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Discussion in 'Survival/Preparedness Forum' started by emt1581, Mar 27, 2010.
I can't quite figure out if you are a genius or if you just think like I do...
Well BOTH obviously! Bet you were thinking the same thing...
Yep, I think about this more then I do the Bird Flu, or Natural Disasters. With our mounting debt it's only a matter of time before the government either stops sending the checks or goes totally bankrupt.
Another thread similar, and Greece heating up again. Along with financial pressure on all of us from high gas prices and unemployment still high.
This topic has been relevant since the leftists saw fit to make government the agent for promulgating equality in society when it has no business doing such things.
The New Deal started this whole thing and the Progressive Agenda has made handouts pretty much the central issue of this century. It wasn't ever what if the handouts run out, but just a matter of when. You cannot sustain any society when you have one group being able to vote themselves money off the backs of another group. It's a matter of time when everything collapses. It has never failed to come to fruition.
Exactly. Then again there is a first time for everything and if you have a global economy made of of indiidual countries that are willing to perpetually ignore the numbers (red/negatives) the system doesn't actually collapse because it is one massive illusion to begin with...no? I'm thinking it's only when supplies start to run out that the trouble starts/shows itself.
I do too but we won't go bankrupt and the checks won't stop coming. We will just print more and more money which will buy less and less stuff. Now that is what will piss off the people receiving government checks.
Yes, it is very easy these days - it is electronic money - the government doesn't even need to buy paper or ink.
Playing devil's advocate here....what is they move the value of the checks right along/up with the inflation?
Seems like those people wouldn't really care then no?
.gov will never admit to the true inflation numbers
This won't happen until other countries devalue our currency as well. What we will see is that there isn't anything to buy if you print too much money so the government will push the checks up a little while prices rise much more and inventory gets scarce. Unless of course we are different than every other country who has ever gone through this.
Economics = the allocation of scarce resourses. The currency has already died, the markets have not recognized it yet. It's like watching someone juggle... just waiting for them to drop a bowling pin or whatever.
Nothing to see here. . Move along. .
- America's Per Capita Government Debt Worse Than Greece...
- HALF of Americans don't pay income tax despite crippling gov't debt...
- Gas Prices Jump 10 Cents -- in Two Minutes!
...Yet, Crude inventories at highest level since 2001...
- US Debt To GDP Passes 101%
Yet the stock market is up today. . . .
Here's the real number to watch:
GDP is about 15 Trillion
Yearly deficit is 1.3 Trillion plus loan guarentees.
Increase in GDP is quoted as 2% or $300 Billion
But the yearly deficit counted as part of the GDP!
That's roughly 9 percent negative GDP less the shown increase = negative 7% GDP and we have been there for almost 3 years!
2007- 23 million on food stamps
2012- 46 million on food stamps
In 5 years! Scary!
This is certainly not a jab at you Uneasy...you're a good guy. But isn't it funny that even with all the FACTS there is still NO WAY to predict when reality will set in and all hell will break loose??
No problem EMT, it amazes me that the entire world is still pretending that everything is just fine too.
This might sound really stupid, but if you get rid of numbers and currency...I think we ARE fine. I mean there is clean water, food, medicine, etc... The only shortage seems to be in (backed) currency.
Or am I missing something and we actually are, as a species/planet, running out of something vital to our survival?
Again, easier said than done, but other than numbers and money...what's the problem? Maybe this is why reality does not set in and people are not rioting over computer figures....because their basic needs are still being met.
Same here... I think it's like the 1920's were super heated but the 1930's were well... toast.
Super heated as in successful?
Again, I'm thinking the only thing that is wrong are the numbers are soooo far out of whack. Otherwise everything else is fine in the tangible sense.