Use access key #2 to skip to page content.

alstry (35.61)

Why Alstry Developed The Theory of Collective Interdependence

Recs

9

August 19, 2010 – Comments (1)

Right now, the primary reason any American has any PERSONAL net worth is because government and Wall Street is borrowing OVER $2 trillion dollars per year and spending it........if government and Wall Street were not borrowing and spending......EVERYTHING.......YES EVERYTHING.......in America would collapse.......

because in the end, we are all COLLECTIVELY INTERDEPENDENT ON GOVERNMENT'S AND WALL STREET'S CONTINUED CAPACITY TO BORROW AND SPEND MASSIVE AMOUNTS OF MONEY

whether you call it borrowing or printing, it really doesn't matter......it is simply spending money that doesn't exist........and due to the fact that Wall Street has cut off credit to the private sector......the borrowing is no longer backed by the production of the citizens like it was just a few years ago......

So now the question is what happens when government and Wall Street can't borrow......

Your entire investment account is being propped up by the borrowing........just like your home value was propped up by the nation's citizens borrowing and spending......

Our entire healthcare system is dependent on the borrowing and spending.......

So is our military and defense.......

Same with our Schoool Systems..........and public safety systems...........

Interesting, as you focus on the ticker..........the nation shuts down and is now primarily dependent on your politicians picking and choosing who gets to benefit from their borrowing and spending......

Now the key question is whether the citizens are the primary beneficiary of their behavior?

1 Comments – Post Your Own

#1) On August 19, 2010 at 11:18 AM, alstry (35.61) wrote:

Here is where things get interesting.....FEW of you Fools really cared that government racked up this massive debt......

let's see if you care when you learn YOU are responsible to pay it back?

It could be with your life if government is forced to go to war to defend our currency......because this war will involve the entire world......

Report this comment

Featured Broker Partners


Advertisement