United States Will Become A Third World Country Overnight. Real Unemployment 22%, page 4


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reply posted on 11-9-2012 @ 11:26 AM by Morg234

Europe HAS to spend to defend itself further,
reply to
post by penninja



The UK like the US is withdrawing forces from Continental Europe. Most will be out of Germany atleast by 2020, and I doubt Germany will be bending over backwards to fill the gap of all that materiel and tens of thousands of troops.

The USSR doesn't actually exist anymore.


reply posted on 11-9-2012 @ 10:28 PM by Wrabbit2000
reply to post by davjan4



So then... what do we DO? When will it happen? A year? Six months?


Well, as long as monetizing our own debt is the apparent plan and printing money until we run out of paper to print it on or the presses wear out for good, whichever comes first is the action being taken...then I don't see how we avoid this eventually:

4. Germany, Oct. 1923
Highest monthly inflation: 29,500%
Prices doubled every: 3.7 days

The German papiermark, which was introduced in 1914 when the country's gold standard was eliminated, began with an exchange rate of 4.2 per US dollar at the outbreak of WWI up to 1 million per US dollar in August 1923. By November, that number had skyrocketed to about 238 million papiermark to 1 US dollar, and a psychological disorder called "Zero Stroke" was coined, after people were forced to transact in the hundreds of billions for every day items and were dizzied by the amount of zeros involved.

he rapid inflation caused the government to issue a redenomination, thus replacing the papiermark with the rentenmark, exchanging at a rate of 4.2 per US dollar and cutting 12 zeros off of the papiermark's face value.
Source


The bit goes on to say the re-denomination saved the Weimar republic...for awhile..but the trauma the ordeal put the nation through left them in the mental position to enthusiastically bring Adolph Hitler to power, based on his initial appearance of the great healer and economic genius to make everything okay again.

The link there is of a slideshow set that covers a number of the worst hyperinflation events in history with a brief cap of the stats, how it started, what caused it and how it all eventually ended up. Included are Hungary, Zimbabwe, Yugoslavia and others. It's a depressing read but a decent idea of what happens when the supply or management of Government finances departs from the economic laws of reality. There are consequences, they are brutal and it's just the way the system works..when stupid happens for extended periods.


reply posted on 12-9-2012 @ 01:22 AM by ladyoutlaw
replyc to post by zero1020



In Deuteronomy15 the seventh year is the year for canceling debts.


reply posted on 12-9-2012 @ 01:33 AM by Wrabbit2000
reply to post by Atione


I actually did a thread on this very thing in terms of Revolution in the United States. My general feeling is that attempting it won't happen in any serious way and if it were tried, it wouldn't last long. Not long at all. Who would start it?

Of those groups who are large and well organized enough to consider it...which would you follow and give allegiance to? The Panthers? Aryan Nations? Occupy? Black Bloc? It's real questionable if any of them could do it in even a starting way, but no one is any better or closer....and that's kinda the point here. Whoever tried to start it, won't live long enough to know if they succeeded or not. I don't see a line of Americans qued for that particular job.

Change that doesn't outright destroy the nation, must come from within...and as cynical as some are on saying voting is for fools.....choosing to cede the whole system to the criminals running it is what I find foolish. We can't change a thing from the outside, looking in. The Hippies learned it in the 60's and now they run the nation. Two sides can play. It just takes TIME...and no one has a pinch of patience anymore.


reply posted on 12-9-2012 @ 02:05 AM by Common Good
reply to post by Samtzurr



Wow- that is a lot to swallow(like she said)- and may I add that I believe what you just hinted at deserves a thread of its own

Great detective work.

So basically what you are saying is- if our economy crashes- all assets leftover will become sole property of the US.
Which includes what exactly? What about our debts to other nations and such?
I will see if I can find anymore info on this and hopefully post my findings.

Good job

Edit- can you also point me out to which clause you are speaking of? thanks.
edit on 12-9-2012 by Common Good because: (no reason given)

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