The new economic crisis

Discussion in 'Political Opinions & Beliefs' started by Blizzard, Feb 21, 2019.

  1. Blizzard

    Blizzard Member Past Donor

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    I'm sorry for posting a scary message, but the super-rich want to collapse the Western economies as soon as possible.
    This is not a prophecy, this is simply reading their intentions.
    There is plenty of evidence that the super-rich want to create another economic crisis. The first one - 2008 - was just a preparation for this one, it will be much worse than the first. Peter Schiff predicted the first one and he also claims the next crisis is close and that it's going to be much worse than the first.
    The Western countries are incapable to pay their debts. So there will be a debt crisis, you can't just give money and never get it back. The system is infested with bloodsuckers, the governments are borrowing money from the shady financial institutions and the corrupt politicians are stealing all the money. The people are too busy watching Game of Thrones and sports, they have no idea how to stop the looting.

    The most likely institutions to collapse first are the retirement funds. Say goodbye to your retirement, those institutions are lending money to your corrupt government and the money are looted and sent to the Swiss bank accounts of your super-corrupt politicians.
    If you want to increase your chances to survive then you should dismantle these institutions - they are just instruments used by the super-rich to collapse the economy anyways - and replace them with cooperative banks and cooperative investment funds. The private property is very good (and cooperatives are also private properties) but allowing the concentration the wealth and the power in the hands of such criminals like the current international bankers is actually like signing your death warrant. The same with the big corporate banks - JP Morgan Chase and Bank of America are good example of criminal banking, they looted the money of their depositors and the US administration did it's best to protect them.

    If you want to increase your chances to survive, then remove the big land ownership ASAP. In times of crisis, the big corporations and the big land owners refuse to work the land in order to starve the population. They will invent something like "we don't have money for fertilizers" and such.
    That's what they did in 1850 - Irish Genocide, and that's what they did in the Great Depression - 1930.
    The government, the police and the army will defend the super rich and they will do your best to prevent you from accessing that land and to produce something to be able to survive. They will claim that starving you is necessary "for protecting the Holy Private Property" and "to avoid disasters".
    The administration is infested with bloodsuckers (just look at the US Senate to see some of the most dreadful of such criminals) but they are just a mirror of the society.

    The media and the corporations created a culture of greed, selfishness, indifference, cynicism and desire to take advantage of the others. It's enough to look at the face of the people these days to get sick - all those "qualities" are printed on their faces. The people think that the selfishness are a proof of intelligence these days.
    Your sickness is spiritual, greed is a spiritual sickness, you can be an atheist and you still believe in the spirit - it is represented by your intentions and attitude. Your intentions and attitude are - generally speaking - truly sickening. You should go to a protestant church (Lutheran, Calvinist) and learn about solidarity. The power of USA consisted in religion and the solidarity promoted by the protestant religions.
    Faith is not the belief that God or the Fairy CandyCrush exists, faith is your desire to do good things. An atheist can have more faith than a religious person.
    Today, the faith is the only way to save yourselves. You have to give up selfishness and to learn to help each others if you want to survive. Otherwise you will start to kill each others when the super-rich will give the orders.

    The super-rich also want to collapse the society.
    Paralyzed by your own selfishness and vanity, you will be incapable to cooperate and to coordinate yourselves, you will be very weak and defenseless and you will be an easy prey for the Latin American organized crime, these people are very organized and the Latin Americans are very obedient in front of such gangs. That's why the super-rich want mass immigration, to increase the poverty, the corruption and the chaos in your countries

    It's enough to look at the CNN followers these days to understand the collapse of the society is imminent. They think they are superior and charitable socialists just because they hate Trump. The CNN followers are hysterical and violent, if you dare to disagree with them, then they scream like nuts that you are a racist, a troll, a Russian and a robot. Madonna is just a silly victim of the hysterical propaganda of the American big media, she wants the Chinese to die and she wants to put a bomb at the White House - that hate comes from the media, she just has a weak mind and she propagate the trash that enters in her mind.

    As I said, there is plenty of evidence, it's under your nose but the best place to hide the truth is in the public, so you are not used to compile what you see. You can ask me anything, the answers are easy to be found.

    The bottom line is: give up selfishness, because today the selfishness is the only religion of the people and the money are their true god. You have to do that if you want to survive.
    If not, then.. may God have mercy on your souls!
     
    Last edited: Feb 21, 2019
  2. doombug

    doombug Well-Known Member

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    Why didn't you just post: "Yay Communism!" And be done with it?
     
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  3. Dutch

    Dutch Well-Known Member Past Donor

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    Very scary indeed; thank you for the warning . :hiding:
     
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  4. Pollycy

    Pollycy Well-Known Member

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    Peter Schiff is a very controversial person, to say the least, although it can be stated factually that he saw the 'Great Recession' coming way before it arrived. Honestly, so did I, but, anybody looking at the economy objectively in, say, 2006 could see it coming like a freight train -- and I don't profess to be an expert on the economy....

    Here's a Wiki on Schiff for those who are totally unfamiliar with him: https://en.wikipedia.org/wiki/Peter_Schiff

    Look, I don't want to start some big argument about Schiff... I'll let others do that, and they probably will... people usually hate him or love him. Instead, what I'll point out regarding a big "next time" gigantic recession (or whatever they decide to call it) is that rightly or wrongly, CENTRAL BANKS WON'T LET THE ECONOMY COLLAPSE! I'm talking about the Federal Reserve System in this country, and other central banks throughout "the West", like the European Central Bank, the Bank of England, the Bank of Japan, etc.

    These central bankers 'print' money in whatever quantity they wish, they artificially regulate interest rates (regardless of actual demand for cash), they DO pick "winners and losers", they DO rescue those they consider "too big to fail", and they HAVE bought trillions of dollars in toxic, near-worthless paper crap to impose their 'economic reality' on the world -- except for two countries -- Russia and China.

    It could be that Schiff is 99% correct in his predictions about economies going forward, and it might be that his examples are based in fact and demonstrable examples. It doesn't matter, because now the central banks of "the West" have TOTAL control over the economies of the United States, Europe (except for Russia), Japan, and a few other major 'players' -- and whatever their sins may be, these central banks will simply not ALLOW for there to be a collapse! They'll go on buying "bonds", supplying artificial money whereever they want to put it, create more money out of nothing but their imaginations, and micromanage everything of consequence throughout "the West".

    The only dangers I see to our funny little way of economic life in "the West" are in two people -- Vladimir Putin and Xi Jinping... who unfortunately for us happen to be the two smartest leaders -- by far -- in the world. But, I don't see either of them having the ability to seriously disrupt our economies in "the West" for at least another five years, and maybe longer....
     
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  5. doombug

    doombug Well-Known Member

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    The OP sounds like an infomercial that is selling gold and silver.....
     
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  6. Blizzard

    Blizzard Member Past Donor

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    Speaking of communism, you should know that marxism is the most anti-communist ideology. That on top of being a violent and a terrorist ideology.
    But the marxism is advertised as communism because the super rich want:
    - to scare you from communism
    - if you have inclination towards communism, then to misguide you towards marxism, to feed incompetence and violence. So you will become a good instrument for scaring the others.

    The communism is the natural state of the human beings who are helping each others. In such a community, the people make sure that everyone has a job and affordable housing, using cooperatives and small enterprises. Many times, they are communists without even knowing it. The Amish people give a good idea about what communism actually is.
    The marxism is an ideology for criminals and psychopaths, the marxists only talk about the class struggle because the criminals only want more violence. When they get in power, they confiscate the cooperatives (because they are private properties) and then all the workers are becoming slaves for the marxists. Without any shame, they call the state-owned enterprise "cooperatives". There are no cooperatives in the marxist countries.
    When they get in power, the marxists are killing you if you dare to disagree. They kill you if you complain about corruption and they kill you if you want to escape by leaving the country.
    The marxists are slave-owners, they are truly dreadful capitalists.

    But the super-rich want you to believe that marxism is communism and they invest a lot of money in that. Occupy Wall Street for example is a project financed by the rich people in order to maintain the confusion. They maintain this cult of Karl Marx, the cult of violence because they are actually scared of communism, they are scared by the fact that the people can actually solve their problems. The super-rich want you to be incompetent, to be incapable to cooperate and to coordinate, to hate each others, they want you to fight each others and they want you to kill each others, if possible. And in times of crisis, you are doing exactly that!

    These simple facts alone prove that your society is built on a network of lies. And it will collapse and it will be washed away like a castle made of sand.

    The politicians always take the money of the poor in order to give it to the rich. They always do that. Only for General Motors they gave 10 billion $US - not in bailouts but for free. These are the money of the poor people - 10 billion $US to pay the government workers. Why not to tax the rich instead? Why not to actually put those top CEOs to pay the damages - they have plenty of money, they have astronomical incomes, why to have the poor people pay for the damages? Why don't you put a tax on the rich - 1% of their wealth so you have an emergency fund for the bailouts?
    When you are stealing the money of the poor, that's charity. You always increase poverty "to improve the economy".
    But when someone asks you to tax the rich and to put a tax of 10% of their wealth, you scream like nuts "communism!"
    You always nationalize the wealth of the poor and you give it to the rich.
    But when asked to tax the rich, you scream horrified "amigad, nationalization!"

    Taiwan is a very capitalist country and they made a land reform in 1950 - they took the land from the rich and they gave it to the poor peasants so they developed a middle class. So you don't have to be a communist to tax the rich.

    Today, you destroy the middle class "in order to improve the economy". Some things are going very wrong in the Western society today. If you don't give up your selfishness, if you won't learn to cooperate in order to fix those problems, then you are living the last days of the world as we know it.
     
    Last edited: Feb 21, 2019
  7. doombug

    doombug Well-Known Member

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    Wrong. It is all the same. This ideology has raised its ugly head so many times throughout history and each time it chooses a different name. It is part of the con game.
     
  8. Blizzard

    Blizzard Member Past Donor

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    My pleasure.
    Instead of hiding you under the chair, you should better wake up and let others know such things and you should start to learn how to tax the rich and then you should actually tax the rich.
    Instead of cowering in fear, you should learn to cooperate and to create strong, independent communities (like the Amish people are doing), so you will be able to manage and to defend yourselves in times of crisis.
    In the Great Depression (1930), the Amish people were less affected by the crisis than the rest of the people. That alone is a very valuable lesson, you should learn from that, if you want to increase your chances to survive.
     
  9. Blizzard

    Blizzard Member Past Donor

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    Wrong. The communism is a natural state of the human society. Check the primitive communism article on Wikipedia. The communism exists since way before the communist ideology was invented.

    The communists are building.
    The marxists are destroying.

    This is the fundamental difference between communism and marxism.
    Please indicate when the communism (not the marxism) was raising it's ugly head.

    The cooperatives exist since a long time ago, centuries before Karl Marx was born. The cooperatives do not hurt the economy. By the contrary - they are private property and they are very beneficial to the economy.

    The super-rich want you to believe that communism is scary, because agricultural cooperatives can maintain the food supply in the country. In times of crisis, the super-rich will use the land ownership to starve you. They did it before and they will try to do it again. There are plenty of signs and evidence of what they are preparing for you - a very nasty surprise.
     
  10. Blizzard

    Blizzard Member Past Donor

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    The Western propaganda about Russia and China is extremely violent and hysterical. Madonna is just a silly victim of that hysteria - she wanted the Chinese to die after the earthquake in 2008.
    I am from Romania. There, all the politicians are stealing each year more than the annual GDP from the taxpayers and consumers and they send the money to their bank accounts in Switzerland. So they execute the orders international bankers with impeccable quality of services.
    The entire Romanian society can be collapsed with a simple "Swiss Leaks" that will reveal the names of the people having money in the Swiss banks. The people in administration will run like the rats on the sinking ship, the people will be after them with slogans like "kill a politician today" and the whole administration will fall.
    The problem of the international bankers is that they can't collapse the administration of Russia and China in this manner, and that's why their "journalists" in the big media create such a hysterical propaganda about Russia and China.
    The situation of human rights is much worse in Africa and in the Latin America and in many other Asian countries than it is in Russia and China.
    USA pulverized Iraq but they complain all day because Russians got back their own land - Crimea. The hypocrisy of the American media and propaganda is truly sickening.
    On top of that, all the big criminals in the world (drug lords, corrupt army generals, organized crime leaders and corrupt politicians) save their money in the Western banks so the West is helping these criminals to keep billions of people in poverty. The hypocrisy and the criminality of the Western society can easily be a negative reference throughout the entire galaxy.

    Those "economists" in the central banks are all "bootkissing" the international bankers. They execute the orders of the big bankers without any spark of consciousness bothering them.
    The entire US administration had no economists who understand that the real estate speculation is a bad thing and it is increasing the poverty of the Americans.
    Even today, the US administration has no strategy whatsoever against the speculation that locks a lot of people in poverty. Instead, their strategies are made to increase the speculation - in the real estate sector and the costs of education too.
    The banks were all working together to increase the real estate speculation, there was no bank to speak against it and to do something against it.
    So they all work for the international bankers, they all follow the same orders: the banks, the corporations, the politicians and the media. They are all working to increase the poverty as much as possible and they will never stop.
    That's why you have to learn to tax the rich.
    Put a 10% tax on the wealth of the rich. Or a 10% in the incomes that are higher than the medium income. Gather all the collected money in a separate account - to have transparency and for the public to actually be able to measure the amount - and then pay a part of the debt of the country. The money will get back to the rich anyways - they are the ones lending money to the government so they will not be affected but the looting will stop or it will greatly slow down.
    Yes, the central banks can prevent the total collapse of the economy (if they decide so) by printing a lot of money but the inflation they will create will greatly increase the poverty.
    When they rich a critical mass (poverty > X), then they will start to starve you.

    Instead of watching Game of Thrones and Sports, you should better learn how to get together and find the sinks that drain your money because the administration is infested with bloodsuckers. Trump doesn't realize what is going on and the US administration is actually a kind of cadaver with a lot of worms eating it's rotting flesh. Sorry for the unpleasant picture but that's quite an accurate description of the current situation.
    This time the public has to do the fight against corruption because the FBI is too corrupt and it doesn't do anything against the corruption. When the bosses of your institutions created for protecting you are actually defending criminals, you know that your administration will collapse soon: "Ex-FBI director defends businessman Puiu Popoviciu, wanted by Romanian authorities". The FBI boss should have a high ethical and moral profile yet he is just a puny smuggler connected to the network.

    Taxing the rich will not affect the companies. Say Bill Gates has 50% of Microsoft. So after the 10% tax, he will have 45% of Microsoft. The government will have the rest - 5% of the shares. Then the government will sell those shares and then it will have money to pay the debts of the country. And for building a bailout emergency fund and so on.
    So a tax on the rich will not reduce the jobs, it will not affect the companies, it just transfers the ownership of the companies from the rich people to the rest of the society. We have economic issues, the poor people always has to pay for the damage, now it's the time for the rich to pay the damages too.

    And if you want to reduce your chances to starve, you should create communities based on cooperation and honesty, communities able to feed themselves, using the Amish communities like a reference. If you don't participate directly, then you can invest your money in such communities. Taxing the rich can greatly accelerate the process. It's enough to start one such community and that alone will spark the initiation of thousands of other communities like that. You have to re-build your society on different principles because the current society will collapse soon anyways.
    You can't keep going like this forever: your selfishness and greed and indifference and the desire to take advantage of others is already consuming you and you are getting very close to the moment when you will start to kill each others in a frenzy.
    The world will change anyways but hopefully you will make the right decisions and you will avoid getting to extreme violence like you did in the Irish Genocide (1850) when you starved your brothers to death while the country was exporting food.
     
    Last edited: Feb 21, 2019
  11. Blizzard

    Blizzard Member Past Donor

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    Peter Schiff predicted the crisis, he was speaking his mind honestly. In reality the controversial people are those bankers who were looting the money of their depositors (Bank of America, JP Morgan Chase) and the politicians covering them.
    The controversial guys are those bankers, politicians and journalists who did their best to maintain the real estate speculation and to convince the people that the real speculation is actually beneficial to the economy.
    Peter Schiff predicted the crisis. Nouriel Roubini also predicted the crisis. One was almost completely ignored and forgotten but the other was made the super-mega-star of the economic crisis. The messages of Roubini always spread scary but confusing, unusable warnings. In the same time, the message of Schiff was very clear, short and concise: stop consuming and start producing.
    The media promotes "bootkissing" "experts in economy" like Roubini because they are useful for spreading confusion and to maintain the people incapable of understanding what is actually going on and how to fix their problems.
    Roubini is just an incompetent person, he is not capable to do anything, he just spreads misleading information whenever he gets some cash for doing it. It's hard to make a living these days when you are not capable to do anything and when you are not capable to even think for yourself so it's not so hard to understand the true motivations of Nouriel Roubini.

    In the same time, the banks, the politicians, the "economic experts" in the media and the journalists can never see such obvious things. And the central banks also could not see the thing that was so obvious.
    So it's extremely strange for you to feel so confortable and confident that these guys are not actually a big danger for the society.

    No, the economy will not collapse. Only the retirement funds will collapse. And some banks, and some corporations, and then their solution will be to increase the poverty "to improve the economy".
    They always did that. In the Irish Genocide (1850), they didn't allow the economy to collapse either. They just starved the people to death "in order to fix the economy". That's what they always do. They collapse the economy of the majority of the people (the poor and the middle class) at the benefit of the economy of the few (the rich). The people die starving but the economy is still going forward indeed. The economy was working, the country was exporting food while the people died starving.
    So it really looks like you have a very flexible definition of the concept of "collapsing the economy".

    And then from such point of view, I can understand you: the central banks will not allow the collapse of the economy. They will just help the super-rich to increase the poverty of the people. They will print money and they will pay all the amounts of money looted by the super-rich and by the corrupt politicians. But that means inflation, the wages will stagnate and the prices will increase, that means the buying power of the Americans will be reduced dramatically, and that actually means increasing the poverty.
    In fact, printing money as a "solution" for paying debts means taxing the poor. Because it's the poor people who have to accept lower wages (in terms of real buying power). But it's a way to increase the tax the poor in a way that confuses the victim so they don't understand what is actually going on.

    Instead, why not to tax the rich to cover the debts and to burn those toxic assets?

    The principle of the economics are very simple and clear. The problem is that the media is serving the super-rich and they always do their best to send messages from "experts in economy" that induces in the public the feeling that the economy is beyond the comprehension of the common people.

    Having confidence in criminals will be your own undoing. The principles of life are very clear and simple.
     
    Last edited: Feb 21, 2019
  12. Blizzard

    Blizzard Member Past Donor

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    Depending on how you want to look at it, my message can be similar with various things.
    But speaking of gold and silver, your gold and silver is the land. Invest in small farms and in cooperative farming. They are using the land for producing the food you need.
    On the other hand, in times of crisis, the corporations will use the land in order to prevent the production of food and to starve you. To death, if possible.
    They did it before, they will do it again.

    Another necessary investment is to learn how things work and to manage to find a way to tax the rich. Spend your money wisely, get a vacation and think the things through and understand what is actually going on. Stop the routine that keep you confused and incapacitated and get a break and think about things. It doesn't matter how long you have to take a break. It can be months or even years (also depending on how much you can afford) but it's really worth doing it. Having a good amount of knowledge and a good understanding of things can greatly improve your life and it can even make the difference between life and death.
     
    Last edited: Feb 21, 2019
  13. Blizzard

    Blizzard Member Past Donor

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    Then how about today?
    You could predict the economic crisis of 2008 so you should be able to see the next one too.
    There are plenty of evidence and signs that show an incoming economic crisis, can you see them?
     
  14. Blizzard

    Blizzard Member Past Donor

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    Last edited: Apr 23, 2019
  15. Quantum Nerd

    Quantum Nerd Well-Known Member

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    Do you spend too much time on "zerohedge" or gold bug websites?

    Peter Schiff has been peddling doom and gloom for many years. Why? Because he profits from people listening to his message and then buy gold from him:

    https://schiffgold.com/
     
  16. ralfy

    ralfy Active Member

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    Before 2008 was global conventional oil production peaking in 2005. That in turn was delayed thanks to oil field discoveries that kept the 1979 global oil production per capita peak in a plateau.

    From 2008 to the present, I think the global economy also experienced weak economic growth which was countered by increasing debt.

    Today, we face high debt levels plus problems with shale production.
     
  17. Blizzard

    Blizzard Member Past Donor

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    Do you spend too much time listening to the CNN lies?
    The economy of your country is broken, the creditors can collapse your economy anytime they want.
    You are only capable to live on other people's money.
    You are not capable to pay your debts, you are only capable to increase your debts.
    The housing has astronomical prices, out of the reach for the many. Their buying power is greatly reduced and the poverty is only increasing.
    The debt of your country is increasing very quickly and there is only possible outcome for that: the economy will crash.
    And then the politicians will take the money from the poor and they will give it to the rich "to improve the economy", just like they always did.

    The business of Peter Schiff is honest, his investment advice are quite sane, unlike the business of the bankers who are nothing else than criminals doing their best to grow the poverty.

    Between the lies at the CNN and Peter Schiff, it's really not that hard to make a choice.
     
    Last edited: May 5, 2019
  18. Blizzard

    Blizzard Member Past Donor

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    No, the 2008 crisis had nothing to do with the oil.
    It was a speculation and debt (related to real estate) crash.
    Before that, the media was doing it's best to promote the increase of the speculation and of the debt as a magic formula for improving the economy.
    And then the crash of the real estate sector was used as an excuse by the politicians in order to take the money from the poor and to give it to the rich. And to prepare the collapse of the economy by increasing the trade deficit, the unemployment and the public debt.
     
    Last edited: May 5, 2019
  19. ralfy

    ralfy Active Member

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    The only way to support increasing debt is through increasing production of goods and services. That, in turn, is dependent on cheap oil.

    That's why even with increased debt to solve the problem of increasing debt, the global economy has remained anemic for more than a decade.
     
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  20. Blizzard

    Blizzard Member Past Donor

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    Sorry for the delayed reply.
    Wow that logic is truly outlandish.
    You make debt by borrowing money. Period.
    There can be gazillions of different reasons for borrowing money.
    But the real estate speculation increased the debts of the population and the debts of the banks and that created the 2008 economic crisis. It was a debt crisis.
    Also when you are importing a lot but you export nothing (trade deficit), you outsource the jobs of your workers to China (or to whatever country you are importing from). You can tax your own workers but you can't tax the Chinese workers. That means you can't collect enough money to properly run your administration. That means you will have a budget deficit (you have less money than what you need). And the government will make more debt in order to cover that budget deficit. Therefore the trade deficit creates budget deficit and that creates public debt.

    No, the global economy has remaining anemic because the Western governments took the money from the poor and gave it to the rich, they encouraged speculation and they did their best to outsource all the jobs they could to China and to other countries, so they ruined the economy of the average citizen and the economies of their own countries.
    The rest of the world just followed the West. When the West is going up, the rest of the world is improving too. When the Western economy is going down, the rest of the world is going down too.
     
  21. Blizzard

    Blizzard Member Past Donor

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    In times of big crisis, the rich people use their land to starve the rest of the people.
    In 1850, the rich people starved one million Irish people to death, "in order to improve the economy".
    In 1930, the rich people starved the US population, using the overproduction as an excuse to justify their refusal to work the land.

    Today, Bill Gates and other rich people (e.g. John Malone) are buying a lot of land.
    Can anyone make any sense of these things? Because for me it really doesn't look good!
     

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