[kj] OT- I couldn't help but to think of the West

[jo]

I quite enjoyed the ride but was a bit disappointed that it didn't hurtle down, savagely at the end.

I reckon that, globally, if everyone refused to pay their mortgages and rent - it'd be a gas!  For no particular political or economic reason just for a laugh.







  This one is gonna be pretty nasty though, I think. The higher it goes, the harder it falls…the NZ sharemarket still hasn’t recovered fully from the 1987 sharemarket crash for example. And they reckon that the markets never really corrected from the dot com crash of 2000 / 01 or whenever it was, the money just moved into other speculative areas (sub prime…). So that one is still waiting to hit properly. This correction is gonna be pretty painful I think (for western economies in particular).

   

  Check this out:

   

  http://www.youtube.com/watch?v=kUldGc06S3U

   


------------------------------------------------------------------------------

  From: gathering-bounces at misera.net [mailto:gathering-bounces at misera.net] On Behalf Of folk devil
  Sent: Saturday, 15 March 2008 2:35 p.m.
  To: A list about all things Killing Joke (the band!)
  Subject: Re: [kj] OT- I couldn't help but to think of the West

   


  I am just referring to the cyclical nature of capitalism.  Each decade has a slump...certain aspects of the 1920s and early 70s were kind of on par with now.
  Don't forget that some individuals are making a shitload on oil right now, the economy will probably get worse next quarter, and these individuals will walk out of the 'office' with a nice fat wad.
   
  Happy, happy, joy, joy...


------------------------------------------------------------------------------

  From: Devacor at aol.com
  Date: Fri, 14 Mar 2008 17:03:15 -0400
  To: gathering at misera.net
  Subject: Re: [kj] OT- I couldn't help but to think of the West




  In a message dated 3/14/2008 5:01:45 P.M. Eastern Daylight Time, folkdevil_23 at hotmail.com writes:

    It's always been there, mate. God bless the capitalist way, hey? :/

  well yes of course its been there, but not in the form and situation that it is now...

   

  Adam Helfer
  President
  Omkara World
  www.Omkara-World.com
  www.Myspace.com/Adamomkara








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