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There is NO Economic Crisis Citizens - America is the most Productive Nation on Earth

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posted on Oct, 12 2011 @ 04:06 PM
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theres a ongoing discussion going right here abot economy in relation to space time :
www.abovetopsecret.com...
not sure about gdp...




posted on Oct, 12 2011 @ 04:10 PM
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reply to post by InformationAccount
 


Oh, dear, dear, either you wanted to make some people here in ATS laugh or are looking for re- election.

Please don't tell me you are President Obama in disguise.


Take a walk on the Market data thread that should enlighten you quite a bit.



posted on Oct, 12 2011 @ 04:24 PM
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Originally posted by brindle

You cant inject paper money into a system to make it work.


Says who?



posted on Oct, 12 2011 @ 05:29 PM
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reply to post by InformationAccount
 


Says history, remember Weimar?



posted on Oct, 12 2011 @ 05:37 PM
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Originally posted by InformationAccount

Originally posted by brindle

You cant inject paper money into a system to make it work.


Says who?
It will work for a very short time,then boom bamm, im an idiot mam,you cant inject money into the system or wham kaboom all falls down .



posted on Oct, 12 2011 @ 05:45 PM
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America produces a lot of money. Thats great. Why work when the Country can just purchase goods from overseas with monopoly money. Dumb ass other countries.



posted on Oct, 12 2011 @ 06:00 PM
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Originally posted by BarmyBilly
reply to post by InformationAccount
 


Says history, remember Weimar?


The Weimar Republic?

What about it?



Although the constitution of 1919 was never officially repealed, the legal measures taken by the Nazi government in February and March 1933, commonly known as Gleichschaltung ("coordination") meant that the government could legislate contrary to the constitution.

The constitution became irrelevant; thus, 1933 is usually seen as the end of the Weimar Republic and the beginning of Hitler's Third Reich.

en.wikipedia.org...


Part of the cause of hyper inflation in Weimar was foriegn powers demanding war reparations. America hasn't lost any of it's recent wars, therefore there is no-one to demand payment.
edit on 12-10-2011 by InformationAccount because: (no reason given)



posted on Oct, 12 2011 @ 06:05 PM
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Ok, since you clearly need a history lesson, let me ask you this.

Do you know what hyperinflation is?



posted on Oct, 12 2011 @ 06:13 PM
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Originally posted by BarmyBilly
Ok, since you clearly need a history lesson, let me ask you this.

Do you know what hyperinflation is?



Do tell






posted on Oct, 12 2011 @ 06:14 PM
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Sure when you make billions of dollars, millions, or hundreds of thousands
i'm sure you do not feel the recession.

Trust me the serfs can feel it, the middle class can feel it.

Numbers mean nothing to a starving man women or family who has lost their home or job
due to the crisis.. FOOD STAMP receivers are at an all time high what about that?
www.foxnews.com...
www.cbn.com...
Yes thank God WE THE PEOPLE pay taxes to cover that, and I do not know anyone
who would appose their tax dollars going to feed people.
I flagged the thread, I understand what your saying also..

Sign of the times? Or not>?
Now do you understand what I AM saying>?
edit on 12-10-2011 by popsmayhem because: (no reason given)



posted on Oct, 12 2011 @ 06:46 PM
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Originally posted by popsmayhem

FOOD STAMP receivers are at an all time high what about that?


It just means that the system is working as designed to help those who need the most help.

We should be applauding the efficiency of the national social system which is helping those who are expieriencing a minor career transition.
edit on 12-10-2011 by InformationAccount because: (no reason given)



posted on Oct, 12 2011 @ 07:58 PM
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I got to say this is pretty good comedy.


OP seriously look at the national debt levels of the US? Granted the US produces a massive GDP of some 14 trillion $$$ but the sovereign debt is approaching 100% of GDP. And as conditions deteriorate so too will GDP shrink while debt issuance increases. Worse though is the growing unemployment levels and if the opposition in government has its way, many of the government subsidized services (such as food stamps) and welfare will be reduced or axed, creating yet further and deeper entrenched poverty levels and social disturbance.



posted on Oct, 12 2011 @ 11:54 PM
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Originally posted by surrealist

Granted the US produces a massive GDP of some 14 trillion $$$ but the sovereign debt is approaching 100% of GDP.

And as conditions deteriorate so too will GDP shrink while debt issuance increases.

Worse though is ...


Oh no nothing is happening here in the US.

Everything is wonderful you must be mistaken about a poor economic climate existing here in the US.
edit on 12-10-2011 by InformationAccount because: (no reason given)



posted on Oct, 13 2011 @ 07:06 AM
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Yes, Governments are looking after our best interests.
They've raised the retirement age here, which is great so we have more years to work before we realise our superannuation has disappeared as it was invested by the Super funds in property trusts. Yep, good investment the Australian Property market; it isn't overpriced.
I think.
The Economist has a different view
Nothing to worry about here, mining is booming.

Just the problem of our Current Account deficit.
www.indexmundi.com...

And the interest payments seem to be going up a little.



That whole article is plain scary
Research Paper no. 30 2008–09 Australia’s foreign debt—data and trends

Anyone who has read that would know we are in a real bad situation.
But we still hear how rosy things are.



posted on Oct, 13 2011 @ 07:25 AM
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reply to post by InformationAccount
 


The inflation charts really make a phrase come to mind.

A picture is worth a thousand words.

In the past 25 years 21 nations have gone thru major inflation events.

Per John Perkins it was all by design by what was once know as
the Robber Barons.

The way to crush the Bourgeois is to grind them between the millstones of taxation and inflation ~ Vladamir Lenin

The $1,500 trillion in global derivatives is the war we lost, it was just a
financial war with criminals that were well dressed bank robbers.

The best way to rob a bank is to run or own one.

How this MASSIVE fraud was done is well explained here:

The derivatives ponzi scheme to rob all the retirement accounts



posted on Oct, 13 2011 @ 09:23 AM
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They subtract the rate of inflation from the GDP numbers to come up with a final GDP. Given that the rate of inflation is UNDERESTIMATED by 3-6%, you can come to the conclusion that this "growth" comes from an inflated money supply, not actual growth.

Probably the best explanation I've ever heard:
www.chrismartenson.com...



posted on Oct, 13 2011 @ 10:08 AM
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Originally posted by Angry Danish

They subtract the rate of inflation from the GDP numbers to come up with a final GDP.

Given that the rate of inflation is UNDERESTIMATED by 3-6%, you can come to the conclusion that this "growth" comes from an inflated money supply, not actual growth.


Growth is still growth no matter how the number was derived.

We have a very positive economy poised for future growth here in the US.



posted on Oct, 13 2011 @ 10:52 AM
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Growth is not simply growth. With your logic, Zimbabwe went through a fantastic period of growth as their money deteriorated to nothingness and their population starved. Here in the USA, we're heading in that direction under the false pretense that the "growth" we are experiencing is an accumulation of wealth (which it is not). Just because numbers get bigger does not mean growth, you have to calculate the actual value of each dollar, if the value of each dollar declines significantly, then THERE IS NO GROWTH.

So if an economy has $100 in transactions one year, and $500 the next, you can't say that the economy grew 5x's, without figuring out how much the money deteriorated in value. When you find out that the money is worth 1/100th what it used to be, you can come to the conclusion that the economy actually shrank significantly. This is what inflation does, this is why HOW you calculate inflation is very important, and this is why inflation is accounted for in GDP.

The point of my previous post and of that video is that how we calculate inflation is pretty much fraudulent, which makes every other measure of our economy distorted. That video goes a long way in explaining things, you should watch it.
edit on 10/13/11 by Angry Danish because: (no reason given)



posted on Oct, 17 2011 @ 09:07 PM
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American companies are doing well, with their workforce outside america and selling their products worldwide. If Americans go bust, Chinese will buy them, or Germans. With the strong Euro American Vintage cars are much more attractive.

Good news, you can invest in stocks. If each generation little by little buys stock and passes it on to their children, they can become owners. Sadly people are too busy getting divorced.


Originally posted by brindle

Originally posted by InformationAccount

Originally posted by brindle

You cant inject paper money into a system to make it work.


Says who?
It will work for a very short time,then boom bamm, im an idiot mam,you cant inject money into the system or wham kaboom all falls down .


Of course you can, you HAVE to. Else what happens? Over generations people will accumulate money and pretty soon there are too many airstrocrats and not enough workers.
edit on 17-10-2011 by Cassius666 because: (no reason given)



posted on Oct, 18 2011 @ 02:48 AM
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Originally posted by Cassius666
American companies are doing well, with their workforce outside america and selling their products worldwide. If Americans go bust, Chinese will buy them, or Germans. With the strong Euro American Vintage cars are much more attractive.

Good news, you can invest in stocks. If each generation little by little buys stock and passes it on to their children, they can become owners. Sadly people are too busy getting divorced.


Originally posted by brindle

Originally posted by InformationAccount

Originally posted by brindle

You cant inject paper money into a system to make it work.


Says who?
It will work for a very short time,then boom bamm, im an idiot mam,you cant inject money into the system or wham kaboom all falls down .


Of course you can, you HAVE to. Else what happens? Over generations people will accumulate money and pretty soon there are too many airstrocrats and not enough workers


Accumulated wealth and the corporate owners are doing well. They're international now, they've flown the coop so to speak.

The government is still operating under a system of rules and tarriffs that was designed to work in a different century.

The people have been abandoned and left to fend for themselves under an oppressive and dysfunctional system that is attempting to not only resist change but actually use force, fear and ignornance to remain in power.

Everyone is ignorant.

Everything is illegal.

No one has to work

Nothing works

Everything is a sale or an illusion

Everyone is an actor

To get anything done you must first perform 6 degrees of lesser confusion in order to conform with some outdated bull#

Everyone is a slave to thier own ignoranace.
edit on 18-10-2011 by InformationAccount because: (no reason given)




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