Posted on 05/26/2015 3:46:19 PM PDT by concernedcitizen76
And BTW, while I know economics, I am also an idiot at the lessons of life.
A fool of the first order.
Not a problem. Sometimes I really have to think about a response and then ask myself, okay, is it humor or sarcasm. Then I’ll ask if I can’t figure it out. I’ve been here going on eleven years and you’d be surprised how many posts I’ve had where people have gone off not realizing it’s one of the above. Then too, excuse my abruptness.
R/Janey
???
I cannot tell if your reply is satire or narcissitic sarcasm.
Finding the paragraph was easy. I find out beyond absurd that a company that has made hundreds of billions off of debt now decries debt. These bastards didn’t turn down Bush’s “too big to fail” money.
who was the most recent muzzie to receive a Nobel Prize for science ?
So, an illegal fiat currency and Federal Reserve System, that We the People have allowed to take root, aren’t the reason...but Goldman and Soros are instead??
Maybe not the $2T+ yearly budget defecit (again, beget by the above)?
Or the $120+T in unfunded liabilities instead (I really hate repeating myself, but there I go again).
And some people naively believe we have no more indentured servitude/slavery; tell that to the newborns with $50K/debt before they cut the cord.
According to one of the posters on this forum, the "world is doing just fine."
Pay no attention to those unfunded liabilities in the Trillions. You might "talk down" the markets.
Creating kaos to keep us busy
The Republicans wanted NAFTA, but today the open boarders aspect is an angle exploited by the Democrats that was unthinkable when NAFTA was envisioned.
Given the Democrats sly ability to absorb illegal aliens into the voter roles, might the Republicans also envision a similar plan to swallow both Canada and Mexico into a land grab of sorts for big business interests. Every action leads to either voters or campaign contributions (Iran is about campaign contributions to the DNC).
Eventually, Mexico will join the USofA and we will issue a new currency called either the American Dollar or the Dollar of the Americans, which will be issued in Mexico and the USofA. Canada to Argentina will also eventually use this currency, and the SECOND Trade Zone to complement the EU will be in existence.
Under this globalization scheme Russia will be given a Trade Zone/Currency; China too, India possibility, ASEAN also. As the World realigns into 5-7 Trade Zones each with common currency, National Borders will disappear as happened in the EU.
America will become the America's and South American and North American will be joined together in one great economic entity.
There is not enough M1, M2 or M3 money to ever pay off 20 trillion dollars. Ever. And if the fed ever let interest rates reach a market level the debt payment for the US would consume every damn dime they extort. There is no solution. The die is cast and all that crap. America is Rome redux.
When Soetoro gave General Motors to the unions over the objections of the public debt holders the legal protections afforded by bond covenants disappeared. I haven't bought a bond since. What happens when the rest of the world wakes up?
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