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Business/Finance
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Title: Debt Bomb to Cripple America...
Source: [None]
URL Source: [None]
Published: Apr 23, 2016
Author: Robert Williams
Post Date: 2016-04-23 13:23:15 by BTP Holdings
Keywords: None
Views: 185
Comments: 4

The next couple of days could be the worst in American history. We just hit a dangerous economic "stress point," and now America is facing a system-wide collapse that could begin without police or firemen on duty. Are you ready for food riots? Gas lines? Bank runs? Armageddon, basically. Click here for a FREE Survival Kit.

click2.wallstreetdaily.com/t/GA/Nc8/QtY/ACVruA/AAIcqA/MzI3NzczfGh0dHA6Ly9wcm8xLndhbGxzdHJlZXRkYWlseS5jb20vNDkxNjkxLz9lbWFpbD1qLmJldGtlciU0MHlhaG9vLmNvbSZhPTI0Jm89MTM3NzUmcz0xNzExMCZ1PTI0NTI0MDgmbD0zMjc3NzMmcj1NQzImdmlkPWtOZmJ1WiZnPTA./AQ/HW-j

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Begin Trace Mode for Comment # 4.

#1. To: BTP Holdings (#0)

In 2006 Schiff started a Hedge Fund to make money out of the coming collapse of the real estate Bubble. The 2008 crash was not as severe as he originally thought because the FED has delayed the Day of Reckoning. His Hedge Fund became the model for the movie the Big SHort. He says the US will lose basic police and fire series. We might even rolling Blackouts. He noticed that people were able to control themselves back in the Great Depression. WE have many more people now than then with (minorities and young whites) being told they are entitled. The cities will be trashed. Schiff is from the Austrian school which is good analyzing Bubbles and Monetary contractions but are terrible at solving the problems which requires Debt Cancellation. 14% of government revenue goes to make interest payments. Schiff expects a huge inflation.

Horse  posted on  2016-04-23   17:22:46 ET  Reply   Untrace   Trace   Private Reply  

14% of government revenue goes to make interest payments.

But not one cent that is collected by IRS on that unlawful federal tax goes to reducing the deficit. This is a proven fact, but IRS will never admit to it. How do I know it is unlawful? Read the law. I have. It is not in there. ;)

BTP Holdings  posted on  2016-04-23   20:22:15 ET  Reply   Untrace   Trace   Private Reply  

If we had a non-interest bearing currency like Lincoln's Greenbacks, there would be no government debt.

Horse  posted on  2016-04-23   20:36:37 ET  Reply   Untrace   Trace   Private Reply  

If we had a non-interest bearing currency like Lincoln's Greenbacks, there would be no government debt.

True. Lincoln spurned the usury of the European bankers and printed the Greenbacks to finance the war. This is one of the reasons for which Lincoln was assassinated. Booth was not a southern sympathizer, but an agent of the European bankers. ;)

BTP Holdings  posted on  2016-04-23   20:51:08 ET  Reply   Untrace   Trace   Private Reply  

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