Britains sleepy, Italy is drunk & groping a girl, France can't reach their coat of the pegs, the Spanish are borrowing money for a taxi. Greeks are in the gutter, Yugoslavia is still knocking to come in. Most of all Germany is getting stroppy because their organised EUSSR party is OVER!
Communists are fucking backwards.. they cry: "HURR DURR, POLICE STATE AUTHORITARIANISM!" when they want their own autocracy, but under their own ideological viewpoint. fuck communism, fuck authoritarianism, fuck Keynesianism, go Austrian school!
The typical bullshit crap "complaints" about Europe.
For instance, some guy moaning Europe believes in cut-backs. No, instead they should create more non esisting fantasticogazillions out thin air and increase the national deficit over and over again and then wait for the next even bigger catastrophe just like the US which is ...... uuhhh is doing so "well" these days because of there eternal spending and borrowing. Maybe they should also add a war or three? Crap.
@CommanderMethos Indeed. So many people that simply don't get it. It's to big to fail. It can only seriously devaluate until better times and then appreciate again. It cannot disappear. Big countries like Spain and Italy could never leave the Euro. Maybe a village economy like Greece could but even then. At least the Euro is real money. How would you get rid of the national deficit issue with a new Drachma ...... Who would give you a loan then ..... LOL
@Efteling4Ever countrys never get rid of their national defecit. also im in full agreement with you. however i beleive we need a federal centeral EU authority in charge of the euro and not a dozen member states.
@CommanderMethos "a federal centeral EU authority in charge of the euro and not a dozen member states." Think that that (more central budget control + power to take penal action) is exactly what the long term solution will be. But it is unpopular, as it would mean handing over part of national sovereignty. Politicians will oppose this as long as possible, and waste gazillions of money over it until the inevitable cannot be postponed anymore.
"Of course there should be a Central Bank!" - Yes, but they shouldn't "create" credit on a keyboard. The issue of all currency and credit is - or SHOULD be - the job of the government.
"....Very politely say 'we have to shoot you (the central bankers)'"?? How about very impolitely blowing their heads off with a shotgun or AK47 for causing the messes the world is in?
Everyone - ESPECIALLY the rich - needs to pay their fair share of taxes. What is this horseshit? No wonder the world is bankrupt.
Dr. Michael Hudson (13:30): "100 years ago no one could imagine that social-democratic and labor parties are now to the right of the conservatives. The left wing is now the right wing. It is the left wing parties that led the fight for the privatization and turn over the power to the banks. It is as if they have been taken over by the banks and they are socialists in the name only. We used to call them FASCISTS in America."
I was raised in ex-communist country (Yugoslavia) and I was taught that the so called "democracy" and the so called "election system" in the western countries are fake systems run by the rich and their puppets in the political system (the parties). The system is meant to give an illusion that the people control their countries but in fact they do not. All the parties are controlled from the same center.
@MBarroso75 : dude, you dont understand jack shit. You have one usefull idea in your tiny head, and that is "the elite is exploiting the masses" - and then you go and turn it into a faerie tale about a cult of people who do it all out of evil intentions. It's so fucking boring to look at, when you know the exploitation is a symptom of the system. It will NEVER end, until we stop using money - and that wont happen until shit gets really shitty.
Your enemy is not people, but a system. UNDERSTAND?
@MBarroso75 : illuminati is taken straight out of a christian nightmare. I'm not christian, so i neither believe in, nor fear them.
But if you enjoy fearing phantoms, then be my guest. Truth is, no elite will have any power without monetary power. So if they destroy their currency, they're in essense vaporizing their own grip of power... That is ofcouirse assuming that people will be ready for a new system, once it's all crashed and burned. If not, then i guess karma is a bitch.
What a dumb ass. "We need to go back to Keynes". You keynsians have had your shot, you lost. The last 80 years are nothing but boom and bust. The busts increasingly lower than the rise in the booms. Give it up.
19:21 "Why do you hate Angela Merkel so much". You're so right, Mister. Merkel has no clue of finance ... but even worse, she's chosen to trust banksters like Josef Ackermann instead of independent experts. She's making no secret of that:
The only reason for a European Union is to take power from souviegn countries and steal their assets. A Union for what? So Eruope can compete with the US? Sounds good, but it doesn't make any sense. And besides Mega mergers and Centralizing power into a elite efficient business doesn't help workers and besides protests their votes are meaninglessl
@MBarroso75 : you're funny.. i have no stakes in this game. Capitalism is shit, and that's regardless of what symbol's used on the currency. I'm just watching as this dysfunctional system crashes and burns. Maybe then people will realize.
After the crash of the false "economic system" they will sell to the world the cute story of "One World Government". Now we are barely feeling the pain of the things to come.
Government gets all the blame for private commercial and central banks mistakes.
The selling point for capitalism is that individual greed is good for society as a whole. That has not been proven adequately and certainly does not apply to currencies and central banking.
The national currency and credit creation is a public asset and prerogative. It belongs to the people and should act in public interests. Private central banks will act in favour of private interests.
The whole selling point for private central banks which turned out to be a trick/lie/propaganda was that "OH NO! If we give the power to issue currency and credit to the government of the people to which it rightfully belongs, they will be reckless with it. GOV'T BAD! GOV'T BAD! GOV'T BAD! We have to give the power to issue currency and credit to private interests because they are more responsible and the principles of the free market is always right and will guide them."
If gov'ts around the world had any balls, they would say the national currency and credit creation are a public asset and prerogative. You private banks made bad bets and debts. You either go bankrupt or we nationalize you because issuance of currency and credit creation are powers of the people vested in the gov't.
Currency is either privately or gov't controlled. Gold is private. Federal Reserve is private.
The USA Constitution advocates for national government controlled currency.
Art 1 Sec 8 gives Congress the power to coin money.
The Austrian assholes and everyone else advocating for a commodity standard including gold want privately controlled currency and are upset they didn't get invited into the Federal Reserve. When possible private interests will collude and conspire against the general public even Adam Smith said that. It's just like prior to the FR.
If you don't factor the NWO Agenda 21, growing global regulatory police state and the NWO forced implementation of the 'Mediterranean Block' on south and east Mediterranean countries underway, then don't bother discussing the Euro with expectations of resolution.
Anti-capitalists have been burning thousands of luxury cars (BMW's, Mercs etc) in Germany with the news networks hoping that if they don't report on it, it won't spread.
As Orwell said, "The lady in the Rolls-Royce car is more damaging to morale than a fleet of Goering’s bombing planes."
Aside from the Irak quagmire, energy problems continue to dominate Bilderberger discussions. Oil and natural gas are finite, non-renewable resources. That's because once used up it cannot be replenished."
"As the world turns, and as oil and natural gas supplies dwindle while demand soars dramatically, especially with Indian and Chinese booming economies who want all the trinkets and privileges of an American way of life, we, as the Planet, have crossed the midpoint of oil production and discovery."
"From now on, the only sure thing is that supply will continue to diminish and prices will continue to increase. In these conditions world conflict is a physical certainty. End of oil means end of world's financial system, something which has already been acknowledged by Wall Street Journal and the Financial Times, two full time members of the Bilderberger inner circle."
"Goldman Sachs oil report, [another full time member of the Bilderberger elite] published on March 30, 2005 increased the oil price range for the year 2005-6 from $55-$80 per barrel to $55-$105. During 2006 meeting, Bilderbergers have confirmed that their short range price estimate for oil for the 2007-08 continues to hover around US$105-150/barrel."
"No wonder Jose Barroso, President of the European Commission, announced several months ago during the unveiling of the new European energy policy that the time has come for a "post-industrial age." To bring the world into the post industrial age, you first need to destroy the world´s economic base and create another Great Depression. When people are poor, they don´t spend money, they don´t travel, and they don´t consume."
lol... independent central bank..I wonder how it works.. banks selling more debt and more debt and change the interest interest rate to screw peoples lives.. very interesting
This debate misses the whole problem of compound interest and more, but I chose to ignore these more radical issues, because the debate was heading in the direction of ceasing to screw the lives of you, I and 99% of people around the world.
I know nothing about Austrian economics.. All I know is that if that debt/loan market wont be regulated well, another crisis will be on the horizon. It doesnt matter to me who regulates the interest rates, if the one who regulates the interest rate is someone greedy/malicious , then they will lead to more and more debt, and trigger debt at the end.. Any new financial intruments produced out there, should have a double check or not be introduced at all
You really don't have solution mess. You forget when was same problem what was solution in last century, was war 2. You think that You ready for the 3d one.
Solution is sample and have to be effective and welcoming for everyone not for small groups of people!
People want reform to prevent powerful lobbyist to exploit capitalism for their own interest at the expense of the general public. Reform must happen both at the government & the corporate level. The risk of revolution can be pretty high if reform doesn't take place.
Very good debate ... best yet ... analytic and constructive.
Good to hear Thatcher dumped on, the hand-bag fascist!
NOTE: Capitalism is dead, long live (not) Financialism of the Banksters ... mind you I favour a mixed economy, with a dash of the real Keynes.
Though I am familiar with the topics covered, I shall watch/LISTEN to it all again, I suggest that others should too ... one hell of a lot of ground is covered.
Only lately have I become familiar with the term "rentier". It's important.
It can be very stressful listening to these people blabbing at light speed. If they really know what is really happening, they would have make it sound really slow and simple. When there's a problem, don't complicate, less is more.
Yes it is rapid-fire, but there HAS to be an assumption that a listener has some background knowledge.
I could lose you if I was discussing some engineering problem, whilst you could lose me on whatever your area of expertize is ... then up to me to catch up with you.
Up to you to catch up with economics/current affairs and politics ... like I did whilst working as an engineer, thus this debate makes good sense.
@Setarcosism If their message is to be convey to the general public, they can't assume everyone is an academic. When they can't present their message in it's simplest form, they don't have a grasp of the problem. It's the same in every field. If a physicist can't explain the bell experiment in layman terms, he really doesn't understand what he is trying to say. There are too many fast jargon speaking academics which are intellectual wannabes, contributing only confusion & displaying zero wisdom.
"There are too many fast jargon speaking academics which are intellectual wannabes, contributing only confusion & displaying zero wisdom."
Ever read Plato/Socrates? He was mentioned and his claim to wisdom was he knew nothing of importance, whereas you just rubbish those who have made at least some attempt to gain wisdom.
Have you read Adam Smith and John Maynard Keynes?
Just because you know nothing, don't rubbish those who know something.
@Setarcosism Wow, as if you're the only literate in the entire world. Your desperate personal attacks certainly reveals a lot about you.
"Any intelligent fool can make things bigger and more complex... It takes a touch of genius - and a lot of courage to move in the opposite direction." Einstein
@meltingEyeballs Sigh, so you prefer to be spoon-fed in comfortable sound-bites-- even if that mean telling only half-truths/lies? Are you confusing Cross-talk for public info-tainment like an American morning talk show?
I mean, if there was a simple/easy answer or explanation for all the problems and issues leading to and compounding the crisis the Euro is in, things would already have been solved and people wouldn't be talking about it.
@ApocalypticAang You totally missed my point & you're falling into the dichotomy that some talk shows are better than others. I'll suggest that you don't take any of them too seriously because, this too, is simply Russian style infotainment.
"Any intelligent fool can make things bigger and more complex... It takes a touch of genius - and a lot of courage to move in the opposite direction." Einstein
The hottest issue now is that Turkey threatens openly to go to WAR against Israel and is about to mobilize its Navy towards the East Mediterranean. Meanwhile the supposedly impartial RT says nothing about it. I have watched since long RT but lately they have changed their tune and i'am beginning to think they have their own hidden agenda.
Wow, this is the most constructive Cross-talk I've ever seen-- guests are eagerly interrupting each other to ELABORATE or explain each other's points! I guess it helps that they already know each other from the Yarovslavl forum,,,
And is this a new version of Cross-talk called "Fast-talk"? Filming/speaking on site instead of over satellite seems to have energize everyone!
It is funny cause Americans fought the British for control of their currency, tho Americans wrote it as being over a tea tax thus the Boston tea party(to bad the internet is gonna write history now not governments).
According to this talk, $193,492,7192.00 there! I am stinking rich! I like this system of "ME" being the Central bank! Now the rest of you, GET TO WORK! You owe me 3.25 %.
instead of countries competing in sports, countries should be competing in feeding the poor of the world quicker than the other until all mouthes are fed and all bodies are warm.
problem is overpopulation due to irresponsibility..
you feed everyone, they produce even more babies and then you cant feed them anymore... it's always been this way. That's why there's always starving people because everytime you find a way to feed everyone, everyone produces more babies and then you have even more people starving...
@covertgreen feeding the world is not everybody's job. Each parent should feed his children. If you cant, stop making 10 children like somalians. Involving sports in politics is low and you are retarded.
@covertgreen Sounds great. Unfortunately the people that run the world are exterminating the populace, and then reporting on the "terrible suffering." Think about it. How long have people survived without electricity, just simply living on a farm, with a well
until tomorrow. People need to be taught to feed themselves (give them a fish vs teach them to fish) Just giving them food for the rest of there lives is a lost cause with no end.
@LiamE69 Tatcher was an old smart fox.She did supported European Union, but didnt push Britain to adopt Euro currency . Near 20 years after Maastrich we see, nowadays, German and Nazi Vichy France jumping out with money after putting fire on circus, toalso get profits in helping the injuried audience. Very wise ,Margareth Tatcher. My respect. Thats is why Britain is great. Let the nazis go to hell.
@miguelmouta Only problem with that of course is that Thatcherite Britain managed to transfer more of the wealth from the poor to the rich faster than the rest of Europe. Thatcher did untold damage to the UK economically and more particularly socially and those problems are now coming home to roost.
Britains sleepy, Italy is drunk & groping a girl, France can't reach their coat of the pegs, the Spanish are borrowing money for a taxi. Greeks are in the gutter, Yugoslavia is still knocking to come in. Most of all Germany is getting stroppy because their organised EUSSR party is OVER!
161rewind 5 months ago
Communists are fucking backwards.. they cry: "HURR DURR, POLICE STATE AUTHORITARIANISM!" when they want their own autocracy, but under their own ideological viewpoint. fuck communism, fuck authoritarianism, fuck Keynesianism, go Austrian school!
DerpForce 5 months ago
The typical bullshit crap "complaints" about Europe.
For instance, some guy moaning Europe believes in cut-backs. No, instead they should create more non esisting fantasticogazillions out thin air and increase the national deficit over and over again and then wait for the next even bigger catastrophe just like the US which is ...... uuhhh is doing so "well" these days because of there eternal spending and borrowing. Maybe they should also add a war or three? Crap.
GO EUROPE! Go your own way!
Efteling4Ever 5 months ago
Michael Hudson is one of the few voices of sanity.
WilhelmDrake 5 months ago
the two americans are really showing how their scope is limited to americas politics
Mulligan71991 5 months ago
even if the euro were to collapse it wouldnt disappear. it would come back in a few years stronger than before. mayby under a diffrent name.
CommanderMethos 5 months ago
@CommanderMethos Indeed. So many people that simply don't get it. It's to big to fail. It can only seriously devaluate until better times and then appreciate again. It cannot disappear. Big countries like Spain and Italy could never leave the Euro. Maybe a village economy like Greece could but even then. At least the Euro is real money. How would you get rid of the national deficit issue with a new Drachma ...... Who would give you a loan then ..... LOL
Efteling4Ever 5 months ago
@Efteling4Ever countrys never get rid of their national defecit. also im in full agreement with you. however i beleive we need a federal centeral EU authority in charge of the euro and not a dozen member states.
CommanderMethos 5 months ago
@CommanderMethos "a federal centeral EU authority in charge of the euro and not a dozen member states." Think that that (more central budget control + power to take penal action) is exactly what the long term solution will be. But it is unpopular, as it would mean handing over part of national sovereignty. Politicians will oppose this as long as possible, and waste gazillions of money over it until the inevitable cannot be postponed anymore.
Efteling4Ever 5 months ago
this man has a good voice. and also he is a extraordinary speaker.
flowewritharoma 5 months ago
Stop EU now .
Countries are weakening...
Unkn0wnV13wer 5 months ago
@Unkn0wnV13wer countrys are weakening because nationalistic egos are causing infighting. greater integration will solve this
CommanderMethos 5 months ago
The banksters employ the politicians
DeadJesus100 5 months ago 2
@MBarroso75 humans are inherently evil and barbaric when given power, i agree people are the problem on this beautiful planet
DeadJesus100 5 months ago
Cross Talk is far better when all the guests are in the same room.
DeadJesus100 5 months ago
Best cross talk ever, even peter does well
DeadJesus100 5 months ago
"Of course there should be a Central Bank!" - Yes, but they shouldn't "create" credit on a keyboard. The issue of all currency and credit is - or SHOULD be - the job of the government.
"....Very politely say 'we have to shoot you (the central bankers)'"?? How about very impolitely blowing their heads off with a shotgun or AK47 for causing the messes the world is in?
Everyone - ESPECIALLY the rich - needs to pay their fair share of taxes. What is this horseshit? No wonder the world is bankrupt.
Bonsse88 5 months ago
DEFAULT! DEFAULT! DEFAULT! End the banksters fascist rule over the sovereign nations of Europe.
MSCompuServ 5 months ago 2
No central bank... please! Look what the fedral reserve have done in the USA!!
Please Europe, don't fall in that trap....
WittyKoala 5 months ago 2
@WittyKoala There is already sort of a central bank of the Euro-zone.
595o 5 months ago
@595o
There's only one thing to say... "Here we go again"
WittyKoala 5 months ago
Dr. Michael Hudson (13:30): "100 years ago no one could imagine that social-democratic and labor parties are now to the right of the conservatives. The left wing is now the right wing. It is the left wing parties that led the fight for the privatization and turn over the power to the banks. It is as if they have been taken over by the banks and they are socialists in the name only. We used to call them FASCISTS in America."
mac9876ab 5 months ago 3
I was raised in ex-communist country (Yugoslavia) and I was taught that the so called "democracy" and the so called "election system" in the western countries are fake systems run by the rich and their puppets in the political system (the parties). The system is meant to give an illusion that the people control their countries but in fact they do not. All the parties are controlled from the same center.
mac9876ab 5 months ago 4
THE Best economist anywhere, Professor Michael Hudson.
astraeashaw 5 months ago 3
@MBarroso75 : dude, you dont understand jack shit. You have one usefull idea in your tiny head, and that is "the elite is exploiting the masses" - and then you go and turn it into a faerie tale about a cult of people who do it all out of evil intentions. It's so fucking boring to look at, when you know the exploitation is a symptom of the system. It will NEVER end, until we stop using money - and that wont happen until shit gets really shitty.
Your enemy is not people, but a system. UNDERSTAND?
selvmordspilot 5 months ago
Without the Zionist Jewish state of Israel and its evil bankers we would have peace in the world simple as that .
jasonthemankiller 5 months ago 3
@MBarroso75 : illuminati is taken straight out of a christian nightmare. I'm not christian, so i neither believe in, nor fear them.
But if you enjoy fearing phantoms, then be my guest. Truth is, no elite will have any power without monetary power. So if they destroy their currency, they're in essense vaporizing their own grip of power... That is ofcouirse assuming that people will be ready for a new system, once it's all crashed and burned. If not, then i guess karma is a bitch.
selvmordspilot 5 months ago
Wish there was these type of programs here in NZ, instead we go absolutely bonkers over kicking an oval ball around (well, holding it and running.)
7Losses 5 months ago 2
What a dumb ass. "We need to go back to Keynes". You keynsians have had your shot, you lost. The last 80 years are nothing but boom and bust. The busts increasingly lower than the rise in the booms. Give it up.
SrfCldWtr 5 months ago
19:21 "Why do you hate Angela Merkel so much". You're so right, Mister. Merkel has no clue of finance ... but even worse, she's chosen to trust banksters like Josef Ackermann instead of independent experts. She's making no secret of that:
whoever understands German:
/watch?v=TnwiUbx2rj8&feature=related
0:18+
And the worst: Germans think that what she does may be bad for Greece etc. but finally good for Germany. IT IS NOT, wake up.
unterguggenberger84 5 months ago 2
the first speaker, what the fuck is he talking about ?? is that English??
crumcon 5 months ago
The only reason for a European Union is to take power from souviegn countries and steal their assets. A Union for what? So Eruope can compete with the US? Sounds good, but it doesn't make any sense. And besides Mega mergers and Centralizing power into a elite efficient business doesn't help workers and besides protests their votes are meaninglessl
tjfgermany58123 5 months ago
hudson for treasury secretary, geitner out the back yard to be shot.
iglwy 5 months ago
@MBarroso75 : you're funny.. i have no stakes in this game. Capitalism is shit, and that's regardless of what symbol's used on the currency. I'm just watching as this dysfunctional system crashes and burns. Maybe then people will realize.
selvmordspilot 5 months ago
WEE SEE ALTERNATIVE ! YOU ARE TOTALY WRONG. YOU HAVE FAILED, AND YOU ARE JUST DECADENTD REMNANT !
dftuikm 5 months ago
European establishment is trying hard to destroy the people they claim to represent !
Quierotortilla 5 months ago
Make it a Capital "R" in the graphic... CrOSS
"OSS" is troublesome, at best. No?
Signzit 5 months ago
END CIRCUMCISION NOW!
gingowitch 5 months ago 12
Michael Hudson this guy is great. Spot on.
dynomike1964 5 months ago 2
After the crash of the false "economic system" they will sell to the world the cute story of "One World Government". Now we are barely feeling the pain of the things to come.
vlada881 5 months ago
good talk, for once.
selvmordspilot 5 months ago
someone`s phone .. is ringing like hell during this show ...
turn you damn phone down !
HK379 5 months ago
@MBarroso75 : "long live" ? you'll be dissapointed ^ ^
selvmordspilot 5 months ago
Peter Lavelle has been abusing the bottle again! what a shame :(
halvorfromnorway 5 months ago
Government gets all the blame for private commercial and central banks mistakes.
The selling point for capitalism is that individual greed is good for society as a whole. That has not been proven adequately and certainly does not apply to currencies and central banking.
The national currency and credit creation is a public asset and prerogative. It belongs to the people and should act in public interests. Private central banks will act in favour of private interests.
harveybirdmannequin 5 months ago
@harveybirdmannequin : well said
selvmordspilot 5 months ago
@harveybirdmannequin
The whole selling point for private central banks which turned out to be a trick/lie/propaganda was that "OH NO! If we give the power to issue currency and credit to the government of the people to which it rightfully belongs, they will be reckless with it. GOV'T BAD! GOV'T BAD! GOV'T BAD! We have to give the power to issue currency and credit to private interests because they are more responsible and the principles of the free market is always right and will guide them."
harveybirdmannequin 5 months ago
@harveybirdmannequin
If gov'ts around the world had any balls, they would say the national currency and credit creation are a public asset and prerogative. You private banks made bad bets and debts. You either go bankrupt or we nationalize you because issuance of currency and credit creation are powers of the people vested in the gov't.
Currency is either privately or gov't controlled. Gold is private. Federal Reserve is private.
Private currency enables private interests. Pick one.
harveybirdmannequin 5 months ago
Comment removed
harveybirdmannequin 5 months ago
@harveybirdmannequin
The USA Constitution advocates for national government controlled currency.
Art 1 Sec 8 gives Congress the power to coin money.
The Austrian assholes and everyone else advocating for a commodity standard including gold want privately controlled currency and are upset they didn't get invited into the Federal Reserve. When possible private interests will collude and conspire against the general public even Adam Smith said that. It's just like prior to the FR.
harveybirdmannequin 5 months ago
he looks rough today :) great show
Cinemaguy2007 5 months ago
Europe is going into multifail.
PahaLukki 5 months ago
Get silver, Get gold. Fiat money is going down the toilet.
Zalahblue 5 months ago
Go shave Peter, you look like a bum!
Seraphim401 5 months ago
cancel all debts outright.
the best idea I`ve ever heard.
freezkeer 5 months ago
"London has been exceptional at it", LOL...
r0ll0t0masi 5 months ago 2
Empower it... Looter trash at it's worst.
FreedomsReigning 5 months ago
Yes, Europe is going off a cliff. The answer: Go faster.
rctube1958 5 months ago
@rctube1958 stop drinking
voicubogdan84 5 months ago
Amazing slam-dunk for Michael at the end. Even the banker-friendly guy was nodding and agreeing with Michael at th end.
donques 5 months ago
If you don't factor the NWO Agenda 21, growing global regulatory police state and the NWO forced implementation of the 'Mediterranean Block' on south and east Mediterranean countries underway, then don't bother discussing the Euro with expectations of resolution.
MrGAB4444 5 months ago
Anti-capitalists have been burning thousands of luxury cars (BMW's, Mercs etc) in Germany with the news networks hoping that if they don't report on it, it won't spread.
As Orwell said, "The lady in the Rolls-Royce car is more damaging to morale than a fleet of Goering’s bombing planes."
dysesthesiaAethiopi1 5 months ago
Comment removed
dysesthesiaAethiopi1 5 months ago
Banking Engineered Crisis > Public Reaction/Austerity > NWO Oligarch Solution
NWO = OWN
assistme 5 months ago
BILDERBERG 2007: WELCOME TO THE LUNITIC FRINGE
watch?v=8QdjwP7MQ8E
STOCKS TUMBLE AS WORLD RECESSION FEARS RISE'
money.msn.com/market-news/post.aspx?post=2ae1703c-5a39-4b9a-bae9-b00cf8da24eb>1=33009
BILDERBERG 2007: WELCOME TO THE LUNATIC FRINGE BY DANIEL ESTULIN - PART 1
apfn.net/messageboard/05-30-07/discussion.cgi.63.html
DwayneHoLLowayLive 5 months ago
BILDERBERG 2007: WELCOME TO THE LUNATIC FRINGE BY DANIEL ESTULIN - PART 2
apfn.net/messageboard/05-30-07/discussion.cgi.117.html
"What will be discussed at Bilderberg 2007?
Aside from the Irak quagmire, energy problems continue to dominate Bilderberger discussions. Oil and natural gas are finite, non-renewable resources. That's because once used up it cannot be replenished."
DwayneHoLLowayLive 5 months ago
"As the world turns, and as oil and natural gas supplies dwindle while demand soars dramatically, especially with Indian and Chinese booming economies who want all the trinkets and privileges of an American way of life, we, as the Planet, have crossed the midpoint of oil production and discovery."
DwayneHoLLowayLive 5 months ago
"From now on, the only sure thing is that supply will continue to diminish and prices will continue to increase. In these conditions world conflict is a physical certainty. End of oil means end of world's financial system, something which has already been acknowledged by Wall Street Journal and the Financial Times, two full time members of the Bilderberger inner circle."
DwayneHoLLowayLive 5 months ago
"Goldman Sachs oil report, [another full time member of the Bilderberger elite] published on March 30, 2005 increased the oil price range for the year 2005-6 from $55-$80 per barrel to $55-$105. During 2006 meeting, Bilderbergers have confirmed that their short range price estimate for oil for the 2007-08 continues to hover around US$105-150/barrel."
DwayneHoLLowayLive 5 months ago
"No wonder Jose Barroso, President of the European Commission, announced several months ago during the unveiling of the new European energy policy that the time has come for a "post-industrial age." To bring the world into the post industrial age, you first need to destroy the world´s economic base and create another Great Depression. When people are poor, they don´t spend money, they don´t travel, and they don´t consume."
DwayneHoLLowayLive 5 months ago
These guys fail to encounter the problem of fraudulent fractional reserve banking.They are trapped in their fiat money world.
mario1337 5 months ago
lol... independent central bank..I wonder how it works.. banks selling more debt and more debt and change the interest interest rate to screw peoples lives.. very interesting
HardCoreProgrammer1 5 months ago
@HardCoreProgrammer1 Agreed.
Have you read Ellen Brown?
This debate misses the whole problem of compound interest and more, but I chose to ignore these more radical issues, because the debate was heading in the direction of ceasing to screw the lives of you, I and 99% of people around the world.
Setarcosism 5 months ago
@HardCoreProgrammer1 Very good points. Do I hear an Austrian economics perspective in you?
wakeupandthinkabout 5 months ago
@wakeupandthinkabout
I know nothing about Austrian economics.. All I know is that if that debt/loan market wont be regulated well, another crisis will be on the horizon. It doesnt matter to me who regulates the interest rates, if the one who regulates the interest rate is someone greedy/malicious , then they will lead to more and more debt, and trigger debt at the end.. Any new financial intruments produced out there, should have a double check or not be introduced at all
HardCoreProgrammer1 5 months ago
You really don't have solution mess. You forget when was same problem what was solution in last century, was war 2. You think that You ready for the 3d one.
Solution is sample and have to be effective and welcoming for everyone not for small groups of people!
BoroBlagojevic 5 months ago
People want reform to prevent powerful lobbyist to exploit capitalism for their own interest at the expense of the general public. Reform must happen both at the government & the corporate level. The risk of revolution can be pretty high if reform doesn't take place.
meltingEyeballs 5 months ago
Very good debate ... best yet ... analytic and constructive.
Good to hear Thatcher dumped on, the hand-bag fascist!
NOTE: Capitalism is dead, long live (not) Financialism of the Banksters ... mind you I favour a mixed economy, with a dash of the real Keynes.
Though I am familiar with the topics covered, I shall watch/LISTEN to it all again, I suggest that others should too ... one hell of a lot of ground is covered.
Only lately have I become familiar with the term "rentier". It's important.
Setarcosism 5 months ago
I am sorry to say but the euro is no more if they intend to back up economies that don't produce anything.
thelegendarylord 5 months ago
Thank you so Much
TheLazyProphet 5 months ago
I like the new set-up. The old one caused a lot of time to be wasted by people interrupting each other due to time lapses. Very chaotic.
chocoboasylum 5 months ago
Death to the europe empire! Death to the bankers!
Beef1188 5 months ago
@Beef1188
Say correctly actually is death to the Imperial especially the so-called Zionist State Israel.
Angsc09 5 months ago
@Angsc09 Let us not get tangled up in semantics here!
Beef1188 5 months ago
It can be very stressful listening to these people blabbing at light speed. If they really know what is really happening, they would have make it sound really slow and simple. When there's a problem, don't complicate, less is more.
meltingEyeballs 5 months ago
@meltingEyeballs Just listen again ... several times if need
Yes it is rapid-fire, but there HAS to be an assumption that a listener has some background knowledge.
I could lose you if I was discussing some engineering problem, whilst you could lose me on whatever your area of expertize is ... then up to me to catch up with you.
Up to you to catch up with economics/current affairs and politics ... like I did whilst working as an engineer, thus this debate makes good sense.
Setarcosism 5 months ago
@Setarcosism If their message is to be convey to the general public, they can't assume everyone is an academic. When they can't present their message in it's simplest form, they don't have a grasp of the problem. It's the same in every field. If a physicist can't explain the bell experiment in layman terms, he really doesn't understand what he is trying to say. There are too many fast jargon speaking academics which are intellectual wannabes, contributing only confusion & displaying zero wisdom.
meltingEyeballs 5 months ago 4
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@meltingEyeballs Sorry, but you are wrong.
"There are too many fast jargon speaking academics which are intellectual wannabes, contributing only confusion & displaying zero wisdom."
Ever read Plato/Socrates? He was mentioned and his claim to wisdom was he knew nothing of importance, whereas you just rubbish those who have made at least some attempt to gain wisdom.
Have you read Adam Smith and John Maynard Keynes?
Just because you know nothing, don't rubbish those who know something.
Setarcosism 5 months ago
@Setarcosism Wow, as if you're the only literate in the entire world. Your desperate personal attacks certainly reveals a lot about you.
"Any intelligent fool can make things bigger and more complex... It takes a touch of genius - and a lot of courage to move in the opposite direction." Einstein
meltingEyeballs 5 months ago
@meltingEyeballs Sigh, so you prefer to be spoon-fed in comfortable sound-bites-- even if that mean telling only half-truths/lies? Are you confusing Cross-talk for public info-tainment like an American morning talk show?
I mean, if there was a simple/easy answer or explanation for all the problems and issues leading to and compounding the crisis the Euro is in, things would already have been solved and people wouldn't be talking about it.
ApocalypticAang 5 months ago
@ApocalypticAang You totally missed my point & you're falling into the dichotomy that some talk shows are better than others. I'll suggest that you don't take any of them too seriously because, this too, is simply Russian style infotainment.
"Any intelligent fool can make things bigger and more complex... It takes a touch of genius - and a lot of courage to move in the opposite direction." Einstein
meltingEyeballs 5 months ago 2
central bank central governement=NWO!!!
zombiezombie1977 5 months ago
The hottest issue now is that Turkey threatens openly to go to WAR against Israel and is about to mobilize its Navy towards the East Mediterranean. Meanwhile the supposedly impartial RT says nothing about it. I have watched since long RT but lately they have changed their tune and i'am beginning to think they have their own hidden agenda.
dimrous1960 5 months ago
wow. just discovered crosstalk. cool stuff. :)
IHighscoredYourGirl 5 months ago
Wow, this is the most constructive Cross-talk I've ever seen-- guests are eagerly interrupting each other to ELABORATE or explain each other's points! I guess it helps that they already know each other from the Yarovslavl forum,,,
And is this a new version of Cross-talk called "Fast-talk"? Filming/speaking on site instead of over satellite seems to have energize everyone!
ApocalypticAang 5 months ago
It is funny cause Americans fought the British for control of their currency, tho Americans wrote it as being over a tea tax thus the Boston tea party(to bad the internet is gonna write history now not governments).
ALL HAIL THE ROTHCHILDS!
megamogx 5 months ago
The last minute of this interview was probably one of the best pieces of economic theory i've heard in a long time
SlowbroKing 5 months ago
Great 'new format' - please keep it this way further on!
Unleashmywealth 5 months ago
Hey, RT. Google turned off your view counter!
RandallSteen 5 months ago
According to this talk, $193,492,7192.00 there! I am stinking rich! I like this system of "ME" being the Central bank! Now the rest of you, GET TO WORK! You owe me 3.25 %.
TABOOVSKNOWLEDGE 5 months ago
"Financialization is doing what armies used to do." Brilliant! Keynsianism leads to fascism.
RandallSteen 5 months ago
These men look ridiculous sitting on those stools ... like they went for a beer and the table got up and left ...
Ideologiekritik 5 months ago 2
@Ideologiekritik The table just want some peace. lol
meltingEyeballs 5 months ago
omg peter lavelle outside the studio!!! love it :)
its hard to find a program that have better political discussions then CT. thanks
br0dskalk 5 months ago
Go back to Keynes?! Go back to socialism. Psh
LivingthaDreem 5 months ago
This has been flagged as spam show
instead of countries competing in sports, countries should be competing in feeding the poor of the world quicker than the other until all mouthes are fed and all bodies are warm.
covertgreen 5 months ago 39
@covertgreen
problem is overpopulation due to irresponsibility..
you feed everyone, they produce even more babies and then you cant feed them anymore... it's always been this way. That's why there's always starving people because everytime you find a way to feed everyone, everyone produces more babies and then you have even more people starving...
exmuslimNfree 5 months ago
@covertgreen feeding the world is not everybody's job. Each parent should feed his children. If you cant, stop making 10 children like somalians. Involving sports in politics is low and you are retarded.
shadowq2 5 months ago
@covertgreen for what?
arturro666 5 months ago
@covertgreen
The Zionist Jews disagree.
vikingWindmill 5 months ago
@covertgreen Sounds great. Unfortunately the people that run the world are exterminating the populace, and then reporting on the "terrible suffering." Think about it. How long have people survived without electricity, just simply living on a farm, with a well
400constantine 5 months ago
@covertgreen Working as intended.
cstorvold 5 months ago
@covertgreen
until tomorrow. People need to be taught to feed themselves (give them a fish vs teach them to fish) Just giving them food for the rest of there lives is a lost cause with no end.
~teach them to fish~
ComprimisedXInsanity 5 months ago
@covertgreen you right, but we should think of something to stop the rabbits growing, many people have 10 childs knowing they cant feed them!
Musashi850 5 months ago
Dollar & Euro = typical financial pyramids, just on global scale.
IgorVasilevskii 5 months ago 3
New world order's phase 1 currency not working out so well?
megamogx 5 months ago 2
@megamogx Working perfectly. The wealth is being transferred to the rich and a deeply indebted populace is being created. Exactly as they want.
LiamE69 5 months ago 29
@LiamE69 Tatcher was an old smart fox.She did supported European Union, but didnt push Britain to adopt Euro currency . Near 20 years after Maastrich we see, nowadays, German and Nazi Vichy France jumping out with money after putting fire on circus, toalso get profits in helping the injuried audience. Very wise ,Margareth Tatcher. My respect. Thats is why Britain is great. Let the nazis go to hell.
miguelmouta 5 months ago
@miguelmouta Only problem with that of course is that Thatcherite Britain managed to transfer more of the wealth from the poor to the rich faster than the rest of Europe. Thatcher did untold damage to the UK economically and more particularly socially and those problems are now coming home to roost.
LiamE69 5 months ago
@LiamE69 But the poors from England, not from Europe.
miguelmouta 5 months ago
RT is good but i dont like that presenter
wesleytarbuck 5 months ago 2
1st RT ROCKS
blinggzta 5 months ago