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HardcoreVeritas's avatar

There is NO WAY out........except total collapse.

Those who talk about solutions to the problem, do not understand the system or the problem.

Money is borrowed into existence......at interest. The interest is not borrowed into existence, so there is always more debt AND interest than there is money in existence.

People talk about the Fed raising rates to "fight inflation." Hell, the Fed is raising rate to generate more inflation. They need the inflation. They love the inflation. Has inflation gone down, since they started raising rates on the biggest mountain of debt the world has ever seen? Hell no! Look at the increase in debt since they started raising rates. The world is awash in debt. Raise the cost of debt, and you raise the price on everything.

You are not going to get these people running this shit show to act responsibly. We passed any hope of that a couple of decades ago.

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Tankster's avatar

Like that internet meme pic in Mandarin and English: Carefully Fall Into The Cliff. This may be less orderly than that.

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