NSC DECIDES - the US Presidential election

[Nibble]

that's the most stupid (of a long line of stupid things) that you've posted today.

for a chap who obviously has a modicum of intelligence, even if you strive very hard to convince us otherwise, this latest expose of yours, namely that banks run governments, is the best of the lot.

i can tell you from first hand knowledge that it is absolute garbage

First hand knowledge? Run a bank do you, I don't mean trade in the lower echelons of high street banks I mean a global , private bank that funds countries?

 

[aftershavedave]

I know exactly howe the banking system works and doesn't work

and where did you gain this valuable experience nibble?

 

[aftershavedave]

First hand knowledge? Run a bank do you, I don't mean trade in the lower echelons of high street banks I mean a global , private bank that funds countries?

yes, i have run a bank thank you.

and yes a "global private bank that funds countries" (the last part of which is clearly nonsense, because banks do not fund countries.

 

[Lokki 7]

I know exactly howe the banking system works and doesn't work.

No you do not. And if you truly believe that you do, you are not only incredibly arrogant but even more stupid than you sound.

 

[Nibble]

and where did you gain this valuable experience nibble?

It's not hard to know this. i will impart this amazingly complex and hard to understand concept to you once last time.

Banks loan money that doesn't exist to people and charge them interest on it.

That is all they do. Nothing more nothing less. what they do with the money they make is a differant subject) They don't keep yopur money safe, they don't secure a future. All the jargon and surrounding fluff of bank language is nonsense and overblown.

 

[sten_super]

No. The alternative I suggested was outright rubbished. The problem people like you have is that you have bought into the over complication of the banking system. It is all far simpler than banks would have you believe.

The alternative you presented had no depth to it; there was no explanation of what motivated the whole system. At the moment, the banking system is driven by persuit of profits. I put my money in the bank because they will (generally) give me an interest rate above the rate of inflation. The bank lend that out at a still higher rate to create their profit, the recipient then lends it out at a higher rate again, and so on.

I have not necessarily bought into anything. But I want some proof, or a reasonably believable proposition, that any alternative system would work. As it stands the model you presented wouldn't, or at least I have no reason to believe that it would.

But then, it's far easier for you to portray us all as 'mugs' for not buying into your vision, than to explain it, isn't it?

 

[tedebear]

I know exactly howe the banking system works and doesn't work.

Anyway - carry on. This is exactly how banks get away with quite literally murder.

I'm honestly not quite sure you do understand.

Having worked for several banks now, and having once been married to an exceptionally high paid banker I find your statement that he or I or any of my colleagues are theives, are corrupt or could influence the government. Very odd thinking indeed...

 

[Lokki 7]

yes, i have run a bank thank you.

I can second this statement as fact and not NSC bollocks.

 

[Nibble]

yes, i have run a bank thank you.

and yes a "global private bank that funds countries" (the last part of which is clearly nonsense, because banks do not fund countries.

You may think you have run a bank. But I doubt you have. I seriously doubt you were privvy to the murkier side of global banking.

 

[Nibble]

The alternative you presented had no depth to it; there was no explanation of what motivated the whole system. At the moment, the banking system is driven by persuit of profits. I put my money in the bank because they will (generally) give me an interest rate above the rate of inflation. The bank lend that out at a still higher rate to create their profit, the recipient then lends it out at a higher rate again, and so on.

I have not necessarily bought into anything. But I want some proof, or a reasonably believable proposition, that any alternative system would work. As it stands the model you presented wouldn't, or at least I have no reason to believe that it would.

But then, it's far easier for you to portray us all as 'mugs' for not buying into your vision, than to explain it, isn't it?

But this system doesn't work either. Do you have access to a telly?

Jebus. What is the point?

 

[aftershavedave]

You may think you have run a bank. But I doubt you have. I seriously doubt you were privvy to the murkier side of global banking.

even better! i was a puppet!

please nibble, climb off that soapbox please, you sound a fool

 

[Kylies Stunt Arse]

You may think you have run a bank. But I doubt you have. I seriously doubt you were privvy to the murkier side of global banking.

As with pretty much everything else you've posted on this thread you've embarrassed yourself there. Your simplistic view is just that, simplistic. If you had any experience at all in the banking sector you'd know that. Keep banging on without giving any substance to your vision though. It can't make you look any more of a twat really.

 

[tedebear]

You may think you have run a bank. But I doubt you have. I seriously doubt you were privvy to the murkier side of global banking.

And you have been?

 

[Nibble]

I'm honestly not quite sure you do understand.

Having worked for several banks now, and having once been married to an exceptionally high paid banker I find your statement that he or I or any of my colleagues are theives, are corrupt or could influence the government. Very odd thinking indeed...

I wouldn't suggest for a second that at the level you or your ex worked at you were in any way theives or corrupt.

 

[Lokki 7]

nibble, climb off that soapbox please, you sound a fool

I can second this statement as NSC FACT.

 

[Nibble]

And you have been?

yes

 

[tedebear]

yes

In what way?

 

[bhaexpress]

I reckon the Nibble is trying to become the number one NSC attention seeker, can't see any other reason for him posting such drivel.

 

[Kylies Stunt Arse]

But this system doesn't work either. Do you have access to a telly?

Jebus. What is the point?

The system has failed to a degree not because of the system itself, and not because of any supposed evils of interest, but because of exploitation of regulation and poor senior management biting off far more than they can chew. It is also not helped by propaganda merchants worrying ordinary punters into thinking that their money is going to be lost, a la Northern Rock. That causes a run on banks and impacts the economy as a whole. The biggest problem with Northern Rock was that they had their business ratio all wrong by not encouraging as much saving as it was lending.

 

[Rusthall Seagull]

I can second this statement as fact and not NSC bollocks.

is that because you also 'married a high paid banker' ...........?