Another financial crisis averted today, how much longer will this continue?

[vacuum]

I've noticed we always seem to be only one or two weeks away from the financial system collapsing lately, until there is another "rescue" and the markets surge again.

Every time there is some problem that needs to be averted, we shortly see a bailout, interest rate drop, or coordinated agreement of some sort. This seems to restore confidence to the markets, until the next issue comes up.

Regardless of the details of each of these problems and solutions, by now it should be clear what the pattern is. Problem then temporary solution, next problem and solution, etc.

At some point it seems that regardless of the proposed solution, no matter what it is, it will no longer restore confidence, because the pattern keeps repeating. It seems to me like all these financial maneuvers themselves won't cause hyperinflation, but the more likely scenario is that people will just want to opt out of any involvement or exposure to the system itself. That's what will cause the hyperinflation.

[Neuro]

You got that right. Hyperinflation is a mass psychological event. People just lose trust in the value of paper. It really doesn't have any other value than what value people think it has, the shenanigans just make people realize that the paper is worthless...

[gunDriller]

meanwhile the world goes deeper & deeper into debt into a cabal of shadow banksters.

telling them to shove it, like Iceland did, is the prudent step.

the shadow bankster Jew leeches will be collecting interest on that debt for a long time. to them it doesn't matter if the US $ loses 90% of its value over a 10 year period.

[Ash_Williams]

It's so predictible. I only came back to the forum on monday in case the newest inevitable bailout was posted here first.

Lazy bastards took until this morning to do it - so I guess I was off by a day.

Bought last week, sold this morning. I was a little worried last night after all the banks got downgraded, but I had faith in our benevolent leaders and it paid off. Today, the downgrade is forgotten.

Buying as things go to shit and selling after predictable bailout could be my retirement job for as long as this idiocy goes on.

I will return to my offline ways. See you guys before the next bailout...

[mick silver]

nothing more the the biggest shell game played on the world . how far off before they control every thing ? one has to ask there self this , just how bad is it and how bad is it going to get

[Sparky]

I think 2-3 years.

[Silver Rocket Bitches!]

They're just gonna kick the can until their foot falls off.

[Dogman]

All it is going to take the whole world wide house of cards down......Is one good fart! (Stinky is optional)

[iOWNme]

ANYONE who has had their confidence restored because of Government actions needs to have their head examined.

Governments DESTROY individual prosperity.

Governments CREATE social problems.


Now, I do a see a pattern here.......

[Spectrism]

Does anyone have a clue about how hard Bernanke and his complicit bankster friends have screwed us?

If people knew what just happened AGAIN (after the $7.7trillion 2008 Euro bailout), those bastards would be swinging at the ends of ropes.


Consider the cost increases of everything. When the price for an item doubles, that is how much value they stole from you. Just watch what happens over the next few months as your $20 won't buy $10's worth of things. They are destroying any remaining value in the dollar to ease the drop (crash) of the Euro.

[chad]

high gas is coming. it's over $100 a barrel now. just wait until spring. that will be the beginning of the end. NOTHING works with gas much above $5.

[Ares]

I think 2-3 years.

You're being too optimistic. :)

I give it a year, maybe 2 tops. Europe is screwed, U.S. is screwed. Debt that can't be paid, won't be paid. There's only so much they do before the entire confidence game is toast.

I base that off of the discontent already forming from the Occupy movement. They're main target is banks. Granted they haven't put all the pieces together and some (if not most) are ardent communist / socialist. They do realize that banks are the problem and do not deserve their confidence. How long before that message spreads to others who agree?

[Dogman]

Wonder what would happen if all of the big players , forgive all of the debt, and start with a new page? Hypothetically thinking?

[Golden]

Forever, The End.

[Spectrism]

Wonder what would happen if all of the big players , forgive all of the debt, and start with a new page? Hypothetically thinking?

You are forgetting the Ferengi rules of acquisition. What profit is there in forgiveness?

http://images2.fanpop.com/image/photos/9300000/Quark-ferengi-9330446-581-740.jpg

[Dogman]

You are forgetting the Ferengi rules of acquisition. What profit is there in forgiveness?

http://images2.fanpop.com/image/photos/9300000/Quark-ferengi-9330446-581-740.jpg L.M.F.A.O !

Bam out of the blue! Good one, Spectrism!

1703

[Sparky]

You're being too optimistic. :)

I give it a year, maybe 2 tops. Europe is screwed, U.S. is screwed. Debt that can't be paid, won't be paid. There's only so much they do before the entire confidence game is toast.
...


Yes, but we've known this for some time. How do you convert that to a time frame that addresses the original question?

My thinking is that there's a boatload of pain they have put off until 2013. Expiring Bush tax cuts, the SuperCommittee automatic cuts, expiration of the payroll tax cut (which I'm assuming will also get renewed for 2012). The new presidential term will start, and it will be time to face the music. It will probably take a year for the gravity of the situation to be fully acknowledged and fully take hold. This is also a reasonable time frame to play out the impact of the massive global liquidity flood that was announced today. Unless there's some kind of inter-planetary bailout to follow, we're probably witnessing the last card being played right now. It's a huge card, so it's not going to happen overnight.

So, late 2013 or 2014 is still my guess.

[iOWNme]

high gas is coming. it's over $100 a barrel now. just wait until spring. that will be the beginning of the end. NOTHING works with gas much above $5.

Wait until we start a real War with Iran....They will close the Strait of Hormuz (http://en.wikipedia.org/wiki/Strait_of_Hormuz) which supplies an estimated 40-50% of the worlds crude oil.

[Spectrism]

These days I just walk around mumbling to myself, "those bastards!"

And then I find myself driving the car talking to myself : "Those thieving bastards!"