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Forums - General - Poll:When will the banking system collapse?

 

When will it come down?

2012 17 31.48%
 
2013 14 25.93%
 
2014 9 16.67%
 
2015 14 25.93%
 
Total:54

The international Banking system will never collapse entirely. The US might and the EU may as well but the whole worlds banking systems will never collapse.

Essentially I expect the US banking system to fall apart during the next President's terms in office either within his first term or second. This will happen because the US will reach its debt ceiling and it will be forced to pay back its debts. The only way the US can pay back its debts is by reducing spending, increasing taxes and making drastic changes the American people will not accept! I think once the country begins to go bankrupt that American people will panic and start withdrawing money fast. The countries economic centers will begin to see investments disappear as people try to protect their money. This will no doubt lead to financial troubles for the American banks. If America defaults on its loans the whole system will collapse without a doubt. The US Banking system is a ticking time bomb if the US Government doesn't take action to get out of debt and the banks don't stop frivolous and unnecessary expenditures!

The EU banking system, I think there is a 75% chance that the EuroZone's banks will collapse. Its a matter of when and if the international community allows. The EU has already proven they are incapable of handling their financial problems themselves, reports a few days ago indicate the EU is turning to China to help bail them out. If Greece goes down so will its banks, when Greeces banks go down the EU banks operating in Greece will take substantial hits. The EU banks are already forgiving like 50% of greek debt, but if the whole country collapses the banks will take a heavy blow. But its the chain reaction that will cause the banking system to collapse. As soon as Greece collapses Italian's will rush to withdraw money and pull investments, the Italian banks effected by the greek crisis will then collapse under the pressure as the Italian economy collapses. After Italy , Spain is likely to take a blow collapsing shortly after Italy. But with these three countries the rest of the EU's banks will be brought to their knees. Foreign banks will need to intervene to save the banking system in the Eurozone.

In the end the Eurozone banks will likely collapse as will the US banks. But other countries have very good banks and some wealthier countries will likely rescue some of the key financial institutions. Canada's banks for example are considered some of the strongest in the world. Canada has also fared very well in this financial crisis I would bet Canadian banks will help in some form likely acquiring weak banks or setting up more outlets in foreign countries. In the end the banking Crisis will drag the global economy into the shitter but the banking system will not collapse entirely.

I expect this financial crisis to end with the Euro being scrapped. Once the Eurozone collapses the wealthier European countries will be saved and they will do everything they can to protect their financial well being. China will also likely take over a large amount of banks and as we see right now with the help they are being asked to give the Eurozone knows that Chinese are their best chance at saving a flawed Eurozone!



-JC7

"In God We Trust - In Games We Play " - Joel Reimer

 

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snakenobi said:
NobleTeam360 said:
snakenobi said:
PureDante said:
At one point, there's going to be so much debt, that we'll just be forced to "forget about it."


yeah andyou think countries like JAPAN,CHINA,RUSSIA which are holding US debt will be very happy with that,lol

Russia has a nuclear arsenal of 20-30k nukes

JAPAN will surely want its hiroshima revenge and china will dominate the world

 

though all this will not happen as they know this is the plan of the world bankers for them to fight.

We are closing in on the destruction of world bankers and their interests


And the United States has enough Nukes to destroy all three of those countries 10x over.


no it doesn't

US has around 10-15k nukes

Russia can rape USA

 

but they won't cause they know the international bankers want that to happen,World War 2 is a perfect example.

Thats why people are rising up

 

they want to start a world war 3 by going to war with iran

Are you serious? you think 15k nukes isn't enough to destroy those nations and then some? As soon as the USA detects a missile coming from any country towards us we will automatically launch nukes at that counrty why do you think nobody has ever drop a nuke since WW2? because if they did they would get blown off the face of the earth. 



Rath said:
Marks said:
snakenobi said:
Marks said:
At the rate we're going with the Fed printing more money every day, and stupid gov't regulations it won't be too much longer.

If Ron Paul gets elected in 2012 that should save the US Economy as he'll shut down the Fed and probably get rid of many of the regulations that are hurting banks.


the entire world is dependent on it


I'm not sure if you're exaggerating or not. Would it actually effect the rest of the world that much if the US fixes its banking system (i.e. shuts down the fed and removes harmful regulations) and stops the ridiculous inflation and all the other negative effects?

Removing regulations will not fix the banking system, it will simply allow more recklessness from banks and has more potential for disaster. Removing regulation increases the risk of banks collapsing.

you are wrong

 

by putting regulation a bank gets comfotable and think if they will fall will be bailed out which is corporatism

 

capitalism will make banks stand on their toes so they will not commit wrong practices



NobleTeam360 said:
snakenobi said:
NobleTeam360 said:
snakenobi said:
PureDante said:
At one point, there's going to be so much debt, that we'll just be forced to "forget about it."


yeah andyou think countries like JAPAN,CHINA,RUSSIA which are holding US debt will be very happy with that,lol

Russia has a nuclear arsenal of 20-30k nukes

JAPAN will surely want its hiroshima revenge and china will dominate the world

 

though all this will not happen as they know this is the plan of the world bankers for them to fight.

We are closing in on the destruction of world bankers and their interests


And the United States has enough Nukes to destroy all three of those countries 10x over.


no it doesn't

US has around 10-15k nukes

Russia can rape USA

 

but they won't cause they know the international bankers want that to happen,World War 2 is a perfect example.

Thats why people are rising up

 

they want to start a world war 3 by going to war with iran

Are you serious? you think 15k nukes isn't enough to destroy those nations and then some? As soon as the USA detects a missile coming from any country towards us we will automatically launch nukes at that counrty why do you think nobody has ever drop a nuke since WW2? because if they did they would get blown off the face of the earth. 

lmao

u are thinking this is video gaming and strategy terms aren't you?

you have a alot of reseatch to do

 

China and russia know that US is gonna default if nothing major happens,they have been preparing for this for a long long time as they know the war is what the elite bankers want to happen

 

Russia had close 20-30k nukes a few years ago,they can finish america.even in the cold war Russia had far more nukes than USA.

and russia has many more counter nukes to USA too

 

they will not fire even as US has done so bad to the world under their zionist thinking.they will wait untill bankers and their zionist trades are exposed

 

why do you think JFK was killed?

he passed an order to end the fed so did many other people but they were all killed

 



Joelcool7 said:

The international Banking system will never collapse entirely. The US might and the EU may as well but the whole worlds banking systems will never collapse.

Essentially I expect the US banking system to fall apart during the next President's terms in office either within his first term or second. This will happen because the US will reach its debt ceiling and it will be forced to pay back its debts. The only way the US can pay back its debts is by reducing spending, increasing taxes and making drastic changes the American people will not accept! I think once the country begins to go bankrupt that American people will panic and start withdrawing money fast. The countries economic centers will begin to see investments disappear as people try to protect their money. This will no doubt lead to financial troubles for the American banks. If America defaults on its loans the whole system will collapse without a doubt. The US Banking system is a ticking time bomb if the US Government doesn't take action to get out of debt and the banks don't stop frivolous and unnecessary expenditures!

The EU banking system, I think there is a 75% chance that the EuroZone's banks will collapse. Its a matter of when and if the international community allows. The EU has already proven they are incapable of handling their financial problems themselves, reports a few days ago indicate the EU is turning to China to help bail them out. If Greece goes down so will its banks, when Greeces banks go down the EU banks operating in Greece will take substantial hits. The EU banks are already forgiving like 50% of greek debt, but if the whole country collapses the banks will take a heavy blow. But its the chain reaction that will cause the banking system to collapse. As soon as Greece collapses Italian's will rush to withdraw money and pull investments, the Italian banks effected by the greek crisis will then collapse under the pressure as the Italian economy collapses. After Italy , Spain is likely to take a blow collapsing shortly after Italy. But with these three countries the rest of the EU's banks will be brought to their knees. Foreign banks will need to intervene to save the banking system in the Eurozone.

In the end the Eurozone banks will likely collapse as will the US banks. But other countries have very good banks and some wealthier countries will likely rescue some of the key financial institutions. Canada's banks for example are considered some of the strongest in the world. Canada has also fared very well in this financial crisis I would bet Canadian banks will help in some form likely acquiring weak banks or setting up more outlets in foreign countries. In the end the banking Crisis will drag the global economy into the shitter but the banking system will not collapse entirely.

I expect this financial crisis to end with the Euro being scrapped. Once the Eurozone collapses the wealthier European countries will be saved and they will do everything they can to protect their financial well being. China will also likely take over a large amount of banks and as we see right now with the help they are being asked to give the Eurozone knows that Chinese are their best chance at saving a flawed Eurozone!

yeah i acutally meant the west's banking fraud though it will effect everybody in the world

though you don't speak about the social aspect in what will happen on the streets

 

international bankers are trying to make a global currecy which china and russia won't accept so wars will happen most likely

 

americans and europe might bow down to this global currency cause it will provide them credit but china and russia and india which have been the countries with poor people working harder will never join this cause their currency will appreciate and west will have to live shitty poor lives



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snakenobi said:
Rath said:

Removing regulations will not fix the banking system, it will simply allow more recklessness from banks and has more potential for disaster. Removing regulation increases the risk of banks collapsing.

you are wrong

 

by putting regulation a bank gets comfotable and think if they will fall will be bailed out which is corporatism

 

capitalism will make banks stand on their toes so they will not commit wrong practices

Bailouts are completely seperate from regulation and should be discussed seperately.

Capitalism encourages risk taking in order to return larger profits, regulation is simply making it against the rules to take certain risks. This reduces profits but increases stability.



Just wait until our permanently near-crisis system mix with unsustainable social benefits (namely retirement plans and the like) a few decades from now.



 

 

 

 

 

kowenicki said:
snakenobi said:
kowenicki said:
Where is the option for "it won't". Don't confuse broken over spending and frankly lazy/corrupt states with he global banking system.

There are some absolutely ridiculous comments in here, very naive. Nobody gains from a banking collapse. Their would be anarchy on a massive scale.


nobody gains?

the cash pileup these bankers have made up,the day system collapses,they will buy it out and then profit from it over the years

study what happened in history

 

1916 it happened,1929,it happened during Napoleonic wars,etc

Rothschild bought 80% of Great Britain by creating rumors and making the system collapse.they are also 80% owners of israel land

 

even i though all this was conspiracy and naive but research a bit and ur eyes will open up


I like the ironic use of the word naive.


and u jst proved it again by nitpicking rather than researching.



Rath said:
snakenobi said:
Rath said:
 

Removing regulations will not fix the banking system, it will simply allow more recklessness from banks and has more potential for disaster. Removing regulation increases the risk of banks collapsing.

you are wrong

 

by putting regulation a bank gets comfotable and think if they will fall will be bailed out which is corporatism

 

capitalism will make banks stand on their toes so they will not commit wrong practices

Bailouts are completely seperate from regulation and should be discussed seperately.

Capitalism encourages risk taking in order to return larger profits, regulation is simply making it against the rules to take certain risks. This reduces profits but increases stability.

yeah thats what i meant

now they have a different kind of gorvenment that is trying to regulation banks not to take risk and promote socialism



Rath said:
snakenobi said:
Rath said:
 

Removing regulations will not fix the banking system, it will simply allow more recklessness from banks and has more potential for disaster. Removing regulation increases the risk of banks collapsing.

you are wrong

 

by putting regulation a bank gets comfotable and think if they will fall will be bailed out which is corporatism

 

capitalism will make banks stand on their toes so they will not commit wrong practices

Bailouts are completely seperate from regulation and should be discussed seperately.

Capitalism encourages risk taking in order to return larger profits, regulation is simply making it against the rules to take certain risks. This reduces profits but increases stability.

In an ideal system that is what regulation is ...

A large portion of existing regulations are in place to protect the interests of the well connected, to appease special interest groups or appeal to important voting blocks, or to give the politician the ability to claim that they're standing for something. When you have federal, state/provincial, and municipal regulators each enforcing meaningless and often contradictory regulations, the regulations can represent a substantial burden on business while offering little in the way of benefit to businesses.