National debt increasing at the rate of $100 billion per month ( Archived) (8)

Oct 21, 2012 12:57 PM CST National debt increasing at the rate of $100 billion per month
factsrknown
factsrknownfactsrknownWaleska, Georgia USA5 Threads 61 Posts
The national debt is increasing at the rate of $100 billion per month and this "will" eventually debase the U.S. dollar. Just how long that takes is NOT a question of if it will, but when it will. Our concern should be the future deterioration of the greenback, an ever expansive money supply and the rising U.S. national debt. This will eventually push domestic inflation and interest rates much higher! It will be negatively impacting the American economy, our equities, and make rampant inflation the way of life we pass to our children.
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Oct 23, 2012 8:53 PM CST National debt increasing at the rate of $100 billion per month
Foxxie
FoxxieFoxxieBrisbane, Queensland Australia40 Threads 7 Polls 276 Posts
Time for a no profit massive infrastructure program to get employment and business moving world wide.

Sometimes you need to spend money where no business people would even think of spending it to achieve a long term massive return.
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Oct 24, 2012 9:08 AM CST National debt increasing at the rate of $100 billion per month
Godsgift
GodsgiftGodsgiftEnnis, Clare Ireland251 Threads 13 Polls 10,040 Posts
factsrknown: The national debt is increasing at the rate of $100 billion per month and this "will" eventually debase the U.S. dollar. Just how long that takes is NOT a question of if it will, but when it will. Our concern should be the future deterioration of the greenback, an ever expansive money supply and the rising U.S. national debt. This will eventually push domestic inflation and interest rates much higher! It will be negatively impacting the American economy, our equities, and make rampant inflation the way of life we pass to our children.


Just ask Germany for a bail out. They have loads of money. grin
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Oct 24, 2012 2:54 PM CST National debt increasing at the rate of $100 billion per month
factsrknown
factsrknownfactsrknownWaleska, Georgia USA5 Threads 61 Posts
Foxxie: Time for a no profit massive infrastructure program to get employment and business moving world wide.

Sometimes you need to spend money where no business people would even think of spending it to achieve a long term massive return.


Like O did in "green" energy? OMG look at all the failures that went bankrupt in few months later.
Evergreen Solar ($24 million)*
SpectraWatt ($500,000)*
Solyndra ($535 million)*
Beacon Power ($69 million)*
AES’s subsidiary Eastern Energy ($17.1 million)
Nevada Geothermal ($98.5 million)
SunPower ($1.5 billion)
First Solar ($1.46 billion)
Babcock and Brown ($178 million)
EnerDel’s subsidiary Ener1 ($118.5 million)*
Amonix ($5.9 million)
National Renewable Energy Lab ($200 million)
Fisker Automotive ($528 million)
Abound Solar ($374 million)*
A123 Systems ($279 million)*
Willard and Kelsey Solar Group ($6 million)
Johnson Controls ($299 million)
Schneider Electric ($86 million)
Brightsource ($1.6 billion)
ECOtality ($126.2 million)
Raser Technologies ($33 million)*
Energy Conversion Devices ($13.3 million)*
Mountain Plaza, Inc. ($2 million)*
Olsen’s Crop Service and Olsen’s Mills Acquisition Company ($10 million)*
Range Fuels ($80 million)*
Thompson River Power ($6.4 million)*
Stirling Energy Systems ($7 million)*
LSP Energy ($2.1 billion)*
UniSolar ($100 million)*
Azure Dynamics ($120 million)*
GreenVolts ($500,000)
Vestas ($50 million)
LG Chem’s subsidiary Compact Power ($150 million)
Nordic Windpower ($16 million)*
Navistar ($10 million)
Satcon ($3 million)*
Businessmen are far better at picking what biz to invest in than Gov by far. Other peoples money gets wasted too often and investing your own money makes you do more research and find companies worth investing into.
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Oct 24, 2012 6:27 PM CST National debt increasing at the rate of $100 billion per month
RayfromUSA
RayfromUSARayfromUSAvienne, Rhone-Alpes France86 Threads 29 Polls 6,611 Posts
When hyper-inflation kicks in
at first some folks will grin
they can pay off their old loans with a can of beans
but when their stock of beans runs low
there'll be no place left to go
for the price will be, by then, beyond their means

Any savings tucked away
will lose value every day
so we'll have to spend as quickly as we're able
And we won't discriminate
money dwindles if we wait
we'll be lucky to put something on the table


shelves will empty in the store
long lines waiting at the door
got to spend it quick before it disappears.
the consumer nation's done
don't complain, we had our fun
now the cattle will be lean for seven years
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Oct 24, 2012 8:18 PM CST National debt increasing at the rate of $100 billion per month
Foxxie
FoxxieFoxxieBrisbane, Queensland Australia40 Threads 7 Polls 276 Posts
factsrknown: Like O did in "green" energy? OMG look at all the failures that went bankrupt in few months later.
Evergreen Solar ($24 million)*
SpectraWatt ($500,000)*
Solyndra ($535 million)*
Beacon Power ($69 million)*
AES’s subsidiary Eastern Energy ($17.1 million)
Nevada Geothermal ($98.5 million)
SunPower ($1.5 billion)
First Solar ($1.46 billion)
Babcock and Brown ($178 million)
EnerDel’s subsidiary Ener1 ($118.5 million)*
Amonix ($5.9 million)
National Renewable Energy Lab ($200 million)
Fisker Automotive ($528 million)
Abound Solar ($374 million)*
A123 Systems ($279 million)*
Willard and Kelsey Solar Group ($6 million)
Johnson Controls ($299 million)
Schneider Electric ($86 million)
Brightsource ($1.6 billion)
ECOtality ($126.2 million)
Raser Technologies ($33 million)*
Energy Conversion Devices ($13.3 million)*
Mountain Plaza, Inc. ($2 million)*
Olsen’s Crop Service and Olsen’s Mills Acquisition Company ($10 million)*
Range Fuels ($80 million)*
Thompson River Power ($6.4 million)*
Stirling Energy Systems ($7 million)*
LSP Energy ($2.1 billion)*
UniSolar ($100 million)*
Azure Dynamics ($120 million)*
GreenVolts ($500,000)
Vestas ($50 million)
LG Chem’s subsidiary Compact Power ($150 million)
Nordic Windpower ($16 million)*
Navistar ($10 million)
Satcon ($3 million)*
Businessmen are far better at picking what biz to invest in than Gov by far. Other peoples money gets wasted too often and investing your own money makes you do more research and find companies worth investing into.


You missed the point. I am talking about something not designed to make a profit that through its development creates a large number of jobs and grows related industry and small business.

Are you suggesting that the Hoover Dam was a mistake? Perhaps it should be dug up then. Often in these kinds of developments the profit made is the increase in technology and infrastructure that can then in turn be used by the very business men and women you describe in their own external projects to make money.

Stop thinking with your wallet and start thinking with your head.
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Oct 25, 2012 12:01 PM CST National debt increasing at the rate of $100 billion per month
Foxxie
FoxxieFoxxieBrisbane, Queensland Australia40 Threads 7 Polls 276 Posts
In response to: The national debt is increasing at the rate of $100 billion per month and this "will" eventually debase the U.S. dollar. Just how long that takes is NOT a question of if it will, but when it will. Our concern should be the future deterioration of the greenback, an ever expansive money supply and the rising U.S. national debt. This will eventually push domestic inflation and interest rates much higher! It will be negatively impacting the American economy, our equities, and make rampant inflation the way of life we pass to our children.


First of all - when did I ever say a thing about wind power? Why do you seem to think I am some weed smoking greenie?

Secondly - the whole dams issue is nonsense. The dams are not overbalancing the world. Total hogwash.

Lastly - the very fact that you grew up with a father who was a banker is EXACTLY why you cannot conceive why the world is not always about money. It is also why you cannot understand that a government endeavour can make money flow within the community and in private enterprise (both large and small) without actually returning a profit in itself.
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Oct 25, 2012 3:24 PM CST National debt increasing at the rate of $100 billion per month
factsrknown
factsrknownfactsrknownWaleska, Georgia USA5 Threads 61 Posts
Lastly - the very fact that you grew up with a father who was a banker is EXACTLY why you cannot conceive why the world is not always about money. It is also why you cannot understand that a government endeavour can make money flow within the community and in private enterprise (both large and small) without actually returning a profit in itself.

Like it or not the fact is simple EVERYTHING has a cost, and for jobs that equals money. "IF" any Gov could do as you say why does EVERY gov spend so much? Why is almost every Gov in deep financial trouble? The Govs say they are working to make jobs! They do a REALLY crappy job of that, but who said they were intelligent?

YOU said dams, not me, so I covered energy as thats why the dams were built. Just because you choose not to believe the geologists about the dams is not my problem.
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