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Old 9th Oct 2011, 02:43
  #173 (permalink)  
gobbledock
 
Join Date: Oct 2009
Location: Alabama, then Wyoming, then Idaho and now staying with Kharon on Styx houseboat
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Some UK momentum, once again more measures about to be unleashed to ensure pensions become worthless, inflation empties your pocket, and your superannuation takes a hiding. Quantitative easing by the Bank of England (printing more money)
Quantitative easing by the Bank of England: printing more money won’t work this time - Telegraph

There has never been proof that QE works. The question is 'did people know about the BoE’s QE plan before it was announced? Damn straight - there was a strange 4% rally on Tuesday.Yep, the bankers, politicians and those in power get the inside tip, secure their assets while everyone else gets screwed. Add to this the EURO's collapsing and the USD collapsing and you have the 1930's again on our doorstep.
The EURO is dead, the USD is dead and the Pound is not far behind it.
What is unravelling is the death of greed and incompetence. Any child could see that 'printing money' to create material worth is simply as ludicrous as it sounds.

I just hope that when it finally implodes the mass populous track down the merchant bakers, lying politicians, federal reserve board members, parasites, manipulators, leeches and Wall Street pigs who have killed the world's global chance of prosperity to satisfy the lust of an elite few.

This story is playing out still and the ending will be the greatest financial, social and economical bloodbath in 80 years.
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