- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: China is currently not an economic threat and is imploding internally.
Posted on 3/20/24 at 8:39 am to Earnest_P
Posted on 3/20/24 at 8:39 am to Earnest_P
quote:
I’m beginning to think being American means sacrificing everything at the altar of GDP.
Its an economy built on constant growth, debt and wealth.
Those who dont make enough to build wealth are fricked. The economy is booming for the top 40%, not anyone else.
The halcyon days people refer to were days when people used cash. Today your wealth is king, not your income.
This post was edited on 3/20/24 at 8:42 am
1
Posted on 3/20/24 at 8:49 am to RogerTheShrubber
quote:
Its an economy built on constant growth, debt and wealth.
There was a brilliant, crazy alt media guy in the early 2000's who said this:
quote:
The US economy, driven by a fiat currency, fractional reserve banking, debt-based financing –- and “doped” with the billions of dollars of drug profits laundered through its corporations and banks –- is a superheated pyramid scheme of infinite growth wherein 5% of the world’s population consumes 25% of the world’s energy and a totally disproportionate share of the world’s diminishing resources and commodities.
I don't know what the answer is when we can't keep building out and furnishing suburbia. Maybe the Mises guys know the way.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News