Originally posted by !! Anorak
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Very few understand the monetary system of the US.
Very few understand the economics behind the system employed in America.
Very few understand that an economic recovery in a debt-based economy is unattainable
The US has a DEBT-BASED economy, and it grows as a result of debt being incurred. This economy cannot be sustained when bankers have been and are leveraging almost 80:20 of actual assets and the Govt. is leveraged almost 1.5:1 of its GDP .... it is inevitible that it will collapse.
American's just do not get it .... This economy cannot be sustained by endlessly tacking on more and more debt -- But how can this be avoided if debt also causes growth??
No President will ever be able to turn this economy around .... NO ONE!!!
The only option to save the American economy is to wipe the slate clean and forgive all debt nationally and internationally -- while introducing a new monetary system that is attached to gold\silver\platinum and eliminate all FIAT rules.
This has nothing to do with Obama. It is pure economics and the economic\monetary system in the US is and has been the most mismanaged system on earth!!!!
The dollar is worthless and the only thing that is sustaining it as a tradeable currancy is its {Petro-Dollar} attachment to Oil trade. THAT IS IT!
If foreign countries stop using the dollar to purchase their oil .... the dollar collapse's immediately.
American's above all need to first wake up ... and stop looking for some black boogie man that is going to destroy America and start looking at the banking system, the federal reserve, wall street and multi-national corporations that have paid in full, for a US govt. that is firmly under their control.
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