Of course you are right. Money is the promise of giving someone something of values, be it products or services in exchange for something of value they gave us. We have nothing to offer. make anything has been outsourced.
You know what I want? I want the stimulus package to build factories HERE, educate OUR people. This country needs to get to work. And the private sector doenst give a shit about America - ony how much they can steal from it.
almost every asian economy is based around saving. look at all the asians on the west coast of canada. they bought their houses with cash. now they own all of the property in vancouver and they have no debt.
If we had all behaved that way for the last 30 years, the economy would not be as big as it is now, and in trouble. The economy will contract consistent to what people should own (without credit cards).
Let's get some gold...a lot...have a place to live that feels safe...have some protection with you....stock up on food...have a little camp stove...make sure your car runs well...have maps...and live overseas, if possible. In other words, look around...be aware...wake the f%$% up!!
yeah its just the begining same thing happened in my country one day we woke up and we had no savings and there was no food at the store .
KhanStodge 3 years ago
The Utopian consumer paradigm has been shown to be just another ponzi scheme. Borrow more buy more is only sustainable while you can borrow...
12TonyT 3 years ago
This comment has received too many negative votes show
This guy is full of crap. If people arent working and thoste who do hoard their money, the economy will dissappear.
Libertarians like this chump, should all lose their jobs and see how they like "tough medicine".
1946dodge 3 years ago
You can not borrow what has not been saved.
Where is Obama going to get the money for the stimulus? You can not stand in a bucket and pick yourself up by the handle.
dubyajayyo 3 years ago 4
Of course you are right. Money is the promise of giving someone something of values, be it products or services in exchange for something of value they gave us. We have nothing to offer. make anything has been outsourced.
You know what I want? I want the stimulus package to build factories HERE, educate OUR people. This country needs to get to work. And the private sector doenst give a shit about America - ony how much they can steal from it.
1946dodge 3 years ago
almost every asian economy is based around saving. look at all the asians on the west coast of canada. they bought their houses with cash. now they own all of the property in vancouver and they have no debt.
itsumonihon 3 years ago
If we had all behaved that way for the last 30 years, the economy would not be as big as it is now, and in trouble. The economy will contract consistent to what people should own (without credit cards).
1946dodge 3 years ago
Let's get some gold...a lot...have a place to live that feels safe...have some protection with you....stock up on food...have a little camp stove...make sure your car runs well...have maps...and live overseas, if possible. In other words, look around...be aware...wake the f%$% up!!
marypoppins2009 3 years ago 4
Peter Schiff 2012! Woot!
Ron Paul 2012!
Libertarian Decade is upon us!!!
Hold of Phelps!
mepos6639 3 years ago