File: Global_Economic_Collapse.swf-(8.12 MB, 400x224, Loop)
[_] Anonymous 06/19/13(Wed)20:50 No.2009250
Marked for deletion (old).
>> [_] Anonymous 06/19/13(Wed)20:57 No.2009254
oh look some faggot with a high school level understanding of global economics made a flash.
waste of time, so stupid it physically injured me.
>> [_] Anonymous 06/19/13(Wed)21:01 No.2009259
tl:dr
'Murika fuck yeah
but really anyone who know ANYTHING about history or economics knows that a recession hits every
now and then, and is unavoidable.
>> [_] Anonymous 06/19/13(Wed)21:05 No.2009262
>implying that you can't cut spending at all
>> [_] Anonymous 06/19/13(Wed)21:05 No.2009263
Haven't watched it, but from the title alone, I'm guessing it's Zeitgeistfag again. Am I right?
>> [_] Anonymous 06/19/13(Wed)21:15 No.2009273
Education...it's a good thing.
>> [_] Anonymous 06/19/13(Wed)21:43 No.2009292
>>2009264
wrong. F.A. Hayek would like a word with you
>> [_] Anonymous 06/19/13(Wed)21:50 No.2009296
The reality is that this will happen ONLY when those who have debt with the USA, have bonds, will
not accept US dollars as payment. As the US is one of the only countries in the world that can
pay it's debt in it's own currency (US dollars) rather then the equivalent value in local
currencies (Euro, Yen, Dong) the US can barrow money infinitely.
This is called being the Reserve Currency. Every nation in the world keeps a reserve of US
dollars, and accepts them as currency. The reason for this is because major commodities like Oil,
are traded exclusively in US dollars.
Were a major Commodity be changed to another currency, such as the Euro rather then the Dollar,
then the US dollar would lose it's reason for being THE reserve currency. Then the house of cards
falls. Not before.
>> [_] Anonymous 06/19/13(Wed)22:07 No.2009307
This thing doesn't even take into account the influence Dethklok has over the economy.
>> [_] Anonymous 06/19/13(Wed)22:16 No.2009317
>>2009250
learnt this shit in highschool, when the kaizer ran germany
>> [_] Anonymous 06/19/13(Wed)22:16 No.2009318
>>2009250
That's when the world is going to end
>> [_] Anonymous 06/19/13(Wed)22:17 No.2009319
tldw We're all fucked
>> [_] Anonymous 06/19/13(Wed)22:37 No.2009343
yea well im pissed i didnt learn this in highschool, and i was one of the top tier students. i
didnt learn how the economy works, how stock market works, i realised this i ncollege and had to
go look it all up myself. worthless schooling. woulda been better to teach myself i bet from books
>> [_] Anonymous 06/19/13(Wed)22:47 No.2009351
Government A owes government B money
Government B owes government C money
Government C owes government A money
If A stops paying its bills, B can't pay its bills and C can't pay its bills. This doesn't make
any sense, because if every government stops paying its bills, then they gain the income back
from their bill payments, and net zero (assuming the payment to income ratio is the same) for all
countries.
This would only affect countries that have huge payment incomes and very little debts (China),
and affect the USA very little, because we gain so much back from not paying bills.
What the fuck is China going to do? Invade us and foreclose on the whole country?
>> [_] Anonymous 06/19/13(Wed)22:48 No.2009353
The best thing you can do for yourself is learn to grow food and hunt at this point. Then even if
this does happen to resolve itself, you'll still be able to have tasty venison and home grown
fruits and vegetables.
>> [_] Anonymous 06/19/13(Wed)22:50 No.2009355
>>2009263
no
>> [_] Anonymous 06/19/13(Wed)23:00 No.2009362
>>2009353
This guy knows what's up
>> [_] Anonymous 06/19/13(Wed)23:11 No.2009378
/pol/ on /f/
>>2009353
Also, you deserve a Nobel Prize.
>> [_] Anonymous 06/19/13(Wed)23:13 No.2009379
>>2009353
lol doomsday preppers
>> [_] Anonymous 06/19/13(Wed)23:19 No.2009385
>>2009263
It might be a thinly veiled zootgoost flash. it has the same faggy feel to it
>> [_] Anonymous 06/19/13(Wed)23:32 No.2009403
>>2009307
I leld
>> [_] Anonymous 06/19/13(Wed)23:35 No.2009407
This thread is full of ignorant children
"mehmehmeh government is terrible and I dont want to listen to the truth!!"
You guys are the reason we are getting deeper. Educate yourself damn it, PLEASE.
>>2009353
And you shut up. The best thing you can do is learn off past situations similar to this, and
learn to live on less money.
>> [_] Anonymous 06/19/13(Wed)23:42 No.2009418
>>2009407
more importantly try not to carry debt particularly on your home, try to buy land outright then
join the tinyhouse movement
and yes legally any with a mortgage is this>>>>What the fuck is China going to do? Invade us and
foreclose on the whole country?
>> [_] Anonymous 06/20/13(Thu)00:03 No.2009425
go ahaed and try china make our day its not like we have highly skilled military and other assets
that are valuble to you
>> [_] Anonymous 06/20/13(Thu)00:21 No.2009434
14 trillion.... Ah, the good days!
>> [_] Anonymous 06/20/13(Thu)00:37 No.2009446
>>2009351
I would love to see those chinks try to invade us.
>> [_] Anonymous 06/20/13(Thu)01:00 No.2009461
>>2009262
QFMFT
I hate this "we can't cut spending" BS. Their are billions we give out in aid every year. Not to
mention the even larger amount we waste on useless shit at home.
I have a friend from Canada who had a book that was pulled and black listed by the Canadian
government decades ago. The book was called "A Matter of Spending" and basically showed exactly
where everything in the Canadian budget went along with notes by the author talking about how
many projects only existed to line people's pockets. The author had a line at the end of the book
"Stop laughing Americans, we are only 10% of your population and I know your government does the
same thing." It's Impossible to find this book anymore, almost every copy was destroyed by the
Canadian government. My friend's copy was lost in a flood.
>> [_] Anonymous 06/20/13(Thu)01:05 No.2009464
U.S national deficit is falling faster than it ever has since the last century, thanks to revenue
now being generated by the recovered economy, it will be completely paid off in the next decade
or so at this rate.
also, this debt is what back US currency, so when the debt is paid off the US currency would also
be kinda worthless. (more accurately it will ether be a personal IOU or counterfeit)
second even though we now pull in more money that we spend, the US STILL spends more on defense
than the next 11 countries combined. we could have made huge cuts defense and STILL be spending
more no it than any other country, and have solved the former debt crisis.
but no, everybody hates the poor so we can't do something productive, like talk about realistic
issues.