A China "TARP" and it couldn't happen to a nicer set of leaders.
The real question, Peter, is how much will this cost the US taxpayer?
If the Feds could just 'seize' the pension funds, 401s, and everything else, even the equity in our paid for homes or our not yet paid for homes, 'deem' us a UBI at retirement age, they could kick the worldwide PONZI scheme down the road for what, another 4 to 5 years?
That's an interesting question. Given the globalized and integrated state of the world economy, it seems certain there will be some impacts of Chinaās economic crisis accruing against America.
Let me noodle on that a while. (I sense an article forming!)...
For today: š(finger pointing right at Chiii-na) šš¤£šš¤£šš¤£ Couldn't happen to a better communist!
There is a certain karmic element to what is unfolding there.
A China "TARP" and it couldn't happen to a nicer set of leaders.
The real question, Peter, is how much will this cost the US taxpayer?
If the Feds could just 'seize' the pension funds, 401s, and everything else, even the equity in our paid for homes or our not yet paid for homes, 'deem' us a UBI at retirement age, they could kick the worldwide PONZI scheme down the road for what, another 4 to 5 years?
How much will this affect the American taxpayer?
That's an interesting question. Given the globalized and integrated state of the world economy, it seems certain there will be some impacts of Chinaās economic crisis accruing against America.
Let me noodle on that a while. (I sense an article forming!)...