Well it seems time's running out. The US state does need 0,33 ¢ new debts for every $ they spend. Even an idiot can understand that this will not work. It fits perfectly that the citizens got poorer by the day. That' s clear, just printing on some paper does not make one richer. The FED is the...
well or you can name is political theatre time. If it wouldn’t be so serious one could sit back and enjoy the show. Anyway the US democrats and republicans will simply raise the debt barrier again and so the so called fiscal cliff will just vanish like snow in the sun. Nothing will change, the fact that...
Well I can't help, but it seems the austrian school has won hands down. And well the suckers of the described non working system get more nervous by the day. I'm not that long into this austrian stuff. I came from another area but strange enough I figured out a lot of things the austrian have...
The non-plan about a "voluntary" debt cut, is gone. Wel if you have followed this blog you know this hardly can be told to be a suprise. At first If I'm having the bond I have the right to get my money back. It's up to me and the debtor to figure something out if he's not able to...
I for my part starting to thinking that this is impossible. There's a limit to seize in everything. I even will start betting on "too big to survive" instead. Why do I think that... Well look at the US, the government has grown bigger every day since the 2nd world war and more and more...
that we nearing us an end of a bubble/burst cycle? I wished I knew. So I just can speculate. At first it seems the debts were piled up higher than ever before in "peaceful" history. Peaceful in the sense that there is no war in Europe. But maybe I'm just too optimistic about the war stuff...