Comments on: Welcome to Planet Ponzi

By: G.Richards

G.Richards — Thu, 28 Mar 2013 08:25:55 +0000

I recall Don Corleone telling his associates, “The best way to rob a Bank, is, to buy one”. this appears to have happened. Seriously; banks are at the hub of organised white collar crime They certainly have the politicians in their pockets; that’s why no-one is jailed.

By: Yvonne

Yvonne — Fri, 05 Oct 2012 05:56:40 +0000

Interesting. The truth really can scare you sometimes. It feels like a worldwide depression is approaching. Are there honest politicians or strong and weak ones?

By: Jan

Jan — Thu, 30 Aug 2012 07:47:00 +0000

Matt, many people ask themselves that question. I did too. But if you really think about it, with 2 feet on the ground, you cant conclude anything else that something is terribly wrong. In 100 years, the USA build up 7 trillion in debt. In the last 5 years only it double to 16 trillion (the real number is much higher if you count all liabilities). Austerity? I simply think it is too late. The QE’s have hardly boosted the economy. Imagine what will happen when tough austerity plans would be in effect. No politician is courageous enough to start it, not in his/her time!. This is going to end with a big bang. Imagine the interest rates going up.
There are many cycles in life and i somehow believe that we are coming to the end of a 1000′s of years cycle. Compare to the Easter Island story.
Great site Mitch!!

By: Brock Mac

Brock Mac — Wed, 28 Mar 2012 19:29:37 +0000

Interesting blog. The major issue – apart from how the economic/political elite are truly indenturing the 99.99% of the world’s population – is that the 99.99% of the world’s population have not properly clued into the fact they are being totally screwed by the tiny elite.

By: Patch

Patch — Sun, 18 Dec 2011 04:39:47 +0000

I’m really into all the information provided on your website, thanks for all these great blogs!

By: Kaycee

Kaycee — Sat, 17 Dec 2011 11:57:02 +0000

I didn’t know where to find this info then kaobom it was here.

By: Eternity

Eternity — Sat, 17 Dec 2011 10:24:22 +0000

Kudos! What a neat way of thiinkng about it.

By: Jaylen

Jaylen — Sat, 17 Dec 2011 09:58:50 +0000

Wow, this is in every respect what I needed to know.

By: Mitch Feierstein

Mitch Feierstein — Wed, 16 Nov 2011 19:27:00 +0000

Perhaps you were thinking of the John Maynard Keynes quote “If I owe you a pound, I have a problem; but if I owe you a million, the problem is yours” I certainly do not believe stacking new debt on top of old debt will provide a growth driven recovery – my book covers many potential solutions and importantly what most people should prepare for.

By: Matt Kirk

Matt Kirk — Wed, 16 Nov 2011 17:34:57 +0000

Are you suggesting Austerity? Who was it that said spend your way out of a recession? There are mixed messages everywhere and I cannot make up my mind, I think a lot of people feel this way.