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Re: The US economy is in big trouble along with the whole world  

By: Cactus Flower in ALEA | Recommend this post (1)
Tue, 09 Dec 14 8:23 PM | 25 view(s)
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Msg. 16506 of 54959
(This msg. is a reply to 16503 by georgia)

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Last I heard the enslavement system was controlled by the debt game. Then it turned out the US is the world's biggest debtor. So it wasn't clear how the US was anything but the slave.

Now the US prints worthless money out of nothing. Why would others sell things for a worthless currency? If there's excess money, this doesn't cause inflation? Interest rates are at historic lows because people don't think dollars are valuable?

None of this seems to make any sense to me. Looks like a theory of the world trying to find a mechanism but somehow botching the economics. You need to have some vague idea of money and debt and interest rates to deliver a worthwhile theory. Otherwise it's just bunk and I don't monitor a space for that. It's best posted elsewhere.


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The above is a reply to the following message:
The US economy is in big trouble along with the whole world
By: georgia
in ALEA
Tue, 09 Dec 14 8:03 PM
Msg. 16503 of 54959

Not just Russia. Many countries thankfully are moving away from the enslavement to the dollar and when that gets to a significant point the US will no longer be able to sustain its print money out of thin air system that they use to control nations . Of course they will probably not go down without starting a major war to try and hold on to their desire for world hegemony.


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