The subject original message brought several interesting responses including the one from a subscriber to ReturnToExcellence.net that transmitted the above Zimbabwe note along with the message "Doug - An economist friend gave me a Zimbabwe note last week. Zimbabwe abandoned their dollar in the Spring of 2009, so this only has amusement value. Still, I thought you might appreciate the subtle message it leaves." The non too subtle message is that after trillions comes quadrillions.
Left unchecked the U.S. dollar will collapse. Then the IMF/G20 may rescue the U.S. economy with a coordinated debt restructuring. This may include severe entitlements' 'haircuts'. At first, BO may gleam with delight and proclaim that capitalism killed the U.S. and world economy. BO may then expect a promotion – global leader of an economic New World Order (NOW). No way! The IMF and G20 will bluntly rebuke him and ask that he organize communities again. The IMF understands that the private economy must be re-established and allowed to thrive.
The economic NOW may struggle for several years. However new technologies plus global nanny state destruction will catapult the world economy to unprecedented heights.
BO cannot comprehend this. He has never created a dollar of genuine wealth. Finally his days of influence are waning every day as our public debt daily increases by $4-5 billion. Soon, however, Capitalism will thrive as never before!
Our Wall Street Finance VP who also subscribes to the blog responded: "BO's 'social compact' may be part of his extreme ideology and drive to level 'playing field' for all in U.S. and for leveling the U.S. comparatively in the world. This is our 21st Century Karl Marx, a Saul Alinksy disciple.
Left unchecked the U.S. dollar will collapse. Then the IMF/G20 may rescue the U.S. economy with a coordinated debt restructuring. This may include severe entitlements' 'haircuts'. At first, BO may gleam with delight and proclaim that capitalism killed the U.S. and world economy. BO may then expect a promotion – global leader of an economic New World Order (NOW). No way! The IMF and G20 will bluntly rebuke him and ask that he organize communities again. The IMF understands that the private economy must be re-established and allowed to thrive.
The economic NOW may struggle for several years. However new technologies plus global nanny state destruction will catapult the world economy to unprecedented heights.
BO cannot comprehend this. He has never created a dollar of genuine wealth. Finally his days of influence are waning every day as our public debt daily increases by $4-5 billion. Soon, however, Capitalism will thrive as never before!
No comments:
Post a Comment