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Re: jugs post# 1865

Thursday, 03/31/2016 3:15:30 PM

Thursday, March 31, 2016 3:15:30 PM

Post# of 1887
There has been a rush to point to a "bottom" being behind us in oil, and I hope it is so. But what if?
On the other side of the equation there are the doomsday predictors and we have all had warnings of a market crash coming by other experts... One says it will happen because of runaway debt. I linked it below. It examines the REAL debt which includes unfunded liability of current programs along with rapid increase because of many factors we understand.
I am one who subscribes to the fact that it is insanity that we as a nation can spend our way out of debt and the numbers in trillions are meaningless words which need to be put in perpective, I use the statement a lot that a trillion is million millions but here is another analogy putting trillions into perspective

One million seconds was 12 days ago.

One billion seconds was 31 years ago.

One trillion seconds ... that was 31,000 years ago.


so almost 20 trillion seconds is 600,000 years!
How did we get to this point? There are many answers... fast forward past all the pitches and buy gold advise and avoid the endless video. You can skim through the written form by clicking leave the video but stay on the page.

http://thesovereigninvestor.com/exclusives/10-oil-in-2016-u-s-economy-doomed/?z=463472

"You’ve got to be very careful if you don’t know where you are going because you might not get there."
"The future ain’t what it used to be" "A nickel ain’t worth a dime anymore."
-so long Yogi, we will miss you-