I came to Jow Forums in 2016 midway through through the Donald trump election. I have found so many things on this forum to be amazing. My mind was opened up to the truth and I always thought something was wrong with the world but I could never put my finger on it. Jow Forums specifically the Pol board taught me to question the mainstream media and through the wiki leaks I really had confirmed what I had been feeling all along. That the news lies to us.
Since then I have told many of my real life friends and coworkers about this site and that they should stop watching CNN. I just wanted to thank you guys for exposing the truths about 9/11 and the international bankers for me. I have been telling everyone the truth I know in real life because it's time we step up and start to spread the word guys.
So from the bottom of my heart thanks for changing my outlook on life. This forum has changed how I think and reason. I hope I can learn many more this on here to tell the people I know so we can keep this country true and honest.
Yeah this board is awesome and has helped me tremendously to understand the fakery in our society. We are perhaps the fakest society ever.
And don't believe everything you read here either.
Jason Price
> Jow Forums specifically the Pol board taught me to question the mainstream media and through the wiki leaks I really had confirmed what I had been feeling all along. That the news lies to us. You needed a washed out boomer to tell you this in order for you to know it?
Decades of authors, movies, books, articles the world over and a washed out hairless boomer made it real for you?
The USA was forecast to collapse by just about every leading economist after it went off the gold standard and started borrowing money. It didn't. Here's the problem with economists: it's not that they're wrong, it's that when they're wrong, they don't tell you why. In this case, they were wrong for a simple and strange reason. When you examine the finances of a business, you ask three questions: >What's its revenue? >What's its debt? >What's its net worth?
Economists judge countries by taking its total debts, regardless of when it falls due, comparing it to one year's revenue, the GDP, and holding their heads while shrieking about the end of the world. You have to take a look at the national net worth to understand that Japan has withstood 25 years of crushing debt, which it should not have withstood, and likewise, the United States has withstood, because they both have an extremely high net worth. Iceland however, with a gross national product of one herring and eve online, wouldn't be able to withstand a much smaller hit. At the end of the day, size does matter. And you can't get away from the fact that the economists who analyze nations are not looking at the whole picture.
Instead, they should look at the structural capability of the nation and cost out the debt over time, which is how debt works, rather than looking at a single year's revenue as the source of the nation's wealth/power. Which is a complex way of saying if I took a look at your bank statements, some of you probably have car loans or mortgages that exceed your yearly income. So if I was an economist, I'd figure you're all bankrupt. But you're not, because you have assets.
Aaron Lewis
And when you bring up this point to an economist, they ask two questions: How can you measure the net worth? And how can you monetize it? Well monetization is easy: you print money, which is a flat tax against everybody. It's not completely exact, there are some things can't be monetized, but it works pretty well. How do you measure it? Well you can generate a value by using the financial formulation for a growing perpetuity given the GDP, the average market return, and the average growth rate. But honestly, it's really not all that important. Drive around the United States for a while, you'll see there's a lot of stuff there. You don't always need a quantitative analysis to know that "Hey, those guys are pretty rich."
All this is to say that anyone who tells you the national debt is something that will lead to imminent collapse isn't telling the whole story. Sure printing currency devalues the dollar. But with 25% of the world's GDP being American, currency manipulation isn't really all that hard to deal with. And if you're that worried about it, you can buy gold or stocks. But the overall point is that the national debt, while not a good thing, isn't something you need to panic over, and should start coming down when the baby boomers die off and their kids (another large generation) are in their 40s/50s and paying taxes on their peak lifetime incomes.
Cooper Anderson
lmao talk about fucking dishonesty in one simple graph
this shit has been going on for 40 years almost
you're never going to get the blue line to rise substantially without serious labor regulation
David White
I went from thinking the media was merely biased to believing them to be the epitome of destructive evil youtube.com/watch?v=ITV00S3eXAw
Logan Howard
Well, that's utter bullshit. Seriously, where do you think you are?
Also, if you're so fucking stupid you think taxes on the rich caused the economic crisis and not the repeal of the GLBA, neck yourself immediately.
And Obama increased EVERYONE'S taxes, you fucking moron. Economic recovery ALWAYS happens. Are you suggesting that raising everyone's taxes helped the economy?
Jesus, how bad is shit up in Canada these days?
Parker Brooks
they've gone down since the tax cut scam passed
Easton Cruz
your made up chart that a retard literally made up on Jow Forums and u fell for has absolutely nothing to do with what u replied to
Just because Obongocare isn't technically a "tax" - it's a fucking tax. The largest tax hike the working class has had in decades. "Obama gave the middle class a tax cut" Reality: Obama hiked taxes on the middle class more than any president since FDR
Hmm.... Marketwatch or bureau of labor statistics.
Shill... listen. You quoted BLS, and lied. I gave the actual BLS numbers. Now you're saying that marketwatch is the place to go and not BLS. You're exposed. Go make a slide thread or something. All you're doing here is redpilling more normies.
Andrew Lopez
So funny... obama raises deficit spending to record highs, then reduces it to normal levels, gets patted on the back for "record breaking deficit reduction"
so sad you have to cling onto this because he never accomplished anything worth while aside from claiming the presidency.
spending is up way more than inflation and inflation is up as well
Lucas Turner
>statistical margin of error > wage growth
just accept that all job growth recently has been mcjobs and twitch streaming. You cant say the economy is great while less than half of the population has no savings.
To be fair, this is exactly what the obama administration did, and probably every other pres too; brag about manipulated statistics to keep everyone calm. Eventually, you do need to provide bread with the circus, people cant survive on just peanuts.
>spending is up way more than inflation That sucks, Trump needs to be hanged for being a Russian traitor
Angel King
No, the total in 2018 is 0.1% 1st quarter: -0.1% 2nd quarter: +0.2%
I said nothing about 2017, but you're trying to make it out like I did because you can't read or you're lying.
Which would make it four times you've lied so far, if you count calling the inflation performance graph "made on pol". Five if you count "and it's a lie".
So... five.
Keep going. Redpills being dropped like mad right now.
Carson Nguyen
Exactly FY2009 is Bush's last budget.
Why won't u paid GOP shills ever address Trump's explosion of the budget deficit? Does your shill script not give u talking points on this? I love it.
>GDP crashed as result of economic crisis >GDP repaired itself as a result of time OMG if we compare deficit to GDP, Obama looks great! If we look at how he, in reality, tripled the deficit, he looks like a fucking moron so let's go with the stuff that he had nothing to do with!
KEEP GOING REDPILLS DROPPING LIKE MAD!
Cooper Phillips
it's pretty obvious that you're lying and retarded
everyone knows real wages are going down in 2018
u just can't make shit up and expect to get away with it bitch boy
its as if you *solely* read Rothschild media, and you do it unironically.. like some naive child at the foot of a parent, unquestioningly and uncritically. You're a very stupid person, leafy.
Matthew Long
RULE FUCKING 1: DON'T FUCKING TALK ABOUT THIS PLACE YOU RUIN THE BOARD WITH NORMIE FAGGOTS
Nolan Smith
youre so insanely mad the economy is doing well ;-)
Adrian King
lmao i used zerohedge just to appease u fucking right wing retards
