Friday, February 8, 2013

Are you ready for phase two of the monetary collapse?

I'm adding G. Edward Griffin to my list of experts who see doom in our economy, and he says that it has been going downhill since World War I.

Bruce

"American industry has been moved to other countries, so productivity is no longer a factor, and other countries increasingly are turning to competing currencies to replace the dollar as the reserve currency of the world. Much more could be said about this change in monetary reality, but the bottom line is that America (and many other major countries) are broke, are hopelessly in debt, have taxed and regulated their economies into stagnation, continue to borrow money even at greater levels than before, and are totally unwilling to reverse this process. We have entered Phase Two of the economic collapse, which means there is every reason now to believe it will run its full course. In fact, it already has begun.
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It includes important information relating to solving this economic crisis instead of just profiting from it. To me, that is even more important than money issues because, if the system in which we live is allowed to slide all the way into totalitarianism, it will make no difference how much money we have. The totalitarians will take it all."

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