Godlike Productions - Conspiracy Forum
Users Online Now: 1,822 (Who's On?)Visitors Today: 537,813
Pageviews Today: 772,005Threads Today: 231Posts Today: 4,491
07:41 AM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

There's no way around the math that an economic collapse is coming!

 
Anonymous Coward
User ID: 1246675
United States
03/04/2012 12:22 AM
Report Abusive Post
Report Copyright Violation
There's no way around the math that an economic collapse is coming!
The only question is...When?

It doesn't matter if you want to believe it or not, the math is absolute and there's no way of avoiding the coming economic/financial collapse.

With the current national debt at $15 Trillion, the next Pesident would have to expand it to $30 Trillion to maintain the shell game. Which at these levels the math simply won't allow the manipulation to continue and the house of cards WILL collapse.

[link to www.youtube.com]
superfluous moon

User ID: 835398
Australia
03/04/2012 12:23 AM
Report Abusive Post
Report Copyright Violation
Re: There's no way around the math that an economic collapse is coming!
one could deny it is happening by bashing david wilcock....
superfluous moon
Anonymous Coward
User ID: 10432431
United States
03/04/2012 12:27 AM
Report Abusive Post
Report Copyright Violation
Re: There's no way around the math that an economic collapse is coming!
The only question is...When?

It doesn't matter if you want to believe it or not, the math is absolute and there's no way of avoiding the coming economic/financial collapse.

With the current national debt at $15 Trillion, the next Pesident would have to expand it to $30 Trillion to maintain the shell game. Which at these levels the math simply won't allow the manipulation to continue and the house of cards WILL collapse.

[link to www.youtube.com]
 Quoting: Anonymous Coward 1246675


sbustard
Anonymous Coward
User ID: 10056415
United States
03/04/2012 12:30 AM
Report Abusive Post
Report Copyright Violation
Re: There's no way around the math that an economic collapse is coming!
The only question is...When?

It doesn't matter if you want to believe it or not, the math is absolute and there's no way of avoiding the coming economic/financial collapse.

With the current national debt at $15 Trillion, the next Pesident would have to expand it to $30 Trillion to maintain the shell game. Which at these levels the math simply won't allow the manipulation to continue and the house of cards WILL collapse.

[link to www.youtube.com]
 Quoting: Anonymous Coward 1246675





As long as I have the money for current purchases in order to plan longevity it matters not!


:-)
Anonymous Coward (OP)
User ID: 1246675
United States
03/04/2012 12:31 AM
Report Abusive Post
Report Copyright Violation
Re: There's no way around the math that an economic collapse is coming!
The only question is...When?

It doesn't matter if you want to believe it or not, the math is absolute and there's no way of avoiding the coming economic/financial collapse.

With the current national debt at $15 Trillion, the next Pesident would have to expand it to $30 Trillion to maintain the shell game. Which at these levels the math simply won't allow the manipulation to continue and the house of cards WILL collapse.

[link to www.youtube.com]
 Quoting: Anonymous Coward 1246675


sbustard
 Quoting: Anonymous Coward 10432431


Sorry, but the shortbus manufacturers aren't going to be pulling the economy out of this. Try again assclown!
Anonymous Coward
User ID: 9968554
United States
03/04/2012 12:38 AM
Report Abusive Post
Report Copyright Violation
Re: There's no way around the math that an economic collapse is coming!
The house of cards collapsed but the sheep don't yet know because they are still able to eat. When they are hungry they will know and that is why our government has set up their depts to protect themselves from the roving masses. We produce very little in comparasion to the rest of the world. the world no longer needs the dollar but fucktards in this country need the dollar to be the reserve or they will be just poor mofo's like the rest of us. These assholes will start WWIII to prevent thier poverty.
Anonymous Coward
User ID: 11694332
United States
03/04/2012 12:41 AM
Report Abusive Post
Report Copyright Violation
Re: There's no way around the math that an economic collapse is coming!
The house of cards collapsed but the sheep don't yet know because they are still able to eat. When they are hungry they will know and that is why our government has set up their depts to protect themselves from the roving masses. We produce very little in comparasion to the rest of the world. the world no longer needs the dollar but fucktards in this country need the dollar to be the reserve or they will be just poor mofo's like the rest of us. These assholes will start WWIII to prevent thier poverty.
 Quoting: Anonymous Coward 9968554


clappa
Anonymous Coward
User ID: 4472362
Canada
03/04/2012 12:48 AM
Report Abusive Post
Report Copyright Violation
Re: There's no way around the math that an economic collapse is coming!
they are getting rid of our pension here - bumping the age up to 67 from 65.

might as well just admit they want to scrap it altogether
Anonymous Coward
User ID: 6998574
United States
03/04/2012 12:50 AM
Report Abusive Post
Report Copyright Violation
Re: There's no way around the math that an economic collapse is coming!
First of all thank you for stating this in a thread. I try to explain this all the time to the useless eaters but they clutch to the broken fiat like my dog guards a table scrap.

One possible scenario may come out of this however, and perhaps this is how it's been all along, is that they have so much manipulation power that they start totally disregarding true financial numbers and report what they think we need to see. Like the gold market, completely detached from reality. From that point who knows what would happen. But financial guys would have to be suicided by the fold world wide. It would be the ultimate hat trick.
Andrew Jackson

User ID: 11817840
United States
03/04/2012 12:52 AM
Report Abusive Post
Report Copyright Violation
Re: There's no way around the math that an economic collapse is coming!
Economic collapse is not unavoidable, just nothing is being done to avoid it.

TPTB run the show, none of us really know what they are up to. Likely they'll run the debt up as far as they can, they own most of the debt, and most of the wealth the debt created.

We'll all just go on being there slaves, getting less and less for our work, and paying more and more on the debt.

Lots of us tried to stop all this before it got out of hand, 1992, but Americans Voted for the Guy whom said he'd buy them a computer.

The only real way to try to avoid the economic slavery that will be laid down on the masses in America is to rework the entire system.

Whom ever though it was a good idea to base the system on Usury money, biggest damned fool of all time.
“Wash yourselves, make yourselves clean;
Remove the evil of your deeds from My sight.
Cease to do evil,
Learn to do good;Seek justice,
Reprove the ruthless,Defend the orphan,Plead for the widow.

Your Governance is puppet whore of the Banks, it is not a real boy. Stop pretending it can move on it's own.
Anonymous Coward
User ID: 11851597
United States
03/04/2012 12:53 AM
Report Abusive Post
Report Copyright Violation
Re: There's no way around the math that an economic collapse is coming!
bsflag
Anonymous Coward
User ID: 1488694
Ireland
03/04/2012 12:56 AM
Report Abusive Post
Report Copyright Violation
Re: There's no way around the math that an economic collapse is coming!
Space_Ace

User ID: 10562758
United States
03/04/2012 12:56 AM
Report Abusive Post
Report Copyright Violation
Re: There's no way around the math that an economic collapse is coming!
Let the fiat and debt bubble crash. After the mass arrests, we will go back to the gold standard.
1. Mass arrests of elites are ongoing, so don't worry be happy!
2. Banker resignations are in the hundreds and at that rate, victory by May!
3. NESARA, disclosure, ascension are all possible this year, be open minded!
4. Robogirls that look/act human and artificial wombs will burst the misandry bubble and free men!
s. d. butler

User ID: 11369488
United States
03/04/2012 12:56 AM
Report Abusive Post
Report Copyright Violation
Re: There's no way around the math that an economic collapse is coming!
Economic collapse is not unavoidable, just nothing is being done to avoid it.

TPTB run the show, none of us really know what they are up to. Likely they'll run the debt up as far as they can, they own most of the debt, and most of the wealth the debt created.

We'll all just go on being there slaves, getting less and less for our work, and paying more and more on the debt.

Lots of us tried to stop all this before it got out of hand, 1992, but Americans Voted for the Guy whom said he'd buy them a computer.

The only real way to try to avoid the economic slavery that will be laid down on the masses in America is to rework the entire system.

Whom ever though it was a good idea to base the system on Usury money, biggest damned fool of all time.
 Quoting: Andrew Jackson



What President Andrew Jackson said about the central bankers seems a good start.
Anonymous Coward
User ID: 11860121
Canada
03/04/2012 12:56 AM
Report Abusive Post
Report Copyright Violation
Re: There's no way around the math that an economic collapse is coming!
I must post this article in it's entirety since it is no longer on the internet anywhere. It appeared in late 2008 on Market Ticker and explains why it is mathematicaly impossible for a recovery to take place in America. This depression is forever.


++++++++++++++++++++++++++++++++++++++++++++++


Congress: What Bernanke and Hank Aren't Telling You
Congress: Think.

Ben and Hank have both told you that the critical issue for the economy is for "lending to resume", stating that it has dramatically contracted.

If this was the truth, then Ben and Hank would have come to you for $700 billion in the TARP, but instead of TARPing the money, they would have asked for permission to use it to capitalize 10 new banks which would be immediately IPO'd off to the public with the stake being in the form of some kind of super-senior debt that held a coupon high enough to encourage immediate (or nearly-so) replacement with private capital.

This would have resulted in an aggregate of seven trillion worth of new lending capacity in the economy, an amount that, incidentally, would allow the full replacement of Fannie and Freddie as holders of housing debt with about $2 trillion left over for credit cards, auto and business loans.

That would have immediately solved the "credit freeze" problem.

So why wasn't this proposed?

This is the reason:

See chart still at the link
[link to market-ticker.org]



In short, it wouldn't have done anything because the economy only grows at a rate of about 20 cents for every dollar of debt taken on. That is, it takes five dollars of debt to generate one new dollar of GDP. The bad news is that once you reach the "$1 for $1" level you are no longer able to finance growth with debt, and it becomes inevitable that you will begin to finance debt with debt.

That, of course generates no GDP at all but precipitously tightens the spiral. We crossed that Rubicon roughly around 1968, and you have had this fact concealed from you. The Truth is that we now require about $5 of debt to generate $1 of GDP.

The Truth is that the reason you were not asked to approve $700 billion to capitalize 10 new banks, thereby creating seven trillion in lending capacity is that the economy cannot soak up that new lending capacity; each dollar of new debt generates almost no aggregate GDP. If this were not true then that would be the logical and effective cure for the 'credit crunch" - if the borrowing capacity and impact on GDP necessary to help existed. They do not.

The Truth is that you were lied to about the purpose of the TARP/EESA, because what you were sold was mathematically impossible. It is supposed to be unlawful to lie to Congress.

The Truth is that the purpose of the EESA/TARP is to rescue the bankers on Wall Street and elsewhere who have made imprudent loans, all of whom are aware of the declining value of a dollar of debt in the economy - a fact they have intentionally concealed from you. The bankers (including Hank and Ben) all know how to do this math, and they are well-aware that the best they can do at this point is to "Rob every dollar you can while the getting is good, and hope they don't figure it out before you get the cash."

The Truth is that once you reach a level where a dollar in debt will not support a dollar in GDP you must inevitably either pay down or default that excess debt. Unfortunately, in this case we must pay down or default approximately 80% of the aggregate public and private debt in the United States in order to return to a standard were $1 in debt will generate $1 in GDP. Defaulting or paying down less will "turn the clock back" to a degree, but does not change the ultimate outcome. Only returning to $1 of debt returning $1 or more of GDP, and holding the total level of debt outstanding at or below that level, results in a stable monetary system.

The Truth is that the monetary and banking system is inherently unstable until and unless this is done, and as the "zero point" is approached it becomes more and more unstable, producing more and more violent dislocations. This is why every crisis since 1968 has been more serious and required larger and more intrusive interventions to calm, including the 1970s/80s energy shocks and inflation crisis, the 1987 market dislocation, the LTCM crisis, the Tech Implosion and now the Credit Bubble/Housing crash.

The Truth is that the absolute worst thing you can do when "in the hole" like this is to spend even more on a deficit basis, thereby driving the debt ratio higher and return-per-dollar-of-debt in GDP lower. The last eight years have been disastrous in this regard.

The Truth is that the TARP/EESA and other "stimulus" and "rescue" packages, which now total more than $1.6 trillion dollars, have dramatically tightened the spiral depicted above. The above graph does not include the impact of the Fannie and Freddie rescue nor of the EESA. Both will move the return-per-dollar-of-debt meaningfully lower.

The Truth is that $7 trillion in new lending capacity, if it was put into the market and utilized, might well push the aggregate rate of return for $1 in debt below zero - that is, force it to a negative rate of return. Ben and Hank know this, which is why they didn't propose that solution, and why they did not force the bankers (under law) to lend out the recapitalization they provided.

The Truth is that if we reach the point where a dollar of debt has a NEGATIVE impact on GDP The United States monetary system and government will implode. The reason for this is mathematically obvious - each additional dollar of borrowing beyond that point actually contracts GDP instead of growing it; this is, for all intents and purposes, a "black hole". It is that event that has led to the implosion of other monetary systems such as the hyperinflationary implosion of Argentina.

The above are mathematical facts, not my or anyone else's opinion.

It is your job to safeguard this nation and prevent this outcome, even if you are lied to or have these facts concealed from you by people who know better.

We are dangerously close to that event horizon and your actions are bringing us closer to it, not moving us further away.

Debt that cannot be serviced must be defaulted. While it sounds counter-intuitive, the "bad mortgages" must foreclose, not be reworked. All of them.

House prices must fall to no more than 3.5x incomes on a median basis.

Corporate debt (e.g. LBOs, etc) that cannot be serviced under existing terms must be allowed to, and indeed encouraged to, default.

The contraction in outstanding debt that this will produce must occur, and the economic impact that results from it, while painful, is far less painful than a monetary system failure.

A monetary system failure is inevitable if we reach the point where one dollar of new debt no longer supports a positive contribution to GDP.

Again: This is mathematics, not social science or politics. It is not subject to your or anyone else's desires or political aspirations. It is as certain mathematically as is the fact that 2 + 2 = 4.
Anonymous Coward
User ID: 10432431
United States
03/04/2012 01:04 AM
Report Abusive Post
Report Copyright Violation
Re: There's no way around the math that an economic collapse is coming!
bsflag
truth ftw

User ID: 7254491
United States
03/04/2012 01:07 AM
Report Abusive Post
Report Copyright Violation
Re: There's no way around the math that an economic collapse is coming!
"Their goal is to bankrupt the whole world to where nothing is of any value, and then come back and solve all the problems."

John Todd (RIP), former Illuminati Rothschild witch, testifying about the Illuminati back in the 1970's when virtually nobody had ever heard of it [link to www.jesus-is-savior.com]
Andrew Jackson

User ID: 11817840
United States
03/04/2012 01:24 AM
Report Abusive Post
Report Copyright Violation
Re: There's no way around the math that an economic collapse is coming!
Economic collapse is not unavoidable, just nothing is being done to avoid it.

TPTB run the show, none of us really know what they are up to. Likely they'll run the debt up as far as they can, they own most of the debt, and most of the wealth the debt created.

We'll all just go on being there slaves, getting less and less for our work, and paying more and more on the debt.

Lots of us tried to stop all this before it got out of hand, 1992, but Americans Voted for the Guy whom said he'd buy them a computer.

The only real way to try to avoid the economic slavery that will be laid down on the masses in America is to rework the entire system.

Whom ever though it was a good idea to base the system on Usury money, biggest damned fool of all time.
 Quoting: Andrew Jackson



What President Andrew Jackson said about the central bankers seems a good start.
 Quoting: s. d. butler


The Jacksonian age is long past, Jackson did not understand Money or the true nature of a National Economy.

He shut down a corrupt Bank, as well he should have. Yet he should have returned the money powers to the State, it's a flaw in the Constitution, I assume, I've never read the real one.

The State and the money powers go hand in hand.

Without the money powers, there is no state, only the illusion of one. Letting Privet Banks control the creation and destruction of money makes the Banks the State.

The Banks have the True power, Jackson and the Jacksonians tried to end Fractional Reserve Lending, because this gave the Banks the power to "Make money" form nothing.

Jackson also sold all the federal land, the Government was land hording, driving up the cost of land( Price Fixing ).

The federal governance today is the largest holder of US land( Price Fixing ).

He also payed off the National Debt.

Only mistake he really made was what the Constitution did not really allow him to do. Make the State the sole power to produce and destroy money.

Money only comes from debt, not public debt, privet debt. If the Government made interest free loans to credit worthy borrowers, creating the money when the loan was given, and destroying the money when the loans were repaid, that would fix the system.

It's simple, yet none understand the true nature of money, Proof of debt.
“Wash yourselves, make yourselves clean;
Remove the evil of your deeds from My sight.
Cease to do evil,
Learn to do good;Seek justice,
Reprove the ruthless,Defend the orphan,Plead for the widow.

Your Governance is puppet whore of the Banks, it is not a real boy. Stop pretending it can move on it's own.
Anonymous Coward (OP)
User ID: 1246675
United States
03/04/2012 01:29 AM
Report Abusive Post
Report Copyright Violation
Re: There's no way around the math that an economic collapse is coming!
bsflag
 Quoting: Anonymous Coward 10432431


First the shortbus, now the BS flagpole, wow you're a real critical thinker aren't you? You must have been valadictorian at assclown school!
Anonymous Coward
User ID: 11740356
United States
03/04/2012 01:38 AM
Report Abusive Post
Report Copyright Violation
Re: There's no way around the math that an economic collapse is coming!
The inflation/debt will continue as long as the petrodollar does. Watch OPEC.
Stu

User ID: 3643288
United States
03/04/2012 01:49 AM

Report Abusive Post
Report Copyright Violation
Re: There's no way around the math that an economic collapse is coming!
dont believe the greenshoots bullshit

math never lies
_____________________________________
There is no use removing doubts one by one. If we clear one doubt another doubt will arise and there will be no end of doubts. But, if by seeking the doubter, the doubter is found to be really non-existent, then all doubts will cease. -- Ramana Maharshi


You have to keep breaking
your heart until it opens.

~ Rumi
Anonymous Coward (OP)
User ID: 1246675
United States
03/04/2012 11:22 AM
Report Abusive Post
Report Copyright Violation
Re: There's no way around the math that an economic collapse is coming!
<bump>
humanitech
User ID: 11144827
United Kingdom
03/04/2012 03:15 PM
Report Abusive Post
Report Copyright Violation
Re: There's no way around the math that an economic collapse is coming!
The only question is...When?

It doesn't matter if you want to believe it or not, the math is absolute and there's no way of avoiding the coming economic/financial collapse.

With the current national debt at $15 Trillion, the next Pesident would have to expand it to $30 Trillion to maintain the shell game. Which at these levels the math simply won't allow the manipulation to continue and the house of cards WILL collapse.

[link to www.youtube.com]
 Quoting: Anonymous Coward 1246675


And thats only the info based of hard facts ... but sadly the hidden unchecked stock (casino gambling)markets ..such as derrivitives is far more toxic and well beyond individual sovereign debts...so it's going to be very messy ride once the bullshit stops and the real depression hit and corruption comes out..of course the wars will come just before this happens...otherwise we might actually wake up and do the right thing for a change..rather than turn on eachother LOL.
Anonymous Coward
User ID: 11909129
United States
03/04/2012 03:18 PM
Report Abusive Post
Report Copyright Violation
Re: There's no way around the math that an economic collapse is coming!
I await this......
Anonymous Coward
User ID: 7709473
United States
03/04/2012 03:22 PM
Report Abusive Post
Report Copyright Violation
Re: There's no way around the math that an economic collapse is coming!
Since most Americans dont understand Math, the coming reality is lost on them.

Honestly, I dont mind playing taps on an arrogant and haughty Nation.
Anonymous Coward
User ID: 11893537
United States
03/04/2012 03:29 PM
Report Abusive Post
Report Copyright Violation
Re: There's no way around the math that an economic collapse is coming!
15 trillion???????OP must be a fucking shill because when you factor in the unfunded liabilities like social security,medicare,medicaid,etc....it is closer to 150 TRILLION ...........and did you forget the DERIVATIVES?????????Add on another 5 QUADRILLION and squeal like a pig!!!!!!
Anonymous Coward
User ID: 11893537
United States
03/04/2012 03:32 PM
Report Abusive Post
Report Copyright Violation
Re: There's no way around the math that an economic collapse is coming!
And AMERIKA thinks it is so bad ass with all of their weapons....They were produced and paid for for by DIGITAL DOLLARS.....Just wait until the ink runs out......ARMAGEDDON!!!!!!!!
Anonymous Coward
User ID: 11132818
United States
03/04/2012 03:33 PM
Report Abusive Post
Report Copyright Violation
Re: There's no way around the math that an economic collapse is coming!
I must post this article in it's entirety since it is no longer on the internet anywhere. It appeared in late 2008 on Market Ticker and explains why it is mathematicaly impossible for a recovery to take place in America. This depression is forever.


++++++++++++++++++++++++++++++++++++++++++++++


Congress: What Bernanke and Hank Aren't Telling You
Congress: Think.

Ben and Hank have both told you that the critical issue for the economy is for "lending to resume", stating that it has dramatically contracted.

If this was the truth, then Ben and Hank would have come to you for $700 billion in the TARP, but instead of TARPing the money, they would have asked for permission to use it to capitalize 10 new banks which would be immediately IPO'd off to the public with the stake being in the form of some kind of super-senior debt that held a coupon high enough to encourage immediate (or nearly-so) replacement with private capital.

This would have resulted in an aggregate of seven trillion worth of new lending capacity in the economy, an amount that, incidentally, would allow the full replacement of Fannie and Freddie as holders of housing debt with about $2 trillion left over for credit cards, auto and business loans.

That would have immediately solved the "credit freeze" problem.

So why wasn't this proposed?

This is the reason:

See chart still at the link
[link to market-ticker.org]



In short, it wouldn't have done anything because the economy only grows at a rate of about 20 cents for every dollar of debt taken on. That is, it takes five dollars of debt to generate one new dollar of GDP. The bad news is that once you reach the "$1 for $1" level you are no longer able to finance growth with debt, and it becomes inevitable that you will begin to finance debt with debt.

That, of course generates no GDP at all but precipitously tightens the spiral. We crossed that Rubicon roughly around 1968, and you have had this fact concealed from you. The Truth is that we now require about $5 of debt to generate $1 of GDP.

The Truth is that the reason you were not asked to approve $700 billion to capitalize 10 new banks, thereby creating seven trillion in lending capacity is that the economy cannot soak up that new lending capacity; each dollar of new debt generates almost no aggregate GDP. If this were not true then that would be the logical and effective cure for the 'credit crunch" - if the borrowing capacity and impact on GDP necessary to help existed. They do not.

The Truth is that you were lied to about the purpose of the TARP/EESA, because what you were sold was mathematically impossible. It is supposed to be unlawful to lie to Congress.

The Truth is that the purpose of the EESA/TARP is to rescue the bankers on Wall Street and elsewhere who have made imprudent loans, all of whom are aware of the declining value of a dollar of debt in the economy - a fact they have intentionally concealed from you. The bankers (including Hank and Ben) all know how to do this math, and they are well-aware that the best they can do at this point is to "Rob every dollar you can while the getting is good, and hope they don't figure it out before you get the cash."

The Truth is that once you reach a level where a dollar in debt will not support a dollar in GDP you must inevitably either pay down or default that excess debt. Unfortunately, in this case we must pay down or default approximately 80% of the aggregate public and private debt in the United States in order to return to a standard were $1 in debt will generate $1 in GDP. Defaulting or paying down less will "turn the clock back" to a degree, but does not change the ultimate outcome. Only returning to $1 of debt returning $1 or more of GDP, and holding the total level of debt outstanding at or below that level, results in a stable monetary system.

The Truth is that the monetary and banking system is inherently unstable until and unless this is done, and as the "zero point" is approached it becomes more and more unstable, producing more and more violent dislocations. This is why every crisis since 1968 has been more serious and required larger and more intrusive interventions to calm, including the 1970s/80s energy shocks and inflation crisis, the 1987 market dislocation, the LTCM crisis, the Tech Implosion and now the Credit Bubble/Housing crash.

The Truth is that the absolute worst thing you can do when "in the hole" like this is to spend even more on a deficit basis, thereby driving the debt ratio higher and return-per-dollar-of-debt in GDP lower. The last eight years have been disastrous in this regard.

The Truth is that the TARP/EESA and other "stimulus" and "rescue" packages, which now total more than $1.6 trillion dollars, have dramatically tightened the spiral depicted above. The above graph does not include the impact of the Fannie and Freddie rescue nor of the EESA. Both will move the return-per-dollar-of-debt meaningfully lower.

The Truth is that $7 trillion in new lending capacity, if it was put into the market and utilized, might well push the aggregate rate of return for $1 in debt below zero - that is, force it to a negative rate of return. Ben and Hank know this, which is why they didn't propose that solution, and why they did not force the bankers (under law) to lend out the recapitalization they provided.

The Truth is that if we reach the point where a dollar of debt has a NEGATIVE impact on GDP The United States monetary system and government will implode. The reason for this is mathematically obvious - each additional dollar of borrowing beyond that point actually contracts GDP instead of growing it; this is, for all intents and purposes, a "black hole". It is that event that has led to the implosion of other monetary systems such as the hyperinflationary implosion of Argentina.

The above are mathematical facts, not my or anyone else's opinion.

It is your job to safeguard this nation and prevent this outcome, even if you are lied to or have these facts concealed from you by people who know better.

We are dangerously close to that event horizon and your actions are bringing us closer to it, not moving us further away.

Debt that cannot be serviced must be defaulted. While it sounds counter-intuitive, the "bad mortgages" must foreclose, not be reworked. All of them.

House prices must fall to no more than 3.5x incomes on a median basis.

Corporate debt (e.g. LBOs, etc) that cannot be serviced under existing terms must be allowed to, and indeed encouraged to, default.

The contraction in outstanding debt that this will produce must occur, and the economic impact that results from it, while painful, is far less painful than a monetary system failure.

A monetary system failure is inevitable if we reach the point where one dollar of new debt no longer supports a positive contribution to GDP.

Again: This is mathematics, not social science or politics. It is not subject to your or anyone else's desires or political aspirations. It is as certain mathematically as is the fact that 2 + 2 = 4.
 Quoting: Anonymous Coward 11860121


now, you AND I know how things really work. One can only wonder what parallel universe the BS flag fliers live in
Anonymous Coward
User ID: 1015009
United States
03/04/2012 04:10 PM
Report Abusive Post
Report Copyright Violation
Re: There's no way around the math that an economic collapse is coming!
so what if it crashed. I know people would lose alot, but we would still be alive and the earth would keep turning. All of the materials we use in business and our lives would still be here, its just the imaginary dollar signs would be gone. We would just have to figure out how to turn the machine again. Personally i think even it crashed people would still go to work and keep the machine turning till we figured it all out. What happens when we have a major disaster? We always seem to pull ourselves together and get shit done. This will be no different.
Anonymous Coward
User ID: 10223986
United States
03/04/2012 04:17 PM
Report Abusive Post
Report Copyright Violation
Re: There's no way around the math that an economic collapse is coming!
Every person who predicts economic collapse is now labeled a Fuckin Asshole...........

Everybody is tired of it. You have failed. Your predictions have failed...


No one cares anymore , how much evidence you have...

the prediction shave been wrong. they have been wrong, time and time again. unemployment is going down, the dow is going up..the economy while not great is getting better...

now, please, dont type all those "excuses" and "warnings" about what is "going on" and what is "going to happen"

fuckin retards. every last one of ya............you have failed.
Anonymous Coward
User ID: 10868788
United States
03/04/2012 04:19 PM
Report Abusive Post
Report Copyright Violation
Re: There's no way around the math that an economic collapse is coming!
Every person who predicts economic collapse is now labeled a Fuckin Asshole...........

Everybody is tired of it. You have failed. Your predictions have failed...


No one cares anymore , how much evidence you have...

the prediction shave been wrong. they have been wrong, time and time again. unemployment is going down, the dow is going up..the economy while not great is getting better...

now, please, dont type all those "excuses" and "warnings" about what is "going on" and what is "going to happen"

fuckin retards. every last one of ya............you have failed.
 Quoting: Anonymous Coward 10223986


That's a trenchant analysis.

Of course everything's swell, why last night there was a line of folks waiting to be seated at Red Robin.

News








Proud Member Of The Angry Mob