World Recession?..what?

Larry Gude

Larry Gude

Strung Out
b23hqb said:
We have millions here in the US that produce negative nothing. They take, and then reproduce more that take. Exponential negative producers.
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Both parties support that as well as allowing more immigration so that it makes it virtually impossible to get people off welfare.

So, what to do? If you could?
 
GURPS

GURPS

INGSOC
PREMO Member
MMDad said:
GDP is negative? Is that even possible? That would mean that not only do you produce nothing, you produce negative nothing.
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coming soon to a bank near you ... negative interest - you pay the bank to hold YOUR Money
 
Larry Gude

Larry Gude

Strung Out
Gilligan said:
Even in socialist countries like Greece. Right.:whistle:
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Of course.

It's really that simple; write off debt, raise interest rates, let people borrow money. It is ALL about cash flow and, right now, the cash isn't much flowing and what happens is every entity or person that isn't already in good shape, slowly dies off and fails. It's just that simple. So, then, those who were doing well simply pick up more pieces and have even more wealth creating and even larger gap and an even more difficult problem due to excess consolidation; too big to fail, Orwell.

At issue is the fact that the large entities got bailed out and did NOT have to pay for their failures so, that destroyed any semblance of a real market economy. We KNOW they will get bailed out as needed so, why not Greece? Why not anyone? Worse case, the large creditors just get bailed out again and in the meantime the economy gets moving again because cash gets flowing again because it stops going to dead debt and starts going to new economic activity WHILE the creditors earn real interest which reinforces a healthy economy because that is earnings and not bail out.
 
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