On the Edge with Max Keiser . . . and Mish Shedlock - 20 November 2009 (3/3)
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Somebody else doesn't have to loss a buck for you to make a buck. Money is just a medium of exchange. You can produce something of value and keep it! Now your net worth just went up, and nobodies went down. But now that you've add more value to the economy and there is just the same amount of dollars chasing those goods the dollar strengthened and everyone wins.
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i get a little tired of Max always kissing Mish's ass.
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alex jones is hard to listen to.. he's right everyone else is wrong.. he has all the answers.. I wish he would let his guests talk...
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and that sir is where we have a probelm with our fiat debt created dollar....in order for you to make a buck.. I have to lose a buck.. not a good thing..
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how do i lose 30% if i sell gold?
maybe in Your State..
in My state there is not tax for either buying or selling (as long as you sell less then 10K worth of gold..
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peace homie
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Nobody wants to take that road, but we're being herded down it. Regional & local control will always be the best route to REAL solutions.
You're bull's-eye on target with ending (JD Rockefeller inspired) corporate artificial-person-hood! That alone would lead to organic solutions to 90% of societies woes.
But I think you're off-target with single payer HC. Except for catastrophic HC insurance, if we eliminated the HC insurance scam totally, then we could make HC out-of-pocket affordable again.
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I'm not ready to walk down the Alex Jones Road yet.
I think states and regions will be forced to take over and come up with some creative ideas.
A lot of this could be solved by doing a few thing.
End corporate personhood
tax the wealthy at 98%
invest in education and renewable
and bring back our morals by enacting single payer health care
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Pretty grim scenario, but accurate. As Rahm "nine-and-a-half" Emanuel put it: never let a good crisis go to waste. Sure, they'll use this to impose a unified global currency on us; but not before they soften the people up and bring 'em to their knees first. Then the people will have to "go for it"---in fact they'll be BEGGING for it. It'll also serve as a convenient excuse for them to declare Martial law and violate posse comitatus.
Hegelian dialectic ad nauseum.
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I'm torn - I can't imagine that happening especially, in the cities - you're going to have to feed and house most people if it comes to collapse. people don't know how to survive. there will be lawlessness and a lot more cops - like NOLA - people won't go for that - gov will have to issue a currency and create jobs & taxing the crap out of the rich - there no way around it - just too many people to manage differently - imagine every medium to large city in the US looking like Detroit?
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when all politicians are owned by big banks what else do you expect????
redline1189 2 years ago 9
US is a debtor nation. Japan is a creditor nation.
US has huge trade deficits. Japan has huge trade surplussed.
US has a import/consumption based economy (70% + of GNP). Japan has a production/export based economy.
US people has no savings. Japanese people have huge savings.
US goverment debt is to a very large degree owned by foreigners. Japan government debt is to 100% owned by Japanese citizens.
The result will be the opposite.
kricke243 2 years ago 6