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On 20/11/2011 9:18 AM, bpuharic wrote:
On Sun, 20 Nov 2011 11:03:52 -0500, wrote: On Sun, 20 Nov 2011 07:09:35 -0500, X ` Man wrote: On 11/20/11 6:50 AM, bpuharic wrote: On Sun, 20 Nov 2011 01:08:55 -0500, wrote: On Sat, 19 Nov 2011 14:30:24 -0500, wrote: Bob? What's the matter, did Olbermann lie to you again or was it Thom Hartman? notice how the right denies we're in a depression? after all, the rich are doing great It's time to upscale the kinds of protests the 99% are engaging in and make them much more personal. Not violent, just personal. That 1% does seem to be more like 53% a nice little lie told by the right to make sure they continue to hate the middle class Maybe Bob is just preaching to the wrong audience. He should go to alt.roadkill.recipies if he wants to find people who are suffering like him. yeah let's just ignore what's happening in the US. perhaps we can be like egypt. Who knows? If you fleabaggers keep voting for the problem living like Egyptians might eventually become a reality. No wealth in a delinquent debt-corruption spending government. Just debt-tax slavery. In one economic model I maintain, goes something like this. As US debt increases, a slow but sure devaluation of USD will occur, and it could accelerate without much notice. Devaluation means fewer other countries will want the depreciating USD currency. With the Yuan appreciating on the USD, it will eventually replace the USD as the worlds reserve currency. In this scenario, a flood of low value USDs will render the US currency to a much lower value, say $100/gallon of gas. The model says the USA economy has passed its peek and will decline in prosperity for at leas 2 decades. The model uses the same theory as what actually happened with Japan's lost decades, so based on fact, not liberal academic bull****, it has much higher probabilities as it is based on actual precedent. Given China, Russia and India's momentum, USA will not just slide to second place, but at least drop to 3rd place or lower inside of 12 years. I predict 2nd place in 4 years. Hey, when no one wants USDs the US currency is going to go through a rapid devaluation cycle. Because the US government is so economically weak, it can't support the USD with higher rates. A zero rate declining economy will be the inevitable result. History is no going to treat the 2006 democrat congress, Bernanke and 0bama very well when the dust and bull**** clear. -- The reason government can't fix the economic problems as government is the problem. |
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