Tag Archives: greece
Men Like This Are Why Tyrants Fear Free Speech.
Related Posts:greece and debt and all that nice stuffa sliver of irony that brightens my day, and sobers me upTen Things to ReadWhat Gary North Didn’t Tell You about Inflationnow watch the five-year treasury
A possible hyperinflation scenario for the United States
Let’s imagine that we lived in an insane country with a national debt at about 100% of GDP, a monetary base of 2645 billion dollars, and a deficit of 1388 trillion dollars. This will be easy for those of you who live in the Greece. Or the US. This country has a national of about [...]
Posted in uncategorized Also tagged debt to gdp ratio, economics, hyperinflation, interest, republican party, united states Leave a comment
immured
In response to a general Christian befuddlement over the relationship of the modern reader to biblical law, and as a result of a number of interesting and enlightening discussions that seem to be popping up quite often, I have been spurred on to a more thorough study of the works of the much-maligned and little-understood [...]
greece admirably cleaning up its act
Story here. Greece, finally learning the difficult lessons of financial sanity, is beginning to take serious steps toward balance. First, they’re offering some 6,000 islands for sale or long-term lease. Considering that the islands are for the most part just sitting unused, that’s an excellent idea. Some millionaires will own some islands, while Greece is [...]
Posted in bloated government Also tagged banking, islands, national debt, railroads, water 3 Comments
greece and the psychology of redistribution
I feel sympathy for the notion that government ought to help out the less fortunate by giving them benefits and jobs and money and whatnot. There’s just one problem: whatever the government giveth it taketh away from someone else. It’s an iron law of government. It’s the only way redistribution can work. Related Posts:Hans Hermann [...]
Posted in economics Also tagged democracy, hans hermann hoppe, mob rule, peter of family guy, redistribution, redistributionist mentality, violence Leave a comment
greece and debt and all that nice stuff
I keep coming back to issues of national debt. That’s because the concept of national debt is one of the most important concepts anyone can understand. As I write this, by the way, US national debt is at approximately 12 955 billion dollars, or 117 744 dollars for each of us poor taxpaying saps. The [...]
Posted in uncategorized Also tagged banking, debt, dick bove, national debt, rochdale, taxation without representation Leave a comment
a sliver of irony that brightens my day, and sobers me up
I’m in a political science class right now, which a friend recommended, and it’s been an eye-opener for understanding exactly how ingrained in American thinking our obsession with democracy is. And the professor’s not attacking democracy. The case is exactly the opposite–we have a professor whose unqualified praise of democracy should make those who watch [...]
Posted in uncategorized Also tagged irony, italy, national debt, pigs nations, portugal, spain, welfare state 3 Comments
Does this make me alarmist? Maybe . . .
The nation of Greece is currently at the center of a debt meltdown due to its ridiculously high spending habits in the past. Thanks to out-of-control spending, the Greek national debt has climbed to about 113% of GDP. A result of that is that investors consider Greek debt more risky, and are only willing to [...]
Posted in bloated government, speculation Also tagged european union, gdp, gross domestic product, interest rates, national debt, ronald reagan, united states, warren buffet 1 Comment
How Life in a Debt Crisis Works