QWAK,When one tries to imagin BILLIONS and then TRILLIONS in DEBT it becomes UNIMAGINABLE so a mental IMMAGE of OVERWELMING WEIGH may help.
The indivigual American with HIS personal DEBT is the FLY that is UNDER the GUY and you can't SEE him! :)
But perhaps NOW you can IMAGIN being HIM! HE HE HE
QWAK,egghead,The ones in power have decided that the CONSTITURION is just a piece of PAPER, they have ignored much of it or found ways areound it, to do what they wanted to do.
As for Bankruptcy they have already altered that law several times recently and slamed the door to most "Just walking away from DEBT", in the future WORK CAMPS will be the NEW NORMAL!
If you live as stupid as you talk, you will get to know them inside out!
"When the DEFAULT comes they will move in like hungry JACKELS and rip this place apart for ALL the resources and PEOPLE will be in WORK CAMPS paying off their debts!"
Ha Ha Ha Ha Ha Ha .... Ha Ha ha ha ha !!!! That's why God created Bankruptcy court. To have your debts forgiven!!! So you can start all over ... FRESH AND CLEAN SLATE! America what a COUNTRY? Don't you just LOVE HER!!!
"The camps are almost all finished and waiting built with YOUR tax $$$ by Halaburton! People in WORK CAMPS are a RESOURCE TOO and they aint FREE!"
Camps .... Work Camps?? Let me get this straight now .... We live in the Unites States of America last time I checked. I don't recall Work Camps as being part of the Constitution. Maybe I missed a paragraph somewheres?
And anyways why would anyone volunteer to go to a WORK CAMP when he can live off the fat of the land using OTHER COUNTRIES WEALTH?? Remember the whole world is lending/giving us their wealth in return for our PHONEY FIAT DOLLARS.
Don - You are such a pessimist. Relax and enjoy your long Retirement paid for by THE WORLD!!!!
they were builing something......i actually tried to google levvit town....not sure of the year...but a boom town for sure...and i'm/was thinking 50"s....incidendtly..from what i could figure if you bot $20,000 worth of gold in 65//(i had to look at 75 chart-- to start with..couldns find 65...).....real estate has outperformed....& discount the little bubble....were talking 42 or so years........
>>i'm going to hang on to my RE...good luck with your gold...
QWAK,egghead,When the DEFAULT comes they will move in like hungry JACKELS and rip this place apart for ALL the resources and PEOPLE will be in WORK CAMPS paying off their debts! The camps are almost all finished and waiting built with YOUR tax $$$ by Halaburton! People in LABOR CAMPS are a RESOURCE TOO and they aint FREE!:(
If you don't think it can happen YOU don't know HISTORY!
"When people spend more they they got and do it concistently the result is always UGLY!"
The whole WORLD has been LENDING/GIVING us their WEALTH in exchange for our PHONEY FIAT DOLLARS for decades. If/when they stop it'll get UGLY for everyone I agree.
Maybe that's why the 'whole WORLD' is afraid to STOP lending/giving us their WEALTH in exchange for our PHONEY FIAT DOLLARS?
Let me ask you this Don .... If your neighbor kept giving you SOMETHING for NOTHING would you BITCH and tell them to stop that OUTRAGEOUS BEHAVIOR or would you suck it in and keep accepting their GIFTS?
Well Uncle Sam ain't looking a gift horse in the mouth neither. He just keeps giving the 'WHOLE WORLD' our PHONEY FIAT DOLLARS and they keep handing over their WEALTH.
Such a DEAL!
perhaps they were too busy building commercial bldgs prior to 1950.........eh!!!!!!!
>>no need to read the whole page...scan down and read the list of builtings & yr built
QWAK,Bear,Both the price of GOLD and RE has been extreamly MINIPULATED since the MID 60s when the USA actualy went BROKE with the cold war expences and going to the moon.
Economic MOMENTUM and a fair amount of ANTIMIDATION and FEAR made the world accept our IOUs but that is coming to an end and it is gona be GRUSOME!
When people spend more they they got and do it concistently the result is always UGLY!