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WTF !! Labor Minister Says France Is "Totally Bankrupt" !!

 
Anonymous Coward
User ID: 33200643
01/28/2013 08:25 PM
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Re: WTF !! Labor Minister Says France Is "Totally Bankrupt" !!
No country with fiat money can go bancrupt.
 Quoting: Anonymous Coward 33200643


Sure it can, banks, corporations and individuals all hold government debt as assets. Once you have diluted something to the point where it no longer holds value, you have reached a point of bankruptcy and all those bonds held by governments corporations and individuals is worthless.

Eventually all this debt will be repudiated as you can't even issue enough new debt to pay interest on the past debt.

Learn about exponential math.

.
 Quoting: Anonymous Coward 961432


Nothing to worry about for at least 20 years.
 Quoting: Anonymous Coward 33200643


How much of your income was devoted to food, shelter, energy 20 years ago versus today?

 Quoting: Anonymous Coward 961432


There have never as many fat people in America as today.
Anonymous Coward
User ID: 961432
United States
01/28/2013 08:34 PM
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Re: WTF !! Labor Minister Says France Is "Totally Bankrupt" !!
...


Sure it can, banks, corporations and individuals all hold government debt as assets. Once you have diluted something to the point where it no longer holds value, you have reached a point of bankruptcy and all those bonds held by governments corporations and individuals is worthless.

Eventually all this debt will be repudiated as you can't even issue enough new debt to pay interest on the past debt.

Learn about exponential math.

.
 Quoting: Anonymous Coward 961432


Nothing to worry about for at least 20 years.
 Quoting: Anonymous Coward 33200643


How much of your income was devoted to food, shelter, energy 20 years ago versus today?

 Quoting: Anonymous Coward 961432


There have never as many fat people in America as today.
 Quoting: Anonymous Coward 33200643


That's because their diets include cheap mass produced processed food (subsidized by socialized government spending on corn producers) which coincidentally had gone up in price over 20 years as well.

charlie
Anonymous Coward
User ID: 32903826
United States
01/28/2013 08:43 PM
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Re: WTF !! Labor Minister Says France Is "Totally Bankrupt" !!
No country with fiat money can go bancrupt.
 Quoting: Anonymous Coward 33200643


well, then, why did the Soviet Union economically collapse
to the point that they don't even exist anymore?
 Quoting: Anonymous Coward 32903826


They didn't collapse because of debt.
 Quoting: Anonymous Coward 33200643


yes, it was a total economic collapse. and no, Ronald Regan did not
single-handedly destroy the evil empire Soviet Union.
Anonymous Coward
User ID: 17770592
New Zealand
01/28/2013 08:45 PM
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Re: WTF !! Labor Minister Says France Is "Totally Bankrupt" !!
So what? The US has been for years.
Anonymous Coward
User ID: 27264582
United States
01/28/2013 08:58 PM
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Re: WTF !! Labor Minister Says France Is "Totally Bankrupt" !!
Thats why they are in Mali.The 'cental banks' gold that no longer is there or is tungsten coated must be replaced before returning it to the countries of original ownership.
Anonymous Coward
User ID: 961432
United States
01/28/2013 09:02 PM
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Re: WTF !! Labor Minister Says France Is "Totally Bankrupt" !!
Thats why they are in Mali.The 'cental banks' gold that no longer is there or is tungsten coated must be replaced before returning it to the countries of original ownership.
 Quoting: Anonymous Coward 27264582


And make sure no one can check the warehousing receipts to verify continuity of serial numbers on the bars.

.
Anonymous Coward
User ID: 1184364
United States
01/28/2013 11:00 PM
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Re: WTF !! Labor Minister Says France Is "Totally Bankrupt" !!
Serves the French right for spending all their money on the new ERYX shoulder launch missile system...

[link to www.youtube.com]








chuckle
Wubbo Ockels

User ID: 1101455
Netherlands
01/29/2013 07:01 AM

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Re: WTF !! Labor Minister Says France Is "Totally Bankrupt" !!
bump
R.I.P. for the real Wubbo Ockels. He was a true icon of my country, and a great front-fighter for sustainable energie/technology and humanism.

"Yes, we have hurdles, we have distractions, we have disasters, personally and world-wide, and we do have to work it all out ourselves. BUT, there is a most amazing experience awaiting us on the other end of the finish-line.
The idea being, once we can handle it all down here, then we can live and explore eternally, responsibly, because we know what not to do, and not be resentful about being responsible, so we don't start a polarity domino effect in the other realms of existence."

"The Fraction" of Life can be increased in value not so much by increasing your Numerator as by lessening your Denominator. Nay, unless my Algebra deceive me, Unity itself divided by Zero will give Infinity."

Thread: LADIES & GENTLEMEN: I PRESENT to YOU OUR NEW SUN !!
Wubbo Ockels

User ID: 1101455
Netherlands
01/29/2013 07:03 AM

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Re: WTF !! Labor Minister Says France Is "Totally Bankrupt" !!
NIP SHIT PIS!!


.
R.I.P. for the real Wubbo Ockels. He was a true icon of my country, and a great front-fighter for sustainable energie/technology and humanism.

"Yes, we have hurdles, we have distractions, we have disasters, personally and world-wide, and we do have to work it all out ourselves. BUT, there is a most amazing experience awaiting us on the other end of the finish-line.
The idea being, once we can handle it all down here, then we can live and explore eternally, responsibly, because we know what not to do, and not be resentful about being responsible, so we don't start a polarity domino effect in the other realms of existence."

"The Fraction" of Life can be increased in value not so much by increasing your Numerator as by lessening your Denominator. Nay, unless my Algebra deceive me, Unity itself divided by Zero will give Infinity."

Thread: LADIES & GENTLEMEN: I PRESENT to YOU OUR NEW SUN !!
Wubbo Ockels

User ID: 1101455
Netherlands
01/29/2013 07:10 AM

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Re: WTF !! Labor Minister Says France Is "Totally Bankrupt" !!
bump
R.I.P. for the real Wubbo Ockels. He was a true icon of my country, and a great front-fighter for sustainable energie/technology and humanism.

"Yes, we have hurdles, we have distractions, we have disasters, personally and world-wide, and we do have to work it all out ourselves. BUT, there is a most amazing experience awaiting us on the other end of the finish-line.
The idea being, once we can handle it all down here, then we can live and explore eternally, responsibly, because we know what not to do, and not be resentful about being responsible, so we don't start a polarity domino effect in the other realms of existence."

"The Fraction" of Life can be increased in value not so much by increasing your Numerator as by lessening your Denominator. Nay, unless my Algebra deceive me, Unity itself divided by Zero will give Infinity."

Thread: LADIES & GENTLEMEN: I PRESENT to YOU OUR NEW SUN !!
MHz

User ID: 32332417
Canada
01/29/2013 07:12 AM
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Re: WTF !! Labor Minister Says France Is "Totally Bankrupt" !!
Thats why they are in Mali.The 'cental banks' gold that no longer is there or is tungsten coated must be replaced before returning it to the countries of original ownership.
 Quoting: Anonymous Coward 27264582

That would be the Rothschild coffers, that is wher all the gold is headed no matter what the heads of States say.

You don't really think Germany (for example) can cough up $7T and have anything left do you?

Last Edited by MHz on 01/29/2013 07:14 AM
Anonymous Coward
User ID: 33230822
United States
01/29/2013 07:20 AM
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Re: WTF !! Labor Minister Says France Is "Totally Bankrupt" !!
the whole world is bankrupt.
national insolvency is how they intend
to drive all countries to the
NWO and a one world bank.
Anonymous Coward
User ID: 1494776
India
01/29/2013 07:30 AM
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Re: WTF !! Labor Minister Says France Is "Totally Bankrupt" !!
What happened to Greek exit from Euro? Spain's bankruptcy?

I will put my faith on TPTB rather than conspiracytards. Even if they are stealing, they are making sure that the people do not suffer a depression. They are in a way helping the common sheeple.


s226
Wubbo Ockels

User ID: 1101455
Netherlands
01/29/2013 07:50 AM

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Re: WTF !! Labor Minister Says France Is "Totally Bankrupt" !!
bump
R.I.P. for the real Wubbo Ockels. He was a true icon of my country, and a great front-fighter for sustainable energie/technology and humanism.

"Yes, we have hurdles, we have distractions, we have disasters, personally and world-wide, and we do have to work it all out ourselves. BUT, there is a most amazing experience awaiting us on the other end of the finish-line.
The idea being, once we can handle it all down here, then we can live and explore eternally, responsibly, because we know what not to do, and not be resentful about being responsible, so we don't start a polarity domino effect in the other realms of existence."

"The Fraction" of Life can be increased in value not so much by increasing your Numerator as by lessening your Denominator. Nay, unless my Algebra deceive me, Unity itself divided by Zero will give Infinity."

Thread: LADIES & GENTLEMEN: I PRESENT to YOU OUR NEW SUN !!
Anonymous Coward
User ID: 33252594
United States
01/29/2013 08:39 AM
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Re: WTF !! Labor Minister Says France Is "Totally Bankrupt" !!
What happened to Greek exit from Euro? Spain's bankruptcy?

I will put my faith on TPTB rather than conspiracytards. Even if they are stealing, they are making sure that the people do not suffer a depression. They are in a way helping the common sheeple.


s226
 Quoting: Anonymous Coward 1494776


True, they do seem to find a way out. It usually means another way of extracting a few more bucks from people, slowly, incrementally.

Will there be a tipping point? A "Fiscal Cliff" financial event that brings it all down? Maybe. Possibly some catastrophic event, like a huge earthquake, tsunami, volcano, etc. may push things over rapidly.

I think it will go the way of an old building, where maintenance is forestalled. A slow, withering collapse. We can see it in the infrastructure now.
MHz

User ID: 32332417
Canada
01/29/2013 08:42 AM
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Re: WTF !! Labor Minister Says France Is "Totally Bankrupt" !!
the whole world is bankrupt.
national insolvency is how they intend
to drive all countries to the
NWO and a one world bank.
 Quoting: Anonymous Coward 33230822

$50T and counting, no Nation can ever clear their books, by design.
[link to www.economist.com]
Wubbo Ockels

User ID: 1101455
Netherlands
01/29/2013 10:52 AM

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Re: WTF !! Labor Minister Says France Is "Totally Bankrupt" !!
bump
R.I.P. for the real Wubbo Ockels. He was a true icon of my country, and a great front-fighter for sustainable energie/technology and humanism.

"Yes, we have hurdles, we have distractions, we have disasters, personally and world-wide, and we do have to work it all out ourselves. BUT, there is a most amazing experience awaiting us on the other end of the finish-line.
The idea being, once we can handle it all down here, then we can live and explore eternally, responsibly, because we know what not to do, and not be resentful about being responsible, so we don't start a polarity domino effect in the other realms of existence."

"The Fraction" of Life can be increased in value not so much by increasing your Numerator as by lessening your Denominator. Nay, unless my Algebra deceive me, Unity itself divided by Zero will give Infinity."

Thread: LADIES & GENTLEMEN: I PRESENT to YOU OUR NEW SUN !!

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