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Old 08-26-2018, 06:43 PM   #1
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Tell Me Something Interesting...

Ok;

1. The World is addicted to debt and its finances have become unmanageable.

2. If we boldly go StarTrek and get rid of money then the problem will go away.

Marc
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Old 08-27-2018, 04:28 AM   #2
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The debt may go away, but the causes will still be there, namely lack of discipline and irresponsibility, both of which would continue to manifest themselves in other ways.
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Old 08-27-2018, 08:04 AM   #3
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How do you envision #2 playing out ML?
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Old 08-27-2018, 12:17 PM   #4
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Originally Posted by PMBug View Post:
How do you envision #2 playing out ML?
Did you not see the movie?
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Old 08-27-2018, 12:40 PM   #5
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I guess not. Which movie are you referring to?
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Old 08-27-2018, 03:45 PM   #6
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Originally Posted by PMBug View Post:
I guess not. Which movie are you referring to?
Well there are many but the one I liked most was 'Margin Call'.
World Governments and Central Banks have created a MegaClusterFuck.
Bankruptcy on a global scale seems to be the only way out.

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Old 08-28-2018, 11:35 AM   #7
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Money is not the problem if you agree with J P Morgan, "only gold is money". Debt based economy/currency coupled with corrupt lawmakers who have no conscience about taking and spending OPM, is the problem.
I honestly cannot envision trade being conducted without some form of currency. Something universally accepted and backed by some tangible commodity/asset.
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Old 08-28-2018, 03:18 PM   #8
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Originally Posted by singleshot View Post:
I honestly cannot envision trade being conducted without some form of currency. Something universally accepted and backed by some tangible commodity/asset.
Perhaps the IMF's sdr can be BulletProofed so the big money forex players can't trash it.
I'm gonna' call Wells Fargo and ask them if I can put some sdrs into my checking account.

Marc
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Old 08-29-2018, 07:58 AM   #9
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Originally Posted by MarcLacroix View Post:
...
I'm gonna' call Wells Fargo and ask them if I can put some sdrs into my checking account.
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Old 08-30-2018, 12:34 AM   #10
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Humour is a good way to fend off fear
https://twitter.com/twitter/statuses...23735517863936
when a situation becomes scary.

Marc
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