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Thread: The World's Financial Turmoil ...

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  1. #51
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    Default Re: The World's Financial Turmoil ...

    Quote Originally Posted by miktay View Post
    Why does China lend US money?
    Is this another ring-ah ring-ah posey again?

  2. #52
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    Default Re: The World's Financial Turmoil ...

    Quote Originally Posted by lexbarker View Post
    Is this another ring-ah ring-ah posey again?
    What do YOU think?
    To those who understand, no explanation is necessary; to those who do not, none is possible.
    Nathaniel Branden, "Social Metaphysics."

    Treat a man as he is and he will remain as he is; treat a man as he can and should be and he
    will become as he can and should be..

    -Goethe

    I shall be glad to hear from you, since questions have have always interested me; questions, not
    debates - I have given those up long ago. Life itself is a quotation.


  3. #53
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    Default Re: The World's Financial Turmoil ...

    Quote Originally Posted by letric View Post
    What do YOU think?
    I don't think anything. What about you?

  4. #54
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    Default Re: The World's Financial Turmoil ...


  5. #55
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    Default Re: The World's Financial Turmoil ...

    Quote Originally Posted by Sly1 View Post
    This is the legacy of Keynesian economics...

    Politicians spend what they do not have. Keynes has made this de rigeur.

    Politicians spend the taxpayers money.

    Politicians and Central Bankers resort to monetizing the deficit aka printing money.

    Thiz is done in China, the US, the UK, the Eurozone, India and Brazil

    Thiz is done in sweet sweet Trinidad and Tobago.

    Thiz iza global issue.

    They taxpayer iz left holding the cat in bag.

    Cheap money iz addictive.

    Cheap money iz crack cocaine to the politcian and central banker.

    Thiz will not stop.

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    Default Re: The World's Financial Turmoil ...

    And john Q public has not way to stop 'their' addiction

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    Default

    Quote Originally Posted by Sly1 View Post
    And john Q public has not way to stop 'their' addiction
    Not at the moment. Tho Tom Dick and Harrylal have a new-ish tool to share info.

    Internet iza wondrous ting...

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