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Newbie Welcome Area / Re: You've helped already !
« on: 17 November 2011, 18:14:55 »
Heya Worm! What's a name very sick!!! Welcome along !
Welcome to OOF
I'm living in a post-socialst country, remember well to the time of socialism when I got my profession. Everybody had a job but nobody did anything, everybody complained despite of their acceptable salary, we had some banana from Cuba but that's quantity was strictly limited...There was a lot of millionars although talking about them could be just whisperly.(Party funktioners/officers) Socialism - marxism maybe good ideology but only in case of professional leadership, the collapse of kommunism/socialism was expectable so it was led by selfish idiots. And back to now, who lead the banks and rating agencies? Selfish idiots as well, crisis made by banks and wasn't precognised by rating agencies. The circle is closed.Thats the thing Den.Capitalism is far from perfect.Its been very imperfect recently,but if the alternative is socialism - its a no brainer imo.
Yes, I'm inclined to agree with you son, it's very easy to bitch about the present arrangements and where we presently sit but in reality, there's little to adopt as an alternative at the moment.
I had been suffered with a small amount of coolant loss but yesterday found a small hole/split, fortunately close to the coolant tank and to the end of pipe. Cut back a little , hope that was the only cause... For tomorrow I'm planning a complete swap of tyre garniture /the winter is coming/ till my honey and doughter and my mother in law are shopping...I'm afraid of that swap will be more expensive than usual...Tyre swap is done , shopping was a bit more expensive...
Ok but who rate these rating agencies? Their analysis and announcies are often full of nonsense!I have been pondering the current (world) crisis and the role the banks (money markets if you like) are playing.It's no use blaming the rating agencies.
Here is my take. The banks loan money to countries who need/want money. Everyone is happy. Then some paper shufflers somewhere spot that the maths don't quite add up and the country doesn't look such a good bet to be able to make its repayments.So what do they do? They UP the interest rate and declare loudly that the (insert name here) country is a bad prospect so the rate goes up and up meaning that the country has less and less money to pay its debts and future debts. Only two possible outcomes. The country sells off its family silver (if it has any or if there are any buyers) OR it defaults meaning the banks lose their money and have to get it back from some other source (otherwise they won't be able to justify continuing to pay themselves fat bonuses)
If it was a family with a loan it would be like upping the mortgage interest rate because a member of the family had lost overtime or a family member had lost their job. Then they couldn't pay their mortgage and ultimately have their home repossessed.
So who actually regulates these bankers who literally have the fate of the world in their hands as they toy with Greece, Italy .....Spain maybe, France who knows where it will end. ?? They could plunge us into a huge depression with their antics.
maybe just maybe those "grubby" protestors outside St Pauls and Times Square etc have a point
They missed the bit about my little brothers surviving me attacking them with a 500V bridge megger on a regular basis.My younger brother and me installed one to our brand new bicycle then if somebody borrowed we gave that with joy... The stronger they pushed the pedal the stronger was the shock they felt... UuaaaaAAAA There is a hun saying : "The youth is madness" if I translate well...
Smallpox NO (doesnt it only exist in the Lab now?)didnt get that until i was 14, & boy did i know about it.
Chickenpox, the common childhood illness, almost certainly, as the younger kids get it, the better.
below 1, 1 1/2 there are barely even detectable symptoms.
Smallpox NO (doesnt it only exist in the Lab now?)Yes, I mean chickenpox, sorry!
Chickenpox, the common childhood illness, almost certainly, as the younger kids get it, the better.
below 1, 1 1/2 there are barely even detectable symptoms.