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The link I posted contains valuable information. I hope a few people take the time to check it out.
Its an excellent interview. Its amazing the depths of treachery that are going on right now in both political parties to reduce as, the ordinary Americans, to debt bondage.
Yes, that's his website, where you can find lots of other good information. I'm glad someone on the forum took the time to listen to the interview. He's extremely intelligent and brings a unique global perspective to what is going on.
What did you think about his comments on how damaging hyperinflation will be to this country. He talked about what happened in Russia. Do you think it's possible a similar situation could happen in this country?
And what do you think about his comment, "Nothing in politics is an accident" and how that relates to Hank Paulson's motives? Do you think Paulson knew that flooding the system with money would do nothing to stabilize the stock markets?
I listened to the program.
Again. Not even this guy was talking about hyper inflation. Assets have fallen by 5 trillion at least and this was his estimation. Since banks are not loaning money is systematically disappearing. No debt, no currency. They are letting assets deflate while creating money for themselves by exchanging garbage for treasury bonds. That means the same amount of dollars is circulating only they have them and we don't.
Russia and China are not safe havens either so they will not benefit from off shoring it like the Oligarchs . That was not the case with Russia and Argentina. Russia I know for a fact is also tanking and opening loan windows for their failing banks. Capital is leaving it not going to it. Now if they do find a place to dump it it will cause some inflation or even a currency devaluation to absorb the 5 trillion. However all they need to do is let the rest spiral down while they recreate the same for themselves . People will be happily selling their assets at loses while they buy it or the foreigners who took the US paper and shovel it back to us.
What did you think about his comments on how damaging hyperinflation will be to this country. He talked about what happened in Russia. Do you think it's possible a similar situation could happen in this country?
We really don't know what went on in Russia except for what they wanted us to know. But Russia seems to have emerged from their crisis a stronger nation. I don't necessarily see the US following the Russian model, but I could see the country going the way of Zimbabwe.
Quote:
Originally Posted by Woof Woof Woof!
And what do you think about his comment, "Nothing in politics is an accident" and how that relates to Hank Paulson's motives? Do you think Paulson knew that flooding the system with money would do nothing to stabilize the stock markets?
I think that we're seeing the culmination of a plan that could well be 100 years old. I think Paulson was appointed & paid to drive the economy into the ground. I remember during the real estate boom that things started to unravel after Bush had commented that the real estate market was overvalued. I believe that the politicians have been given their orders & they have been given a timetable. The media, newspapers & TV are firmly in the hands of the oligarchy. They tell us what they want us to hear. Its all mindless entertainment for the masses.
Most people get a glazed look on their faces when anything is brought up having to do with the economy. I was that way myself. Then I started reading Ron Paul's books on economic theory & found that it was actually quite easy to grasp the basic concepts. A lot of what he wrote was speeches given to Congress about why a bill was faulty or harmful to our country. He talks like a normal person, not a scholar, so the material is easily understandable.
I just hope we can find a way to correct this stupidity before our country ceases to exist.
We really don't know what went on in Russia except for what they wanted us to know. But Russia seems to have emerged from their crisis a stronger nation. I don't necessarily see the US following the Russian model, but I could see the country going the way of Zimbabwe.
I think that we're seeing the culmination of a plan that could well be 100 years old. I think Paulson was appointed & paid to drive the economy into the ground. I remember during the real estate boom that things started to unravel after Bush had commented that the real estate market was overvalued. I believe that the politicians have been given their orders & they have been given a timetable. The media, newspapers & TV are firmly in the hands of the oligarchy. They tell us what they want us to hear. Its all mindless entertainment for the masses.
Most people get a glazed look on their faces when anything is brought up having to do with the economy. I was that way myself. Then I started reading Ron Paul's books on economic theory & found that it was actually quite easy to grasp the basic concepts. A lot of what he wrote was speeches given to Congress about why a bill was faulty or harmful to our country. He talks like a normal person, not a scholar, so the material is easily understandable.
I just hope we can find a way to correct this stupidity before our country ceases to exist.
Pillars of Prosperity & Gold, Peace & Prosperity The Birth Of A New Currency.
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