Idiocracy

Another Lockerbie soon?

I saw that stocks in defence companies have increased, and oil is at an eight month high...

comment by TUX (U5315)
posted 3 hours, 26 minutes ago
The Fed has been pumping hundreds of billions of dollars into the 'Repo-Market' since September.
This is a far bigger worry for markets imo yet one that strangely receives no coverage.



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Yep, nations are also buying up and hoarding gold again which is another sure sign they're expecting a big downturn.

Just imagine if the US President was sexist, racist, a liar and impeached. Crazy I know but try hard to imagine it!!!! Surely the evangelical Christians in America wouldn’t support him, surely not😂

comment by atheist (U2783)
posted 21 minutes ago
Another Lockerbie soon?
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The American Navy fired a missile at an Iranian passenger jet and blew it up killing everyone onboard.

A few years later a PAN AM 747 was destroyed over Lockerbie by a terrorist's bomb killing all onboard.

Coincidence..?

comment by JukeboxJunkie (U10162)
posted 1 minute ago
comment by TUX (U5315)
posted 3 hours, 26 minutes ago
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Yep, nations are also buying up and hoarding gold again which is another sure sign they're expecting a big downturn.
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The countries who have been significantly purchasing gold are Russia and China - they have doing this since Autumn last year.

"More than that, Putin has been positioning his motherland to team up with China to solidify the emerging BRICS system which aims to thwart decades of Anglo financial dominance with a un-dollar currency system that will also include a development bank."

The reason is above.

You will also notice that Bitcoin went flying through the roof yesterday and the reason is below:

"Bitcoin is trading at nearly $24,000 in the USD equivalent of Iranian Rials on LocalBitcoins today. It’s unlikely those purchases are paying for the Iranian military’s response. Instead, it might be innocent (and desperate) Iranians looking for a way out of the coming chaos."

There is no statistical evidence which is pointing to any sort of economic downturn.

Does no one learn from history - why don’t the west just stay out of the Middle East. Centuries of colonial interference and economic plunder will continue to haunt us. But as always it will be the innocent who suffer. I still can’t understand why Tony Blair backed Bush - he was the best PM in years until he did that.

Comment Deleted by Site Moderator

comment by IfUNo (U4755)
posted 13 minutes ago
Does no one learn from history - why don’t the west just stay out of the Middle East. Centuries of colonial interference and economic plunder will continue to haunt us. But as always it will be the innocent who suffer. I still can’t understand why Tony Blair backed Bush - he was the best PM in years until he did that.
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Blair I think was still on a high after the Kosovo intervention believing they would always be on the right side

comment by IfUNo (U4755)
posted 26 minutes ago

I still can’t understand why Tony Blair backed Bush

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I think he thought he could control or temper Bush's aggression better from within. Then events just overtook him.