Deflation is already here, save for the impoverished sots who see “food” as a bigger expense than “homes.”
...and the danger to the world economy is the marriage of vast debt and regulations, both of which slow prosperity.
posted on 05/19/2012 3:43:37 AM PDT
(Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
Debts have to be liquidated, but financial world will fight it to the last penny. We are screwed. Then there is Israeli's bombing of Iran, which may cut short this insanity. We will see. Israel(or Netanyahu and Barak) would take the blame for cutting short the slow march to death.
We have fall guys ready in case money lords run out of options. Wild card is China and N. Korea. These two countries are competing with Israel for the fall guy spot. I won't be surprised if Kim Jong-eun would volunteer for the role.
posted on 05/19/2012 3:50:15 AM PDT
(The way to crush the bourgeois is to grind them between the millstones of taxation and inflation)
” .and the danger to the world economy is the marriage of vast debt and regulations, “
posted on 05/19/2012 12:10:46 PM PDT
(God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson