we are either headed for depression or hyperinflation
There is no other way for the debt based credit system to go once it reaches its peak, you need to keep creating credit to keep the system running, the poor/working class have maxed out, think about it, a generation ago it took one wage for a family to survive, then it took two wages, now two working wages arnt enough to support a family and pay a mortgage/rent, you need to borrow and rely on middle class welfare, the game is over! they simply cant borrow anymore
Now we are going to see the rich getting bailed by the masses, and the masses arnt going to wear it, millions being evicted and living rough in tents, whos bailing them! the rich sold them a dream that was out of their reach, working families walking away from their dream, and now on the hook to pay the riches debts, forget it.
why do you think bernanke was given the job, why is he called helipoctor ben, the yanks knew the game was up, whats with the internment camps, we know the answers already, we are going to try to inflate the whole mess away, but will the masses rebel, I think so, but hope Im wrong!!
- Forums
- ASX - General
- GOLD
- are we headed for a depression
are we headed for a depression, page-31
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales