How the fuck do you run up an overdraft of 14.3 trillion dollars. I am by training an astrophysicist and 1013 is getting to be an astronomical sum.
Because it’ll be less shocking if you read it here first, before you click that link to read the rest of Nick’s post, open the rest of this post, view the graph below, and try not to weep for your family.
“We are fucked beyond any form human comprehension apart from astrophysics. That’s more fucked than Charlotte the Harlot when the England Rugby team are in town. It is fucked supreme. ”
That is eloquence.
I was debating between the one I used and that exact line. I went with the scientific quote.
As a sometimes wise economist said: “If you owe the bank $500,000 and have a yearly income of only $45,000 and cannot pay back your debt, then as a borrower who may wish or need to borrow more in the future, you’re in deep trouble.”
“If you are a nation and owe a debt of $10,000,000,000,000 and cannot pay back your debt, then your lenders are in VERY deep trouble!”
Default now! SELECTIVELY!!!
It’s going to collapse no matter what. It’s going to result in World War sooner or later. It’s much better if we can pick when our criminally flawed semi-fascist international economy collapses, and protect our REAL allies. Other lenders, who have been shamelessly manipulating their currency for several decades in order to capture the entire worlds cheap manufacturing capacity can take a 100% haircut….
Problem solved, except for the World War, but that’s inevitable anyway. Let’s pick the time to provide us the greatest advantage and our enemies the least!
Hugs’n’kisses!
Armageddon Rex