How the financial system works

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Views:11,825
First:scarecrow
10 months ago
FIRST lol MWUAHAHHAH
10 months ago
your retarded and dont get it you stupid fucking idiot
10 months ago
WTF ACE? Bashing yourself? Having a bi-polar episode?

I know, meant for below.
10 months ago
10 months ago
you're retarded

your comment makes very little sense
10 months ago
Northern Rock? Sub-prime lending? By the way, did anyone else notice the most attractive banker near the beginning of the video - the one with the rather swish beard - counting his money? Vaaaaaaaaaghhhhhhh! Oooooooooogggiieehhhhhh! Ssppllllllurrrrrrt! Money makes the world go round.
10 months ago
Somewhere I posted the opinion that there was more intelligence on the Glumbert site than might first meet the eye. Assface was the first to pee in our eyes here, so, clearly, I am not always correct. Stupidity and gross baseness does have a moment now and then.
10 months ago
assface. lmao
10 months ago
The video is a great primer....will look for the other parts elsewhere.
Am wondering if the point is to "expose" bankers or to educate the banking public.
10 months ago
First day Canada hits parity with the US$ in 13 years and they start lecturing on the subject. It's ooll aboot tha booroower.
10 months ago
The "digital dollar" was an unfortunate consequence of Roosevelt's presidency during the depression.
10 months ago
On a serious note for a moment.
If anyone here did not know the things outlined in this video they deserve to lose all their money and live a life of abject penury and misery. It is not good enough to be told these simple economic facts are not taught in schools. Since when did the responsibility for a person's financial wellbeing lie in the classroom? Does no-one read any more? Has no-one exercised the right to obtain information without it being taught by rote in the classroom?
I find this video faintly insulting to be honest. Only a moron would learn a single thing from it unless they were under the age of 12. I personally lend money at fairly high rates of interest to my friends and acquaintances. They fully understand the position. For instance, my niece's 11-year-old son Jeremy wanted a new bicycle last year. It was on sale in a local shop for £200 sterling. He had only his pocket money savings of £25. I offered to lend him the balance of £275 on condition he paid me back at 25% compound interest with a small penalty for repayment "holidays". He was delighted with the terms and purchased the bicycle. He is now 34 years old and owes me only £45. The bicycle is now a little too small for him, but he still rides it to work at the abattoir.
10 months ago
That long at the same job? He must be a master abattoir by now.
9 months ago
so much for a vacation, i was going to sit back and pause, sorry to let you down pistaker, and i quote "Only a moron would learn a single thing from it unless they were under the age of 12. I personally lend money at fairly high rates of interest to my friends and acquaintances. They fully understand the position. For instance, my niece's 11-year-old son Jeremy wanted a new bicycle last year. It was on sale in a local shop for £200 sterling. He had only his pocket money savings of £25. I offered to lend him the balance of £275 on condition he paid me back at 25% compound interest(call yourself visa with a smile) with a small penalty for repayment "holidays". He was delighted with the terms (until he knew you were milking him) and purchased the bicycle. He is now 34 years old and owes me only £45. The bicycle is now a little too small for him, but he still rides it to work (cuz he can't afford a car).Oh, lest we forget (Only a moron would learn a single thing from it unless they were under the age of 12.) soooooo sorrry too
disappoint you, I'm about too take the greatest leap of faith that is human. This video brought me back down to earth to gamble 300,000 (so sorry it's not pounds, mate ) dollars on the basic human system of trade.....oh don't forget the other quote ( they deserve to lose all their money and live a life of abject penury and misery) thanks for the good wishes I'm sure I'll fail now.
10 months ago
Pistaker,
the responsability does NOT lie in the classroom. But it is an ESSENTIAL part of life and education. Way more valueable then the hypotenuse of the square of pi. (or whatever) Money is something everyone uses and it is important to understand credit and how it works, just as it is important to learn about health.
10 months ago
gargamelord.
I could not agree more. I rest my case.
10 months ago
gargame....your reasoned view is wasted on the sterile poststamp-desert of pisser's alleged brain. You think he is posting a real opinion....sorry....he's just playing with himself while he plays with you. No lie.
10 months ago
Chaz.
How dare you sir!!
10 months ago
Might be appropriate if you hadn't already done it several threads ago ahole.
10 months ago
meant for below
10 months ago
Is this an appropriate thread to say how fantastic it is, that the Canadian dollar hit parity with the U.S. greenback?

Currently, it's trading at 99.6 cents U.S.

Suddenly, skipping across the border to buy a car seems like a MIGHTY swell idea! Shit, I even checked out air fares as a lark, flying outta Buffalo, because they now take Canuck bucks at par. WOW!! I can grab a flight to Vegas (air and hotel package) for DIRT CHEAP!!!

Anyone wanna go with me?
10 months ago
.....and leave the heaven you obviously think you have in 'Oh Canada"?
Why, pray tell....why?
10 months ago
Might be appropriate if you hadn't already done it several threads ago ahole.
10 months ago
It's already been said...
10 months ago
ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ
10 months ago
....as a recovering English major, I am required to correct what are really keying errors, but look like spelling mistakes...horror of horrors....

vacation is quite an improvement over vacatation....as is TRIUMPHANT vs TRIUMPHRANT....god, I hate it when that happppppens.
10 months ago
If you'd wanted that out there, you'd have posted the link a while back. Good attempt at a save though. Let's face it, in your vanity, you let too much personal info slip. Now you're trying to save face by posting more. I may have a couple of my mississauga pals swing by and heckle the performance after a few beers.
10 months ago
ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ
10 months ago
ZZZZZZZZZZZZZ = canuck lost another debate/was caught out again
10 months ago
(thinks for a sec.....hmmm....ahh, screw it, why not?)

This is the second and last time I'm going to break radio silence with you, and address you directly.

"My vanity"

"Save face"

"Caught out"

Lemme ask you something:

Do you think YOU are....stable? That's not a shot, but listen to this: go back for say, the last two months on these threads. You've added NOTHING about ANYTHING...unless it was concerning ME. Do you think this is....normal? You take some info about a favourite past-time of mine, and you go off and you crow about "catching me out"? "Losing a debate"? "Being vain"? Ummm...ok. Actually, you DO have a point about one thing: in my excitement of wanting to share some experiences with some decent folks here, I DID let too much information slip. No doubt about it; I can admit that. But ya know what? Never in a million years (and really, I shouldn't have been surprised, given the last two months), did I think you'd actually take a bone that way, and madly run off with it.

Do YOU....think this is....healthy? Or rather....healthy behaviour? Two months, dude. TWO STRAIGHT MONTHS! Even other posters have asked you what your problem is, and you just keep right on going. I figured if I simply ignored you (even with giving you a third-person tweak), that you'd eventually give it up, and call it a day. But no. You actually got WORSE.

WORSE!

I mean, I know what you said about being here for "fun", and "everything's fair game" and all...but you CAN see that something's wrong here...can't you? Like, do YOU think YOU'VE adopted a "fun" approach to this site? Or do you think your obssessive-compulsive behaviour has gone a little too far? Personally, I could give a rat's ass what you do, where you work or who your family is or even what your politics are. YOU, on the other hand, have developed this VERY unhealthy fixation on every one of those things, re: me. If you even ATTEMPT to deny or minimize this, I guarantee you'll look even more foolish. You've done NOTHING but display it for two months now.

Remember in the early days when I used to jostle with you? Exchange insults? Trade quips? Well, something's happened since then: I believed I was just trading broadsides with another person who's just as mouthy as I am; rather, I was contributing to a VERY unhealthy fixation on your part. Exactly what inspired this? I have no clue. You took on the base concept of "hate" and "malice", and ran with it, using it as fuel. And like the energizer bunny, you kept going and going and going....

Again, do YOU think that you're....healthy? Seriously? (No insult intended here, like I said....I'm serious).

Do YOU think your past pattern here has shown any rationality?

Because if you start to claim this is an "act" on your part, (for two straight months!), then the wrong person is doing theatre here.

Now...just to show you I'm a nice guy (and always have been)....I'll give YOU the last word on this....so....some advice:

Make it good.

And make it reasonable.

Or we'll go back to the way it was: you screaming for my attention, and me adopting radio silence once again.

Your move.
10 months ago
im sure i told you that a while back canuck. amusing to see he hasn't replied, maybe he has finally snapped out of his obsession over you..?
10 months ago
No, Bruddah.

Someone like THAT don't "snap" out of anything, not after a solid couple of months of frothing-at-the-mouth.

He'll crop up.

Sooner or later.

I'd set my watch by it.
10 months ago
syzygy!

Master abattoir! Well done. The best and most amusing response to one of my postings. 10 out of 10! I wish there were more like you contributing to Glumbert instead of those self important, easily riled, anal obssessive, pompous, humourless and under-educated twats who seem to think their opinions are worth sharing.
10 months ago
Who're you callin' "pompous"?

LOL!
10 months ago
... Still no happy ending? You're slipping out-of-character, and on the verge of being "normal."
10 months ago
Anyone on whom the cap fits.
10 months ago
What about hip-waders?
10 months ago
Canuck.

I confess you have completely lost me on that one! Are they wetland birds? Fishing clothing? A new terrorist cell? Enlighten a poor Limey.
10 months ago
HIP-WADERS!!

You know!

The one-piece rubber boots that taper off into cover-alls!! Great for stepping into shallow waters for fishing, or walking through mounds of bullshit without getting yer pantaloons soiled!

Savvy?
10 months ago
Ah. I thought that was what they were. I take it this is a cunning metaphor which applies to those who land on the oftimes hostile Planet Glumbert in intellectual clothing designed to ward off attacks by its less savoury denizens? In other words, morons such as grueslayer, throbstick et al?
10 months ago
Well.......in a manner of speaking.....

Yes.

LOL!
9 months ago
I dont even post that often and I made the list. What now bitches?
10 months ago
So did we all learn something off this video? 1 feather 1 shiny rock = 1 buffalo.

The funny thing is money does grow on trees, imaginary loan lending trees.
10 months ago
Brilliant!!!! 3,000 more words for the Anals of Canuck. No hate, no malice, I'd have to see the whites of your eyes for that and hear that attitude in two dimension.

Now I'm actually getting somewhere. I'm improving you as a human being. You actually admitted a faux pas in the post above. There have been many, many others, but one is a start. The goal here is to get you back down to reality size such that you fit back in your boots. There are many of us who would love to see that. Some comment more than others, but there are many of us.

Who are you kidding about radio silence. You'v commented back on the vast majority of posts via a real third person or an alias.

Rabz, one does have to sleep brother.
10 months ago
Im sure you murmur about the one you are mentoring in your sleep. :)
10 months ago
Okayyyyyyyyyy....


If what I typed up above, and your subsequent response to it, aren't indicative as to what's going on here (and with YOU, in particuar), then I think folks around here need to seriously examine things.

SERIOUSLY.

Oh man.
10 months ago
(clicks "radio silence" button back on)
10 months ago
Now don't throbs actions contradict your obsession theory canuck? If it were true, wouldn't he behave in such a way as to facilitate continued dialog with you versus shutting it down (driving you back to radio silence)? Perhaps he's the one pulling the strings - the ability to tur you on again/off again?
10 months ago
Guten Morgen Glumberters und auf Wiedersehen!
Today I am busy packing mein bags for mein vacation in Zanzibar. I am kvite excited und haf had to lie down in ein dark room tvice already to settle mein nerves. It is not ze prospect of being in ein strange und vonderful land vich vorries me, but ze fear zat some eagle-eyed arse at customs may recognise me und ask for mein autograph.
Conchita is insisting on taking several frocks, none of vich vill go down well in ein Muslim land, as zey vill expose her flesh to ze gaze of ze natives. Zis I approve of, but vether ze Islamists vill understand is anozzer matter altogether.
Ze armadilloes seem to know ve are leaving. Zey haf been rampaging around zere compound like berserkers all night, clicking zere tongues und spraying each ozzer vith zere urine.
Vonce again, viele dank to ze Glumberters who haf vished us vell. If ve survive ze trip, I vill haf many tales of ze dark continient to relate on mein return to mein computer.
Heil Skvirrel!!
10 months ago
Die of cancer.
10 months ago
Remember Cockstick - 1-800-OBSESSION

That'll apparently get you through to a decent emergency shrink...
10 months ago
adolf, it won't be the same without you mein friend, i have over time enjoyed our smart arse postings, i have gone back on my word to leave this site, i feel now that i have been totally submerged in glumbertious and fear i will never leave this site. i will call a counsellor soon, the probelm is she is french and oh so pretty, with the french accent it destroys me, i become a bumbling reck.

good day sir
10 months ago
Skid - if she's any good then pass her details on! Glumbertitis has struck me down with a vengeance too!

Vive la Francais (in every sense if she's pretty)
10 months ago
Tell her to start reading and commenting on Glumbert, and she will understand. In fact she could use this site to hone her skills in psychotherapy.
10 months ago
mako100 trust you to get the term right, you're pretty switched on..glumbertitis not as i've written it, i am verging on being iliter....i can't spell it ...you know what i mean

french women for me are the most beautiful in zee vorld, i have been there many times, they are moody, distance, aloof, sexy, they smoke and drink coffee, there teeth are a lovely browny yellow which i love..but the accent my dear god they are goddesses when they speak , i even fell in love with the sat nav voice!
10 months ago
Don't forget the hairy legs and pits is what really drives you nuts.
10 months ago
Ohh forgot. And the thick shag carpet.
10 months ago
purrfect for flossing while making love
10 months ago
I believe the Frenchitty were sans poil for a while before your kitty next door.
10 months ago
all my money has robert e lee on it!
10 months ago
Well that really is money with value! It will be worth more than the USA dollars.
10 months ago
Now don't throbs actions contradict your obsession theory canuck? If it were true, wouldn't he behave in such a way as to facilitate continued dialog with you versus shutting it down (driving you back to radio silence)? Perhaps he's the one pulling the strings - the ability to tur you on again/off again?
9 months ago
Go read what I wrote.

I wasn't kidding.

At all.
9 months ago
I did. Pushing someone away just isn't indicative of obsessive behavior.
9 months ago
Are you fucking stupid? Or did you have to take a course in it?

I'M pushing HIM away because HE'S an obssessive, unstable person.

And the reason YOU can't see that, is because you're just as unstable or you ARE him. It doesen't matter.

Either way, your comment was pretty asinine, and oblivious.
9 months ago
Read my last two posts again you stupid, stupid idiot. I'm talking about HIM pushing YOU away into radio silence.
9 months ago
Don't worry Barnsley, he's so self-absorbed that through his lens, he couldn't possibly see that you were talking about anyone other than him. Another classic error on his part yet I bet he doesn't apologize for the expletives he threw at you.
9 months ago
And that's exactly what I've been talking about all this time!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
9 months ago
So if $$ is worth naught... why do we pretend, and act like, it makes the world go round, and is the source of all joy?? It's like we know the joke, and it's a bad one, but we laugh anyway.

if you ask me.. and no one did.. it would appear that falsehoods and lies make the world go round. Hmmm.

mayhaps we need a new measure of worth, like how many people did you make smile today, or how many people did your country feed, or what have you donw to insure a decent future for us all.

just my (imaginary)2 cents....sorry
9 months ago
Yankees!:)

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