Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality

Iraq Dinar/News is a popular topic among many topics this board offers. You must log in to see and participate in our Dinar sections.

Ever heard of Bitcoin? I encourage you to veiw my 4 minute video about the Bitcoin of Health Care CoinMD. Just load CoinMD.io/StylesMD set up a free 30 day test ride and contact me as needed. I have a Facebook informational page you can request to join for all my mist updates.

Neno

I can be reached by phone or text 7am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2017


The Solution – Debt & Taxes

Share
avatar
Lobo
Moderator
Moderator

Posts : 26975
Thanked : 1438
Join date : 2013-01-12

The Solution – Debt & Taxes

Post by Lobo on Sun 03 Jan 2016, 10:36 am


The Solution – Debt & Taxes

Posted on January 3, 2016 by Martin Armstrong


QUESTION: Mr. Armstrong; I was given your Solution DVD for Christmas by my son. I just began reading your blog for days. This has been an eye opening experience and it has even opened a dialog with my son. So you can teach old dogs new tricks. So my conclusion is that we can step ahead and that we may not overcome death, but taxes do seem to lead nowhere but more taxes. Do you think they will adopt your solution?

ANSWER: We have sold many SOLUTION DVDs on Amazon. It seems to be a great gift to get others to pay attention. Glad that worked with you. The more people who watch this and at least enter the debate, the more likely we can see this solution take hold. But keep in mind, this solution would ONLY emerge after we crash and burn and the current system becomes unsustainable.

We are spending per month, even at these low interest rates, over $20 billion in interest per month on average. What happens when rate rise? The system starts to exponentially collapse. Our problem will be that they are increasing taxes and becoming abusively aggressive in tax enforcement, they they are destroying exactly what made the world economy flourish. But all they care about is holding on to power so they will continue to screw down on society in their own self-interest.


It does not really matter looking at debt as a percent of GDP for the GDP includes government expenditures and fails to realize that it is extracting a portion from society to fund itself which wastes productivity since government does not create anything. Therefore, if government is 100% of GDP as in communism, 33% to 50% in socialism, then the debt to GDP ratio becomes delusional. All countries are in trouble because they are operating on a system that is unsustainable.


This entry was posted in Uncategorized by Martin Armstrong. Bookmark the permalink.

    Current date/time is Mon 22 Jan 2018, 6:04 pm