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  1. 28-08-2016, 10:16 PM #11
    JBmurc
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    the US economics a big ponzi scheme (much like many economies)

    Michael Burry -predicted the GFC and profited from it >>

    https://www.youtube.com/watch?v=fx2ClTpnAAs


    the FED alone took on 2 trillion in bad debts (many thanks to Bailouts of failed bankers mistakes)

    1 trillion seconds is 31,709.8 years !!

    Within only a few more years 2020 the US will be finding hard just to pay interest on its soon to be 20 trillion in debt....from income tax

    Happy to be holding Silver Bullion and will continue to BUY n HOLD nil debt attached

    Also the USA is far from the worse .....JAPAN , EUROPE etc pretty much all emerging economies >> HUGE DEBT to income tax
    Last edited by JBmurc; 28-08-2016 at 10:20 PM.
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