Where will all the money come from?

[swissie]

Us "Westerners" will have a heavy burden to carry. (because nobody else will).

We will have to pay for:
- Now, with rising interest rates, we will have to "save" a good number of 3 rd world countries.
- We will have to pay for expensive wheat, so half of Africa dosn't starve.
- We will have to take over the "heating-bill" for 20% of low income Europeans, come winter.
- We will have to rebuild our armies.
- We will have to rebuild the Ukraine.
- We will have to pay for implementing "green energy" (the big one).
- Demografics will bankrupt our social-security-systems. (need outside funding).

The list is by far not complete. I wonder, where all this money will come from, in a world that is already overburdened with dept, like never before.

Once all those financial liabilities are added up and conveyed to the ignorant public, I wonder how the credit/stock markets will react. And the taxpayers.

 

[Sparktrader]

Money is not real. They just print it.

[Sparktrader]

3 minutes ago, Sticky Rice Balls said:

and crypto....the illusion based on a belief and not a commodity

Gold is a shiny rock. No real value. All belief.

 

 

[swissie]

5 minutes ago, Sticky Rice Balls said:

So whats the exact fee, you are saying that I will be paying, and exactly when?

Everything that is above an annual income of 20k. But only if Boris Johnson is coronated as queen. The rest of the world has no idea.

[swissie]

10 minutes ago, Sticky Rice Balls said:

Says the OP who just the other days was saying how his friends have "waning smiles"

 

By this post I can see why.....(reaches for pearls to clutch)

I make every effort to clutch the ramaining pearls on my behalf, before they end up as "pearls before swine".

[Sparktrader]

Just now, Sticky Rice Balls said:

we are all living in a simulation!   matrix!

We are just chemical scum on an insignifcant planet according to S Hawkins.

[Gottfrid]

1 hour ago, swissie said:

Once all those financial liabilities are added up and conveyed to the ignorant public, I wonder how the credit/stock markets will react. And the taxpayers.

 

Please! Stop see everything in dark colors. I am pretty sure it can´t be that bad.

[Bobtheblob]

Putin will I think just say boomba, all done in a few months so nothing realy to worry about. 

[redsongthaew]

1 hour ago, swissie said:

...in a world that is already overburdened with dept, like never before.

For every debtor there is a creditor, so the money must exist somewhere.

[talahtnut]

20 minutes ago, Bobtheblob said:

Putin will I think just say boomba, all done in a few months so nothing realy to worry about. 

I've asked Puti to please drop a big one on London matey

and you can ignore the Low Emission Zone just pay the fine

 

[ViajeroLA]

2 hours ago, Sticky Rice Balls said:

So whats the exact fee, you are saying that I will be paying, and exactly when?

You will if you have USD / EUR / GBP etc savings. Or how do you think, sending $ billions to "help" the most corrupt european country during the financial crisis is the normal thing to do and it won't affect almost anyone?

[FritsSikkink]

5 hours ago, swissie said:

Everything that is above an annual income of 20k. But only if Boris Johnson is coronated as queen. The rest of the world has no idea.

So how much money do you actually pay for this ?

[tgw]

5 hours ago, Sticky Rice Balls said:

and crypto....the illusion based on a belief and not a commodity

the are two parts of "crypto": the technology, which is the future of money/currency vessels, and the mining/speculation/hedge fund/ponzi schemes.

I think we will see relatively soon the birth of crypto currency working similarly to shares in a fund composed of a mix of real estate and commodity baskets.

[ukrules]

6 hours ago, Sticky Rice Balls said:

So whats the exact fee, you are saying that I will be paying, and exactly when?

I'm sure as <deleted> not paying for anything more than I use personally - this is guaranteed.

 

[KhunLA]

Yep, y'all starting to run out of 'other people's money'.   Socialism just doesn't work.  

 

The few can't carry the load forever, as y'all going to have to start chipping in a lot more.  As the bottom rung on the ladder, takes a lot more.

 

You're screwed

[OneMoreFarang]

That might concern people who live in the west.

But it doesn't concern westers who live outside the west like farangs in Thailand.

So should we care? Personally I don't.

 

[Iamfalang]

I heard this in 1910, 20, 30, 40, 50, 60. 70's. 80. 90's, 00's, 10's...

 

it's usually the old guys who are nearing the end; they want the world to near its end as well.

 

you could spend your entire life giving reasons why every country will fail.....and not one reason how one country will thrive.

 

yes, you are right...............this time....   same same not same not same.........DOOMED!!!

 

2024 will never be seen by Earth!!!   The guy that created the smartphone didn't think like this....only the falang

[bigupandchill]

33 minutes ago, OneMoreFarang said:

That might concern people who live in the west.

But it doesn't concern westers who live outside the west like farangs in Thailand.

So should we care? Personally I don't.

 

Exchange rates, expect some volatility.

[Berkshire]

The short answer is future generations will pay.  They'll figure something out. 

[BritManToo]

2 hours ago, OneMoreFarang said:

That might concern people who live in the west.

But it doesn't concern westers who live outside the west like farangs in Thailand.

So should we care? Personally I don't.

 

Doubt I have more than 5 years left, so who cares? 

Old folk worrying about the future makes me laugh........ Newsflash, you have no future! 

[OneMoreFarang]

27 minutes ago, BritManToo said:

Doubt I have more than 5 years left, so who cares? 

Old folk worrying about the future makes me laugh........ Newsflash, you have no future! 

When I look at Gen X I don't think I want to be around when they grow up and run the world. Maybe they learn something in between from the older generations but I wouldn't bet on that.

[mancub]

11 hours ago, Sparktrader said:

Gold is a shiny rock. No real value. All belief.

 

 

Try telling that to Gollum. my precious !????

[Lacessit]

11 hours ago, swissie said:

I make every effort to clutch the ramaining pearls on my behalf, before they end up as "pearls before swine".

Your pearls are principally calcium carbonate, produced by dumb oysters.

[Lacessit]

1 hour ago, BritManToo said:

Doubt I have more than 5 years left, so who cares? 

Old folk worrying about the future makes me laugh........ Newsflash, you have no future! 

Newsflash, you have no future if that is what you believe.

[RichardColeman]

12 hours ago, swissie said:

- We will have to rebuild the Ukraine.

Assuming the war is over, Putin tried for war crimes or assassinated, then I fully expect a tariff on all Russian goods being exported to pay for it. You may even find the war extended though simply to stop having to pay Ukraine reparations  !

[Kwasaki]

12 hours ago, swissie said:

The list is by far not complete. I wonder, where all this money will come from, in a world that is already overburdened with dept, like never before.

I'm retired and my family in UK just get on with it. 

[Denim]

12 hours ago, swissie said:

Us "Westerners" will have a heavy burden to carry. (because nobody else will).

Don't worry. The Mexicans are going to pay for everything.

No problema.

[jerrymahoney]

2 hours ago, BritManToo said:

Doubt I have more than 5 years left, so who cares? 

Such comments by you always make me think of the Michael Corleone quip from The Godfather Part II:

 

(Hyman Roth)'s been dying from the same heart attack for the last twenty years.

 

 

[Sparktrader]

3 hours ago, OneMoreFarang said:

When I look at Gen X I don't think I want to be around when they grow up and run the world. Maybe they learn something in between from the older generations but I wouldn't bet on that.

Gen Y are clowns

[OneMoreFarang]

1 hour ago, Sparktrader said:

Gen Y are clowns

You are right, I was confused about the letters.

IMHO Millennials were bad and it didn't get any better after that.