Overdose: The Next Financial Crisis

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With the US raising their debt ceiling, are we in a global bail-out bubble that will eventually burst? This doc offers a fresh insight into the greatest economic crisis of our age: the one still awaiting us.

The financial storm that has rocked the world began brewing in the US when congress pushed the idea of home ownership for all, propping up those who couldn't make the down payments. When it all went wrong the government promised the biggest financial stimulus packages in history and gargantuan bailouts. But what crazed logic is that: propping up debt with more debt? "They're giving alcohol to a drunk: it just sets him up for a bigger hangover."

July 2010

• Category

  News & Politics

[Fiona Mia]

There is an easy way to avoid financial crisis : develop clean energies.

Economy is depending on energy, but if we fix energy problems it will fix all financial problems.

It is explained in +++The Present+++ a book you can read for free on truthcontest=co m (see page 53)

[Jason Jasonson]

you are out of your mind

[Filip Zivkovic]

you sound like you work for a big oil company, thats their stance towards clean energy.

[h8i9t6h8e4r5e4]

that's 470 billion dollars...in case you need someone to do the math

[h8i9t6h8e4r5e4]

just a thought: how much fuel did the American army use during his trillion dollar war?... and where did they get this fuel from... somehow I don't think it was from Iraq. if I were a oil company like those of the Bush family...10% of 47 trillion is a great amount of gas to sell...

[absalom0412]

The only way to fix the economy is to bring manufacturing back to the U.S., make our own products then sell them overseas, get rid of the federal reserve, which is nothing more but a privately owned banking cartel owned by the elite bankers, sell parts of our land for trillions to china. These things can happen, but guess what? The bankers/politicians don't want this to happen. They're purposely destroying the ecomony.

If it weren't for oil, the dollar would have crashed a long time ago

[97Stobie]

its not energy that is going to cause the next crisis, its going to be inflation getting so big that money will be virtually worthless. The financial crisis is going to happen, and there is no pretty way out of it like "clean energy". I would recommend buying physical assets such as long term metals and water companies.

[Skibum Willy]

In “Inheriting an Abundant Earth” a simple rule tweak on inheritance ends up changing the direction and purpose of modern human life! It's something specific we can demand. Are we really just this close to having it work right? Oh yeah, it's a Ski movie! Watch “Inheriting an Abundant Earth” on Youtube (“Occupying Chairlifts” 5.0) then sign the petition, and share it!!

[itibster]

The solution to the economy is to deal with the ex the way she dealt with you - the best solution is the final solution.

[hoilungly83]

the us economy was like a my ex-gf, now matter how much i stimulate her, she's not on.

[gerry o sullivan]

all these experts are saying what we shouldnt do,but not one of them is saying what we should do! Not very constructive,its very easy to be negative and a doommonger,but id rather here some solutions