Collapse?--Like into a black hole? Are they going to cease to exist? These countries are here today doing mostly well by their citizens and will still be there tomorrow doing substantially as they always have. They will work it out. In ten years the situation will be different but everyone will be just fine. Why all this talk of economic doom?
Roger, just in case you didn't work it out the answer..
Question. How can broke economies lend money to other broke economies?
Answer. They PRINT it.
It is created out of thin air thus devaluing all the money currently in existence. This is an unsustainable solution, and as the currencies (all current world currencies) are FIAT (backed by nothing real) the ultimate result is that the currencies will eventually return to their true value... ZERO.
@ICaptainMidnightI When compared to Fiat currency an ounce of Gold has historically, at least for the last 3000 years or so, been about the right amount of shiny required to buy a fine tailored suit. It is a much wiser way of protecting any wealth you may have when compared to meaningless pieces of paper (including gold and silver certificates or ETFs)
@ICaptainMidnightI Oh, and they are both very useful, especially silver, which incidentally is rarer than gold at the moment. Think electronics, solar panels, anti-bacterial applications such as water purification, mirrors, dentistry, jewelry, photography. They both also make rather good paper weights! ;)
@TheHolySpirit Which in turn deflates the currency and makes it worthless.
In the Us alone each citizen born owes 40,000 dollars. Who do we owe this money to? The same monopoly that Jefferson warned us about in England. The banking cartels. The ups federal bank. Who controls the interests in of the world? The banking cartels. The elites of the world. Everything they will happens.
I know it is meant as a joke, and is meant to be funny, and as I don't have any offspring and am over seventy I guess I can afford to have a little laugh at it.
classic.
dont see comedy like this much anymore.
hcvang 1 year ago
Collapse?--Like into a black hole? Are they going to cease to exist? These countries are here today doing mostly well by their citizens and will still be there tomorrow doing substantially as they always have. They will work it out. In ten years the situation will be different but everyone will be just fine. Why all this talk of economic doom?
jwberrie 1 year ago
This has been flagged as spam show
I love this video - great fun. Worth watching more than once.
DrStrangelife 1 year ago
The liberals will have the bloods on there hands, as the world crumbles to africa status
kanoy30 1 year ago
sad but true
jeremy8080 1 year ago
Comment removed
doshus73 1 year ago
Was this good?
Roger!
ghmorgan1 1 year ago
PMSL! A great piece of work - thanks. Oz.
goldieken 1 year ago
Roger, just in case you didn't work it out the answer..
Question. How can broke economies lend money to other broke economies?
Answer. They PRINT it.
It is created out of thin air thus devaluing all the money currently in existence. This is an unsustainable solution, and as the currencies (all current world currencies) are FIAT (backed by nothing real) the ultimate result is that the currencies will eventually return to their true value... ZERO.
Buy REAL gold and silver NOW.
TheHolySpirit 1 year ago
@TheHolySpirit
Except gold is worth next to nothing too, as its not useful its just rare.
ICaptainMidnightI 1 year ago
@ICaptainMidnightI When compared to Fiat currency an ounce of Gold has historically, at least for the last 3000 years or so, been about the right amount of shiny required to buy a fine tailored suit. It is a much wiser way of protecting any wealth you may have when compared to meaningless pieces of paper (including gold and silver certificates or ETFs)
TheHolySpirit 1 year ago
Comment removed
wyeack 1 year ago
@ICaptainMidnightI Oh, and they are both very useful, especially silver, which incidentally is rarer than gold at the moment. Think electronics, solar panels, anti-bacterial applications such as water purification, mirrors, dentistry, jewelry, photography. They both also make rather good paper weights! ;)
TheHolySpirit 1 year ago
@TheHolySpirit Which in turn deflates the currency and makes it worthless.
In the Us alone each citizen born owes 40,000 dollars. Who do we owe this money to? The same monopoly that Jefferson warned us about in England. The banking cartels. The ups federal bank. Who controls the interests in of the world? The banking cartels. The elites of the world. Everything they will happens.
darklordixor 1 year ago
Puts it all in perspective doesn't it.
I know it is meant as a joke, and is meant to be funny, and as I don't have any offspring and am over seventy I guess I can afford to have a little laugh at it.
But why, when I laugh do so many tears flow?
ampersandtay 1 year ago 2
Lol...too funny! Correct ;p
Peace & One <3 MJB
23molebe 1 year ago
Very well done!
choices1111 1 year ago
This is very good stuff......
WorldSurvival101 dot com
DeathOfTheDollar2010 1 year ago
Its so true... Nicely done!
MrBlablaishere 1 year ago