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Old 02-22-2019, 03:56 PM
Danny B Danny B is offline
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Join Date: Oct 2012
Location: L.A. Ca.
Posts: 4,489
The kids are NOT allright

Armstrong, " In Chicago, there are thousands of more retired state employees collecting pensions than active workers who are paying into it the pension funds. As reported, in a small suburban district known as the Arlington Heights Park District, there are 432 retirees collecting from that district’s pension fund with only 103 active employees paying into it."
"What is happening in Chicago is indicative of the crisis engulfing Western governments as a whole. These people always counted on an increasing supply of taxpayers. But the birthrate has dropped as well as the marriage rate"

"With over 60% of students now unable to find employment with the degrees they paid so dearly for, the future looks very bleak. They cannot buy homes because of their chronic debts. Marriage is declining and the under-30 generation has a majority that is not interested in even having children"
"The number of babies born in the United States continues to fall dramatically. The birth rate made a new record low during 2017, dropping 7% in a single year,"
"The global warming crowd should be ecstatic. They have reduced the human population growth by about 50%. The crisis now is there will be a shortage of taxpayers to fund their grand projects along with governments. Socialism cannot possibly survive when we exist to feed those in government "
https://www.armstrongeconomics.com/w...ment-pensions/
We're following the lead of Japan. For 3 decades, they have been trying to grow their economy while the population was shrinking.
The Central Bank and the private banks pump liquidity into the speculator loop to keep the monied class well supported. The resulting price inflation has priced the productive class out of the baby market. The FED finds itself locked into preserving the fortunes of the speculators.
Macron in France is the perfect example of the banking class impoverishing the common man. His answer to the growing poverty of the working class,,,, form a European army to smack down any trouble makers.
“Whiff of Grapeshot”

Armstrong has a very enlightening paragraph on the death penalty
https://www.armstrongeconomics.com/i...death-penalty/

China has gone beyond Orwell's worst nightmare.
https://www.zerohedge.com/news/2019-...edit-crackdown
I'm not so sure that this plan is going to work out very well in the long run.
2/22 U.S. Mint sells out of American Eagle coins, 6m sold ytd – Kitco
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