tag:blogger.com,1999:blog-6399730406480392183.post2548901161471152691..comments2024-03-27T11:18:34.222-03:00Comments on Viable Opposition: The IMF and the World's Central Bankers - The Blind leading the Blind?A Political Junkiehttp://www.blogger.com/profile/03342345936277964422noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-6399730406480392183.post-10657183044025815652011-09-13T00:48:49.270-03:002011-09-13T00:48:49.270-03:00Money trivia:
How big is a trillion dollars?
It ...Money trivia:<br /><br />How big is a trillion dollars?<br /><br />It would be a stack of $1000 bills...<br />64 MILES HIGH!<br /><br />End to end, The US National Debt (est $14.7 Trillion, 2011), in $1000 dollar bills,<br />Would go to the moon (and back)...<br />3165 times!!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-9303486113796806832011-09-13T00:47:31.366-03:002011-09-13T00:47:31.366-03:00In 2011, Forbes Magazine said that there were 1,21...In 2011, Forbes Magazine said that there were 1,210 billionaires in the world, with an estimated net worth of 4.5 Trillion Dollars!!!<br /><br />According to the CIA World Factbook, that would rank this group #4 in the world for GDP (purchasing power parity), ahead of Japan. <br />It would also be greater than the GDP for The United Kingdom AND Russia COMBINED!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-75071966704575540942011-08-30T11:59:49.989-03:002011-08-30T11:59:49.989-03:00"It certainly looks like the IMF missed the b..."It certainly looks like the IMF missed the building storm clouds, doesn't it?"- no it does not. Read the history of the Great Depression--the crash of 1929 was a ROUTINE correction that was made worse by the US FEDERAL RESERVE and the lack of a TRUE GOLD STANDARD (i.e., flexible money supply, which the managed gold standard of the 1920s was NOT). When will people ever learn that government is not the solution, but the problem?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-36168228747028432122011-07-21T13:04:56.435-03:002011-07-21T13:04:56.435-03:00Ya like this guy is not trying to unload some land...Ya like this guy is not trying to unload some land in Costa Rica,the rule of law is very low there...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-17599222016935292122011-07-06T15:34:15.807-03:002011-07-06T15:34:15.807-03:00Why do you say: Costa Rica is the new land of oppo...Why do you say: Costa Rica is the new land of opportunity. How so???Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-67684699667841495502011-07-01T22:27:22.626-03:002011-07-01T22:27:22.626-03:00The U.S. has become so financially unstable as a r...The U.S. has become so financially unstable as a result of political corruption that I'm not convinced of a recovery any time soon, if ever. The loss of domestic jobs to illegals that send their paychecks back to Mexico combined with the death of the manufacturing sector that fueled the middle class income tax base has created a country comprised of multi-national profiteers that won't even hire U.S. Citizens. The largest, G.E., paid no corporate income taxes last year do in part to the loopholes provided by their friends in government. Obama recently appointed G.E.'s CEO to head a job creation task force. G.E. has probably single-handedly pumped more jobs out of the U.S. and into China than any other. I guess they think we're buying their plan as being created in good faith. Maybe it was and their just stupid. Mexicans don't pay many taxes on their illegal income which leaves the middle class to cover the deficit. Except the middle class is now the hamburger class, poverty line wage style. Buy a nuclear rocket with the income tax generated from slapping meat on a bun and see what you get for maintaining service on how many trillions?<br /><br />Obama is intent on creating an immigration scheme that gives the multis and the Chamber the slaves they've already smuggled. Eighty percent of the population is against it. The State governments are legislating the illegals out when they can but the Supreme Court, with 3 Bush appointments plus Scalia, has become so Pro-Business that it all but declared corporations as holders of rights equal to the People through a grossly distorted interpretation of a corporate personhood case that was fraudulently summarized as having been decided in favor of same when, in fact, it wasn't. Amazing, but Judges tend not to read precedent further than the place that provides support for their selective reasoning.<br /><br />Now that multis can contribute uncapped amounts to candidates for office, they'll own the election process lock, stock and barrel. That will finish off any chance Citizens have of getting jobs and any chance that the government will grow an income tax base to service it's debt. Senators aren't smart enough to make the connection. They're opinion is the same as their wealthy backers. Give to the rich and the rich will create jobs. Maybe so, just not in the still relatively high priced labor markets in the United States. Costa Rica is the new land of opportunity. The U.S. is the still relatively lucrative market they'll sell to and the dumping ground for imported slaves when they eventually organize themselves out of the wage rate market. A whole new set of slums awaits. By then, the extra houses built in the real estate fiasco will be at a level of degradation ideal for ghettos.<br /><br />If your waiting for this country to bounce, your in for a long wait as long as the President, the Congress, and now the Supreme Court are all on the same page of giving business anything it wants. You know what happened last time. They got a little greedy and built to many houses and......<br /><br />Running a country without the stabilizing influences of ethics or economic truths while simultaneously letting your rich corporate friends have their way with it any time they like is not a viable model for long-term stable growth. The wealth and income distribution in the country has become so skewed that it's best chance of recovery might be a military despot, nationalization of all assets, population trimming genocide, followed by an allied European rescue. Then again, if I were Europe, I would forget about us.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-83762154945991306672011-07-01T11:09:40.367-03:002011-07-01T11:09:40.367-03:00Many excellent points here. I followed a link at ...Many excellent points here. I followed a link at the latest New York Times. I really appreciate that you are trying to uncover falsifications and 'rosification' of financial facts. Muddling, after all, will never contribute to a good resolution.June Edvensonhttp://www.edvensonconsulting.comnoreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-62071663165698845102011-06-16T09:27:39.035-03:002011-06-16T09:27:39.035-03:00And its not over yet. In the UK, the Bank of Engla...And its not over yet. In the UK, the Bank of England continue to ignore their woeful forecasting of the last 3 years, and still project the reverse hockey stick chart on inflation. 'It will be Ok in 2 years!'. <br />Its nonsense. The forecast models can cope with the new reality of a glolbalised, faster moving world, and they are hopelessly out of date.<br />We will as a result enter a new wave of retraction, probably causing a new recession, and then who knows what as governments and banks have to try and rebuild their balance sheets.Playhouses Manhttp://www.playhouses.co.uknoreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-27499090598098961362011-03-03T19:44:40.394-04:002011-03-03T19:44:40.394-04:00Thanks Robert. I took a look at your blog - what ...Thanks Robert. I took a look at your blog - what a lot of information! I'll be back for a more thorough look through your country postings since I have been a traveller for decades.A Political Junkiehttps://www.blogger.com/profile/03342345936277964422noreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-31095154065715833202011-03-03T18:46:19.305-04:002011-03-03T18:46:19.305-04:00Very interesting blog. I saw your link on Forbes a...Very interesting blog. I saw your link on Forbes and followed it to here. Will add your site to my socio-economic geo location blog as this is very relevant. I do fear where the world is headed. Waiting for some pretty significant economic and human disasters over the next decade.<br />Inflation.<br />Double Dip Recession.<br />Commodity wars.<br />Third world accelerated decline.<br />Water shortages.<br />etc etc.OneLifeLiveIthttps://www.blogger.com/profile/08194604578343431697noreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-18090872797016738932011-02-17T23:57:09.467-04:002011-02-17T23:57:09.467-04:00A Capitalism so perverted, so far removed from Ada...A Capitalism so perverted, so far removed from Adam Smith that even Karl Marx wouldn't know where to start in criticizing it.<br /><br />Reagan's deregulate, trickle down and Government is the enemy has apparently been adopted by the IMF - not too surprising when you think who the IMF actually is and represents.<br /><br />What has destroyed America - if not checked - will do so to the rest of the world as well. Pity - really.Mylegacyhttps://www.blogger.com/profile/11532592953744479060noreply@blogger.com