From your web site:"Every single fiat currency that has ever existed prior to the ones we have with us today, has eventually been destroyed by its government."
Um, yes. Everything that has existed that is not around now must have ceased to exist.
@mondlandung10 dude, the government used to not mess with businesses and we had not debt either, so you tell me what's wrong with not messing around with this bullshit
Search THE OBAMA DECEPTION on youtube. Resist the new world order. Wake up and realize the illuminati has you in their control. Left wing and right wing don't matter, they are both the same. infowars . com
the new world order has hijacked our republic..we must stand up and defend freedom and liberty..stop being sheeple, and get informed..check out my page for info
well, exponetial growth is a global factor ignored by ALL GOVTS and systems
It basic maths on physics and biology of our "REAL WORLD"
this factor will also acure sooner or later on all comodities & resourses ...... the money systems are just a barometer or indicator.
the moment you cant get energy or food because your a dependant system peasant is the moment you exponential growth has hit you hard. fuck the finacial systems there is a lot more behind these crisises that are accouring
With Obama winning the Nobel Prize and then Ben Bernanke getting the "Person of the Year" award, you wonder if you woke up in some crazy bizzarro dimension.
This is going to end very badly , Vision. You know that already.. Has anyone been watching the Long end of the Bond curve??
We are going on a complete circle and as far as I lknow. China and Japan are not buying anymore. Anyone else have some real info on this or know how to read the charts??
It's a attempt to ease the pain of the financial black hole Americans have been sitting on the brink of. It might make the pain of America's debt less powerful, but only time will tell if it is going to be even more damaging itself. However, America is very behind in many technological environmental areas, so it is possible that this downturn could mean time for different types of businesses to prosper and possibly a less wasteful and more resourceful future for America.
Question: If the the American people could turn back the clock WITH the benefit of hindsight, do you think they would dig themselves into this economic black hole all over again *Personally I think they would..
According to your article Real estate not a bad thing to be at. You should pay attention on oversold commodity, Oil a natural gas. World buying $ right now with volume. Is your gold target steel 10.75?
I agree it's bad, but you have some flaws in your theory.
You're not accounting for inflation; how much is 1 trill of todays FRNs compared to the 1913 FRN, the 1933 FRN etc.? What percentage of GDP was the debt back in the 1930's, 1950's etc.
Also, during US history there has been several currencies, like the greenback, continentals, the dollar and now the federal reserve note.
Daniel, what do you think of the situation in Japan when they had that lost decade? They were running zero interest rate all along yet they didn't have unbearable infaltion. Was it that they had an export / production based economy that eased off the inflation?
It will help create more jobs, since businesses can better afford lower wages and will hire more people. Most minimum wage earners don't rely on it as the sole means of living, as they are high school students living at home or elderly to supplement their social security and retirment benefits. When minimum wages are increased, businesses lay off workers they can no longer afford. Simple economics at work. Don't take the job, or use it as experience to get a higher paying job.
Thanks for the response. You make some great points. I did think that there might be some truth to that, cheaper labor etc., but at the same time it just sounded wrong to be reducing wages when things are getting more and more expensive. It was also the way they said it, definitely looked a bit fishy. I really don't know enough about economics to be able to sift through all the lies, so I just don't watch much TV and mostly just come to youtube for my economic news :)
Guess what I heard on TV today? They were talking about a proposal to lower the minimum wage and they explained how that will be a good thing, it will stimulate jobs and hiring, and people will actually earn more this way(?) Ok, I really don't know economics, but this sounds like some more bs to me. Guess what else? They were throwing the word "macroeconomics" around as a justification. Now what do you think about that?
The underlying principle is wrong from the start. A business does not hire people because they are cheap to hire but because hiring is foreseen to end with a profit.
When you are in the second situation, at this point, businesses usually look for the cheapest option to maximize their profit.
There are plenty of people who can provide cheap labour around the world. Does it mean they are all fully employed?
The key point is that there could be the cheapest workforce available around( insert any figure you want here), if hiring them is not needed to end with a profit, no hiring will happen.
The question is not is hiring cheap enough but is hiring necessary?
This is the same question all around the world. If a business needs a workforce of 200 people to achieve its prediction of production, sales and then profit, the business wont hire a 201th person because this person comes for cheap.
That was kind of my impression too but I really don't know. Your comments here make a lot of sense, and I'll have to agree with you in this case. Also, right now, I doubt lowering wages will make businesses hire people when they are just trying to survive and cutting all expenses. They are just making 1 person do the jobs of 2 or more people. If you don't like it, that's too bad, good luck finding a better job. We've been working this way at my job for years now.
Last point. The government can do anything it wants to private debt. So even in theory if dollar devaluation is supposed to freeze all debts, don't bet on that for us. I'm not sure they want to make it that easy for us to get out of debt, because after all, our debts are the banks' assets.
Now that is THE stat that says it all. Big goverment does not work. AND that stat shows that this country is going in the wrong direction and it WONT change...get ready for the sinking of the Titanic! The good ship USA....
Another good post...worth clicking over to Manifesto for the read. Although the views of this site are becoming more (not fully) ubiquitous across the web, VV is still one of the early pioneers to first publicly sound the horn and express his dismay at this crisis and to that I say Thanks. You would make a good John Conner in an overrun of Terminators for your "resistance" organizational abilities. : )
The money supply does indeed follow an exponential growth function. More debt equals more monetizing. More monetizing equals more money in circulation. More money in circulation equals more reckless spending and creation of debt. And the cycle continues.
I don't retire for another 25 years. My 401k is at 23k. How in the hell can I trust the dollar for 25 years?? ...But the only way for my company to contribute to my retirement is to invest in my 401k which DOES NOT offer a safe haven from the USD. 401k is a scam because it forces you to invest/gamble with your retirement. I have no faith in the dollar. I can't be alone in my dilemma; what will happen when millions did what they're suppose to and still can't retire?
Remember when the companies started phasing out traditional pension plans in favor or 401(k)s a few years back? I remember because my company trailblazed the way. In essence they were saying back then they couldn't guarantee our retirement anymore.
People need to wake up. They've known what's coming for years and have set us all up.
My father and I talk about it all the time. He's an oldie that has worked a lifetime at a major DOW 30 company. He has a pension, but we know I never will.
He gets social security, but we know it will be a fraction of what it is today in terms of what you get for the money.
It's hard, because part of me is mad at him, because we all have a good idea what the future is for these things, but I told him to enjoy it every damn day, because it won't last forever. He knows and has at least.
The article on your blog is really, really great. I hope you write some more in the future. No pressure, when you have time, I know you're busy. I just like to read :)
I'm wondering why you didn't mention "Republican" President Nixon since you labelled the other presidents in your blog. Also could you do a video on buying foreign business funds like you said in your blog?
Republicans and Democrats are two sides of the same coin. You don't have to put a Presidents Name on it since they are all controled by the Wall Street/World Bankers. Also, some Democrats talked about Nixon
-The-Crook as 'one of us'. Nixon was a big spender as was Bush-The-Fool. Obama-The-Puppet is outspending all past Presidents combined. That's a problem.
Why do you say it will cause world hyperinflation? Not all countries are in as much debt/GDP as the US nor do all countries use increased housing costs to import burrowed money to stimulate local economies. The increased prosperity of east is relational to collapse of the west. They work for money, we do not.
Hey, you guys posting that martial law is coming, can we talk? Seriously. I don't think martial law is coming. I don't know everything but I just don't think this is true.
In all the MaDNess in our life's right now!!! If MARSHALL LAW is in place and FooD shortages are coming, who is to say a fair system will be in place to trade the wealth we have acquired in preparedness??? VISION VICTORY???
Also private debt to GDP for most western nations in many cases, is near perfect exponential curve since 1971 (hint hint). We are NOW at the end of the curve. Massive global debt deflation is inevitable and will be followed by equally massive QE that will lead to inflation. The signal for the next and final downleg will ba a huge rally in the dollar. Hold cash in hand as it will be valuable during deflation period, invest in food security before precious metals. Food is wealth, end of story...
Hey Kim. I am usually on the side of the people posting here, but there is one thing I agree on with the "Elite." The earth IS overpopulated and people should not have kids if the parents are on drugs or addicted to booze, or if they are uneducated, or if they have psychological problems or other issues. People should not also have kids if they cannot afford them and provide them a good life.
Sorry to sound like an elitist, but I've seen too much child abuse in my work field/
No, the earth is NOT overpopulated. Sure, you have unnatural high concentrations in urban areas (by CHOICE from the people that live there).
But if you took ALL 6 Billion people in the world, you could move them all to Australia. Give each individual their own 0.75 acre lot to live on (enough for their own gardens) and you still would NOT FILL AUSTRALIA and the rest of world would be deserted of humans.
@jcwitness I love mexicans , they provide us with all our foods I hope you didn't get the wrong idea about what I said. I love the fact that they are in the USA...just LOVE the smell of fresh tortillas everywhere....ummm mmmm!
@bc5620 I think mexicans are the backbones of this country ..without them we'd be starving....I don't understand all these people that want the borders closed...that's like saying we want to stop our food supply to stop.
all nations have a right to protect their borders. so we should keep our borders wide open for drug cartels to spread there violence. we need to protect our borders. why should we protect iraq's or afghanistan's or south korea's borders while ours is wide open. we need to put our national guard at the borders to stop the flow of guns and drugs and control illegal immigration.
@awakenedblckteen1991 not sure what the term legal means anymore...I agree with controlling drugs ....I think we need to integrate...I mean after all it's all the same land... just like china and taiwan it's only a matter of time...
I personally trust the Mexicans (that I know) more than even some of my own family. Sure, some of them don't speak English. Spanish is an easy language to learn. American English is very difficult (study more than one language and you will agree).
Mexicans are not the problem with job losses. If immigrants are unwanted, then any of us with Native American blood can kick EVERYONE ELSE out.
America still has the finest infra-structure in the WORLD, and the natural resources here in this country are envied most everywhere on this planet... so how in the H-word did we get HERE?
we got here because there are people in this world that want to, not only, destroy America, but all nations. We've just got to get off their paper money. We need to develope a different currency to use to trade our goods.
Natural resources most envied? Are you speaking about the continent or the U.S? Other than economy and military size the U.S does not rank top in much.
yes, about the continent too. There is a good ratio between arable land and population along with a good infra-structure to transport goods. IMO, the inflation of the money supply is not to save us but destroy us. But, the destruction of our monetary system will also spur innovation, and the resources are already here to support that effort.
I know that most of these drugs are manufactured in China so that means that the Drug companies are racking up.
Putting the money back in the Politians hands or the Bildenburgs
I guess it goes reel deep! ... Trying to bankrupt the small business ... Drug everybody with cheap drugs from China and then take over North America while everyone is happy on cymbalta, Neurontin, Valium, Xanax etc....
We seen this 25years ago in New Zealand when Assets were sold off by Traitorous politicians to settle debt which was deliberatly cooked up by conditions of the IMF
Vision, I was just checking out the Debt Clock and noticed the Small Business Assetes is decreasing by one million dollars every 45 seconds or so. The US Unfunded Liabilities is at 106.5 Trillion and is increasing by roughly 1 Million every 10 seconds. Just the prescrition Drug Liability is over 18.5 Trillion.
How much Legal Drugs does this country take compared with the illegal Drugs. Iether way I'm sure lots of people are getting rich. So 308 million people taking 18.5 Trillion in drugs?
What do you all think about Larry Summers proclaiming that the "Recssion is over"?
The "Numbers" seem to support his position.
What do you think?
Is this another one of those MANY episodes throughout history where the Doomsayers have been proven wrong again, and that the sky isn't falling after all?
The "Numbers"???? You mean the govt cooked/manipulated numbers of the BLS?? Have you not noticed that summers and the banking gang have been wrong for 15 years in a row now??
The Jim Rogers interview with Maria Bartaroma was very interesting if you guys didn't see it I would recommend checking it out. At least she didn't mock him like they did Peter Schiff on CNBC's Fast Money Jack-off's with that dance thing.
What was reel interesting to me was what he said about FOOD and WATER. Also, Commodities such as Soy Bean, and Silver.
I don't think Jim Rogers is as bad an invester as he thinks he is.
Jim Rogers is an Illuminists, he got rich dealing with a crook named George Soros. He claims to be a terrible trader but I'm pretty sure Soros gives him some insider info.
I would advise you not to listen to Rogers, he's a disinfo agent.
Actually, if you watch the soros interviews on rogers you'll see theyre no longer buddies. Jim even tries to place distance between the two of them quite often.
Very true, I completely agree. Ive wondered for a while now why they would allow people like Jim Rogers on their most powerful weapon, the media, so often. Thank you ninja, I will definitely keep an eye on him much like schiff and paul.
I thought Ron Paul was one of the good guys too, until he got caught on TV using the Freemason's hand shake. I was so disgusted.
Let's not forget about the money he raised for his campaign in 2008 that nobody knows how he spent it.
You always have to wonder why people keep their jobs and get invited on TV although they're criticizing their government and politicians, while others get murdered for telling the truth.
My local paper had an article in it about my water company. It is asking for a 21% rate increase this new year. This is on top of a 16% increase just 6 months ago. Over the last 3 years rates have increased 71%. How's THAT for NO INFLATION!!!!!! And this is only the beginning!!!
Check and see if AIG bought the utility company. They have bought up 17 so far to my knowlege. 51% hike on familiy's percapita earnings of $13,189 ...And...the
"too big too fail AIG " is helping American's "too small to survive" into financial armegeddon. When corporate runs the country, what's that spell folks ?
There should be a chart. They say 2 trillion in the next two years. That means it'll probably be 3 or 4 trillion..not too long before we get to a trillion a month.
In the eye of the beholder...There is one side who speek the TRUTH, & then there is the other side who also speak the TRUTH... but at the end of the day, whatever TRUTH you follow/listen to it's still fragmanted with LIES...unless you made up the LIES to be TRUE...because then it really is... the TRUTH..to you
Do you believe in the TRUTH on the left or the TRUTH on the right??? either way you're still a sheeple.
Find out your own TRUTH because then you really do become a person...
Bury the herd mentality and think for yourselves.
The truth is the history of what has been done - who did it - and who is trying to do it now. WHO benefits is the ONLY question one needs to ask themselves. No fantasy's...facts.
Iv'e been trying to get the exponential growth point across on my channel (tradergee1) for a while now. People just don't realize what exponential growth is and how fast it changes things. See my vid titled Silver Trader 10/25/09. Good blog.
atleast japan has high savings rate to fund its debt from internal sources and has a trade surplus which prevents its economy's collapse but its still a dead economy.
the US has to fund its debt externally and has trade deficits, only thing that is preventing the US economic collapse is the dollar reserve currency for international trade and buying commodities like petrodollar.
National deficit when Barry took office = 3 trillion
Current deficit = 12+ trillion
See a trend?
I don't blame old Barry by himself though. There is one seriously messed up congress helping him out. The wasteful leaders (both rep and dem) need to be voted out ASAP.
Who the hell is Barry? If you are talking about Obama you are way off on your numbers. Look at the government published spreadsheets for the real numbers. But you're right about blaming both parties for the debt mess.
How do you feel about YANKEEPREPPER speaking out against you, telling you to quote "STOP IT"? Telling us as a communtiy to stop following yours and others channels/videos. I for one no longer want to consort with this "off balance patriot" trying to divide us.
You know, and several of us out here that listen to you also know, that the elite are using this time to systematically destroy the US economy while getting control of what is left of the oil in Central Asia. Obama takes direction from his banker bosses at the FED and GOLDMAN. Their plan is to steal the wealth from present and future generations making them slaves with taxation and a culture of complicated numerous laws designed to control every single aspect of our lives.
The last show i seen on GB is he told his audience we have gone past the point of the typical fleeding to Treasuries. He said we are edging into the area of God, Gold and Guns. He showed it like a traffic light: Green light= Stocks, Yellow light=Treasuries/Bonds, Red light= God, Gold and Guns. Thats what i seen on his latest show anyways.
some of their regulars posted much as you or i do . Good articles deserve merit. When you check it out I bet you be glad. Hug baby for me. Mine is grown and theres a wonderful purity of spirit with the little tykes that we lose as our egos predominate. Its reversible, and being a good father is part of that ,cause love grows a finer spirit.
The love of money isnt the root of all evil. Capitalism is the only system that makes any sense, dollar votes. Whats happening now has nothing to do with loving money and everything to do with the enslavement of many for the benefit of few.
no offense brother but doesn't look like most agree with you......GOD's SYSTEM MAKES SENSE cause YOU and I IF given the same power WOULD FALL TO THE WICKED SELFISH DESIRE OF OUR HEARTS JUST LIKE THESE MEN. If i were you i would THANK JESUS that you are destined to become a vessel of mercy instead of like them vessels of WRATH! Vengence is MINE....said the LORD...TRUST HIM, HE WILL REPAY! Repent for how you and i have fed the BEAST thus far and follow the ONLY ETERNAL WAY, forsake ALL!
The financial reform act is bogus Excerpt : "The most-blatant example that I found with about 30 seconds of skimming are subtle changes in the so-called derivatives "regulation" section that allows a person to be an alternative "exchange." That's right. That would include an artificial person "
But yes the economy even the price of oil is represented by artificial demand as Karl describes.
Hope you don't mind my quoting Karl, he's a good source is all.
Excellent article. Deserving of notice as it is well written and concise on a difficult and complex subject. I wish youd post on zero hedge. Thank you.
because it would took only 70 years with1% growth per year for you to need have 2 Australias.
And not all land is agreeable, there is need for factories mines waste management facilities and not only place to stand.
shogu666 3 weeks ago
Last time I checked america was 20 trillion in debt and that was 4 years go : \ 22 ti be exact.
911isfun 2 years ago
From your web site:"Every single fiat currency that has ever existed prior to the ones we have with us today, has eventually been destroyed by its government."
Um, yes. Everything that has existed that is not around now must have ceased to exist.
Maxdwolf 2 years ago
how bout, the government lets businesses run the way they're supposed to instead of wasting money on them.
Legalize marijuana, I know that I wouldn't use it but it would make tons of money.
Ship back the fucking mexicans. It would cost a bit at first but save a shit ton and create loads of jobs
DONT REFORM THE HEALTHCARE!!!!
Bring down unemployment benifits. There's people who quit their jobs because living on welfare makes them more money.
And enviroment. Give tax deductions for recycling
YouHaveMetYourMaker 2 years ago 3
Comment removed
mondlandung10 2 years ago
@mondlandung10 dude, the government used to not mess with businesses and we had not debt either, so you tell me what's wrong with not messing around with this bullshit
YouHaveMetYourMaker 2 years ago
Our health care is one of the biggest reasons why were in our current economical state.
MrBenzz 2 years ago
The currently proposed "fix" for healthcare will only make the situation worse.
Steps to government control:
1. make problem
2. propose "fix" to problem that actually makes things work
3. rinse, repeat.
Look for the trend, it's happening a lot.
axelasdf 2 years ago
Search THE OBAMA DECEPTION on youtube. Resist the new world order. Wake up and realize the illuminati has you in their control. Left wing and right wing don't matter, they are both the same. infowars . com
ohkeepa2012 2 years ago
I swear a lot more people will be growing and selling weed for an income. maybe it will be the number one crop like poppies are in Afghanistan.
Igentenos 2 years ago
the new world order has hijacked our republic..we must stand up and defend freedom and liberty..stop being sheeple, and get informed..check out my page for info
DirtyMill08 2 years ago
join the weed for food program .... lol
LastReplaySC 2 years ago
well, exponetial growth is a global factor ignored by ALL GOVTS and systems
It basic maths on physics and biology of our "REAL WORLD"
this factor will also acure sooner or later on all comodities & resourses ...... the money systems are just a barometer or indicator.
the moment you cant get energy or food because your a dependant system peasant is the moment you exponential growth has hit you hard. fuck the finacial systems there is a lot more behind these crisises that are accouring
LastReplaySC 2 years ago
With Obama winning the Nobel Prize and then Ben Bernanke getting the "Person of the Year" award, you wonder if you woke up in some crazy bizzarro dimension.
eurohim 2 years ago
@eurohim
Savage calls it a "nightmare."
theboombody 2 years ago
Times-2009 Person the Year
Ben Bernanke!!!
Don' t kill the messenger people!
What do you think of that VV???
margiemaae 2 years ago
Don't give me a negative thumbs down. Just make a reply.
I want to hear your thoughts!!!
margiemaae 2 years ago
This is going to end very badly , Vision. You know that already.. Has anyone been watching the Long end of the Bond curve??
We are going on a complete circle and as far as I lknow. China and Japan are not buying anymore. Anyone else have some real info on this or know how to read the charts??
Coultrane or Chena????
margiemaae 2 years ago
Got to go to work so I can't wait to read the comments tonite when I get home. Take care and God Bless everyone.
margiemaae 2 years ago
How American companies behave right now will determine everything.
mediawasteland 2 years ago
What american cos.?
huskerbird1 2 years ago
It's a attempt to ease the pain of the financial black hole Americans have been sitting on the brink of. It might make the pain of America's debt less powerful, but only time will tell if it is going to be even more damaging itself. However, America is very behind in many technological environmental areas, so it is possible that this downturn could mean time for different types of businesses to prosper and possibly a less wasteful and more resourceful future for America.
mediawasteland 2 years ago
All regional walmarts in my area have let go of all part seasonal employees due to slow sales.
BendoverBernanke 2 years ago
Same here.
ThePresidentialTouch 2 years ago
Question: If the the American people could turn back the clock WITH the benefit of hindsight, do you think they would dig themselves into this economic black hole all over again *Personally I think they would..
FlyingFox1971 2 years ago
According to your article Real estate not a bad thing to be at. You should pay attention on oversold commodity, Oil a natural gas. World buying $ right now with volume. Is your gold target steel 10.75?
lilidk6150 2 years ago
Check this out. It's on YouTube and Drudge Report.
"Welcome to Obamaville sign."
sstoy10 2 years ago
I agree it's bad, but you have some flaws in your theory.
You're not accounting for inflation; how much is 1 trill of todays FRNs compared to the 1913 FRN, the 1933 FRN etc.? What percentage of GDP was the debt back in the 1930's, 1950's etc.
Also, during US history there has been several currencies, like the greenback, continentals, the dollar and now the federal reserve note.
lordoftheinternets 2 years ago
Daniel, what do you think of the situation in Japan when they had that lost decade? They were running zero interest rate all along yet they didn't have unbearable infaltion. Was it that they had an export / production based economy that eased off the inflation?
dlmaniac 2 years ago
Obama wants banks to lend money......Make new bad loans ? Did it happened before?
lilidk6150 2 years ago
unwind ..
of a steepening yield curve position...
some thing wicked
this way comes...
chena3 2 years ago
Great Stats
gombet 2 years ago
California Sales taxes rose $408 million, or 14 percent, from a year earlier, to $3.4 billion.
skyding8962 2 years ago
sstoy10,
It will help create more jobs, since businesses can better afford lower wages and will hire more people. Most minimum wage earners don't rely on it as the sole means of living, as they are high school students living at home or elderly to supplement their social security and retirment benefits. When minimum wages are increased, businesses lay off workers they can no longer afford. Simple economics at work. Don't take the job, or use it as experience to get a higher paying job.
superconor10 2 years ago
superconor10,
Thanks for the response. You make some great points. I did think that there might be some truth to that, cheaper labor etc., but at the same time it just sounded wrong to be reducing wages when things are getting more and more expensive. It was also the way they said it, definitely looked a bit fishy. I really don't know enough about economics to be able to sift through all the lies, so I just don't watch much TV and mostly just come to youtube for my economic news :)
sstoy10 2 years ago
Great stats from a great man, Vision Victory. You da man! Don't let them get away with it without exposing the lies.
JRCrowley 2 years ago
Daniel,
Guess what I heard on TV today? They were talking about a proposal to lower the minimum wage and they explained how that will be a good thing, it will stimulate jobs and hiring, and people will actually earn more this way(?) Ok, I really don't know economics, but this sounds like some more bs to me. Guess what else? They were throwing the word "macroeconomics" around as a justification. Now what do you think about that?
sstoy10 2 years ago
why pay less ? Are printers got out off ink?
lilidk6150 2 years ago
Just empty talks. It was tried, never worked.
The underlying principle is wrong from the start. A business does not hire people because they are cheap to hire but because hiring is foreseen to end with a profit.
When you are in the second situation, at this point, businesses usually look for the cheapest option to maximize their profit.
There are plenty of people who can provide cheap labour around the world. Does it mean they are all fully employed?
Of course not.
TheCZMan 2 years ago
The key point is that there could be the cheapest workforce available around( insert any figure you want here), if hiring them is not needed to end with a profit, no hiring will happen.
The question is not is hiring cheap enough but is hiring necessary?
This is the same question all around the world. If a business needs a workforce of 200 people to achieve its prediction of production, sales and then profit, the business wont hire a 201th person because this person comes for cheap.
TheCZMan 2 years ago
@TheCZMan,
That was kind of my impression too but I really don't know. Your comments here make a lot of sense, and I'll have to agree with you in this case. Also, right now, I doubt lowering wages will make businesses hire people when they are just trying to survive and cutting all expenses. They are just making 1 person do the jobs of 2 or more people. If you don't like it, that's too bad, good luck finding a better job. We've been working this way at my job for years now.
sstoy10 2 years ago
Do you still feel like the market will pull back significantly between now and April 2010, or is that prediction not going to work, and if not why?
jamesbllcc 2 years ago
not forget, before that they had to destroy yugoslavia what was a big power before their war.
opzoutenAUBnugraag 2 years ago
Yes, Yugoslavia made that engineering feat known as the Yugo. (small shoebox car with 3-cylinder engine).
Sure, they fell apart while driving off the lot.
But what do you expect from a factory that made pots, pans, guns, cars?
(not knockin' Yugoslavia...but that was a POS car)
jcwitness 2 years ago
well, first soviet union had to disappear. Now the US must be gone.
How you else want to make a world government.
opzoutenAUBnugraag 2 years ago 2
Last point. The government can do anything it wants to private debt. So even in theory if dollar devaluation is supposed to freeze all debts, don't bet on that for us. I'm not sure they want to make it that easy for us to get out of debt, because after all, our debts are the banks' assets.
Trazom24 2 years ago
its gonna go really badly son, good luck america
jack4396 2 years ago
It's going to end in a collapse! Oh, but haven't you heard? The recession is over. I just heard it on the news yesterday, LOL.
kswatcher 2 years ago
Now that is THE stat that says it all. Big goverment does not work. AND that stat shows that this country is going in the wrong direction and it WONT change...get ready for the sinking of the Titanic! The good ship USA....
videolover61 2 years ago
y = x^2
Mathematics is indisputable.
Trazom24 2 years ago
Thx for the tips. VV, IMO, Your diet sucks!!
911truthncDotOrg 2 years ago
my diet??????
visionvictory 2 years ago
I hate mean comments/people.
GreatVideoFinder 2 years ago
Another good post...worth clicking over to Manifesto for the read. Although the views of this site are becoming more (not fully) ubiquitous across the web, VV is still one of the early pioneers to first publicly sound the horn and express his dismay at this crisis and to that I say Thanks. You would make a good John Conner in an overrun of Terminators for your "resistance" organizational abilities. : )
Teyec00n 2 years ago 4
I clicked on your Blanchard ad, hope that helps. I dealt with them 15 years ago, they are shysters. Buy your PM's elsewhere.
elpilotoazul 2 years ago
it will be 4 trillion by next year, 10 trillion by the next year and 50 trillion by the following year.
projectdurden 2 years ago
We have linear growth with exponential debt servicing.
justjacqueline2004 2 years ago 2
This can not end good, we just seem to keep spending and spending.
mstwoells 2 years ago
The money supply does indeed follow an exponential growth function. More debt equals more monetizing. More monetizing equals more money in circulation. More money in circulation equals more reckless spending and creation of debt. And the cycle continues.
Wavarian 2 years ago
Yay! It's the ROMAN EMPIRE's Collapse all over again!
Party in the USA! yeeeeah I'm gonna grab some glow sticks and rave all the way down to oblivion.
Aracuru 2 years ago 4
I don't retire for another 25 years. My 401k is at 23k. How in the hell can I trust the dollar for 25 years?? ...But the only way for my company to contribute to my retirement is to invest in my 401k which DOES NOT offer a safe haven from the USD. 401k is a scam because it forces you to invest/gamble with your retirement. I have no faith in the dollar. I can't be alone in my dilemma; what will happen when millions did what they're suppose to and still can't retire?
B12978 2 years ago 4
Remember when the companies started phasing out traditional pension plans in favor or 401(k)s a few years back? I remember because my company trailblazed the way. In essence they were saying back then they couldn't guarantee our retirement anymore.
People need to wake up. They've known what's coming for years and have set us all up.
Trazom24 2 years ago 2
My father and I talk about it all the time. He's an oldie that has worked a lifetime at a major DOW 30 company. He has a pension, but we know I never will.
He gets social security, but we know it will be a fraction of what it is today in terms of what you get for the money.
It's hard, because part of me is mad at him, because we all have a good idea what the future is for these things, but I told him to enjoy it every damn day, because it won't last forever. He knows and has at least.
cowboycarl04 2 years ago 2
rome fell usa ,,usa!! next?
Repomex01 2 years ago
The article on your blog is really, really great. I hope you write some more in the future. No pressure, when you have time, I know you're busy. I just like to read :)
sstoy10 2 years ago
Good analysis. The money supply is expanding at a exponential rate.
He101A 2 years ago
I'm wondering why you didn't mention "Republican" President Nixon since you labelled the other presidents in your blog. Also could you do a video on buying foreign business funds like you said in your blog?
cheeple 2 years ago
Republicans and Democrats are two sides of the same coin. You don't have to put a Presidents Name on it since they are all controled by the Wall Street/World Bankers. Also, some Democrats talked about Nixon
-The-Crook as 'one of us'. Nixon was a big spender as was Bush-The-Fool. Obama-The-Puppet is outspending all past Presidents combined. That's a problem.
xmenrus 2 years ago
this will cause a world wide hyperinflation !
ScienceArtSpirit 2 years ago 3
Why do you say it will cause world hyperinflation? Not all countries are in as much debt/GDP as the US nor do all countries use increased housing costs to import burrowed money to stimulate local economies. The increased prosperity of east is relational to collapse of the west. They work for money, we do not.
0urGaia 2 years ago
US $ is the currency of the world.
ScienceArtSpirit 2 years ago
@ScienceArtSpirit,
for now. Doesn't mean it will last forever. In fact, it most likely won't.
sstoy10 2 years ago
Super, hyper, mega inflation.
psxwarrior 2 years ago
Thank you Daniel. Appreciate the details in your blog expecially things that you recommend.
iknownothingnow 2 years ago
Hey, you guys posting that martial law is coming, can we talk? Seriously. I don't think martial law is coming. I don't know everything but I just don't think this is true.
iloveterriers 2 years ago
In all the MaDNess in our life's right now!!! If MARSHALL LAW is in place and FooD shortages are coming, who is to say a fair system will be in place to trade the wealth we have acquired in preparedness??? VISION VICTORY???
texture6 2 years ago
Also private debt to GDP for most western nations in many cases, is near perfect exponential curve since 1971 (hint hint). We are NOW at the end of the curve. Massive global debt deflation is inevitable and will be followed by equally massive QE that will lead to inflation. The signal for the next and final downleg will ba a huge rally in the dollar. Hold cash in hand as it will be valuable during deflation period, invest in food security before precious metals. Food is wealth, end of story...
johnTconover 2 years ago
Exponential Growth applies to human population! ie human growth is Not sustainable!
overpopulation will be sudden fallowed by mass extinctions!
kimxxxyyy 2 years ago
Hey Kim. I am usually on the side of the people posting here, but there is one thing I agree on with the "Elite." The earth IS overpopulated and people should not have kids if the parents are on drugs or addicted to booze, or if they are uneducated, or if they have psychological problems or other issues. People should not also have kids if they cannot afford them and provide them a good life.
Sorry to sound like an elitist, but I've seen too much child abuse in my work field/
iloveterriers 2 years ago
Point taken.
chiyerano 2 years ago
No, the earth is NOT overpopulated. Sure, you have unnatural high concentrations in urban areas (by CHOICE from the people that live there).
But if you took ALL 6 Billion people in the world, you could move them all to Australia. Give each individual their own 0.75 acre lot to live on (enough for their own gardens) and you still would NOT FILL AUSTRALIA and the rest of world would be deserted of humans.
So HOW are we overpopulated?
jcwitness 2 years ago 3
@jcwitness mexicans seems to concentrate in every part of US nowadays...
bc5620 2 years ago
bc5620, I have seen orange juice concentrate, and fruitpunch concentrate..but never Mexican concentrate.
A good friend of mine is Mexican and I _thought_ I saw him concentrate...I was wrong.
Turns out he just had some bad flan.
jcwitness 2 years ago
@jcwitness I love mexicans , they provide us with all our foods I hope you didn't get the wrong idea about what I said. I love the fact that they are in the USA...just LOVE the smell of fresh tortillas everywhere....ummm mmmm!
bc5620 2 years ago
@bc5620 I think mexicans are the backbones of this country ..without them we'd be starving....I don't understand all these people that want the borders closed...that's like saying we want to stop our food supply to stop.
bc5620 2 years ago
all nations have a right to protect their borders. so we should keep our borders wide open for drug cartels to spread there violence. we need to protect our borders. why should we protect iraq's or afghanistan's or south korea's borders while ours is wide open. we need to put our national guard at the borders to stop the flow of guns and drugs and control illegal immigration.
awakenedblckteen1991 2 years ago
@awakenedblckteen1991 not sure what the term legal means anymore...I agree with controlling drugs ....I think we need to integrate...I mean after all it's all the same land... just like china and taiwan it's only a matter of time...
bc5620 2 years ago
bc5620, I took your comment as half-joking.
I personally trust the Mexicans (that I know) more than even some of my own family. Sure, some of them don't speak English. Spanish is an easy language to learn. American English is very difficult (study more than one language and you will agree).
Mexicans are not the problem with job losses. If immigrants are unwanted, then any of us with Native American blood can kick EVERYONE ELSE out.
jcwitness 2 years ago
DEBT DEFLATION... nuff said...
johnTconover 2 years ago
Look into the future by looking at the past, but requires a university library for these:
A dry technical description: The stabilization of the mark [1927] by Hjalmar Schacht Published in 1927, Adelphi company (New York, NY)
Hjalmar Horace Greeley Schacht was the German banker who stabilized German money after the Weimar Republic.
For readable non-technical insights: Confessions of "the Old Wizard" [1956] The magic of money [1967]
Believe me, it applies today.
adamitshelanu 2 years ago
America still has the finest infra-structure in the WORLD, and the natural resources here in this country are envied most everywhere on this planet... so how in the H-word did we get HERE?
we got here because there are people in this world that want to, not only, destroy America, but all nations. We've just got to get off their paper money. We need to develope a different currency to use to trade our goods.
lueezee 2 years ago
Natural resources most envied? Are you speaking about the continent or the U.S? Other than economy and military size the U.S does not rank top in much.
squared34red 2 years ago
Comment removed
CASTILLOM1 2 years ago
yes, about the continent too. There is a good ratio between arable land and population along with a good infra-structure to transport goods. IMO, the inflation of the money supply is not to save us but destroy us. But, the destruction of our monetary system will also spur innovation, and the resources are already here to support that effort.
lueezee 2 years ago 2
Fiscal Year 2009, A Congressional Budget Office Analysis
November 6, 2009 tinyurl . com / ycb42os
DavidAKZ 2 years ago
The rule of 72.
BlueEagle8 2 years ago
That would be a great T-shirt idea and conversation starter.
Trazom24 2 years ago
I know that most of these drugs are manufactured in China so that means that the Drug companies are racking up.
Putting the money back in the Politians hands or the Bildenburgs
I guess it goes reel deep! ... Trying to bankrupt the small business ... Drug everybody with cheap drugs from China and then take over North America while everyone is happy on cymbalta, Neurontin, Valium, Xanax etc....
What a scheme!!!
I'm starting my farm this spring
midnightrun7 2 years ago
We seen this 25years ago in New Zealand when Assets were sold off by Traitorous politicians to settle debt which was deliberatly cooked up by conditions of the IMF
chevyvictor 2 years ago 2
Vision, I was just checking out the Debt Clock and noticed the Small Business Assetes is decreasing by one million dollars every 45 seconds or so. The US Unfunded Liabilities is at 106.5 Trillion and is increasing by roughly 1 Million every 10 seconds. Just the prescrition Drug Liability is over 18.5 Trillion.
How much Legal Drugs does this country take compared with the illegal Drugs. Iether way I'm sure lots of people are getting rich. So 308 million people taking 18.5 Trillion in drugs?
midnightrun7 2 years ago
It's all staged!
It's precisely been written down a hundred years ago...
...unbelievable, how accurately they proceed...
Tressco 2 years ago 2
Excellent article and video. Now I'm off to ebay to buy some more bullion.
WorldBankofAmero 2 years ago 2
What do you all think about Larry Summers proclaiming that the "Recssion is over"?
The "Numbers" seem to support his position.
What do you think?
Is this another one of those MANY episodes throughout history where the Doomsayers have been proven wrong again, and that the sky isn't falling after all?
jarden69 2 years ago
Wasn't the recovery supposed to happen in 6 months ago? Notice how they have quietly moved it to the spring of 2010.
VictoryIndependence 2 years ago 2
The "Numbers"???? You mean the govt cooked/manipulated numbers of the BLS?? Have you not noticed that summers and the banking gang have been wrong for 15 years in a row now??
CASTILLOM1 2 years ago 4
The Jim Rogers interview with Maria Bartaroma was very interesting if you guys didn't see it I would recommend checking it out. At least she didn't mock him like they did Peter Schiff on CNBC's Fast Money Jack-off's with that dance thing.
What was reel interesting to me was what he said about FOOD and WATER. Also, Commodities such as Soy Bean, and Silver.
I don't think Jim Rogers is as bad an invester as he thinks he is.
Good Video Daniel
midnightrun7 2 years ago 2
Jim Rogers is an Illuminists, he got rich dealing with a crook named George Soros. He claims to be a terrible trader but I'm pretty sure Soros gives him some insider info.
I would advise you not to listen to Rogers, he's a disinfo agent.
ninjaguy123 2 years ago
Actually, if you watch the soros interviews on rogers you'll see theyre no longer buddies. Jim even tries to place distance between the two of them quite often.
CASTILLOM1 2 years ago
Well I don't know his associates but I personally believe that Silver will go way up as well as commodities.
Furthermore there is a food and water shortage. If there is a war in the Middle East oil prices will go way up, hence food prices and shortages here.
What Rogers was saying to Maria was start farming. Celente is saying it and many others.
I just found Food Storage containers and took my first step in accumulating long term food, water and propane reserves, not to mention ammo! Peace
midnightrun7 2 years ago
CASTILLOM1 :
How many people lie on TV? too many.
Rogers doesn't want people to think that his success is associated to that crook George Soros and other Illuminists.
Midnightrun7:
Disinfo agents can give you 85% truth so that you follow them, and then 15% lies to miss guide you. Watch out !!
ninjaguy123 2 years ago 4
Very true, I completely agree. Ive wondered for a while now why they would allow people like Jim Rogers on their most powerful weapon, the media, so often. Thank you ninja, I will definitely keep an eye on him much like schiff and paul.
CASTILLOM1 2 years ago
I thought Ron Paul was one of the good guys too, until he got caught on TV using the Freemason's hand shake. I was so disgusted.
Let's not forget about the money he raised for his campaign in 2008 that nobody knows how he spent it.
You always have to wonder why people keep their jobs and get invited on TV although they're criticizing their government and politicians, while others get murdered for telling the truth.
ninjaguy123 2 years ago
Very true, one has to wonder if both these guys are "controlled opposition".
CASTILLOM1 2 years ago
Daniel, I tried to get into your blog, but they insisted i put a photo on there, well, I don't have a photo. Anyway to get on without all that?
whiskerchild 2 years ago
You do NOT need to put up a photo. You can select an avatar from the ones already on the server. Or just skip it. Most fields are voluntary.
jcwitness 2 years ago
thanks
chromedreamz 2 years ago
Albert Einstein called compound interest the most powerful force in the universe
kenandjasha 2 years ago 5
there was that video on exponential growth and how it is not sustainable.....chris martheson i think
Ubreako 2 years ago
PEAK OIL by Chris Martenson.
CASTILLOM1 2 years ago
My local paper had an article in it about my water company. It is asking for a 21% rate increase this new year. This is on top of a 16% increase just 6 months ago. Over the last 3 years rates have increased 71%. How's THAT for NO INFLATION!!!!!! And this is only the beginning!!!
pepeledog 2 years ago 3
Check and see if AIG bought the utility company. They have bought up 17 so far to my knowlege. 51% hike on familiy's percapita earnings of $13,189 ...And...the
"too big too fail AIG " is helping American's "too small to survive" into financial armegeddon. When corporate runs the country, what's that spell folks ?
Hint * starts with an F ends with an M.
Comming to a town near you ~
RenegadeTimes 2 years ago 2
@renegade times..
gotta pay for all them water peoples pensions.....
chena3 2 years ago
chena3 ~ the profit goes in the investors pockets. Has nothing to do with any pentions~
RenegadeTimes 2 years ago
There should be a chart. They say 2 trillion in the next two years. That means it'll probably be 3 or 4 trillion..not too long before we get to a trillion a month.
eurohim 2 years ago
In the eye of the beholder...There is one side who speek the TRUTH, & then there is the other side who also speak the TRUTH... but at the end of the day, whatever TRUTH you follow/listen to it's still fragmanted with LIES...unless you made up the LIES to be TRUE...because then it really is... the TRUTH..to you
Do you believe in the TRUTH on the left or the TRUTH on the right??? either way you're still a sheeple.
Find out your own TRUTH because then you really do become a person...
Dig
DigBreamer 2 years ago
The left right paradigm is dead.
Bury the herd mentality and think for yourselves.
The truth is the history of what has been done - who did it - and who is trying to do it now. WHO benefits is the ONLY question one needs to ask themselves. No fantasy's...facts.
RenegadeTimes 2 years ago 5
Iv'e been trying to get the exponential growth point across on my channel (tradergee1) for a while now. People just don't realize what exponential growth is and how fast it changes things. See my vid titled Silver Trader 10/25/09. Good blog.
tradergee1 2 years ago 2
12 trillion in debt.
14 trillion gdp.
5% savings rate.
low manufacturing base.
atleast japan has high savings rate to fund its debt from internal sources and has a trade surplus which prevents its economy's collapse but its still a dead economy.
the US has to fund its debt externally and has trade deficits, only thing that is preventing the US economic collapse is the dollar reserve currency for international trade and buying commodities like petrodollar.
stealthpakfa 2 years ago
Comment removed
chrisficki 2 years ago
::buzzer sound:: Try again.
National deficit when Barry took office = 3 trillion
Current deficit = 12+ trillion
See a trend?
I don't blame old Barry by himself though. There is one seriously messed up congress helping him out. The wasteful leaders (both rep and dem) need to be voted out ASAP.
JosiahsBackpack 2 years ago 7
Who the hell is Barry? If you are talking about Obama you are way off on your numbers. Look at the government published spreadsheets for the real numbers. But you're right about blaming both parties for the debt mess.
chrisficki 2 years ago
LOL
Barry Soetoro - (a.k.a. Barack Hussein Obama)
JosiahsBackpack 2 years ago
"Look at the government published spreadsheets for the real numbers"
Seriously? Since when does the government give us real numbers? Take their latest unemployment numbers for example. . . .
Both parties are equally corrupt and one and the same. It's time to Flip This House.
Michigansnowpony 2 years ago 2
Government published spreadsheets? Are you serious? Like they are gonna tell us the truth.
psxwarrior 2 years ago 3
Don't forget to add in the Social Security surpluses that were also borrowed during all these administrations.
chrisficki 2 years ago 2
Obama=Puppet. I havent blamed a president for any occurence ever. They are traitors to the American public however and deserve the guillotine...
CASTILLOM1 2 years ago 3
Except for maybe JFK, and look what happened to him? Murdered by the CIA.
psxwarrior 2 years ago 5
Did you forget about the stimulus package he rammed through congress earlier this year?
psxwarrior 2 years ago
Irish labor unions
pissed off about
20% pay cuts..
the fuse is lit ...
chena3 2 years ago
Obama is even more corrupt than both Bushes were and that's no small thing.
TheDemonPazuzu 2 years ago 6
Comment removed
noncompliant2 2 years ago
Daniel,
How do you feel about YANKEEPREPPER speaking out against you, telling you to quote "STOP IT"? Telling us as a communtiy to stop following yours and others channels/videos. I for one no longer want to consort with this "off balance patriot" trying to divide us.
Proof:
watch?v=1vJ-x8iT0bs
noncompliant2 2 years ago 2
Who cares let the retard talk. Everyone has an opinion
jaingxu 2 years ago
Daniel,
You know, and several of us out here that listen to you also know, that the elite are using this time to systematically destroy the US economy while getting control of what is left of the oil in Central Asia. Obama takes direction from his banker bosses at the FED and GOLDMAN. Their plan is to steal the wealth from present and future generations making them slaves with taxation and a culture of complicated numerous laws designed to control every single aspect of our lives.
WHEREtheFUNK 2 years ago 4
Comment removed
nextdimensions 2 years ago
Comment removed
nextdimensions 2 years ago
The last show i seen on GB is he told his audience we have gone past the point of the typical fleeding to Treasuries. He said we are edging into the area of God, Gold and Guns. He showed it like a traffic light: Green light= Stocks, Yellow light=Treasuries/Bonds, Red light= God, Gold and Guns. Thats what i seen on his latest show anyways.
bufforilla 2 years ago
whats a trillion dollars? id loan it to the government but i dont make small personal loans
centervilletn 2 years ago 3
Ok, Mister Rothchild.
psxwarrior 2 years ago
where it end is money being obsolete.. dont ever say that i didnt tell ya so..
captcaveman4201 2 years ago
This has been flagged as spam show
Bankrupting our country is treason!
Please, see my page under comments section for newly published expose.
See my page for plan.
JPK7777777 2 years ago
March 20th, 2010
National March on D.C. to end imperial wars.
Hundreds of organizations involved. This one is going to be big
answer(.)pephost(.)org
grit123 2 years ago 2
thx for sharing
visionvictory 2 years ago
No problem. Good blog. Thanks for all your hard work. We'll get there, everyone just needs to do their part.
grit123 2 years ago
some of their regulars posted much as you or i do . Good articles deserve merit. When you check it out I bet you be glad. Hug baby for me. Mine is grown and theres a wonderful purity of spirit with the little tykes that we lose as our egos predominate. Its reversible, and being a good father is part of that ,cause love grows a finer spirit.
1mealperday 2 years ago
Eventually people will learn just how screwed they are. They don't know what creek they are in much less have a paddle.
oc5nsli341nforce4 2 years ago 4
the LOVE of MONEY is the ROOT of ALL THIS EVIL we SEE!
and WE FED THE SYSTEM! (the BEAST)!
I think repentance is in ORDER!
Good vid!
ONErighteousNESS 2 years ago 9
Agreed. +1
oc5nsli341nforce4 2 years ago
The love of money isnt the root of all evil. Capitalism is the only system that makes any sense, dollar votes. Whats happening now has nothing to do with loving money and everything to do with the enslavement of many for the benefit of few.
CASTILLOM1 2 years ago
no offense brother but doesn't look like most agree with you......GOD's SYSTEM MAKES SENSE cause YOU and I IF given the same power WOULD FALL TO THE WICKED SELFISH DESIRE OF OUR HEARTS JUST LIKE THESE MEN. If i were you i would THANK JESUS that you are destined to become a vessel of mercy instead of like them vessels of WRATH! Vengence is MINE....said the LORD...TRUST HIM, HE WILL REPAY! Repent for how you and i have fed the BEAST thus far and follow the ONLY ETERNAL WAY, forsake ALL!
ONErighteousNESS 2 years ago 3
God bless.
psxwarrior 2 years ago
actually, I look forward to talking to you here!
rytis1 2 years ago
lol, lets keep it under 500 characters :)
visionvictory 2 years ago
Math is so clean.
Statistics, a dream.
Merrily down the stream....
Is that a waterfall ahead??!! :O
Airave 2 years ago 4
In a leaky river boat with out a working engine.
oc5nsli341nforce4 2 years ago
Hahahahaha.
Nice.
sinsarcasmo 2 years ago
Back up the truck!
seadog92023 2 years ago
Fuzzy math on a GD piece of paper!
Daniel The Tungsten Gold Bar thing is far from over, that could end being the lynch pin
jonah70757 2 years ago 2
I just read Karl's post
The financial reform act is bogus Excerpt : "The most-blatant example that I found with about 30 seconds of skimming are subtle changes in the so-called derivatives "regulation" section that allows a person to be an alternative "exchange." That's right. That would include an artificial person "
But yes the economy even the price of oil is represented by artificial demand as Karl describes.
Hope you don't mind my quoting Karl, he's a good source is all.
Atoyota 2 years ago
Not all, thx for the info.
visionvictory 2 years ago
Denninger??
CASTILLOM1 2 years ago
yup
Atoyota 2 years ago
Excellent article. Deserving of notice as it is well written and concise on a difficult and complex subject. I wish youd post on zero hedge. Thank you.
1mealperday 2 years ago
Do they let anyone post?
visionvictory 2 years ago
yes
Atoyota 2 years ago