Sonntag, 14. August 2011

Die kalte harte Wahrheit

"The cold, hard truth is that we, along with the other western nations, have run into the wall of spending other people's money. Eventually the "other people" run out of money - or credit. Unbacked credit emission is a scam - it is nothing more than promising to work tomorrow for that which you want to consume today. When used for speculation or consumption it is a Ponzi scheme that must eventually collapse, as anyone who has the mental fortitude to spend 5 minutes with Excel can ascertain."

Insanity: Doing The Same Thing That Failed

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