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Jim Rogers – US Debt Is MUCH Bigger Than Declared!


thejimrogersblog

Venture Capital, Katie Pilbeam talks about the worrying new estimations on US debt figures with Jim Rogers, a legendary investor author of Street Smarts: Adventures on the Road and in the Markets. As Europe bears the burden of austerity, million-euro salaries continue to be dished out to bankers

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  • Ryan Rindt

    Ryan Rindt • 3 minutes ago?

    In the 80’s the US inflation rate was over 20% because of the velocity levels. That 25% inflation rate was necessary to counter a 115% overature in fiat printing (vilocity). Current vilocity levels pending, 100 x 115 = 115,000 = MELTDOWN! Near 0% Interest rates for over a decade and all the quantitative easing, please!! No sh#@ this economy is in the tank. It’s not real money, it isn’t real debt, Iit’s only real slavery if we sign ourselves on to it.Life is bliss and cheap, your family is your enemy, devour, endure, indulge and I wont have to rape, for it will be stricken from the vocabulary.Your worst nightmare. . .