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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: axial who wrote (20918)	6/21/2009 6:11:34 PM
From: Skeeter Bug	2 Recommendations Respond to of 71456

>>I've read the numbers. They're painful.<< $500k debt per worker is more than "painful." it is unrecoverable in the context of our political system it is much easier to just print money and tell the people lies they demand to hear. >>In 30 years, the US could pay off its debt, or get it down to 10-20% of GDP.<< i don't see it. i don't see anything remotely close to this. in fact, i don't see a balanced budget in the next 20 years, let alone real debt reduction (other than printing money to pay off debt). please give us all a brief outline of how we could do this. >>Compared to many others, the US and its people are still in good enough shape to make a comeback.<< no we aren't. "good shape" can't describe $500k debt per worker. nations typically collapse well before they reach this level. our time is not only due, it is loooooooooooong over due. we are currently in better shape than people starving. much better shape. but we had better get used to doing with much less... but the elites want more and more and they control government. >>Do you think you are the world's first to suffer loss and injustice without reason?<< i don't think what we will suffer is without reason. in fact, i think there is a very good reason why the united states should collapse. as i said before, nations usually collapse well before they get to our debt levels. look at argentina. >>I believe the US can overcome its problems. You don't.<< the problem is us, and i see no indication that we have over come our greed. in fact, i see people getting more greedy everywhere i look. bankers sucking trillions out of the treasury, the boomers demanding others pay for their healthcare, public unions demanding 90% pensions, etc. where is your evidence that america is getting more reasonable and is willing to get by with less? >>Your forefathers triumphed over adversity in the Great Depression. It was hard. Are you not their equal?<< if you don't see the difference between the usa now and the usa then, i can't say much to help you gain some level of context.