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alstry (34.93)

What Happens When A Nation Gets Zombulated

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April 08, 2010 – Comments (4)

Largest exodus from Iceland since 1887

Destitute and desperate, Icelanders are leaving their country in record numbers.

MOSFELLSBAER, Iceland (AFP) – Anna Margret Bjoernsdottir never thought she would be forced to leave her once wealthy homeland, but after 18 months of economic upheaval she has decided to join the biggest emigration wave from Iceland in more than a century.

"I just don't see any future here. There isn't going to be any future in this country for the next 20 years, everything is going backwards," lamented the 46-year-old single mother, who plans to move to Norway in June.

http://news.yahoo.com/s/afp/20100407/lf_afp/icelandeconomysocialimmigration_20100407153600

The problems of Greece and Iceland are simply a product of Zombulation...when you run out of income, savings and access to credit.....hope fades quickly.

There are solutions, but it appears few care right now....but I have little doubt things will change in the future as more and more become aware of the Zombulator. 

Remember, our governments are running a $2 trillion dollar deficit just to keep this illusion going.

$2 trillion dollars is about TWICE the current income tax receipts.....TWICE.

Just ask yourself one simple question...when your government is broke.....what do you really have????????

4 Comments – Post Your Own

#1) On April 08, 2010 at 8:56 AM, alstry (34.93) wrote:

WHEN YOU TURN YOUR BACK TO THE ZOMBULATOR......THAT IS WHERE IT LIKE TO SHOOT FIRST

Valley General Hospital in Monroe - 12

The Rumson school district NJ - 16

Village of Mundelein IL - Layoffs / Service Cuts Likely

Update: Central Maine Power - 100

Pan American Mortgage LLC - 450 Possible 

The Town of Marana - 14

The Paradise Valley Unified School District AZ- Tax Increase or 70+ Layoffs

City of Reno - 12+ Possible

University of Colorado - 338 Over Next 2 Years

Harry & David - 80

Bridgewater NJ - 25

Centennial schools MN - 56

Lake Higgins NC Possible Closure, Vote Next Week

NY State Budget Could Force Closing 81 Senior Centers

The VA Clinic in Dickinson ND

Decorative Screen Printers LLC - Norwich CT

PNC Bank is closing its Glen Ridge location in NJ

John Bodger and Sons Seed Facility Closing

Office Depot Distribution Center in Westhampton PA - 135 Layoffs

Gertrude Hawk Chocolates in Dunmore PA

Rink Design Partnership Inc

Exide Technologies says the Laureldale plant PA will be closed June 7

180 Main Restaurant & Pub in Dubuque IA?

Mark Ford-Mercury, Inc in New Milford CT

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#2) On April 08, 2010 at 9:09 AM, atarigod (< 20) wrote:

I've been wondering lately Alstry, since you havent made any picks in quite a long time, what do you keep your money in?

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#3) On April 08, 2010 at 9:19 AM, alstry (34.93) wrote:

At this point, I am still trying to figure out what is money....I understand what the Fools perceive as money......but the Icelanders perceived their country was booming a few years ago simply on a bubble of debt....you think we are any different???

REMEMBER...ECONOMISTS ALWAYS ASSUME HOUSEHOLD FORMATION WHEN FORECASTING THE FUTURE...ESPECIALLY HOUSING.

BUT HERE IS REALITY:

Study: 1.2 million households lost to recessionAs friends and families double up, ‘overcrowding’ is up fivefold

http://www.msnbc.msn.com/id/36231884/ns/business-eye_on_the_economy/

WHAT WE FACE IN THE FUTURE IS UNLIKE ANYTHING WE HAVE FACED IN THE PAST....IF YOU ARE LOOKING BACKWARDS....YOU ARE LOOKING IN THE WRONG DIRECTION.

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#4) On April 09, 2010 at 8:06 AM, jdlech (< 20) wrote:

What is money?  It's a token of debt.  It's not actual debt; nor any kind of credit, as some would say.  It's just a token - an IOU.  When the Fed (or anybody) produces a token of debt - like writing an IOU, a check, or a coupon, they are creating money.  Even a card swipe is just an electronic IOU until the electronic debt tokens are transferred.

The value of that token is the perception of the debtor's ability to pay.  The problem is; pay in what?  What would we get if we took a $100 bill to the Federal Reserve bank to collect on this debt?

It's a similar story all over the world.

It sounds like you really should look into Technocracy.com or at least pick up their latest "Technological Continental Design" book.  I'm fairly certain the e-version it's still free at their web site.

My description of debt might give one some ideas on creating money - but most money making schemes are either failures or illegal (because they were once so successful as to be deemed 'too successful' to be used by average people)

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