Discussion in 'Bullion Investing' started by fretboard, Oct 4, 2021.
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It's obvious he's going to use his profits in pot because we know that keeps getting higher and higher
So the San Andreas fault-line opens up, but instead of the land west of the fault line, everything east collapsed into the ocean. So everyone that went to Nevada and Colorado were killed by the rushing ocean waters.
Be careful how you react to predictions.
job losses across the board, just a massive disaster, in which case this prediction would come true, which is why this prediction get's made each time the debt ceiling comes up. Not raising it and defaulting would basically collapse the country and cause a greater depression than the great depression, and it would cascade globally.
it's also not constitutional for the U.S. to not pay it's debts, that's a factor also. it's mandated in Amendment 14, Section 4, that all public debts must be paid. the debt ceiling isn't being raised for new debt, it's being raised to pay interest on the debt we already have.
My opinion on the subject though, is if congress can't come to an agreement on it and raise the debt ceiling so the bills can be paid, then the executive branch will need to do it unilaterally, in order to not have a constitutional violation and crisis over it as well.
I have no idea why they are playing chicken with it these last few times, all it's ever gotten was the credit rating of the country lowered for playing games and making things uncertain. it's why the credit rating of the country was so high, because it's constitutionally mandated that we MUST pay our debts and not question them. Want to argue over it, argue spending, argue about taking on the debts and paying them back in the first place before you take on the debt,m the time to argue isn't when the bill comes due.
Unless you're a politician, in which case the time to argue is when it will get you the most attention.
I'm still stuck on "predicted 9 of the last 5 recessions". That's a darn good record.... Wasn't the world supposed to end back on Dec. 12th of 2012? Last I looked, it's still spinning... lol
Maybe we shouldn't be giving money to the countries where the people hate us. After WW II, the United States "loaned" money to the European countries and other countries that were devastated by the war, but they never paid anything on the loan and then one of our presidents "forgave" them their debts so they would be our allies, but then DeGaulle closed all of our bases in France.
There are many reasons that we are in debt, most of which the loans were made to be everyone's "Pal".
Those of us on Social Security are living on our great, great, grand childrens contribution to Social Security.
Pray for the best.
Oops, that should have been Dec. 21st of 2012. There goes my dyslexia again.
So you actually meant to say, "predicted 9 of the last 5 recessions"?
He's a multi-millionaire and he's been a gold and silver stacker for years, he'll think of something!
Unfortunately the Federal Reserve of today keeps bailing them out, so they think (and know) that Uncle Sam will save their butts.
Well, at least the corporation sort of "people".
More of a hat.
Depending on the size.
AH, the Joys of getting a new credit card....might as well go break it in good and proper.
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