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    Asian Financial Crisis Part 2: China's Debt Bomb

    There seems some confusion here with what I posted. I was referring to two possibilities. Let me elaborate these: One possibility is that the former President, who has been indicted on 91 felony counts, and is attempting to to avoid prosecution by running for president again, will be found...
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    Asian Financial Crisis Part 2: China's Debt Bomb

    Would you say that of all the major nations in the world, at present the U.S. and Russian governments are in perhaps the most dire existential situations?: Russia for economic and political reasons, because of its invasion of Ukraine and the associated human and financial costs in combination...
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    Asian Financial Crisis Part 2: China's Debt Bomb

    It's an exaggeration to say China is "imploding." China is experiencing a down turn in its real estate market because it is overbuilt. But its export markets remain strong, and its still healthy GDP growth plus its large holding of U.S. Debt relative to it's own dollar denominated debt is...
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    Bitcoin as a unit of account

    Thank you for clarifying. You consider Bitcoin as a store of value. I hope for your sake it works out that way for you.
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    Bitcoin as a unit of account

    Nakamoto's invention is marvelous in its way, but Bitcoin cannot and will not replace sovereign fiat money because it hasn't the necessary characteristics to fulfill the many roles that sovereign fiat monies must. And I fully agree with you when you write, "...there is no point in arguing with...
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    Bitcoin as a unit of account

    You have a viewpoint that will inhibit your ability to productively discuss these topics, or for that matter to productively contribute to them. Governments are reflections of human decisions and acts. Your complaint seems to be about human nature. Most of us have learned to except human...
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    Bitcoin as a unit of account

    When I wrote "If you really want to understand..." it seems I left out a necessary adverb (for this crowd). I should have written "correctly understand". I have read at least one of those many books on money written by Bitcoin enthusiasts. I read it on recommendation of one of you guys...
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    Bitcoin as a unit of account

    None of these features you mention have anything to do with why we don't use gold as a basis for national currencies anymore. If you really want to understand why Bitcoin is unsuitable as a national currency, you must study money in depth. Cryptocurrencies are their own unique thing. They...
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    Bitcoin as a unit of account

    Most of the world will remain oblivious to bit coin as the "the emerging unit of account" of course, because bit coin has none of the necessary attributes to be adopted as either a national currency or a reserve currency. It can never be either, and so it never will be...
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    Trump Is Disqualified From the 2024 Ballot

    Maybe you should read more carefully.
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    Trump Is Disqualified From the 2024 Ballot

    Is Section 3 auto-executing? You may want to read what the Colorado Supreme Court said about this. We'll see soon enough whether the U.S. Supreme Court agrees.
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    Trump Is Disqualified From the 2024 Ballot

    It seems you've confused enforcement with application. The States must apply Consitutional law just as the Federal Government is obliged to.
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    Trump Is Disqualified From the 2024 Ballot

    It's included in the Lower Court, i.e., Colorado District Court, record of the five day trial... “The Court [the lower Colorado Court, not the Colorado Supreme Court] found that Donald Trump engaged in insurrection after a careful and thorough review of the evidence,” said one of the attorneys...
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    THE GREAT TAKING - "If You Want To Survive What's Coming, You Need To See This" | Mike Maloney

    Bullshit! Are You Tube Videos like this the reason there are so many idiots out there? And why is this You Tube Bullshit in the economics forum?
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    Trump Is Disqualified From the 2024 Ballot

    I agree with Raskin, however his perspective of what the Court is likely to do requires the 14th Amendment to be self-executing and that, in turn, requires well-intentioned people of good faith to follow what is clearly written in the Constitution, just as, for example, the self- executing...
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    Trump Is Disqualified From the 2024 Ballot

    Probably zero probability of that. There is a possibility that the Colorado decision that Trump is disqualified will be reversed. I expect, if it is, the vote will be either 6-3 or 5-4 depending on Roberts. If affirmed I don't know what the vote will be. Could be unanimous. 9-0. I am...
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    Trump Is Disqualified From the 2024 Ballot

    How about the dictionary definition? I could live with that. I'm guessing that's the definition the Courts will use. I don't think it's a difficult word to understand.
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    Trump Is Disqualified From the 2024 Ballot

    Yes. I too noticed "engaged" could be very broadly interpreted. Could be interpreted as including planning, recruiting, inciting, funding, and all manner of associated activities. It would be very easy to conclude Trump "engaged" in an insurrection just based on his message to his supporters...
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    Trump Is Disqualified From the 2024 Ballot

    I think anti-Trumpers are over joyed, why wouldn't they be? From what expert legal minds are saying, it appears there is an excellent chance the Supreme Court will uphold the Colorado Court's decision. I haven't read that decision yet, have you? Many legal minds are saying it is masterful in...
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    Trump Is Disqualified From the 2024 Ballot

    The 14th Amendment does not make insurrection against the united States a crime. There is other law that does that. The 14th Amendment has to do with disqualifying people who broke their oath of office in a particular way from henceforth serving as an Officer of the United States. It applies...
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