posted on 11/30/2012 3:50:22 PM PST
posted on 11/30/2012 3:54:08 PM PST
We have a debt to GDP ratio almost as high as at the end of WWII.
Except we are at the end of a steady increase from about 1980 onwards that is spiraling out of control due to the effective hijacking of Congress by elitists.
And, we have a Soros, et.al., cabal running the government, intentionally trying to cause financial collapse so they can usher in changes that will end American sovereignty and the remainder of any rights respected by the government.
There is no cycle to it.
Were it not for George Soros, we would live in a completely different world, absent of his demented and destructive, though alluring, schemes.
posted on 11/30/2012 4:21:46 PM PST
(We have to fix things ourselves)
posted on 11/30/2012 4:34:35 PM PST
by Hotlanta Mike
("God only knows it's not what we would choose to do." - Lyric from Us and Them - Pink Floyd)
posted on 11/30/2012 4:35:56 PM PST
I’ve posted before that I think what happerns to us is what happened do the USSR. We don’t have to go way back to the Roman empire.........................
posted on 11/30/2012 4:41:52 PM PST
( (Lord, save me from some conservatives, they don't understand history any better than liberals.))
“Why do The Fed and other central banks around the world keep making these types of mistakes?”
Because they are the mistake.
Backers of counterfeit phony papermakers, in reality not backed by direct collateral.
posted on 11/30/2012 5:18:23 PM PST
by Varsity Flight
(Extortion-Care is the Government Work-Camp: Arbeitsziehungslager)
I’m no economist by any means, and I didn’t stay at a Holiday Inn Express last night, but I would imagine Deflation would destroy your common household today that is mired down with lots of debts. The Federal Reserve has no tools in its arsenal to fight it either. They can try to control INFLATION, but deflation turns Bernanke into a helpless bystander. I suppose he could mail everyone a $100,000 check. LOL
posted on 11/30/2012 5:31:36 PM PST
(Department of Homeland Security, Certified - "Right Wing Extremist")
When they are pumping $1.5 trillion of Monopoly money into the economy every year, deflation seems like a stretch.
posted on 11/30/2012 6:09:16 PM PST
economics bump for later...
posted on 11/30/2012 9:20:44 PM PST
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