Godlike Productions - Conspiracy Forum
Users Online Now: 2,436 (Who's On?)Visitors Today: 641,372
Pageviews Today: 896,315Threads Today: 164Posts Today: 3,704
07:59 AM

Back to Forum
Back to Forum
Back to Thread
Back to Thread
Message Subject THE ECONOMY & YOU # (Daily Updated Videos & Articles)
Poster Handle RoXY
Post Content
U.S. Economy: Predicting Protracted Hard Times
By Stephen Lendman
November 01, 2012

It works the same way every time. Bad policies assure bad results. Prioritizing short-term profits jeopardizes long-term gains.

Force-fed austerity when stimulus is needed is madness. So is harming economies, communities, and ordinary people to save banks.

Chickens eventually come home to roost. We’ll know when they arrive. Perhaps it’ll be sooner than imagined.

Money power in private hands assures it. The Fed and other major central banks bear full responsibility for monetary madness.

The late Bob Chapman warned about easy money, market manipulation, reckless speculation, counterproductive fixes, and unsustainable debt causing today’s crisis.

He predicted an eventual house of cards collapse. Only its timing remained uncertain. He’s not around to see what won’t be pleasant when it arrives.

It’s too early to know for sure, but monetizing debt/excess money printing may have hit a wall. One economist suggests Bernanke can’t do much more in the mortgage market.

CONTINUE: [link to www.globalresearch.ca]
Please verify you're human:

Reason for reporting:


This Flag Represents The Principle, "Fight For What You Believe In."

This Is The Rebel Flag, "You're Either Free Or You're Not."