There are some big riots going on in England right now

  • Thread starter Thread starter morganist
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Quote from Ash1972:

Congratulations, that's a wonderful counter cyclical business you've got there :) [/QUOTE

likely it is a "wonderful" long term trend for him but represents a poor long term prognosis for the West.
 
Quote from SWhiting:

Hooo Hummm. The entire island of Britain could riot and it wouldn;t amount to a gnat on an elephants ass (arse).
No fan of the Brits, eh ?
Well, I worked with them in spades for JP Morgan....that company is all about the Brits.
They really think they're "something".....that's my take away.
 
Quote from Humpy:


The young looters are behaving just like ......er politicians ( the expenses scandal ) , bankers etc. but on a micro scale. Every country is now gripped by the "PIGSTY" culture of greed - thanks to the USA

I'm not a fan of most politicians/bankers, but what most of them do is legal, whether ethical or not. At worst, they usually exploit gray areas. There's a world of difference between that and bashing someone over the head, setting a building on fire, and stealing all the inventory from a struggling shopkeeper.

(OK, politicians sometimes do this via the police or military, but that's still a bit different.)

Blaming all this on "U.S. greed" is idiotic. Similar rioting has happened in Muslim countries with little Western influence who hate the U.S.

Japan, on the other hand, is influenced much more by the U.S., but there was virtually no looting after the earthquake/tsunami. And what little looting occurred was mostly by the hands of foreigners. What happened there was like Katrina X 10, yet they didn't react anything like in U.S. or European inner cities.

The same lack of looting after natural disasters is typical of rural/suburban areas of the U.S.

There are many cultural factors at play. Blaming it all on U.S. greed isn't one of them.
 
Obama is responsible for UK riots?

Today majority of world people think of Obama when they see a black person. I read some reports saying 90% to 95% blacks voted for Obama in year 2008. If the black person is in USA then people think he/she must have voted for Obama and still support him.

7 days back, S&P 500 fell 7% and this is the most reputed for investment world. Italian police raided the office of S&P and Moody after the downgrade of USA debts.

Today world economy is completely unstable and there is no end to financial crisis because somebody elected Obama as president of USA in year 2008.

World people were already seriously angry because of Obama and when UK police shot dead a black man (minor incident) and the riots started, the already heated up other people joined the riots and it became serious.

The world society is a tinder box and it just needs a spark to catch fire.
 
Quote from Bear-Attack:

Obama is responsible for UK riots?
.

OK, to be fair, this post was equally asinine. Neither "greedy" businessmen in the U.S. nor Obama are responsible for rioting in the U.K.
 
Quote from MKTrader:

nor Obama are responsible for rioting in the U.K.
USA president is the world's most powerful man so he is responsible for world situation.

If you cannot take responsibility for world situation then do not become USA president or Russian President.

If you can lift 10 kg weights only then never think of lifting 100 kg weights or else your back/spinal cord will be broken.
 
Quote from Eight:

I'm thinking that we are only very early on in the world class worldwide meltdown of Socialism. If people are rioting now they are going to be a real mess when things actually do become unliveable... For the US, my only hope is that we come out of it with our Constitutional rights... they have been trampled a bit by the War on Poverty and the War on Drugs so maybe as the funding dries up for such folly we will get some of them back...

Yup.... Wait until America and Europe really hit the wall....
 
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