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Thursday, August 12, 2010

US budget deficit 14% of GDP, liabilities $202 trillion! Posted: Wed Aug 11, 2010 4:55 pm

http://christianinfobomb.com/phpBB3/viewtopic.php?f=7&t=20881

So whatever you do, with the current policies you never can come out anymore. The only thing you coudl do is making an agreement with all big powers globally and agree to back up each otherto sustain credit lines and a long term decades long plan also fro rebuilding the physical economy.( see the LaRouch people and Tarpley etc.)
The alternative, which i think is very negative, is "let the depression do its work" as some say it.That's the opposite school of Keynes and a bad idea as well, cause you enver come out of this one, and you create a snowball effect of deflation and depression as far as the horizon is while even mroe production would eb destroyed and you still have a disproportionally big paper economy, but it all shrunk enormously, everybody bad quality of life, still no solutions.
This 4 power plan of LaRouche is basically the only thing possible. but the problem is that all other major powers have to see they this is no time for hostilitie,s they own sustainability of their civilizations is at stake, if not, you fall apart, beyond a depression without any bottem....new Dark Age.
You also cannot spend your way out of it like Keynesians do, you can spend or dedicate this banking money for all physical economy one time, but you can't continue to bail-out and stimulate the economy like in past period, but neither austerity. Unfortunately, all economists are trained by one or the otehr false school, so it's time for a new model, no not the third way, that's another alternative hoax.Just common sense, how you built ane conomy from scratch is starting with agriculture industries, mining, service economy and a proportional balance, not like banking today with derivatives.
But, it seems that some politicians already made another decision, also a historical pattern of endless situations like this, which is...war. :-(
and some that might get involved are those you need to make agreements with for everybody's good and future actually right now to stop this process for good and start to do some economics isntead of bookeeping and fiscal policies.


-Flying Dutch

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