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alstry (< 20)

The Paradox Of Industrial Capitalism



September 07, 2011 – Comments (1)


In our CURRENT system of functioning, essentially everything we own has economic value because others have jobs to spend driving cash flow.....

our homes, stocks, bonds, pensions, and investment accounts.

If enough people (not necessarily everyone) are NOT working and NOT spending, essentially everything we own is FINANCIALLY worthless absent fraud.

Understanding this will be VERY difficult for people raised to think they were self-reliant......actually VERY FEW people are self reliant these days.

The vast majority depend on others for their food, water, and fuel.

Where things will really get convulsive is when the Tea Party learns that the PRIMARY reason most people have jobs today is beause of a GOVERNMENT DEFICIT driving $1.6 trillion dollars of cash flow into the system...enough to pay 50,000,000 families OVER $30K per year.

Absent that deficit, the cash flow to their investment would evaporate and they would be just as broke as those they look down upon.

Welcome to  where after enough get Zombulated, essentially everyone is broke.


1 Comments – Post Your Own

#1) On September 07, 2011 at 5:20 PM, alstry (< 20) wrote:

With fewer and fewer working....fewer and fewer qualify to buy a home.

Mortgage Demand Slides Despite Low Loan Rates

With fewer buyers...expect home sales and prices to keep collapsing.

You simply can't stop advancing technology replacing more and more jobs....just like over 90% of the farmers couldn't stop the tractor replacing their jobs.

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