warning!!! ......gfc2 could be upon us, page-32

  1. 1,289 Posts.
    GC, couldn't agree more. If we learn anything from history (HA! who does that!) we see that all empires fall and all currencies die. Nothing has changed in the last 2 years, except the world owes each other more fiat paper.

    The only way to stop the madness is to stop the printing, and cop it on the chin. Wipe the debts, wipe the phony economic growth, and bring back the gold standard, or similar. Until that happens we shift more and more costs to the public for the short-term benefit of govts and banks.

    Oh yeah, regulating derivatives wouldn't be a bad idea either! not hard to screw the investor and nations when regulators deliberately turn a blind eye.

    And through all this the world flocks to the epicentre of the problem - the US Govt. There is nothing secure about a govt that owes trillions upon trillions in debt. Unbelievable.

    ahhh, i feel a little better now.

    cheers,
    Split
 
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