Quote:
Originally Posted by wig
The US$ Index is still above where it was when GWB left office in 2008. The world is loaning the US Gov't money into the future at historically low interest rates.
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yes, now ask yourself why the hell anyone would be lending us at historical lows, it's all artificial to maintain the status quo, shit is gonna bad when they run out of excuses and smoke and mirror stat manipulation.
Unemployment is about 20% now, that 9.8% or whatever is only counting those on unemployment benefits, not those who are no longer qualified or never collected in the first place.
Our economy is based on sheep spending throwing thousands on credit cards they don't have. When people start doing the right thing, cutting back on spending things they don't need and saving money... the correct behavior under any definition of responsible personal finance, the economy goes into a depression.. does that sound right? Either people spend money they can't afford or we go into a depression. If you save money you will kill the economy. Ridiculous!
Remove the vail or smoke and mirrors of debt from all the statistics and the economy is 20% smaller than it really is. Alot of the money appeared out of thin area to be lent to different parties over and over and back and forth.
back to the porn, enough ranting lol