Originally posted by LucidDementia
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Reply to: New Labour financial whiz kids
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Previously on "New Labour financial whiz kids"
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Indeed, I bet all our parents lost out on the pensions ponzi scheme, amongst other things.
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Hmm. I saw my father lose most of his life's work.Originally posted by fullyautomatix View PostHmm, I think a lot of wealthy people lost a lot of money but losing a billion out of 25 billion is nothing.
The majority of middle and lower class didnt lose out. What kind of bill did you pick out of that ?
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The only way the rich suffer is via a depression.Originally posted by DimPrawn View PostThere was no global meltdown for the global elite/hyper rich.
How many stories did you read of the hyper wealthy losing their mansions, super yachts, private islands, etc either during or after the "crash"?
None, because the billions of debt slaves picked up the bill for their rest of their lives....
And helicopter money will ensure that is a long way off.
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It's more to do with the bailouts than anything else; had they not transpired, the those with significant paper wealth could have endured severe losses. Apparently, though, profit and loss isn't acceptable, so the latter has been socialised.Originally posted by fullyautomatix View PostHmm, I think a lot of wealthy people lost a lot of money but losing a billion out of 25 billion is nothing.
The majority of middle and lower class didnt lose out. What kind of bill did you pick out of that ?
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Originally posted by DimPrawn View PostThere was no global meltdown for the global elite/hyper rich.
How many stories did you read of the hyper wealthy losing their mansions, super yachts, private islands, etc either during or after the "crash"?
None, because the billions of debt slaves picked up the bill for their rest of their lives....
Hmm, I think a lot of wealthy people lost a lot of money but losing a billion out of 25 billion is nothing.
The majority of middle and lower class didnt lose out. What kind of bill did you pick out of that ?
Leave a comment:
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And people lap it up yum yum yum.Originally posted by DimPrawn View Postbillions of debt slaves picked up the bill for their rest of their lives....
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There was no global meltdown for the global elite/hyper rich.
How many stories did you read of the hyper wealthy losing their mansions, super yachts, private islands, etc either during or after the "crash"?
None, because the billions of debt slaves picked up the bill for their rest of their lives....
Leave a comment:
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KUATBOriginally posted by fullyautomatix View Post
Originally posted by fullyautomatix View PostAlistair Darling joins Morgan Stanley - BBC News
Okay so this is how you and me can jump on the investment bank gravy train. Just make sure that the entire country goes into meltdown due to economic and financial incompetence.
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FTFY
Mr Darling, 62, played a key role in creating the global economic crisis, through his total ineptitude.
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Originally posted by barrydidit View PostHe did more than address it. He invited it in, took it's coat, gave it a chair by the fire and poured it a nice glass of single malt.
They both saved the world by addressing it. We are still paying for it
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He did more than address it. He invited it in, took it's coat, gave it a chair by the fire and poured it a nice glass of single malt.
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Mr Darling, 62, played a key role in addressing the global economic crisis.
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New Labour financial whiz kids
Gordon Brown joins asset manager Pimco as adviser - BBC News
Alistair Darling joins Morgan Stanley - BBC News
Okay so this is how you and me can jump on the investment bank gravy train. Just make sure that the entire country goes into meltdown due to economic and financial incompetence.Tags: None
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