Metal Asteroid Hurtling Through Space Could Wipe Out...U.S. Debt! Youtube Link
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Get a very big magnet
This changes EVERYTHING!
I don’t know why I didn’t realize it the first time
President Trump announced space force,
He’s going for it BIG TIME.
Could this be the reason he decided to
become president?
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At least one company is already pitching a plan for a Von Braun Gateway Station ................... Errrrr, I think it will have to be renamed due to the offensive name associated with that guy with the small mustache? No!! Not space Station #88, which I am sure will be brought up. LOL!!
Psyche has a fairly pure iron–nickel composition
— Wikipedia
Que the bottom falling out of the steel market for generations to come.
It’s going to hit the treasury Record’s office!!!
People that say things like this always puzzle me. Is he unfamiliar with the law of supply and demand?
The reason the price of gold is high is because the supply is low relative to demand. Does he seriously think you could dump a quadrillion tons of gold into the market at $300 / ounce?
That much supply would hugely increase supply and accordingly crash the price.
In space it’s easy to make metal foam. The stuff could be dropped into the ocean from space. It would float waiting for pickup.
What would be the effect on the world if the USA just declared that all its debts,financial credit obligations and promissory notes were INVALID? We no longer recognize any past national indebtedness. That tomorrow we are starting over from ZERO. The whole world is running on Fiat currency anyway. I am open to serious informative discussion.
Any new source of revenue causes politicians to immediately propose spending three times its estimated value.
The law of supply and demand says the price goes down when the supply goes up.
“Metal Asteroid Hurtling Through Space Could Wipe Out...U.S. Debt!”
That’s assumes we can get to it before the Russians or the Chinese.
“Only Members have access to this content.” I’m not a member. Thus the link is useless. The only information I have is what’s posted here, and that is useless.
No. Getting to it is costly. Getting it to land on Earth without destroying itself or Earth is not going to happen.
It is worth only what someone will pay for it.
It is not going to wipe out the national debt. Complete nonsense. 10,000 quadrillion is 10 quintillion.
I assume the damned thing is full of gold. If so, and it were (it isn’t) possible to get ahold of it easily, then gold would become commonplace, and no one would want to pay a cent for this hunk of rock/metal.
I went to a more reliable site. This thing is as big as Massachusetts. No word on whether that means flat surface area or what. No certainty on whether it contains gold or platinum.
Another site says it might be worth up to $700 quintillion. Another fool writing about what he knows nothing about.
So this useless posting is based on pure speculation.
Instead of mining it in space shouldn’t we just redirect it to San Francisco or Portland and mine it there?
Mining asteroids has nothing to do with Trump’s interest in space. The country rules space militarily will rule the world in the future. As with everything else, if we don’t take first position, another country will.
$10,000 quadrillion. Something tells me that that kind of supply hitting the market would tend to lower prices dramatically.
Hi.
What kind of metal? Iron, uranium, gold. ?
Thanks
5.56mm
Bullcrap. If the meteor is worth 10,000 quadrillion, Fedzilla would simple spend 13,000 quadrillion and we would be in debt even more.
It’s like a habitually broke relative winning 250k on a lotto ticket. In 6 months they will be broke again and even deeper in debt.
You know it’s true.
Sorry I had to post and run.
The link to the YouTube in the
First post has the video with
all the details.
I’m heading back out will post again
later tonight.
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