Steve Kelley by Steve Kelley

Steve Kelley

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  1. d_legendary1 Demands Dr.C's Release

    d_legendary1 Demands Dr.C's Release said, about 2 years ago

    More fees, more penalties, and less recourse to get away from them without having to pay a dime. BOA sucks!!!

  2. Rise22

    Rise22 said, about 2 years ago

    NO ONE is going to trust their money in banks….then what???

  3. californicated1

    californicated1 said, about 2 years ago

    @Rise22

    Cash transactions start becoming the normal form of monetary exchange again, which may mean that nobody could trust any credit-based transaction for fear that any bank or government backing one or both ends of the transaction might not and the person taking credit in lieu of actual money may be out actual money if the rest of the transaction goes through.

    And if nobody can trust any credit-based transaction (check or credit/debit card), then the economy slows down even further, worse than it did in August and September of 2008 when nobody could trust the Credit Default Obligations out there being used to guarantee all sorts of worldwide transactions.

    And with only a cash-based economy out there, and possibly a barter-based economy also flourishing locally, any national or even international economy collapses on itself because nobody will trust anybody who uses anything other than cash or goods to back up the transaction.

  4. USN1977

    USN1977 said, about 2 years ago

    In a strictly barter-based economy it would make sense that we all trade food for food. But as a group becomes larger and more coherent, more people have more goods to offer and bartering cannot always satisfy that. Thus people turn to an item that is near universally valued, such as silver. This has been seen in the prisons where bartering does occur, however the prisoners also use tobacco as currency as it is in high demand and cigarettes can be used as a medium to obtain things that direct bartering cannot resolve.

  5. Stipple

    Stipple said, about 2 years ago

    And a portion of that stacked silver should be cast into bullets for the werewolves that will be roaming the streets.
    .
    Zombies? dunno, do they like beans?

  6. M Ster

    M Ster said, about 2 years ago

    The Cyprus bank story was blown way out of proportion. Anyone who deposits more than 100,000 Euros in a bank that offers a 100,000 Euro deposit limit should know they are taking a risk. Evidently a lot of wealthy Russians were too concerned about their tax shelters to consider that.

  7. 4my10851cs

    4my10851cs said, about 2 years ago

    yes!!

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