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the economic equivalent of '40-'44


"increasing national debt helped deleverage households by restoring income and helping decrease their debt"

exactly

nice comments

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i recommend uncle engineer a vicious stagnation
in household credit outstanding
by rationing credit lines/mortgage amounts not rates of course
and uncle running a massive off set fiscal deficit

with mark up cap and trade to put a lid on the cooker

watch wages fly high baby and profits squeeze down under uncle's ever lower limbo stick

easy once we the wage weeble majority
put our agents
in control of the commanding heights

of course neither of herr toma's two party poopers
has a core with any interest at all
in ending corporate domination of the economy
or its regulatory fiscal and monetary policy

then again ..its a living they offer eh??
for most of us...ya a few less then a while ago but we drift forward despite all corporate oars pulling us back ...and in the oblong run we complete a political orbit
if that ain't deep progress at least its change
and as i say there's the drift ....

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but back here on planet x


i note the scare tactic --bluff really--
about the default decision
that oughta be easy for those with no prospect of
additional credit
the plastic economy ain't all its cracked up to be
if you look at it from the wrong end like these folks do

the game made sense when credit standards were vanishing
hop on the credit wheel on the way up
but if basically you're a bad risk

jump off when the wheel starts turning back downward
you got all yer gittin so take a powder ..scat
jump free before the down turning wheel tries crushing u under it

...
"The culprit is of course Fractional Reserve Banking"

well.... fractional something at any rate
its always a part
its never the whole's fault

simple 2 d geometric proof availible on demand at

kapshow@hotmail.com

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