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-   -   Europe's Crisis: Much Bigger Than Subprime, Worse Than U.S. (https://gfy.com/showthread.php?t=890635)

Slappin Fish 02-28-2009 02:03 PM

Quote:

Originally Posted by buzzy (Post 15563189)
What the fuck? I'm not talking about the UK. I know the UK is in a mess but what the fuck has that got to do with the euro? :error Weirdo.

It had to do with the average persons limited understanding of currencies.

But now I see you are just limited altogether :thumbsup

halfpint 02-28-2009 02:06 PM

Quote:

Originally Posted by evie (Post 15562227)
How much that really worth?

250.000000 ZWD is equal to around $2.61

or 1 USD = 95.4200 ZWD and 1 ZWD = 0.0104800 USD

cykoe6 02-28-2009 02:21 PM

Quote:

Originally Posted by Slappin Fish (Post 15563213)
I am only saying articles predicting the collapse of the Euro have to be taken with a pinch of salt when they come from an openly anti-EU publications.

I agree that predictions of the Euros collapse need to be taken with a grain of salt. That does not mean that there is not a serious debt crisis in Europe right now. There is plenty of agreement on that from all sides of the argument. I personally believe the EU is a totalitarian nightmare and anything that leads to its dissolution is a good thing. Having said that, I very much doubt that the EU commissars will let the Euro or the EU collapse. They have their fat bank accounts, chauffeured cars and luxury apartments in Brussels at stake.

Slappin Fish 02-28-2009 02:33 PM

Quote:

Originally Posted by cykoe6 (Post 15563307)
I agree that predictions of the Euros collapse need to be taken with a grain of salt. That does not mean that there is not a serious debt crisis in Europe right now. There is plenty of agreement on that from all sides of the argument. I personally believe the EU is a totalitarian nightmare and anything that leads to its dissolution is a good thing. Having said that, I very much doubt that the EU commissars will let the Euro or the EU collapse. They have their fat bank accounts, chauffeured cars and luxury apartments in Brussels at stake.

Totalitarian nightmare I don't know, the rest can't be argued with :upsidedow

MaDalton 02-28-2009 03:06 PM

Quote:

Originally Posted by Ethersync (Post 15563222)
So, you don't believe people should have the right to vote?

people elect governments, governments make decisions. if government screws up they don't get re-elected. there is no perfect world, but so far this seems to be the most practical approach.

Michaelious 02-28-2009 03:56 PM

yeah i think its going to get much worse over here

CarlosTheGaucho 02-28-2009 04:51 PM

Quote:

Originally Posted by blindzior (Post 15562440)
Yet the polish government thinks its best time to start talking serious about introducing Euro.

The Polish always had a chance to take the world around them seriously during the country's history, unfortunately, this country never failed to fail.

So far they were always only able to take seriously themselves and to benefit from their total and constant incompetence to anything.

A great parallel is their effort to build a tunnel for trains that failed miserably a couple weeks ago, because their most elite brains didn't count with the shocking fact that a train needs railways (those of us open minded folks already noticed that since the 19th century).

Poland is a waste of money without any measurable or even envisionable result at all, and it's the country's national politics to keep it like that.

CarlosTheGaucho 02-28-2009 04:55 PM

Quote:

Originally Posted by Slappin Fish (Post 15563183)

They made a survey in the UK a few years ago:

If the Euro was called the Crown would you be in favor of the UK joining?

The majority answered yes.

This is how deep the average person's understanding of currency is. I am guessing you are one of these average people.

:thumbsup

:1orglaugh

Why do I totally believe this?

CarlosTheGaucho 02-28-2009 05:01 PM

Quote:

Originally Posted by Ethersync (Post 15562960)
Yes, Austria is bad, but they are not nearly the only ones. European banks are leveraged much more than even US banks and the Eastern Europe problem is on a scale much larger than US Sub Prime. You seem to think that the problem is rather small and containable. You are going to be in for quite a surprise... :2 cents:

The problem is as big as this world.

The lazy white man gets eaten by the smarter lazy white man - the banker, and it's because the devil made them to give all the money and power in this world to stranger's hands during the past couple centuries of evolution.

Those who are holding your money are not the best to trust or rely on.

Lord Aga 02-28-2009 05:07 PM

http://www.nocomments.com/2/London04...elgo%20046.jpg

You nearly got me arrested this night! and not for climbing Nelsons column!

How u doing bud? :)

Quote:

Originally Posted by NoComments (Post 15562152)
when you import:
American music, American culture, McDonalds, Pizza Huts, etc,
you import American financial calamities too.
Good luck, Europe. The last American Depression was conquered thru the WWII in Europe.
Us, Americans, know thta and we can easily do it again! Have you seen Iran and North Korea working on nuks to kill us all? We'll save the world once again and our own asses in the process.


CarlosTheGaucho 02-28-2009 05:09 PM

Quote:

Originally Posted by Ethersync (Post 15562960)
Yes, Austria is bad, but they are not nearly the only ones. European banks are leveraged much more than even US banks and the Eastern Europe problem is on a scale much larger than US Sub Prime. You seem to think that the problem is rather small and containable. You are going to be in for quite a surprise... :2 cents:

Those are totally different systems that can't be compared on any level.

Did you ever try to apply for a mortgage or take a short term loan here in the Euro Socialist Empire?

Ethersync 02-28-2009 05:13 PM

Quote:

Originally Posted by MaDalton (Post 15563476)
people elect governments, governments make decisions. if government screws up they don't get re-elected. there is no perfect world, but so far this seems to be the most practical approach.

The people of Europe overwhelmingly do not support the Treaty of Lisbon (aka the EU Constitution). It was voted down in referendums in France, Holland, certainly would have been in the UK and arguably most of the rest of Europe had they not stopped having referendums due to lack of public support. Instead of listening to the people, politicians in pretty much every country in the EU, except for Ireland, decide to do a backdoor deal of sorts. Politicians in Ireland followed their constitutional mandate and had a public referendum on the adoption of the treaty (constitution) and, just like everywhere else in Europe that did the same prior, it was voted DOWN by the people. You criticize this and referring to it as "a kick in the ass"? Sorry, but you sound like a fucking fascist :2 cents:

CarlosTheGaucho 02-28-2009 05:18 PM

Quote:

Originally Posted by Ethersync (Post 15564003)
The people of Europe overwhelmingly do not support the Treaty of Lisbon (aka the EU Constitution). It was voted down in referendums in France, Holland, certainly would have been in the UK and arguably most of the rest of Europe had they not stopped having referendums due to lack of public support. Instead of listening to the people, politicians in pretty much every country in the EU, except for Ireland, decide to do a backdoor deal of sorts. Politicians in Ireland followed their constitutional mandate and had a public referendum on the adoption of the treaty (constitution) and, just like everywhere else in Europe that did the same prior, it was voted DOWN by the people. You criticize this and referring to it as "a kick in the ass"? Sorry, but you sound like a fucking fascist :2 cents:

If you show me one single EU citizen that does know what is the core subject of the Lisbon treaty and will be able to put together two sensible sentences about it I will believe you. :winkwink:

CarlosTheGaucho 02-28-2009 05:20 PM

Quote:

Originally Posted by Ethersync (Post 15564003)
You criticize this and referring to it as "a kick in the ass"? Sorry, but you sound like a fucking fascist :2 cents:

Please,

no strong words!

:1orglaugh

Ethersync 02-28-2009 05:25 PM

Quote:

Originally Posted by CarlosTheGaucho (Post 15564023)
If you show me one single EU citizen that does know what is the core subject of the Lisbon treaty I will believe you. :winkwink:

Sadly you are right now that they renamed the EU Constitution the Treaty of Lisbon and politicians are hoping that the ignorance of their constituents will allow them to sneak it through the back door. Except for Ireland... Who let their people vote on the matter. There are obviously plenty of EU citizens in Ireland who know what the Treaty of Lisbon is about... :2 cents:

Ethersync 02-28-2009 05:26 PM

Quote:

Originally Posted by CarlosTheGaucho (Post 15563994)
Those are totally different systems that can't be compared on any level.

Did you ever try to apply for a mortgage or take a short term loan here in the Euro Socialist Empire?

What is fundamentally different? I do not see it.

CarlosTheGaucho 02-28-2009 05:32 PM

Quote:

Originally Posted by Ethersync (Post 15564048)
I do not see it.

That's what I'm talking about, and I mean now the relation between the bank and its regular / ass fucked client that has to get administratively tortured to death anytime he needs to borrow a dime.

And this is not connected with any artificial crisis, this is the way it is eversince here.

You ONLY get money if:

a) it's a small amount and you get seriously ass fucked

b) you have something solid / with a value as a warranty

So this way they turn virtual assets into real assets - ingenious isn't it?

The spending / credit balance culture is just not here and the banks know it better than anyone else.

Ok I'm tired now, gonna watch some porn and go to sleep, let's continue tomorrow and make this weekend memorable.

maxjohan 02-28-2009 05:39 PM

Quote:

Originally Posted by wjxxx (Post 15562002)
It`s bullshit. Eastern European countries have really small debt:
Estonia - 3,4% GDP
Russia - 5,9 % GDP
Latvia - 7,4% GDP
Ukraine - 11,7% GDP

comparing with Central European contries:
Slovenia - 23,6% GDP
Czech Republic - 26% GDP
Slovakia - 35,9% GDP

or West European countries:
Netherlands - 45,5% GDP
Austria - 59,1% GDP
Germany - 64,9% GDP
Greece - 89,5% GDP
Italy - 104% GDP

The best is Japan 170% GDP, Lebanon 186,6% GDP and Zimbabwe 218.2% GDP

source http://en.wikipedia.org/wiki/List_of...by_public_debt

Dont show anyone this, you may get someone after your ass. They has to keep the fazad alive. Usa, western europe- all riches, all food, no loose dicks!

Ethersync 02-28-2009 05:47 PM

The problem is Western European banks have already lent an enormous amount of money to people in Eastern Europe (either citizens or western investors speculating) that are not and will never pay them back. You know how easy it was to get credit in most of Eastern Europe from about 2002/3 until around 2007/8? Have you been to Estonia, Latvia, Lithuania, Poland, Hungary, etc, etc...? You are right that the lax lending standards in Eastern Europe are not exactly the same as those in America... They are worse :(

Quote:

Originally Posted by CarlosTheGaucho (Post 15564069)
That's what I'm talking about, and I mean now the relation between the bank and its regular / ass fucked client that has to get administratively tortured to death anytime he needs to borrow a dime.

And this is not connected with any artificial crisis, this is the way it is eversince here.

You ONLY get money if:

a) it's a small amount and you get seriously ass fucked

b) you have something solid / with a value as a warranty

So this way they turn virtual assets into real assets - ingenious isn't it?

The spending / credit balance culture is just not here and the banks know it better than anyone else.

Ok I'm tired now, gonna watch some porn and go to sleep, let's continue tomorrow and make this weekend memorable.


onwebcam 02-28-2009 06:10 PM

Regardless of where you are from does any of this sound familiar?

“Very soon, every American will be required to register their biological property in a national system designed to keep track of the people and that will operate under the ancient system of pledging. By such methodology, we can compel people to submit to our agenda, which will effect our security as a chargeback for our fiat paper currency. Every American will be forced to register or suffer being unable to work and earn a living. They will be our chattel, and we will hold the security interest over them forever, by operation of the law merchant under the scheme of secured transactions.

Americans, by unknowingly or unwittingly delivering the bills of lading to us will be rendered bankrupt and insolvent, forever to remain economic slaves through taxation, secured by their pledges. They will be stripped of their rights and given a commercial value designed to make us a profit and they will be none the wiser, for not one man in a million could ever figure our plans and, if by accident one or two should figure it out, we have in our arsenal plausible deniability. After all, this is the only logical way to fund government, by floating liens and debt to the registrants in the form of benefits and privileges. This will inevitably reap to us huge profits beyond our wildest expectations and leave every American a contributor to this fraud which we will call “Social Insurance.” Without realizing it, every American will insure us for any loss we may incur and in this manner, every American will unknowingly be our servant, however begrudgingly. The people will become helpless and without any hope for their redemption and, we will employ the high office of the President of our dummy corporation to foment this plot against America.” Edward Mandell House

Ethersync 02-28-2009 06:17 PM

Quote:

Originally Posted by onwebcam (Post 15564211)
Regardless of where you are from does any of this sound familiar?

?Very soon, every American will be required to register their biological property in a national system designed to keep track of the people and that will operate under the ancient system of pledging. By such methodology, we can compel people to submit to our agenda, which will effect our security as a chargeback for our fiat paper currency. Every American will be forced to register or suffer being unable to work and earn a living. They will be our chattel, and we will hold the security interest over them forever, by operation of the law merchant under the scheme of secured transactions.

Americans, by unknowingly or unwittingly delivering the bills of lading to us will be rendered bankrupt and insolvent, forever to remain economic slaves through taxation, secured by their pledges. They will be stripped of their rights and given a commercial value designed to make us a profit and they will be none the wiser, for not one man in a million could ever figure our plans and, if by accident one or two should figure it out, we have in our arsenal plausible deniability. After all, this is the only logical way to fund government, by floating liens and debt to the registrants in the form of benefits and privileges. This will inevitably reap to us huge profits beyond our wildest expectations and leave every American a contributor to this fraud which we will call ?Social Insurance.? Without realizing it, every American will insure us for any loss we may incur and in this manner, every American will unknowingly be our servant, however begrudgingly. The people will become helpless and without any hope for their redemption and, we will employ the high office of the President of our dummy corporation to foment this plot against America.? Edward Mandell House

Interesting. I know that EMH was one of the founders of the CFR, but do you have a source for this quote?

Rico Shades 02-28-2009 06:17 PM

God please fall. I really, really would like to shoot those hot Euro sluts for $200. :1orglaugh:1orglaugh:1orglaugh

Ethersync 02-28-2009 06:19 PM

Quote:

Originally Posted by Rico Shades (Post 15564227)
God please fall. I really, really would like to shoot those hot Euro sluts for $200. :1orglaugh:1orglaugh:1orglaugh

Well USD parity with the Euro is certainly in the cards sometime within the next 12-24 months...

onwebcam 02-28-2009 06:29 PM

Quote:

Originally Posted by Ethersync (Post 15564226)
Interesting. I know that EMH was one of the founders of the CFR, but do you have a source for this quote?

It's from Woodrow Wilson's memoirs. House said this to him during a meeting around the time of the setup of the Federal Reserve.

MaDalton 02-28-2009 06:37 PM

Quote:

Originally Posted by Ethersync (Post 15564003)
The people of Europe overwhelmingly do not support the Treaty of Lisbon (aka the EU Constitution). It was voted down in referendums in France, Holland, certainly would have been in the UK and arguably most of the rest of Europe had they not stopped having referendums due to lack of public support. Instead of listening to the people, politicians in pretty much every country in the EU, except for Ireland, decide to do a backdoor deal of sorts. Politicians in Ireland followed their constitutional mandate and had a public referendum on the adoption of the treaty (constitution) and, just like everywhere else in Europe that did the same prior, it was voted DOWN by the people. You criticize this and referring to it as "a kick in the ass"? Sorry, but you sound like a fucking fascist :2 cents:

sigh... why the name calling? people can have opposite opinions without insulting each other on a personal level. at least I can. and this is really the first time in 37 years that someone calls me facist. it's almost funny.

Quote:

Originally Posted by CarlosTheGaucho (Post 15564023)
If you show me one single EU citizen that does know what is the core subject of the Lisbon treaty and will be able to put together two sensible sentences about it I will believe you. :winkwink:


here's the point: 99% of the people have no clue what the topic is about. public referendums are usually won by the party that screams louder but not necessaribly has the more reasonable points. this is why i don't like them. i still know that governments are by far not perfect, but still the chances that decisions are not influenced by short term marketing campaigns are much higher.

Ethersync 02-28-2009 08:24 PM

Quote:

Originally Posted by MaDalton (Post 15564271)
sigh... why the name calling? people can have opposite opinions without insulting each other on a personal level. at least I can. and this is really the first time in 37 years that someone calls me facist. it's almost funny.




here's the point: 99% of the people have no clue what the topic is about. public referendums are usually won by the party that screams louder but not necessaribly has the more reasonable points. this is why i don't like them. i still know that governments are by far not perfect, but still the chances that decisions are not influenced by short term marketing campaigns are much higher.

So ignore the "fascist" remark and tell me where I am wrong in the rest of what I wrote. Because it seems to me you are trying to say that the people of Europe should not have a voice in matters of national sovereignty because the EU political elite know what is best for them.

DWB 02-28-2009 09:39 PM

Quote:

Originally Posted by grumpy (Post 15561611)
Solving debt with more debt will neger ever work. Not for Eurpope not for USA

Yet everyone seems to be overlooking that.

Stock up on gold, you're gonna need it. :2 cents:

cykoe6 02-28-2009 11:00 PM

Quote:

Originally Posted by onwebcam (Post 15564211)
Regardless of where you are from does any of this sound familiar?

?Very soon, every American will be required to register their biological property in a national system designed to keep track of the people and that will operate under the ancient system of pledging. By such methodology, we can compel people to submit to our agenda, which will effect our security as a chargeback for our fiat paper currency. Every American will be forced to register or suffer being unable to work and earn a living. They will be our chattel, and we will hold the security interest over them forever, by operation of the law merchant under the scheme of secured transactions.

Americans, by unknowingly or unwittingly delivering the bills of lading to us will be rendered bankrupt and insolvent, forever to remain economic slaves through taxation, secured by their pledges. They will be stripped of their rights and given a commercial value designed to make us a profit and they will be none the wiser, for not one man in a million could ever figure our plans and, if by accident one or two should figure it out, we have in our arsenal plausible deniability. After all, this is the only logical way to fund government, by floating liens and debt to the registrants in the form of benefits and privileges. This will inevitably reap to us huge profits beyond our wildest expectations and leave every American a contributor to this fraud which we will call ?Social Insurance.? Without realizing it, every American will insure us for any loss we may incur and in this manner, every American will unknowingly be our servant, however begrudgingly. The people will become helpless and without any hope for their redemption and, we will employ the high office of the President of our dummy corporation to foment this plot against America.? Edward Mandell House

Is it necessary for you to post your asinine nonsense in a thread that has nothing to do with the US? Were you worried that we all forgot that you are clinically insane? Don't concern yourself as it has been duly noted. No need to post any more idiotic drivel. :321GFY

onwebcam 02-28-2009 11:43 PM

Quote:

Originally Posted by cykoe6 (Post 15564954)
Is it necessary for you to post your asinine nonsense in a thread that has nothing to do with the US? Were you worried that we all forgot that you are clinically insane? Don't concern yourself as it has been duly noted. No need to post any more idiotic drivel. :321GFY

:1orglaugh It has a lot to do with this topic you just don't know how to connect the dots. As far as what I posted it is from the memoirs of an Ex US President. So are you going to call him insane?

onwebcam 02-28-2009 11:49 PM

What the hell I'll help you out a little bit and since you would prefer it to be about the EU/UK maybe hearing it from someone from the UK will help.

It's an illusion
https://youtube.com/watch?v=V0IM7Hobd_k

Canadian?
Your Human Rights and the Illusion
http://video.google.com/videoplay?do...21377956329335

American?
The Right to Self-Determination
http://www.themillionairenu.com/comeout.php

spacedog 02-28-2009 11:51 PM

Quote:

Originally Posted by Jensen (Post 15561897)
glad we have some cash stacked away...

cash = $0 if the currency is devalued.

spacedog 02-28-2009 11:55 PM

Quote:

Originally Posted by onwebcam (Post 15564211)
Regardless of where you are from does any of this sound familiar?

?Very soon, every American will be required to register their biological property in a national system designed to keep track of the people and that will operate under the ancient system of pledging. By such methodology, we can compel people to submit to our agenda, which will effect our security as a chargeback for our fiat paper currency. Every American will be forced to register or suffer being unable to work and earn a living. They will be our chattel, and we will hold the security interest over them forever, by operation of the law merchant under the scheme of secured transactions.

Americans, by unknowingly or unwittingly delivering the bills of lading to us will be rendered bankrupt and insolvent, forever to remain economic slaves through taxation, secured by their pledges. They will be stripped of their rights and given a commercial value designed to make us a profit and they will be none the wiser, for not one man in a million could ever figure our plans and, if by accident one or two should figure it out, we have in our arsenal plausible deniability. After all, this is the only logical way to fund government, by floating liens and debt to the registrants in the form of benefits and privileges. This will inevitably reap to us huge profits beyond our wildest expectations and leave every American a contributor to this fraud which we will call ?Social Insurance.? Without realizing it, every American will insure us for any loss we may incur and in this manner, every American will unknowingly be our servant, however begrudgingly. The people will become helpless and without any hope for their redemption and, we will employ the high office of the President of our dummy corporation to foment this plot against America.? Edward Mandell House

Man... that's some fucking creepy shit there.

NoComments 03-01-2009 02:35 AM

Quote:

Originally Posted by Lord Aga (Post 15563984)
http://www.nocomments.com/2/London04...elgo%20046.jpg

You nearly got me arrested this night! and not for climbing Nelsons column!

How u doing bud? :)

I tried your ICQ, e-mail, all failed.
Let's get together, I am free as a bird now and will gladly try having you arrested again.
:)
Can we get Meat with us, so he could get arrested too!?
;)

CarlosTheGaucho 03-01-2009 04:14 AM

Quote:

Originally Posted by Ethersync (Post 15564134)
You are right that the lax lending standards in Eastern Europe are not exactly the same as those in America... They are worse :(

Wrong,

We're talking about the fact that someone went to a risky venture to earn a little bit more, and the timing was far from ideal, but it has nothing to do with the relation between banks and its customers and any "lending standards".

The access to credit in US and Europe can't be compared at any level, so can't be compared the consumer spending habits.

Just for illustration, for example in this worst, extremely boring pseudo socialistic shithole where I live now, the banks are making 53 pct. of their profit on small fees (meaning that you get charged for withdrawing money, getting a statement to your adress etc.) so they're making more from holding your money than from lending money.

CarlosTheGaucho 03-01-2009 04:24 AM

Quote:

Originally Posted by MaDalton (Post 15564271)
here's the point: 99% of the people have no clue what the topic is about. public referendums are usually won by the party that screams louder but not necessaribly has the more reasonable points. this is why i don't like them. i still know that governments are by far not perfect, but still the chances that decisions are not influenced by short term marketing campaigns are much higher.

Not to overlook the fact who was actually financing the whole Irish anti Lisbon treaty campaign.

Majority of the people will always be incompetent idiots, and the Gauss curve knows no compromise - that's the beauty of this world.

CarlosTheGaucho 03-01-2009 04:26 AM

Quote:

Originally Posted by Rico Shades (Post 15564227)
God please fall. I really, really would like to shoot those hot Euro sluts for $200. :1orglaugh:1orglaugh:1orglaugh

You can shoot the Euro Sluts for free, just make sure you don't get busted!

:winkwink:

Iron Fist 03-01-2009 04:39 AM

Quote:

Originally Posted by PurrrsianPussyKat (Post 15560516)
So wait.. americans aren't the only ones that lived beyond their means for years? I thought we were the cause of all the worlds ills. :winkwink:

No.. but you showed everyone else how to do it, and THAT is what makes you TWICE as bad! :disgust:disgust:disgust

wjxxx 03-01-2009 05:07 AM

Quote:

Originally Posted by CarlosTheGaucho (Post 15562137)
wjxxx

I will citate one of my all time favorite politicians Leonid Brezhnev:

Are you a fucking communist, or what ?

CarlosTheGaucho 03-01-2009 05:17 AM

Quote:

Originally Posted by wjxxx (Post 15565379)
Are you a fucking communist, or what ?

No, I never fucked a communist, yet.

I'm just a pathological cynic and have a little interest in the modern history.

I've also studied statistics among other things and worked with the government in the past.

These two things make me die hard sure those numbers are nowhere near relevant, it's just something to feed the masses with and to fill the "stats".

There are no relevant or accurate statistics in this world unless you provide them on your own and for something you have access to ALL the data and input.

Agression and hate is something I deeply love and practice, you should try to think too though - the risk of ownage is too high!

Ethersync 03-01-2009 05:52 AM

Quote:

Originally Posted by CarlosTheGaucho (Post 15565302)
Wrong,

We're talking about the fact that someone went to a risky venture to earn a little bit more, and the timing was far from ideal, but it has nothing to do with the relation between banks and its customers and any "lending standards".

The access to credit in US and Europe can't be compared at any level, so can't be compared the consumer spending habits.

Just for illustration, for example in this worst, extremely boring pseudo socialistic shithole where I live now, the banks are making 53 pct. of their profit on small fees (meaning that you get charged for withdrawing money, getting a statement to your adress etc.) so they're making more from holding your money than from lending money.

No offense, but you are just completely uninformed and wrong. Ironic since you live in Czech Republic. Anyways, you will see soon enough.


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