Some republicans feel that defaulting won't be that bad

Started Oct 8, 2013 | Discussions thread
DT200 Contributing Member • Posts: 835
Re: Some republicans feel that defaulting won't be that bad

vadimraskin wrote:

Leo G wrote:

Basically, what's the difference. A few years, a decade maybe? It's going to happen, no matter what. The fractal debt based money system is designed to fail. It can't go any other way. It must fail, that's the design. You cannot make money out of nothing and then charge interest on that money. There is never enough money there to pay it back. It is a system designed to keep you in perpetual debt.

It has now come the time where the perpetual debt meets the real life cliff. It's time for the big reset. It's coming no matter what, and as far as I can see the gov's around the world are planning for it to happen, because they know.

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Leo G
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yes, you are right, the debt grows needs to be checked in and contained but not the way the current GOP brain-dead want it to be contained.

The GOP had a chance is 2000 after Clinton balanced the budget.  Their solution...massive tax cuts for the wealthy creating a massive budget deficit again.

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