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To: Gen-X-Dad

You beat me to it, I gave a link.

Curves associated with the economy going exponential should scare the crap out of anyone with a clue. Unfortunately, the masses are effectively innumerate.

Singularities are likely to really suck.


15 posted on 06/24/2014 11:22:32 AM PDT by FreedomPoster (Islam delenda est)
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To: FreedomPoster

It’s amazing that highly intelligent people can convince themselves that they are immune to a concept so simple that it is taught in junior high math. Exponential curves tied to debt lead to the end of an economic system. Nation states are now doubling down because the private sector couldn’t cover the bet. The next round of doubling down will be the final round as the derivative market is 10 to 15 times larger than the world GDP. Heck, JP Morgan is sitting on over 200 trillion dollars of derivatives which is 3 times larger than the world GDP. We are way past the Rubicon and we will see this sucker go down in our lifetimes.


16 posted on 06/24/2014 11:37:56 AM PDT by Gen-X-Dad
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