- Joined
- Dec 29, 2015
- Messages
- 45,404
- Reaction score
- 11,746
- Location
- Olympia Wa
- Gender
- Male
- Political Leaning
- Other
It's a real problem with the debt and the economic imbalances and the growing risks of major war. But it won't make it easier, if we produce t-shirts at American prices. Europe should reintroduce national currencies and we should learn how to be more competitive.
Again, the current system is toast. We need to make sure that we can take care of ourselves during the coming super depression, as global trade will at that point likely grind to a halt. The brits are getting ready, over the last 20 years they have lost the majority of their production capacity but with a hard BREXIT much of it will be coming back. I also point out that the major reason in my opinion that Greece did not do what they needed to do in leaving was because they too have lost most of their production capacity, and with their horrible financial condition they have no ability to rebuild it so they got stuck needing to stay in the EU, which is a train to certain doom for them.
American needs to at the 11th hour get ready for what is coming as best we can, we need to rebuild the place, taking on more debt that will never be paid if need be.
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