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To: Jim 0216

Solution to our “ailing” economy? Oh, but things are far far worse ...

Well, truth be told - It is mathematically impossible to pay off a 21+ TRILLION DOLLAR debt. No matter what mechanism is put in place. It cannot be done ... And that number does not even consider $225 TRILLION in unfunded liabilities (75 yr horizon) and derivatives exposure. Let me put it into more concrete terms ... WE ARE SCREWED.

Money is a fungible proxy for mans’ ability to reason, labor, create and produce; it is your humanity - your “ability to work!” Time is money, literally, because money is a proxy for human capacity and productivity ...

U.S. GDP is approx. $15.5 TRILLION
Average U.S. wage is $20 / Hr.
Average work year is 2000 Hrs.

Now, think about our economy, not in dollars but in man hours of labor ...

15.5 TRILLION DOLLARS divided by $20/HR = 775 BILLION man-hours per year ...

775 BILLION man-hours dived by 200 man-hours per work year = a U.S. GDP of 387.5 MILLION man years ...

Since Money is a proxy, the true underlying unit of GDP is Man Hours or Man Years ...

NOW, THINK ABOUT THE LEVELS OF DEBT IN TERMS OF MAN HOURS!
Because THAT is how the debt will be paid! The U.S. national debt will be paid either in man hours, land acquisition, or blood ...

WE are the GOLD! WE are the MONEY! WE are the ECONOMY!
Now, think about that fact in context of what our society and culture has rotted into ...

Interest on money is therefore essential from both a moral and economic perspective. ZERO percent interest says that a man’s capacity to reason, labor, create and produce has no time value! (Sort of changes your perception about “usury,” eh?) ...

Now, the two political systems that are based on the worthlessness and hatred of the individual man are Marxism and Islam ... The two political systems that forbid interest are Marxism and Islam ...

Now, read Matthew 25 - The Parable of the Talents. When reading this passage. Yes that parable speaks of spiritual gifts; however, keep in mind that God CANNOT use an evil activity to illustrate a virtue. Therefore “usury” (interest) IS NOT EVIL! Now think about THAT in context of Banks that are charging NEGATIVE interest rates on treasury paper (Bonds): Switzerland, Denmark, Germany, The Netherlands, Finland, Austria - and soon the United States!

The problem is NOT Fractional Reserve banking - provided the reserve is non-zero and enforced - the problem is unbacked unsecured lending

Now take that $21 Trillion debt we owe, and convert it to man hours, and then into man years ... GOT THE PICTURE?

Here is the presentation of all the above - AND then some (It is 2hrs 30 min long - but well worth your time to watch):

https://www.youtube.com/watch?v=7bA_NbYSaGM

Then think about the conclusion (Goldman Sachs and the U.S. Government) as it relates to Speaker Paul Ryan and Senator Ted Cruz.

Exponential functions are parabolic. Two exponential functions will always diverge, and the larger will always consume the smaller. If debt increases 7% per year, and GDP increases 5% per year, the debt will, as a metaphysical certitude, utterly consume the whole as the steeper parabola zooms away from the shallower parabola.

https://market-ticker.org/akcs-www?singlepost=3382021

“There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.” - Ludwig von Mises

Fact is NOBODY can save us from our collapse - Not Cruz, not Trump, no human being on this Earth. That is the hard God awful truth.


4,087 posted on 01/17/2016 1:29:36 AM PST by WTFOVR (I find myself exclaiming that expression quite often these days!)
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To: WTFOVR

Cutting the $4 trillion federal government to its constitutional size which would mean about an 80% cut and lying off hundreds of thousands of government officials, bureaucratic heads, and workers is what it will take. CUT GOVERNMENT, and your deficit problem will basically not be a problem, but more importantly, our economy and our lives would thrive.

You touched on the core issue in all of this - turning to trusting the Lord and away from confidence in man and his government. This is NOT impossible and I have great hope that it will happen - a Spiritual Awakening.


4,088 posted on 01/17/2016 11:39:20 AM PST by Jim W N
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