Posted on 04/23/2015 7:58:50 AM PDT by SeekAndFind
devastating to whom?
Take to the boats,amigos!
The dilution of our currency can continue for many years and will.
It’s part of the plan to avoid a deep depression, which is why we are in a long shallow depression. This will last about 8-10 more years until the demographic situation begins to turn in our favor again. I calculate we will lose about 45% of our collective wealth over this period.
Predicting an “explosion” or a collapse has become a meme, but a false one. The FED can easily continue like this for a very long time.
It’s a stealth, slow-motion devaluation. Not saying I agree with it, just identifying what’s being done.
OH MY GOD!!! Run for the hills. No government officials to protect us from ourselves. Who will treat me with respect at the DMV? Who will make sure my toilet meets FDA standards? Who will ensure the safety of my tortillas? WE’RE ALL DOOMED!!!!!
Sayeth the Puerto Ricans.
The dilution of our currency can continue for many years and will.
It’s part of the plan to avoid a deep depression, which is why we are in a long shallow depression. This will last about 8-10 more years until the demographic situation begins to turn in our favor again. I calculate we will lose about 45% of our collective wealth over this period.
Predicting an “explosion” or a collapse has become a meme, but a false one. The FED can easily continue like this for a very long time.
It’s a stealth, slow-motion devaluation. Not saying I agree with it, just identifying what’s being done.
The dilution of our currency can continue for many years and will.
It’s part of the plan to avoid a deep depression, which is why we are in a long shallow depression. This will last about 8-10 more years until the demographic situation begins to turn in our favor again. I calculate we will lose about 45% of our collective wealth over this period.
Predicting an “explosion” or a collapse has become a meme, but a false one. The FED can easily continue like this for a very long time.
It’s a stealth, slow-motion devaluation. Not saying I agree with it, just identifying what’s being done.
“6 million on US food stamps”
If your oblique reference to 6 million on food stamps is referring to Puerto Rico, you are dead wrong. The population is 3,548,397 and has been dropping since 2000!
I hate people who throw out numbers like this with nothing to back it up.
Sorry about the triple post, don’t know how that happened.
Understood - but the getting away with this for a 'very long time' is 'iffy'. Granted - you have history to back that one up - the Fed has been getting away with this for a very long time; but I don't think it would take to much to pop the balloon.
Don worry. The Anglos on the mainland will come to your rescue with mucho money.
Barring any black swan events or major wars, this is how it will play out.
Does this mean we can’t borrow our way to prosperity? Who would have guessed.
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Someone posted that a citizen in Puerto Rico could be considered Disabled and receive SSI for not being able to speak English. What’s up with that?
The death throes of Socialism are upon us. There are not enough people to pull the wagon.
“They need independence and a return of all Puerto Ricans in the USA to help bolster the economy of this wonderful new nation.”
They are Americans. They can do whatever they want.
Their main industry, like in many areas of the US, is Gov’t Checks. They will never vote themselves independence as long as the Gov’t checks are coming - same as the rest of government-check-cashing America.
This is our Greece, our canary in the coal mine. As the fiscal and government environment grows more toxic, this (after Detroit) may be the first major victim.
1.37 million, I stand corrected.
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