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Topic: Oh crap. I was afraid of this. - page 2. (Read 5998 times)

full member
Activity: 126
Merit: 100
June 26, 2011, 01:21:39 AM
#16
Vastly more people would die from starvation in a massive economic breakdown in Greece than will die as a direct result of climate change in the worst case.  Even if tides rise a full 11 meters like the most extreme estimates claim, that will still take 100+ years to happen.  This kind of thing has been happening to Venice for hundreds of years.  No one is going to drown because they can't manage to escape the rising tides.

Honestly, kids.  Try and keep the global threats in perspective.

ummm... no.

it's the heat, in greece.  not the ocean-level rise.

look into it.
legendary
Activity: 1708
Merit: 1010
June 26, 2011, 12:46:24 AM
#15
Vastly more people would die from starvation in a massive economic breakdown in Greece than will die as a direct result of climate change in the worst case.  Even if tides rise a full 11 meters like the most extreme estimates claim, that will still take 100+ years to happen.  This kind of thing has been happening to Venice for hundreds of years.  No one is going to drown because they can't manage to escape the rising tides.

Honestly, kids.  Try and keep the global threats in perspective.
sr. member
Activity: 313
Merit: 251
Third score
June 26, 2011, 12:38:09 AM
#14


I'm gonna almost feel guilty making so much money off of those poor economic refugees. almost.

Do you have a problem with making people happy? Or at least happier than they will be in their destroyed economy?

< shrug > again.

i don't worry so much about economic refugees.  wherever they go, they have a purpose in doing so, and therefore an intellect that can be dealt with.  but i wouldn't be so sure you're going to make money off them, if i were you - folks like that are usually pretty dedicated to their wealth.

He will, but they will as well. As long as they both remain reasonable in their demands. Abuse and exploit on the other hand lead to dead ends.

what worries me is environmental refugees.  take the greeks - they are a perfect storm:  the worst economy in the EU at the moment, but they are also about to deal with the worst oncoming global warming issues.  it's a nasty combination - and they're not too likely to discuss it over tea...

There's many places in Greece, (and I guess in other countries as well) where you can be really safe from the extreme environmental changes coming. And really, I don't believe the environmental refugees will be that many. I see more people dying because of denial, instead of thinking clearly and taking the steps to save themselves and their loved ones.
full member
Activity: 126
Merit: 100
June 26, 2011, 12:14:25 AM
#13
This will be very good for bitcoin. Maybe not so much for freedom

I'm gonna almost feel guilty making so much money off of those poor economic refugees. almost.

< shrug > again.

i don't worry so much about economic refugees.  wherever they go, they have a purpose in doing so, and therefore an intellect that can be dealt with.  but i wouldn't be so sure you're going to make money off them, if i were you - folks like that are usually pretty dedicated to their wealth.

what worries me is environmental refugees.  take the greeks - they are a perfect storm:  the worst economy in the EU at the moment, but they are also about to deal with the worst oncoming global warming issues.  it's a nasty combination - and they're not too likely to discuss it over tea...
legendary
Activity: 1106
Merit: 1007
Hide your women
June 26, 2011, 12:02:07 AM
#12
This will be very good for bitcoin. Maybe not so much for freedom

I'm gonna almost feel guilty making so much money off of those poor economic refugees. almost.
legendary
Activity: 1148
Merit: 1001
Radix-The Decentralized Finance Protocol
June 25, 2011, 11:57:22 PM
#11
The IMF has a criteria for developed nations and another criteria for undeveloped nations. It has always been this way. They can try to hide it as a change of theories but it is just bullshit.

The IMF is the political hand of the USA and to some degree of their EU allies. Nothing more, nothing less.
full member
Activity: 126
Merit: 100
June 25, 2011, 11:43:57 PM
#10
< shrug >

the europeans have spent centuries having their net worth (in all its forms) claimed by their various governments, in the name of "national assets".

and they have spent centuries shredding those claims, and laws.  i spent a little time myself, 'helping out'.

look into the spanish "impuesto". for example.

as for tradehill's servers being located in chile...

at this point i would have to believe that tradehill's management has mastered the art of bribery (and it is an art) - or they wouldn't still have a functional website.

folks - don't ever get so lost in dogma that you ignore practicalities...
member
Activity: 84
Merit: 10
June 25, 2011, 11:41:00 PM
#9
This will be very good for bitcoin. Maybe not so much for freedom

Yea if there is anyone in greece. Go out protesting and walk around with some sort of sign that refers to bitcoin. Could get lots of exposure if it is picked up by a broadcast by a main stream media outlet.
legendary
Activity: 1106
Merit: 1007
Hide your women
June 25, 2011, 11:20:37 PM
#8
It's worse than I thought!!

The guy who wrote the article (infavor of capital controls) WAS the FINANCE MINISTER OF CHILE!!!

That is where Trade Hill's servers are located!



Fixed.

In the first term of the current socialist leader, BTW.

Thank you. I caught that after re-reading it. Still scary as hell, though.
newbie
Activity: 42
Merit: 0
June 25, 2011, 11:13:11 PM
#7
all of south america is pretty much a giant contest to see who can mooch the most free stuff off everyone else, when talking financial services chile doesnt exactly spring to mind as a great location for it .. wasnt francois markelez from mtHax or whatever talking about a peer 2 peer open source exchange that could put an end to all these scamchanges once and for all?
sr. member
Activity: 490
Merit: 250
June 25, 2011, 11:10:36 PM
#6
It's worse than I thought!!

The guy who wrote the article (infavor of capital controls) WAS the FINANCE MINISTER OF CHILE!!!

That is where Trade Hill's servers are located!



Fixed.

In the first term of the current socialist leader, BTW.
hero member
Activity: 532
Merit: 500
FIAT LIBERTAS RVAT CAELVM
June 25, 2011, 11:10:06 PM
#5
Soo.... How's that BTC over I2P coming?
newbie
Activity: 14
Merit: 0
June 25, 2011, 11:09:36 PM
#4
Does anyone know if they (the EU) already have trigger-happy dogs with cash-sniffing pigs (oopsie, reverse that) partolling the airports and train/bus stations, like in the good ol' USofA?
legendary
Activity: 1106
Merit: 1007
Hide your women
June 25, 2011, 11:07:17 PM
#3
It's worse than I thought!!

The guy who wrote the article (infavor of capital controls) is the FINANCE MINISTER OF CHILE!!!

That is where Trade Hill's servers are located!

full member
Activity: 237
Merit: 100
June 25, 2011, 11:03:45 PM
#2
Good find.  The bought-and-paid-for political class will follow suit.  The question is, would you break the law to preserve your wealth?
legendary
Activity: 1106
Merit: 1007
Hide your women
June 25, 2011, 11:00:06 PM
#1
http://www.smh.com.au/business/economists-shortchange-the-benefits-of-capital-controls-20110624-1gjnb.html

The IMF is sending signals that capital controls are coming in Europe. This is huge and this is bad. Insolvent governments will forcibly prevent their own citizens from sending their money out of the country. The IMF used to categorically condemn this practice as economically unsound and downright tyrannical. Now? not so much.

"The big intellectual change has come from the International Monetary Fund, once an outright enemy of capital controls.

IMF economists have stopped treating the issue as one of good versus evil, and have started treating it as a run-of-the-mill economic choice: capital controls have costs and benefits that can be measured and compared. The IMF now argues that they should be one more tool for prudent policymakers to use as circumstances require."

Time is running out for the Greeks, Italians, Spanish, Irish and Portuguese to protect their assets.  Bitcoin is one way to do so. If your money is locked in a cage by someone else, is it really yours anymore?
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