Tag Archives: Fire Sales

National Fire Sale, by Jeff Thomas

What will the US government sell when it’s finances reduce it to a fire sale. From Jeff Thomas at internationalman.com:

Like waves on the ocean, countries tend to go through economic cycles.

First, we have the micro cycles, which tend to rise and fall every few years, but may last a decade or more. Then we have the macro cycles, which tend to take hundreds of years.

In a macro cycle, a nation begins to thrive economically, when the people of that country adhere to a strong work ethic. They invest their money and toil into the economy, make a profit, then either save, purchase goods, reinvest, or a combination of the three.

When the great majority of the people do this, the country thrives economically. The greater the economic freedom (i.e., the less governmental oversight and regulation), the more the country thrives.

But this never lasts forever. The eternal fly in the ointment is that governments seek continually to increase their control over others.

First, they focus on the increased control of their own people through regulations, but invariably, they see the opportunity for broader control, through the domination of other nations. They then invade those nations.

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