Comments on: JP Morgan explains the euro crisis with lego http://blogs.reuters.com/felix-salmon/2011/09/06/jp-morgan-explains-the-euro-crisis-with-lego/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Haroun http://blogs.reuters.com/felix-salmon/2011/09/06/jp-morgan-explains-the-euro-crisis-with-lego/comment-page-1/#comment-32376 Wed, 26 Oct 2011 18:24:03 +0000 http://blogs.reuters.com/felix-salmon/?p=9769#comment-32376 number 10 is the 99 percent who need to cap personal wealth at 10M dollars, and number 12 is the 1 percent who would be affected by that, but at the moment nothing affects them so they don’t care where the debt goes. Is that ok for a 4 year old?

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By: ehauske http://blogs.reuters.com/felix-salmon/2011/09/06/jp-morgan-explains-the-euro-crisis-with-lego/comment-page-1/#comment-31011 Sat, 17 Sep 2011 14:17:10 +0000 http://blogs.reuters.com/felix-salmon/?p=9769#comment-31011 My 4 years old ask why the toys 10 and 12 don’t have arrows going out? Have they been bad toys? Did they do something bad? :)

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By: Packerchu http://blogs.reuters.com/felix-salmon/2011/09/06/jp-morgan-explains-the-euro-crisis-with-lego/comment-page-1/#comment-30697 Fri, 09 Sep 2011 01:14:13 +0000 http://blogs.reuters.com/felix-salmon/?p=9769#comment-30697 I don’t know … If the EU Commission and Euro Group Finance Ministers were *really* Stormtroopers; The rebels would win. ;)

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By: nobailoutplease http://blogs.reuters.com/felix-salmon/2011/09/06/jp-morgan-explains-the-euro-crisis-with-lego/comment-page-1/#comment-30661 Thu, 08 Sep 2011 08:34:11 +0000 http://blogs.reuters.com/felix-salmon/?p=9769#comment-30661 The three men with helmets, shields, and medieval weaponry are truely trying their best. Today the EFSF Eurorettungsschirm will not bye yunkbonds etc. http://www.faz.net/artikel/C30923/euro-r ettung-die-stunde-der-rechenkuenstler-30 498320.html

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By: StokeyBob http://blogs.reuters.com/felix-salmon/2011/09/06/jp-morgan-explains-the-euro-crisis-with-lego/comment-page-1/#comment-30660 Thu, 08 Sep 2011 03:27:45 +0000 http://blogs.reuters.com/felix-salmon/?p=9769#comment-30660 StokeyBob Explains it with a Super Dollar:

No matter how much real money people can put together to build their countries the way they want there are those that can print up what ever it takes to dictate their way.

Maybe this will help make the danger of fiat money clear.

Imagine you and me are setting across from each other. We create enough money to represent all of the world’s wealth. Each one of us has one SUPER Dollar in front of him.

You own half of everything and so do I.

I’m the government though. I get bribed into creating a Central Bank.

You’re not doing what I want you to be doing so I print up myself eight more SUPER Dollars to manipulate you with.

All of a sudden your SUPER Dollar only represents one tenth of the wealth of the world!

That isn’t the only thing though. You need to get busy and get to work because YOU’VE BEEN STIFFED with the bill for the money I PRINTED UP to get YOU TO DO what I WANTED.

That to me represents what has been happening to the economy, and us, and why so many of our occupations just can’t keep up with the fake money presses.

http://photos.imageevent.com/stokeybob/f ollowthemoney/Supersingle640x537.jpg

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By: fletbr13 http://blogs.reuters.com/felix-salmon/2011/09/06/jp-morgan-explains-the-euro-crisis-with-lego/comment-page-1/#comment-30659 Thu, 08 Sep 2011 03:06:03 +0000 http://blogs.reuters.com/felix-salmon/?p=9769#comment-30659 This graphic is really an eye opener. We all need to realize that it is time to wake up, and to face the real issue that is at hand. Playing the blame game, finger pointing, arguing about who is at fault, these actions get us no closer to a resolution, serving only to distract us from the problem at hand. Those behind this know it, they continue to thrive because of it, and continue to make the situation that much more dire.

And yes, at first, the situation was jumbled, confusing, a frustrating mess with no clarity at any level. This graphic has, however, given us the ability to see what is really taking place. While we squabble, the Empire and it’s Stormtroopers are infiltrating and taking over the EU.

It is just a matter of time before they succeed, or perhaps they already have, either way we are on the verge of collapse. With the spotlight now on the problem, visible for all, we have little time and must act fast, or else we have only ourselves, and maybe the ewoks, to blame.

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By: FifthDecade http://blogs.reuters.com/felix-salmon/2011/09/06/jp-morgan-explains-the-euro-crisis-with-lego/comment-page-1/#comment-30657 Thu, 08 Sep 2011 01:35:58 +0000 http://blogs.reuters.com/felix-salmon/?p=9769#comment-30657 There is of course one thing missing, a vital element, the one that started it all and caused all the problems in the first place: US sub-prime based securities and the long feeding chain that took them from impossible to pay mortgagees right up to banks like Lehman and others who then sold them on into Europe.

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By: k3nt0n http://blogs.reuters.com/felix-salmon/2011/09/06/jp-morgan-explains-the-euro-crisis-with-lego/comment-page-1/#comment-30655 Wed, 07 Sep 2011 21:57:49 +0000 http://blogs.reuters.com/felix-salmon/?p=9769#comment-30655 This seems like the Lego version of the sh*t flows downhill theory. If you’re at the bottom of the diagram and there are arrows pointing at you, you’re stuck with it.

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By: wpw http://blogs.reuters.com/felix-salmon/2011/09/06/jp-morgan-explains-the-euro-crisis-with-lego/comment-page-1/#comment-30641 Wed, 07 Sep 2011 15:00:44 +0000 http://blogs.reuters.com/felix-salmon/?p=9769#comment-30641 More insightful than most of what I have seen on the Eurozone. At least some of the stereotypes required some thoughtful imagination.

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By: SurfSmurf http://blogs.reuters.com/felix-salmon/2011/09/06/jp-morgan-explains-the-euro-crisis-with-lego/comment-page-1/#comment-30638 Wed, 07 Sep 2011 12:29:25 +0000 http://blogs.reuters.com/felix-salmon/?p=9769#comment-30638 Oh my god, we are doomed

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