Thread: No longer deniable

Originally Posted by Prince

I am seriously considering buying about $50k in gold.

The dollar value of gold is going up because our currency is becoming worth less as the government prints more and more money with out taking any out of circulation and also because the shills on tv and the radio are doing a fine job of encouraging people to buy gold, further driving the price. Gold isn't becoming worth more because it's becoming more scarce.

Invest in bullets, guns, non-perishable foods and toilet paper.

There are other countries that have deficits and debt over 100% of GDP, but that doesn't mean it is sustainable. Look at Greece. The rest of the EU countries are also heading off the same cliff.

Originally Posted by GearsMcGilf

There are other countries that have deficits and debt over 100% of GDP, but that doesn't mean it is sustainable. Look at Greece. The rest of the EU countries are also heading off the same cliff.

de-regulation of industries along with the shift form public ownership to private is the direct cause of the decline in GDP that is seen across just about all highly advanced OECD countries since 1980. the shift form high employment being of major importance to that of profits was pretty much the beginning of the end. the only countries that still have high and/or rising GDP's are the ones with the highest percentages of GDP going to social protections and taxes.

nothing gets better for the country when the GDP pie "shrinks" along with the slice of national income that goes to labor.

Originally Posted by Zaphod

Invest in bullets, guns, non-perishable foods and toilet paper.

Originally Posted by LAM

de-regulation of industries along with the shift form public ownership to private is the direct cause of the decline in GDP that is seen across just about all highly advanced OECD countries since 1980. the shift form high employment being of major importance to that of profits was pretty much the beginning of the end. the only countries that still have high and/or rising GDP's are the ones with the highest percentages of GDP going to social protections and taxes.

nothing gets better for the country when the GDP pie "shrinks" along with the slice of national income that goes to labor.

Well, the private sector has always, historically done a better job of managing any industry than govt. Private management, coupled with good common sense regulation, seems to be the best solution. Just look at the VA if you need an example close to home. The private sector can certainly fuck up, when not properly regulated, as can the govt. Fannie Mae and Freddie Mac are also good examples of that.

Capitalism with more ethic and less greed might be a good idea.

Originally Posted by Chubby

Capitalism with more ethic and less greed might be a good idea.

How dare you! Capitalism and profit are evil. Only your govt knows what is best for you. Without the brilliant leadership of our elected leaders, this country wouldn't be where it is now.