Dr No
[Moderator Omega - Wristscan]
37657
National debt : GDP is the essential . . .
. . . reason. Prior to the Great Depression, the ratio was ~ 1 : 10. Prices were either stable or tended to decline.
From the '30s thru the '70s, the ratio was ~ 1 : 4. Prices grew but at a slow pace.
Since the '80s, the ratio has continuously dropped to where it is now, 6 : 5.
Bottom line: it's the balance sheet. We owe.
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o(*ļæ£ā½ļæ£*)ć Almost two decades ago....
As un of them thar bono-FIDE 'mericans, #FloridaMan knows... he foresaw this.... Also enjoy travelling and seeing how other countries perceive... First up is from Budapest, Hungary, as it seems Lady Libery and Lady Luck are quite...... Below is what event...
Ha! That's quite the find
Those new bills do look different from what we're used to. The security features have really evolved over the years. Thanks for sharing this always interesting to see how currency design keeps advancing. Bill
Well, very true, however the Euro isnāt to far behind itā¦
The West all together, is collapsing at a very rapid paceā¦
I could solve the currency issue in one sentence:
Ahemā¦the age of retirement in the United States is 75. When social security was conceived in 1935 life expectancy in the United States was 61.7 only one out of 13 Americans ever received benefits. That is why the dollar has been devaluedā¦END OF STORY. ...
National debt : GDP is the essential . . .
. . . reason. Prior to the Great Depression, the ratio was ~ 1 : 10. Prices were either stable or tended to decline. From the '30s thru the '70s, the ratio was ~ 1 : 4. Prices grew but at a slow pace. Since the '80s, the ratio has continuously dropped to ...
Yes exactly
they are inter related. But the critical issue is that we propped up social security with funding that came from other places ie. more than what came from taxpayers. It was never designed to allow people to āretireā for thirty years. Most people died in t...
. . . and, to make matters worse, the surpluses that accumulated the first three decades of Social Security's existence . . .
. . . have been drawn upon for general purpose spending. The reckoning is coming. Art
Well said my friend!
You have written on this bill in polite form - I would have used language that is not suitable for women or children ha!