Home › Forums › Financial Markets/Economics › Debt Clock
- This topic has 28 replies, 8 voices, and was last updated 13 years ago by markmax33.
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November 28, 2011 at 3:01 PM #19321November 28, 2011 at 3:22 PM #733488CoronitaParticipant
Let me guess. We should vote for Wrong Paul.
November 28, 2011 at 4:12 PM #733490Allan from FallbrookParticipant[quote=flu]Let me guess. We should vote for Wrong Paul.[/quote]
FLU: Either that or unplug the debt clock.
November 28, 2011 at 4:56 PM #733491The-ShovelerParticipantUn-plug the Debt clock!!
As long as there is a fed, there will never be a day where we don’t sell 100% of all U.S.A. treasuries put up for auction.Also:
There will never be a day where we absolutely must have anything from any other country that we cannot produce ourselves or trade for food.November 28, 2011 at 5:40 PM #733492scaredyclassicParticipantI remember the debt clock installed in NYC in the 80s accumulatingl wildly.
Seemed like disaster was imminent then.
November 28, 2011 at 6:14 PM #733496svelteParticipant[quote=Allan from Fallbrook][quote=flu]Let me guess. We should vote for Wrong Paul.[/quote]
FLU: Either that or unplug the debt clock.[/quote]
lol. well played, sir.
November 28, 2011 at 7:12 PM #733497scaredyclassicParticipantSnooze button?
November 28, 2011 at 8:11 PM #733498CoronitaParticipant[quote=svelte][quote=Allan from Fallbrook][quote=flu]Let me guess. We should vote for Wrong Paul.[/quote]
FLU: Either that or unplug the debt clock.[/quote]
lol. well played, sir.[/quote]
Maybe it will have the Y2K38 bug and wrap around to a negative number after 2038..and hence we would no longer have debt, but instead a huge credit balance.
November 28, 2011 at 10:14 PM #733504briansd1GuestIf the money was conjured up, can’t it be conjured away?
I like Arraya’s idea of a science (not money) based approach to resource allocation. I’m intrigued as to what that might be.
November 29, 2011 at 6:11 AM #733511CoronitaParticipant[quote=walterwhite]I remember the debt clock installed in NYC in the 80s accumulatingl wildly.
Seemed like disaster was imminent then.[/quote]
So if we need to unplug the new york debt clock, who’s responsibility do we think it is? Is it going to be within federal jurisdiction using a federal zombie or within new york state jurisdiction using a NY state zombie?
November 29, 2011 at 6:47 AM #733513scaredyclassicParticipantdebt clock is privately owned. 2nd generation running it now. was a real estate developer from nyc! check wikipedia.
maybe we need an analog clock instead of a digital. it would move slower, right?
just make the divisions in trillions and it would be barely budging.
have you guys heard of the ten thousand year clock? was some weird concept clock that moved really slow.
November 30, 2011 at 9:54 AM #733593markmax33Guest[quote=Allan from Fallbrook][quote=flu]Let me guess. We should vote for Wrong Paul.[/quote]
FLU: Either that or unplug the debt clock.[/quote]
You guys don’t care about your children if you let this debt continue to explode. Kind of sad…
November 30, 2011 at 10:01 AM #733594The-ShovelerParticipantYou will notice that the U.S.A Fed Bank loan to the EU central bank does not get added to the U.S.A Debt clock !!
Making my point (theory) that worrying about out federal Debt is meaningless because it is an illusion designed to control and stabilize resources and labor.And can be quickly done away with by the Fed Bank.
The fed cannot keep any interest it makes and must return any profit to the U.S. treasury at the end of each year (that is key ).
November 30, 2011 at 10:07 AM #733595CoronitaParticipant[quote=markmax33][quote=Allan from Fallbrook][quote=flu]Let me guess. We should vote for Wrong Paul.[/quote]
FLU: Either that or unplug the debt clock.[/quote]
You guys don’t care about your children if you let this debt continue to explode. Kind of sad…[/quote]
We do, we just think you’re kind of a lunatic, like a chicken with it’s head cut off, running around screaming the sky is falling. I think it’s kinda frightening you worship the guy in a cult-like way.
What you’re telling us isn’t what we already don’t know. Yeah, the debt clock. Seen it….Next
November 30, 2011 at 10:09 AM #733598markmax33Guest[quote=Nor-LA-SD-GUY2]You will notice that the U.S.A Fed Bank loan to the EU central bank does not get added to the U.S.A Debt clock !!
Making my point (theory) that worrying about out federal Debt is meaningless because it is an illusion designed to control and stabilize resources and labor.And can be quickly done away with by the Fed Bank.
The fed cannot keep any interest it makes and must return any profit to the U.S. treasury at the end of each year (that is key ).[/quote]
The fed hasn’t been audited, how would you know what they have returned our not returned?
Show me a line on the tresury’s balance sheet withe “interest money returned by fed”.
Federal Debt is meaningless? Isn’t this why we broke away from England to begin with? Doesn’t history ALWAYS repeat itself? You are accepting failure.
Show me that the fed has to return interest from the corporations and banks they are printing and handing money out to. You are missing the whole point.
The fed has never stabalized ONE THING. They created the housing bubble from bailing out the tech bubble, bailing out the housing bubble is creating the next bubble. You should be ashamed that America allows this to happen.
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