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Mark Levin: Economy "Cannot Be Fixed Until There's An Ultimate Collapse" (audio)
RealClearPolitics ^
| December 11, 2013
| RealClearPolitics
Posted on 12/11/2013 8:10:15 PM PST by i88schwartz
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To: i88schwartz
Half of the country needs to find their virtual Galt Gulch.
2
posted on
12/11/2013 8:13:01 PM PST
by
Paladin2
To: i88schwartz
Yep, we have so many with hands in the pie that they will not do anything for the good of this country because to do so would take away their perceived entitlements.
They would rather IMO ride it all the way down collecting freebees than acting like functioning adults. This has been the change in our culture for the worse and why I agree, we are going down hard.
3
posted on
12/11/2013 8:14:58 PM PST
by
A CA Guy
( God Bless America, God Bless and keep safe our fighting men and women.)
To: i88schwartz
Well Levin has finally come to the party. The train is too far down the tracks and its just what moment in time the crash will happen.
4
posted on
12/11/2013 8:15:57 PM PST
by
Georgia Girl 2
(The only purpose of a pistol is to fight your way back to the rifle you should never have dropped.)
To: i88schwartz
there's not enough currency on the face of the earth to address that Actually, there is. Or to be more accurate, there will be. You've got a $100 trillion debt? No problem. Just print a trillion $100 bills and the problem is solved.
And I'm not being sarcastic here. The Fed's refuse to rein in spending. So hyperinflation is the only other option. And that's the choice that they'll make, sooner or later.
5
posted on
12/11/2013 8:21:18 PM PST
by
Leaning Right
(Why am I holding this lantern? I am looking for the next Reagan.)
To: i88schwartz
Be careful what you ask for Great One.
6
posted on
12/11/2013 8:24:03 PM PST
by
BenLurkin
(This is not a statement of fact. It is either opinion or satire; or both.)
To: Georgia Girl 2
He has been in denial for a long while. Or he just did not want to vocalize it on air.
7
posted on
12/11/2013 8:27:01 PM PST
by
riri
(Plannedopolis-look it up. It's how the elites plan for US to live.)
To: i88schwartz
Translation: His money is not in our banks.
8
posted on
12/11/2013 8:29:19 PM PST
by
Beowulf9
To: Georgia Girl 2
I think many people know this will happen. We are screwed.
9
posted on
12/11/2013 8:35:22 PM PST
by
volunbeer
(We must embrace austerity or austerity will embrace us)
To: i88schwartz
So how much time so we have?
10
posted on
12/11/2013 8:38:35 PM PST
by
MNDude
To: MNDude
My prediction....as soon as GOP wins majorities and/or Presidency....then the roiling will start....to make it look like it is the GOP’s fault, of course.
11
posted on
12/11/2013 8:45:23 PM PST
by
goodnesswins
(R.I.P. Doherty, Smith, Stevens, Woods.)
To: Leaning Right
Cannot print 100 trillion. In the largest US denomination we do not have enough ink or paper in the US Mint to print 55 trillion. For everyone edification, the ENTIRE WORLD GDP is 65 trillion and our debt exceeds that. We have not even discuss the US Treasury backing of Fed Reserve deals with the six large Wall Street banks and overseas banks, where we made loans or guarantee derivatives held by these banks to insure they do not collapse. Estimate add another 100 trillion to the already 100 trillion mentions by Levin. Preppers and Gold Bugs may not be so nutty after all.
12
posted on
12/11/2013 8:45:53 PM PST
by
Fee
To: Leaning Right
Just print a trillion $100 bills and the problem is solved More likely they'll print 100 trillion dollar bills.
13
posted on
12/11/2013 8:48:05 PM PST
by
Smedley
(It's a sad day for American capitalism when a man can't fly a midget on a kite over Central Park)
To: i88schwartz
Every fiat currency fails eventually.
It is not a matter of "if" but instead a matter of "when".
14
posted on
12/11/2013 8:51:09 PM PST
by
Mad Dawgg
(If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
To: goodnesswins
Form the 'left' pov.
15
posted on
12/11/2013 8:56:49 PM PST
by
Theoria
(Obama lied. My health care died.)
To: riri
“He has been in denial for a long while. Or he just did not want to vocalize it on air.”
I believe it is the latter.
16
posted on
12/11/2013 8:57:24 PM PST
by
Paulie
To: i88schwartz
I think conservatives vs everyone else, will have great trouble agreeing on what constitutes “the fix”.
17
posted on
12/11/2013 9:00:00 PM PST
by
Secret Agent Man
(Gone Galt; Not averse to Going Bronson.)
To: Fee
Cannot print 100 trillion. Remember, most of the newly "printed" money will exist in electronic accounts only, and will be shuffled between electronic accounts only.
Everyone will still get their promised social security checks, welfare checks, etc. Only they'll be paid with made-up electronic dollars. That will kick the can down the road another decade or two.
So it's either hyperinflation or revolution.
18
posted on
12/11/2013 9:07:26 PM PST
by
Leaning Right
(Why am I holding this lantern? I am looking for the next Reagan.)
To: i88schwartz
19
posted on
12/11/2013 9:08:19 PM PST
by
BunnySlippers
(I LOVE BULL MARKETS . . .)
To: i88schwartz
When it does hit how can we survive?
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