Fair, my point is essentially after de=dollarizing, it's zimbabwe time. Timing the collapse of the dollar to try to turn your money into hard assets is the tricky part.
The only thing keeping the US from that outcome is that we're currently the worlds reserve currency. The pace that the world is de-dollarizing (look at good pricing, BRICs, petrodollar talks) should give some hint as to what the rest of the world thinks the future of the dollar looks like.
Yes, Fortune calls the US insolvent after examining the treasury data that was most recently released. Not identifying itself as an opinion piece is a major reason why no one trusts the media (outside of their ownership).
The official inflation numbers are a lie for sure, but the profits mcdonalds was raking in by outpacing their own increasing costs was just greed.
I'd be surprised if both of those estimates aren't off, since the price of fast food has outpaced inflation by a good bit. And I'm guessing the 100T number is based on no recessions before 2045. Based on the 1990s and forward boom bust cycle I'd be astonished if true.
The gov't never intends to pay that back. When it gets bad enough that their credibility is hamstrung by the international community. They'll either print, collapse, or do a 'work out' deal which banks do today - where it's 'what can you pay, and for how long to recoup some of our losses.'
Please note that I lost my login to my other account which was Xicsess.
I mean, the nazis were socialists and hitler was a vegetarian. White people can do better.
no, I did make a new account though because the previous was banned from pretty much everything except consume product. Previous account Xicsess, and we've certainly chatted in the past. Hope the JIDF cafeteria is serving your favorite food today.
I mean he's not wrong, and this isn't a conspiracy.
I like Ron Paul, but nothing up to this point has been reasonable. I doubt a currency collapse will be.