Post Tagged with: "Great Depression II"

December 10, 2013 08:14

Government’s Giant Ponzi Scheme – You’re the Sucker

Government has evolved into a Ponzi scheme dependent on two strategies. The first is spending ever more of other people’s money on themselves and toward their re-elections. The second is pretending what they do has no cost — to the productive, to the economy, etc.

June 30, 2013 11:12

Smoke And Mirrors Running Out — Depression to Follow

The government is in what is known as a debt death spiral. They must borrow money to repay prior debts. It is as if they are using their Visa Card to make an American Express payment. The rate of new debt additions dwarf any rate of growth the economy can possibly achieve. The end is certain, only its timing is unknown.

May 15, 2012 07:43

Sex, Money and Largesse – The Hidden Depression

[T]here is a hidden economic depression running along the underbelly of the country. … The government may say this is not the 1930’s where bread lines formed outside the corner soup kitchen, however, for many American’s the only difference is that they are found at the mailbox and online instead. – Streettalklive

December 5, 2011 09:35

The Entitlement Frankenstein

A mighty storm is coming. Economic conditions will likely be similar to the Great Depression. Social conditions will be worse. Thank your political class for both, but especially for creating the idea of false “rights.” These “rights,” when they can no longer be provided by government, will be obtained by the have-nots directly. Many will take to the streets to plunder the haves for what is “rightly theirs.”