The future of our economy

>The Book of Revelation has reference to the world economic system failing before the end.

Define "failing." Does this include regressing to the world historical norm? When in NT times did the norm include a very large middle class?

 

Any why do you think that is? How about ever burdensome taxes and regulations? How about making it difficult for start-ups and small businesses to enter into the fray and compete? The competition now is using cheap labor from abroad to maintain low prices rather.

Reduce the barriers to entry and reduce and eliminate some of the taxes and regulations here and we will see more start-ups, more small businesses, more competition, and lower prices caused by productivity that doesn't require cheap foreign labor.

 

You are right. The Keynesian effort to prevent market corrections has been proven to be a radical failure. I don't know why people can't see it. The GD was a Keynesian debacle to begin with and so is this one.

 

Since you asked, I think it is because the international corporations want to see the end of the US middle class. When the unions are gone and 80% of us are working poor, then labor will be an international commodity to be used and discarded.

 

Yup they want wage slaves not free and independent people. Globalization is the vehicle that is driving us there.

Ron Paul at SRLC: Predicts an Inflationary Depression and Dollar Crisis

http://www.youtube.com/watch?v=c0wcXeEDCz4

Ron Paul Speaks on the coming Greatest Depression

http://www.youtube.com/watch?v=JH58u8wzj9o&feature=related

Economist Predicts Greatest Depression In History 5/31/09

http://www.youtube.com/watch?v=tYDPZkWwzwk&feature=related

Want to know more?

http://www.trendsresearch.com/index.php

http://www.trendsresearch.com/forecast.php

 

The problem? You. Me. We want cheap stuff. We'd rather pay $100 less for a Chinese TV than an American one.

Total bull about people wanting rid of the so-called middle class. Why would any business want to lose purchasers/consumers? Think, people.

 

True. Here's the small area where the crotchety old man Ron Paul makes some sense. We have two Keynesian parties in this country. Unless and until we get a real alternative, we're in trouble.

 

I cannot give a time frame but I do believe we as a nation will go under and become like a third world nation. First keep in mind that IF the current debt problem was fixable the congress would have done so as they all know their jobs are on the line. As any lying politician will do they are now only trying to cover up the mess they have us in and putting off what it going to happen for a little longer down the road.
Let's look at some numbers.We are currently over 14 trillion dollars in debt. Actually 14.4 but who is counting. http://www.usdebtclock.org/ One trillion is a million dollars a day, every day, for 2739 years. We are over 14 times that in debt. We are currently borrowing 4 billion dollars a day to pay our bills. One billion is 1000 one million dollars bills. We are borrowing 4 times that every day. Just to break even we would have to cut spending by over 1 trillion a year or raise taxes that much or do some of both. That is just to break even and that is impossible much less pay down the debt. So what I believe is we will default in the near future and fall from the world standing making our money like that of Mexico making us a third world country. So get ready to lose just about everything.

 

The key word here is business Tom. Business needs customers. Business tries to gain customers by being better, faster and cheaper than the next business.

It's the monopolies that want to get rid of the middle class, in particular the global monopolies. Monopolies don't have to bother chasing after customers or being better, faster and cheaper than the next monopoly. Buy from us . . . you got nowhere else to buy it! Pay what we demand because . . . your only other choice is to go without! They don't compete against each other if they can buy or force the other out.

Competition among business means better quality goods and services at reasonable prices.

Monopolies means the opposite.

Why would a global monopoly want to get rid of the middle class in the USA or any other country? The monopoly men want wage slaves not wage earners.

Besides having a strong middle class of producers doesn't fit in our globalcratic elite's (unelected global finanicial oligrachy) vision of a one world government.

Poor broken people are easier to control. They tell us that the build up of a huge militarized police state here is to keep us safe from "terrorists". Trouble is when the people have finally had enough of being used up and ripped off they'll start revolting, and then we'll understand that we the people are the terrorists our government is so frightened of because that wonderful police state of "ours" will come crashing down on us in full force.

Think Tom, think. Better yet become informed, then think.