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This is how long we got
LoP Guest
lop guest
User ID: 405094
02-04-2017 05:38 AM

 



Post: #31
RE: This is how long we got
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Its all a scam.just grab what you can without getting caught.try to hold onto it until death.
Try your best not to work.unless you have to.
If weeds not legalized then the system is a scam for slavery.its obvious.the minions are oblivious and the ones who care dont know and the ones that know dont care.we are about to have the largest zombie fest in the world in about 20 more years as the boomers get dimentia , alzeimers or mad cow.

Why do you think they are pushing self driving cars and uber.theyll maybe push out the illegals and the rest will go to the kids still standing.a sack of debt.but lotsa land and houses as far as the eye can see.zombieland basically.
Now back to cookin spareribs!
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LoP Guest
lop guest
User ID: 397519
02-04-2017 05:51 AM

 



Post: #32
RE: This is how long we got
LoP Guest  Wrote: (02-04-2017 05:38 AM)
Its all a scam.just grab what you can without getting caught.try to hold onto it until death.
Try your best not to work.unless you have to.
If weeds not legalized then the system is a scam for slavery.its obvious.the minions are oblivious and the ones who care dont know and the ones that know dont care.we are about to have the largest zombie fest in the world in about 20 more years as the boomers get dimentia , alzeimers or mad cow.

Why do you think they are pushing self driving cars and uber.theyll maybe push out the illegals and the rest will go to the kids still standing.a sack of debt.but lotsa land and houses as far as the eye can see.zombieland basically.
Now back to cookin spareribs!

Yah, it's weird as the baby boomers retire they begin to draw benefits, and they reduce their spending. That's deflationary.

I think my calcs are rough but give a good idea that in about 6-8 years the interest on the debt is going to hit 1/3 of all tax revenues. After that, additional government deficit spending cannot be obtained because they will have to begin defaulting on bonds.

That's bad. That's how governments go bust. So, the only real answer is to start printing state currency because how else is the government going to finance itself?
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LoP Guest
lop guest
User ID: 397519
02-09-2017 12:36 AM

 



Post: #33
RE: This is how long we got
The government’s single biggest asset is $1 trillion in student debt

http://www.zerohedge.com/news/2017-02-08...al-reports

According to an analysis of the revised data, at more than 1,000 colleges and trade schools, or about a quarter of the total, at least half the students had defaulted or failed to pay down at least $1 on their debt within seven years.

http://www.zerohedge.com/news/2017-01-19...fault-data

eeek
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LoP Guest
lop guest
User ID: 397519
02-09-2017 01:52 AM

 



Post: #34
RE: This is how long we got
The current FUBAR situation is because banks hold a monopoly over the money we use, and they can fabricate as much credit as they want.

Until that situation changes we just keep sliding into a grave.
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Danger Dan
I do it all for Rock n Roll
User ID: 384462
02-09-2017 02:02 AM

Posts: 8,892



Post: #35
RE: This is how long we got
RON PAUL 2008
ronp
then - it mattered





Sorry bout the Noise
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LoP Guest
lop guest
User ID: 344469
02-09-2017 04:40 AM

 



Post: #36
RE: This is how long we got
Nope very little time left you see because the dollar isn't based on wealth anymore, it's based on debt and for a long, long time going back.

The debt dollar currency, not long to wait now.
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LoP Guest
lop guest
User ID: 397519
02-11-2017 04:50 AM

 



Post: #37
RE: This is how long we got
LoP Guest  Wrote: (02-09-2017 04:40 AM)
Nope very little time left you see because the dollar isn't based on wealth anymore, it's based on debt and for a long, long time going back.

The debt dollar currency, not long to wait now.

Something will break eventually, if nothing else then gold will enter permanent backwardation, and when that happens all physical gold will disappear, not for sale at any price and all currencies will lose their value in a short period of time.

Result: global depression
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new()
Ice-9 pirate
User ID: 396849
02-11-2017 04:52 AM

Posts: 13,280



Post: #38
RE: This is how long we got
it's only numbers
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LoP Guest
lop guest
User ID: 406145
02-11-2017 05:40 AM

 



Post: #39
RE: This is how long we got
Hyperinflation is what lies at the end of that road.
Buckets of money, and all of it worth less than the bucket.
Nothing will be collapsed, it will be squeezed until the tattered remnants scream.
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LoP Guest
lop guest
User ID: 397519
02-11-2017 05:46 AM

 



Post: #40
RE: This is how long we got
LoP Guest  Wrote: (02-11-2017 05:40 AM)
Hyperinflation is what lies at the end of that road.
Buckets of money, and all of it worth less than the bucket.
Nothing will be collapsed, it will be squeezed until the tattered remnants scream.

Credit/debt is like a program, it programs a certain part of the economy. It collects payments from that programmed part and counts part of each payment profit. Little gears, then those gears turn larger gears, and larger gears, it's a gigantic machine.

Each part of the machine is dependent on the gears turning, large gears depending on smaller gears, and so on.

So, logically once there is so much debt/credit in the system the entire system has been programmed, so any new problem that arises cannot be fixed because all resources have been programmed to service the debt and the engine blows a rod.
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LoP Guest
lop guest
User ID: 406159
02-11-2017 06:50 AM

 



Post: #41
RE: This is how long we got
debt to gdp ration used to be 60%

then US crossed that and economists started saying it was 90%

the us went to 105%

clearly doom cometh

but war doom comes first

I see US starting a war between China and Japan/Philippines/S Korea/Taiwan/Vietnam and then coming in to play hero.

They may or may not drag Russia onto the China side.

hopefully it goes nuke and they all vaporize
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LoP Guest
lop guest
User ID: 406159
02-11-2017 06:54 AM

 



Post: #42
RE: This is how long we got
LoP Guest  Wrote: (02-11-2017 05:46 AM)
LoP Guest  Wrote: (02-11-2017 05:40 AM)
Hyperinflation is what lies at the end of that road.
Buckets of money, and all of it worth less than the bucket.
Nothing will be collapsed, it will be squeezed until the tattered remnants scream.

Credit/debt is like a program, it programs a certain part of the economy. It collects payments from that programmed part and counts part of each payment profit. Little gears, then those gears turn larger gears, and larger gears, it's a gigantic machine.

Each part of the machine is dependent on the gears turning, large gears depending on smaller gears, and so on.

So, logically once there is so much debt/credit in the system the entire system has been programmed, so any new problem that arises cannot be fixed because all resources have been programmed to service the debt and the engine blows a rod.

actually debt is just a fiction

once they murder board all of the potentialities with creditors they can decide to default and tell creditors to get hosed

war is the best way to wipe the slate clean
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Яudis
Registered User
User ID: 405332
02-11-2017 06:54 AM

Posts: 10,671



Post: #43
RE: This is how long we got
When can we start CHOPPING off the Heads of Politicians YET?
Some one wake me up when we get to that part!

[Image: running_panther_by_otonashi_san-d4ct7db.gif] Tantummodo Crede.
Comrade Rudis of The USSA at your service.
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LoP Guest
lop guest
User ID: 397519
02-15-2017 08:11 PM

 



Post: #44
RE: This is how long we got
new()  Wrote: (02-11-2017 04:52 AM)
it's only numbers

I know it's crazy, it's all just numbers in an accounting system and we pretend it's more real than we are.

Think of all those billions people like Trump or Buffet are carrying around, and it's all fantasy, fiction.

1dunno1
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LoP Guest
lop guest
User ID: 397519
02-23-2017 12:36 AM

 



Post: #45
RE: This is how long we got
Haha wow, here's one on total credit market debt.

Total Credit Market Debt

Q1 1972 TCMD = 1837.77 (billions)
Q1 2008 TCMD = 53346.60 (billions)

53346.60 = 1837.77(1+i)^36
29.0279 = (1+i)^36
log 29.0279 = 36 log (1+i)
0.04063377 = log (1+i)
1.09808 = 1+i
i = 9.8%

The general rate of increase for total credit market debt from 1972 to 2008 was roughly 10% a year.

Meanwhile over that time GDP never grew more than 4% that means our total credit grew by 31x but GDP only grew by 4x

(1+0.1)^36 = 30.9x
(1+0.04)^36 = 4.1 x

Or, credit outpaced GDP by 7.5 times, 750%

Whaat?

Jptdknpa
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