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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 383.12+0.8%Nov 26 4:00 PM EST

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To: carranza2 who wrote (78909)9/4/2011 2:34:26 PM
From: Maurice Winn2 Recommendations  Read Replies (1) of 218059
 
C2, that's a long-winded way of writing "Hey, I've got a great idea, let's rob those who learned, worked, saved, and loaned." If they really think robbing people is a good idea, and get away with it, the workers and savers will not be interested again - stand by to revert to chimp-like lifestyle where immediate squabbling consumption is the norm with saving not part of life.

The solution to unpayable debt is simple and traditional - the creditor takes possession of the assets and the mathematical resolution the stupid writer wants is achieved. <This is why debt forgiveness makes not only moral but rational, mathematical sense. Finances require balancing to be coherent. There must be some way to redress systemic imbalance. One has to be able to “zero the scales” to get an accurate weight of value and to re-establish healthy value creation > When people dress their arguments up with "mathematical" without presenting maths, it means they don't have an argument. How is robbing people 'moral' and why is default and transfer of assets to bludgers 'rational'?

Mqurice
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