We are in trouble not because of the size of the debt, but (workindev)

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Mar 13, 2012 - 11:30am

workindev

We are in trouble not because of the size of the debt, but

because of what we are spending that money on.

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Messages

Author

Date

university of texas takes physical possession of $1b in gold

ds7

Mar 13, 10:01am

That will buy a lot of recruits (nm)

MormonDevil

Mar 13, 10:02am

plus there is a huge disconnect between physical

johnnycarson

Mar 13, 10:04am

Wow, the cost of carry is more than physically storing $1b

WDaddy

Mar 13, 10:05am

actually, you'd be surprised how many people don't "see it" (nm)

ds7

Mar 13, 10:08am

Trillion dollar deficits don't have much do to with the (short)

workindev

Mar 13, 10:15am

got it...deficits don't matter... (short)

ds7

Mar 13, 10:22am

I didn't say that deficits don't matter, only that they

workindev

Mar 13, 10:47am

Of Course. Debt leads to financial success for all. Do you

digblue

Mar 13, 11:16am

Inflation isn't the only way to "pay off" the debt

workindev

Mar 13, 11:28am

the only thing that's "growing" is our debt and our foreign

ds7

Mar 13, 11:39am

What makes you think that we don't produce anything? (nm)

workindev

Mar 13, 11:40am

been to walmart lately?

ds7

Mar 13, 11:58am

Entertainment is not included in any manufacturing

cheezedawg

Mar 13, 12:20pm

"entertainment" industry has topped all other industries... (long)

ds7

Mar 13, 12:25pm

RE: Inflation isn't the only way to "pay off" the debt

digblue

Mar 13, 11:41am

Economic growth isn't "kicking the can down the road"

workindev

Mar 13, 01:45pm

I know. I've seen you make this statement before.

WDaddy

Mar 13, 10:29am

They dont. Deficits just move money from the

cheezedawg

Mar 13, 10:30am

makes perfect sense! pour as much water as you want into

ds7

Mar 13, 10:35am

You are not hearing me. Deficits don't pour any (short)

cheezedawg

Mar 13, 10:36am

this graph sure makes it look like more soup for everyone! (short)

ds7

Mar 13, 10:45am

That graph has nothing to do with fiscal policy (nm)

cheezedawg

Mar 13, 10:46am

what does it show? (nm)

ds7

Mar 13, 10:49am

The intended effects of the aggressive *monetary* policy (short)

cheezedawg

Mar 13, 10:56am

One more note- there is no historical correlation between (short)

cheezedawg

Mar 13, 10:31am

you think this is business as usual?

ds7

Mar 13, 10:57am

Not even close to business as usual. (short)

cheezedawg

Mar 13, 11:17am

We are in trouble not because of the size of the debt, but (short)

workindev

Mar 13, 11:30am

This is not just a two sided coin. This is a 20 sided

digblue

Mar 13, 11:47am

minor quibble...

ds7

Mar 13, 03:41pm

It isn't my belief, it is a knowledge based on fact

workindev

Mar 13, 10:57am

I'm not arguing with you. I've just never seen you explain

WDaddy

Mar 13, 11:07am

RE: It isn't my belief, it is a knowledge based on fact (long)

digblue

Mar 13, 11:37am

I've been hearing people warn about the US losing "reserve

workindev

Mar 13, 01:55pm

normalcy bias...

ds7

Mar 13, 03:47pm

Deficit spending does not depreciate the dollar (short)

cheezedawg

Mar 13, 03:56pm

you keep saying that, but it's not true...

ds7

Mar 13, 03:59pm

workindev posted a fine statistical analysis that showed

cheezedawg

Mar 13, 04:08pm

this is why you get called names...because they ARE

ds7

Mar 13, 04:12pm

Not really

cheezedawg

Mar 13, 04:59pm

Kyle Bass? (short)

FunkeCoug11

Mar 13, 10:07am

Can I ask Kyle to use some of that to pay for my kids (short)

yalumn96

Mar 13, 10:10am

20 tons of gold...wow (nm)

stutz17

Mar 13, 10:19am

FYI- this would be a ~40"x40"x40" cube (nm)

cheezedawg

Mar 13, 10:35am

Did you mean 40'x 40'x 40' ? (nm)

PhillyYFan

Mar 13, 10:50am

No. A little over 3' on each side.

cheezedawg

Mar 13, 10:55am

wasn't that the plot to die hard with a vengeance?

ds7

Mar 13, 10:48am

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