Tell Me Something Interesting...

[MarcLacroix]

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

 

[mmerlinn]

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.

 

[pmbug]

How do you envision #2 playing out ML?

 

[MarcLacroix]

How do you envision #2 playing out ML?

Did you not see the movie?

 

[pmbug]

I guess not. Which movie are you referring to?

 

[MarcLacroix]

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.

Marc

 

[singleshot]

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.

 

[MarcLacroix]

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

 

[pmbug]

...
I'm gonna' call Wells Fargo and ask them if I can put some sdrs into my checking account.

 

[MarcLacroix]

Humour is a good way to fend off fear
https://twitter.com/twitter/statuses/1033023735517863936
when a situation becomes scary.

Marc