[worrier]

What suggestions would people have for fixing the world financial system, this is under the fantasy scenario that peak oil and global warming wasn't happening. Someone on another thread thought gold wouldn't work anymore as a back up for paper (or electronic) money. So what would work?

Keep in mind that some of us, (like me) are financial ignoramuses and need the simple version.

[joeltrout]

Whats the point?

joeltrout

[errorist]

Guns.

[Jack]

The only way to keep it going without pain is to maintain perpetual exponential growth.

Failing that, the various poor decisions - from social programs based on flawed assumptions to mountains of derivatives - will surely implode.

[pup55]

$this->bbcode_second_pass_quote('', 'W')hat suggestions would people have for fixing the world financial system

[cowuvula]

iT IS ILLEGAL TO SELL ANYTHING, THINGS CAN ONLY BE GIVEN AWAY FREELY

THAT WOULD SOLVE ALL PROBLEMS

THE SELFISH WOULD DIE
WHY AM I TYPING IN CAPS


CAPS LOCK ON, SHEESH.
there.

[phaster]

Fantasy eh?

well here goes invent biological organism that puts lazy, poor, stupid, physically unattractive, greedy, pious religious zealots (basically traits I dislike in people), into a coma.

then I'd gather all the dead wood so to speak (in other words the people in a coma), and stick them in my second invention (inspired by the first matrix movie), which would be an self assembeling machine system that uses people that have unappealing human traits as batteries.

This should eliminate more than 9/10 of humanity that does not have a back ground similar to mine, basically rich, good looking, educated individuals with a math and science background, with a deep interest in economics (basically the Austrian School), who has read both the bible and koran and is familiar with other religious texts, and does not find it below their diginity to physical labor, knows how to invest and get average returns of 30% per year over long periods of time (say 10 years or more, so it can't be said that above annual returns were a statistical fluke). Basically my fantasy scenario for fixing world financial system, would be for people to have my super genius mental outlook and ability.....

[Kaj]

$this->bbcode_second_pass_quote('Jack', 'T')he only way to keep it going without pain is to maintain perpetual exponential growth.

Failing that...

[EnergyUnlimited]

$this->bbcode_second_pass_quote('Kaj', '')$this->bbcode_second_pass_quote('Jack', 'T')he only way to keep it going without pain is to maintain perpetual exponential growth.

Failing that...

[EnergyUnlimited]

$this->bbcode_second_pass_quote('GASMON', '
')
Plenty of work for the prison service then !!!!!!!

[Homesteader]

$this->bbcode_second_pass_quote('phaster', 'F')antasy eh?

well here goes invent biological organism that puts lazy, poor, stupid, physically unattractive, greedy, pious religious zealots (basically traits I dislike in people), into a coma.

then I'd gather all the dead wood so to speak (in other words the people in a coma), and stick them in my second invention (inspired by the first matrix movie), which would be an self assembeling machine system that uses people that have unappealing human traits as batteries.

This should eliminate more than 9/10 of humanity that does not have a back ground similar to mine, basically rich, good looking, educated individuals with a math and science background, with a deep interest in economics (basically the Austrian School), who has read both the bible and koran and is familiar with other religious texts, and does not find it below their diginity to physical labor, knows how to invest and get average returns of 30% per year over long periods of time (say 10 years or more, so it can't be said that above annual returns were a statistical fluke). Basically my fantasy scenario for fixing world financial system, would be for people to have my super genius mental outlook and ability.....

[pup55]

$this->bbcode_second_pass_quote('', ' ')NEW YORK - Two former Bear Stearns managers were arrested Thursday on securities fraud and other charges linked to the collapse of a hedge fund that bet heavily on subprime mortgages before the market collapsed, federal authorities said.
ADVERTISEMENT

Matthew Tannin was taken into custody outside his New Jersey home on Thursday morning and Ralph Cioffi was arrested at his New York City home, the FBI said. They became the first executives to be charged criminally in the wake of the subprime market debacle.

Yet the fall out is beginning to spread.

The FBI announced Thursday that it had arrested about 300 real estate industry players since March — including dozens over the last two days — in its crackdown on incidents of mortgage fraud that have contributed to the country's housing crisis.

[basil_hayden]

1. Make Leveraging Illegal. X=Y, where X is money and Y is assets.

2. Charge what things cost not what you can get for them on the high side or what its subsidized cost is on the low side.

[Twilight]

$this->bbcode_second_pass_quote('worrier', 'W')hat suggestions would people have for fixing the world financial system, this is under the fantasy scenario that peak oil and global warming wasn't happening.

[MD]

$this->bbcode_second_pass_quote('pup55', '')$this->bbcode_second_pass_quote('', 'W')hat suggestions would people have for fixing the world financial system