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Wake-Up Call - 08/12/11
August 12, 2011 Download this episode (right click and save)
Spontaneous Rioting And Civil Disorder
What the UK riots have shown is that sudden, spontaneous rioting and civil unrest can explode out of nowhere and with no warning. Description of recent events in the UK. Background to the riots, the social order in the UK, the degeneration of the British working class, virtual acceptance of certain kinds of crime in Britain, a quasi-leaderless society in full decomposition. The consequences of Europe unable to pay its debts. The lie about U.S. record corporate profits exposed. Short-selling restrictions in Europe not affecting the U.S. Americans becoming more and more unhappy with the economic decline. Keynesianism and liquidity traps explained in depth. Lack of credibility. Failure of QE2 to work at any level. Why “stimulus” failed. Keynesian solutions never work.
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