World Collapse Explained in 3 Minutes

This is priceless!

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  Comedy

[NoName NoFame]

your comment makes no sense in that america doesn't have capitalism and hasn't had capitalism for many decades now (clue: free market capitalism doesn't have central banks artificially setting the interest rates and there is no bank bailouts - banks that gamble foolishly go bankrupt) while china doesn't have communism and hasn't had communism for decades (clue: "to get rich is glorious" is NOT one of the communism's main tenets)

[Howzyer Bippy]

when you sell your gold crybaby Baby

what do you take for it. Flintsone stones? or paper cash?

you need a medium of exchange and that cry baby is paper cash

After you have enough you turn it into rental property cash and not metal cash- metal cash sits there like welfare person and requires housing and storrage and never gives back any thing by way of productivity

Rental real estate on the other hand produces little golden eggs each month so you can get paper cash or food cash or stuff cash

[Don Throughsix]

"Since the War, been a bit quiet."

[Joshua Morrison]

Correct. America is actually a fascist nation if you look at what fascism really is in a non-pejorative manner. Fascism is a marriage of big government and big corporation in an unholy alliance. That defines the USA. Furthermore, the Fascism that we have is further hindered from any semblance of success due to our debt based economy and the boom bust economy via the Federal Reserve.

[ssssssXXssssss]

ha ahah ahaaaha-very funny video  very sad issue(got some tissues?)

[daro2096]

Hang on where is the US going to get the money pay back China? And what is China going to do if America defaults(which it will) on its debts to China?

[MUSTBUYRIGHT]

well just cut some trees down and give them back what you owe them, really thats where were at!

[Able Simms]

I keep telling you... The Venus Project. Replace the monetary system with a global resource economy. YouTube Jacque Fresco.

[Howzyer Bippy]

Yes I know about Mexico~I almost bought a condo in Los Cabos 25 yrs ago but the interst rate in Pesos was like 10% a month (or something~I forget the exact amount) but if I were to borrow in Dollars then the rate was only 10% a year (or something like that)

I didn't buy.

I was told I could buy a house for $10,000 and I got excited but then they told me I could only rent it out for $50 a month- those numbers don't work

Good luck down there. Hope all is well for u. Keep away from the windows.

[larry atta]

thanks, pretty clear, in Mexico house loans are tied to the inflation rate.

[Howzyer Bippy]

Easy peasy Larry but it has to be in 2 parts- not enough room here

Part 1 of 2

Say u borrow $100,000 DOLLARS aginst a new house. U now owe the bank $100,000. If the dollar inflates or deflates it makes no difference to the bank - you still contractually owe them 100,000 cash dollar bills. If the dollar goes up in value & now they are harder to get ~the bank will have no mercy & u will still have to give them 100,000 bills BUT it also works the other way.

[Howzyer Bippy]

Part 2 of 2

If inflation drops the dollar to 80 cents u still only owe them 100,000 bills but now the dollars r easier to get.

& SO if hyper inflation takes the dollar to 1 cent u still only owe them 100,000 dollar bills. But now u can get the 100,000 bills very easily.

Does that make sense??

Governments do that all the time. They borrow money & pay it off over a long time. Here in America we just paid off the Civil war about 50 years ago. But By the time we paid it the money was worth noting