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Tonight on PBS we had Charlie Rose with :Steve Rattner - "expert on car mfg"Bill Sahlman - of Harvard Uni.Nouriel Roubini - Mr. InfrastructureBill Gross : PIMPcoSteve Rattner rattled that the "USA owes China $2 Trillion"It just strikes me again how stupid and out of paradigm these egg heads are.Does the USA still owe Warren Mosler his money via some bank that it is credited in ? Does the USA still owe Buffett his piggy bank(s)?Does the USA still owe all American's their savings ?NO NO NO NO and NOThey already EARNED the monies and deposited them into accounts, and for China that means a treasury bank account - it's just a special bank account.THE FACT IS THAT THEY ARE NOT SPENDING IT AND CREATING HEAT IN THE ECONOMY.DITTO FOR OPECFOR UKFOR JAPANESEFOR ALL THE REST OF THE HOARDERS WHO ARE SAVING AND NOT SPENDING.WHEN WILL THIS LUNACY STOP ?FAR*#$*&#*$&*#$ !!!!WE DON'T OWE THEM TWICE ...THEY DID NOT GIVE US ANYTHING ...PRINTING MONEY ? NO ! NOT PRINTED ENOUGH TO BEGIN WITH IN ANTICIPATION OF THE GOODS ( TOXIC AND WITH LEAD ) COMING IN THE DOOR.FOR EVERY DOLLAR WE SPEND ON THEIR CRAP, IT IS A DOLLAR INTO THEIR PIGGY BANK - THEIR TREASURY ACCOUNT.
Tonight on PBS we had Charlie Rose with :
ReplyDeleteSteve Rattner - "expert on car mfg"
Bill Sahlman - of Harvard Uni.
Nouriel Roubini - Mr. Infrastructure
Bill Gross : PIMPco
Steve Rattner rattled that the "USA owes China $2 Trillion"
It just strikes me again how stupid and out of paradigm these egg heads are.
Does the USA still owe Warren Mosler his money via some bank that it is credited in ?
Does the USA still owe Buffett his piggy bank(s)?
Does the USA still owe all American's their savings ?
NO NO NO NO and NO
They already EARNED the monies and deposited them into accounts, and for China that means a treasury bank account - it's just a special bank account.
THE FACT IS THAT THEY ARE NOT SPENDING IT AND CREATING HEAT IN THE ECONOMY.
DITTO FOR OPEC
FOR UK
FOR JAPANESE
FOR ALL THE REST OF THE HOARDERS WHO ARE SAVING AND NOT SPENDING.
WHEN WILL THIS LUNACY STOP ?
FAR*#$*&#*$&*#$ !!!!
WE DON'T OWE THEM TWICE ...
THEY DID NOT GIVE US ANYTHING ...
PRINTING MONEY ? NO ! NOT PRINTED ENOUGH TO BEGIN WITH IN ANTICIPATION OF THE GOODS ( TOXIC AND WITH LEAD ) COMING IN THE DOOR.
FOR EVERY DOLLAR WE SPEND ON THEIR CRAP, IT IS A DOLLAR INTO THEIR PIGGY BANK - THEIR TREASURY ACCOUNT.