RonManager Posted 21 November, 2010 Share Posted 21 November, 2010 Will it be 1929 all over again on December 7th? http://www.guardian.co.uk/world/2010/nov/20/eric-cantona-bank-protest-campaign Link to comment Share on other sites More sharing options...
Whitey Grandad Posted 21 November, 2010 Share Posted 21 November, 2010 Stupid pr1ck. Link to comment Share on other sites More sharing options...
Deano6 Posted 21 November, 2010 Share Posted 21 November, 2010 I expect there'll be a fair fewpeople taking their money out a few days before to protect their cash / avoid the queues. Link to comment Share on other sites More sharing options...
scotty Posted 21 November, 2010 Share Posted 21 November, 2010 I trust we'll all be joining in to help protect the french against having to wait til they are 62 before they can retire Link to comment Share on other sites More sharing options...
benjii Posted 21 November, 2010 Share Posted 21 November, 2010 He is correct with his central tenet which is that protests like the recent one in London are impotent and really rather pathetic and become the plaything of disgusting unwashed knobbers. He is right that the form of protest he advocates could have far greater impact. But it's a **** idea. Link to comment Share on other sites More sharing options...
Sheaf Saint Posted 21 November, 2010 Share Posted 21 November, 2010 He is correct with his central tenet which is that protests like the recent one in London are impotent and really rather pathetic and become the plaything of disgusting unwashed knobbers. He is right that the form of protest he advocates could have far greater impact. But it's a **** idea. It's not really. It's a good idea in principle. The only way to release the stranglehold of the global banks is for everyone to withdraw their money simultaneously, as the figures on the accounts are not backed up by hard currency, or by anything come to that. Of course it will never happen, because if everyone did do this there would be utter chaos. World markets would collapse, stocks and shares would become worthless, businesses would shut down as they would have no cash to pay their employees; but most of all everyone would actually have to go out into the world and fend for themselves and that is probably the main reason why people would never follow through with it. Link to comment Share on other sites More sharing options...
scotty Posted 21 November, 2010 Share Posted 21 November, 2010 It's not really. It's a good idea in principle. The only way to release the stranglehold of the global banks is for everyone to withdraw their money simultaneously, as the figures on the accounts are not backed up by hard currency, or by anything come to that. Of course it will never happen, because if everyone did do this there would be utter chaos. World markets would collapse, stocks and shares would become worthless, businesses would shut down as they would have no cash to pay their employees; but most of all everyone would actually have to go out into the world and fend for themselves and that is probably the main reason why people would never follow through with it. tbh, the main reason I wouldnt go through with it is that Ive got f*ck all in the bank anyway Link to comment Share on other sites More sharing options...
benjii Posted 21 November, 2010 Share Posted 21 November, 2010 It's not really. It's a good idea in principle. The only way to release the stranglehold of the global banks is for everyone to withdraw their money simultaneously, as the figures on the accounts are not backed up by hard currency, or by anything come to that. Of course it will never happen, because if everyone did do this there would be utter chaos. World markets would collapse, stocks and shares would become worthless, businesses would shut down as they would have no cash to pay their employees; but most of all everyone would actually have to go out into the world and fend for themselves and that is probably the main reason why people would never follow through with it. Sorry, can you reconcile the two bold bits for me please? Link to comment Share on other sites More sharing options...
Sheaf Saint Posted 21 November, 2010 Share Posted 21 November, 2010 Sorry, can you reconcile the two bold bits for me please? I mean it's a good idea if anybody is ever going to challenge the global domination of the major banks. The only way to hurt them is in their pocket. Of course, we could just carry on with things as they are with banks screwing everyone over, making obscene profits and basically controlling government policy; or we can stand up to them and say "We've done it your way for too long, now it's time to do it our way". That is why it is a good idea. The obvious downside is that if banks were to all shut down then so would all businesses, and if that were to happen then mankind would be thrown back into the dark ages with everyone having to hunt and forage for their own food instead of just popping down the supermarket. I personally don't think that would be such a bad thing TBH, because maybe everyone would finally get over their innate materialism. Perhaps it would help the massive over-population problem we have as well as many simply would not be able to cope. Can you imagine if the playstation generation actually had to go out and fend for themselves? It's quite a shame what skills mankind has lost over the five thousand odd years since the dawn of civilisation (I used italics there because I personally think that forcing people to live in such confined areas with other humans and caring only about their own material gains is far from 'civilised' but that's another matter). Link to comment Share on other sites More sharing options...
Thedelldays Posted 21 November, 2010 Share Posted 21 November, 2010 bexy....what is "our way"..? Link to comment Share on other sites More sharing options...
benjii Posted 21 November, 2010 Share Posted 21 November, 2010 I mean it's a good idea if anybody is ever going to challenge the global domination of the major banks. The only way to hurt them is in their pocket. Of course, we could just carry on with things as they are with banks screwing everyone over, making obscene profits and basically controlling government policy; or we can stand up to them and say "We've done it your way for too long, now it's time to do it our way". That is why it is a good idea. The obvious downside is that if banks were to all shut down then so would all businesses, and if that were to happen then mankind would be thrown back into the dark ages with everyone having to hunt and forage for their own food instead of just popping down the supermarket. I personally don't think that would be such a bad thing TBH, because maybe everyone would finally get over their innate materialism. Perhaps it would help the massive over-population problem we have as well as many simply would not be able to cope. Can you imagine if the playstation generation actually had to go out and fend for themselves? It's quite a shame what skills mankind has lost over the five thousand odd years since the dawn of civilisation (I used italics there because I personally think that forcing people to live in such confined areas with other humans and caring only about their own material gains is far from 'civilised' but that's another matter). Why don't you go and live in the forest somewhere then? Build a little shack, catch your dinner... nothing's stopping you. Maybe you actually quite like "civilisation"? Link to comment Share on other sites More sharing options...
aintforever Posted 21 November, 2010 Share Posted 21 November, 2010 (edited) I agree with his aims, but his idea is ******, the cash machines would just run out of notes and nobody will be able to withdraw anything. The banks are taking the ****, you've got the Irish government begging for money whilst banks pay out billions in bonuses. The banks are just sucking the money out of the system, it HAS to come to a head soon. Capitalism is fine as long as governments can keep control of it, at the moment big business is controlling governments and it will implode. Edited 21 November, 2010 by aintforever Link to comment Share on other sites More sharing options...
saintfully Posted 21 November, 2010 Share Posted 21 November, 2010 Nothing wrong with bringing the current crisis to a head early - would save us all a lot of grief in the long term. And it wouldn't mean the end of the world, just a very painful readjustment back to reality. If you want to know what happens when countries can't afford to pay their debts and default (restructure), look at Argentina and Russia. IMO, what has just happened with Ireland (bailout) is only postponing the inevitable. Next country to be put under pressure will be Portugal, which will be bailed out, then Spain - which is too big to be bailed out. Germany will refuse unless the bondholders (banks etc.) accept a restructuring of their debt. This means European banks will go under and with any luck, the final decision will be made by the IMF to not bail them out. Of course, the IMF might decide to bail them out -which will result in its own problems for the larger global banks, as I don't see the US, Japan, China being prepared/able to afford a second bailout. I don't see many Martians queuing up to save the IMF - so this is when the story has to end. Finally, when the people/institutions who lent the money accept that they aren't going to get it all back (the money don't exist), and governments/people let them fail. Amen to that. Link to comment Share on other sites More sharing options...
Thedelldays Posted 21 November, 2010 Share Posted 21 November, 2010 I wonder if the Irish are regretting voting yes for the euro Link to comment Share on other sites More sharing options...
saintfully Posted 21 November, 2010 Share Posted 21 November, 2010 I expect so. Link to comment Share on other sites More sharing options...
Sheaf Saint Posted 22 November, 2010 Share Posted 22 November, 2010 bexy....what is "our way"..? I simply meant that the general population would dictate to the banks instead of the other way round. Link to comment Share on other sites More sharing options...
Sheaf Saint Posted 22 November, 2010 Share Posted 22 November, 2010 (edited) Why don't you go and live in the forest somewhere then? Build a little shack, catch your dinner... nothing's stopping you. Maybe you actually quite like "civilisation"? Well actually, everything is stopping me, seeing as I'm not a rich landowner with acres of forest. I'm pretty sure it's illegal to go and live and hunt on other people's land in this day and age. Edited 22 November, 2010 by Sheaf Saint Link to comment Share on other sites More sharing options...
Deano6 Posted 22 November, 2010 Share Posted 22 November, 2010 I simply meant that the general population would dictate to the banks instead of the other way round. What does this mean? Link to comment Share on other sites More sharing options...
pedg Posted 22 November, 2010 Share Posted 22 November, 2010 The left wing union run Trotskyite pseudo Marxist BBC say it will probably not have an effect: http://www.bbc.co.uk/news/magazine-11811238 But then that's trendy left wing thinking so who knows. Link to comment Share on other sites More sharing options...
Thorpe-le-Saint Posted 22 November, 2010 Share Posted 22 November, 2010 Where's Dune and his blood-spitting "he's a Marxist" tirade? Link to comment Share on other sites More sharing options...
Hatch Posted 22 November, 2010 Share Posted 22 November, 2010 I agree with his aims, but his idea is ******, the cash machines would just run out of notes and nobody will be able to withdraw anything. This, the protest would last about 5 mins before petering out Link to comment Share on other sites More sharing options...
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