justin_o_guy2
Serious Thumper
Offline
What happened?
Posts: 55279
East Texas, 1/2 dallas/la.
|
Individuals, cities, states, even nations , CAN go bankrupt. We ARE, if an honest accounting were done, I believe that we are bankrupt. Admittedly, $18,000,000,000,000.00, and that number just keeps growing. That's not including the unfunded liabilities, and don't even start with the most insane investment vehicle of all time, the Derivative. When that pile unwinds there is gonna be an economic disaster. What countries aren't in debt? If EVERYONE is in debt, then to whom?
I owe Row fifty Row owes Versy fifty Versy owes me fifty
OR Is there a cartel to whom everyone is in debt? How is it that everyone is in debt? I Mean Nation, not individual. Ohh, look, Libya wasn't. I know most of you think I'm a crackpot. Maybe I am. Everyone believes that their opinions are based on solo reasoning. I've been watching things for 48 years, and no matter WHO gets elected, America continues to go downhill. But, even when I explain why, it's laughed at. How can anyone believe it's all just a long, sad series of mistakes? IF it's just ineptitude, then the Law of Averages says once in a while they DO something that DOESN'T screw us. Oopsies, we didn't know what the American people wanted. Oopsies, we couldn't see NAFTA was gonna suck. Who woulda guessed that wrecking other countries would make people mad? And what about the recent / ongoing military targets?
|