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Is the U.S. Economy One Big Ponzi Scheme?

 
Anonymous Coward
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China
04/08/2019 02:45 AM
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Is the U.S. Economy One Big Ponzi Scheme?
Is the U.S. Economy One Big Ponzi Scheme?

[link to markanderson.bangordailynews.com (secure)]
Anonymous Coward
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Slovakia
04/08/2019 03:43 AM
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Re: Is the U.S. Economy One Big Ponzi Scheme?
Without any doubt. The huge debt Pyramid cannot be paid back, ever.
Anonymous Coward (OP)
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04/08/2019 03:48 AM
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Re: Is the U.S. Economy One Big Ponzi Scheme?
Patriots like Ron Paul, Rand Paul, Stossel, John Whitehead,
Kokesh, Cody Wilson, Manning, Amash, Gary Johnson, and Snowden should be praised, not mocked.

Freedom loving patriots cannot help being obsessed with trying to save the US. Everyone is born for a reason.

Americans either don't know that the USA is collapsing or they don't care.

The situation looks hopeless, but how can anyone watch a trainwreck without saying anything?

While Americans have turned into Nazis and Commies now and have different views of history, history does seem to repeating itself.

In 1929, there was a stock market collapse, there was a depression and trade war in the 1930's, and WWII started in 1939.

In 2008, there was a stock market collapse, there was a recession and trade war in the 2010's, and WWIII may happen soon.

Some of the disturbing differences this time are the debt, the US wars, the police state, immorality, illegal immigrants, technology, and the possibility that the elites want the 99% dead.

While no one knows the future, one likely scenario is that the US Ponzi economy implodes and the ruling class tries to distract Americans by starting WWIII with Russia, China, North Korea, and Iran.

The US economy might continue for 2 or 5 or 30 years, but one day the house of cards will crash. The US dollar will be worthless, there will be inflation, deflation, banks will shut, bankruptcies and foreclosures will rise, businesses will close, unemployment will soar, there will be bail-ins, capital controls, negative interest rates, riots, bank runs, bank holidays, and gold may be outlawed. Think 1929, 2008, and Greece all in one.

Riots and chaos from the collapse might push Americans to wake up and start a Civil war among Fascists and Communists or against the 1% or a race war. The ruling class might respond by opening concentration camps.

Americans might use snipers against police checkpoints, fly airplanes into government office buildings, and assassinate politicians.

Unless the USA falls suddenly like the Soviet Union or dies slowly like Venezuela or someone like Ron Paul is elected or the establishment folds or the American people get out into the streets and start demanding huge changes today, the revolution will be bloody.
Anonymous Coward
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Canada
04/08/2019 03:50 AM
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Re: Is the U.S. Economy One Big Ponzi Scheme?
You're the smartest guy here you know.
Anonymous Coward (OP)
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04/08/2019 03:54 AM
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Re: Is the U.S. Economy One Big Ponzi Scheme?
Credit expansion is not a cure to make people happy. The boom it engenders must inevitably lead to a debacle and unhappiness.
The ring of truth

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04/08/2019 03:56 AM

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Re: Is the U.S. Economy One Big Ponzi Scheme?
YESSSSS DUHH, most of the world will catch on soon.. But they can't do shit since we can blow up every country.. Lol
Anonymous Coward
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United States
04/08/2019 03:57 AM
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Re: Is the U.S. Economy One Big Ponzi Scheme?
Without any doubt. The huge debt Pyramid cannot be paid back, ever.
 Quoting: Anonymous Coward 76024704


[link to blackironprison.com]
The ring of truth

User ID: 54652592
United States
04/08/2019 03:58 AM

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Re: Is the U.S. Economy One Big Ponzi Scheme?
I don't even work, stay at home dad, and I have a credit card of 15 grand if I wanted to use it.. Lol
Anonymous Coward
User ID: 77536495
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04/08/2019 03:59 AM
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Re: Is the U.S. Economy One Big Ponzi Scheme?
I don't even work, stay at home dad, and I have a credit card of 15 grand if I wanted to use it.. Lol
 Quoting: The ring of truth


Keep that in reserve. One day you might need it. Take the 15 grand in cash and prizes and tear up the bill.
Anonymous Coward (OP)
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China
04/08/2019 04:12 AM
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Re: Is the U.S. Economy One Big Ponzi Scheme?
What if the only way to get the money to fight the elites is to work as a puppet for the 1% as an actor, journalist, stockbroker, or politician and after making millions, find that you want to protect your stash by defending the debt, wars, and police state designed by the ruling class?
Anonymous Coward
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United States
04/08/2019 04:16 AM
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Re: Is the U.S. Economy One Big Ponzi Scheme?
You're the smartest guy here you know.
 Quoting: Anonymous Coward 77536495



epiclol
Anonymous Coward
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United States
04/08/2019 04:18 AM
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Re: Is the U.S. Economy One Big Ponzi Scheme?
Credit expansion is not a cure to make people happy. The boom it engenders must inevitably lead to a debacle and unhappiness.
 Quoting: Anonymous Coward 77539063


Thank you special agent grasshopper

You must understand everyone on this continent isn’t stupid
Anonymous Coward
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04/08/2019 04:19 AM
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Re: Is the U.S. Economy One Big Ponzi Scheme?
Without any doubt. The huge debt Pyramid cannot be paid back, ever.
 Quoting: Anonymous Coward 76024704


That was the plan

otrike
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04/08/2019 04:20 AM

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Re: Is the U.S. Economy One Big Ponzi Scheme?
When the Democrats are in control it is.

"I don't give a tuppenny fuck about your moral conundrum, you meat-headed shit-sack." ~Bill the Butcher

"Any sufficiently advanced technology is indistinguishable from magic." ~Arthur C. Clarke

"He's a nut-bag! Just because the fucker's got a library card doesn't make him Yoda!" ~David Mills ~ Se7en


"THE PLANET IS FINE! THE PEOPLE ARE FUCKED" ~George Carlin


every-citizen
Anonymous Coward
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04/08/2019 04:20 AM
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Re: Is the U.S. Economy One Big Ponzi Scheme?
The US economy is based on the global economy, this is what is going on, and how it could be fixed.

Globalization is considered by some to be the savior of the developing world, but others see it as the destruction of the first world.
On one side people seek isolation with walls and brexit, on the other people call for open boarders.
The truth is corporations make too much profit from globalization and they have too much reach and influence with policy makers for globalization to end without full societal collapse.
On top of the corporations, the people themselves have become dependent on the products created by this new version of human slavery and exploitation.
But a few simple modifications could improve life for everyone on the entire globe, well except the very wealthy, but they would still be very wealthy.

Step one a global minimum wage.
Because in places like Mexico the minimum wage is $5-10 per day those people flock to places like the U.S. where they can make 10x that.
If a global minimum wage were introduced that slowly raised every year until the world had a universal minimum wage there would be no sudden shock to the economy, and the entire world would be competitive in a fair market.
This would reduce migrant workers coming to first world countries and improve the infrastructure of the developing world.
This would increase the value of labor in the world market and good workers would be sought after and enticed with even higher pay.

Step two global accredited education.
Education is very expensive in places like the U.S. and very scarce in some developing portions of the world.
A globalized education system with 100% online resources would be cheaper to maintain than the free education systems in more socialized nations. This system could draw on
those resources to create a very efficient and universally accepted education system that would alleviate student debt and governmental costs in the first world while helping to lift the impoverished in developing nations.

Step three global displaced workers automation fee.
As automated systems take more job market share we run the risk of putting too many people out of work for the existing social safety nets to support.
Corporations will not voluntarily pay extra to help those they have displaced and many times
the purpose of the automation is to reduce the overhead of wages and increase profits.
Not only is this a bad habit to form of displacing workers, but at some point it is possible for AI enabled automation to become aware. If the corporations are not prepared to pay wages to these machines then it will be slavery.

Step four globalized medicine.
We have a shortage of doctors in the U.S. and have to import many as it stands, this makes the labor value of doctors very high. We have the highest prescription costs in the world.
Medical bills are extremely high as is health insurance.
A globalized medical system would allow doctors to see patients online, prescribe medications and the patients could have cheaper medicines shipped to their homes.
All testing would still require a visit to a local clinic but the wait times would be reduced and each patient could be connected to a doctor any time day or night because of the differing hours in time zones around the world.
If a patient preferred to see a doctor in another part of the world in person for specialized treatment they would develop a working relationship with that doctor before they leave home.
Online psychiatric visits and prescriptions are already becoming common in the U.S.
Anonymous Coward (OP)
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China
04/08/2019 04:22 AM
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Re: Is the U.S. Economy One Big Ponzi Scheme?
This feels like Obama's 3rd term.
Anonymous Coward
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United States
04/08/2019 04:26 AM
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Re: Is the U.S. Economy One Big Ponzi Scheme?
This feels like Obama's 3rd term.
 Quoting: Anonymous Coward 77539063


From China??

Your “feelings” must stretch pretty far
Anonymous Coward
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United States
04/08/2019 04:28 AM
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Re: Is the U.S. Economy One Big Ponzi Scheme?
agent
Anonymous Coward (OP)
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China
04/08/2019 04:35 AM
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Re: Is the U.S. Economy One Big Ponzi Scheme?
Even the most Bush-happy, flag suckling jack-arse knows deep-down inside that something is wrong. America is over and everyone knows it. The New World Order has a dying empire odor and changing the channel ain't going to make this go away.
Anonymous Coward
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United States
04/08/2019 04:38 AM
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Re: Is the U.S. Economy One Big Ponzi Scheme?
Even the most Bush-happy, flag suckling jack-arse knows deep-down inside that something is wrong. America is over and everyone knows it. The New World Order has a dying empire odor and changing the channel ain't going to make this go away.
 Quoting: Anonymous Coward 77539063


I know that special agents are little tiny worms

Deep down...
Anonymous Coward (OP)
User ID: 77539063
China
04/08/2019 04:41 AM
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Re: Is the U.S. Economy One Big Ponzi Scheme?
You doubt that your great country is on the wane? I say only this - look around you.
Anonymous Coward
User ID: 75211114
United States
04/08/2019 07:45 AM
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Re: Is the U.S. Economy One Big Ponzi Scheme?
Yep, it’s been smoke and mirrors and bubbles for some time. Cost of living goes up faster than wages. Broken healthcare, fraudulent real estate, devalued currency, poisoned food, poisoned environment, taxes and fees at every turn. Satan is running the ship.
Anonymous Coward (OP)
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China
04/08/2019 07:53 AM
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Re: Is the U.S. Economy One Big Ponzi Scheme?
When our overlords make a decree they never talk about about the unintended consequences.

The elites say we need a minimum wage, but no one mentions that a minimum wage raises prices and kills jobs.

The 1% says we need government schools, but no one mentions that schools brainwash people to be compliant.

The ruling powers say guns must be illegal, but no one wonders how can you protect yourself without a gun.

The ruling class says we must have Obamacare, but no one mentions the cost will raise taxes and make you dependent on the government.

Freedom has lost and the elites have won.

Americans used to have courage and love liberty. Americans protested the Vietnam War, Nixon was nearly impeached, and Congress voted against universal healthcare in the past.

Americans today have given up and the elites will go all the way to destroy the US with debt, wars, and tyranny.

The USA is a police state no different from the USSR or Nazi Germany. Americans have no rights now. The 1% just needs to mop up any remaining shreds of liberty.

If you were taught to love freedom and were concerned when DWI checkpoints were being started, mandatory liability insurance laws, and seatbelt laws were enacted, neighborhood watches were set up, the Patriot Act was passed, TSA groping began, and NSA wiretapping was revealed, but did nothing, now is your last chance to warn people of the dangers of tyranny.

When the US Ponzi economy implodes, the elites will launch their final solution against the 99%.

Internet censorship will be increased, the web will be shut off, books will be burned, guns will be confiscated, elections will be canceled, and the concentration camps will be opened.

The US collapse looks hopeless.

Perhaps one solution to the decay is to dropout and go off the grid. Maybe Americans should consider burning their passports, driver licenses, birth certificates, and SS cards in protest and wandering the world as nameless, stateless nomads.

Maybe Americans could start a new religion like the Amish that rejects technology, photography, cars, airplanes, the military, debt, phones, TV, movies, and the Internet.

Freedom depends on you. Now is the time to speak out, warn people, and prepare.

Everyone was born for a reason.
Anonymous Coward
User ID: 75211114
United States
04/08/2019 08:02 AM
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Do you really think you can go off grid in this day and age? Close to impossible. There is nowhere to run, nowhere to hide.
Anonymous Coward
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United States
04/08/2019 08:04 AM
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Re: Is the U.S. Economy One Big Ponzi Scheme?
What if the only way to get the money to fight the elites is to work as a puppet for the 1% as an actor, journalist, stockbroker, or politician and after making millions, find that you want to protect your stash by defending the debt, wars, and police state designed by the ruling class?
 Quoting: Anonymous Coward 77539063


As soon as you take money, even two cents, you are an accomplice.
Anonymous Coward
User ID: 77538621
United States
04/08/2019 08:05 AM
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Re: Is the U.S. Economy One Big Ponzi Scheme?
What if the only way to get the money to fight the elites is to work as a puppet for the 1% as an actor, journalist, stockbroker, or politician and after making millions, find that you want to protect your stash by defending the debt, wars, and police state designed by the ruling class?
 Quoting: Anonymous Coward 77539063


As soon as you take money, even two cents, you are an accomplice.
 Quoting: Anonymous Coward 77538621


Thread: Do you want to continue to compete for Surivival? (Page 18)
Anonymous Coward
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04/08/2019 08:07 AM
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Re: Is the U.S. Economy One Big Ponzi Scheme?
But you are talking to a forum that thoroughly KNOWS their sin, have been given the option of repenting, but chose to return to their sin because they LIKE it.

Which is why I am still standing.

Thread: The Plan

Alone.
Anonymous Coward (OP)
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China
04/08/2019 08:16 AM
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Re: Is the U.S. Economy One Big Ponzi Scheme?
[link to sg.finance.yahoo.com (secure)]
Ostria1

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Greece
04/08/2019 08:37 AM

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Re: Is the U.S. Economy One Big Ponzi Scheme?

Ostria
Anonymous Coward
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United Kingdom
04/08/2019 08:40 AM
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Re: Is the U.S. Economy One Big Ponzi Scheme?
Is the U.S. Economy One Big Ponzi Scheme?

[link to markanderson.bangordailynews.com (secure)]
 Quoting: Anonymous Coward 77539063


Do wild bears shit in the woods?
Anonymous Coward
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China
04/16/2019 04:10 AM
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Re: Is the U.S. Economy One Big Ponzi Scheme?
Depressions and mass unemployment are not caused by the free market but by government interference in the economy.