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To: TigerLikesRooster

According to recent Chicago Trib article the following debt exists as a percent of GDP:

Japan Iceland Italy Greece Belgium
197% 145% 127% 123% 105%

France US Canada Germany
92% 86% 82% 92%

How bad off are we? I duno. How bad off is everyone else? The same or worse. Possible solutions? World war?

How do you get a planet full of people to pull their head out of their ass?

Do you know where I can get a fiddle for the impending fire?


20 posted on 02/14/2010 5:53:14 AM PST by 10thzodiac
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To: 10thzodiac

The first thing to do is to secure a place where you can play fiddle. It may be harder than getting a fiddle, because just about everywhere would be on fire.


21 posted on 02/14/2010 5:55:48 AM PST by TigerLikesRooster (LUV DIC -- L,U,V-shaped recession, Depression, Inflation, Collapse)
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To: 10thzodiac
The global future is option two. What follows, I don't know. World war, global depression, an attempt to foist a new global central bank on us, with a single global fiat currency, a return to the gold standar....the field is wide open. But the fiat era is ending.

"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 a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved."

-~~Ludwig Von Mises

25 posted on 02/14/2010 6:14:18 AM PST by Travis McGee (----www.EnemiesForeignAndDomestic.com----)
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