Thread: Reporter Flips and Tells it Like it is.

Powerful

Especially because they had the emotional piano behind it but yeah.

First video is right (though adding music is lame).

Second video there is nothing wrong with. All the guy is saying is that if a currency is about to fail, you get the fuck out of the currency and buy assets, which will put you in a much better position than everybody else who just had their savings deleted. He's not controlling anything. He's a spectator who has the wisdom to do well out of the coming storm, and to be candid about it.

Anybody can buy stocks and shares for goodness sakes; you can go do it right now. He's a day trader, not the fucking NWO, and he's saying that buying stupid things makes you stupid. Wow, how scary and evil.

Originally Posted by Xei

Second video there is nothing wrong with. All the guy is saying is that if a currency is about to fail, you get the fuck out of the currency and buy assets, which will put you in a much better position than everybody else who just had their savings deleted. He's not controlling anything. He's a spectator who has the wisdom to do well out of the coming storm, and to be candid about it.

Anybody can buy stocks and shares for goodness sakes; you can go do it right now. He's a day trader, not the fucking NWO, and he's saying that buying stupid things makes you stupid. Wow, how scary and evil.

Don't recall saying there was anything 'wrong' with the second video. I didn't say there was anything 'evil' about the video. Hell, I didn't even say there was anything 'scary' about the video. I didn't say anything about the speaker, or what he was or wasn't in 'control' of. What I said is that it was a video to remind people of how the world really works. And, in case you aren't aware, there are still very many people in this world who do not yet know this.

Just chomping at the bit, to get a chance to say something dissenting and sarcastic, weren't you? Save it for it for a more appropriate time, please.

Originally Posted by ooflendoodle

Especially because they had the emotional piano behind it but yeah.

I agree. The music sounds like something made by Hans Zimmerman.

Here's the full version w/o music

http://www.dylanratigan.com/2011/08/...671#f3f8664c7c

Originally Posted by Oneironaut

Don't recall saying there was anything 'wrong' with the second video. I didn't say there was anything 'evil' about the video. Hell, I didn't even say there was anything 'scary' about the video. I didn't say anything about the speaker, or what he was or wasn't in 'control' of. What I said is that it was a video to remind people of how the world really works. And, in case you aren't aware, there are still very many people in this world who do not yet know this.

Just chomping at the bit, to get a chance to say something dissenting and sarcastic, weren't you? Save it for it for a more appropriate time, please.

So the only reason you posted it was for the tiny bit near the end where he randomly said 'Goldman Sachs rules the world'?

How do you prepare for a finical collapse? With treasury bonds? I was right up there with the guy in that second video until he said treasury bonds is a good way to prepare. That is a stupid idea. You don't want to be locked into dollar assists while the value of the dollar is crashing.

Originally Posted by Alric

That is a stupid idea. You don't want to be locked into dollar assists while the value of the dollar is crashing.

See, I was wondering the same thing. In the video, the guy says he was investing in more 'stable' (can't remember exact word he used at the moment) trends, 'like the U.S. Dollar'. I was under the impression that the U.S. Dollar has been doing pretty poor lately?

Following a trend without knowing what is happening, is just asking to get burned. The value of the dollar has been going down since we removed the gold standard long ago. On any time scale longer than a few months, the dollar has always been going down. If you look at the "recent trends" the dollar seems to be doing good. However it isn't that the dollar is doing good, but that other currencies have been doing worse. People usually compare currencies to each other, and if you compare the dollar to say the euro which is falling apart, the dollar seems strong, except the dollar is still losing real value.

So yes, the dollar is doing horrible, but is doing good compared to other currencies like the euro. Germany said its reprinting its old currency, so they have a backup plan in case the EU fails or the European Union breaks up. So really out doing them isn't a positive at all.

Originally Posted by Alric

Following a trend without knowing what is happening, is just asking to get burned. The value of the dollar has been going down since we removed the gold standard long ago. On any time scale longer than a few months, the dollar has always been going down. If you look at the "recent trends" the dollar seems to be doing good. However it isn't that the dollar is doing good, but that other currencies have been doing worse. People usually compare currencies to each other, and if you compare the dollar to say the euro which is falling apart, the dollar seems strong, except the dollar is still losing real value.

So yes, the dollar is doing horrible, but is doing good compared to other currencies like the euro. Germany said its reprinting its old currency, so they have a backup plan in case the EU fails or the European Union breaks up. So really out doing them isn't a positive at all.

Ok, good (for my own comprehension. Not for the economy). I figured that it was a matter of 'it's doing relatively good', which is usually a little less black and white than some would normally think. Though I still don't know many of the actual details about the whole financial market, so I try not to overstep my intellectual bounds. Lmao. Seems to be the case, though.

Originally Posted by LucidFlanders

I agree. The music sounds like something made by Hans Zimmerman.

It's from the Inception soundtrack.

Treasury Bonds are good as long as the economic structure remains intact. The government is not going to declare bankruptcy just because of a depression.

Well in the end he said the savings of millions of people is going to vanish, and that is only the start and he uses strong language like that. So I am thinking he is talking about a real collapse, and not a depression. And in a real collapse you don't want to have treasury bonds. That is why his advice doesn't seem compatible with his reasons.

Of course you may or may not be worried about an entire economic collapse, however I would like to point out a few things. The first is like I said before, the dollar has been falling for longer than I been alive, so in general treasury bonds are not a great buy. Secondly one of the biggest fears of the economy comes from the large government debt. To me, it doesn't make sense to buy US debt(which are basically what treasury bonds are), when US debt is the largest destabilizing factor around. If the debt causes the economy to collapse, which is the fear a lot of people have, then you are going to lose all or most of your money. One of two things will happen, they will hyperinflate the money and you will get worthless money back, or they will default and you will get nothing.

Originally Posted by LucidFlanders

I agree. The music sounds like something made by Hans Zimmerman.

Not sure if serious. But it is Hans lol It's from Inception. Fit that video perfectly, made it so epic lol
I love that guy (in the video).

I just wonder, whether it is even possible to make money in the way the second video said, if the system gets changed due to the Occupy movement.
Hopefully they all go bankrupt.

You wonder if it's possible to make money if you know companies are going to go downhill?

http://en.wikipedia.org/wiki/Short_(finance)

Originally Posted by Alric

Well in the end he said the savings of millions of people is going to vanish, and that is only the start and he uses strong language like that. So I am thinking he is talking about a real collapse, and not a depression. And in a real collapse you don't want to have treasury bonds. That is why his advice doesn't seem compatible with his reasons.

Of course you may or may not be worried about an entire economic collapse, however I would like to point out a few things. The first is like I said before, the dollar has been falling for longer than I been alive, so in general treasury bonds are not a great buy. Secondly one of the biggest fears of the economy comes from the large government debt. To me, it doesn't make sense to buy US debt(which are basically what treasury bonds are), when US debt is the largest destabilizing factor around. If the debt causes the economy to collapse, which is the fear a lot of people have, then you are going to lose all or most of your money. One of two things will happen, they will hyperinflate the money and you will get worthless money back, or they will default and you will get nothing.

The guy is an amateur day trader who doesn't even make enough money to support himself that way. I still don't know why people are worrying about that video or what it was posted for. He is no more of an authoritative source than you guys.

Originally Posted by Xei

You wonder if it's possible to make money if you know companies are going to go downhill?

No, not just companies failing, or going downhill. I mean, if the Occupy movement actually does something. Or if the economy completely collapses.
Mostly the second thing. If that happens, wouldn't everybody's money be worth nothing?

I don't see how you can make money, which basically doesn't have any societal "backbone" to it anymore.
In other words, you'd have lots of numbers in your bank account, but they wouldn't mean anything.

You buy physical objects like gold... which gives you vastly more purchasing power than the rest of the population who kept most of their wealth in currency and now have nothing.

The first one was awesome. I'm sure I've posted similar rants on DV several times

Originally Posted by Xei

You buy physical objects like gold... which gives you vastly more purchasing power than the rest of the population who kept most of their wealth in currency and now have nothing.

yeah but, I don't think that's what the guy in the video was saying.

Originally Posted by tommo

yeah but, I don't think that's what the guy in the video was saying.

Yea but I think that is why Xei is saying this guy is an amateur. Oddly enough I agree with him. Shilling for t-notes? Come on. A currency collapse will make those useless. At least with gold it is still a commodity that can attract value even if it isn't a currency.

Originally Posted by Xei

I still don't know why people are worrying about that video or what it was posted for.

Nobody is 'worrying' about the video, and I'm still lost on why you assume that. That video was posted - as I thought was stated and restated - as a wake-up call to people who do not understand the world is run by money. It's not run by ethics, or political values, or any of the other bullshit that people fight about, all the time. The powers that (truly) be don't care about whether the economy is bad, or people are having trouble feeding their families or getting a good education, or how the middle class is being pushed into obscurity. It's a 'money over humanity' philosophy, and some people have a really hard time swallowing that pill.

Again, I said nothing about the guy being 'authoritative' or having any sway over anything at all. The message that he was conveying was the point the video was posted.

(In b4 "well everybody already knows that, so your posting the point was really unnecessary." )

If you understand the business cycle and its causes, inflation and its causes, then you probably know as much as any of the professionals on tv talking about economics. If you know what Keynesian economics is and you realize that its has bad practices that are the root cause of most of our current problems, then you are a step ahead of most professionals on tv. A great deal of economists on tv believe in Keynesian economics, but don't understand the business cycle, even though the business cycle is a critical part of Keynesian economics. So they support policies that are known to cause depressions.

Capitalism is meant to have people fall off and die, but America is too sensitive to let that happen and therefore throws off an otherwise perfect model by intervention into independent industry and small businesses. If America just let people fuck up and let the poor fall off as the model intends, there would be no depression.

Dreams4free for president.