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To: Razzz42

Was it Thatcher who said, “The problem with Socialism is that eventually you run out of other people’s money.”

The socialists are finding money they way a diner licks his plate to get the last morsels of food. We’re about done and this is gonna get beyond ugly.

I love this analogy someone else brought up: The economy now is like a WWII aircraft carrier that has been fatally hit and the fires are burning uncontrollably as an anemic attempt is made to douse the flames.

But it has not hit the munition stores yet. The fireworks will be unbelievable and it will happen almost certainly before the November elections.


3 posted on 06/30/2011 11:16:35 AM PDT by RobRoy (The US today: Revelation 18:4)
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To: All

borrowing? They want to confiscate.


4 posted on 06/30/2011 11:22:17 AM PDT by newnhdad
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To: RobRoy
But it has not hit the munition stores yet. The fireworks will be unbelievable and it will happen almost certainly before the November elections.

Greece doesn't look good. Portugal and the rest of Southern Europe doesn't look any better. The bankers in Europe have been having fun with Credit Default Swaps, which guarantee that any sort of default, or even any "workout" resulting in lenders getting a haircut, will result in the implosion of the European (and probably the world's) banking system.

Meanwhile, the Germans and the rest of Northern Europe in less and less interested in bailing out failed socialist economies.

Watch for riots, and mass expulsions of unproductive immigrants from Europe, as the economy there gets worse.

Meanwhile, watch for some states in the US to go bust, followed by mass exodus of their welfare-classes as the states are unable to pay for any more social services.

13 posted on 07/01/2011 5:20:45 AM PDT by PapaBear3625 ("It is only when we've lost everything, that we are free to do anything" -- Fight Club)
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