Toddsterpatriot
Diamond Member
It does seem like the economy are very close to falling apart. Inflation is high and will continue higher but Federal Reserve sems to be powerless.
In our economy debt must grow. Only new debt can pay for old debt. At some point debt can not be repayed.
So a new system is necessary. Something with much more control over each individual. People have to live in fear so they do not revolt when their standard of living plummets. The few that are left because they do not want billions of people. Something similar to Chinas social credits. And only digital currencies so anyone will know they are watched in real time.
But Covid fascism is not working well enough for them.
So my question is, can war be a solution for them? A larger one where people feel that fascism/communism is nothing in comparison. Because i am spiritually told that some in the Biden administration want war.
Also please discuss solutions. If we have reached the limit for the debt economy can they through cooperation between the larger nations cancel debts without turmoil in markets?
Only new debt can pay for old debt.
I pay old debt all the time without new debt.
At some point debt can not be repayed.
Or even repaid.
So a new system is necessary.
Nah.
The big picture. Money is created through loans.
Yup. And?
Why should i waste time trying to spell correct when you dont understand anyway?
Did you imagine your "Money is created through loans" was a huge revelation?