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alstry (< 20)

Are We All Going To Hell?



January 27, 2011 – Comments (6)

No Silly Gooses.....But As We Try To Enforce Collecting An Unsustainable Debt Burden...essentially Everything As We Know It Shuts Down.....

Here is a headline from

Are We All Going To Hell?...Even God's Homes Are Getting Foreclosed

The problem now is essentially everything in America, and most of the world is driven by debt. Federal Government, State Government, Municipal Government, Hospitals, Schools, Churches, ect....Instead of production driving debt.....debt is driving production......and debt carries with it an interest burden....which if not purged, grows so large that it essentially consumes the system.  Exactly What Happend To Housing.

Now cities are going bankrupt, we are closing down hospitals and schools, and even religous homes.  Essenitally, by collecting the debt, we are shutting down the society as we knew it, or the Industrial Age.....but if we don't collect the debt, all those assets that constitute our net worth and retirement are practically worthless.

But don't fear, the Digital Age is now near.....and although the changes will be convulsive, it will bring reform and sustainability to this Ponzi like fraudulent system.

It will be an

6 Comments – Post Your Own

#1) On January 27, 2011 at 12:59 PM, JerseyShoreGirl (< 20) wrote:

As one door closes, another opens.

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#2) On January 27, 2011 at 1:49 PM, JerseyShoreGirl (< 20) wrote:

Check out these satellite images of homes in forclosure across the country .. it's time for the bad debt to be cleared

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#3) On January 27, 2011 at 1:50 PM, alstry (< 20) wrote:

Absolutely!!!  In this case, a flood of doors will open and will help you navigate through the flood.

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#4) On January 27, 2011 at 4:33 PM, JerseyShoreGirl (< 20) wrote:

Will the seas part too if I click on

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#5) On January 27, 2011 at 4:44 PM, alstry (< 20) wrote:

No Jersey, at least not yet.

The purpose of is simply to give people perspective and track trends transitioning from an industrial based economic model into a digitally based model.

The issue comes where many things in the industrial world simply won't apply in the digital world.  For example, if you take the article about China combining 9 cities into one and compare it to the article about HUGE state employee is clear that a trend is developing.

The problem comes in when 15% of your entire labor force works for state and local government and we already have 9% unemployment rate(22.5% by some measures) and a system dependent on high employment to generate revenues.

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#6) On January 27, 2011 at 4:55 PM, JerseyShoreGirl (< 20) wrote:

Marc Faber Implies Obama is a Prostitute ....

Hey Alstry, there are lots of good alternative sites listed on the right hand side of the above-linked blog ... may be a good place to plug Udderworld

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