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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (115392)1/8/2016 9:07:37 AM
From: Elroy Jetson2 Recommendations

Recommended By
ggersh
John Pitera

  Read Replies (2) | Respond to of 218673
 
Many experts have told us paying off debts with economic growth and income taxes are completely impossible.

They say the best we can do is eliminate all taxes on the wealthiest Americans and terminate Medicare and Social Security benefits for elderly Americans. Stupid people everywhere take this as a given without questioning why experts paid by America's wealthiest citizens are saying this.

They point to the rapid decline in debts after WW-II until 1980 as an aberration which cannot be repeated because it would require repealing Ronald Reagan's tax cuts.

If you're stupid you also believe this. You know that only the wealthiest 1% of Americans and eccentric frugal people are free of debt, and there's clearly something wrong with this type of person.

All normal people are supposed to incur far more debt than they can repay - that's the new normal for the extremely stupid.

If you come across anyone who does not have outstanding debts, you should immediately report them on the banking industry hot-line.

They may be have intelligence which could easily alter the very fabric of our society of the past 35 years, so do not approach them yourself. Their intelligence may be contagious and you want to remain in debt.



To: John Pitera who wrote (115392)1/8/2016 9:20:52 AM
From: ggersh1 Recommendation

Recommended By
Pogeu Mahone

  Read Replies (3) | Respond to of 218673
 
Wouldn't a debt jubilee work, after all it would only hurt the few who own it?

Inflation only works when people have wages, not when the 1% have hoarded
all the money awash in the world.

ggersh