Showing posts from August 26, 2012

Financial COLLAPSE May Happen Within the Next 3 - 6 Months - Ranting And...

PART 2 of 2: In this Must Hear interview with Andy Hoffman of Miles Franklin we discuss silver's recent breakout and the fact that the clowns in Europe are just buying time to prepare personally for the collapse that CANNOT be prevented. In fact, Andy thinks it's coming in the next 3 - 6 months. Our time to prepare is nearly up.

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Let Us Reason Through Unreasonable Economic Theories

Video Rebel's Blog Come. Let Us Reason Through Unreasonable Economic Theories. by horse237 Professor Steve Keen told us that as total private and public debt increases the unemployment rate goes up and wages go down. I believe that because I have seen that happening in America since 1970. But what I refuse to believe is that adding to total government debt is a good idea and will solve my problems. Most modern economists will tell you that to solve the problem of declining wages lowering aggreagte demand we must add to consumption by increasing government spending and debt. But adding to government debt is the reason why wages are lower today than in 1970. How can I possibly believe that digging a deeper hole is the way out of a bottomless pit? I recently wrote of the solution to this when I commented on the IMF economists who admitted they were wrong. The source of our problems is fractional reserve banking. This allows banks to collect interest on money they creat…
Why we are on the brink of the greatest Depression of all time By Wayne Allyn Root Published August 23, 2012 Everywhere from to, I suddenly see commentators warning of pending doom, economic collapse, and a new Great Depression. Welcome to my club. Perhaps America's politicians and economists should have paid attention to an entrepreneur and small businessman that has been warning of economic collapse and a new Great Depression publicly for over two years. More importantly, none of the current commentaries mention the "why's" of this slow motion economic collapse...beyond the obvious -- mountains of deficit and debt. None of them mention the dysfunctional structure of the current U.S. economy and the massive changes in the work ethic and mindset of the average American. I am a successful small businessman and a patriot who loves America and always sees its greatness. I am also an optimistic, positive thinker who al…