Unless our creditors say that we can't borrow any more money, we aren't broke. We have ALWAYS been in debt, except for a time in Andrew Jackson where the debt was eliminated. Even though the debt is 62% of GDP right now, that's not bad. Compare to WWII, where it was >100% of GDP. Before you say doom and gloom, it's better to check your facts. Thank you!
@dpas2009 Or we could just buy our own debt from ourselves like the Fed has been doing the last three years. The facts speak for themselves. The US is broke, bankrupt, finished. We are in the Wiley Coyote ran out over the cliff but haven't started to fall moment.
Go and check your facts too. The current debt is over 14,8 trillions dollars. GDP 15.1 Trillion
After WWII US had the whole manufacturing base, which rebuilt the whole Europe, and which enabled it to export a lot of staff into the rest of the Word, and accumulate a massive credit. Now what you have, in order to recover households have to consume more which means borrowing, and Fed Gov has to borrow too, because there is not enough taxes to cover expenses,Because HouseholdDon'tHaveAny $Left
You better hope that your right! Because if your little heart felt comments are incorrect, were not gona be very nice too you...lol, Greetings from California.."the only place to be baby!"
12% of all americans need food stamps to dont starve to deah. 25% of all americans will some day in their life go bankrupt. USA is not the land of the free, its the land of the greed.
@guidi2005 "how much you want to bet? I'll bet you $50,000 the dollar will not collapse"
.
I'll take that bet, and also put it in a timeframe.
.
However, I want to be paid in gold coins. Since gold is about $1000 an ounce, let's bet 50 ounces of gold, since $50,000 won't make it worth my while after the USD collapses.
@sugarpuddin88 That's what makes America still on the rank 1 of GDP, coz they don't fucking spent, they owes.
stereotypical americans who makes asians and some countries like retard, because just on the way they wear a dress, size of their cocks, useless stuffs (movies, fashions, stuffs for elegance purpose,etc)
But when you clearcut an area, you kill an entire community of living things in natural balance with the trees. You can plant a tiny seedling and call your duty done, but the net loss of life is pretty severe and lasting.
What is required is an overhaul of the monetary system including the functions and ownership of the central bank, the arrest and prosecution of those involved in financial fraud both in the financial system and in governmental agencies, the freeze of all accounts where fraudulent transfers have been deposited, the cancellation of debts resulting from fraudulent trade and/or market manipulation.
Agreed, but we also need to change most peoples psychology to get rid of this addiction to 'stuff'. It's the desire for labor saving devices that will be the death of our modern society.
America is the most indebted country on earth. The US (federal government) public debt is currently of the order of $14 trillion. This does not include mounting public debts at the state and municipal levels.
The market for US dollar denominated debt instruments is potentially at a standstill, which means that the Treasury lacks the ability to finance its mammoth budget deficit through public debt operations, leading the entire budgetary process into a quandary.
There are no solutions under the prevailing global financial architecture. Meaningful policies cannot be achieved without radically reforming the workings of the international banking system.
While the government talks about stimulus, in actuality, what we are dealing with is the most drastic curtailment in public spending in American history, leading to social havoc and the potential impoverishment of millions of people.
The Obama promise largely serves the interests of Wall Street, the defence contractors and the oil conglomerates. In turn, the Bush-Obama bank "bailouts" are leading America into a spiralling public debt crisis. The economic and social dislocations are potentially devastating.
The likely outcome is the outright privatization of public services and the sale of State assets including public infrastructure, urban services, highways, national parks, etc. Fiscal collapse leads to the privatization of the State.
They (Standard Oil, GM) decided we would have a culture built on cars, where every person you know was programmed to want their own car to want their own house to want more money than their friends.
All talk is how to restart growth when really we need to shrink.
Ways to save money .. . stop advertising crap, cut the military budget in half every year, Fund entitlements by taxing the rich criminals who have brought us here.
What's amazing is the lack of even a seconds thought about pursuing the global arms race about maybe cutting back even slightly on our grotesque military budget.
"the title I put on things does not necessarily reflect anything other than an attempt to catch a bystanders eye and engage them in my educational motif." Ha ha, you got me. Thank you. :)
We have no industries left except debt creation. We outsourced are car and steel industries to our Asian colonies . Our main industry for the last 2 or 3 decades has been expansionist war making whereby public dollars fund high tech research which is then given to private corporations to profit from. The tax payer gets no return on their investment except the phony illegitimate fairy tale of being secure in freedom and liberty.
Try telling this to supporters of Mises and the Austrian School. Wear asbestos when you do, I'm naturally flame resistant. I speak from sad experience on how the off shoring of industry guts America, I am from Pittsburgh Pa, ground zero of the economic plane that Ronald Reaganism piloted into America.
The great goal of the capitalists for a hundred years has been to destroy unions. Slave labor they believe is their natural right. The American worker had to be reeducated as to his real world value.
We here in America have nearly the worst workers rights laws in the semi and fully industrialized world. Only places like China and Indonesia have weaker.
The thing about living inside the National Security State, the disadvantage of wrapping ourselves in the protective blanket of ignorance and propaganda, the failure to perceive the reality of our place in the world as a worldwide gorilla Satan with the most wealth and power and the greatest military economic empire the world has ever seen, the problem is in maintaining that. It's expensive.
This has been flagged as spam show
Federal govt may be broke w/ in debt of a few trillions dollars.
But ruling class Anglo-Americans and their banks & corporations have one thousand trillions dollars in overall assets. Not even close...., ha ha ha!
maryjoemontana 2 months ago
What the hell is the matter with the narrator? Is he on heroin?
chuckbyf1 5 months ago
Unless our creditors say that we can't borrow any more money, we aren't broke. We have ALWAYS been in debt, except for a time in Andrew Jackson where the debt was eliminated. Even though the debt is 62% of GDP right now, that's not bad. Compare to WWII, where it was >100% of GDP. Before you say doom and gloom, it's better to check your facts. Thank you!
dpas2009 7 months ago
@dpas2009 Or we could just buy our own debt from ourselves like the Fed has been doing the last three years. The facts speak for themselves. The US is broke, bankrupt, finished. We are in the Wiley Coyote ran out over the cliff but haven't started to fall moment.
desheik 7 months ago
@desheik That's what you do, because your pension funds if you have on goes over there.
kessass83 6 months ago
Go and check your facts too. The current debt is over 14,8 trillions dollars. GDP 15.1 Trillion
After WWII US had the whole manufacturing base, which rebuilt the whole Europe, and which enabled it to export a lot of staff into the rest of the Word, and accumulate a massive credit. Now what you have, in order to recover households have to consume more which means borrowing, and Fed Gov has to borrow too, because there is not enough taxes to cover expenses,Because HouseholdDon'tHaveAny $Left
kessass83 6 months ago
You better hope that your right! Because if your little heart felt comments are incorrect, were not gona be very nice too you...lol, Greetings from California.."the only place to be baby!"
kanserstyx 11 months ago
12% of all americans need food stamps to dont starve to deah. 25% of all americans will some day in their life go bankrupt. USA is not the land of the free, its the land of the greed.
HarvardBoxer 1 year ago
I might be inclined to watch this if you didn't edit the video to look like an epileptic fit or spoke audibly.
smiledammit24 1 year ago
Cool vid!!!
gwh21375 2 years ago
Don't they say the top 1% of Americans own 95% of the total American wealth?
helpmakethingsbetter 2 years ago
America bankrupt:
102 trillion for SS & medicare
25 trillion for TARP & bailouts
53 trillion plundered from other trusts
Every single American man, woman & child owes over $600K in FED Gov debt
The US dollar will collapse within the next 1 to 2 years
Check out Rockefeller & Senate Bills 773 & 778 attempting to end American access to the Internet
Americans lost all but no. 3 of their Bill of Rights; Geithner has been wrong about everything for 15 straight years!
1 in 10 on US food stamps!
sugarpuddin88 2 years ago 6
how much you want to bet? I'll bet you $50,000 the dollar will not collapse.
guidi2005 2 years ago
@guidi2005 bet you don't even have 5 dollars out of 50 thou
j0nb0yz 1 year ago
than you would lose that bet
guidi2005 1 year ago
@guidi2005 i don't loose I only win
j0nb0yz 1 year ago
This has been flagged as spam show
@guidi2005 "how much you want to bet? I'll bet you $50,000 the dollar will not collapse"
.
I'll take that bet, and also put it in a timeframe.
.
However, I want to be paid in gold coins. Since gold is about $1000 an ounce, let's bet 50 ounces of gold, since $50,000 won't make it worth my while after the USD collapses.
fuzzywzhe 1 year ago
@guidi2005 lol, did you mean that to be ironic? If you lose the bet, $50,000 will be basically worthless....and you WILL lose the bet.
pretorious700 1 year ago
@sugarpuddin88 That's what makes America still on the rank 1 of GDP, coz they don't fucking spent, they owes.
stereotypical americans who makes asians and some countries like retard, because just on the way they wear a dress, size of their cocks, useless stuffs (movies, fashions, stuffs for elegance purpose,etc)
they think they are the coolest.
asakaolol 1 year ago
Comment removed
grinzella 2 years ago
where'd the tree frog go?
drutter 2 years ago
There everywhere. in the night in the day loving life and makin play.
grinzella 2 years ago
I am still here my friend. It's all coming to an end soon...can't wait to be apart of it..
HypnotiseMezmerize 2 years ago
"The Tree of Liberty must be refreshed from time to time, with the blood of Patriots and Tyrants."
17Revolution76 2 years ago
Great video, loved it! 5 stars
drutter 2 years ago
No longer do wItches need to boil fatted frogs
or fierce snouted hogs,
the crows fly the wind blows
the sun sets coldness begets,
and i guess she orders a parabolically fired pizza.
grinzella 2 years ago
Spooky now is ordering ]]butnot under the influence of the maths[[, pizza pizza .
grinzella 2 years ago
Trees are the one renewable resource, and the timber companies do plant trees. They are not stupid. That is in the US. Brazil is another story.
mayartay 2 years ago
But when you clearcut an area, you kill an entire community of living things in natural balance with the trees. You can plant a tiny seedling and call your duty done, but the net loss of life is pretty severe and lasting.
drutter 2 years ago
Yo deshiek,
You have a way with words!
Love Ya!
diggdog528 2 years ago
What is required is an overhaul of the monetary system including the functions and ownership of the central bank, the arrest and prosecution of those involved in financial fraud both in the financial system and in governmental agencies, the freeze of all accounts where fraudulent transfers have been deposited, the cancellation of debts resulting from fraudulent trade and/or market manipulation.
jezeppie 2 years ago
Agreed, but we also need to change most peoples psychology to get rid of this addiction to 'stuff'. It's the desire for labor saving devices that will be the death of our modern society.
raindog951 2 years ago
Totally agreed.
jezeppie 2 years ago
America is the most indebted country on earth. The US (federal government) public debt is currently of the order of $14 trillion. This does not include mounting public debts at the state and municipal levels.
The market for US dollar denominated debt instruments is potentially at a standstill, which means that the Treasury lacks the ability to finance its mammoth budget deficit through public debt operations, leading the entire budgetary process into a quandary.
dermonkeyboi 2 years ago
There are no solutions under the prevailing global financial architecture. Meaningful policies cannot be achieved without radically reforming the workings of the international banking system.
jezeppie 2 years ago
While the government talks about stimulus, in actuality, what we are dealing with is the most drastic curtailment in public spending in American history, leading to social havoc and the potential impoverishment of millions of people.
dermonkeyboi 2 years ago
The Obama promise largely serves the interests of Wall Street, the defence contractors and the oil conglomerates. In turn, the Bush-Obama bank "bailouts" are leading America into a spiralling public debt crisis. The economic and social dislocations are potentially devastating.
dermonkeyboi 2 years ago
The likely outcome is the outright privatization of public services and the sale of State assets including public infrastructure, urban services, highways, national parks, etc. Fiscal collapse leads to the privatization of the State.
dermonkeyboi 2 years ago
Congratulations!
You're off ditch duty.
You'll be digging graves now on.
WetlandsRemediation 2 years ago
Do more videos more ofter
Rebz360 2 years ago
Long time no see good to see more from you ^.^ *****stars;)
Kabuki0009 2 years ago
This is the knowledge folks !
Listen Up !!
colmmernagh 2 years ago
They (Standard Oil, GM) decided we would have a culture built on cars, where every person you know was programmed to want their own car to want their own house to want more money than their friends.
Want less. It is better.
FlaStrules 2 years ago
The poor shall inherit the Earth.
Jonaslk 2 years ago
theres big ongoing story here about asbestos.
exposure to it causes terrible diseases and death.
people affected and families are refused compensation..
the industry and governments have known abot its danger from the first.
but their god Profit is all they serve
zezt 2 years ago
Doubt all assumptions.
Growth has stopped .. .
All talk is how to restart growth when really we need to shrink.
Ways to save money .. . stop advertising crap, cut the military budget in half every year, Fund entitlements by taxing the rich criminals who have brought us here.
zegreeenbuds 2 years ago
Good stuff. Peace.
masssimpletn 2 years ago
Yea we just gotta be responsible with "screwing".Too many people=a dead fish tank
CYLONEJACK 2 years ago
Great link thanks. Chossudovsky.
sinorcemoss 2 years ago
I really like this one but just wanted to add one other point. It's also based on the exploitation of people, of us.
witchbippy 2 years ago
Yeah I was going there till I got sidetracked thinking about the continents we have deforested, are still deforesting.
One way less people would get exploited is if there were less people.
desheik 2 years ago
Yeah, I support zero population growth. It's not discussed nearly enough in this country.
witchbippy 2 years ago
What's amazing is the lack of even a seconds thought about pursuing the global arms race about maybe cutting back even slightly on our grotesque military budget.
Occlane 2 years ago
"the title I put on things does not necessarily reflect anything other than an attempt to catch a bystanders eye and engage them in my educational motif." Ha ha, you got me. Thank you. :)
This is really amazing stuff, as usual.
Jessiqua42 2 years ago
Thank you. :)
desheik 2 years ago
We have no industries left except debt creation. We outsourced are car and steel industries to our Asian colonies . Our main industry for the last 2 or 3 decades has been expansionist war making whereby public dollars fund high tech research which is then given to private corporations to profit from. The tax payer gets no return on their investment except the phony illegitimate fairy tale of being secure in freedom and liberty.
zamore333 2 years ago
Try telling this to supporters of Mises and the Austrian School. Wear asbestos when you do, I'm naturally flame resistant. I speak from sad experience on how the off shoring of industry guts America, I am from Pittsburgh Pa, ground zero of the economic plane that Ronald Reaganism piloted into America.
Plutonwolf 2 years ago
It's the drug of cheap crude which deluded us into thinking we could ship everything for tens of thousands of miles at almost no cost.
Occlane 2 years ago
The great goal of the capitalists for a hundred years has been to destroy unions. Slave labor they believe is their natural right. The American worker had to be reeducated as to his real world value.
zamore333 2 years ago
We here in America have nearly the worst workers rights laws in the semi and fully industrialized world. Only places like China and Indonesia have weaker.
Yay us.
Plutonwolf 2 years ago
Heard that.
desheik 2 years ago
The thing about living inside the National Security State, the disadvantage of wrapping ourselves in the protective blanket of ignorance and propaganda, the failure to perceive the reality of our place in the world as a worldwide gorilla Satan with the most wealth and power and the greatest military economic empire the world has ever seen, the problem is in maintaining that. It's expensive.
4I8EP 2 years ago