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Originally posted by amongus
Collapse is coming. It's coming. Yep, it's coming. Not yet? Oh, I swear, it's coming. Ok, maybe next month. No? Well, tomorrow....it's coming. The collapse is coming.
I've been following this thread since it's inception, and laugh every time I see it on the recent posts page at this point. Yep...you all have been clamoring that the collapse is coming......for years.
Yet nothing.
TPTB won't let it happen.
I'll get flamed...but, this thread is pure fear mongering.
Originally posted by amongus
Collapse is coming. It's coming. Yep, it's coming. Not yet? Oh, I swear, it's coming. Ok, maybe next month. No? Well, tomorrow....it's coming. The collapse is coming.
I've been following this thread since it's inception, and laugh every time I see it on the recent posts page at this point. Yep...you all have been clamoring that the collapse is coming......for years.
Yet nothing.
TPTB won't let it happen.
I'll get flamed...but, this thread is pure fear mongering.
Originally posted by marg6043
reply to post by amongus
The way politics works this way and American been a corporate dictatorship, you can not expect news all over the corporate owned media announcing that America and the world has collapsed.
Regardless of the original inspiration, once Facebook goes public Zuckerberg's job is to create value for shareholders. That means getting more than $4.50 a year for selling each user's information to advertisers. One of the ways Facebook is going to go about this value extraction is turning your every click into a sponsorship.
If you feel exploited now you ain't seen nothing yet. Post-IPO, everything you "Like", suggest or link is going to be packaged and sold. Anyone you "Friend" will be pitched stuff you like. People with whom you have common friends will be sold goods on the basis of your unwitting recommendation. You won't just be connecting with people anymore, you'll be infecting them with spam, pop-ups, and network.
If that sounds something like a social disease it's because that's exactly what it is.
Originally posted by amongus
Collapse is coming. It's coming. Yep, it's coming. Not yet? Oh, I swear, it's coming. Ok, maybe next month. No? Well, tomorrow....it's coming. The collapse is coming.
I've been following this thread since it's inception, and laugh every time I see it on the recent posts page at this point. Yep...you all have been clamoring that the collapse is coming......for years.
Yet nothing.
TPTB won't let it happen.
I'll get flamed...but, this thread is pure fear mongering.
Now Facebook has become an all for profit organization, is not longer a social media geared site, even when people still think they are.
Facebook was not originally created to be a company. It was built to accomplish a social mission — to make the world more open and connected...
...By helping people form these connections, we hope to rewire the way people spread and consume information. We think the world's information infrastructure should resemble the social graph — a network built from the bottom up or peer-to-peer, rather than the monolithic, top-down structure that has existed to date. We also believe that giving people control over what they share is a fundamental principle of this rewiring...
...We hope to change how people relate to their governments and social institutions...
...As I said above, Facebook was not originally founded to be a company. We've always cared primarily about our social mission, the services we're building and the people who use them. This is a different approach for a public company to take, so I want to explain why I think it works...
...Simply put: we don't build services to make money; we make money to build better services...
..These days I think more and more people want to use services from companies that believe in something beyond simply maximizing profits...
...We don't wake up in the morning with the primary goal of making money...
...Thanks for taking the time to read this letter...
Hungary is seeking an international credit line of 15 to 20 billion ($20 to $26.3 billion) euros, the secretary of state heading the prime minister's office, Mihaly Varga, was quoted on Saturday as saying.
Hungary is seeking backup from the International Monetary Fund and the European Union to reassure investors it has financing even if it gets cut off from debt markets later this year.
Greek PM Lucas Papademos is meeting the party leaders of his coalition to try and win support for a proposed 130bn euros ($171bn; £108bn) EU rescue. Mr Papademos wants their backing for reforms demanded by the IMF and EU as a condition of the bailout.
Mr Papademos hopes to reach a deal with the three party chiefs by Sunday night, but two of them have expressed opposition to the deal. The money must be in place by mid-March if Athens is to avoid a debt default.
Eurozone ministers had hoped to meet on Monday to finalise the bailout - Greece's second - but that meeting has now been cancelled...
...Giorgos Karatzaferis, leader of the far-right Laos party, had earlier told reporters he would not bow to pressure from Berlin and "blackmail conditions", AFP reports. Athens faces loan repayments to private lenders of 14.4bn euros ($19 billion) on 20 March.
The BBC's Mark Lowen, in Athens, says Greece cannot afford to lose the bailout package and a lot now rides on these talks. But, our correspondent says, that with potential elections in April, the parties in Mr Papademos' coalition are wary about being seen to be associated with the austerity measures being demanded by the EU.
EU officials have expressed frustration with Greece over delays in backing the terms of the latest rescue package, which is being put together by the European Union, the International Monetary Fund and the European Central Bank - the so-called "troika" of lenders.
"There is great impatience and great pressure not only from the three institutions that make up the troika but also from eurozone member states," said Mr Venizelos, after what he described a "very difficult" conference call with his eurozone counterparts. Reforms that international lenders want to see include a lower minimum wage, the removal of a "13th and 14th month" extra salary which is paid to workers as an annual bonus, and the liberalisation of workplace regulations.
Opponents say that more cuts will worsen living conditions which have already been affected by two years of austerity measures. Unless Greece promises to implement reforms, the eurozone ministers say Greece will not be able to go ahead with a plan to restructure its privately-held debt.
Greece has prepared a debt plan with private creditors to halve the value of Greek debt and in return receive new, 30 year bonds with an average interest rate of less than 4%.
The restructuring is to help cut Greek debt to 120% of GDP in 2020 from 160% now.
Originally posted by surrealist
Originally posted by amongus
Collapse is coming. It's coming. Yep, it's coming. Not yet? Oh, I swear, it's coming. Ok, maybe next month. No? Well, tomorrow....it's coming. The collapse is coming.
I've been following this thread since it's inception, and laugh every time I see it on the recent posts page at this point. Yep...you all have been clamoring that the collapse is coming......for years.
Yet nothing.
TPTB won't let it happen.
I'll get flamed...but, this thread is pure fear mongering.
Oh it's coming alright! I hear ya daddy calling. Oooh he's got a paddle. It's coming! Pappa gonna 'collapse' yo chubby gut over his knee and spank ya bottom! Whoah pappa looks like Bernanke! Run little boy! Run! Run far away. This is a forum for adults.