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Re: UP Trend post# 1448

Tuesday, 02/11/2020 11:46:58 AM

Tuesday, February 11, 2020 11:46:58 AM

Post# of 3208
"Rather than borrowing from foreigners or “the future,” the true constraint on any population’s wellbeing is real resources. As Dr. Stephanie Kelton, an economist at the University of Missouri at Kansas City, and Warren Mosler, billionaire financier, have repeatedly noted, “no one sent cars back in time to pay off the deficit from World War II.” Similarly, no one will need to tighten his or her belt in 2080 because of food stamp programs. A sacrifice of goods and services might be necessary when all our real resources are mobilized via full employment and inflation looms, but we’re far from that point." https://www.mic.com/articles/73067/america-is-17-trillion-in-debt-here-s-why-you-shouldn-t-be-worried

"1990 Consulier GTP
Billionaire Warren Mosler has been in the exotic car business since 1985, with his most notable creation of late being the righteously fast Mosler MT900. With a Corvette mill and a lightweight carbon fiber body, the MT900 offers an incredible power-to-weight ratio and performance that rivals cars with some of the most famous nameplates in the world.
The MT900 was not the first of Mosler's creations to combine outlandish looks, lightweight technology, and American firepower. Long before the MT900, Mosler built a car called the Consulier GTP.
Consulier was a small car company founded by Mosler, with the GTP being its only vehicle. When Mosler established the company he had in mind the single goal of creating the ultimate roadworthy track car. Based around Chrysler mechanicals, the GTP was designed to handle the race track better than any other car on the market." https://www.conceptcarz.com/z25159/consulier-gtp.aspx

"Mosler's 45,000-square-foot workshop on Old Dixie Highway has been his toy box since 1987, when the billionaire Singer Island resident dreamed of building his own cars. Mosler had already made a name for himself as an economist/financier who worked with an offshore hedge fund that now tops $2.5 billion. Two years ago, Mosler correctly predicted the recession, and his followers deftly pulled their money out of the stock market. Said by his associates to be in St. Croix right now, he's traveling the world on a speaking circuit and stops in at his car factory only a few times a year."
https://www.browardpalmbeach.com/news/moslers-makeover-6321490



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