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  • google "where do your taxes go" Government waste is no secret. In 1984 the Grace Commission accurately predicted multi-trillion government debt by 2000. The IMF, not the American people, is funding the operations of government through loan capital it receives, in part, through taxation of Americans’ wages. With every dollar paid to the IRS in taxes, America’s debt to the IMF increases with interest. Paying wage taxes supports global banking, not the U.S. government or Americans.

  • God (real knowledge and wisdom/the everlasting Truth) has His advice for people around the world to stop your slavery to the system and international bankers/NWO (if you want your freedom and your true wealth, which they have stolen from you using their banking tricks and injustice laws, back). Unite and go to your local banks and demand all your savings back, they will collapse. Learn the truth about God at: thewayhomeorfacethefiredotnet

  • 14 trillion debt mentioned in this video, it's now over 16.7 trillion. Is there even a plan?

  • and yet from the time of this video, countries continue buying greater amounts of us debt

  • america is finished

  • I don't mind China buying up America. American had its time and obviously doesn't car about anything except itself. So yes I would love to see China own projects and land all across America. The land was taken from the indians, now the land is going to be bought by the Chinese. Perfectly acceptable in my mind.

  • now if u want a manipulated currency look at china. Russia they'd nuck you for food.

  • War

  • It seems RT have been listening to Peter Schiff, or did they both come to the same conclusion?

  • real Selfish americans. they borrow money from all the other countries and spend the luxury lifestyle while others are suffering. the worst thing is they spend the money to invade another country for resources because of their endless desire! the whole world should stop lending them money!

  • @9ying9LUXURY...lol only 1%...get real

  • @mastert420 1%is just a pronoun refer to da rich ppl.but I think it shod be less than1%. Here r som clues I found from Chinesemedia"there is an organisation,its called federal reserve in daytime and Goldman Sachs at night..we call MorganStanley as BigMo and JPMorganChase as LittleMo,but actually,LittleMo is more powerful than Bigmo".now,I thinkUSgovt sold pretty much all national assets to da rich ppl. Not every USpresident agree that,but if da president sayno,he'll die,like Kennedy.

  • Try and tell Americans that this is coming, and they refuse to listen. "Oh, the dollar is fine," they say. Stupid sheeple. They will spend a fortunate on Christmas presents instead of buying silver and gold.

  • Dam, this chick look sexy, who give a fuck about the economy, show us ya tits, LOL

  • lauren looks sexier than ever here

  • ATTENTION: Has anyone heard that China wants to trade some of the debt that is owed to them by America, to trade it in for infrastructure projects,like Highways, bridges, and other things like that. They are using the ploy, saying it’s a job creator for the workers of America.WHAT THE HELL DOES THAT MEAN! That’s like saying they want to own large parts of America, pay Americans to do the labor, but own the projects that are built. Is this Chinas way of trying to gain control over America!WakeUp!

  • @Clint45s American is already owned by the 1%, US government is like a 'employee' working for the 1%, so how can we Chinese own this country again! you brainwashed! btw, because your National debt is rubbish, we can't get our money back now so we can only get some projects like highways and bridges. you should thank god, because Chinese and Russia government are not controlled by the evil rich group otherwise you will be completely controlled.

  • @9ying9 China owns property in the US already

  • @mlovesTx Not really. On paper, Chinese own a good chunk of the US. However, the US can change its laws anytime to exclude Chinese or just take away everything Chinese own inside the US, (which can possibly happen,) and Chinese have no way of enforcing its property ownership and rights from thousands of miles away.

  • @ktchong With war they can ^^

  • LOL...

    What a beautiful euphemism ...

    Global Fascism = " UNITED WORLD GOVERNMENT "...

    You make it sound so cozy!

  • Oh Shit time to move to China LOL

  • NWO ===> One world Currency ==> One World Government.

  • @Txman1996 owe noes!!!!111 A united world government! how terrible! I want it to go back to city states.... no no pre-tribal bands. yeahhhhhh.

  • I respect these two, but that over-the-shoulder shot is kind of funny.

  • The US government are cutting spending right now, so they can raise taxes later. If they did it the other way, there would be riots like in Greece.

  • US already fell. It's just too proud to ask for help to get up so it will act as if nothing happened.

  • Isn't this the girl from Storage Wars. The one that owns the second hand shop with her husband?

  • @arcticblueice Oh, brother...

  • By the look of America today they are not robbing anyone

    last time I went from Toronto to Detroit USA I felt like I was going from Heaven to Hell

  • They are made in the hot&smart academy

  • Fasten your shirt... and wear a tie for godssake!

  • You mad Russia? USSR failed, America won. Nana nana boo boo.

  • @Dumbmajor9696 America Won?? on What?

  • @B1ATCH1000 The cold war. The USSR fell apart and we didn't.

  • @Dumbmajor9696 but now America is failing.

  • Michael Hudson's now on my list of favorite intellectuals. The guy makes sense and isn't at all afraid to speak the truth.

  • i tell you what i bet china will nuke the usa on the 3rd of august

  • @MrMaverickstar

    The U.S military is the strongest in the world

  • @RUPERTDOUGLAS90 so was the british navy many years ago we own the seas your tune next

  • Andred Jackson's reasons for Closing Fed Bank

    1. It concentrated the nation's financial strength in a single institution.

    2. It exposed the government to control by foreign interests.

    3. It served mainly to make the rich richer.

    4. It exercised too much control over members of Congress.

    5. Banks are controlled by a few select families.

    6. Banks have a long history of instigating wars between nations, forcing them to borrow funding to pay for them.

    Sound familiar?

  • @BobbyWarrenMiller  yeah ITS THE SAME OLD FRIVCIKING STORY.. OF OUR STUPID ASS OUR GOVT RIPPING US OFF!! FOR THE LAST 200 YEARS AND NOT A FRIVCKING THING EVER CHANGES..!! THEY ARE SCREWING ROTTON.US LOCK STOCK AND BARRELL..!!

  • @LillyofParis yes it's horrible, 200 years of increasing power and wealth , what a horrible horrible abuse!

  • Rothschilds (jews)

    Rockeffelers (Jews)

    JP Morgan (JEW)

    ABC, NBC, CBS, FOX, etc (media owned by JEWS)

    FED Bank (Top positions, ALL JEWS.. owners.. ALL JEWS)

    Jews holy book, BABYLONIAN TALMUD (JEWS, Satanic religion.. all non-jews are "GOYIM", "human cattle")

    To be an anti-Christ (Latin, "against Christ", IE, anti gravity, against gravity).

    Satan (Hebrew, "Adversary, or "Enemy")

    Devil (Greek, "False Accuser", IE, JEWS falsly accused Christ).

    "Jew" does NOT mean JUDAH.

  • @mrtruthify Mrtruthify (moron)

  • If all foreign countries could somehow divest in USD then we can assume, by this video, that they would no longer use the dollar and rather make transaction in an exchange if necesary, such as the Chinese one he mentions.

  • It's not american policy, it's jew policy...the Fed is a zionist controlled private enterprize, just like the U.S. government.

  • @basicgorilla yeah yeah, blame the jews. It's the capitalists who are in the wrong, many jews are capitalists it is true. But anyone who votes for capitalist parties like republican or democrat is also responsible. It's the electorates fault ultimately.

  • @basicgorilla "jew policy"? You stupid bigot.

  • The Federal Reserve is ILLEGAL, has been from the beginning. You can't change the US Constitution by simply passing a law in the dead of night.

    You have to have a Constitutional Convention that passes the change and that has to be approved by a super-majority of the Senate, House and the States

    The con artists behind the Fed knew there was no way the American public would go for that thievery, so they went behind out backs.

  • History is History what is going on now as well as then is huge atm. We are doing so much to these countries and we dont have money. Were trying to scam scam and scam some more this is crazy .

    Why did we stop using GOLD on our money we basically have paper now... while also trying to tell people that our money means something.. this is not going to hold for long... What are these people doing in the government!!!!!!!

    Why havent we closed down the Federal Reserve already...

  • Dennis Kucinich and Ron Paul for 2012 OR BUST!!

  • China is another story.

    People do not undesratnd that China is still a form of socialism with worst of all outcomes which are covered up by media.

    If China will ever become totally free, like USA than it6 will explode and grow fast, it will develop science and industries of their own , burt for now they are just a small potential but sick plauyer in world economy. Whole EU can bearly match USA, and they have 600 milion people. Go USA , godby O Bama

  • Japan is i\placed on the tectonic plates where next 9.0 earthquake is just mater of time,, and next it wil hit Tokyo not country side. The fear is there. Japanese big business is running to South west USA, and Korea, Taiwan, Malesia, even South America.

    USA is the only country which has 240 million people and creat 1/5 of the world wealth. Yes rest of the world 6.8 billion people do just 80% , if they were as efficient as smart as USA we wopuld have totally different world, but it is coming.

  • Japan economy????

    Japan is going under faster than they can print money. Japan is the most in debt country in the world. Japan has semi capitalistic economy and is a matych for California not for USA.

    O bama is working day and night to continoiu the damage which was started by Clinton. but American people are much smarte and stronger and we will prevail any way.

  • HUdson is completely wrong

    --He's started from the wrong premise, American Imperialism

    --and it all goes downhill from there

    China is at fault here

    the rest of the world has allowed them to emerge from a 3rd world status

    -by using a rogue currency which has no foundation

    -but enough is enough

    -now they must join the club and play by the same rules

  • @Zendout1, There is no 3rd world status on this planet. ALL NATIONS ARE EQUAL.

  • This is the Result of the war with a good liar. American think they are top of everything, but they never thought that what happens when the entire world abandoned them. so who need who here ?

  • @moistfaucet You simply live in denial. Without America world would be 100 years behind now. The poverty would be 100 times worst.; Hitler and Stalin would get their way and you would be a slave .

    You should pray for America every day, and be grateful that we do and we will care the freedom, economic opportunity , equality and over respect to everyone. I love America , it is my home and I wish all people around the world that they would have an opportunity to be American for few days P Calka

  • Yes we do have few problems, few stupid politicians who do try to fix the world and instead do more damage, same time America over all is an envy to everyone

  • If American go bankrupt, why not just admit it. and plea for help. instead doing all sort of things make the confidence fade way toward American gov.

  • @moistfaucet There is no way that America can go bankrupt. OK there is a way, if we let O Bama be a president another term and than let Biden for 8 and Hilary for 8 yes than definitely we would go broke.

    But do not worry. Huntsman will be next President, he will open to Asia and America will grow faster than ever before P caklka

  • @peter19591207, why need to go back to the history ? no one like Hitler and Stalin. the one that lift off the world economy is Japanese economy. people make money by selling and buying their product. not the US. your market and economy is big because of the dollar bubble. Debt with Debt. i don't want any economy to collapse. i want everybody to succeed. don't talk about envy, the definition of happiness and success in each human is different from one another. some just don't bother about it.

  • It is easy to rewrite the history.

    European Union is a past story,their business model is totally, sick and will never work, you can tell me what you want , I lived there and I have many friends and aces to local news.in native languages.

    It is total disaster, they will reform like chile or sink like soviet empaire

  • LONDON/MILAN (Reuters) - European bank shares slumped to two-year low, falling more than 3 percent on Tuesday, as fears mount that Greece is heading for a disorderly default and the debt crisis could spread to Italy.

    Keep kissing those Jew asses you fucking morons. The Jewish Talmud: "All property of other nations belongs to the Jewish nation, which, consequently, is entitled to seize upon it without any scruples." - Schalchan arach. Choszen Hasisxpat 348

  • @BobbyWarrenMiller You esteemed Talmudic scholar, you. Stupid Nazi bigot.

  • Hi, I will tell how you could earn a lot of easy money uploading youtube videos. Search for some royalty free music or sounds. Upload it somewhere safe. Then sign up with bee4biz (Google it) and lock the download link with them. Make a video advertising your royalty free download and post protected download link in description. bee4biz will pay each time somebody completes a survey to unlock your download link. They pay weekly via PayPal

  • @wishmolly your verry right. thank you

  • Mr Hudson this is not about Soviet union socialistic economy. China is over regulated and it is a fake giant on clay legs. China is dumping many products to keep their workers busy and that creates huge inflation which they cover up.

  • Total debt of Europe is much higher than us and total gdp is lower so who is talking here??\ This recession is coming now is totally Clinton -O Bama

  • @peter19591207

    This is simply not true. The GDP even of the EU is higher then the US GDP. Not to mention that not every European country is in the EU.

    US debt is 93.4% of its GDP. In the EU its only 80.0%.

    No to mention that the only president that ever created a positive budget was Clinton. The major debt the US is struggling now as created since 2007 because of the was Bush involved the US in.

  • @natsplit

    Dude are you completely out of your mind.

    Newt Gengrich did forced Clinton to approve the budget, other wise that would never happened.

    Debt of 80% of the countries in Europe is 200% of their GDP, just look at reality. Spain unemployed 22% official unofficial 35%, Ireland 18% and 25%, Germany 11% and 18% France 15% and 22% Poland 12% and 45% in country site

  • @peter19591207 he posted that 2 years ago.

  • We are is second faze of Clinton-O Bama recession, and we will sink like Greece if our Republicans will blink and let O Bama rise taxes and debt. The only way out is cut taxes, remove , yes fire 80% of bureaucrats, and simplify 99% of the stupid regulations.

    America is a dream land and it will stay this way as long as we respect Adam Smith and Milton Friedman

  • Clinton single handedly did destroy all the wealth poor , disadvantaged and minorities ever accumulated, and O Bama did help in this big time .

    Yes just look at the facts, who had whole department suing banks and forcing them to finance 120% loans , home for every one . Yes they had great intentions but unfortunately did created biggest disaster in the history and now they regulate own fuckups. T^hank you O Bama -Clinton _Gore for the scam about global warming

  • @madmankitchen Woo, censorship and repression, can't wait!!!

  • but the us.still has 85% of the gold in the world and 3/4 of all the nukes ant that right??

  • @jcb570

    That ain't right. Russia alone posses more than twice as much nukes than the US.

    Also the US hold only 29% of all the gold in the world. The European Union hold 40% in comparison.

  • @natsplit thank you i didn know

  • America and Israel, you should be very, very worried. And rightly so. Time to pay for your crimes.

  • @urcritic u mad bro?

  • @urcritic the american public isnt responsible for our governments choices.i have no control of american politics.this country is a shell of what it was ment to be.i dont support israel or any other country that does nothing for my working class brothers and sisters.i think no we shouldnt be worried our country is a beast but at anytime it can turn its beastly ways upon yours.no one can take america.no one

  • More agreements to emergent economies are a buy in with compliance to those who hold the chief seats. The US will still be the BULLY! (beneficiary)

  • More agreements to emergent economies are a buy in with compliance to those who hold the chief seats. The US will still be the BULLY!

  • G20 are a stinking mafia of capital criminals. They ought to be arrested for being the TRAITORS that they are. All the industry & capital shipped to the PRC, was done on purpose BY THE BANKERS. Now they go to the PRC to shed Crocodile Tears?

    Screw the BANKERS!

    A national government should NEVER have ANY debt.

  • @centurion180ad very right!

  • the end times are coming..ugh...

  • Last person out turn off the light!

  • All the people on here talking about how hot the babe interviewer is on here, is exactly what's wrong with this country (USA). We have no attention span anymore. It's no wonder that other countries are racing right past us.

  • Cant wait 2 watch fallout from this G20 summit. I'm sure they will bring their brutal thugs 2 the party & once again brutalize the people.. Why don't they hold these G20 summits in locations like the moon? Also as 4 China. When I was working 4 a manufacturing company in the early 80's the Chinese use 2 tour our plants & take photos of every department & copied them. I witnessed it. Every corner of a department was photographed. Buy American now if u can. I dont consider China our enemy though.

  • It will be interesting to see how all this plays out in the next 10 years. Meanwhile, I wanna shag Lauren Lyster like a rabid dawg!

  • Jesus....Just let America empire fall so America empire will never to be restore ever again. America Empire is most insane empire in Empires history....Hey world don't ever learn America Empire's way okay? Ok thank bye.

  • Commenting to all who watch the segment. There seemed to be many remarks about the presenter and I thiough the topic too serious to be distracted by a pretty girl. I had no one group in mind.

  • Comment removed

  • in plain language.. BLACKMAILING!

  • America terrifies me.

    I can't tell you how happy I am that this guy says that America is going to shrink.

    It's the laziest, most complacent country on the planet.

    And their politics are despicable.

  • @laur100 I'm not sure why you Brits call the Americans your allies, so many of you hate them. Remember that the UK is the reason for many conflicts in the world, including the Paki-Indian disputes as well as Israel-Palestine.

  • OK guys, the babe is hot but can we stop being distracted and concentrate on the commentary.

  • @MrGoblin60 Who are you talking to here? xD There is hardly two comments about the presenter, compare to ten about the american jewish assholes..

  • USD is toast...

    btw that chick is hot!!!!

  • i can't watch easy interviews,

  • HOT!!!!

  • THis makes intutive sense if the money was based on value which it is not. So the majority of what he states here is wrong.

  • OPERATION INTERVENTION FAILMERICA

    Standard face book address + this at the end, with no spaces. ->

    "'Slash' note 'Dot' php 'Questionmark' note 'Underscore' id 'Equals' 212045522146375"

    Check it out. I think Real news fans in America will dig it.

    You know what words to switch w/ symbols. :)

  • Very well explained by Michael Hudson, but I have to agree with some others here...damn that Lauren Lyster is an ubba Babe......grrrrrrr..

  • Wow what happens now japan in fucked.

  • Lauren Lyster is hot. 

  • Russia today...for Americans?

  • ALL RT reporters are HOT + SMART where do they grow them?

  • @kousoulides im thinking the same question, hard to concentrate while im absorbed by hotness. her arms, so perfect, not chunky!!

  • @kousoulides They're not smart, they are good at reading off a peice of paper.

  • America went from being the policeman of the world to being the robber of the world.

  • @mramericrap Wow no one have said it quite like u lol

  • @mramericrap It just that the US has become a dinasaur. The result of years of extreme capitalism and using force to secure its profligate energy consumption. It also has a population which has a unusual sense of entitlement and assumes that each individual will enjoy, continuing material gain indefinitly.

  • @mramericrap policeman ..try crooked cop to blantant robber...America started on STEALING this land.

  • @mramericrap The sad thing is that as the US slips into second-world status, the majority of our citizens will still be living within the illusory bubble that we're "Number 1!". That delusion is worse than anything because it will deny us the ability to recognize and acknowledge our fiscal and regulatory issues and correct our own course.

  • @shade1978x Try turd-world status. Fuck Whitey! Fuck America!

  • @buzzin1975 Turd-world status is right.

  • Dumbfucktative Easing!!

    Dumbfuck Drawing Rights!!!

    For Dumbfucks!!!

  • She is damn hot. Much more than O'Reilly is xD

  • I see alot of suggestions here but this is the only way. We need a DEBT FREE currency that's not backed up by the Gold Standard. This will NOT create inflation. Inflation is only created by the financial bubbles that is built by debt, and then the contraction of withdrawing money from the banks.

    Abolish fractional reserve banking.

    Pay off US bonds with DEBT free US Notes.

    Repeal the Federal Reserve Bank.

    Withdraw US from Global banking, BIS, and IMF.

    If this doesnt work, we rob all reserve

  • rofl white man is finished!

  • Russian media is a more honest source then American. This is coming from an American too.

    I was raised to believe Russia was a secretive police state with controlled society. Obviously I was lied to by society.

  • Were his suspenders made in China?

  • a short few yrs I uncovered a ring in Elk City Okla that were embezzling state & federal funds thru cognitively kis(adults) who r wards of the state~Diversified Family Services is a legit' front business & was using these kids disability/social security money as their own finances. 2 kids were murdered over this. State doesnt care, they won't go after thez ppl. So in my opinion take whatever you can from the gov't & live well on it, why not they do!!

  • Just because Chinese Leadership is trusted by Chinese people...

    Chinese Leadership thinks they can give Trillions of Dollars to bail out USA and its bankrupted capitalist Companies.....

    Rather than spending those Trillions on Research and Development and promoting and improving China's image in the World.

    China has not a single TV channel of CNN or BBC level.

    Remember in this information Age Media is ur first defense against any propaganda or to promote your image to the World

  • Well, looks like America is well & truly fucked. I'm looking at this from across the pond & it ain't funny. No wonder certain people in the USA r pushing for this 'cap & trade' shit. Imagine that, U's been robbed by the banks, sold out by BamaMan. Now they wanna finish u's off with C&T cos no one else gonna invest in ya. I hope u's dont start getting nationalistic & shit cos u's got yaselfs to blame. U's running out of time to take ya country back from the so called 'Elite'. Gu'ould parasites.

  • why is Russia and RT so jealous of USA?

  • @pm1591989nd What do you mean ..jealous? Actually, RT is the only news I'm watching lately ..they have no agendas in US except to tell the true

  • @scuba36fun yeah rigth "Russian Television" showing the truth about US....are you kidding...???

  • @pm1591989nd well, who is showing truth then?

  • @scuba36fun why not enjoy the heaven than run for that truth which is forever influenced....

  • @pm1591989nd What???

  • Ahh, good to see the USA playing nice with other countries as always...

  • great interview. Eventually the 7 trillion in paper floating about the world (actual printed paper) will come back to the homeland and the US will see Hyperinflation.

  • @alternativeangle learn the difference between M1 - 2 and 3

    in the money supply

  • sounds about right, typical US foriegn policy

  • Anyone who watch this video should check out how much US spend on military and compared to rest of the world. US is the #1 in military and it spends more than the following 20 nations COMBINED. Now, how is this obsession with military dominance sustainable? US defense budget is the SINGLE biggest budget spending in US accounting to almost 50% of US's tax revenue. Ironically, US would spend billions on weaponry when it has a failed social benefit program and later generations are left with debt.

  • Comment removed

  • This guy is an idiot.

    US has free trade with China and 98% of US goods have zero tarriff.

    Does China allow US goods in with no tarriff? Hell NO!

    CHina is the problem, END ALL TRADE WITH CHINA!!!!

  • @worldsailor128

    I don't like it any more than you do, but doing that would be economic suicide, friend.

  • @worldsailor128 If we did that China would call in all our loans worth of $3 trillion dollars.

  • @worldsailor128 China is the Problem?? WHAT!!! Watch this Video AGAIN AND AGAIN but please analyze it good... TO BEGIN WITH....  PAY ATTENTION WHEN HE SAYS MILITARY EXPENSES !!!!!... Talking about This Guy is an Idiot, what a loony toon...

  • G20=pointless, just for show

  • "Quantitative easing"?

    Sounds like "Default Credit Swap" and other scams. Just another confusing names to hide the scams.

  • @ktchong It's just the printing of money. The people know that printing money always leads to inflation - they found a way of saying printing money without actually saying it.

    People are thick, we need to accept that. Some people just have absolutely no idea.

  • US Debts are super giant PONZI scheme. They are never repaid ! They need more dollar from investors to keep the scheme running !

  • well, the whole us-economy has such a lot of dept,

    that there won't be a way of returning back to growth - except getting rid of all that dept first.

    ... hyperinflation would couse too much trouble - so the devaluation might happen within a "week-end operation" - maybe at a G20 summit or so.

    ... and afterwards the US will return back to growth.

    (back on the road with mortgage equity withdrawals - again...)

    ... I'm going to be prepared for this szenario ... ;-)

  • Wow, this video sure make the United States look very desperate in order to regain their leading position economically. I thought the country learned their own mistakes during the 2008 global economic crisis. But no! They still have that cocky overconfident attitude by claiming that they're better than any other countries. Oh well, I guess they can't just compete against China after all...

  • @AznKei1

    Well look at the newest so called Korea crisis. Can a global economic power like the USA act more desperate than the USA does in that case?

  • @HomoGnosticus The 2 Koreas have their water conflicts many times before. This is just another way to get the western media attention. Instead of telling what the other countries should do, why don't take of the countries of which you support first.

  • @LGHHJHH

    I really do hope that this will be the end of western white supremacy, I hope Africa and other perceived inferior countries can take over. To hell with this racist white supremacy crap

  • I just hope that the Chinese Government and their people don't see the banks representative of the American people

  • Comment removed

  • @Ilovechina10

    why don't you focus on the last part of my comment before jumping to conclusions and take a look at the sort of anti-china shit that i need to put up with before accusing me of talking shit

    what the hell do you think my comment ' pft...what the hell? typically american' meant? can't u c how i was posting from an american view?

    you really are a smart ass shit too

  • Comment removed

  • @Ilovechina10

    dude? what the hell? read my comments again and see for yourself what you mean

  • China- You are a shit country, go bankrupt because we the americans need to maintain our dominance, so revalue your currency and get yourself in a social mess so that we can survive then we will turn our back and stab you. ha. because we the americans are always superior and you the chinese and other little race groups are dirt. pft...what the hell? typically american

  • super

  • right...right and when unemployment is high and there is no more free money, then what do people do? i.e. Socialism just doesn't work, period. Social safety nets sound good, until everyone needs it at the same time, then your on your own. As you have always been.

    Understand, the hand that feeds you can just as easily starve you. Best we all learn to rely on ourselves and those we love(friends & family).

  • I think that most people in the US realize the difference between trade imbalance, trade deficits and budget deficits. Many of these countries are experiencing huge trade imbalances in their favor. They refuse to trade fairly which along with our governmental taxation and regulation have eroded our manufacturing base. The playing field is not level. Our purchasing is fueling their economies. I do not think the US should shoulder all the blame in this equation. The banksters control the world.

  • And trade wars eventually lead to real big wars, world wars.

    Are we ready for World War III yet?

  • @MrJeggus May God hear your voice