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14 Mar 2013
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Join Date: Mar 2007
Location: UK
Posts: 4,343
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Quote:
Originally Posted by McCrankpin
Enough of that, someone's just directed me to this website.
Analysis-News
What a laugh! Have a look at the bottom of the page, commencing " Some Quotes from People Who Understood ....."
One stands out, from Sir Josiah Stamp, director of the Bank of England, 1928 onwards - "The bankers own the earth. .... if you wish to remain the slaves of bankers and pay the costs of your own salary, let them continue to create deposits."
Plus ça change ....! There'll be growth in the spring!
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Yep, Spring is fast approaching and the governments of Europe, in particular, continue to peddle the notion that they can wave a wand and generate growth.
I've now read that link and it makes a lot of sense; however, I have read some of the other bits of the main website and there are some "kooky" views in there - definitely a conspiracy theory repeats itself. Nevertheless, it's an interesting link.
We've had a few views expressed in this thread about what has been going wrong, especially since around 2007-08, but here is a forecast of "the next big thing":-
Private equity crash could trigger next wave of financial crisis, Bank warns | Business | The Guardian
And that article led me to:-
Home - Positive Money
Which, for once, offers some solutions to the current impasse; or so I believe - I have yet to dig into this particular webpage in any depth, but one of the links therein points to a published book that has some ideas about money supply (naturally, those who equate money with national wealth will have little interest in such alternatives).
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Dave
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Check the RAW segments; Grant, your HU host is on every month!
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Lots more comments here!

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