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Author Topic: THEY are desperate to keep economy going  (Read 426 times)

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Offline Matthew

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THEY are desperate to keep economy going
« on: July 17, 2007, 03:22:06 PM »
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  • Our economy is based on debt, plain and simple. Every credit card purchase and every house or car loan CREATES money (out of nothing) into the economy. When loans are paid back, money is destroyed.

    Our money is debt, plain and simple. If everyone paid off their debts tomorrow, there would be NO money left (and I'm sure all the debts wouldn't even get paid off before the money ran out...)

    Anyhow, in the last 2 days *TWO* companies have called my business (ChantCD.com) asking if I wanted to borrow money, etc.

    And I've never seen so many billboards for crapbox suburban homes. Every homebuilder in the area is throwing all they have at advertising, trying to drum up SOME kind of business, since things are so bad right now as far as housing goes. Speaking of housing collapse, I've also received 2 *large* Lowes flyers in the last 2 months. That isn't normal. I can tell they're worried.

    Matthew
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