm: Iceland figured it out
Butifldrm: Icelandic Anger Bringing Record Debt Relief
Butifldrm: http://ift.tt/1U6AFjT...
Butifldrm: it was called debt forgiveness
Butifldrm: They forgave about 90% of the mortage debt and the economy is now booming
KiwiDoc: ‹@Butifldrm› exactly
Butifldrm: Troika in Greece is insane
Butifldrm: Do you know that Greece is paying 14% interest on it's debt
KiwiDoc: ‹@Butifldrm› He is merely playing to his audience
Butifldrm: sadly in a zero% banking climate
Butifldrm: ‹@KiwiDoc› Tpsiras?
KiwiDoc: yes
KiwiDoc: sorry
Butifldrm: He's playing both sides of the fence for sure?
Butifldrm: either way, Greece Defaulted
Butifldrm: teh first supposed major economy to do so
KiwiDoc: and their banks have closed for a bit
Butifldrm: Even Iraq is paying the IMF
KiwiDoc: like us in the 30's
Butifldrm: Yes the 30's brought on a reset
Butifldrm: IMO we are looking forward to another
Butifldrm: How it will look I have no idea
Butifldrm: I'm sure the Chinese will be involved
KiwiDoc: Heck I think they are involved......IMO
Butifldrm: ‹@KiwiDoc› yes I'd say they are taking advantage of the strong dollar to buy up all our assets
Butifldrm: Ok I loved the chat I better get back to packing Night guys
DT N AZ: 14% Interest is OUTRAGEOUS!! and completely uncalled for
KiwiDoc: ‹@Butifldrm› Remember the Japanese in Hawaii back in the "80's" I might be a decade off but that was a worry we all thought they were buying the state
KiwiDoc: ‹@Butifldrm› Terrific chat...thanks
[Butifldrm: ‹@KiwiDoc› Oh there is one more thing I forgot to tellyou
KiwiDoc: yes
Butifldrm: There more than likely will be more capital flight from Europe to the US increasing the value of the dollar in the near future and this will increase the value of the dollar and drop the price of oil.
Butifldrm: this will not stand good for Iraq
Butifldrm: ‹@KiwiDoc› yes I remember
OOTW: thanks so much butifldrm
Butifldrm: and now the Japanese because of countless years of money printing have depreciated their currency to record levels
Butifldrm: ‹@OOTW› YW lol
KiwiDoc: ‹@Butifldrm› Most excellent
Butifldrm: ‹@KiwiDoc› It's my Love
Butifldrm: ‹@DT N AZ› yes it is
KiwiDoc: ‹@Butifldrm› ‹ It shows
Donnie: ‹@Butifldrm› TYVM for this knowledge share tonight. :)
KiwiDoc: ‹@OOTW› well done!
From Wealthwatch.world
via Dinar Recaps - Our Blog http://ift.tt/1Nuo6dF
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