Posted on 01/02/2015 2:41:00 PM PST by blam
The people in government that know this stuff are taking care of us.
It's just those doom & gloomers again.
It does not matter if the debt is $100 trillion, we're not going to pay it.
So relax, have another beer.
No more tax breaks for the rich!
The Elephant Dragon In The Room: China's Hard Landing, In 21 Charts
“So relax, have another beer....and don’t forget to save a bullet for yourself!”
Fixed it! :)
Well we all know this is gonna puke.
But the problem is WHEN?
That’s what I struggle with, and it’s the key to figuring out how to manage the rest of your financial life when you’re my age.
The rich can afford to move to anther country.
The rest of us will be dumpster diving to survive.
But I liked 17 trillion. *-/
Who cares what the debt is any more? It’s impossible for it to be repaid.
The whole of this country are in debt slavery and that was the whole point of this exercise was to subjugate a free people.
US Debt Soars By $100 Billion On Last Day Of 2014 to pay for The Golfing Emperor’s Vacation
The rich already have most assets in Euros.. or Yuan..
The smart ones..
it's smart to own euros or yuan?
Turkmenistan Devalues Its Currency By 18% – Start Of The Deflationary Contagion"Turkmenistan, the former Soviet republic, devalued its currency against the US dollar by 18% for the new year. Turkmenistan is energy-rich and this is the latest sign of seriousness of the collapse in oil. This will contribute to now force the dollar higher as commodities decline, the energy producing nations will be compelled to devalue their currencies in an effort to try to make ends-meet. Devaluations will result in an attempt to create inflation to offset the deflation. We are in a major economic collapse on a global scale. Most people do not understand that this is the real threat we face."
We’ve got a thing called a Central Bank, which can print all the money it wants via electronic credits, buy up all the Government or Government agency debt it wants (via its Wall Street banks, of course) and allow the progressive social-engineering scheme to carry on forever!
yes
because they're economies are so strong, productive and innovative? because they are founded on free enterprise and individual initiative? because they've invented nearly anything and everything of value for the last 200 years? because their interest rates must rise, making their currencies stronger vis-a-vis the dollar? because at least one of them is nearly entirely dependent on the US for its prosperity?
Note to self: purchase wheelbarrow to carry cash to buy loaf of bread.
NO.. because the US economy is being destroyed.. ON PURPOSE..
by “THEIR” allies in Congress and elsewhere..
Unless the new republican Congress gets lean and mean..
ODDS.... not great..
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.