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Very Hot Topic (More than 25 Replies) Deficit Spending, Debt & Printing (Read 2190 times)
SkyChief
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Re: Deficit Spending, Debt & Printing
Reply #90 - Jan 5th, 2020 at 12:47am
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yamcha wrote on Jan 5th, 2020 at 12:14am:
So we should just let them fukk with us and do nothing?  Modern warfare is not like it used to be. He himself said he could make Iran disappear in 10 or 12 seconds.
Trump often makes impossible claims.  It drives the left batty, which is good, but it also makes a laughing stock out of the US because everyone knows it's just bluster.

yamcha wrote on Jan 5th, 2020 at 12:14am:
Let's say we put the side any potential political ramification that there may be. If he were to bomb Iran back into the stone age, the people left alive over there can pick up the pieces and start their own democracy if they can do it.
It's not the job of Trump or the US to help Iran start their own democracy.

It's Trump's job to stop the endless wars like he promised us he would, and bring US troops home.

The US has no business waging war in the Middle East.  The US military currently has operations in 7 countries (Afghanistan, Yemen, Iraq, Syria, Pakistan, Niger, and Libya).  We need to cease all aggressions and return home.


        here is 1970s Iran.                              here is Iran today.

See the problem?   We can't fix that with bombs or drone strikes.  What a mess!
  

Governments will always devise ways to deprive an honest man of his money or property, and claim that it's legal.
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yamcha
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Re: Deficit Spending, Debt & Printing
Reply #91 - Jan 5th, 2020 at 1:35am
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SkyChief wrote on Jan 5th, 2020 at 12:47am:
Trump often makes impossible claims.  It drives the left batty, which is good, but it also makes a laughing stock out of the US because everyone knows it's just bluster.

It's not the job of Trump or the US to help Iran start their own democracy.

It's Trump's job to stop the endless wars like he promised us he would, and bring US troops home.

The US has no business waging war in the Middle East.  The US military currently has operations in 7 countries (Afghanistan, Yemen, Iraq, Syria, Pakistan, Niger, and Libya).  We need to cease all aggressions and return home.
http://www.thecommentator.com/ckeditor_assets/pictures/247/content_kabul.jpg

        here is 1970s Iran.                              here is Iran today.

See the problem?   We can't fix that with bombs or drone strikes.  What a mess!


Thanks for the reply, Chief.  Yeah, I remember how Iran was before.  Tehran was called the Paris of the Middle East.thy had chicks wearing mini-skirts too.  The Shaw was great.  By the way, I have about a dozen gold minted coins with the Shaw's face on them, don't know if you are familiar with them.

Of course, 10 seconds is an exaggeration, however, wiping them off the face of the Earth is short time is not.

I also never said it was our job to give them democracy but if we wipe out their theocracy then it can be up to whoever is left to start whatever government they want...after handing over the oil, of course.
  
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Jeff
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Re: Deficit Spending, Debt & Printing
Reply #92 - Jan 5th, 2020 at 8:30am
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yamcha wrote on Jan 5th, 2020 at 1:35am:
Thanks for the reply, Chief.  Yeah, I remember how Iran was before.  Tehran was called the Paris of the Middle East.thy had chicks wearing mini-skirts too.  The Shaw was great.  By the way, I have about a dozen gold minted coins with the Shaw's face on them, don't know if you are familiar with them.

Of course, 10 seconds is an exaggeration, however, wiping them off the face of the Earth is short time is not.

I also never said it was our job to give them democracy but if we wipe out their theocracy then it can be up to whoever is left to start whatever government they want...after handing over the oil, of course.
The Shah, please. Smiley
  

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yamcha
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Re: Deficit Spending, Debt & Printing
Reply #93 - Jan 5th, 2020 at 8:37am
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yeah
  
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kaz
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Re: Deficit Spending, Debt & Printing
Reply #94 - Jan 5th, 2020 at 9:55am
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Jeff wrote on Jan 5th, 2020 at 8:30am:
The Shah, please. Smiley


That's what Iranians who want freedom say over what they have now
  

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Jeff
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Re: Deficit Spending, Debt & Printing
Reply #95 - Jan 5th, 2020 at 10:39am
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kaz wrote on Jan 5th, 2020 at 9:55am:
That's what Iranians who want freedom say over what they have now
If Trump decides to take out the Ayatollahs and Clerics in Iran, what are the chances they will get a Shah as good as the one that was deposed?
  

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Re: Deficit Spending, Debt & Printing
Reply #96 - Jan 5th, 2020 at 11:13am
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Jeff wrote on Jan 5th, 2020 at 10:39am:
If Trump decides to take out the Ayatollahs and Clerics in Iran, what are the chances they will get a Shah as good as the one that was deposed?


Irrelevant since Trump's not going to do that
  

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Jeff
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Re: Deficit Spending, Debt & Printing
Reply #97 - Jan 5th, 2020 at 2:42pm
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Jeff wrote on Jan 5th, 2020 at 8:30am:
The Shah, please. Smiley
According to you, that's not going to happen.
  

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Jeff
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Re: Deficit Spending, Debt & Printing
Reply #98 - Jan 7th, 2020 at 12:03pm
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The Fed continues to pump billions into the repo market:

https://www.zerohedge.com/markets/repo-remains-paralyzed-fed-announces-first-ove...

https://kunstler.com/clustercrappity smack-nation/some-other-people-do-some-other-things/

From the second article:

"The strange action on the repo scene suggests that some big banks are in big trouble, and probably because the “innovative investments” they’ve engineered — as a substitute for the true purposes of capital, such as enabling production of real goods at a profit — are proving once again to be little more than swindles and frauds, like last time. Things like interest rate swaps and credit default “insurance.” Have your eyes glazed over yet? The bottom line is an impressive potential for losses to go critical, multiply daisy-chain style, cascade wildly, and then start wrecking real things — like the supply lines to your supermarket."

Next, he ties it to energy markets, oil in specific:

"Iran’s neighbor, Iraq, is quite a prize oil-wise, and Iran has made significant inroads attempting to gain control of that broken country, even while the USA retains its garrisons there. The region of Iraq closest to Iran, Basra, is overwhelmingly Shia, like Iran, and produces a lot of Iraq’s oil. Baghdad is not so hot to give it up. Remember, the two countries slugged it out through the entire 1980s. About a quarter-million people died in that war. It is surely a high priority for the USA to not let that Iraqi oil slip into Iran’s hands. It’s a zero-sum game, of course, because even Iraq’s copious oil reserves will not save the global economy’s ass, let alone Iran’s economy."
  

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SkyChief
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Re: Deficit Spending, Debt & Printing
Reply #99 - Jan 11th, 2020 at 8:20pm
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tick-tock-tick-tock-tick-tock-



Unprecedented global risk, overhanging global debt plus derivatives and unfunded liabilities exceeding $2 quadrillion!   ($2,000,000,000,000,000).   Shocked

When it blows, duck and cover!  And take a nice bath.  Smiley
  

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