1 edit
So, the latest theory that is percolating the hush hush underground is that this latest Financial Collapse of what has so far been based in the US with US institutions was NOT an accident. In fact, they say it was ENGINEERED.
I don't want to lend any credence to this theory, yet, so let's ask the familiar questions:
Who benefits from a financial collapse like this one?
Who has the power to engineer it?
What would be the end result of the collapse when it's all said and done?
Originally posted by uzlessWho benefits from a financial collapse like this one?
So, the latest theory that is percolating the hush hush underground is that this latest Financial Collapse of what has so far been based in the US with US institutions was NOT an accident. In fact, they say it was ENGINEERED.
I don't want to lend any credence to this theory, yet, so let's ask the familiar questions:
Who benefits from a financial collap ...[text shortened]... er to engineer it?
What would be the end result of the collapse when it's all said and done?
Enemies of "the west."
Who has the power to engineer it?
China if they so chose, but (1) they are clearly not responsible for this mess. (2) They would be shooting themselves in the foot because they depend on us almost as much as we depend on them.
What would be the result at the end of a total collapse?
Depends on how much collapsed.
The entire premise of this conspiracy theory is ridiculous.
1 edit
Originally posted by MrHand[/b]Surely someone's making money out of it?
[b]Who benefits from a financial collapse like this one?
Enemies of "the west."
Who has the power to engineer it?
China if they so chose, but (1) they are clearly not responsible for this mess. (2) They would be shooting themselves in the foot because they depend on us almost as much as we depend on them.
What would be the result at t ...[text shortened]...
Depends on how much collapsed.
The entire premise of this conspiracy theory is ridiculous.
EDIT: Just edited to take away the bold.
Originally posted by MrHandThe people owning the shorts and the buyers of credit default swaps, but that doesn't necessarily mean it's a conspiracy.
Many of the middle men mortgage brokers made lots of money...but that was not because of the collapse.
Who is going to make money BECAUSE of the collapse??
2 edits
Originally posted by Mad RookI think you are referring to naked short selling, etc. That is negligible compared to the credit crisis caused by the mtg securities that are riddled with defaulted or bound to default subprimes.
The people owning the shorts and the buyers of credit default swaps, but that doesn't necessarily mean it's a conspiracy.
Originally posted by uzlessThe Democrats benefit. The more they can make it sound like 1932, the better their chances of winning the election.
So, the latest theory that is percolating the hush hush underground is that this latest Financial Collapse of what has so far been based in the US with US institutions was NOT an accident. In fact, they say it was ENGINEERED.
I don't want to lend any credence to this theory, yet, so let's ask the familiar questions:
Who benefits from a financial collap ...[text shortened]... er to engineer it?
What would be the end result of the collapse when it's all said and done?
Originally posted by MrHandSo are you saying that there's bigger money to be made here than shorting and CDSes? Don't keep us in suspense, spill the beans! (Not that knowing would help me any. I'm too much of a chicken to try any of this stuff.)
I think you are referring to naked short selling, etc. That is negligible compared to the credit crisis caused by the mtg securities that are riddled with defaulted or bound to default subprimes.
Originally posted by Mad RookDSR ......duuuuuuude. The republicans are the ones that de-regulated the market such that these bogus mtg. "securities" were possible. Phil Gramm et al. 1999 I believe.
So are you saying that there's bigger money to be made here than shorting and CDSes? Don't keep us in suspense, spill the beans! (Not that knowing would help me any. I'm too much of a chicken to try any of this stuff.)
Mad Rook, I'm no investment banker. I know a bit about it. My point was just that the short selling stuff is just a drop in the bucket compared to the ocean of sub-prime riddled securities and resulting credit crisis.
Originally posted by uzlessOkay, you guys didn't really catch on so consider the following reality....
So, the latest theory that is percolating the hush hush underground is that this latest Financial Collapse of what has so far been based in the US with US institutions was NOT an accident. In fact, they say it was ENGINEERED.
I don't want to lend any credence to this theory, yet, so let's ask the familiar questions:
Who benefits from a financial collap ...[text shortened]... er to engineer it?
What would be the end result of the collapse when it's all said and done?
"Goldman Sachs is now the larger of the two major U.S. investment banks still standing on Wall Street".
I'll let you boys take it from there
1 edit
Originally posted by Scriabinlol, Well the theory is bigger than just Goldmans...consider who Goldmans biggest partners are...consider further the new exchange Goldmans is pushing for in Dubai...consider the amount of former goldmans executives who now hold significant places of power in government offices...consider consider consider.....
I knew it! Those Clintons did it.
not that i agree with it.
Originally posted by uzlessMaybe we're not interested enough to take it from here. 😛 Just tell us what you've heard about the theory. My guess it's probably a ridiculous theory anyway.
Okay, you guys didn't really catch on so consider the following reality....
"Goldman Sachs is now the larger of the two major U.S. investment banks still standing on Wall Street".
I'll let you boys take it from there
Originally posted by MrHandSorry, what's a DSR? I'm not familiar with that term. Debt Service Ratio? Der Schwarze Ritter? 😉
DSR ......duuuuuuude. The republicans are the ones that de-regulated the market such that these bogus mtg. "securities" were possible. Phil Gramm et al. 1999 I believe.
Mad Rook, I'm no investment banker. I know a bit about it. My point was just that the short selling stuff is just a drop in the bucket compared to the ocean of sub-prime riddled securities and resulting credit crisis.