Important message and you better be ready

Discussion in 'Economics & Trade' started by Quadhole, May 2, 2019.

  1. Quadhole

    Quadhole Well-Known Member

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    I actually HOPE Trump wins again, thus destroying our economy with mountains more of debt. If you can weather another 5 years, it will be better coming out. Someone has to deal with the BS we have built over last 20 years, what a mess.

    Read this :

    https://matasii.com/us-ponzi-finance-stage-begins-in-2024/

    Sure Gordo would love to have the hits... One economist that is spot on and always tells the truth, unlike POTUS, FED, and big banks... We are in a world of trouble!
     
  2. Jimmy79

    Jimmy79 Banned

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    So another violent leftist that wants to destroy the country just to blame it on Trump. Got it.
     
    Lil Mike likes this.
  3. squidward

    squidward Well-Known Member

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    The FED is Marxist.
    Fifth plank of communist manefesto: central control of currency and credit.
    The FED and its Wall St member banks are your leaders. Supporting them is neither conservative nor captalistic.
     
    Last edited: May 2, 2019
  4. Jimmy79

    Jimmy79 Banned

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    This thread has nothing to do with the Fed.
     
  5. squidward

    squidward Well-Known Member

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    Our government spending & debt, consumer &corporate debt has everything to do with the FED. It will collapse, not because of a leftist's cheerleading for political gain, which the OP is guilty of, but because we let the leftist FED & Wall St Banks set us up for an evisceration and massive transfer of wealth. When our dollar won't buy crap any longer, and they own all of the significant tangible assets, including natural resources, water ways and land, we will be hosed, and living under the control of international bankers
     
    Last edited: May 2, 2019
  6. jay runner

    jay runner Banned

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    Aw hell, it's complicated. I'll say no more.
     
  7. squidward

    squidward Well-Known Member

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    Our credit bubble is 100% FED created.
    The malinvestment of 2008 has been papered over and magnified. Inefficient business has not been purged. We are now simple creditors to the banks where we hold savings. Last in line to get paid.
     
  8. Kode

    Kode Well-Known Member

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    No, no. He has to be stopped pronto or we will have a dictatorship. Anyone can see it is his great desire.
     
  9. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    I think what happened is the housing bubble created a large amount of inflation, and rather than letting the housing bubble deflate back to normal where it should have been, the Fed cemented and propped up that inflation permanently. Basically converting housing inflation into monetary inflation.
    They intentionally tried to prevent asset prices from falling. That just dragged on the misery making it more difficult for people to afford housing, but at least homeowners who already had home mortgages were happy.

    Of course we can blame that housing bubble on a lot of government policy.
    Immigration driving housing shortages and construction booms, Fannie Mae & Freddie Mac guaranteeing loans to low income people who couldn't afford it.
     
    Last edited: May 12, 2019

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