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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: average joe who wrote (92178)7/4/2012 2:17:00 PM
From: Maurice Winn2 Recommendations  Read Replies (1) | Respond to of 219956
 
Yay for Iceland. The people refused to be treated as mere chattel serfs, expected to repay somebody else's debt. < in March 2010 that vote was held and an overwhelming 93% of the population refused to repay the debt, at least with those conditions. > But they have yet to include in their constitution the fundamental step that matters.

Governments in Europe and the USA might have to get used to that idea too and people like me who have a stash of US$ might find that those dollars are repudiated and that I cannot in fact use them to buy goods and services. My stash is not too big so if a "Bank Holiday" was declared half an hour ago and said cash was lost, it would not be too bad.

Meanwhile, reporting from pre-revolutionary France, things seem hunky dory. The town where I am is busy refurbishing things, replacing rubbish bins, keeping the place clean, installing bits and pieces. The people are happily going about their business and business seems to be happily putting money in the till, including mine, recycled from China via Qualcomm to keep the wheels of commerce turning. There is any amount of vin, plus de fromage, degustations of delicious fruits et peche, avec les baguettes galore.

There were human monkeys in a tree [literally] in some sort of Occupy the Trees in Montpellier movement [with about half a dozen primates resident on bamboo platforms. They were only 100 metres from the local police station so they must not be committing any particular offences. A nice thing about France is that the authorities seem to be not too OCD [obsessive compulsive disorder] about enforcing silly rules which might or might not exist. People seem to pleasantly go about their business mindful of manners. Revolution does not seem imminent, whatever the price of gold or oil.

Vive la France,
Mqurice