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Friday
Sep302011
Wake-Up Call - 09/30/11
September 30, 2011 Download this episode (right click and save)
The severity of the current depression already exceeds that of the 1930s
A comparison of the two periods. The current debt is the killer. There was no debt in the 1930s. Many other metrics point to an economic nightmare ahead unrivalled at any reference point in history. The consequences of future existence in the United States will be very grim. The ongoing ‘Occupy Wall Street’ demonstrations in lower Manhattan: a critique. An explanation of fiat money. How national debt is constituted and how it affects the economy. More international economic turmoil. The fate of the typical American family since the mid-60s…
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