November 12, 2010
– Comments (17)
Got this from Financial Armageddon...
I saw this from a tweet today too. Was just about to post it, but you beat me to it. This is funny and scary at the same time. I love the pause at 2:18. Classic! Those care bears have more insight than me -- I'm jealous!
Awesome. Maybe if I can think this to people, everyone will stop thinking I am nuts lol.
...when you call the plumber to fix something that is broken, they usually fix it, not break it more. The plumber is clearly smarter than the Ben Bernanke.
Thanks for sharing!
WOW! Sad but I laughed so hard watching this. Thanks a lot, this is brilliant.
Ha ha ha, classic! +1.
Don't know if I should laugh or cry at this, lol. +1
So why do they want to print the money?
Because they say we have the deflation and the deflation is very bad.
So why is the deflation very bad?
Because a vicious spiral would develop and we would be forced to default on our debt payments.
What would happen if we defaulted on our debt payments?
Our multinational companies, largely owned by US citizens, might be forced to give up most of their foreign assets.
Why is that so bad? Our debt is so high?
It's bad because we don't actually build anything here anymore. We only service one another's needs with goods produced elsewhere.
But wouldn't the military we spend so much money on stop the foreign governments from seizing our assets?
Yep, laughing and crying.
Did you see the CNBC Jeremy Grantham interview? You'd like it.
Sorry for the repost!
Had not seen your...
ikkyu2, I did see the Jeremy Grantham interview.
There's nothing funny about this video. I think most of the jokers laughing at this, and posting some trivial rant in reply, won't be laughing later when the chaos comes...
There's nothing funny about this video.
The video is funny and if humor is another way to bring forth this idea then I am all for it. My congress people do not get it yet.
One of the best, most informative videos I have ever seen. Definitely passing this one around. Thanks, dwot!
David in Qatar
Cartoons are the sugar that make the harsh reality go down.
Thank you. Thank you. Thank you, dwot!
catoismymotor, Kool-Aid is made with sugar.
I put this on FB, accidentally started fight. My bad! :)