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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: koan who wrote (258257)7/2/2010 7:40:48 PM
From: Skeeter BugRead Replies (1) of 306849
 
>>My point is, what do we do once deflation gets started like 1929? Deflation is like a black hole, it sucks in everything.<<

end debt money and replace it with sovereign money.

swarmusa.com was set up precisely to do just this.

debt backed money is DESIGNED to COLLAPSE at some point with 100% certainty. run up the biggest credit bubble in history ahead of that collapse and the swings in the economy will be astoundingly profitable for those on the inside of the banking cartel.

so ending debt based money is the first step.

that's why i keep bringing it up, but the *critical* importance of this goes over almost everyone's head.

in fact, the people who respond almost universally defend the debt money system that enslaves them.

>>Bush doubled the deficit from 5 to 10 trillion during his presidency, then Wall street with CDS's and CDO's gambled away trillions and now we owe a fortune.<<

so in 8 years we added $5 trillion, no it takes less than 3 years to add $5 trillion - and there are many more trillions off the books.

that's EXPONENTIAL debt growth.

swarmusa.com also understands that special interest power needs to have its vice like grip on government ended.

>>When clinton left with his 278 billion surplus they were projecting we would be debt free by 2012.<<

both are lies. clinton never had a surplus in a given fiscal year. the total debt was higher at the end of every single fiscal year during the clinton administration. it is true that he got close (DUE TO TAX RECEIPTS ASSOCIATED DIRECTLY TO THE CREDIT BUBBLE HE INFLATED!), but he still had to borrow from the social security and/or medicare trust fund in order to pay the bills.

and you wonder why both are broke now, even though the books say we are good for a couple more decades.

but clinton doesn't care - he spreads his lie in order to make him look good.

>>My how things change-lol.<<

no, its really all the same problem at different points in time.

kind of like a guy comparing his buzz to his hangover - of course the buzz is better, but the two are completely related.

blowing bubbles is profitable in the beginning. it feels good. it papers over problems.

but it was clinton who started the credit bubble in earnest and it was bush who continued to extend it (with the kicker of reduced taxes and increased federal spending).

our current path is almost identical to a drunk (government) who keeps drinking (blowing credit bubbles) in order to avoid a hang over (depression).

such a person has two choices - take the hangover now or keep drinking and make the eventual hangover's magnitude worse and duration longer.

continuing this "more alcohol" policy will eventually lead to death.
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