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

To: ggersh who wrote (115397)1/8/2016 9:48:12 AM
From: bart13  Read Replies (1) | Respond to of 218679
 
Wouldn't a debt jubilee work, after all it would only hurt the few who own it?

It would crash most retirees who own many Treasuries, similar to what dropping SSI would do.



To: ggersh who wrote (115397)1/8/2016 9:22:04 PM
From: Follies  Read Replies (1) | Respond to of 218679
 
1% have hoarded all the money awash in the world.
Where have they hoarded it? Is it in tin cans in their backyard?



To: ggersh who wrote (115397)1/9/2016 12:18:27 PM
From: John Pitera  Read Replies (1) | Respond to of 218679
 
In the Old Testament every 50th year was a Jubilee year.... with debt forgiveness...

don't know how realistic it is in modern capitalism..... but then negative rates ZIRP and endless QE programs are not the way the game has traditionally been played.


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