pstarr wrote:I know outcaste. That "not-so-bad" worst recession of all time wasn't even bad for you, because you are brilliant. And you have good constitution and morals.
And all that pain from the ("not-so-bad" worst recession of all time) wasn't really all that bad because it was only the worst "recession" (cough cough cough) of all time. And not really the never-ending worst depression of all time.
And most certainly the ("not-so-bad" worst recession of all time) had nothing to do with $100/barrel crude or $5.00 gasoline.
/sarc
Keep dreamin' Keep token'
Sys1 wrote:Very simple :
The global economy is collapsing since 2008. Just watch global debt chart and you will get we have a problem.
And now that oil is going up again, central banks are gameover :
Cog wrote:Sys1 wrote:KaiserJeep : Then what the fuck are you doing on a doomer site, moron?
You should go writing your BS on Fock News, wou will be far better welcomed than here.
This is not a "doomer site". This is a site to discuss the implications of oil depletion. The fact that there are doomers like you here, simply means the board staff are tolerant of your nonsense.
jedrider wrote:Cog wrote:Sys1 wrote:KaiserJeep : Then what the fuck are you doing on a doomer site, moron?
You should go writing your BS on Fock News, wou will be far better welcomed than here.
This is not a "doomer site". This is a site to discuss the implications of oil depletion. The fact that there are doomers like you here, simply means the board staff are tolerant of your nonsense.
Yes, that was a bit over the top. However:
The 'implications of oil depletion' is DOOM.
The 'implications of climate change' is DOOM.
The 'implications of financialization' is DOOM.
I see a common thread there
Newfie wrote:They have no intention of payin it off.
Nor any plan to deal with the consequences.
Cog wrote:As long as the interest on the debt can be serviced(paid) then there is no problem.
As of 2017 the interest on the debt was $263 billion or 6.8% of the federal budget
Newfie wrote:Somehow I came across this book “Time Blind” by Jack Albert.
Not sure but I think it may explain a lot.
It’s available as a free download.
onlooker wrote:Actually, my bad. The thesis should have been the financial system and the attendant needs and wants of all the humans is destroying the Environment of the world in terms of favorable habitation conditions. I notice that some of you do not spend to much time on the Environment forum. Well, I am making a post there that will be titled "BAU is the final nail in the coffin" . Because while some of you do make some keen points about how the Economies of the world are still functioning and staying afloat. Every day modern civilization and our huge numbers are debilitating the resiliency of the Biosphere and its ability to sustain life. So, I know this is a PO site but we all know this is the case but some of us are more forthright about it.
The U.S. and global economies are choking on a massive amount of debt. While Wall Street and the Mainstream financial media continue to rationalize the skyrocketing debt as merely the cost of doing business, the disintegrating fundamentals point to an economic catastrophe in the making.
Outcast_Searcher wrote:Newfie wrote:Somehow I came across this book “Time Blind” by Jack Albert.
Not sure but I think it may explain a lot.
It’s available as a free download.
Any hints? I'm not finding good hits for finding a "Time Blind" book, downloadable or not, by a Jack Albert.
I'm finding that title by another author, an author called Albert Jack, etc.
Thanks
RATIONALE FOR THE CRITIQUE OF USURY
Throughout the history of the criticism of usury, various reasons and rationale have been forwarded in support of this position. While some are unique to particular traditions or individuals, many tread on common ground which this section will briefly attempt to synthesise.
Usury as Unearned Income . . . .
Usury as Double Billing . . . .
Usury as Exploitation of the Needy . . . .
Usury as a Mechanism of Inequitable Redistribution of Wealth . . . .
Usury as an Agent of Economic Instability . . . .
Usury as Discounting the Future . . . .
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