[KaiserJeep]

pstarr now has reality-free posts. I don't know what happened, he was a valued contributor at some point. He won't talk about it which is his absolute right. Nowadays he spends his time exaggerating things all out of reason, and seldom contributes anything of value.

The "Great Recession" was a piker compared to the "Great Depression":


You know what else? We are entirely over the recession, and the economy has fully recovered, and people are still blaming "the economy" for being themselves too lazy to work, or for the bad decisions they made.

[Outcast_Searcher]

$this->bbcode_second_pass_quote('pstarr', 'I') know outcaste. That "not-so-bad" worst recession of all time wasn't even bad for you, because you are brilliant. And you have good constitution and morals.

And all that pain from the ("not-so-bad" worst recession of all time) wasn't really all that bad because it was only the worst "recession" (cough cough cough) of all time. And not really the never-ending worst depression of all time.

And most certainly the ("not-so-bad" worst recession of all time) had nothing to do with $100/barrel crude or $5.00 gasoline.
/sarc

Keep dreamin' Keep token'

[asg70]

"Oh my where to start with you guys."

A rather arrogant tone to strike from someone who starts a thread with a typo in the subject.

[Outcast_Searcher]

$this->bbcode_second_pass_quote('Sys1', 'V')ery simple :
The global economy is collapsing since 2008. Just watch global debt chart and you will get we have a problem.

[jedrider]

$this->bbcode_second_pass_quote('Cog', '')$this->bbcode_second_pass_quote('Sys1', 'K')aiserJeep : Then what the fuck are you doing on a doomer site, moron?
You should go writing your BS on Fock News, wou will be far better welcomed than here.

[Outcast_Searcher]

$this->bbcode_second_pass_quote('jedrider', '')$this->bbcode_second_pass_quote('Cog', '')$this->bbcode_second_pass_quote('Sys1', 'K')aiserJeep : Then what the fuck are you doing on a doomer site, moron?
You should go writing your BS on Fock News, wou will be far better welcomed than here.

[ralfy]

It's more like a combination of multiple crises. More details here, but the data does not factor in the effects of climate change, which should make matters worse.

[KrellEnergySource]

Debt, in many cases, is a voluntary thing.

But I didn't volunteer the US Goverment to place us 21+ trillion dollars into debt. ~$174,000 per taxpayer. But yet we need to lower taxes NOW, according to everyone that runs for office.

My house is paid off. My car is paid off. Not a single person in our government has talked about paying off the big one.




Brian

[Newfie]

They have no intention of payin it off.

Nor any plan to deal with the consequences.

[onlooker]

$this->bbcode_second_pass_quote('Newfie', 'T')hey have no intention of payin it off.

Nor any plan to deal with the consequences.

[Cog]

As long as the interest on the debt can be serviced(paid) then there is no problem.

As of 2017 the interest on the debt was $263 billion or 6.8% of the federal budget

[Outcast_Searcher]

$this->bbcode_second_pass_quote('Cog', 'A')s long as the interest on the debt can be serviced(paid) then there is no problem.

As of 2017 the interest on the debt was $263 billion or 6.8% of the federal budget

[onlooker]

Actually, my bad. The thesis should have been the financial system and the attendant needs and wants of all the humans is destroying the Environment of the world in terms of favorable habitation conditions. I notice that some of you do not spend to much time on the Environment forum. Well, I am making a post there that will be titled "BAU is the final nail in the coffin" . Because while some of you do make some keen points about how the Economies of the world are still functioning and staying afloat. Every day modern civilization and our huge numbers are debilitating the resiliency of the Biosphere and its ability to sustain life. So, I know this is a PO site but we all know this is the case but some of us are more forthright about it.

[Newfie]

Somehow I came across this book “Time Blind” by Jack Albert.

Not sure but I think it may explain a lot.

It’s available as a free download.

[Outcast_Searcher]

$this->bbcode_second_pass_quote('Newfie', 'S')omehow I came across this book “Time Blind” by Jack Albert.

Not sure but I think it may explain a lot.

It’s available as a free download.

[roccman]

$this->bbcode_second_pass_quote('onlooker', 'A')ctually, my bad. The thesis should have been the financial system and the attendant needs and wants of all the humans is destroying the Environment of the world in terms of favorable habitation conditions. I notice that some of you do not spend to much time on the Environment forum. Well, I am making a post there that will be titled "BAU is the final nail in the coffin" . Because while some of you do make some keen points about how the Economies of the world are still functioning and staying afloat. Every day modern civilization and our huge numbers are debilitating the resiliency of the Biosphere and its ability to sustain life. So, I know this is a PO site but we all know this is the case but some of us are more forthright about it.

[onlooker]

https://srsroccoreport.com/global-finan ... increases/
$this->bbcode_second_pass_quote('', 'T')he U.S. and global economies are choking on a massive amount of debt. While Wall Street and the Mainstream financial media continue to rationalize the skyrocketing debt as merely the cost of doing business, the disintegrating fundamentals point to an economic catastrophe in the making.

[Newfie]

$this->bbcode_second_pass_quote('Outcast_Searcher', '')$this->bbcode_second_pass_quote('Newfie', 'S')omehow I came across this book “Time Blind” by Jack Albert.

Not sure but I think it may explain a lot.

It’s available as a free download.

[Outcast_Searcher]

$this->bbcode_second_pass_quote('Newfie', '
')http://www.skil.org/Time_Blind_book_folder/TB_head.html

[kanon]

This topic is as old as the hills. Simply do a search for "usury in the middle ages" and you will find numerous research papers covering usury from ancient times to the recent past. The modern central bank system is a usury system and the facts of oppressive debt, imminent financial collapse, and widespread debt slavery are features of this usury system and also of usury in the past. What is perhaps unique to this modern system is the way corporate propaganda has been able to disguise usury as an "economics" issue. Here is a link to a fairly quick read that lists a number of issues concerning usury:History of Usury
$this->bbcode_second_pass_quote('', 'R')ATIONALE FOR THE CRITIQUE OF USURY
Throughout the history of the criticism of usury, various reasons and rationale have been forwarded in support of this position. While some are unique to particular traditions or individuals, many tread on common ground which this section will briefly attempt to synthesise.
Usury as Unearned Income . . . .
Usury as Double Billing . . . .
Usury as Exploitation of the Needy . . . .
Usury as a Mechanism of Inequitable Redistribution of Wealth . . . .
Usury as an Agent of Economic Instability . . . .
Usury as Discounting the Future . . . .