though i am learning more, apparently this "revolution" like the arab spring is been funded and shaped by the CIA and bankers in an attempt to control it and make things go the way they want .....
I thought Soros was funding it?
I get the impression he's shorting the Governments and Banks.
Betting on them to collapse.
And he'll fund anyone who is opposed to bailouts
and then when they collapse????
if the governments cut enough from social causes, and give enough to their buddies in Finance, they can end the crisis
A short is a bet against a company
There's also lots of derivatives you can use too
Soros is famous because he shorted the British pound back in the 1990's
And his hedge fund was fighting with the Bank of England over the rate of Sterling, he was shorting and the BOE was buying £, he won, and earned £10 billion on the business
I don't understand exactly what way it worked
But he ruined the BoE's reputation and caused a major devaluation in the pound.
I think he worked with Jim Rogers for a while
Jim Rogers does a lot of interviews and is in a lot of youtube videos.
He's negative on the outlook for the western economies and the big banks, and its a safe bet that Soros would have similar views to Jim Rogers.
So if I was Soros, I'd be looking to fund the "people", so they can get fight for their share of the wealth, so the government loses out on the money.
Same reasoning as the Soviet Union used to fund the trade union movement in the West
so what happens when the whole shambolic financial system crashes as it will in a few weeks???
Financial systems don't crash, that's just bullshit.
They only reflect whats happenning in the underlying economy.
If the whole thing drops, the government will print money to support it, inflation will rise, and everyone will get poorer.
We live in the first world, the amount of our incomes that goes on things like fuel and food is smaller than someone in the third world.
At the same time, services and labour remain expensive.
As a result of free trade, introduced in the 90s, all our industry and production - the basis of our wealth, has been outsourced to the third world.
So, since we neither have factories to produce stuff, nor the means to generate foreign exchange to pay for stuff, in the future out currencies will devalue and the price of stuff we use will rise.
Expect to pay something like €5 for a loaf of bread or a litre of petrol, while your wages will remain the same.