Australian (ASX) Stock Market Forum

The World is on the brink!

The global situation isn't getting any better and with the events of the past few days it's probably only got worse.

Pakistan is heading toward pariah status with it's obvious sheltering of OBL and then disgust at the US actually doing something about it. (if that's all true of course)

Syria is about to go pear. The world wont stand back much longer there.

The US is now in about $15T debt. Unemployment still around 9%.

The EU has lost about $300B over the past year or so.

China inflation over 5%.

:eek:

My mum bought me some tablets from the TV - they were on special - so she bought a whole bunch. The directions say I'm meant to take 3 in the morning and 3 at night, but I couldn't be fagged.

What's your address - I'll send you them. I hate seeing good stuff go to waste.
 
My mum bought me some tablets from the TV - they were on special - so she bought a whole bunch. The directions say I'm meant to take 3 in the morning and 3 at night, but I couldn't be fagged.

What's your address - I'll send you them. I hate seeing good stuff go to waste.
I'm all stocked up LC. Of whatever you are offering. Thanks for thinking of me.
 
Wait until May 16 when USA reaches it debt ceiling and see what they do and if QE2 runs aground on June 30 the we could be going to hell in a hand basket.

A dirty bomb is the main worry and when it will go off, I assume in some capital city New York, London Paris.

OBL and his crew forced the Russian to fight an unwinnable war and that sent Russia bankrupt and most of the troops back to Russia as drug addicts. OBL and crew then outlaid 500K to send a few planes in to WTC and forced the western world into a war we can't win while we spend money we don't have the Taliban etc continue on watching us destroy our selves, our life style, our banking system and making fools out of elected officials.
All good financial planning I reckon and the best trade in history.
 
Just though I'd add that I am not seeing anything good in the world at the moment either. There is nothing indicating light at the end of the tunnel. Politicians are still doing everything they can to strangle their economies chance of recovering naturally. There is still way to much socialism in the world, and the direction of movement is not towards capitalism but towards more socialism. The Left are winning, even if you exclude social and demographic policies.
It is proving difficult for me to work out what assets are actually safe. When China stalls, AUD will dive so cash is not safe. Stocks will dive, commodities (inc gold) will dive. Foreign currencies are not acceptable because they have negative rates of return. What to do, what to do...
Wait until May 16 when USA reaches it debt ceiling and see what they do and if QE2 runs aground on June 30 the we could be going to hell in a hand basket.

A dirty bomb is the main worry and when it will go off, I assume in some capital city New York, London Paris.
1) They will simply raise the debt ceiling. Yes that means the 'ceiling' is meaningless, but that's what they will do. Besides, no politician ever stuck to any rules, they always weasel around them (the US constitution being a good example). Also, QE2 will end in June, yes. There will then probably be a new round of QE after a short break. Keep in mind that monetary and fiscal stimuli are always 'hair of the dog', if the economy is broken after they stop, its already broken. The government does not produce anything, they can only expropriate and control things that are already made.

2) A dirty bomb isn't that scary. Throwing bits of radioactive material into the air with a chemical explosive really isn't that dangerous as far as the radiation levels are concerned. The fallout is very minor and decontamination is straightforward.
 
Maybe I should make that dirty bomber some one who has a piece of plutonium / radio active material, when cars coming out of Japan are registering on the Geiger counters it shows there is not much to nuke a few cities even a small amount would create havoc.

Beans and bullets look like a good investment.

Main concern when it starts how long will if go on for 1930's took 27 yrs to get back to where the market was originally.
The other thing all modern technology using circuit board , parts or systems relying on tech's to repair will crash because the tech's will be looking for work else were or at home growing food and defending there patch.

Maybe write your self a poison pen letter and eat it.
 
Buy shares in Apple when they release the Iraq you will have some where to put all your obsolete equipment.
 
www.globalresearch.ca/index.php?context=va&aid=24730

This press conference organized by Globla Research was held in the context of Helen Caldicott's public lecture to Montreal on March 18, 2011.

First I want to present this report, produced by the New York Academy of Sciences, a report on Chernobyl. It can be downloaded.(2) They translated 5,000 articles from Russian for the first time into English. It seems that nearly a million people have already died as a result of Chernobyl, despite what the WH0(3) says and the IAEA.(4) This is one of the most monstrous cover-ups in the history of medicine. Because everybody should know about this.

Then we extrapolate through to Japan. Japan is by orders of magnitude many times worse than Chernobyl. Never in my life did I think that six nuclear reactors would be at risk.(5) I knew that three GE engineers who helped design these Mark I GE reactors, resigned because they knew they were dangerous.(6)

So Japan built them on an earthquake fault. The reactors partially withstood the earthquake, but the external electricity supply was cut off, and the electricity supplies the cooling water, a million gallons a minute, to each of those six reactors. Without the cooling water, the water [level] falls, and the rods are so hot they melt, like at Three Mile Island, and at Chernobyl.

So the emergency diesel generators, which are as large as a house, got destroyed by the tsunami, so there is no way to keep the water circulating in the reactors.(7) Also, on the roofs of the reactors, not within the containment vessel, are cooling pools. Every year they remove about thirty tons of the most radioactive rods that you can possibly imagine.(8) Each one is twelve feet long and half an inch thick. It gives out so much radiation, that if you stand next to it for a couple of minutes, you'll die. Not drop dead. Remember Litvinenko, the Russian, who got poisoned by polonium?(9) You'll die like that, with your hair falling out, and bleeding with massive infection, like AIDS patients die.

And [the spent fuel rods] are thermally hot, so they have to be put in a big pool, and continually cooled. The pool has really no roof.

There have been three hydrogen explosions, blowing off the roof of the building, not the containment vessel of the core, but the roof. And exposing the cooling pool.(10) Two of the cooling pools are dry. They have no water in them. Meaning that the nuclear fuel rods are covered with a material called zirconium. When zirconium is exposed to air, it burns, it ignites. Two of the cooling pools at this moment are burning. In the cooling pools are many times, like 10 to 20 times more radiation than in each reactor core. In each reactor core is as much long-lived radiation as would be produced by a thousand Hiroshima-sized bombs. We are dealing with diabolical energy.

E=MC2 is the energy that blows up nuclear bombs. Einstein said nuclear power is a hell of a way to boil water.(11) Because that is all nuclear power is used for, to boil water through the massive heat, turn it into steam, and turn a turbine which generates electricity.

Now when you fission uranium, 200 new elements are formed, all of which are much more poisonous to the body than the original uranium.(12) Although uranium is pretty poisonous. America used it in Fallujah, and in Baghdad. And in Fallujah, 80 per cent of the babies being born are grossly deformed.(13) They're being born without brains, single eyes, no arms... The doctors have told the women to stop having babies. The incidence of childhood cancer has gone up about twelve times. This is genocide -- it's a nuclear war being conducted in Iraq. The uranium that they're using lasts more than 4.5 billion years. So we're contaminating the cradle of civilization. "The coalition of the willing!"

In the nuclear power plants, however, there is a huge amount of radiation: two hundred elements. Some last seconds, some last millions of years. Radioactive iodine lasts six weeks, causes thyroid cancer. That's why people are saying, "Better take potassium iodide," because that blocks the thyroid uptake of radioactive iodine, which later can cause thyroid cancer.

In Chernobyl, over 20,000 people have developed thyroid cancer.(14) They have their thyroids out, and they will die unless they take thyroid replacement every day, like a diabetic has to take insulin.
Strontium-90 will get out, it lasts for 600 years. It goes to the bone, where it causes bone cancer or leukemia. Cesium lasts for 600 years -- it's all over Europe. 40 per cent of Europe is still radioactive. Turkish food is extremely radioactive. Do not buy Turkish dried apricots, or Turkish hazelnuts. The Turks were so cross with the Russians, they sent all their radioactive tea over to Russia after Chernobyl.(15)

Forty per cent of Europe is still radioactive. Farms in Britain, their lambs are so full of cesium they can't sell them. Don’t eat European food.

But that's nothing compared to what's happening now. One of the most deadly [nuclear byproducts] is plutonium, named after Pluto, god of the underworld. One millionth of a gram, if you inhale it, would give you cancer. Hypothetically, one pound of plutonium if evenly distributed could give everyone on earth cancer. Each reactor has 250 kilograms of plutonium in it. You only need 2.5 kilograms to make an atomic bomb, because plutonium is what they make bombs with.

So any country that has a reactor, works with your uranium. You [Canada] are the biggest exporter of uranium in the world.(16) Canada sells two things: it sells wheat for life, and uranium for death. Plutonium is going to get out and spread all over the northern hemisphere. It's already heading towards North America now.

Radioactive iodine, plus strontium, plus cesium, plus tritium, and I could go on and on and on. When it rains, downs come fallout, and it concentrates in food. If it gets into the sea, the algae concentrate it, hundreds of times. And the crustaceans concentrate it, hundreds of times. And then the little fish, then the big fish, then us.(17)

Because we stand on the apex of the food chain. You can't taste these radioactive food elements, you can't see them, you can't smell them. They're silent. When you get them inside your body, you don't suddenly drop dead of cancer, it takes five to sixty years to get your cancer, and when you feel a lump in your breast, it doesn't say, "I was made by some strontium-90 in a piece of fish you ate twenty years ago."

All radiation is damaging. It's cumulative -- each dose you get adds to your risk of getting cancer. The americium is more dangerous than plutonium -- I could go on and on. Depends if it rains if you're going to get it or not. If it rains and the radiation comes down, don't grow food, and don't eat the food, and I mean don't eat it for 600 years.

Radioactive waste from nuclear power is going to be buried, I hear, next to Lake Ontario. It's going to leak, last for millions of years, it's going to get into the water, and into the food chains. Radioactive waste will induce epidemics of cancer, leukemia, and genetic disease for the rest of time. This is the greatest public health hazard the world has ever witnessed, apart from the threat every day of nuclear war.

Einstein said "the splitting of the atom changed everything, save man's mode of thinking" -- very profound -- "and thus we drift toward unparalleled catastrophe." We are arrogant, we have a lot of hubris, and I think the reptilian mid-brain of some men's brains is pathological.(18)

We are in a situation where we have harnessed the energy of the sun. It is totally out of control. And there's simply nothing we can do about it.
 
www.globalresearch.ca/index.php?context=va&aid=24730

This press conference organized by Globla Research was held in the context of Helen Caldicott's public lecture to Montreal on March 18, 2011.

First I want to present this report, produced by the New York Academy of Sciences, a report on Chernobyl. It can be downloaded.(2) They translated 5,000 articles from Russian for the first time into English. It seems that nearly a million people have already died as a result of Chernobyl, despite what the WH0(3) says and the IAEA.(4) This is one of the most monstrous cover-ups in the history of medicine. Because everybody should know about this.

Then we extrapolate through to Japan. Japan is by orders of magnitude many times worse than Chernobyl. Never in my life did I think that six nuclear reactors would be at risk.(5) I knew that three GE engineers who helped design these Mark I GE reactors, resigned because they knew they were dangerous.(6)

So Japan built them on an earthquake fault. The reactors partially withstood the earthquake, but the external electricity supply was cut off, and the electricity supplies the cooling water, a million gallons a minute, to each of those six reactors. Without the cooling water, the water [level] falls, and the rods are so hot they melt, like at Three Mile Island, and at Chernobyl.

So the emergency diesel generators, which are as large as a house, got destroyed by the tsunami, so there is no way to keep the water circulating in the reactors.(7) Also, on the roofs of the reactors, not within the containment vessel, are cooling pools. Every year they remove about thirty tons of the most radioactive rods that you can possibly imagine.(8) Each one is twelve feet long and half an inch thick. It gives out so much radiation, that if you stand next to it for a couple of minutes, you'll die. Not drop dead. Remember Litvinenko, the Russian, who got poisoned by polonium?(9) You'll die like that, with your hair falling out, and bleeding with massive infection, like AIDS patients die.

And [the spent fuel rods] are thermally hot, so they have to be put in a big pool, and continually cooled. The pool has really no roof.

There have been three hydrogen explosions, blowing off the roof of the building, not the containment vessel of the core, but the roof. And exposing the cooling pool.(10) Two of the cooling pools are dry. They have no water in them. Meaning that the nuclear fuel rods are covered with a material called zirconium. When zirconium is exposed to air, it burns, it ignites. Two of the cooling pools at this moment are burning. In the cooling pools are many times, like 10 to 20 times more radiation than in each reactor core. In each reactor core is as much long-lived radiation as would be produced by a thousand Hiroshima-sized bombs. We are dealing with diabolical energy.

E=MC2 is the energy that blows up nuclear bombs. Einstein said nuclear power is a hell of a way to boil water.(11) Because that is all nuclear power is used for, to boil water through the massive heat, turn it into steam, and turn a turbine which generates electricity.

Now when you fission uranium, 200 new elements are formed, all of which are much more poisonous to the body than the original uranium.(12) Although uranium is pretty poisonous. America used it in Fallujah, and in Baghdad. And in Fallujah, 80 per cent of the babies being born are grossly deformed.(13) They're being born without brains, single eyes, no arms... The doctors have told the women to stop having babies. The incidence of childhood cancer has gone up about twelve times. This is genocide -- it's a nuclear war being conducted in Iraq. The uranium that they're using lasts more than 4.5 billion years. So we're contaminating the cradle of civilization. "The coalition of the willing!"

In the nuclear power plants, however, there is a huge amount of radiation: two hundred elements. Some last seconds, some last millions of years. Radioactive iodine lasts six weeks, causes thyroid cancer. That's why people are saying, "Better take potassium iodide," because that blocks the thyroid uptake of radioactive iodine, which later can cause thyroid cancer.

In Chernobyl, over 20,000 people have developed thyroid cancer.(14) They have their thyroids out, and they will die unless they take thyroid replacement every day, like a diabetic has to take insulin.
Strontium-90 will get out, it lasts for 600 years. It goes to the bone, where it causes bone cancer or leukemia. Cesium lasts for 600 years -- it's all over Europe. 40 per cent of Europe is still radioactive. Turkish food is extremely radioactive. Do not buy Turkish dried apricots, or Turkish hazelnuts. The Turks were so cross with the Russians, they sent all their radioactive tea over to Russia after Chernobyl.(15)

Forty per cent of Europe is still radioactive. Farms in Britain, their lambs are so full of cesium they can't sell them. Don’t eat European food.

But that's nothing compared to what's happening now. One of the most deadly [nuclear byproducts] is plutonium, named after Pluto, god of the underworld. One millionth of a gram, if you inhale it, would give you cancer. Hypothetically, one pound of plutonium if evenly distributed could give everyone on earth cancer. Each reactor has 250 kilograms of plutonium in it. You only need 2.5 kilograms to make an atomic bomb, because plutonium is what they make bombs with.

So any country that has a reactor, works with your uranium. You [Canada] are the biggest exporter of uranium in the world.(16) Canada sells two things: it sells wheat for life, and uranium for death. Plutonium is going to get out and spread all over the northern hemisphere. It's already heading towards North America now.

Radioactive iodine, plus strontium, plus cesium, plus tritium, and I could go on and on and on. When it rains, downs come fallout, and it concentrates in food. If it gets into the sea, the algae concentrate it, hundreds of times. And the crustaceans concentrate it, hundreds of times. And then the little fish, then the big fish, then us.(17)

Because we stand on the apex of the food chain. You can't taste these radioactive food elements, you can't see them, you can't smell them. They're silent. When you get them inside your body, you don't suddenly drop dead of cancer, it takes five to sixty years to get your cancer, and when you feel a lump in your breast, it doesn't say, "I was made by some strontium-90 in a piece of fish you ate twenty years ago."

All radiation is damaging. It's cumulative -- each dose you get adds to your risk of getting cancer. The americium is more dangerous than plutonium -- I could go on and on. Depends if it rains if you're going to get it or not. If it rains and the radiation comes down, don't grow food, and don't eat the food, and I mean don't eat it for 600 years.

Radioactive waste from nuclear power is going to be buried, I hear, next to Lake Ontario. It's going to leak, last for millions of years, it's going to get into the water, and into the food chains. Radioactive waste will induce epidemics of cancer, leukemia, and genetic disease for the rest of time. This is the greatest public health hazard the world has ever witnessed, apart from the threat every day of nuclear war.

Einstein said "the splitting of the atom changed everything, save man's mode of thinking" -- very profound -- "and thus we drift toward unparalleled catastrophe." We are arrogant, we have a lot of hubris, and I think the reptilian mid-brain of some men's brains is pathological.(18)

We are in a situation where we have harnessed the energy of the sun. It is totally out of control. And there's simply nothing we can do about it.

What a load of absolute bollox
 
www.globalresearch.ca/index.php?context=va&aid=24730

This press conference organized by Globla Research was held in the context of Helen Caldicott's public lecture to Montreal on March 18, 2011.

First I want to present this report, produced by the New York Academy of Sciences, a report on Chernobyl. .........................

Einstein said "the splitting of the atom changed everything, save man's mode of thinking" -- very profound -- "and thus we drift toward unparalleled catastrophe." We are arrogant, we have a lot of hubris, and I think the reptilian mid-brain of some men's brains is pathological.(18)

We are in a situation where we have harnessed the energy of the sun. It is totally out of control. And there's simply nothing we can do about it.

Helen needs to read Freud rather than Einstein.

What a load of absolute bollox

I agree totally with your sentiments spooly.

gg
 
Whilst I don't subscribe to fear mongering or conspiracy theories... here are my thoughts.

Even if the world is on the 'brink'. I have to ask the 'brink' of what. Destruction? Obliteration? Poverty? or perhaps, change? redesign? Evolution? (god forbid the argument that might ensure from using that word)

All civilisations will most likely (can't say for sure) end and be superceded by a newer, stronger more developed civilisation (not always ethicaly, morally or spiritually).

In my opinion (even I take my opinion with a grain of salt), this worlds economy is just changing it reliance and with this change will come geopolitical and societal change across the glove. It's not something to run around with our heads cut off (mainly because we won't be the civilisation being destroyed, for lack of a better word), it is just something to be aware of so that we can adapt, change and move forward into a new world.

My :2twocents

Jayvan
 
Perhaps we are about to see what the 'mean reversion' of humanity looks like?

population.gif

Time for Carousel?:eek:

[video]http://youtu.be/xSnLU9nyFSA[/video]
 
Sammy 84
Sold one house for $296 an 8 yr later it was worth $900 result of a divorce
Paid 96K for one house sold it 10 yr later for $95K due to CSA.
Purchased my house for 80 sold it for 250 and few yrs later brought Gold At 500 600 an oz Silver for about 8 10 still have.. I am not saying this will happen its up to the individual to decide, although I firmly believe it will , always ask yourself one question What if?????
Like the Jews in Germany they knew it was OK to stay.

I predict OZ house prices will follow USA, PM's will go up after June, QE 2 will be re-name some thing else and started up again and USA will continue to print money until the plug is pulled.
Inflation is/ will take of.
Me I an just getting prepared because I asked what IF.
You only have to look at the quality and values of the people running the economy to see we are in trouble, every 75 yrs or so there has been a depression type event.
Tell me were I am wrong in all this, where is the good news what good news has there been since you have known me.
The IMF. Fed Res. ECB are only there to stop their banks tanking nothing else even now little Timmy is telling USA to lift the ceiling days before it hit the ceiling debt level..

If I am wrong in a few yrs time I will be apologizing here.


Watch the Grapes of Wrath or read the book to see what happens in a depression .
Thanks for your input it is one of the things about Humans we can debate and decide like religion all think they are correct..
 
Sammy 84
Sold one house for $296 an 8 yr later it was worth $900 result of a divorce
Paid 96K for one house sold it 10 yr later for $95K due to CSA.
Purchased my house for 80 sold it for 250 and few yrs later brought Gold At 500 600 an oz Silver for about 8 10 still have.. I am not saying this will happen its up to the individual to decide, although I firmly believe it will , always ask yourself one question What if?????
Like the Jews in Germany they knew it was OK to stay.

I predict OZ house prices will follow USA, PM's will go up after June, QE 2 will be re-name some thing else and started up again and USA will continue to print money until the plug is pulled.
Inflation is/ will take of.
Me I an just getting prepared because I asked what IF.
You only have to look at the quality and values of the people running the economy to see we are in trouble, every 75 yrs or so there has been a depression type event.
Tell me were I am wrong in all this, where is the good news what good news has there been since you have known me.
The IMF. Fed Res. ECB are only there to stop their banks tanking nothing else even now little Timmy is telling USA to lift the ceiling days before it hit the ceiling debt level..

If I am wrong in a few yrs time I will be apologizing here.


Watch the Grapes of Wrath or read the book to see what happens in a depression .
Thanks for your input it is one of the things about Humans we can debate and decide like religion all think they are correct..

Agree totally and have done virtually the same. Funny I read the Grapes of Wrath (back in 1982) too.

And for those who do not ponder and investigate the "what if" there could be some nasty shocks and soon IMHO. Two great books I read in the last 10 years, "Financial Armageddon" and "Conquor the Crash". the latter called things a bit early but have been spot on in predicting the way it is all now going. The great thing about those reads is that they help you understand what is going on, why and how to defend yourself financially. Also owe a huge debt to "The Privateer Newsletter", Jack Buckler is one of the best informed economists I have known.

I post these things up to help others and in recent times many ASF'ers have pm'd appreciation. It feels good to give. :)

And I would not joke about the canned food and vegie patch either. Rampant inflation is showing signs of hitting all the stores near you now.
 
Thanks explod.
One thing about the movie was the way people turned on each other when they thought they would loose some thing and hunted others away.

A forum is suppose to be a platform to float ideas and you make up your own mind.

There have ben good time to trade mainly on bad news and there be a lot of bad news to come and a lot of money to be made and starting with in weeks.
 
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