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why me

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  1. People lose confidence and try to withdraw their money. Try being the operative word.
  2. I like this guy too. He's from the same 'depression coming' community http://uk.youtube.com/watch?v=A1mA24yPjaY and another american pyscho http://uk.youtube.com/watch?v=wtQ32bH43dU
  3. If a german bond auction can fail for a few billion I'm sure a UK bond issuance for a few hundred billion could also.
  4. He would seem to have a few credentials - but of course that doesn't prove nowt. http://www.berninger.de/about.html Guess time will tell. I will drag the thread up again end of april
  5. Maybe, but the video has to be taken in context. He's provides a channel which people follow. He knows this - he assumes you are following his videos. I think you should watch the others videos in the channel before declaring it nonesense and without reason.
  6. Not really a positive statement or declaration, often without support or reason I asked if it was unreasonable - because nothing of substance was provided. If a statement if provided with reason in absence - you discern yourself if it has reason or not.
  7. I think he was refering to hyperinflation in the UK only? Is that an unreasonable assertion?
  8. I've been following this guy for a while - he's seems to have his head screwed on. http://uk.youtube.com/watch?v=1gPYgJZfRjQ Surpised me that he said Ireland had frozen deposits of over 20 million? I havent anything about that.
  9. My understaning is this: The bank creates a loan-account because of the loan-agreement. This is your debt - the bank asset (credit extended to you / your liability). The account belongs to the bank and is there for customer use to make payments (which makes sense because sometimes they ask you to provide a customer reference because they need to identify who paid what - if it used by many others). It is the interface between the customer and the bank for making payments and is not measured by M4 because it is an MFI account - but designated for customer use. The bank then creates a deposit (thin air) into your currenct account. This you extending credit to the bank - the bank liability (a debt owed to you / your asset). This account is measured by M4. M4 is a measure of banking liabilities to retail customer (etc etc....)
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