WW3 Will Be Exciting
May 30, 2010
– Comments (10)
We simply didn't want to live within our means.....we refused to force our government to spend within the limitations of the nations's productivity....and now we are broke.
WHEN FOOLS TALK ABOUT PRINTING MONEY...THE IGNORANCE ABOUT MONEY SPEAKS VOLUMES...PRODUCTION IS NOT A FUNCTION OF MONEY(in the long run).....MONEY IS A FUNCTION OF PRODUCTIVITY....AND IF YOU SIMPLY PRINT MONEY NOT BASED ON PRODUCTION....THAT MONEY BECOMES WORTHLESS QUICKLY.
When you are broke and the only tool you have is a gun....a really BIG gun.....your easiest option is to go out and fight for productivity....especially if you owe your own people a whole lot of money.
Our population is stressed out over debt.....
Poll: Many Americans suffering from debt-related stress
Millions dependent on Social Security aren no longer able to make ends meet due to false CPI reports.
Hospitals and schools are running out of funds....
When you don't produce anymore, and you are indebted up to your gills....if your primary production is war/military, and you refuse to live within your means....you only have one option left....fight to take over production from everyone else or starve to death.
Did you Fools forget WW2 so quickly? We took over practically all of the production of the world for a few decades. It was easy to pay back our debt. Winner take all.....and we did.
This time around let's hope we seriously win....becasue if we don't, the consequences will be way beyond the scope of CAPS.
Did you really think you could stare at the ticker and not produce very much? We became a nation of pancake eaters while the rest of the world increased production.....now we learn what happens when we only consume pancakes and not produce very much........
and that which we did produce was primarily the product of credit.....now that the bankers that we just bailed out cut off the producers from credit...we really are not producing much anymore....and that which we are producing is shrinking everyday.
Have a memorable Memorial Day....it could mean something very different next year.
RSS Headlines
Fool UK