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It will be fine

Well-Known Member
In your lifetime you have never seen the national debt so high, a housing bubble, a stock market bubble, huge personal debt, trillions of dollars printed vastly increasing the money supply, bitcoin mania, a silver squeeze, a border crisis, new taxes forthcoming, all coming together at once. There are well known investment advisors like Peter Schiff, Jim Rogers, and a legion of others pointing all of this out. Demographics guy named Harry Dent, who's been right about every financial crisis since the late 80's, gives a lot of reasons why we're about to fall off a cliff. He sees a depression, not recession but thinks we'll come out of it in '23. By the way the Fed recently stopped publishing some key economic stats. Anyone who thinks Modern Monetary Theory will handle any issues doesn't have a clue.
So some guy thinks there’ll be a depression that we recover from in 2 years? Sure.
 

Box Ox

Well-Known Member
Because we're $29 Trillion in debt, and that's going to bite us the longer we go with this.
Nahhhhhhh!

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vantexan

Well-Known Member
I wouldnt assume we would recover in 2 years either
The reason Dent gave is Millenials will inherit a lot of wealth from Boomers and will be coming into their own about then with spending. He's a demographics wiz but if it's as serious as everyone is saying yeah I think two years is optimistic. A case for hyperinflation is the government wanting to get rid of debt by inflating it away. But that's going to cause an awful lot of pain too.
 

Tom MacDonald

Max E. Pads
holy * when did you go 29 trillion in debt, last i checked it was 22 or something.

tax the rich for god sakes!
Bruh use your head.

-imagine you're rich and you live in the U.S.

-imagine that the country you live in is coming for your money.

What are you gonna do? You're gonna get the :censored2: out with your cash While the poor people are stuck.
 

rickyb

Well-Known Member
@rickyb

Not that it matters. Ron paul was probably realistically the last chance we had at saving this country.
he was honest and his forgien policy was good.

but actually the way power works is through fear. most politicians are mediocre or venal and will point in the direction the political winds are coming from. so for example during the vietnam war protests, nixon said to kissinger "theyre coming to get us" as the white house was barricaded with buses outside.

most of the "progressive" squad in the democrats has been coopted.
 

rickyb

Well-Known Member
Bruh use your head.

-imagine you're rich and you live in the U.S.

-imagine that the country you live in is coming for your money.

What are you gonna do? You're gonna get the * out with your cash While the poor people are stuck.
i dont necessarily buy that, we've done it in the past before we can do it again. FDR proposed a maximum income of 100% over 400k.
 

rickyb

Well-Known Member
he was honest and his forgien policy was good.

but actually the way power works is through fear. most politicians are mediocre or venal and will point in the direction the political winds are coming from. so for example during the vietnam war protests, nixon said to kissinger "theyre coming to get us" as the white house was barricaded with buses outside.

most of the "progressive" squad in the democrats has been coopted.
nixon was the last president to fear liberals.
 
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