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alstry (34.92)

The REVENGE Of Alstry's Students

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October 13, 2011 – Comments (2)

EVERY YEAR America graduates roughly 2 million college students....maybe a few hundred thousand more or less.

Many of these students are graduating with a debt burden of $25K, $50K, $100K and more.

Unfortuately for these students, they are graduating at a time of Zombulaiton AND when America is bailing out the bankers and the bankers are not lending to America....so jobs are evaporating at the fastest rate in history.

Mathematically, there are not enough decent paying jobs for the number of students graduating each year.....

THE STUDENTS ARE FINALLY FIGURING THIS OUT AND BECOMING VOCAL!!!!!!!!

And they are becoming angry at a nation that bails out its bankers for bankrupting the nation and DOESN'T bail out its students....the future of the nation.

Get ready.....a bunch of Alstry's students are about to get really angry and really vocal.

it is becoming a www.udderworld.com

2 Comments – Post Your Own

#1) On October 13, 2011 at 11:07 AM, PeteysTired (< 20) wrote:

Many of these students are graduating with a debt burden of $25K, $50K, $100K and more.

AND

and the bankers are not lending to America....

What am I missing with the second statement?

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#2) On October 13, 2011 at 11:29 AM, alstry (34.92) wrote:

Without the bankers lending MORE money....in a DEBT BASED Industiral monetary system like America's....if the banks are not lending increasing amounts....the system MUST mathematically collapse as it becomes IMPOSSIBLE to pay back the current debt balance.

When banks lend...they only lend principal.  However, NEW interest accrues everyday that is systemically only possible to pay back if banks lend MORE systemically.  New money must be lent to be able to pay back the NEW interest obligation.  That is the implied understanding in every loan document.....and up until now has NEVER been an issue.

Right now America privately and publicly owes over $50 trillion dollars.  My guess is bank deposits are less than $7 trillion....and dropping everyday as they are rapidly going to pay down debt and survive.

 

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