The final collapse of the US dollar it is just around the corner

Discussion in 'Economics' started by SouthAmerica, Mar 10, 2011.

  1. I sent him money and tried to vote for him, but he wasn't on the ballot in Illinois, and write in's don't get counted there.

    He does advocate bringing the troops home and getting out of world policing. I don't recall him saying anything on religion, which to me is fine because it has no place in politics or government.

    I won't advocate, contribute or try to vote for him again. It was a total waste of many thousands of people's time, money, and effort. America has proved herself greedy, foolish, and ignorant, and deserves the ruin the ridiculous spending and associated debt will bring that lays before us.

    The only way out of this mess is a complete collapse, followed a generation later by a rebirth of the American spirit, much like happened from the 20's to the 40's. We had it all, but didn't learn what the real mistakes were in the last depression, and made horrifying worse mistakes trying to get out of it, which are now coming back to destroy us in this depression, because not only do we not have a solid base of wealth built on gold, but we find ourselves sitting on a foundation built on the largest, most atrocious pile of quicksand debt ever seen by the world. We will never recover from all the spending and promises against future production our government has made, not in our lifetimes, nor that of our children. That is the price for being ignorant of history's lessons. Like the one taught unintentionally by John Law. It is being retaught slowly, in real-time, today.

    I would change my tune if I saw an end to the trade and budget deficits, but I think if anything, the combined effect of them has worsened over the years, not improved, no matter what politically acceptable and perfectly idiotic schemes our government has tried. Take the budget and trade deficits and add them together. The bigger the number is as compared to production, the worse things are getting, in reality, IMO.
     
    #141     Apr 13, 2011
  2. olias

    olias

    You've just summed up humanity right there; not just America. And not just America of today. It's always been that way; always will.

    So let's not pretend that this is going to change, or throw in the towel because of it. We have to work with these existing conditions.
     
    #142     Apr 13, 2011
  3. piezoe

    piezoe

    I am in agreement, for the most part, with both you (Thrifty) and Olias on these matters. To Pekelo I would agree that we should just leave our discussion of Social Security where it is. We are not going to agree. Obviously I am an advocate for the Social Security system, and that's a minority view here.
     
    #143     Apr 14, 2011
  4. I really don't want to believe this. And I'm sure 99% of the population does not want to believe this. Anarchists must be having huge parties! Oh wait they don't organize.

    No this is actually kind of depressing. History does have a tendency to repeat itself and I recall from a history class in college that there were many, many empires that lasted no longer than 300 years. The US is quite young and I'd hate to see it go at this age.
     
    #144     Apr 14, 2011
  5. April 23, 2011

    SouthAmerica: Here is the world of illusion:

    How Money Is Created (Part 1 of 3)
    http://www.youtube.com/watch?v=AgKFLk9xffA&NR=1


    How Money Is Created (Part 2 of 3)
    http://www.youtube.com/watch?v=4wQWVxk49ts&feature=related


    How Money Is Created (Part 3 of 3)
    http://www.youtube.com/watch?v=BFMqsBAP4Q4&feature=related


    *****


    Money As Debt (Part 1 of 4)
    http://www.youtube.com/watch?v=mIIAvdJvCes&NR=1&feature=fvwp


    Money As Debt (Part 2 of 4)
    http://www.youtube.com/watch?v=f11De4_pGnw&feature=fvwrel


    Money As Debt (Part 3 of 4)
    http://www.youtube.com/watch?v=kTv1fo6sKmo&feature=related


    Money As Debt (Part 4 of 4)
    http://www.youtube.com/watch?v=3qicabStQkc&feature=related

    .
     
    #145     Apr 24, 2011
  6. #146     Apr 24, 2011
  7. You are wrong.

    SS is definately a Ponzi Scheme. But a good one. You assume all Ponzi schemes are bad, and SS is not bad, so SS cannot be a Ponzi scheme. But it is obvious to all SS is most definately a Ponzi scheme, albeit a good one.

    Why does everybody here assume Ponzi schemes are bad, I have no clue.
     
    #147     Apr 24, 2011
  8. When push comes to shove, will the American people decide to keep medicare,medicaid, social security or a deep cut in the military?

    The answer, I believe will be very clear.

    It is all very nice to feel macho and feel like they are the biggest dog in the house, but when it comes to the crunch and when people's livelihoods and standards of living are affected, more often than not their basic living necessities will take primal position.
     
    #148     Apr 24, 2011
  9. Assume you are sarcastic here. I think US will get worse country to live in however selected companies and army will(have?) unite and globalise and act as one.

    And there are 2 continuations from there:

    1. they prosper and grab the whole world and make anyone pay them appropriate taxes.
    2. they fail and there will be global unsettle on micro level.

    Option 1 is better. Even if tey are not that strong, people may let them be as option 2 is not pretty.

    Desperate act.
     
    #149     Apr 24, 2011
  10. April 23, 2011

    SouthAmerica: There many people who participate on forums like ET just to change the subject that is being discussed on a certain thread, and their only goal is to break up the discussion on certain subjects that the US government doesn't want you to know much about it.


    Here is the world of illusion:

    How Money Is Created (Part 1 of 3)
    http://www.youtube.com/watch?v=AgKFLk9xffA&NR=1


    How Money Is Created (Part 2 of 3)
    http://www.youtube.com/watch?v=4wQW...feature=related


    How Money Is Created (Part 3 of 3)
    http://www.youtube.com/watch?v=BFMq...feature=related


    *****


    Money As Debt (Part 1 of 4)
    http://www.youtube.com/watch?v=mIIA...=1&feature=fvwp


    Money As Debt (Part 2 of 4)
    http://www.youtube.com/watch?v=f11D...&feature=fvwrel


    Money As Debt (Part 3 of 4)
    http://www.youtube.com/watch?v=kTv1...feature=related


    Money As Debt (Part 4 of 4)
    http://www.youtube.com/watch?v=3qic...feature=related

    .
     
    #150     Apr 24, 2011