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Bankers At Davos Plan To Push The "Reset" Button On The World Economy, Says WEF Founder!?!?!

 
Saddletramp
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Bankers At Davos Plan To Push The "Reset" Button On The World Economy, Says WEF Founder!?!?!
Watch out, it's coming...

SNIP

It's time to press the "reset" button on the world, the founder of the World Economic Forum said Wednesday, addressing media ahead of the WEF's much ballyhooed annual meeting in Davos-Klosters, Switzerland, that gets underway in a week's time.

"The world is complex, it's fast-moving, it's interconnected, and we in Davos want to provide a mirror to the world as it is. It is not a meeting devoted to one set of issues. It's a meeting that address the complexity of our world," said Klaus Schwab, the WEF's founder and executive chairman.

Schwab was speaking as part of efforts to showcase the upcoming yearly jamboree for the global political and corporate elite that has as its core aim an ambition no less lofty than to foster an environment where the myriad problems and challenges facing the world in 2014 can be tackled head on.

The confab officially kicks off on Jan. 22 and runs through Jan. 25. USA TODAY will publish a more in-depth preview of the event in the days running up to the meeting.

But speaking to journalists Wednesday, Schwab said: "We need to push the reset button. The world is still much too much caught in a crisis-management mode. We should look at our future in a much more constructive and strategic way. That is what Davos is about." He added that Davos is a unique forum because, "There is no place in the world where so many stakeholders of our global future assemble, all united by the mission of improving the state of the world."


[link to www.usatoday.com]

Last Edited by Saddletramp on 01/20/2014 06:58 PM
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Saddletramp  (OP)

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Re: Bankers At Davos Plan To Push The "Reset" Button On The World Economy, Says WEF Founder!?!?!
Thread: 1/16/2014 Head of INTERNATIONAL MONETARY FUND Lagarde to talk about world economy..SHE IS THE ONE PUSHING FOR GLOBAL CURRENCY RESET


"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Saddletramp  (OP)

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Re: Bankers At Davos Plan To Push The "Reset" Button On The World Economy, Says WEF Founder!?!?!
Been discussing this since May, but now it's coming out into daylight, so watch your backs...

Thread: The Grand Finale Pt. I: Here Is What Is About To Happen To You...An Economic Love Story, or Fifty Shades of Green?

Thread: The Grand Finale Pt. II: Behind The Green Door...
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Saddletramp  (OP)

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Re: Bankers At Davos Plan To Push The "Reset" Button On The World Economy, Says WEF Founder!?!?!


Listen to Lagarde's numerology breakdown at the beginning of her speech...if that's not a signal, I don't know what is!!!
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Saddletramp  (OP)

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Re: Bankers At Davos Plan To Push The "Reset" Button On The World Economy, Says WEF Founder!?!?!
Once they begin talking about it openly, it means it's already been agreed too, now they're just trying to get you used to the idea...



Last Edited by Saddletramp on 01/20/2014 06:55 PM
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Anonymous Coward
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Re: Bankers At Davos Plan To Push The "Reset" Button On The World Economy, Says WEF Founder!?!?!
the cloud of rumors is getting THICKER! the big bankers are playing some very Dangerous games.
Saddletramp  (OP)

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Re: Bankers At Davos Plan To Push The "Reset" Button On The World Economy, Says WEF Founder!?!?!
the cloud of rumors is getting THICKER! the big bankers are playing some very Dangerous games.
 Quoting: Anonymous Coward 50081439


jay
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Saddletramp  (OP)

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Re: Bankers At Davos Plan To Push The "Reset" Button On The World Economy, Says WEF Founder!?!?!
:Gold_Inv2014:
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Anonymous Coward
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01/20/2014 07:02 PM
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Re: Bankers At Davos Plan To Push The "Reset" Button On The World Economy, Says WEF Founder!?!?!
WHY is this necessary?? After all, it's a recovery!
Anonymous Coward
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01/20/2014 07:05 PM
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Re: Bankers At Davos Plan To Push The "Reset" Button On The World Economy, Says WEF Founder!?!?!
reality bump
Anonymous Coward
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Re: Bankers At Davos Plan To Push The "Reset" Button On The World Economy, Says WEF Founder!?!?!
bump
Anonymous Coward
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Re: Bankers At Davos Plan To Push The "Reset" Button On The World Economy, Says WEF Founder!?!?!
bump
Sikhed

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Re: Bankers At Davos Plan To Push The "Reset" Button On The World Economy, Says WEF Founder!?!?!
Why would the world bankers hit the "re-set" button?
That would spell financial doom for them too.

:button1:
:doom360:
Anonymous Coward
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Re: Bankers At Davos Plan To Push The "Reset" Button On The World Economy, Says WEF Founder!?!?!
black swan comin soon to provide the necessary support from all the minions around the world...
Timin?
Ideas?
Saddletramp  (OP)

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Re: Bankers At Davos Plan To Push The "Reset" Button On The World Economy, Says WEF Founder!?!?!
Why would the world bankers hit the "re-set" button?
That would spell financial doom for them too.

:button1:
 Quoting: Sikhed


They own 90% of the hard assets that will be used to re-back the world's fiat currencies...

Doom off for them...

Besides, it doesn't matter if it's going up, or if it's going down...someone is making money, someone is losing money...

Last Edited by Saddletramp on 01/20/2014 07:17 PM
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Saddletramp  (OP)

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Re: Bankers At Davos Plan To Push The "Reset" Button On The World Economy, Says WEF Founder!?!?!
Thanks for the pin...

hf
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Black Unit

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01/20/2014 07:17 PM

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Re: Bankers At Davos Plan To Push The "Reset" Button On The World Economy, Says WEF Founder!?!?!
I say do it. What are the down sides? After all its a reset for us too.

Last Edited by Black Unit on 01/20/2014 07:18 PM
Saddletramp  (OP)

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Re: Bankers At Davos Plan To Push The "Reset" Button On The World Economy, Says WEF Founder!?!?!
I say do it. What are the down sides?
 Quoting: Black Unit


Since most people's assets are in the form of their house and a retirement account, about a 30 to 60% hit to their net worth...

AND, there's no way wages will keep up with the devaluation of currency or the run away interest rates that follow...
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Manu-K

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Re: Bankers At Davos Plan To Push The "Reset" Button On The World Economy, Says WEF Founder!?!?!
They'll reset the system, but be sure they won't do it for free. They will have conditions, the most important being that a world bank and a world currency are implemented.
Banned as usual.

“It is far easier to be a weakling than to be a Real Man. Were the Earth less harsh or the circumstances of life less austere, man would destroy himself before the shrine of the languid goddess. Only Real Men can with safety destroy the tangled forests and wilderness of Earth and make from them gardens, but will those who inherit the gardens be Real Men? The law decrees that they must be, or the wilderness will reclaim its own.”
Ostria1

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Re: Bankers At Davos Plan To Push The "Reset" Button On The World Economy, Says WEF Founder!?!?!
Why would the world bankers hit the "re-set" button?
That would spell financial doom for them too.

:button1:
 Quoting: Sikhed


maybe the doom is here and they cant hide it any more
Ostria
Saddletramp  (OP)

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Re: Bankers At Davos Plan To Push The "Reset" Button On The World Economy, Says WEF Founder!?!?!
WHY is this necessary?? After all, it's a recovery!
 Quoting: Anonymous Coward 5282148


It's a bubble with no corresponding economic expansion, meaning it's a naked bubble that will pop with the sound of thunder...
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Black Unit

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01/20/2014 07:21 PM

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Re: Bankers At Davos Plan To Push The "Reset" Button On The World Economy, Says WEF Founder!?!?!
I say do it. What are the down sides?
 Quoting: Black Unit


Since most people's assets are in the form of their house and a retirement account, about a 30 to 60% hit to their net worth...

AND, there's no way wages will keep up with the devaluation of currency or the run away interest rates that follow...
 Quoting: Saddletramp


Ahh yes didn't think about wages but really the ones who would take the worst hit are those with little or no debt.
Black Unit

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Re: Bankers At Davos Plan To Push The "Reset" Button On The World Economy, Says WEF Founder!?!?!
Sorry double post

Last Edited by Black Unit on 01/20/2014 07:22 PM
Saddletramp  (OP)

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Re: Bankers At Davos Plan To Push The "Reset" Button On The World Economy, Says WEF Founder!?!?!
They'll reset the system, but be sure they won't do it for free. They will have conditions, the most important being that a world bank and a world currency are implemented.
 Quoting: Manu-K


I believe from my research they have scrapped the "World Currency" idea, per say...

I believe they will leave the National Currencies in place, and instead they will back them with that Nations assets (which will be pledged to their central bank), then all currencies will be pegged together, and monetary expansion will be strictly controlled by a World Bank, most likely the IMF or BIS.

In exchange for joining into this agreement, and pledging their national assets to their central bank, nations will have their debts reduced by 50 to 75%, unfortunately for the people that nations currency will be devalued in a corresponding manner.

It will essentially be a world currency, but you'll still have your same ol' dollar...

Last Edited by Saddletramp on 01/20/2014 07:25 PM
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Nickadeemus

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01/20/2014 07:24 PM
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Re: Bankers At Davos Plan To Push The "Reset" Button On The World Economy, Says WEF Founder!?!?!
ST,
Have been back here in the janitors closet admiring your work from afar. You're certainly on the level. Thanks for all the heads up, as well as top shelf learning materials. The obvious question is, "what's your take on time-frame?". Thanks again.

Nick@
sword 2

Last Edited by Nickadeemus on 01/20/2014 07:24 PM
Pure Life; Get it on...
Saddletramp  (OP)

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Re: Bankers At Davos Plan To Push The "Reset" Button On The World Economy, Says WEF Founder!?!?!
I say do it. What are the down sides?
 Quoting: Black Unit


Since most people's assets are in the form of their house and a retirement account, about a 30 to 60% hit to their net worth...

AND, there's no way wages will keep up with the devaluation of currency or the run away interest rates that follow...
 Quoting: Saddletramp


Ahh yes didn't think about wages but really the ones who would take the worst hit are those with little or no debt.
 Quoting: Black Unit


Well maybe, until you factor in interest rates...that's the kicker!
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Anonymous Coward
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01/20/2014 07:26 PM
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Re: Bankers At Davos Plan To Push The "Reset" Button On The World Economy, Says WEF Founder!?!?!
Why would the world bankers hit the "re-set" button?
That would spell financial doom for them too.

:button1:
 Quoting: Sikhed


maybe the doom is here and they cant hide it any more
 Quoting: Ostria1


^ Indeed it IS Here Right NOW!
Anonymous Coward
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Re: Bankers At Davos Plan To Push The "Reset" Button On The World Economy, Says WEF Founder!?!?!
Periods of boom... followed by bust... are created on purpose.


The Purpose: to get targeted item(s) for pennies on the dollar.... after the bust.
Saddletramp  (OP)

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01/20/2014 07:28 PM
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Re: Bankers At Davos Plan To Push The "Reset" Button On The World Economy, Says WEF Founder!?!?!
ST,
Have been back here in the janitors closet admiring your work from afar. You're certainly on the level. Thanks for all the heads up, as well as top shelf learning materials. The obvious question is, "what's your take on time-frame?". Thanks again.

Nick@
sword 2
 Quoting: Nickadeemus


I think the next Economic Collapse is at our doorstep, it could literally happen in days, weeks, or months (on the outside edge of the time frame).

However, the currency reset will only happen once the Economic Collapse has gotten bad enough that people are literally begging for a solution, that could be years in the making...

So for the Currency Reset, there's little to no way to call and exact time frame on that...
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Uncle Fuck Stick

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01/20/2014 07:29 PM
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Re: Bankers At Davos Plan To Push The "Reset" Button On The World Economy, Says WEF Founder!?!?!
Everybody hates to hear it BUT IN EARLY DECEMBER LINDSY FUCKIN WILLIAMS SAID GLOBAL CURRENCY RESET IN 90 DAYS
:4hlick:
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Re: Bankers At Davos Plan To Push The "Reset" Button On The World Economy, Says WEF Founder!?!?!
doesn't get any more in-your-face than this folks....





GLP