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The financial system - it's completely fucked, isn't it?
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TheBear
TheBear
981 posts

Edited Feb 16, 2009, 14:44
Re: The financial system - it's completely fucked, isn't it?
Feb 16, 2009, 14:43
Initially deflation sounds cool, things get cheaper - groovy! Trouble is with the deflation scenario when there's no demand for goods or services... everyone gets laid off :( No jobs and lots of bored people sitting around blaming foreigners for their woes is perfect feeding ground for fascists and other nasties who promise easy solutions backed by thinly veiled hate. Even if that doesn't occur, I doubt the population is willing to endure a generation of economic stagnation, Japanese style just to please our banking overlords... either way I fear civil unrest :( That's why I think the politicos will attempt to inflate their way out of the mess.

Personally I'm not keeping my money in paper or electronic form :D

Beans it is!

Wll definitely save you a tin PMM - although you'll need the new 1 Trillion Reich Pound to buy it off me :(
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Re: The financial system - it's completely fucked, isn't it? (PMM)
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