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To: cornfedcowboy

That just means past generations built up an amazing amount of reserve. Economic laws can only be toyed with for so long. It will be very bad in the long run.

Indescribably bad, imo.


8 posted on 10/14/2021 7:57:52 PM PDT by Jonty30 (My superpower is setting people up for failure, withwillout meaning to. )
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To: Jonty30
We talking about China; or US?
48 posted on 10/15/2021 4:31:40 AM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: Jonty30; cornfedcowboy
That just means past generations built up an amazing amount of reserve

There are no reserves.

There is a new money system, never seen before, which allows unlimited spending (which the people want) without inflation or personal suffering, but by basing money on debt instead of metal, the (paper) wealth of the money creators grows and grows.

It grows so much that they are having trouble converting it into assets fast enough.

Obviously this is unsustainable, but it will not end with dollars in wheelbarrows or trillion dollar bills, it will end with overwhelming rural poverty, widespread drug addiction, Chinese strip-mining of our assets, and the retreat of the money creators to their castle-equivalents in New Zealand, the ones who escape hanging.

78 posted on 10/16/2021 5:56:17 AM PDT by Jim Noble (The nation cannot be saved until the GOP is destroyed)
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