Homestead mailing list

[bob ford <bobford79 AT yahoo.com>]

There are a couple of old , cliched 'sayings', leslie

1)  If you owe the bank, ten thousand dollars and can not pay, you have a 
problem; but if you owe the bank $10,000,000.00 and can not pay, 'the bank' 
has the problem.  

In other words.  If you are going to be in debt, don't be a slouch about it.  
And, as a nation, we are no slouches.  We owe more, as a nation, than can 
ever realistically be expected to be paid back.


2)  He who has the gold makes the rules.  'Just substitute " the most guns," 
or "the most nuclear weapons" for "gold"


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--- On Tue, 12/9/08, Leslie <cayadopi AT yahoo.com> wrote:

> From: Leslie <cayadopi AT yahoo.com>
> Subject: Re: [Homestead] Go ld  -- feel free to ignore
> To: homestead AT lists.ibiblio.org
> Date: Tuesday, December 9, 2008, 9:37 AM
> Worldwide demand has been increasing, even though US demand
> is decreasing and will likely continue to decrease for the
> reasons you cite.
>  
> Sutained future decreased worldwide demand will depend on
> the length and depth of a depression and the ability of
> individual nations to recover.  Here in the US, the
> majority of citizens really don't have savings. It makes
> it hard to recover as a nation when savings wealth has been
> and is being destroyed.  Other nations in the rest of the
> world are not in the same predicament, and should come thru
> rough times stronger and in a position to bull ahead and
> continue consuming oil.  If so, oil prices rising again
> will just make it harder for US citizens to pay for it.   
>  
>  
>  
>  
>  
> 
> 
> --- On Tue, 12/9/08, william Eggers
> <wce1482 AT yahoo.com> wrote:
> 
> From: william Eggers <wce1482 AT yahoo.com>
> Subject: Re: [Homestead] Go ld -- feel free to ignore
> To: homestead AT lists.ibiblio.org
> Date: Tuesday, December 9, 2008, 10:55 AM
> 
> Actually, I think it will be the other way around, 
> Because there will be so
> little demand for oil and gasoline, there will be a
> surplus.  It will be cheap,
> but as most people will have no money or other means to get
> it, there will be
> plenty
> 
> 
> 
> 
>       
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