Meltup

The beginning of a U.S. currency crisis and hyperinflation. Become a member of NIA for free at http://inflation.us

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News & Politics

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• meltup
• inflation
• hyperinflation
• currency
• crisis
• collapse
• gold
• silver
• gerald
• celente
• peter
• schiff
• ron
• paul
• marc
• faber
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• rogers
• tom
• woods

[dilic]

Good documentary, except for the last part in which they sugest that the problems could be solved if the american people would just start buying american products, instead of "cheap" stuff out of China and India...

I mean thats an illusion! You cant go back to what once was. the Genie is out of the bottle. The smoke also doesnt go back in to the sigaret. Thats called entropy, its the way nature (and society!) works. We need a whole new system and way of managing this fragile planet.

[muamer326]

Ron Pual!

[dogfight156]

good stuff. only:

1. china needs america far more than america needs china. they benefit more. the relationship is vital if they want to expand their military presence in the pacific and SE asia.

2. believe it or not, there is far more corruption in china than america--in business but especially in gov. bejing restricts information and free thought even more than washington.

punchline? nations/borders don't matter. it's been like this since the 80's.

[DietAndRecipes]

@dilic Wrong. When the bubble bursts it won't be cost effective to import from China anymore and we'll have to get used to manufacturing for ourselves.

The real problem is big gov't (read: too many civil servants, making too much money). We simply can't afford teachers, who are part time workers, making $120k a year with benefits and early retirement and life long benefits and pensions. This is what 'gov't spending' really means.

[MrDeejayjfx]

@muamer326 Ron Paul.

[mrsokla]

I've seen my grandparents file Chapter 7 bankruptcy for $250,000 in debt and get it!! Just to turn around and get approved by medicare to pay for 2 electric wheel chairs that cost, in total, $8,300. WOW!!!! What a country!!!! Huh..................

[mrsokla]

what about local government inflation of 8% to 11% on products in the form of sales tax to fund more government jobs that don't help the production of products.

[dilic]

@MrDdudeman2405 That will never happen my friend.. China, India, Indonesia, Brazil etc... are too much ahead now. The wages corporations have to pay for the laybor over there is maybe 100 times as little as it is in the US or the West in general... There isnt a company in the world that could afford making that kind of decision.

[dilic]

@whateva400 Of course, i ment to say MACRO instead of MICRO, in my first post... For I wrote two times 'micro'.... sorry about that, hope that didnt confuse you too much.

[dilic]

@whateva400 Their DNA loses its flexibility etc. You could see that as an increase of the entropy. And the third law of thermodynamics implies that ALL systems always go towards an higher (or the same) state of entropy. Since that law was written down, not a single experiment that was done contradicted this statements, hence it's called a LAW!

But I admit that entropy is very counterintuitive when it comes to looking at livings organisms, and especially humans who are able to think, talk etc.

[dilic]

@whateva400 On a micro scale entropy maybe doesnt apply so well than it does on a micro scale. But if you'd want to, you could easily do some calculations and prove that even on a micro scale the law of entropy holds.

For instance, I know living organisms are the very opposite of what you might expect the law of entropy would predict. In our bodies there most certainly is no chaos or disorder... But it always WANTS to go to a state of disorder. Thats why people get old and die...

[MrDdudeman2405]

@dilic they mean that production needs to come back to america