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World Bank

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In a rush, so apologies if already posted.

http://news.bbc.co.uk/1/hi/business/8066037.stm

The head of the World Bank has warned that the global economic crisis could lead to serious social upheaval.

"If we do no take measures, there is a risk of a serious human and social crisis with very serious political implications," Robert Zoellick said.

Mr Zoellick suggested governments should start preparing for high levels of unemployment.

Interesting stuff.

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Interesting stuff.
.

Somehow I don't think he means an organised transition to a less insane financial system with a more equitiable distribution of risk and reward.

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IMO the main result of this crisis will be the resurgence of Nationalism in Europe,

Particularly in Germany.

But I believe there will also be a powerful backlash in the smaller countries too

The politicians of Europe have lied to the people, sold them down the river

and now a price is going to have to be paid.

:blink:

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Let me see:-

World bank which is hand in glove with IMF itself the main arm of Empire America. "Sadly" empire all out of cash, those ex-commie saterlite contrys are likely to flip back to Russia backing once again.

So, you euro-types had better PRINT just like US/UK or face Riots in your own lands & losing POWER!!!!

Mike

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Let me see:-

World bank which is hand in glove with IMF itself the main arm of Empire America. "Sadly" empire all out of cash, those ex-commie saterlite contrys are likely to flip back to Russia backing once again.

So, you euro-types had better PRINT just like US/UK or face Riots in your own lands & losing POWER!!!!

Mike

But if they print, the German people will demand the return of the Mark

Either way it's Game Over

IMO

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What a guy. :rolleyes:

After leaving government service, Zoellick served from 1993-1997 as an Executive Vice President of Fannie Mae. Afterwards, Zoellick was appointed as the John M. Olin Professor of National Security at the U.S. Naval Academy (1997–1998), Research Scholar at the Belfer Center for Science and International Affairs at the John F. Kennedy School of Government, and Senior International Advisor to Goldman Sachs.

During 1999, Zoellick served on a panel that offered Enron executives briefings on economic and political issues.

Zoellick also serves or has served as a board member for a number of private and public organizations: Alliance Capital, Said Holdings, and the Precursor Group; and as a member of the advisory boards of Enron and Viventures, a venture fund; and a director of the Aspen Institute's Strategy Group.

He has also served on the board of the German Marshall Fund and on the World Wildlife Fund Advisory Council, and was a member of Secretary William Cohen's Defense Policy Board Advisory Committee.

He is a member of the Council on Foreign Relations and the Trilateral Commission. He also attended the annual invitation-only conferences of the Bilderberg Group in 1991, 2003, 2006 and 2007

Zoellick was one of the signatories (who also included Donald Rumsfeld, Paul Wolfowitz, Richard Perle, Elliott Abrams, Zalmay Khalilzad, John R. Bolton, Richard Armitage, and Bill Kristol) of a January 26, 1998 letter to President Bill Clinton drafted by the Project for the New American Century calling for "removing Saddam [Hussein]'s regime from power."

Edited by MOP

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People are waking up that we are all debt slaves to the rich.

With the levels of information and communication is it any surprise that the populace is waking up and is angry.

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IMO the main result of this crisis will be the resurgence of Nationalism in Europe,

Particularly in Germany.

But I believe there will also be a powerful backlash in the smaller countries too

The politicians of Europe have lied to the people, sold them down the river

and now a price is going to have to be paid.

:blink:

Why Germany?

Last week 30 miles West of me refinery workers went on strike over the hiring of Polish workers. As a British born son of a Welsh and Polish couple - my Father having fought in WW2 with the 'Free Poles' - I felt decidedly uneasy watching those 'protests' on the news.

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IMO the main result of this crisis will be the resurgence of Nationalism in Europe,

Particularly in Germany.

But I believe there will also be a powerful backlash in the smaller countries too

The politicians of Europe have lied to the people, sold them down the river

and now a price is going to have to be paid.

:blink:

No disrespect, but you don't have a clue. Not saying I have much of a clue either, but living in Germany, I can tell you, they are a lot less nationalistic that many other European countries. The lessons here have been well learned. Most Germans will tell you they are proud to be German and proud of the changes of the last 60 years but that they are not nationalistic. Nationalism is regarded negatively in Germany. Of the Countries I have lived in (Ireland, Scotland, England, Spain(Andalucia, Basque country), France, Germany, US, Canada) I would have to say Germany is the least nationalistic. Nationalism seems to be inversely proportional to lack of esteem/perceived lack of status/persecution/insecurity, whereas Germans are generally a happy, secure lot without chips on the shoulder. Of course, This is only my personal opinion based on my observations but you are quite welcome to put me to rights!

spelling

Edited by carbonoid

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Politicians have abused the trust placed in them

Bankers have shown the damage than can be caused by greed.

Society has more to gain by disorder than the current farcical system

bring on the unrest, it's OUR responsibility to ensure it happens

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Guest vicmac64

Strange that a Bank should make such a comment - this is the preserve of politics - and yet here is the World Bank no less making such a bold comment......!!!

WHO OWNS THE WORLD BANK??

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Why Germany?

Last week 30 miles West of me refinery workers went on strike over the hiring of Polish workers. As a British born son of a Welsh and Polish couple - my Father having fought in WW2 with the 'Free Poles' - I felt decidedly uneasy watching those 'protests' on the news.

Pretty simple. Just people protecting their own livelihoods before they are removed.

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Guest vicmac64

Oh no - the conspiracy theorists were right - absolutely SPOT ON RIGHT - and they still are.

There a conspiracy to bring down our democratic rights and our British Nation - it is being propelled by TREASONABLE GLOBALISM.

.

Somehow I don't think he means an organised transition to a less insane financial system with a more equitiable distribution of risk and reward.

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Guest มร หล&#3
And so there should be social unrest.

Something badly wrong if there isn't.

And so it was Fudge's avatar finally happened . . . again.

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I overheard somebody say about the G20 protest.

"Its just mob rule".

Much better to have the bankers and political class parasites bleeding the country to death.

They are just so much better behaved about it.

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Why Germany?

Last week 30 miles West of me refinery workers went on strike over the hiring of Polish workers. As a British born son of a Welsh and Polish couple - my Father having fought in WW2 with the 'Free Poles' - I felt decidedly uneasy watching those 'protests' on the news.

Because their politicians persuaded them to give up the strongest currency in Europe for toilet paper with Euro printed on it.

Now the German people are begining to realise that they have been conned and that the Eurozone miracle economy was just a gigantic Ponzi scheme.

The rest of Europe is now expecting German tax payers to get their basket case economies out of the Cr*p, but it isn't going to happen IMO.

I think Germany is particularly vulnerable to Nationalism because half the country are ex-communist and as in Yugoslavia, communism/socialism and nationalism are a powerful combination.

We are at about 1931, I don't think that there will be a war in Europe, but things are going to get very ugly IMO.

:blink:

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Nationalism is the opposite of Globalism and for sure there is going to be a huge backlash of anti globalism as people realise that the Globalists are responsible for breaking the economies of the West.

As a result of their greed national security is now at risk. The public are now teetering on the edge of going onto the streets and rioting. Only our social security system of generous benefits are stopping people from rebelling.

When the tax revenue falls, and social security payments are withdrawn the Labour Party will be presiding over a nation of civil unrest, riots, refusal to respect the law, and a complete breakdown of society.

Lets all remember it was Labour that took the nation to such depths of depravity, and it is they who should pay the price for their contempt of the British Working Classes.

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IMO the main result of this crisis will be the resurgence of Nationalism in Europe,

Particularly in Germany.

But I believe there will also be a powerful backlash in the smaller countries too

The politicians of Europe have lied to the people, sold them down the river

and now a price is going to have to be paid.

:blink:

I've spoken to a couple of people recently and it's also happening in Britain. Watch out for the BNP vote in the Euro elections. I wouldn't be surprised if they get 15-20% of the vote.

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Because their politicians persuaded them to give up the strongest currency in Europe for toilet paper with Euro printed on it.

Now the German people are begining to realise that they have been conned and that the Eurozone miracle economy was just a gigantic Ponzi scheme.

The rest of Europe is now expecting German tax payers to get their basket case economies out of the Cr*p, but it isn't going to happen IMO.

I think Germany is particularly vulnerable to Nationalism because half the country are ex-communist and as in Yugoslavia, communism/socialism and nationalism are a powerful combination.

We are at about 1931, I don't think that there will be a war in Europe, but things are going to get very ugly IMO.

:blink:

I am a fibre splurge last week and ate all my tinned baked beans and lentil soup. All I have left now are fish fingers and the power has just gone off!

My stools are firm though :blink::unsure::unsure::blink:

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