New "financial rules"

[JHZR2]

Originally Posted By: Kestas
Not sarcastic at all. After WWI, Germany was in debt to many nations. Printing money and using hyperinflation of the mark was actually a tool used in their plan of paying off their debt as quickly as possible. Once the world was off their back, they could ramp up for Round 2 in their quest for world domination.

Maybe we're following the same plan with our debt to China??


I think we did this after Vietnam too???

 

[Primus]

Originally Posted By: Kestas
After WWI, Germany was in debt to many nations. Printing money and using hyperinflation of the mark was actually a tool used in their plan of paying off their debt as quickly as possible.


During Weimar Republic it did not help and we know how it was finished. Seems that in actual situation it's better to reload the system, type "everything I owe to you, I forgive you". Naturally, not nice, but a short-lived burning of shame is better than a long painful dying. Besides, the US is not alone. And what's the most surprising in the list is Norway which has managed to become one of the biggest debtors from a net donor within a couple of years only. Looks like everybody is preparing for a "reload". Obviously, "our Bilderberg brothers" are working on it.

 

[Tempest]

Thanks for posting that. It explains how they pay for socialism and much as to what our government is doing now.

"Hey look at those guys across the pond spend all of the money they don't have! It's my turn now! It's my turn now!"

 

[JHZR2]

My issue is that we are a debtor and a donor at the same time. Cut it all off. Dont give anything, even charity to anyone.

When you're in debt, you pay it off... you don't go to the mall. Only essential functions to maintain the status quo. Im sorry that folks in other countries may not get the benefit of our freebies, but that is how it is.

 

[eljefino]

^ There was a commentary somewhere (here?) that most of what the IMF spends goes to stateside contractors and engineers.

We'll "give" Brazil a dam or whatever, and hire locals to mix concrete, but all the profit goes to US engineers who oversee the thing. Then they're in debt to us.

 

[Win]

The financial "industry" failure hasn't adversely affected me, but after what it has done to so many individuals and corporations I could care less if it is regulated so tightly that triplicate forms are required of it to break change for a dollar.

Feeling sorry for them at this point is about like feeling sorry for the Menendez brothers because they're orphans.

 

[Pablo]

Originally Posted By: Win
The financial "industry" failure hasn't adversely affected me, but after what it has done to so many individuals and corporations I could care less if it is regulated so tightly that triplicate forms are required of it to break change for a dollar.

Feeling sorry for them at this point is about like feeling sorry for the Menendez brothers because they're orphans.


I think you would care, but yeah no feeling sorry for "them".