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Full Circle of Govt Debt Default
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JohnDeereGreenWKY
Posted 12/19/2009 22:02 (#975523 - in reply to #974895)
Subject: Re: Full Circle of Govt Debt Default


West Ky
Seems a lot of stuff is beginning to take shape world wide as you saw in my other threads. Wonder if TSHTF this year or next.. maybe 3 yrs out. It will sometime for sure just a matter of time when. And when it does oh boy look out. Every man for himself.
We have had bubbles now for the past few decades to prop up the country on a crutch instead of purging the system of corruption. We had the S&L crises and they solved that with the .dot bubble. It burst then they immediately propped it back up with the housing bubble and derivitives bubble. The housing bubble has burst and the corporate real estate bubble is popping right now. Mean while the Gov is pumping in tremendous amounts of money into the system to try and keep it afloat. Around 25 trillion dollars at last count. All of it is being used to try and keep the stock market up and Gold prices down and the dollar from collasping not to mention the 500 Trillion derivatives bubble that is on the verge of popping.
When and I mean when it pops either the derivatives or the Gov bubble then their goes humpty dumpty off the wall. And when that happens all countries on Earth will be hurt just some worse than others. That is why a lot of very rich individuals are leaving the country in droves. They are trying to stick their money in places where they won't lose all of it. They would rather lose 10-20% or a little more. But that is better than all of it.

Just a matter of time.
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