Debt Crisis - Why All the Experts Are Wrong

[greatcp]

Thanks for posting this.. it is required that more people become aware of whats going on!

[stevep67]

Outstanding! Very good explanation to those of us who can't wrap our brains around money. Bravo!

[alienmoonbase]

We are experiencing a crisis of OVERPRODUCTION.

You only get this type of recession when you have massive wealth and not enough money in the pockets of the workers.

But this is a luxury recession.

There is too much of everything. Name one thing (other than dollars) that is scare? Houses? no Cars? no Food? no

Oil? no

Only dollars are scarce

[EscapePlatosCave]

That's what i say in the video, in reality there is no problem, it is the symbol system of money that is messed up. But a crisis of overproduction? That is an oxymoron. Maybe you're still living in luxury but thousands of people are losing their jobs, homes, and health insurance every day, with future generations already $100k in debt, and every cent of the taxes they will pay will go to pay THE INTEREST ON THE NATIONAL DEBT TO THE BANKS.

[doranda777]

great video! I work my but off ,but it seems that I am still broke!

AAAAAAAHHHHHH!!!!!!

[adriantheodore]

This is the sad, simple truth, Not flashy but still scary

[skibee50]

So you like M.C.Etcher

[louiethegreater]

Great video should be mandatory for every classroom in American.

[josda1000]

this video should be spread far and wide... people need to wake up and smell the debt.

[davidnightingale]

Great vid thanks.

[breando1]

Excellent video! You have put together all the things I've wanted to say to people to explain the real situation, especially how ridiculous it is to think all the resources we have to survive and live normal lives are no longer available according to the money changers,its more to the effect that they have wrapped everything up to revolve around their funny money system and conditioned us to believe that this is normal.Like 911,this is a crisis that will wake more people up to finding the truth.

[cv1122]

excellent video.

[anyusmoon1]

You certainly are a fan of M.C. Escher huh? Never saw a more perfect use of his artwork than right now, to describe our totally f'd UP government and the money masters.

what's up is down, down is up etc. PERFECT. Nice job.

[intrascoobz]

Wasn't it this centralized system exactly why the pilgrims came over here? Was it the British Empire that built the Nina, the Pinta and Santa Maria so they would later catch up to America's system and capture it so they could see to our economic collapse? Knowing our history, why, what and why the concerns for the thought thinking human mind were so valued is essential. This 'law of the land' & free trade system backed by guns & creating debt, infiltrating all school of thought...?

[idasputem]

Leading us OUT of Platos cave with STYLE! Cool vid!

[anyusmoon1]

Sorry but VERY crucial point @ 3:08 is untrue We have little or no industry, industrial plants, industrial machinery shops, nor the industrial raw material(s) production in this country anymore and THE problem this country faces. Unless the gov gets OUTTA the way and We The People rise up with exerted effort toward new energy technology and build whatever it takes to manufacture, erect plants, retool machinery there won't be a recovery. The sun is still rising, plants still operating, in CHINA.

[dabigez357]

we do have them they are just empty or not in use!

[anyusmoon1]

I didn't have enough room to elaborate... things are not going to be business as usual. The fuel and operating costs, including shipping of raw materials is not going to be cost effective.

We must revamp through new energy sources which will require any old fuel technology plants to be revamped accordingly.

I dunno... perhaps I'm being negative, certainly don't mean to be. The message of the vid is terrific, it's just that... to start over means new energy, IMHO.

[EscapePlatosCave]

I understand things look bleak but my point is that it is an oppressive illusion created by the insane banking system the world has been tricked into adopting. In fact as technology increases productivity, building a new energy infrastructure is exactly what the economy will need to keep everyone working productively. people think of hi tech as "expensive" but it wouldn't exist if it wasn't also easier to make, i.e. a radio used to have to be hand soldered together.

[anyusmoon1]

Indeed the banking system is a cesspool of criminals, criminal activity and all sorts of faults naturally occurring in a facade having no foundation in honesty, common sense, or fairness.

I like Dr. Paul's summation... if what the bankers do is fine and right then,'...why should any of us work? Just stay home and print money!'

My comments however were directed at the solution side of your equation and that is industry. To retool in todays low emmission, 'green' pop culture we need new fuels.

[anyusmoon1]

'new fuels.' continued... All factories, machinery, transportation to/from will have to be retooled 2. As todays rust buckets cannot easily be modified to build new machinery from the old.

Yes, agreed! The entire retooling IS THE ANSWER but will bankers-tied-2-oil-tied-2-mili­tary-industrial-complex-tied-2­-overnment ALLOW or encourage such changes? No, I think not.

The fascists, like the American people, will have 2 hit bottom before making any substantive changes. I wish it weren't so.

[EscapePlatosCave]

You are right of course, there is no free trade unless it is also fair trade, and other countries should not be allowed to trade without tariffs unless they have decent workers rights and pay. But that is small potatoes compared to what this video is about. As the modern economy expands it should create a prosperous middle class like the US in the 50s, and that means more consumers for our products. But with the cancer of the financial sector growing, we are not reaping any of the benefits.

[VisionQuest2012]

Fractional reserve banking should be outlawed. It's nothing more then a money scheme and it's at the heart of all the corruption.

[investur]

That depends on who controls FRB, for instance, if the rate of growth of technology was high enough, a modified form of FRB is feasible to kick start growth. Money is a claim on future labor, an FRB if used wisely gets society 'motivated' ...

Even the best form any nation could devise would typically take advantage of other nations, witness the US primacy where inflation was exported worldwide.

[EscapePlatosCave]

So investur, on the planet where you live the stock market is doing well? Tell us, what color is the sky on your world? But seriously don't comment on a video unless you have watched it, there is no reason for private banks to control the expansion of OUR government's money supply, it inevitably leads to inflation and depression because greed motivates them to profit by expanding the money/debt supply too much.

[investur]

My IQ is too high to measure. GRE with 30 minutes to spare, in 1986: 800 Q  800 A 90%ile+ V