Baby Boom To Baby Bust - Martin Armstrong Exposes The Crisis In Socialism

@Sig It's all speculation, but one could consider whether Japan's move to automation/robotics could significantly change Japan's situation as per your trend.
 
Google is following me on these forums, this popped up in recommended:

He says $1K/month/person over 18. The math says ~250 million people over 18 (https://www.census.gov/prod/cen2010/briefs/c2010br-03.pdf)

Edit: he is proposing this because of reduction in dependence on labor in the economy, i..e, what got Trump elected. My understanding is that Trump's base normally has more dependence on government "assistance".

That works out to $2,880,000,000,000.00 per year. That's about 3 trillion/year. You cannot tax yourself to 15% of GDP on top of the existing ~25%. So the only way this would work is through money printing. This is the only kind of money printing I actually support. The Federal reserve would not support this because it removes power from their hands.

A SOVEREIGN CRYPTO CURRENCY HAS VERY LITTLE ADMIN COSTS.

So what would end up happening is people would get this AND they'd still get the Fed reserve inflation theft. Worst of both worlds.
 
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nooby_mcnoob said:
Google is following me on these forums, this popped up in recommended:

He says $1K/month/person over 18. The math says ~250 million people over 18 (https://www.census.gov/prod/cen2010/briefs/c2010br-03.pdf)

Edit: he is proposing this because of reduction in dependence on labor in the economy, i..e, what got Trump elected. My understanding is that Trump's base normally has more dependence on government "assistance".

That works out to $2,880,000,000,000.00 per year. That's about 3 trillion/year. You cannot tax yourself to 15% of GDP on top of the existing ~25%. So the only way this would work is through money printing. This is the only kind of money printing I actually support. The Federal reserve would not support this because it removes power from their hands.

A SOVEREIGN CRYPTO CURRENCY HAS VERY LITTLE ADMIN COSTS.

So what would end up happening is people would get this AND they'd still get the Fed reserve inflation theft. Worst of both worlds.
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what are you smoking nowadays?:)
 
zdreg said:
"It is a slow day in a little Greek Village. The rain is beating down and the streets are deserted. Times are tough, everybody is in debt and everybody lives on credit.

On this particular day a rich German tourist is driving through the village, stops at the local hotel and lays a €100 note on the desk, telling the hotel owner he wants to inspect the rooms upstairs in order to pick one to spend the night. The owner gives him some keys and as soon as the visitor has walked upstairs, the hotelier grabs the €100 note and runs next door to pay his debt to the butcher.

The butcher takes the €100 note and runs down the street to repay his debt to the pig farmer. The pig farmer takes the €100 note and heads off to pay his bill at the supplier of feed and fuel.

The guy at the Farmers' Co-op takes the €100 note and runs to pay his drinks bill at the taverna. The publican slips the money along to the local prostitute drinking at the bar, who has also been facing hard times and has had to offer him "services" on credit. The hooker then rushes to the hotel and pays off her room bill to the hotel owner with the €100 note.

The hotel proprietor then places the €100 note back on the counter so the rich traveller will not suspect anything. At that moment the traveller comes down the stairs, picks up the €100 note, states that the rooms are not satisfactory, pockets the money and leaves town.

No one produced anything. No one earned anything. However the whole village is now out of debt and looking to the future with optimism.
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Wow.


spicoli1.jpg
 
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