Randgold Ads Discussion Threads

[corrientes1] 31/12/2024 14:25

If you're right, who or what do you think will pull the plug ? Something tangible has got to start the ball rolling.

[peterbarnes35] 31/12/2024 14:21

I doubt it will go on for the forseable future, to many counrties are already in what is called the debt trap caused by unlimited printing and borrowing. So i doubt this can go on for another year or two without some form of economic collapse. There are quite a few countries with hyperinflated currency, and just because we haven,t reached this stage, doesn,t mean we won,t. With people being lulled into a false sense of sercurity thinking it can,t happen here?.It can and is starting to happen.

[corrientes1] 31/12/2024 13:40

k mon -you are technically correct, but I was thinking more about the transaction in its substance rather than the double entry book-keeping side of things.

Doesn't matter so long as the two sides are happy to play the game. They have to though, and increasingly so, as they make far bigger rods for their own backs arising out of ever greater sophisticated methodologies. The stakes becomes far too enormous for it to be any other way., thanks to our 'wonderful' technological skills.

That,IMO,is why the game will continue for the forseeable future, subject to a major event outside of human control eg, like a planetary plague.

[k mon] 31/12/2024 13:06

One small correction Corrientes...

It is 'Credit'.. which arises out of Confidence.. not 'Debt'

ie .. the lender has 'Confidence'.. that if he gives you money ..
that you will pay that 'Capital' Back.. (In either 'currency'.. 'Property' ..a 'Goods' or some sort of 'Service'

That's all ..

The thing is .. That currently ..
All Governments .. Banks . Corporations ..
(which would include the Administration - so Police / Military / Judiciary
.. etc.. )

Are BUST !!..

So No Confidence can be had in their ability to perform any useful function
that would be worth paying for ...

[k mon] 31/12/2024 13:02

what do you mean by 'work'.. ?

.. do you mean making the dollar 'Strong'(whatever that means)
.. in comparison to other FIAT Currencies.. ?

If so ... Then that's exactly what he intends..

.. you see .. The USA .. has used other countries 'belief' and requirement .. to hold Dollars .. in order to print excessive amounts of FIAT Dollars .. in order to then expand (mainly it's military - 'External Control systems'.) .. and it's 'Administrative/Judicial (Internal 'control systems').. 'systems'.. at the expense of others .. (who stupidly hold dollars)

.. However .. what most people are missing is this ..
The USA .. Doesn't 'Need'.. to trade with anyone ...
It already has vast resources Internally'...

So the thing to do . (and which Mr Trump is setting out on ) .. is this ..

You simply 'Isolate'.. the US .. From all external ties...
.. Starting 'physically'.. ('Strong Borders'.. Border Walls'.. 'Security'.. No movement In or Out .. ... 'Then .. Bring home the manufacturing that has been 'Outsourced' over decades.. - The Important stuff first ..
This .. is already happening..
Then .. 'Reduce the Parasitic load'... All the 'Twonks & Guru's ..
the 'Non Productive' Opinionated.. 'Officers'... and 'Federal Employees'
.. except by then .. there will be well paying 'Lobs' available
in manufacturing / construction and Patent / Design / Research...
(which you can 'Tax')

All the Blue haired 'Emotive' Types ... will have to get a job .. simply to
pay off their 'Student Debt'... (See .. even old Joe Biden gets to play his
part in the Grand plan..)

The rest of the world .. ?
Well .. It just burns .. goes into collapse .. 'dissonance & in-fighting
.. Poverty & starvation take over ..

So that (after a few miserable generations..) ... all the land & Assets
.. can be obtained .. (either by purchase or force) ... at pennies & the
great 'Build back better'... Cn start all over again....

So you see ... when looked at over Long Time spans it is possible to determine what exactly is going on .. & why...

So there's no need for half of those Telegraph article links .. nor the Ranty Posts'.. about Von Mises or whatever ...

.. It's simple Politics & Strategy... Done Right in front of you ...

.. why can't you see it.. ?

[corrientes1] 31/12/2024 12:04

PS All thee sily conspiracy theories arise out of confidence because a) it's so easy these days to buy into the huge amount of nonsense perpetrated now that communications are so much better and b) at least in a democracy, you're less likely to be thrown into the local loonie bin.

[corrientes1] 31/12/2024 11:52

Debt, no matter how sophisticated it becomes, arises from the ever developing emotion called confidence, a particular type of relationship affecting human beings.That emotion arises out of curiosity and accompanying trust, which humans have in large measure.If there was no confidence,no progress could ever be made and debt certainly wouldn' feature and consequely we'd have remained in the stone age.

How long this human charade can carry on is anyone's guess,and can be as sophisticated as you like, but so long as the majority of participants obey the rules of the game,debt as we understand it will just go on ad finitum. Dress it up any way you like with various economic arguments, but human emotion conquers all at the end of the day.

[peterbarnes35] 31/12/2024 11:14

Whilst i welcme Trump being the next president i doubt his economic policy of tarriffs is going to work, and we will see the demise of the dollar.

[peterbarnes35] 31/12/2024 11:03

Humour no longer exists in our now marxist politicaly correct world, but might possibly return when they are driven out. A new world could be dawning after collapse of the present one?.

[savogi] 31/12/2024 09:18

Once again, it’s baffling that so many people continue to place their trust in so-called experts like Alasdair Macleod and Peter Schiff, despite their track records of consistent failure over the past two decades. These individuals, often touted as financial gurus, have made bold predictions time and time again—predictions that have not only fallen flat but have frequently contradicted reality.

Instead of learning from these repeated failures, people cling to their advice as if it holds some mystical truth. Why? Perhaps it’s the illusion of authority they project, or the confidence with which they deliver their forecasts. Maybe it's because they tap into people's fear or hope, promising certainty in an uncertain world. Regardless, their track record speaks for itself: years of missed calls, exaggerated warnings, and overblown doomsday scenarios.

The troubling part is that such blind allegiance to these figures prevents individuals from seeking alternative perspectives or critically analyzing the broader context of global economic systems. It's as if their failures are overlooked simply because they tell people what they want to hear, feeding into pre-existing biases or comforting narratives. Yet, at some point, it becomes crucial to step back, question their credibility, and realize that these "experts" are often as lost as anyone else when it comes to understanding the complexities of the modern world..LOL

Do you not understand the obvious simple facts that these economic “guidelines221; are set by the ruling elite as in the people who want and benefit from you being distracted and fooled, tired, docile, and extremely dependent on their services? If not, you’re a gullible controlled person..

[savogi] 31/12/2024 08:56

Pete: Russia nationalised everything,,which is why the Soviet union no longer exists
-------------------------------------------------------


Russia and the old Soviet Union have always been under the control of the same "masters of the universe" who pull the strings behind the scenes and orchestrate global events. These shadowy figures, who operate beyond national borders and government systems, have managed to manipulate and dominate not just political systems, but entire societies. They’ve created the illusion of ideological conflict—capitalism vs. communism, East vs. West—while ensuring they maintain ultimate control over both sides.

Through propaganda, fear tactics, and manipulation of education and media, they’ve successfully hypnotized the majority of the global population into believing in the narratives they craft. People are led to think they are fighting for freedom or nationalism, unaware that these battles are often part of a pre-designed plan. This mastery of mass psychology ensures that the real puppet masters remain invisible while their agendas unfold seamlessly. Whether it's Russia, the United States, or any other nation, the same forces remain in control, perpetuating the illusion of independence and sovereignty...

[peterbarnes35] 31/12/2024 08:38

Russia nationalised everything,,which is why the Soviet union no longer exists

[peterbarnes35] 31/12/2024 08:35

mro.
Without a reintroduction of a gold or even silver standard will the public trust any money again. Fiat is collapsing and bitcoin won;t take the place of fiat money.When this debt bubble blows then the only question will be what will the public then trust. It,s why Russia and the SCO,and BRICS have been accumulating as much gold as they can for decades, and why western central banks are now doing the same.Without backing fiat is just a piece of paper or metal.As J P Morgan said, "gold and silver are money ,all else is credit?.

[peterbarnes35] 31/12/2024 08:22

Get the state out of the market, because it,s the state that has created this debacle.

[badger100] 30/12/2024 23:14

The great Marxist dream!!!!

[badger100] 30/12/2024 23:12

They will nationalise everything.

[badger100] 30/12/2024 23:07

You will own nothing & be happy!!!!!

[mroalan] 30/12/2024 20:20

We are trading with countries which for most are in the same position as the UK,broke! So there hardly likely to cease trading with the UK, they as we do also use money creation.Whats a debt trap? USA 35 trillion in the hole, doesn't,t look like a trap to me, so when will the trap be sprung? 50 trillion?
Gold standard, not ever going to happen as that would make countries accountable.

[peterbarnes35] 30/12/2024 19:46

And if we as a country wish to buy goods from other countries and because of our monies continued devaluation because of our printing, other countries will no longer accept payment in our currency ,then what. We are now in what is called a debt trap, which will change many things .There is no such thing as a money tree which many are going to find out? Because something has been used for decades does not mean it will forever as even empires have found out.Dot, com booms, the crash of 2008, our politicians never learn, that is obvious?.

PS A gold standard put a break on prfinting, which is why foolish ;poliicistians abolished it, as Nixon did?
along wit glas steagal in 1997, under Clinton?.

W e have the usual boom and bust.

[k mon] 30/12/2024 18:24

From whom .. did they borrow from.. ?

[k mon] 30/12/2024 18:23

The thing is ...

Now that we have (without the need for any further 'Evidence' or proof .. but just by simple deductive reasoning alone)
.. worked out that the 'ENTIRE'..
They cannot be 'Forgiven' ... because (Even by their own accountancy 'Laws') .. the 'Forgiveness' .. would be counted as 'Income'.. Thus .. they would be liable for 'Income Tax'.. (and where would that money come from .. ? ... well they'd have to print more .. Just to pay off the 'Tax' ... But that would put them right back in Debt again..

That's why Joe Biden ... has 'Unforgiven' .. all that 'Student Debt'
.. that he previously 'Forgave'.. ... He Can't!!

It's simple Accounting & 'Law' pete...

.. They are 'Caught'.. by their own incompetency... in a mire of 'Debt'..
That they made .. & cannot get out of..

WHY .. ?

Because their Maths is dysfunctional and they haven't spotted it ..
(due to gross 'Incompetency'.. & negligence.. )

.. 'Democracy' & a 'FIAT / Debt based philosophical 'System'.. Just doesn't work & because it requires a Massive .. 'System' to run &operate it .. so much so, that eventually .. 'The System'.. (becomes so desperate for money to keep itself operating) ... that it starts to 'Implode' & eat itself .. by the very 'Laws' / 'Rules' and processes it has created .. when those 'Laws' etc .. are then applied to the ''system' itself... (There are no Exceptions'.. No 'Exemptions'... No 'Immunity'... )

.. It's simple Maths ...

[k mon] 30/12/2024 18:02

peterbarnes3530 Dec '24 - 13:55 - 287792 of 287794
0 0 0
credit is debt.

------------------------------------

Indeed pete ...

But ..
If 'The Government & ALL Countries .. All Their Treasuries, plus the Banks & Businesses are ALL .. In Debt ..

.. Then who did they borrow from & How are they going to pay back the 'Creditor[s]'..?

.. Do try to work it out pete ..