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November 12, 2010 – Comments (17)

 Got this from Financial Armageddon...

 

17 Comments – Post Your Own

#1) On November 12, 2010 at 9:05 PM, SultanOfSwing (98.89) wrote:

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!

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#2) On November 12, 2010 at 9:10 PM, goalie37 (92.77) wrote:

Awesome.  Maybe if I can think this to people, everyone will stop thinking I am nuts lol.

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#3) On November 12, 2010 at 9:25 PM, rd80 (98.23) wrote:

...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.

Beyond excellent!

Thanks for sharing!

 

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#4) On November 12, 2010 at 10:18 PM, Raambo20 (< 20) wrote:

WOW! Sad but I laughed so hard watching this. Thanks a lot, this is brilliant.

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#5) On November 12, 2010 at 10:19 PM, ChrisGraley (29.97) wrote:

Classic!

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#6) On November 12, 2010 at 10:21 PM, Option1307 (29.89) wrote:

Ha ha ha, classic! +1.

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#7) On November 12, 2010 at 10:36 PM, NOTvuffett (< 20) wrote:

Don't know if I should laugh or cry at this, lol. +1

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#8) On November 13, 2010 at 12:39 AM, 1277507302 wrote:

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?

Yes.

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#9) On November 13, 2010 at 12:42 AM, ikkyu2 (99.18) wrote:

Yep, laughing and crying.

Did you see the CNBC Jeremy Grantham interview?  You'd like it. 

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#10) On November 13, 2010 at 1:34 AM, imobillc (< 20) wrote:

Sorry for the repost!

Had not seen your...

Mars 

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#11) On November 13, 2010 at 5:34 AM, dwot (72.69) wrote:

ikkyu2, I did see the Jeremy Grantham interview.

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#12) On November 13, 2010 at 7:43 AM, fewl10 (< 20) wrote:

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...

 

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#13) On November 13, 2010 at 8:44 AM, dbjella (< 20) wrote:

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. 

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#14) On November 13, 2010 at 10:02 AM, whereaminow (30.26) wrote:

One of the best, most informative videos I have ever seen. Definitely passing this one around.  Thanks, dwot!

David in Qatar 

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#15) On November 13, 2010 at 10:25 AM, catoismymotor (< 20) wrote:

 

Cartoons are the sugar that make the harsh reality go down.

Thank you. Thank you. Thank you, dwot!

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#16) On November 13, 2010 at 1:31 PM, SultanOfSwing (98.89) wrote:

catoismymotor,  Kool-Aid is made with sugar.

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#17) On November 13, 2010 at 1:39 PM, catoismymotor (< 20) wrote:

I put this on FB, accidentally started fight. My bad! :)

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