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  1. #1
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    China commits to 1.2 trillion in imports from the US

    And he just keeps on working for the USA. And the American people...Here's the story.
    https://www.reuters.com/article/us-u...-idUSKBN1O201A

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  3. #2
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    And.... it got buried... the MSM is more interested in the fake Buzzfeed story and the drum banging injun.....
    "One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors". Plato .

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  5. #3
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    Sell the Hilldabeast for$2 and throw in some dems .... just to be FAIR....

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    The Trump card is holding investment portfolios for literally everyone in US based funds. Basically the entire global economy as we know it was constructed by Western civilization so this places China and everyone else in a good for the goose scenario. The core problem we face is current Dem/Liberal minds concepts of what an economy is and how it functions. They cannot seem to rationalize the difference between and economy of generation vs an economy of debt. The banks and their clever accounting stunts that present debt as credits have them totally hooked on idiocracy.

    We MUST somehow educate the entire left leaning base on the virtues of sound economic policy and the benefits of a fundamentally sound financials built upon black ink goals. You get MORE done with black ink than you can ever possibly get done with red. Wake up yourselves already
    1988 Hydrostream Valero V, 135 Mariner soon to be XR2
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  8. #5
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    Quote Originally Posted by LakeFever View Post
    The Trump card is holding investment portfolios for literally everyone in US based funds. Basically the entire global economy as we know it was constructed by Western civilization so this places China and everyone else in a good for the goose scenario. The core problem we face is current Dem/Liberal minds concepts of what an economy is and how it functions. They cannot seem to rationalize the difference between and economy of generation vs an economy of debt. The banks and their clever accounting stunts that present debt as credits have them totally hooked on idiocracy.

    We MUST somehow educate the entire left leaning base on the virtues of sound economic policy and the benefits of a fundamentally sound financials built upon black ink goals. You get MORE done with black ink than you can ever possibly get done with red. Wake up yourselves already
    Very true, bring back Ross Perot
    Remind me how much debt the world has added since 2008 crash, imagine if a drunken sailor could just keep printing money like governments do?
    Govenment keeps getting bigger and more expensive, the worst run business on the planet in 99% of countries.
    Nobody wants to talk about future debt obligations of western countries either, they just fool themselves that there will be growth and inflation forever to make the future financial issues go away.
    Simple sums, 30% of your population is in school, 30% is working, 30% retired, which is a reflection of baby boomers and longer life
    you only work for 30% of your life these days, where did the money come from to pay for the other 60% of the time?
    Last edited by powerabout; 01-26-2019 at 08:16 PM.

  9. #6
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    Take away peoples credit cards and watch debt almost go away completely from the population. The personal debt thing got out of control in the 80's with credit cards becoming common. Govt. debt is driven by obsessive overreach in every facet of our being a "modern" society. Cut all the bs programs and spend like we have a limit and real budget. No debt....

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  11. #7
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    Certainly a cash only economy would solve the obvious problem of money>time but it would present a new and major trade paradigm where we would look at the current credit trade model as a river, and the removal of credit use like concrete powder. The more credit we remove from the individual the more solid the river becomes and we simply cannot brick up the entire economy to solve a single critical issue. While I definitely agree the entire economic crisis we currently face revolves around debt, the solution required is not a sudden change in operations; The solution is a redirection of concept through functions that reformat our operating credits into operating value applied over time. What I mean by that is in order to lead the economy into a value position we need a structure to build that into our current model so as not to completely disrupt current functions. Over a long enough time period this is in fact quite simple and no matter how hard a political spin or bank terminology tries to make this all seem "very, very complex" it is actually VERY simple if two key principles are evoked;

    1. Policy
    2. Time

    Then all we need to agree on is when we wish to see value return? As with anything this can be done VERY rapidly as Xstream mentions this could happen literally overnight by simply ending credit, or this could happen over 30 or 40 years with minimal disruption to our current lifestyles. The only trouble with this model is selling the idea to the current crop of people who have by and large mostly given up on believing in ourselves, and our capabilities to good outcomes. To dig deeper into this you can see how clearly this broadcasts by peoples endless screaming for good concepts; climate, environment, poverty, health care etc etc etc with one brutal twist; Seldom to people apply these same efforts pushed upon others, to themselves.

    This is a responsibility crisis and also why debt is such a massive problem at the moment because debt serves an immediate result, against present responsibility for a GREATER responsibility at some point in the future. This also fuels the most debt laden to pressure any possible political outcome that sounds as if they can force someone else to "pay the tab"

    Desperation is the result, and the drama we witness on the daily news feeds is how this is all playing out.


    To all that I can only say with CERTAINTY that this is all very easily solved with commitment to solving debt, over time. Basically instead of global alcoholism/drug addiction we are ALL facing global debt addiction. The first step to solving an addiction, is awareness. Lets start there
    1988 Hydrostream Valero V, 135 Mariner soon to be XR2
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  12. #8
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    one issue is to expand the size of your economy you need to grow the feds balance sheet, that why the banks buy notes from the Fed as they are then in the business of fractional reserve lending which creates money from thin air.
    US fed is owned by USA retail banks for a reason.
    Same happens in most countries less the gov owns their own reserve banks in 99% of the world

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    FRB is a concept of limiting inflation on notes vs realizing economic output. While the FED is often blamed for creating and propagating these debt issues they are no more to blame than any politician who favors deficit policy. I see blaming the central banks like blaming skin for getting sunburns because someone WILLINGLY CHOSE to sit out in the sun and got burned and wants to point the finger at something to feel better about themselves. Meanwhile the sunburn doesnt change and with enough exposure along comes skin cancer which isn't the skins fault, or the suns fault, its the result of bad choices OVER TIME that led to it.

    Same thing here its all about now vs later and this terrible concept of short sightedness that creates desperation and the measures that come with it. What I find even more perplexing is wealth creation is also relatively easy, it takes time is all.

    Anyways whats lacking is leadership and I suspect the only way we are ever going to get anywhere positive is with GLOBAL participation in debt reform on a national level assembly. We need to embrace global investment strategies nation to nation based on debt to GDP ratio and work simple long term solutions into the framework. It aint hard to do, its hard to get people to admit is all

    again, awareness is key.
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