London knows the game is up for USD.

[Pippi436]

I wouldn't count as the Chinese as our new overlords. They have cheap slave-labour, but not much else. An appreciating/free-floating RMB would put an end to that too.

P.S.: does that look scary?

http://imgur.com/pPKgkvf

 

[Lucrum]

Quote from jem:

at 17 trillion that is 123,000 per american.

with unfounded liabilities... we are at 5 times that.

A very large percentage of that debt piled on in the last generation while the baby boomers have been in control.

the fact that the fed has to buy a large percentage of our debt... is a big clue... that the spending has gone into the loony, crazy, only an extremist or fool could support it zone.

 

[Lucrum]

 

[achilles28]

See that number in the top left hand of the picture? Total interest?

That and offshoring are the number#1 and #2 reasons why the US economy isn't growing.

~16% of the nations GDP goes towards paying interest on money created out of *nothing*.

It's like a gigantic boulder tied around our necks, sapping us of all our energy and productive resources.

Remember how Ron Paul talked about 'too much debt in the system'? That's what he meant. The vig is killing us.

We need a depression to destroy much of that debt (and therefore, interest), before we can begin anew, and cast off that millstone that's killing us.

Bankers control things, which is why it hasn't happened.

This is a banker controlled economy. Look, the Bankers are rent seekers, collecting 16 PERCENT of our GDP, every year, for doing NOTHING. This is why we suffer.

 

[Lucrum]

 

[LEAPup]

Quote from Lucrum:

No wonder Bernie "Made-off" is always smiling in prison pics. He knows he's baby shit along side of this one...

 

[Lucrum]

If you spent $1 million every day, it would take you 51,000 years to spend $17 Trillion
With $17 Trillion, you could feed, cloth, and educate every child in the world
With $17 Trillion dollars you could pay every teacher’s salary in the United States for the next 153 years
With $17 Trillion, you could buy every man woman and child in America two Volkswagen Jettas
With $17 Trillion, you could buy every sports team in the world and still have $16 Trillion left over
With $17 Trillion, you could buy the American supply of bacon for the next 8,500 years
With $17 Trillion dollars you could buy all 3.8 million people in Los Angeles the world’s most expensive car, the Lamborghini Veneno
With $17 Trillion, you could start your own space program, spend $2b more than NASA every year, and stay in business for 850 years

 

[jem]

thank you for the correction/exact number...


I had just seen a person on tv say 123000. but... last night I saw a congressman (I think king) say his new grandson will come into the world with 53,000 in debt.

quite a birthright these sobs in washington are giving him.

Quote from Lucrum:

 

[Ricter]

Quote from jem:

thank you for the correction/exact number...


I had just seen a person on tv say 123000. but... last night I saw a congressman (I think king) say his new grandson will come into the world with 53,000 in debt.

.

Hopefully the grandson won't be the last child born in the US, so he can pass his debt on, too.

 

[jem]

not only is that obscene thinking....

considering we have a private bank creating our money...
its stupid thinking.

you think we should owe our private bankers customers 53000 per american...

when those very bankers and their cronies can make our politicians on both sides of the aisle bark and do back flips and sellout whoever they want them to sellout.... on t.v.?


someday they will present the bill and our congress will sell out our entire constitution.

Remember James Cann in Rollerball there is now a clear, obvious and plausible pathway.

I saw leftists give up single payer when they had the vote and I saw establishment republicans sell out americans for nothing... no deal... nothing but obamacare.

its the extracting of america.

Quote from Ricter:

Hopefully the grandson won't be the last child born in the US, so he can pass his debt on, too.