I do love your work man, but recently your vids have started scaring my gf. She calls you the 'doom man' LOL I have a contrary opinion.
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she should be scared of whats around the corner
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Maybe, Stefan is one of the most powerful speakers on the platform. He could sell me a broken toaster, that's why I watch him
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Agree with your general observation. I extend it to our entire form of government. This constitutional democracy is no longer working for us, and continuing to trust it to work is cliched insanity (repeating the same things over and over again expecting a different result.)
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Get your followers to look at the ben shapiro tweet ... boycott
@MSNBC advertisers. If we don't, they win. - 1 more reply
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I don't think the national debt is an issue, the government is a currency issuer so it can always repay it's debt, over spending being full capacity may cause inflation, but it can never default /1https://www.nakedcapitalism.com/2009/10/all-debt-is-not-created-equal-government-debt-is-not-the-same-as-private-debt.html …
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Even if spending exceeds full capacity and starts causing inflation, they can raise the taxes to reduce the money in the economy and aggregate demand, bringing it back to a non inflationary point. Clearly this isn't "ruining the economy". /2
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Protectionism and decreasing our trade deficit will bring in more money from abroad and raise our aggregate demand, decreasing our need for deficits. /3
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Also, the limits to spending before inflation are quite high, for example Japan had a deflationary spiral for decades despite record low intrest rates and a massive 250% of GDP debt. https://youtu.be/JLoPNGX0jL0 /4
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This is so http://racist.Lol .https://t.co/020KuT03Ax
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With this kind debt you can't have social security--you said. Total 38,562 billion borrowed. vs (8,027.5 Deficit = Justifiable). 30,534.5 Off-Budget = 2,400 bailouts & overseas mil ops. 28,134.5 = Non-Justifiable--&-- non-rationalizable. See Graphicpic.twitter.com/mpfH5ydAZz
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With collections and fiat borrowing, it's 94.32% the value of income. Put GDP growth against face value devaluation and it drops to 87%. Yet, consider face value devaluation of fed. mortgage pools & sponsored enterprises & it's 104% the value of income.
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Even if Reagan said, "No nation has survived a tax rate exceeding 1/3rd of national income," which even if we set GDP growth against devaluation, I think it's time to look at the returned value & cut out all the welfare queen like rhetoric--given the value taken.pic.twitter.com/AXTCwtcmCf
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Trump is a sure sign of the end of the american empire. If they don't get their shot together soon it will crumble.
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