2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 368.78

+0.2%

Nov 3 4:00 PM EST

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James Seagrove

To: elmatador who wrote (131279)	3/3/2017 10:21:46 AM
From: Maurice Winn	1 Recommendation of 217532

The politician will always borrow because their re-election problem is now and the debt will be due in a decade. NZs prime minister decades ago explained that people wouldn't know a deficit if they tripped over it. Spending big heaps of borrowed money can make people feel wealthy. New Zealand now has BIG heaps of borrowed money to "buy" houses. Same as in USA a decade ago. With interest rates at 3 percent people feel wealthy. In the 1980s they did it with shares in a giant financial engineering scam. Big money was made on paper. Until the market crashed and to their sorrow hordes of people learned about good times borrowing. Neither a borrower nor a lender be ... Hmmmm note to self ... you are at present a lender. Buy gold. Or perhaps oil from which gold is made. Or maybe land which is hard to steal though governments easily confiscate it or tax it which is the democratic means of theft. Mqurice

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