Hyperinflation warning for UK, US

[Skybird]

http://www.zerohedge.com/news/ubs-issues-hyperinflation-warning-us-and-uk-calls-it-purely-fiscal-phenomenon

http://www.zerohedge.com/news/pick-your-debt-poison

Not nice.

[mookiemookie]

Zero Hedge? Really? You'd do better getting your financial news from a source that's not an outlet for the perma-pessimist Austrian school of economics chicken littles.

Zero Hedge has predicted 20 of the last 3 recessions. :O: Once in a while they'll post something worthwhile, but there are too many lunatics on that site to take it seriously.

[Skybird]

Zero Hedge? Really? You'd do better getting your financial news from a source that's not an outlet for the perma-pessimist Austrian school of economics chicken littles.

Zero Hedge has predicted 20 of the last 3 recessions. :O: Once in a while they'll post something worthwhile, but there are too many lunatics on that site to take it seriously.

Ah, shooting the messenger it is today.

Well, take the descriptive information in that. It is not by zero hedge, it is by Switzerland's biggest (or one of the biggest) bank, UBS.

[the_tyrant]

Ah, shooting the messenger it is today.

Well, take the descriptive information in that. It is not by zero hedge, it is by Switzerland's biggest (or one of the biggest) bank, UBS.

To be fair there weren't any source links.
I mean, even playboy does better :O:.

I guess if you want to convince him, you need a few more reliable sources?

[Skybird]

They said it at the very beginning, in the first or second paragraph! Plus the IMF and the UBS are mentioned as source additionally in every single graph there is, in tiny letters at the bottom of each graph. Date: April 2012

[STEED]

the IMF - mentioned as source additionally

The IMF for years have been lap dogs to the banks, just a grubby organisation wanting its piece of the cake.

IMF economist accuses Fund of suppressing information
Sat, Jul 21, 2012
http://uk.news.yahoo.com/imf-economist-accuses-fund-suppressing-information-011637838--business.html

http://www.reuters.com/article/2012/07/21/us-imf-resignation-idUSBRE86K01G20120721

[Skybird]

The paper-wealth lobby of the London City District is so much better, eh? Libor, anyone?

You guys should not waste your time trying to shoot the messenger for unwelcomed news. Take the numbers. If you can falsify them, do so. If not, run some conclusions on their basis.

Man I just need one single look at some of the graphs, especially in the second link, and then I immediately know there is an avalanche of problems heading for us. One even needs no clever, complex thinking there. Plain sane reason tells one so. And history, especially German history from the second and third decade last century. We have been there. Germany, in theory, should know better than anyone else in the world what hyperinflation is and how it gets caused.

Unfortunately, Germans' memory is as short-legged as that of anyone else.

[STEED]

Sky, I don't trust the city mile their all bloody scum crooks on the take and that suits our dipstick PM well. Every time the EU wants to regulate the city Posh boy Cameron steps in and states no no no. The thing is sky I know it, half the population here knows it but no one will do sod all about it! We're been * right up the * by these swindling maggots who have damaged the UK and will continual to do so.

I would gladly pass my book on to Cameron but I know he will only burn it.

When Money Dies: The Nightmare of the Weimar Hyper-Inflation
by Adam Fergusson

[Skybird]

Sky, I don't trust the city mile their all bloody scum crooks on the take and that suits our dipstick PM well. Every time the EU wants to regulate the city Posh boy Cameron steps in and states no no no. The thing is sky I know it, half the population here knows it but no one will do sod all about it! We're been * right up the * by these swindling maggots who have damaged the UK and will continual to do so.

I would gladly pass my book on to Cameron but I know he will only burn it.

When Money Dies: The Nightmare of the Weimar Hyper-Inflation
by Adam Fergusson

We are all in this mess togethjer, it just will catch us at different times and in slightly different ways.

"My book"? That book is by you, then - Adam...? :hmmm:

:salute:

P.S. Available in German, too. Readers' feedback 5 stars: LINK (http://www.amazon.de/Das-Ende-Geldes-Hyperinflation-Menschen/dp/3898796272/ref=sr_1_1?ie=UTF8&qid=1342968388&sr=8-1)

[Takeda Shingen]

To be clear, the best part of my day is to come to SubSim to see how Skybird will tell us we are going to die in our beds, and to have him then mock the rest of our personal beliefs.

So I suppose that we don't need to worry about building spaceships, river pollution, arresting and detaining religious practicioners or any of the other problems of mass hysteria. There won't be any money for that. For Skybird, death lurks behind every door.

[Hottentot]

To be clear, the best part of my day is to come to SubSim to see how Skybird will tell us we are going to die in our beds, and to have him then mock the rest of our personal beliefs.

Wow, after that I'm not even going to ask how was the rest of your day. :o

[Skybird]

To be clear, the best part of my day is to come to SubSim to see how Skybird will tell us we are going to die in our beds, and to have him then mock the rest of our personal beliefs.

So I suppose that we don't need to worry about building spaceships, river pollution, arresting and detaining religious practicioners or any of the other problems of mass hysteria. There won't be any money for that. For Skybird, death lurks behind every door.

Good morning to you as well. :salute:

[Takeda Shingen]

Wow, after that I'm not even going to ask how was the rest of your day. :o

:haha: :up:

[STEED]

"My book"? That book is by you, then - Adam...? :hmmm:

:salute:

P.S. Available in German, too. Readers' feedback 5 stars: LINK (http://www.amazon.de/Das-Ende-Geldes-Hyperinflation-Menschen/dp/3898796272/ref=sr_1_1?ie=UTF8&qid=1342968388&sr=8-1)

I wish. :haha:

Here it is...http://www.amazon.co.uk/When-Money-Dies-Nightmare-Hyper-Inflation/dp/1906964440

Most probably the same book.

[JU_88]

Yes, I agree there will likley be a once in life time econmic collapes type scenario at some point this decade (who knows when) It wont be pretty at all, there wil be violence and people will die, but I dont think it will be quite the zombie apocalypes some are predicting either. Rememeber that becoming an 'aggressor is only one of many possible ways people deal with desperation. i expect many communities will try and pull together also, so it will be a double edged sword.
People forget that a while a time of crisis will bring out the worst in some, it will bring out the best in others.

Anyway, no doubt - most of us will be left much poorer and will have to re-adjust our lifestyles rather drasticly. many businesses, big and small will be wiped out.
Im betting at some point we all be defulting on our debts and forced to roll out new currencies then change will be abound, weather its change for the worst or better, remains to be seen. The financial related court cases will probably go on forever, but hopfully we can resist going to war with each other over it.

I think this finanacial/debt crisis will continue to unfold like a slow motion train wreack, a series of mini dooms days rather than one big one. But any kind of 'recovery' that they keep talking about is simply not going to happen for very, very long time indeed. So we must forget about that one for now.

[Jimbuna]

You guys should not waste your time trying to shoot the messenger for unwelcomed news. Take the numbers. If you can falsify them, do so. If not, run some conclusions on their basis.



My own personal conclusion:

Thank God my pension is index linked against the brunt of inflation.

That is not to say I don't particularly care about the effect it will have on so many.

[STEED]

Welcome the the club Skybird. :D

The negative watch club!

http://uk.news.yahoo.com/germanys-credit-rating-negative-watch-071921561--finance.html


We're been in the club for a few months now and I can report the City & Bankers don't give a stuff as they are far too busy with lots of ponzi ideas to make them rich and anyone who falls for it poor.

[STEED]

I see Germany is throwing their toys out the cot! :huh:

Chill out Germany. :D

[STEED]

Where is Skybird for the man in the street answer when you need him?


Too busy reading on-line news papers with a big mug of coffee by his side. :D

[Jimbuna]

Where is Skybird for the man in the street answer when you need him?


Too busy reading on-line news papers with a big mug of coffee by his side. :D

Close guess.

http://im1.shutterfly.com/media/47a2d805b3127ccef025a61a38f400000030O00JbM2zNm4ZA9 vPgY/cC/f=0/ps=50/r=0/rx=550/ry=400/

[Catfish]

Oh, yes the Euro is going down, we will all perish blahblah.

Meanwhile the US keeps sawing with agencies like Moody's, Standard & Poors etc. lol. I can clearly see how the US economy, banks and those US agencies have an interest in stabilizing the Euro and declass their own currency :88)
Now they seem to strike back ?

[Skybird]

http://im1.shutterfly.com/media/47a2d805b3127ccef025a61a38f400000030O00JbM2zNm4ZA9 vPgY/cC/f=0/ps=50/r=0/rx=550/ry=400/

Victory, yeah! :D


Moody puts Germany under pressure, rumour says the German crime gang in parliament is not happy since the chance is increasing every day that their megalomaniac bluffs and ponzi schemes all will blow up one day. I wonder why they are getting nervous - they do not have to pay for it and will not be held responsible for the damage anyway. They will not even be called for sending a bullet through their brain - probably because it is virtually impossible to hit such a tiny entity.

Meanwhile Greek boss again accuses Europeans of not being solidaric and damaging Greece - and thios after the troika just found that they have not only realised reform promsies, but even u-turned and turned away from privatisation, and turned more private business into state-run business, also they blew up their bureaucratic apparatus by having employed even more clerks: over 1000.

They had too few of them, it seems. :dead:

[STEED]

The Agency's are in the pocket of the Banks and so is the IMF.

Want to make money? Get a brokers license and get on the trading floor and pocket large sums of money into hush hush accounts.

Did anyone see that news items on the world's super rich and between them they have stashed away £13 Trillion or another way $22 Trillion! :o

Finished reading -
CURRENCY WARS, The Making of the Next Global Crisis by James Rickards.

Now reading -
PLANET PONZI, How Politicians and Bankers Stole Your Future. What Happens Next. How You Can Survive. By Mitch Feierstein