U.S is back in another great recession.

[tranquilized]

Brexit wins! Britain are out out of the EU

http://www.theage.com.au/world/brexi...24-gpr3o0.html

Scotland are already talking about another referendum to secede from Britain so they can remain in the EU

What a mess!

[blueoval]

This is either a catastrophe or a clever move. Not by the people of Britain, but by the globalists who want the world to crumble so they can bring in the new world order.

[Trump]

The globalists weren't counting on a leave vote, but they can still get their way; parliament doesn't have to comply with the plebiscite result.

[GASWAGON]

A great day for Britian I reckon.

ASX in freefall as I type this post.

Possible GFC 2 just around the corner???

[blueoval]

So what happens next now that Brexit votes to leave?

Read here http://www.news.com.au/finance/econo...522df96bb7d5fd

[superyob]

Originally Posted by Loud_Noises

No problem at all Mr Yob.

The US Constitution gave Congress the power to create the money of the new nation (Article I, Section 8):



Section 10 also dictated that the coin could only be gold or silver:



They further reinforced this in The Coinage Act of 1797, where they defined the dollar by the amount of gold and silver in each coin.

However this didn't sit well with Blighty at all, as these moves basically cut off their tribute from the Colonies. As a result, the prosperity of the new nation increased in leaps and bounds and the British Establishment was not happy, resulting in the war of 1812 and numerous attempts to hand over creation of the nations money to private banks. The bankers got their way in 1913 though and the US dollar has lost 97% of its value in the years since.

The other (and far more serious) consequence of the Federal Reserve printing the nations currency is that every Federal Reserve Note is a debt-based instrument of currency (an IOU essentially). They are IOU's due to fractional reserve banking and finger snapping (almost literally, when they announced QE1, all the Fed did was create an entry in the ledger for $700 billion and there it was). This also applies to every single byte in the banking computer systems that came from the Federal Reserve (via quantitative easing and otherwise).

Does that help clarify things or have I further muddied the waters?

Muchos gracias LN. I think I get the gist of your information...

[castellan]

Originally Posted by Giant Cranium

I was really hoping that you would have snuck at least one 'nazi' in there

JB senior

[Trump]

Originally Posted by castellan

He comes across as a person who loves his nation and the old hag could not care less, all's good to her no worries at all.

Who would want a 70yo woman to be in charge of a nation truly seriously, it's just madness.

Oh hubby was the leader, I want to be the leader

I thought that USA was a democracy so what's this JB senior JB junior and JB baby Bush bloody royalty are they !

The US was founded as a republic. It might not be obvious, but there are glaring differences between a a democracy and a true republic.

[mik]

Originally Posted by blueoval

This is either a catastrophe or a clever move. Not by the people of Britain, but by the globalists who want the world to crumble so they can bring in the new world order.

I have to eat humble pie on that one, i did not think they would leave, obviously public opinion is that things are already looking decidedly Shaky.

[blueoval]

Originally Posted by mik

I have to eat humble pie on that one, i did not think they would leave, obviously public opinion is that things are already looking decidedly Shaky.

Well it's not final until the pollies sign the docs and make it happen. So even though the referendum says to leave, it could all change. Chances are though, they will probably go the Lisbon Treaty and things will be sorted within 2 yrs.

Interesting days ahead.

[mik]

Originally Posted by CoolBFWagon

A great day for Britian I reckon.

ASX in freefall as I type this post.

Possible GFC 2 just around the corner???

I don't think so, it was already on the downer anyway, imo global economy has been on the ropes for a while, most countries have been treading water , more or less trying to stay out of recession,
have a look at our own economic condition, i reckon we are in much the same boat, polies are too scared to cut spending and get out of debt for fear of putting us into the big R.

Look on the bright side, a bit of Kaos and pain might be the Kickstart needed to get things going in the right direction again.

[vztrt]

Originally Posted by Mercury Bullet

He's a great salesman you've gotta admit that.

Most people have no idea about this and continue to believe he's a billionaire.

Funny enough most people that like him are male uneducated blue collar and white. Funny enough that demographic isnt as big as it once was.

But it is funny he is allowed to get away with saying things others can't. The one that amazed me was having a go at mcain not being a war hero cause he was in an interment camp for 10 years....of course Trump was busy partying it up spending daddys money at that time.

[DASTIG]

Originally Posted by mik

I don't think so, it was already on the downer anyway, imo global economy has been on the ropes for a while, most countries have been treading water , more or less trying to stay out of recession,
have a look at our own economic condition, i reckon we are in much the same boat, polies are too scared to cut spending and get out of debt for fear of putting us into the big R.

Look on the bright side, a bit of Kaos and pain might be the Kickstart needed to get things going in the right direction again.

The big problem with the pollies is that they have a short termism issue. Say anything to win a vote now that has no positive long term benefit. Voters are also thinking about themselves now rather than as a group what they can give up for a better future for all long term!!

[wodahs]

Originally Posted by blueoval

This is either a catastrophe or a clever move. Not by the people of Britain, but by the globalists who want the world to crumble so they can bring in the new world order.

I can almost smell a comment of "the committee of 300" conspiracy theory coming some time

them Illuminati must be at it again

[Syndrome]

The US never left the "Great Recession"

[Adamz Ghia]

The US is in big trouble. Having just returned from there I was surprised at how old their infrastructure is. That's all going to need replacing soon and I can't fathom how it's going to be paid for.

[wodahs]

Originally Posted by Adamz Ghia

The US is in big trouble. Having just returned from there I was surprised at how old their infrastructure is. That's all going to need replacing soon and I can't fathom how it's going to be paid for.

they may have to loan money from the chinese

[castellan]

Originally Posted by vztrt

Funny enough most people that like him are male uneducated blue collar and white. Funny enough that demographic isnt as big as it once was.

But it is funny he is allowed to get away with saying things others can't. The one that amazed me was having a go at mcain not being a war hero cause he was in an interment camp for 10 years....of course Trump was busy partying it up spending daddys money at that time.

People should be able to say what ever they like, I can't believe that people nowadays swallow all this Political Correct big bro dictating type crap, our forefathers fought against that madness crap for crying out loud, can't you all see it !

[Bossxr8]

They already owe the chinese billions. Who do you think buys their debt?

[wodahs]

yep already knew but thought it be worth a laugh posting up
always makes me laugh that we cant get friendly at all with china so we don't upset the U.S. but they owe china already so much anyways

[castellan]

Originally Posted by Bossxr8

They already owe the chinese billions. Who do you think buys their debt?

Now hang about China is a nothing nation only some years ago and the USA and such helped bring about all the investment in China to build it up.
China could do bugger all without USA and others investments in the first place and China does not have all the money at all, as they don't truly own much at all.
People have invested in China as a way of doing business mainly because it's hopeless in there own nation with all the tax's and red tape that's destroying them.
Not to mention that people voted for all this to try work help 3rd world nations up and that's what the NWO is about, helping poor nations up, or so the spiel goes, we in the 1st world only have to become a 2ed world nations in return so there is a level playing field.

Thing is you voted for it, (most don't know that) but they have not informed you of what they are truly up to, as it's not for you to know anything of there true plan, because if most did know then you would not go along with it.
Because you are to loose your sovereignty, you will become just like cattle unless you are very rich.