Thread: Jaws of DEATH
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Old 03-30-2012, 10:32 AM   #5
ruforumczspam

Join Date
Oct 2005
Posts
430
Senior Member
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Interesting look at the train wreck.

The SQUANDERING of WEALTH and CAPITAL is BREATHTAKING in its immensity throughout the developed world. In no place is capital investment taking place except in windmills and solar power. All capital is going to CONSUMPTION, not self-liquidating capital investments. Rewards that go to the savers and private sectors for virtuous behavior, job creation and wealth creation are PUNISHED. So there will be LESS of it. Would someone please show me where government spending is going into something PRODUCTIVE and produces more than it costs?
We are at the Von Havenstein moment: it is easier to PRINT the money rather than curtail the benefits. Von Havenstein was the central banker to the Weimar republic. HA!
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