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	<title>Comments on: Four Reasons To Be Even Less Optimistic About The Global Financial System Than You Were Last Month</title>
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	<link>http://theeconomiccollapseblog.com/archives/four-reasons-to-be-even-less-optimistic-about-the-global-financial-system-than-you-were-last-month</link>
	<description>Are You Prepared For The Coming Economic Collapse And The Next Great Depression?</description>
	<lastBuildDate>Sat, 11 Jul 2015 18:41:00 +0000</lastBuildDate>
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		<title>By: AgreeToDisagree</title>
		<link>http://theeconomiccollapseblog.com/archives/four-reasons-to-be-even-less-optimistic-about-the-global-financial-system-than-you-were-last-month#comment-200301</link>
		<dc:creator><![CDATA[AgreeToDisagree]]></dc:creator>
		<pubDate>Sat, 11 Aug 2012 13:25:06 +0000</pubDate>
		<guid isPermaLink="false">http://theeconomiccollapseblog.com/?p=4234#comment-200301</guid>
		<description><![CDATA[Nonsense. USA could simply distribute all unused land , and tell the people to grow their own crops and build their own houses, raise their own livestock, make their own leather or fur goods, compost their own sewage, collect their own rainwater or dig their own wells. End of problem, everyone gets a few acres and high-density living &#039;hellholes&#039;, will be quite empty without people who have their own land.

BTW there is no such thing as money. There is no such thing as economy or collapse. Too bad for the plutocracy or corporatocracy though! Even if education was free now, citizens will return to 1400s settler-era America! Citizens please elect ONLY a President or Governor with the above intent. Executive Order 0 (Zero) for land distribution will be that reset button America needs.  Now THAT would be something to be optimistic about.

People have lived since man learnt to walk upright without electricity or petrol.  BTW there is no such thing as poor people, jobs, concept of money much less a petro-dollar or a Global Financial System or a recession or depression. Alright &#039;chicken little(s)&#039; I&#039;m not posting anymore. If America can&#039;t think what to do or apply what I posted, then the American voters deserve what they get. Simply vote for non-GLC or millionaire Joe Public types who sign statuary declarations to do the above suggested!]]></description>
		<content:encoded><![CDATA[<p>Nonsense. USA could simply distribute all unused land , and tell the people to grow their own crops and build their own houses, raise their own livestock, make their own leather or fur goods, compost their own sewage, collect their own rainwater or dig their own wells. End of problem, everyone gets a few acres and high-density living &#8216;hellholes&#8217;, will be quite empty without people who have their own land.</p>
<p>BTW there is no such thing as money. There is no such thing as economy or collapse. Too bad for the plutocracy or corporatocracy though! Even if education was free now, citizens will return to 1400s settler-era America! Citizens please elect ONLY a President or Governor with the above intent. Executive Order 0 (Zero) for land distribution will be that reset button America needs.  Now THAT would be something to be optimistic about.</p>
<p>People have lived since man learnt to walk upright without electricity or petrol.  BTW there is no such thing as poor people, jobs, concept of money much less a petro-dollar or a Global Financial System or a recession or depression. Alright &#8216;chicken little(s)&#8217; I&#8217;m not posting anymore. If America can&#8217;t think what to do or apply what I posted, then the American voters deserve what they get. Simply vote for non-GLC or millionaire Joe Public types who sign statuary declarations to do the above suggested!</p>
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		<title>By: Bill</title>
		<link>http://theeconomiccollapseblog.com/archives/four-reasons-to-be-even-less-optimistic-about-the-global-financial-system-than-you-were-last-month#comment-189721</link>
		<dc:creator><![CDATA[Bill]]></dc:creator>
		<pubDate>Wed, 25 Jul 2012 06:00:48 +0000</pubDate>
		<guid isPermaLink="false">http://theeconomiccollapseblog.com/?p=4234#comment-189721</guid>
		<description><![CDATA[Right on brother- Praise God]]></description>
		<content:encoded><![CDATA[<p>Right on brother- Praise God</p>
]]></content:encoded>
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		<title>By: MichaelPK</title>
		<link>http://theeconomiccollapseblog.com/archives/four-reasons-to-be-even-less-optimistic-about-the-global-financial-system-than-you-were-last-month#comment-187634</link>
		<dc:creator><![CDATA[MichaelPK]]></dc:creator>
		<pubDate>Sun, 22 Jul 2012 12:37:32 +0000</pubDate>
		<guid isPermaLink="false">http://theeconomiccollapseblog.com/?p=4234#comment-187634</guid>
		<description><![CDATA[Hi my name is also Michael but I live in Australia, I understand what you are saying and know you will be entering into a total collapse of your economy. It will of course depend on the Central Bank of Europe as the EU needs to reform, but that information later. Russia and China has not the control nor the incentive to do so I see the problem with your information of the facts that we know here.

I will state facts, don’t blame me im just the messenger. 

The information as we know it that Obarma was rushed in as to be the fall guy.
Now im not going to argue the facts with anyone over the information for it speak for itself.

Australia should not in anyway be made a triple AAA nation but it has, there are reason for that. Our politics are a joke but our sphere of the world places us as a safe self supporting nation if need be, this allows Australia and its small population to sustain growth with now limiting natural resources and conserving energy so in other words creating a controlled self containing depression now then waiting for when it hits the entire world economy while the rest of world goes into break down, it will course effect all Australians but it will be contained as the populus are not likely to rebel to bring down there Government here, unlike there in the US.

What we gather from the information here is that Obarma was born in Kenya Africa and that his parents are of the Muslim faith, as long as Obarma has not publicly rejected the Muslim faith then he is still a Muslim, and therefore your greatest enemy to every American, Jew and Christen, marrying a Christen woman will and does not change his religion or belief. He was picked and promoted for the job and like moths to a flame you fell for the bait. You know he will not feel any compassion for him to kill you as in his belief you  are infidels, so this allows him to enact marshal laws with orders to shoot to kill any citizen bearing arms which in direct violation and looters will be shot on sight no trial, no lock up. Unarmed people in the street will be rounded up even just protesting and placed into the many hundreds of camps already pre-built around the country for processing and perhaps more likely termination as traitors, and revolutionaries against the government.

It’s a pity that the ordinary US citizen think they are better than anyone else when they cant even see what is happening and what has been prepared for them. 

You have the worst reputation around the world and its among the people of the nations but not of the governments of the nations, not one nation is going to come to your aid, your on your own, but any that do will be UN troops, yes that’s right foreign troops in America herding you, control you, and even killing you. Sorry its not a movie, its for real, and you will be fighting for your very lives for survival.

You were all fooled when Kennedy was killed, you were all fooled again by 9/11 and your fooled by the ambush by Bush and now the Obarma coo. Its called the third time lucky on there side not yours. I am sorry for you all, but your own blindness has and will destroy you. What is worst there is no time left, no matter what you do America is out of game. The sacrifice goat to save Europe, allow the Muslims to attack Israel, you all played right into the hands of the New World Order you even funded it, housed it, armed it.  Did you know we found the answer to the word who is MABUS by Nostradamus well even your best interpreters were misled the name for it was really MABVS old English spelling you see in the year 1555 the v was used not the u, so you were misled again so its over, its done, its completed. No its not Obarma he is just a puppet.

I could tell you so much how, why, and who, you see the answer are found just before  the dominos start to begin to fall, it was planned simple that’s why it cant fail, it takes a genus to find it, but everyone can understand it because it was simple. The Kiss principle Keep it simple stupid. But this is the Kiss of death for the America people and your way of life.
Sorry. its all I can say. Over 21 years to complete, do you know why the number 21 it’s the three 7s 777 and do you know what it means completion. Occult, lets see Bush was a skull and bones man an occult organisation., but then how can you believe your mainly atheists. Misled by the churches, misled by your Government and now killed by a Muslim in power over you all.]]></description>
		<content:encoded><![CDATA[<p>Hi my name is also Michael but I live in Australia, I understand what you are saying and know you will be entering into a total collapse of your economy. It will of course depend on the Central Bank of Europe as the EU needs to reform, but that information later. Russia and China has not the control nor the incentive to do so I see the problem with your information of the facts that we know here.</p>
<p>I will state facts, don’t blame me im just the messenger. </p>
<p>The information as we know it that Obarma was rushed in as to be the fall guy.<br />
Now im not going to argue the facts with anyone over the information for it speak for itself.</p>
<p>Australia should not in anyway be made a triple AAA nation but it has, there are reason for that. Our politics are a joke but our sphere of the world places us as a safe self supporting nation if need be, this allows Australia and its small population to sustain growth with now limiting natural resources and conserving energy so in other words creating a controlled self containing depression now then waiting for when it hits the entire world economy while the rest of world goes into break down, it will course effect all Australians but it will be contained as the populus are not likely to rebel to bring down there Government here, unlike there in the US.</p>
<p>What we gather from the information here is that Obarma was born in Kenya Africa and that his parents are of the Muslim faith, as long as Obarma has not publicly rejected the Muslim faith then he is still a Muslim, and therefore your greatest enemy to every American, Jew and Christen, marrying a Christen woman will and does not change his religion or belief. He was picked and promoted for the job and like moths to a flame you fell for the bait. You know he will not feel any compassion for him to kill you as in his belief you  are infidels, so this allows him to enact marshal laws with orders to shoot to kill any citizen bearing arms which in direct violation and looters will be shot on sight no trial, no lock up. Unarmed people in the street will be rounded up even just protesting and placed into the many hundreds of camps already pre-built around the country for processing and perhaps more likely termination as traitors, and revolutionaries against the government.</p>
<p>It’s a pity that the ordinary US citizen think they are better than anyone else when they cant even see what is happening and what has been prepared for them. </p>
<p>You have the worst reputation around the world and its among the people of the nations but not of the governments of the nations, not one nation is going to come to your aid, your on your own, but any that do will be UN troops, yes that’s right foreign troops in America herding you, control you, and even killing you. Sorry its not a movie, its for real, and you will be fighting for your very lives for survival.</p>
<p>You were all fooled when Kennedy was killed, you were all fooled again by 9/11 and your fooled by the ambush by Bush and now the Obarma coo. Its called the third time lucky on there side not yours. I am sorry for you all, but your own blindness has and will destroy you. What is worst there is no time left, no matter what you do America is out of game. The sacrifice goat to save Europe, allow the Muslims to attack Israel, you all played right into the hands of the New World Order you even funded it, housed it, armed it.  Did you know we found the answer to the word who is MABUS by Nostradamus well even your best interpreters were misled the name for it was really MABVS old English spelling you see in the year 1555 the v was used not the u, so you were misled again so its over, its done, its completed. No its not Obarma he is just a puppet.</p>
<p>I could tell you so much how, why, and who, you see the answer are found just before  the dominos start to begin to fall, it was planned simple that’s why it cant fail, it takes a genus to find it, but everyone can understand it because it was simple. The Kiss principle Keep it simple stupid. But this is the Kiss of death for the America people and your way of life.<br />
Sorry. its all I can say. Over 21 years to complete, do you know why the number 21 it’s the three 7s 777 and do you know what it means completion. Occult, lets see Bush was a skull and bones man an occult organisation., but then how can you believe your mainly atheists. Misled by the churches, misled by your Government and now killed by a Muslim in power over you all.</p>
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		<title>By: Dan O'Beirne</title>
		<link>http://theeconomiccollapseblog.com/archives/four-reasons-to-be-even-less-optimistic-about-the-global-financial-system-than-you-were-last-month#comment-186605</link>
		<dc:creator><![CDATA[Dan O'Beirne]]></dc:creator>
		<pubDate>Fri, 20 Jul 2012 14:56:17 +0000</pubDate>
		<guid isPermaLink="false">http://theeconomiccollapseblog.com/?p=4234#comment-186605</guid>
		<description><![CDATA[Micheal,   thanks for your wise thoughts and work here.

As an American expat and biz owner and Spain, I can add some Iberian insight and make a big prediction here

http://www.blogger.com/blogger.g?blogID=18524938#editor/target=post;postID=3640537992573530384

best from Madrid,

Dan O&#039;Beirne      partner - MagicalSpain.com]]></description>
		<content:encoded><![CDATA[<p>Micheal,   thanks for your wise thoughts and work here.</p>
<p>As an American expat and biz owner and Spain, I can add some Iberian insight and make a big prediction here</p>
<p><a href="http://www.blogger.com/blogger.g?blogID=18524938#editor/target=post;postID=3640537992573530384" rel="nofollow">http://www.blogger.com/blogger.g?blogID=18524938#editor/target=post;postID=3640537992573530384</a></p>
<p>best from Madrid,</p>
<p>Dan O&#8217;Beirne      partner &#8211; MagicalSpain.com</p>
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		<title>By: Dan O'Beirne</title>
		<link>http://theeconomiccollapseblog.com/archives/four-reasons-to-be-even-less-optimistic-about-the-global-financial-system-than-you-were-last-month#comment-186456</link>
		<dc:creator><![CDATA[Dan O'Beirne]]></dc:creator>
		<pubDate>Fri, 20 Jul 2012 09:12:10 +0000</pubDate>
		<guid isPermaLink="false">http://theeconomiccollapseblog.com/?p=4234#comment-186456</guid>
		<description><![CDATA[Hello from Spain,   Wondering how long do you guys want to hold my comments in “moderation”?    best, D]]></description>
		<content:encoded><![CDATA[<p>Hello from Spain,   Wondering how long do you guys want to hold my comments in “moderation”?    best, D</p>
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		<title>By: Rodster</title>
		<link>http://theeconomiccollapseblog.com/archives/four-reasons-to-be-even-less-optimistic-about-the-global-financial-system-than-you-were-last-month#comment-185252</link>
		<dc:creator><![CDATA[Rodster]]></dc:creator>
		<pubDate>Wed, 18 Jul 2012 19:35:02 +0000</pubDate>
		<guid isPermaLink="false">http://theeconomiccollapseblog.com/?p=4234#comment-185252</guid>
		<description><![CDATA[Oh what the hell. Lets add Compton, CA to the bankruptcy waiting list. :)

http://news.yahoo.com/city-compton-may-declare-bankruptcy-september-officials-084555526.html?utm_source=twitterfeed&amp;utm_medium=twitter]]></description>
		<content:encoded><![CDATA[<p>Oh what the hell. Lets add Compton, CA to the bankruptcy waiting list. <img src="http://theeconomiccollapseblog.com/wp-includes/images/smilies/simple-smile.png" alt=":)" class="wp-smiley" style="height: 1em; max-height: 1em;" /></p>
<p><a href="http://news.yahoo.com/city-compton-may-declare-bankruptcy-september-officials-084555526.html?utm_source=twitterfeed&#038;utm_medium=twitter" rel="nofollow">http://news.yahoo.com/city-compton-may-declare-bankruptcy-september-officials-084555526.html?utm_source=twitterfeed&#038;utm_medium=twitter</a></p>
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		<title>By: enrico fermi</title>
		<link>http://theeconomiccollapseblog.com/archives/four-reasons-to-be-even-less-optimistic-about-the-global-financial-system-than-you-were-last-month#comment-184993</link>
		<dc:creator><![CDATA[enrico fermi]]></dc:creator>
		<pubDate>Wed, 18 Jul 2012 13:33:19 +0000</pubDate>
		<guid isPermaLink="false">http://theeconomiccollapseblog.com/?p=4234#comment-184993</guid>
		<description><![CDATA[Let me tell you story. Stick with my story until the end as its not about what it appears to be about specifically.  I live in Ireland. Going back all the way to 1996 house prices in ireland started to rise rapidly. By 2004 i was convinced about the unsustainaabilty of it. I got out of property and sat on the sidelines. But house prices continued to go up. One of my friends acquired 18 properties another had 8 and they are just an ordinary Joes. I told them to get and they laughed. Property prices continued to rise. I couldn&#039;t believe it (actually a but angry that i was more cautious than greedy). My friends became paper multimillionaires and i was living in a rented house because i knew 100% that it couldn&#039;t continue. However, even though i knew 100% that the housing market was going to implode, the timing was in the lap of the gods. I felt i had a duty to help my friends. whilst reading this you have to keep in mind the dellussion that existed at the time. I said to him ok tell me what you think will happen to the property market  - he said things will continue as they are!!! What 20% a year increases?? Of course he said why not! Because a house that cost 300 thousand today would cost .... wait for it.... 3 Trillion in 50 years time (True).  He couldn&#039;t accept the implausibility if at all and so between then and the collapse, he took on another few properties at ridiculous prices. When this kind of thing was going on you don&#039;t have to wonder how so many of the irish banks got into trouble and are for all intents and purposes insolvent. Never mind that wasn&#039;t the point of my story. 

The point is this... Some people know, because it is as plane as day, that the global economic system is unsustainable. Some people know it because they understand the dire economics. Yet others feel it. They know that something isn&#039;t right in the world. Others cant accept it, so they literally block it out. But on some level every one knows how bad things are, if some people can&#039;t deal with it let them do it their own way. Most of all, something that surprised me about the obviously unsustainable property market is this - not only did this thing go on so much longer than i thought it could, it actually accelerated near the and at the point of maximum velocity it literally fell off a cliff. Thats they way it will be again. Look for sudden surges in the market and then run for the hills!]]></description>
		<content:encoded><![CDATA[<p>Let me tell you story. Stick with my story until the end as its not about what it appears to be about specifically.  I live in Ireland. Going back all the way to 1996 house prices in ireland started to rise rapidly. By 2004 i was convinced about the unsustainaabilty of it. I got out of property and sat on the sidelines. But house prices continued to go up. One of my friends acquired 18 properties another had 8 and they are just an ordinary Joes. I told them to get and they laughed. Property prices continued to rise. I couldn&#8217;t believe it (actually a but angry that i was more cautious than greedy). My friends became paper multimillionaires and i was living in a rented house because i knew 100% that it couldn&#8217;t continue. However, even though i knew 100% that the housing market was going to implode, the timing was in the lap of the gods. I felt i had a duty to help my friends. whilst reading this you have to keep in mind the dellussion that existed at the time. I said to him ok tell me what you think will happen to the property market  &#8211; he said things will continue as they are!!! What 20% a year increases?? Of course he said why not! Because a house that cost 300 thousand today would cost &#8230;. wait for it&#8230;. 3 Trillion in 50 years time (True).  He couldn&#8217;t accept the implausibility if at all and so between then and the collapse, he took on another few properties at ridiculous prices. When this kind of thing was going on you don&#8217;t have to wonder how so many of the irish banks got into trouble and are for all intents and purposes insolvent. Never mind that wasn&#8217;t the point of my story. </p>
<p>The point is this&#8230; Some people know, because it is as plane as day, that the global economic system is unsustainable. Some people know it because they understand the dire economics. Yet others feel it. They know that something isn&#8217;t right in the world. Others cant accept it, so they literally block it out. But on some level every one knows how bad things are, if some people can&#8217;t deal with it let them do it their own way. Most of all, something that surprised me about the obviously unsustainable property market is this &#8211; not only did this thing go on so much longer than i thought it could, it actually accelerated near the and at the point of maximum velocity it literally fell off a cliff. Thats they way it will be again. Look for sudden surges in the market and then run for the hills!</p>
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		<title>By: Peter</title>
		<link>http://theeconomiccollapseblog.com/archives/four-reasons-to-be-even-less-optimistic-about-the-global-financial-system-than-you-were-last-month#comment-184829</link>
		<dc:creator><![CDATA[Peter]]></dc:creator>
		<pubDate>Wed, 18 Jul 2012 05:50:42 +0000</pubDate>
		<guid isPermaLink="false">http://theeconomiccollapseblog.com/?p=4234#comment-184829</guid>
		<description><![CDATA[Hi-ya. Thanks for keeping it real. I live in Melbourne, Australia and whilst we Aussies live in strong economic conditions, Im quite sure we will not be immune from the Fallout of a Collapse. Even though Preparing &amp; storing for such harsh economic times that will inevitable reach us all,is really not spoken about or really practiced with any urgency here I for one are following your advice &amp; preparing suitably for whatever the future holds. Thanks again &amp; keep up the great work. Yours simcerely. Peter in Melbourne.]]></description>
		<content:encoded><![CDATA[<p>Hi-ya. Thanks for keeping it real. I live in Melbourne, Australia and whilst we Aussies live in strong economic conditions, Im quite sure we will not be immune from the Fallout of a Collapse. Even though Preparing &amp; storing for such harsh economic times that will inevitable reach us all,is really not spoken about or really practiced with any urgency here I for one are following your advice &amp; preparing suitably for whatever the future holds. Thanks again &amp; keep up the great work. Yours simcerely. Peter in Melbourne.</p>
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		<title>By: McHail</title>
		<link>http://theeconomiccollapseblog.com/archives/four-reasons-to-be-even-less-optimistic-about-the-global-financial-system-than-you-were-last-month#comment-183933</link>
		<dc:creator><![CDATA[McHail]]></dc:creator>
		<pubDate>Mon, 16 Jul 2012 22:46:18 +0000</pubDate>
		<guid isPermaLink="false">http://theeconomiccollapseblog.com/?p=4234#comment-183933</guid>
		<description><![CDATA[We should all &lt;b&gt;&lt;i&gt;appear&lt;/i&gt;&lt;/b&gt; to have &quot;blind faith&quot; in the system, whilst setting up connections with like-minded people]]></description>
		<content:encoded><![CDATA[<p>We should all <b><i>appear</i></b> to have &#8220;blind faith&#8221; in the system, whilst setting up connections with like-minded people</p>
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		<title>By: therooster of Christ</title>
		<link>http://theeconomiccollapseblog.com/archives/four-reasons-to-be-even-less-optimistic-about-the-global-financial-system-than-you-were-last-month#comment-183909</link>
		<dc:creator><![CDATA[therooster of Christ]]></dc:creator>
		<pubDate>Mon, 16 Jul 2012 21:43:42 +0000</pubDate>
		<guid isPermaLink="false">http://theeconomiccollapseblog.com/?p=4234#comment-183909</guid>
		<description><![CDATA[Just how long do you guys want to hold my comments in &quot;moderation&quot; .....?  Am I gonna see the second coming before this last post (at about 7:22 am) gets displayed ?]]></description>
		<content:encoded><![CDATA[<p>Just how long do you guys want to hold my comments in &#8220;moderation&#8221; &#8230;..?  Am I gonna see the second coming before this last post (at about 7:22 am) gets displayed ?</p>
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