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Europe is toast? A trader tells it like it is?

On 27 Sep 2011 at 2:39pm Pseud wrote:
A trader child of the right tells it as it is.
Goldman Sachs rules the world.

A bit alarming in truth.

Watch the video »
On 27 Sep 2011 at 3:12pm Mercian wrote:
I wonder what he's trying to get people to buy....
"I'm a trader, I'm only interested in making money".
"I just want to help people"
What a load of cobblers.
On 27 Sep 2011 at 5:32pm Annette Curtin-Twitcher wrote:
Breathtaking. I found myself wondering if he was for real, tbh.
On 27 Sep 2011 at 5:43pm jrsussex wrote:
As a child my mother was to first to tell me "The truth hurts". Certainly will if this trader is right. Please don't let me read that the coalition is putting more money into the ever depening euro hole, it is dead in the water.
On 27 Sep 2011 at 6:29pm bastian wrote:
I knew all this and have been slighting hedge funders since I began tapping the keys on this forum.He means it, the banks could just collapse and it's not in the interest of the banks to warn you,because they are the ones hedginI know alot of b*llocks is said about the guardian on this forum but they have published article after article on this subject but only a handful of people read them because money is so boring.What he didn't remind you about the great depression was that when the banks collapsed only the real money in your hand counted,everything else disappeared,turn your pockets out,what have you got?£2.50,that could be the last of your cash ever.
On 27 Sep 2011 at 7:06pm brixtonbelle wrote:
he may be a nasty money maker but he's honest and he's right. it is all goingto collapse and there will be plenty of people who are now hoovering up cheap shares and buying currencies, literally hedging their bets ona massive collapse. Look what Soros did for the pound in the glorious days of the ERM and the massive interest rates that ensued.
On 27 Sep 2011 at 7:07pm Deelite wrote:
In the great depression lots of people lost lots of money. If a bank collapses do you also loose all your debt? I ask as someone who has an offset mortgage and wouldn't mind losing my savings if at the same time I lost the mortgage they are offset against (and you can guess which is the bigger of the two!).
On 27 Sep 2011 at 7:41pm bastian wrote:
yes I wondered that, fancy doing the research ?,It is more likely that owing money to the bank that they have a stake in your property,as part of it belongs to the bank as an asset which could be liquified if need be...only,the banks don't want to do that unless they,as individuals actually gain in profit from it.However it does mean that any savings you have will vanish and then what do you live on? Also,remember the barrow loads of money the Germans were paid in, that children made kites out of because it was valueless? how many barrows to buy a loaf of bread? if we are talking that kind of crash then..sh*t, we are in trouble.
DO NOT TRUST THE I.M.F,they are responsible for this mess.
On 28 Sep 2011 at 8:31am DFL wrote:
Makes you think whether America is bothered about us Europeans at all !
On 28 Sep 2011 at 9:10am Mercian wrote:
I think you should restart this thread and think very carefully about what he is trying to get people to believe. There is one reaosn why traders go on television, and one reason only. To try to get people to do things that might be to their financial advantage. The truth would be secondary.
On 28 Sep 2011 at 4:02pm Webbo wrote:
Apparently it was a sort of hoax

Check it out here »
On 28 Sep 2011 at 4:29pm bastian wrote:
my last post didn't post,not uncommon,
if any of you ever saw the documentry essay by Adamn Curtis you would already be aware that what this attention seeker says is not untrue even if he is not qualified as a nasty little hedge funder himself,he can know what causes a downfall,infact no one from the city would fess that up...we should be careful of double hoaxing here,he may still be saying the unsayable.
On 28 Sep 2011 at 4:58pm Kettle wrote:
The only shock here is that people were shocked by what he said. Doesn't matter whether he is sucessful himself or not - he knows how traders think. These guys would sell their grannies by the hour to make money and there will be lots of vultures circling with glee when the worst happens. Which it probably will.
Obviously it's in his interest for things to collapse if he wants to be one of the vultures. Spreading panic is a good way to help things along.
At the kettle household we've been expecting it to go t*ts up for quite a while and have been trying to prepare for the worst.
On 29 Sep 2011 at 2:18pm Deelite wrote:
Out of interest Kettle, how have you been preparing?
On 1 Oct 2011 at 11:11am Kettle wrote:
By thinking about what is going to become more expensive - food and fuel - and how we can reduce our need to buy these things, and by doing what he says in the vid - securing assets.
Not saying that we have been enirely sucessful though.
On 1 Oct 2011 at 4:41pm bastian wrote:
what if you don't have any assets?
On 2 Oct 2011 at 11:27am Kettle wrote:
You don't have to secure them then, do you
On 2 Oct 2011 at 5:28pm bastian wrote:
no,we can just starve when food prices go up

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