ya but you forgot to mention that US gov has the power of 120 mln sheeple workers to collect taxes from whereas 27K guy would not have this luxury...GOV Debt is a certificate for future labor not repayment of money.
Re ur original comment... DOH! The good part about the jubilee thing (which frankly, I have no idea how it would ever be put into practice) is that for the economic system it takes the steam off. I have never heard anyone discuss this jubilee thing and I only vaguely recall it mentioned in the OT
Do you have any thoughts on "I Bonds?" Their composite rate is just under 6% but no one that I have spoken with knows anything about them. Usually thats a good sign. Comment?
Yes, that's an extremely important point. I was considering discussing it at length, but it is hard to prove what exactly the Fed is doing so I just dropped it. The writing is on the wall anyway, regardless of what underhanded methods they may or may not be using to buy up bonds.
I personally don't hold currencies and don't expect any to do well. Yes, if you choose not to buy precious metals, IMO land and even houses in some areas should hold value better than most other options - certainly better than currency or most stocks.
Itsgt1- Patriotic? to what? The United States, as we picture it, does not exist. We are living in a fascist state, pure and simple. Our government and the federal reserve are CRIMINALS. The most patriotic thing that could happen is that states begin to secede. i appreciate your point but lets create something that is worth being patriotic about. Thomas Jefferson is SPINNING in his grave with this abomination we call a "free" country. Free, nothing! we are slaves, pure and simple.
lorax great video but why do other nations keep lending money the US. i know we borrowed money from china which is growing lik no other nation on earth are they going to be like the US was back in the 20th century?
His wife has stuck with him over the years but he is in risk of loosing his house because he's behind on his payments and missed paying his county taxes now for two years. Do I lend this guy money?
I own a lumber yard; my brother-in-law has a sawmill; my neighbor owns 200k acres of prime timberland. A carpenter friend has plenty of ambition and talent but has not had much opportunity to do his own projects, so he has seen layoffs almost every year for the past 10. His credit score is lousy because of it and the other contractors in the area have colluded to keep labor down by using illegal workers.
Interesting analogy you use, but I quite dissargree. Where I live, New Age ideas are the mainstream and humanism is the predominant viewpoint promoted in the liberal public education system, it is quite funny actually, my beliefs are diametrically opposed to the system of belief in which I was raised, not to mention, the prevailing belief in Evolution that is held in place by mainstream educational institutions, of which I was a member for 19 years. But I understand the premise of your analogy.
The year is 2052. Fleas the size of rats are sucking on bats the cats. The world is a pleasant 92 degrees no matter where you live on the planet. The leading nations of the world (what's left of them) have a new foreign policy simply stated as: "I'll suck your cock for a dime bag."
Yes, I would loan money to this guy! But I would want some collateral of value. Hawaii has some prime real estate so I would lend $10 trillion to acquire Hawaii and should he default: Bingo!! Next prime real estate along the Florida and California borders. I would loan $30 trillion for the rights to everyone's land in those states. Default: Bingo! Disney World and Disneyland could be central command. That would add to the already surreal nature of things.
But the world is damned if it does and damned if it doesn't.
Can't foreclose on a country.... And said country is too big economically to pass a law that makes all those loans null and void and not pay them back. The world might not recover for decades.
IMF style measures won't work either, what with Iraq and Afghanistan.
here's the best solutions i've found for the current mess:
-reinstate the 'glass-steagall act' of 1933 that FDR used to chase the bankers out after the great crash.. it makes it so commercial banks can't engage in speculation..
-let the banks go bankrupt, put them through reorganization. NO MORE POISON BAILOUTS
-2 tier credit system issued by a NATIONALIZED fed bank. high interest loans for speculation. low interest for infrastructure and scientific development..
US bonds are not even worth investing in anymore. Not the economy but the interest rate is much lower than it used to be. The interest is so poor by the time the values of the bond doubles you'd be dead.
what you are saying is complete common sense...the only thing I can see is the World ,Market,Gov't, Ect...is completely Manipulated. .Who knows what these Crazy Bastards have planned for us? They like wars.., this may be our Future?
after they install new currency price of gold will be intentionally set low , they know people have stashed shipload of that stuff hiding from uncle Sam . Gov knows everything my fine feathered friend .And once Euro and BP start crashing u will see what will happen to RE . LOL
I might be smart to hire this guy to produce some wealth. If I keep lending to him without helping him to create something of value, then of course I, and this guy, are in a loosing situation. Now, on the other hand, if I have money and he has talent, then a win-win deal would be to the benefit of a better world.
buy RE while u still can . I just picked up property which was selling for 100K for 5 K and even if I pay taxes of 200 for 100 years ( xoxoxo ,Merry Christmas ) my bottom line still will be 5 times less than the guy who paid 100K hahahaha u mental midgets buy RE not gold
Elite thinks of u as a slave ,slaves are not supposed to have wealth . They know how majority behaves .Know know u better than u know yourself . They have no interest to help u preserve your wealth .
you think gold is going to have significant value once new currency be established ? They do not think so , believe me .
it all depends how wealthy you are . You must be diversified . At the moment it is definably not cash If $ crashes all currencies will crash . RE definitely is better choice at the moment . Much better.U can get awesome deals now . Can not do it with gold , try to buy gold below market .physical gold is like 40-60% mark up .
Silver is still more favorable than gold in my book with its 74:1 ratio, this was historically 15:1 but with the supply and demand fundamentals and all the uses silver has in industry I think it could do much better.
by 2010 it is going to be 4 trillion :) good luck to USA They can not even raise taxes because they will push millions to welfare line or jail which will place additional strain on US taxpayers
buy buy buy silver, still cheap!
MorpheusWasRight 9 months ago
@MorpheusWasRight Much cheaper now. Glad I didn't follow your advise!
CelticReject 8 months ago
ya but you forgot to mention that US gov has the power of 120 mln sheeple workers to collect taxes from whereas 27K guy would not have this luxury...GOV Debt is a certificate for future labor not repayment of money.
quadcatfly 11 months ago
yep, this video is great! keep them coming!
showem88 1 year ago
next time your shaving fill the sink up with water and put your head in it and drown
ThePantherdawg 1 year ago
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doorman360 2 years ago
Comment removed
doorman360 2 years ago
Hi
feels good to hear you !! looks like you do lot of meditation ?
Could you please use a different mic I am not able to hear you, your voice is too low.
Keep posting its helping everybody..... instead of hearing all the negative stuff going on everywhere you are the one who sounds good.
scshitole 2 years ago
My favorite video!
pjarosz 3 years ago
What we need here is an Old Testament "Year of Jubilee where all debts are forgiven every 50 or 100 years (I forget which).
SonomaDave1 3 years ago
Comment removed
charliehelyes 3 years ago
Re ur original comment... DOH! The good part about the jubilee thing (which frankly, I have no idea how it would ever be put into practice) is that for the economic system it takes the steam off. I have never heard anyone discuss this jubilee thing and I only vaguely recall it mentioned in the OT
SonomaDave1 3 years ago
Do you have any thoughts on "I Bonds?" Their composite rate is just under 6% but no one that I have spoken with knows anything about them. Usually thats a good sign. Comment?
SonomaDave1 3 years ago
great video.max keiser sayes ben bernankie is printing money and putting it straight into us treasury bonds.
fancychance57 3 years ago
Yes, that's an extremely important point. I was considering discussing it at length, but it is hard to prove what exactly the Fed is doing so I just dropped it. The writing is on the wall anyway, regardless of what underhanded methods they may or may not be using to buy up bonds.
lorax2013 3 years ago
I hate to buy gold or foreign currency because I feel that isn't patriotic.
Do you think real estate is an effctive alternative to preserve wealth?
Jimmy Rogers thinks that selling everything and leave the US is the solution. There has to be another way, right?
ltsgt1 2 years ago
Hi Itsgt1,
I personally don't hold currencies and don't expect any to do well. Yes, if you choose not to buy precious metals, IMO land and even houses in some areas should hold value better than most other options - certainly better than currency or most stocks.
lorax2013 2 years ago
Itsgt1- Patriotic? to what? The United States, as we picture it, does not exist. We are living in a fascist state, pure and simple. Our government and the federal reserve are CRIMINALS. The most patriotic thing that could happen is that states begin to secede. i appreciate your point but lets create something that is worth being patriotic about. Thomas Jefferson is SPINNING in his grave with this abomination we call a "free" country. Free, nothing! we are slaves, pure and simple.
kensho3 2 years ago 2
This has been flagged as spam show
Nice Video. Check out TubeViews (dotnet) If you need your video exposed, It has really helped me a bunch. Be blessed!
I like what i watched.
Cemantali 3 years ago
lorax great video but why do other nations keep lending money the US. i know we borrowed money from china which is growing lik no other nation on earth are they going to be like the US was back in the 20th century?
Am32007 3 years ago
His wife has stuck with him over the years but he is in risk of loosing his house because he's behind on his payments and missed paying his county taxes now for two years. Do I lend this guy money?
Yes, he creates wealth; and not out of thin air.
carefulcarpenter 3 years ago
Analogy:
I own a lumber yard; my brother-in-law has a sawmill; my neighbor owns 200k acres of prime timberland. A carpenter friend has plenty of ambition and talent but has not had much opportunity to do his own projects, so he has seen layoffs almost every year for the past 10. His credit score is lousy because of it and the other contractors in the area have colluded to keep labor down by using illegal workers.
carefulcarpenter 3 years ago
I dont think I analyse a friend when I am about to lend him some money. I would analize a company if I was to lend them money, not a friend!
Confucious2012 3 years ago
start by analyzing how to spell.
kensho3 3 years ago
Please give me a hint - what is misspelled?
lorax2013 3 years ago
he spelled analyze with an "S" which is ok, I guess, if you're a brit. ;-) I just felt like needling him. ;-)
kensho3 3 years ago
It's a good thing, Obama will solve all our problems.HAHA
rollsthepaul 3 years ago
My three B's are, Bullshit Baffles Brains
rollsthepaul 3 years ago
Interesting analogy you use, but I quite dissargree. Where I live, New Age ideas are the mainstream and humanism is the predominant viewpoint promoted in the liberal public education system, it is quite funny actually, my beliefs are diametrically opposed to the system of belief in which I was raised, not to mention, the prevailing belief in Evolution that is held in place by mainstream educational institutions, of which I was a member for 19 years. But I understand the premise of your analogy.
HomesteadProvocateur 3 years ago
The year is 2052. Fleas the size of rats are sucking on bats the cats. The world is a pleasant 92 degrees no matter where you live on the planet. The leading nations of the world (what's left of them) have a new foreign policy simply stated as: "I'll suck your cock for a dime bag."
blabblab1212 3 years ago
Yes, I would loan money to this guy! But I would want some collateral of value. Hawaii has some prime real estate so I would lend $10 trillion to acquire Hawaii and should he default: Bingo!! Next prime real estate along the Florida and California borders. I would loan $30 trillion for the rights to everyone's land in those states. Default: Bingo! Disney World and Disneyland could be central command. That would add to the already surreal nature of things.
blabblab1212 3 years ago
in essence US dollar is going down the tubes. invest your money in other things recommended by this wise man in other videos.
screenflicker1 3 years ago
Excellent video! Oversimplification states the facts clearly. No need to muddle things with details.
blabblab1212 3 years ago
No, I would not loan money.
But the world is damned if it does and damned if it doesn't.
Can't foreclose on a country.... And said country is too big economically to pass a law that makes all those loans null and void and not pay them back. The world might not recover for decades.
IMF style measures won't work either, what with Iraq and Afghanistan.
NaomiClareNL 3 years ago
here's the best solutions i've found for the current mess:
-reinstate the 'glass-steagall act' of 1933 that FDR used to chase the bankers out after the great crash.. it makes it so commercial banks can't engage in speculation..
-let the banks go bankrupt, put them through reorganization. NO MORE POISON BAILOUTS
-2 tier credit system issued by a NATIONALIZED fed bank. high interest loans for speculation. low interest for infrastructure and scientific development..
-new 'bretton woods' deal
FATCACAK 3 years ago 2
so true. keep up the good work my friend~!
Growby10 3 years ago
US bonds are not even worth investing in anymore. Not the economy but the interest rate is much lower than it used to be. The interest is so poor by the time the values of the bond doubles you'd be dead.
fatefinger 3 years ago
and yet they keep giving us money-boy are people going to be pissed when they find out the U.S Ponzi scheme is 1000x the size of Madoff's
billybobhobnob101 3 years ago
what you are saying is complete common sense...the only thing I can see is the World ,Market,Gov't, Ect...is completely Manipulated. .Who knows what these Crazy Bastards have planned for us? They like wars.., this may be our Future?
ckekinit 3 years ago
do not F with Uncle Sam he can afford super geniuses they will F u one way or the other without u realizing u have just been F'ed lol
AntiBullS 3 years ago
OK I will tell you something .
after they install new currency price of gold will be intentionally set low , they know people have stashed shipload of that stuff hiding from uncle Sam . Gov knows everything my fine feathered friend .And once Euro and BP start crashing u will see what will happen to RE . LOL
AntiBullS 3 years ago
I might be smart to hire this guy to produce some wealth. If I keep lending to him without helping him to create something of value, then of course I, and this guy, are in a loosing situation. Now, on the other hand, if I have money and he has talent, then a win-win deal would be to the benefit of a better world.
"Opportunity, not charity"
~~carefulcarpenter
carefulcarpenter 3 years ago
buy RE while u still can . I just picked up property which was selling for 100K for 5 K and even if I pay taxes of 200 for 100 years ( xoxoxo ,Merry Christmas ) my bottom line still will be 5 times less than the guy who paid 100K hahahaha u mental midgets buy RE not gold
AntiBullS 3 years ago
mental midgets...time will tell.
sanchopanza123 3 years ago
hahaha
difference between u and me that you play lulu game I do not , no offense
AntiBullS 3 years ago
non taken. by the way i play no games.but u have ur opinions and that is where it ends, an opinion, not a fact.
sanchopanza123 3 years ago
Elite thinks of u as a slave ,slaves are not supposed to have wealth . They know how majority behaves .Know know u better than u know yourself . They have no interest to help u preserve your wealth .
you think gold is going to have significant value once new currency be established ? They do not think so , believe me .
AntiBullS 3 years ago
If not gold then where do you put your money to keep your wealth?
jsphbjmn 3 years ago
it all depends how wealthy you are . You must be diversified . At the moment it is definably not cash If $ crashes all currencies will crash . RE definitely is better choice at the moment . Much better.U can get awesome deals now . Can not do it with gold , try to buy gold below market .physical gold is like 40-60% mark up .
AntiBullS 3 years ago
Silver is still more favorable than gold in my book with its 74:1 ratio, this was historically 15:1 but with the supply and demand fundamentals and all the uses silver has in industry I think it could do much better.
DontTread0nMe1776 3 years ago
wow I didnt know that antibull thanks for enlightening us! when is ur next book getting published!
sanchopanza123 3 years ago
by 2010 it is going to be 4 trillion :) good luck to USA They can not even raise taxes because they will push millions to welfare line or jail which will place additional strain on US taxpayers
hahaha game is over, boys u r screwed .
AntiBullS 3 years ago
No!
jfcrow1 3 years ago
yes i will loan money to this guy. because i'm chinese.
mrzack888 3 years ago 4
Dont forget about the interest owed on the monies borrowed
jsphbjmn 3 years ago 2