Posted on 12/31/2012 9:07:36 PM PST by blam
bump
and most Americans don’t think anything is wrong except those evil Republicans holding back more freebies
Bump
And Happy New Year Blam.
I correspond with someone in India on a regular basis. He tells me people there expect their food prices to skyrocket in 2013.
I like Kyle because he's Texan and also has 20 million nickels as a hedge against inflation...
10 Fascinating Facts About The Fabulous Life Of Hedge Funder Kyle Bass
bump
Food prices will go up here too.Another drought like last year-we will be in serious trouble.
Given we had close to 60 million voters for the R candidate, it would probably be easier to mobilize on a peaceful footing with real results. Not sure how the war proposal will inspire those unwilling to take action now with obviously fewer deleterious consequences.
The thing is Red China needs us to keep buying what they make, if they nuke us, they lose a huge market. Still, if they try to take us down, we must be reads to take them with us. We are in uncharted waters but I believe there is no mathematical way to pay off the debt, unless we print a 20 trillion dollar bill or something (that might not work either but when all else looks bad, well?), we might just as well default and reboot.
The only part of the article I disagree with is that it was “peacetime” debt. We’ve been in a cold war with communism for many decades, while they put their pawns in the government, schools and the media; laying their legislative roadside bombs the whole while. Their “H-bomb” was getting Obama elected, and it may very well turn into a “hot” war.
Ping.
Thanks for the link!
I have a way to go, but have many nickels.
I see a Civil War coming. We just can’t sustain this kind of spending! We’re already broke! Tax hikes without spending cuts in this new supposed “fiscal cliff” deal! Our rights being trampled, our guns being threatened. Not that I’m a big gun lover, but our Constitution protects our right to bear arms. Not for hunting, but as protection against an oppressive government. Obama has been the absolute best thing for gun sales which are through the roof as is ammunition sales.
First post for 2013
...and from SHTF....
Appropriate.
Happy New Year blam.
The BBC did a story a few months ago noting that there is double digit food price inflation in the world (15 percent rate).
Food isn’t included in the inflation stats here in the US, but back in 2011 the story from Australia was that food price inflation was running at 15 percent.
I make up the grocery list every week and read the prices and packages when I shop.
Food prices are going up either by the same package costing more or a new smaller package costing the same or slightly less.
THE BIG CULPRIT IN THIS IS THE USE OF FOOD TO MAKE FUEL (EHTANOL).
I'm lookin for a way off this planet and I'm not thinkin about suicide, either because that's a sin IMO!!!
If he's right... true peace is only gonna come from one place... you figure it out... Happy New Years and years and years, everybody, may you live in peace that passeth understanding!!!
The debt can be paid back, but the debt owners would have settle on getting just the principle back and forego any, and all, interest.
Even then, it would take 500 years for all this debt to be paid back by everybody.
Yes. It is the inevitable fate of fascist states to have to invade their neighbors right after they have destroyed their own wealth.
They need their neighbor’s resources to keep the party going.
Canada has vast untapped natural resources.
Mexico has a vast underutilized labor force.
(just sayin’)...
The leaders do have other options like the “botox Evita” of Argentina Kirchner did a few years back.
She seized all the private pension funds and combined them with the country’s Social Security system.
All that 401k and pension money in this country is still untapped to feed the monster.........
Yep. Inevitable doesn’t mean next. The USofA hasn’t yet had all its own wealth destroyed.
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.