About To Hit The Wall?

Mad Scientest

New member
Joined
Apr 11, 2006
Location
Illinois
[FONT=&quot]Just heading? By using 1930’s standards we are already in a depression but we are not to use the “D” word cause it would upset the sheeple. But the reality is it is probably going to get worse. [/FONT]
 

Ajax

Member
Joined
Oct 25, 2012
Location
Chicago Area
Since when is Donald Trump an expert in anything other than being a doofus?
 

knightofalbion

New member
Joined
Jul 24, 2010
Location
Glastonbury, England
Original Poster
It all stacks up though. America is bust and head over heels in debt. Europe (bar the Germans) is bust and head over heels in debt. If they were businesses the banks would have foreclosed on them months ago.
'Quantitative easing' is inflationary.
And when you have influential people like this making such claims it has all the potential of becoming a self-fulfilling prophecy by people withdrawing their capital.
 

Ajax

Member
Joined
Oct 25, 2012
Location
Chicago Area
Im suspicious. A bunch of rich people saying the answer is to take more from the middle class and give more to the rich. That's how the problem started in the first place.
 

Mad Scientest

New member
Joined
Apr 11, 2006
Location
Illinois
[FONT=&quot]Sort of. First the bankers loan you money that they create out of thin air. (fractional banking) You then are expected to pay back these loans, which were made with money that didn’t exist, with money that you had to actually work to earn. Naturally if you fail the keep up with your loan payments they will foreclose and take over all your tangible assets. The same thing is true for government debits, it just take a little longer. [/FONT]

[FONT=&quot] The system is set up in such a manor that in the long run these loans can never be paid back and the bankster wind up owing everything.
See isn’t it fun being a banker? With enough time you can control the world. [/FONT]
 

Ajax

Member
Joined
Oct 25, 2012
Location
Chicago Area
And Donald Trump has been working the banking system for decades. He creates a real estate project, borrows money from the bank to build the buildings, and collects his money from investors. Then he files bankruptcy, gets to keep the money, and the investors are screwed and can't do anything but try to sue Trump. The banks let him do it over and over again because they get their money out of it too. The people who are screwed are the investors who lose their life savings to Trump and the banks. He belongs in a prison cell next to all the bankers.
 

saved1986

In seaerch of spicy food
Joined
Aug 8, 2009
OH, we're fvcked. I would love a depression, but what is coming is a hyperinflationary collapse.
 

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