2/5/09 Marc Faber: " U.S. will default on debt or enter hyperinflation "
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Praise be to Allah for hyperinflation. Give him a lamb, and he will sacrifice the world.
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Socialism actually has a DEFINITION, and it's a totally different concept than fascism or corporatism. You don't even understand what the words you use mean. Socialism has nothing to do with state capitalism, and the US isn't even state capitalism. Learn the basics, then come again.
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US debt is about 60 000 000 000 000 , 00 $, without the derivative bubble, mind you. Shut up if you don't even understand the topic.
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@trakkaton Ron Paul had a great insight that when you put socialism in a corporatist guise, there are a lot of useful idiots who say they aren't socialists who go along with it.
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The official GDP is just a fake number pulled out of someone's ass.
Social security and Medicare are expensive because of the industry sucking from it. It's not expensive to feed and care for people.
The government is a puppet of Wall Street, which is hardly "socialist". Wall Street doesn't care about anyone, see CDS, "bail-outs", etc.
They care about homeowners as much as the military does about their henchmen and cannon fodder. Read: Gulf war syndrome.
2 years ago 2
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The "Spendocrats" - who's that?
Reagan and his Star Wars?
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The same that happened to any other country that went bankrupt - see Germany, Argentinia, Zimbabwe, etc.
The will be more of what's there already: More slums, more poverty, more crime, more police state, more tyranny, more polarization, more uniformity, more idiots, more entertaining, more decay, more lies, more chaos, more surveillance, more absurdity. It will be extreme.
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What happens if the United States goes bankrupt?
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Oooh, everything is so crystal clear now. The Zimbabwean School of Economics is pure genius. If something doesn't work, print money. If it still isn't working, continue to print print print print print and print more, ad infinitum.
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jep! no bullshit just facts and projections... love it!
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Zimbabwe school!
FarmannTVNorway 3 years ago 16
All the best economists are...
teewillis1981 3 years ago 10