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![]() John Smith wrote: It has enslaved people to debt for the last 40 years here, at least. As the public servants, wall street, banksters, federal reserve, etc. have become more corrupt and unethical, they have abused the ability of the flawed debt system to extract ever increasing "productivity" (read slavery here) out of those living under the system. You fail to understand the meaning of "slavery" Slavery is forced servitude. People are not forced to go into debt The huge debt binge in the US (and Europe) in the last couple of decades was because people believed that borrowing was the road to riches borrowing because you believe that the assets will grow in value faster than the interest cost If the theory is valid the more you borrow the more you make Today after the fall of value in housing, pension and stock most of the public no longer believes that theory the only ones still operating under that theory today are the ones borrowing to buy gold and other commodities that are perceived to be rapidly increasing in price When those bubbles pop there will be darn few left willing to borrow as a means of winning the lottery -jim You only need your eyes and a full appraisal/analysis of where we are now to realize that, no obfuscation necessary! Regards, JS |
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