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Sell everything, immediately.
May 29, 2011 4:14 PM   Subscribe

Economic Collapse Explained in Three Minutes
posted by stavrosthewonderchicken (25 comments total) 18 users marked this as a favorite

 
Lovely.

But yet the world will carry on as normal.
posted by Zenabi at 4:25 PM on May 29, 2011


I should have said, "As if nothing is wrong."
posted by Zenabi at 4:36 PM on May 29, 2011 [1 favorite]


"As normal" being wars, oppression, natural and man-made disasters and most of the rich getting richer while most of the rest of us fall farther behind. I sold everything years ago.
posted by oneswellfoop at 4:42 PM on May 29, 2011


The front fell off.
posted by nola at 4:43 PM on May 29, 2011 [15 favorites]


It's just the last few moves in the game of Risk, eh? All the players know how it ends but you go through the motions because that gives everyone enough time to pull down the top shelf Scotch and take a few heady belts before all the pieces go back in the box and we pull out the next amusement, which will likely be Pandemic with a few missing cards. I mean, really, it's "sell everything" or "give it to the cops" that will be pounding on your door any moment, yeah? PUT ON HBO MABEL I THINK THAT SYLVIA WOSSNAMES GOT A NUDIE ON WE CAN WATCH.
posted by seanmpuckett at 4:55 PM on May 29, 2011 [1 favorite]


I sold everything years ago.

Not for euros or dollars, I trust.
posted by IndigoJones at 5:18 PM on May 29, 2011


Oh, one of these again? But we've already GOOGLED RON PAUL so many times...*sigh*

The real funny thing, to me, is how obvious it is that these goldbugs are happy to stoke panic, because they'll make out like bandits if enough people are converted to the ONLY SHINY METAL WILL SAVE YOU gospel. They have to be subtle of course, which is why they put up videos like this, in an attempt to misdirect people from the fact that they're in on the same game everyone else is playing, just working another angle.
posted by StrikeTheViol at 5:27 PM on May 29, 2011


The real funny thing, to me, is how obvious it is that these goldbugs are happy to stoke panic, because they'll make out like bandits if enough people are converted to the ONLY SHINY METAL WILL SAVE YOU gospel.

I'm not entirely sure, but I think this might be a comedy sketch, rather than an obscure advert for gold.
posted by dng at 5:33 PM on May 29, 2011 [8 favorites]


I'm not entirely sure, but...

Heh
posted by Zenabi at 5:37 PM on May 29, 2011


I'm not entirely sure, but I think this might be a comedy sketch, rather than an obscure advert for gold.

See the tags and related posts for more context, besides this one is funnier, and credited.
posted by StrikeTheViol at 5:42 PM on May 29, 2011 [3 favorites]


The youtube tags, I mean.
posted by StrikeTheViol at 5:44 PM on May 29, 2011


If you think the Euro is collapsing, there is a bet you can make, see stock symbol EUO. Currency trading is notoriously risky and you can see why, just in the past two days:

*China said it would buy Euro debt, boosting the Euro against the dollar.
*Greece said it could pay off its debt 8 times over by selling state-owned assets.
*Ireland said it would have trouble repaying IMF loans.
*Major demonstrations in Spain protesting austerity measures.

The first two are euro positive, the last two are euro negative. Not to mention the dollar weakened over the last few days due to recent economic data (thus raising the Euro). Who knows what next week will bring. That's why a lot of people go gold, fear of volatility.
posted by stbalbach at 5:49 PM on May 29, 2011


"ETF" symbol
posted by stbalbach at 5:50 PM on May 29, 2011


Fred Dagg has got quite sophisticated these days...
posted by pompomtom at 6:38 PM on May 29, 2011


Oh, I thought the front fell off. My bad.
posted by BungaDunga at 8:14 PM on May 29, 2011 [1 favorite]


Sooner or later, the front always falls off. And no, I didn't really sell everything years ago, but I'm planning a Yard Sale in a couple weeks.
posted by oneswellfoop at 8:31 PM on May 29, 2011


We should return to a barter economy.
posted by fartknocker at 10:22 PM on May 29, 2011


They have to be subtle of course, which is why they put up videos like this, in an attempt to misdirect people from the fact that they're in on the same game everyone else is playing, just working another angle.

The they in this case are the government funded Australian Broadcasting Corporation - The ABC is Australia's public broadcaster.

The video is a five minute satirical piece drawn by two local comedian types who are employed to cap the week off with a bit of light relief, and who are safe and predictable enough not to be challenging, rude, or funny in any way.
posted by the noob at 11:06 PM on May 29, 2011


See the tags and related posts for more context, besides this one is funnier , and credited.

Well they're both pretty funny, but I have no idea what you mean by 'credited' in that sentence, as neither video is credited to the 7:30 Report, the TV show this segment comes from.

Just to restate - these guys, Clarke and Dawes are their names, are satirists. This is a comedy piece, definitely not a stealth ad for gold.
posted by Hello, I'm David McGahan at 2:13 AM on May 30, 2011


Bird and Fortune the UK comedy duo, did this back in 2008 - Subprime Crisis
posted by Lanark at 3:31 AM on May 30, 2011


No, I figure John Clarke got into comedy in the seventies just to lay the groundwork for mentioning "selling everything" at the end of a skit in another century so he could shill gold, which is not even mentioned in the skit itself.

My God, you have no idea how high up this thing goes.

or

We're through the rabbit hole, people.
posted by ricochet biscuit at 5:36 AM on May 30, 2011


The Story of Economics (in three minutes ;)

cheers!
posted by kliuless at 7:34 AM on May 30, 2011


hmm you might be onto something there ricochet biscuit, any thoughts on how The Games fits into Clarke's decades long master plan?
posted by Hello, I'm David McGahan at 7:35 AM on May 30, 2011


More comedy gold from Australia.

"Bird and Fortune the UK comedy duo, did this back in 2008 - Subprime Crisis"
posted by Lanark at 11:31 AM on May 30

Thanks for that, excellent and funy.
posted by marienbad at 7:35 AM on May 30, 2011


That was bad ass. Thank you.
posted by scaryblackdeath at 11:13 AM on May 30, 2011


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