How old are you Salty?
As you stated aboveYour first video lost me about 2 minutes in. And the second is a bunch of un-related images that makes no sense.The history just repeats it self over and over
Every generation has had there say about the way the world is, will be, and has been. It runs in circles.
The world will not end next week, the American buck will bounce back, Aliens have not invaded Ohio, and you will you be able to sleep tonight, knowing you can go to work with a clear mind, pay your taxes, get married, raise a family, buy a house.
And why is this so you ask?
Beats me...I didn't win the QLD Lottery and have to go to work in the morning. Go figure.
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Hidden Content Boot Hill, Where the Real Fights Are Fought.
I know the starts are shocking, I just skipped through them, I mean who wants to watch the 5 minutes of percussion and explosions. If I wanted cheap action i'd watch steven segal movies.
But this is exactly what is wrong with our society, no one is asking questions anymore. In the states there is no actual law saying you have to pay income tax, it was made up by the federal reserve. All the money in circulation is just an exhibition of debt, the fed bank lends money to the government with interest. How are you supposed to pay interest on a limited money supply? You can't, thus everyone has to keep working to pay off there debts, which are never ending.The world will not end next week, the American buck will bounce back, Aliens have not invaded Ohio, and you will you be able to sleep tonight, knowing you can go to work with a clear mind, pay your taxes, get married, raise a family, buy a house
There will only be no debt if there was no money supply at all. What got me interested was an essay im doing on the causes of the sub-prime crisis in the states. The root of the problem is not that they were lending money to people who couldn't pay the debt, the problem lied in the fact that the interest rates were way too low, narrowing the credit spread. This is combined with the over-the-counter derivative market worth $58 trillion, this market is opaque as black with basically zero regulations. Why did the government let it continue?
Things just fit together way to perfectly without any intervention from the government. See what caused the Great depression and you will see the similarities.
Although this may just interest me, I was always the kid asking why.
As I said before, all of your questions and concerns have been ask in the past, are being asked now in the present and will be asked again in the future.
Here's a question for you...
If the US goverment was to demand all outstanding loans be payed back, from all the countries they have lent money to over the last forty years.
How much money would they receive?
Hidden Content Boot Hill, Where the Real Fights Are Fought.
In answer to the question, No boby knows, because the US has loaned so much money out, over the last 40 years to 3rd countries and countries who were close to going broke (Economic Aid) and so forth that it would take a bank of computers ten years just to calculate the interest due that the princal will never be paid back. That does include the under the table deals and close door deals that are made every year with new countries.
And the reason they do it?
Who else is going to do it?
I'm not sure why you are interested in all this, (school, a future job in Economics, whatever) But looking for answer to some questions, won't be found on a boxing website, even one that has me on it.(Little Joke)
PS. excuse any spelling mistakes. Been up sinse 4am and it has been a looong day.
Hidden Content Boot Hill, Where the Real Fights Are Fought.
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