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50 Statistics About The U.S. Economy That Are Almost Too Crazy To Believe

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posted on Jun, 4 2010 @ 04:22 PM
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Originally posted by serbsta

The scariest points are numbers 3...


I think that #3 is probably some of the best news in this whole mess.

Think about it- the former us of a is in these problems due to expectations without awareness of responsibility. Living high on today's credit to manacle one's grandchildren to pay for it.

The real and only true way to cease this problem is to... well... cease funding it! Those Gen Y kids get a big hat tip from me. Maybe they realize that the Boomers are going on trips, drinking wine and attending the Stone's concert on their bill, maybe they don't realize it. Who can fault them for not paying their bills when every example they have seen is to pass off the bill to as-yet unborn slaves.

We all should look into the wisdom of these Gen Y folks, and the freedom and liberty Jose has over Joe. When finally the productive join the ranks in Galt's Gulch, what will the looters do? S T A R V E.




posted on Jun, 4 2010 @ 04:30 PM
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reply to post by sakokrap
 


Cutting up the credit card and paying cash would do alot of people alot of good. I saw my father do that to my mother back in the 80's. Taught her a lesson as well as myself. My wife and I pay for everything in Cash, if we can't afford it we don't buy it, and guess what DEBT FREE!!



posted on Jun, 4 2010 @ 04:31 PM
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Isn't it amazing that America can build more than it can buy.

Workers create value. The value of the money they're paid is less than the value of the products they produce.

So who gets the rest of that value?

Banks.

Did they work to create anything? No.

There's a giant parasite feeding on the economy, which gains its power over the threat to kill the host if the host tries not to feed it.

Tapeworms, ticks, and leeches...



"Then I say, the earth belongs to each of these generations during its course, fully and in its own right. The second generation receives it clear of the debts and incumbrances of the first, the third of the second, and so on. For if the first could charge it with a debt, then the earth would belong to the dead and not to the living generation. Then, no generation can contract debts greater than may be paid during the course of its own existence."

-Thomas Jefferson to James Madison, 1789



[edit on 4-6-2010 by 30_seconds]



posted on Jun, 4 2010 @ 05:08 PM
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The UK Goverment over inflates its GDP and under rates inflation and as an example new computers are deemed to be close to zero when it comes to inflation because they argue new computers offer more performance but when it comes to GDP they forget that argument.

So far as the IMF are concerned we are cattle and goverments are farmers so the more cattle the farmer says he has and the more milk he can produce is used as collateral at the IMF but it's breaking down now and the IMF wants to directly tax indivaduals so welcome to the amero and your own personal carbon tax credits that will be based on your spending habits because the amero will be 100% digital.

Yes the casino will take the shirt off your back as deposit.


Originally posted by belidged
Part one: The banks require deposits to perpetuate the cycle. If you hide your money under your mattress for example you cut off the banks ability to keep running their scam. This will cut the banks off from the money supply, and make the system bleed out until sound money is restored.


I'm realy sorry about this and it's nice to see you are at least aware of the problom but the banks don't need one dime of your money to lend money out else they would be offering you a better return on savings.

Money is borrowed into exsistance and whislt people talk about fractual reserve banking lending out your money ten times over the reality is nothing like that and the FED and fort knocks is not audited.

it's a game of poker where the house always wins so you pay interest on money created from thin air as they lend you digits on a computer and if you can not make payment then they get to keep any physical colatrol you own but the double six is the interest they charge you because to pay that you need growth and growth consumes energy and because energy is limited then one day the game will come to an end.

Zionists know this is coming, it's been planned and will offer you the amero at 50c on the $.


[edit on 4-6-2010 by LieBuster]



posted on Jun, 4 2010 @ 05:19 PM
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reply to post by LieBuster
 






I'm really sorry about this and it's nice to see you are at least aware of the problem but the banks don't need one dime of your money to lend money out else they would be offering you a better return on savings.

Money is borrowed into existence and whislt people talk about fractual reserve banking lending out your money ten times over the reality is nothing like that and the FED and fort knocks is not audited.


Banks borrow fresh new money from the Federal Reserve at ultra low interest....like 0-0.2%, They then loan that money to you at lets say 4-33% depending on how well their loan to you is secured! they just skim off the top passing part of your monthly payment off to the fed!

Someone else that gets it! A star for you!

See my other post on page 2.




[edit on 4-6-2010 by Niccawhois]



posted on Jun, 4 2010 @ 05:42 PM
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Really, really nice post - one of the best I've seen in a very long time.



posted on Jun, 4 2010 @ 05:50 PM
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Cool with all of these big numbers I guess I will never die!!!
On the other hand, the peasants will only take so much before they find a way out of their situation.



posted on Jun, 4 2010 @ 05:54 PM
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This is by far one of the scariest, and yet most informative posts Ive seen thus far on ATS. I did read an article by both Bob Chapmann and Richard Russell, nobel prize winners, the article suggested what we are seeing and living today. They speculated on the outcome..scary thing is, the article was written months ago!
Im 35 years old, and based on the older generations I've spoken to, I just dont think we're gonna make it outta this one gang?

I think the days of doom and gloom we saw in the movies is actually upon us!

Questions isnt if its gonna happen, but when?

I can only hope those of us on ATS, are capable of surviving whats to come....good luck all, we're gonna need it!



posted on Jun, 4 2010 @ 06:51 PM
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Send all the illegals packing, and the job market would open up.

This would force employers to hire people and pay them a decent wage.

It would also drive down housing prices.

The rich would lose and the middle class would gain.

That is what happened to wages and jobs. The market was flooded with cheap illegal immigration.



posted on Jun, 4 2010 @ 06:54 PM
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why dont they just like print some more money for like the heconomy and stuff cos everybody is poor like



posted on Jun, 4 2010 @ 07:02 PM
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[edit on 4-6-2010 by stmichael]



posted on Jun, 4 2010 @ 07:08 PM
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but if i spend the credit the banks issue me, ( which should be considered counterfieting, which is illeagal and should be considered treason as domestic terrorism due to the ecomoic destruction that is happening) then that will stimulate the economy,...


but wait if we're in debt, and the money isn't real, and credit is based on fake money which isn't backed by anything exept a signature... but banks can loan "money"...


danm my brain just took a sh!t in the back of my skulll, the dollar is worthless, its only worth is the signatures that are printed just below the covered up seal of the US treasury (usually by that federal reserve note amount) and the signature beneth the seal of the federal reserve...

but wait hold on... the treasury does still have the right to coin the US's money right, and so do the states... so why hasn't this problem been corrected???


I think the anwser lies in good ol' american laziness... and IGNORANCE



posted on Jun, 4 2010 @ 07:34 PM
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reply to post by 30_seconds
 





"Then I say, the earth belongs to each of these generations during its course, fully and in its own right. The second generation receives it clear of the debts and incumbrances of the first, the third of the second, and so on. For if the first could charge it with a debt, then the earth would belong to the dead and not to the living generation. Then, no generation can contract debts greater than may be paid during the course of its own existence." -Thomas Jefferson to James Madison, 1789



So according to that philosophy could we say OK we default on all debt.

What political body could ever do the unthinkable, wipe out the fed and default on the debt and hit the restart button, and go to a new flat tax system with a lower rate but no loophole deductions. Let's say 5% for everybody federal and state combined, this would also include corporations, especially the banks. The 1% percent that are making millions can pay back in kind.



posted on Jun, 4 2010 @ 07:44 PM
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yep, the details....don't worry, it's a battle for our minds, not the world details
keep love in your hearts don't expect a remedy to this breakdown. i read about this in a book back in the 70's. whatever we do in the battle for our country or world, the outcome will be what's written in that book i read back then. did you know you can have a supernatural helper? it's time, too....huh?



posted on Jun, 4 2010 @ 07:48 PM
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So let's do it. Let's reboot. No crying over spilt milk and all that good stuff.

The game only works if we ALL agree that the rules are valid and that money/debt is worth something.

Since it isn't...game over. What are the other countries going to do? Invade? Please!

And while we are at it, new rules. If you were a major player in the previous game (in any way, shape or form), you have to sit this one out, buddy.



posted on Jun, 4 2010 @ 08:02 PM
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Originally posted by alienreality

Originally posted by fordrew
No no no no no! This list is COMPLETELY WRONG.


"#46) Total U.S. government debt is now up to 90 percent of gross domestic product. "

I know for a fact that statistic is wrong. The correct number is around 40% I believe.

"#10) The Dow Jones Industrial Average just experienced the worst May it has seen since 1940."

This is also wrong.



This list is complete bull!@#$.

Someone needs to go lynch the topic creator for posting disinfo.

[edit on 4-6-2010 by fordrew]



No it is not wrong look here :en.wikipedia.org...

As of June 1, 2010, the Total Public Debt Outstanding was approximately 88.9% of GDP


I see he edited out the part about going and killing the poster.

The government and corporations have been caught posting
disinfo and it is openly known now.

I doubt he called for their deaths.

So I am going to say he is mad to see this poster posting this information.

This information may be off a small amount, but most of it is
easily verifiable and accurate.

Your anger reveals your alliances.

"fordrew" is obviously not happy that ppl are exposing how bad
things really are, and not happy that the truth is coming out.



posted on Jun, 4 2010 @ 08:07 PM
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No one in government wants to step up and act with fiscal responsibility.

They all simply want to leave the mess for the next guys and gals.

It really doesn't matter now, soon enough everyone will know the pain of economic collapse.

90% of GDP!

And still borrowing while increasing spending with declining revenues.

And this is happening in a severe recession.

You don't have to have any degree to see where this is heading.




posted on Jun, 4 2010 @ 08:08 PM
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Originally posted by kozmo
There is nothing inherently wrong with having a monetary system that unifies the measure of said human capital, BUT it must be rooted in REAL value, like gold.


Nice try and exposure of the old system, but I'm afraid you're wrong.

Human capital must be rooted in TIME, not in any MATERIAL VALUE.


What does this mean that everyone here will ignore ?

Just that ONE HOUR IS ONE HOUR.

Be you a surgeon or a thief.




Think about it...





[edit on 4-6-2010 by 3210123]



posted on Jun, 4 2010 @ 08:22 PM
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reply to post by belidged
 


You are wrong about point one. The banks cannot be bankrupted by withholding deposits when the Federal government will borrow and tax whatever is necessary to keep them afloat.

All the major banks and most of the smaller banks are already completely insolvent. They are just being allowed to hide it by the Feds mainly by being able to claim property values much higher than reality - because the Feds are praying if they ignore the problem long enough it will go away. This is of course BS. Until the Feds enforce the laws on the books, and let the debt default, the problem is only going to get worse.

If you really want to bring the banks down, and do your part to force a default of the excess debt the better solution is not to pay taxes.

Things are going to get much worse when the debt is defaulted - but it absolutely has to be no matter how painful. It will be horrible, but to have any chance of recovery it is required.



posted on Jun, 4 2010 @ 08:30 PM
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reply to post by TV_Nation
 


The US is controlled by the Illuminati bankers, as we all know

And they are spending money like there is no tomorrow because there is no tomorrow.

They have spent all the leveraged money they can get their wicked hands on trying to avoid their certain doom from incoming corrections associated with 2012. Ha!




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