Understanding the Financial Crisis
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WHEN all this waffle is said and done. The banksters still have there ponsie schemes. THEY CAN CREATE DEBT FROM LITERALY a peice of paper, were they have produced or built nothing in the real economy.
The CENTRAL PRIVATE banks print money at interest, for the STATE who then tax the shit out of us for their borrowing. In America the sum presently at 20 TRILLIAN growing at 7% per month. Britain 1 TRILLION and more for all if truth be known.States guarenntee the illusion that money is safe in,
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Reptillians.
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Republican solution to all things economic--tax cuts. That ALL they talk about. According to them, tax cuts and deregulation will solve any and all economic problems. The fools. I think the solutions will be a lot more complicated.
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To get some solid facts on what's going on in America and elsewhere I like these You Tubes: Peter Schiff, his are all good watch them all if you can.
Dr. Albert Bartlett, Titled: The Most Important Video You Will Ever See.
National Inflation Association, Titled: Meltup, and another one, Japan: Americas lost decade. Educate everyone you can.
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@wildflower420 It goes further back than that... Almost since it's founding, America was founded as an oligarchy. Go back and study the early disputes between Hamilton and Jefferson over the "American System."
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FIAT Currnecy, Fractional reserve banking can not last!
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This guy just doesnt get the BIG picture. The monetary system is not sustainable, & Im not sure that it was ever ment to be! watch Collapse, its great!
dig deeper, it wasn't just Bush, the elite have been running things since the establishment of the Federal Reserve since 1913.
...and while you are at it check Obama's financial and foreign policy advisers to see what the future holds. Ready for mandtory volunteering for your country (draft said differently). Main stream media are government mouth pieces now so get your info else where and don't believe everything you read anywhere.
wildflower420 3 years ago 15
scientific innovation is what drives the global economy. in the 50's you had breakthroughs in nuclear energy, plastics, etc. In the 1980's you had the beginnings of the tech boom that lasted until 2000. Where is the new innovation? THe Us has spent much of the last eight years fighting pointless wars instead of focusing on innovation. The overall standard of living increases not with stable financing but with more effective medical treatment and utilization of natural resources
radishwithlove 3 years ago 13