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Well...we're doomed
- Thread starter buzzausa
- Start date
"While growth of debt in the short term is viable, growth of debt faster than the growth of GDP is not viable over the long run. This is not debatable. It is a simple fact."
Yet every politician says he,´ll reduce debt and all he does is increacing it. Of course the politicans,´re good ones the question is for whom.
Yet every politician says he,´ll reduce debt and all he does is increacing it. Of course the politicans,´re good ones the question is for whom.
ImprobableJoe
New Member
And yet you ignored the important part of the very thing you quoted. Of course, I'm not at all surprised you'd get it wrong.PsycoDad said:"While growth of debt in the short term is viable, growth of debt faster than the growth of GDP is not viable over the long run. This is not debatable. It is a simple fact."
Yet every politician says he,´ll reduce debt and all he does is increacing it. Of course the politicans,´re good ones the question is for whom.
ImprobableJoe said:And yet you ignored the important part of the very thing you quoted. Of course, I'm not at all surprised you'd get it wrong.
Another time you left space for interpretation. State which of the two assertions is wrong. Either "growth of debt in the short term is viable" or "growth of debt faster than the growth of GDP is not viable". Or any prequisite for those? It,´s up to the reader to jugde which one you meant; ridiculing me for stating those....
What is the important part i ignored? This topic is way too big to state such a short "debunk".
Start refuting points i made not assuming the reader,´ll know "the truth" (your truth).
And don,´t try to make my bad english a refuting issue again. :evil:
ImprobableJoe
New Member
"Bad english"?!? I just assumed you were... never mind. :lol:PsycoDad said:
The important part of that bit is "growth of debt as a percentage of GDP." Debt doesn't matter so much is you are using it to stimulate growth.
Web bots are not reliable, superstitious bs for people to think they find something dependable. For every "prediction" they land, they fail 50.
As far as "2012" goes, most of the coverage is complete nonsense. There's no reason to believe "we alls gonna die!". There are a lot of fear mongers making money through distorting the indigenous traditions and selling it to end times & new agers. There is nothing about the calendar or the traditions that say the world is going to end, Jesus is coming back, allah is going to judge everyone, its all distortion and fear tactics. I don't dismiss the calendar completely any more than I would dismiss the seasons, it has a pretty good record for recording solar events and ffs, its the only calendar that doesn't mark the beginning of the earth less than 7 thousand years ago.
As far as "2012" goes, most of the coverage is complete nonsense. There's no reason to believe "we alls gonna die!". There are a lot of fear mongers making money through distorting the indigenous traditions and selling it to end times & new agers. There is nothing about the calendar or the traditions that say the world is going to end, Jesus is coming back, allah is going to judge everyone, its all distortion and fear tactics. I don't dismiss the calendar completely any more than I would dismiss the seasons, it has a pretty good record for recording solar events and ffs, its the only calendar that doesn't mark the beginning of the earth less than 7 thousand years ago.
Therefore you,´ll allways need growth in order to outpace increasing interest payments. And that,´s the point you cannot allways have growing markets.ImprobableJoe said:
BTW the only growth on bank balance sheets have come from artificially created "booking money" i.e. derivates with no relation to reality whatsoever. 99% of the daily money turnover is from speculative short term investments. And speculation is more related to psycology than to actual changes in the real world.
Anyway I think the real gloom&doom is comming from downgrading the US sovereign debt following the derailing of the US treasury market since autum last year.
This whole "the end is near", planet X is coming has it,´s eligibility in some way as after the complete crash of the economy life in the US will be entirely different. Not too long into the future americans will think a meteore has hit them cause they find themselfes broke on the street.
This whole "the end is near", planet X is coming has it,´s eligibility in some way as after the complete crash of the economy life in the US will be entirely different. Not too long into the future americans will think a meteore has hit them cause they find themselfes broke on the street.
I plan on going further. I'm going to go on the internet, find anyone who probably had a paper bag over their head last night and laugh directly at them, in their faces. Then I will make a video in which I laugh at them more. Then I will go and troll them to death. Then I will laugh at all the people who committed suicide because they thought it was going to happen (I estimate about 50 people in total worldwide).
I don,´t think so.Zylstra said:
Wishing death to someone isn,´t quite civilized to me. Whatever an idiot this person may be.
While this is something completly different:
http://www.youtube.com/watch?v=N3LJYO3r1xw&feature=channel_page
And yea my english is horrible at times but that,´s not the point. :!:
"DOOMSDAY" update! "DOOMSDAY" update!
To avoid confusion with DOOMSDAYS allready happened i,´ll recommend labeling it "DOOMDAY-Reloaded" :!:
Anyone heard our sure end??
On 22.6.09 a global terrorist coup will happen. So they say.
Scared? Terrorized?
watch:
http://www.youtube.com/watch?v=69PcoG7dTfY
To avoid confusion with DOOMSDAYS allready happened i,´ll recommend labeling it "DOOMDAY-Reloaded" :!:
Anyone heard our sure end??
On 22.6.09 a global terrorist coup will happen. So they say.
Scared? Terrorized?
watch:
http://www.youtube.com/watch?v=69PcoG7dTfY