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Death by Globalism: Economists Haven't A Clue


Ah ha! Here's where Dr. Paul Craig Roberts fortold the Fed would have to monitize the debt as it did on Nov. 3rd and what the consequences will be!

"The Federal Reserve will monitize the federal government deficit. The result will be high inflation, possibly hyper-inflation and high unemployment simultaneously."  (this quote toward end of article)

Remember, the Federal Reserve is not a goverment agency it's a private bank. The name is like Federal Express is a private company also.

Here's the article:


Hope you are all preparing. . .

Entry #261


Comment by pumpi76 - November 8, 2010, 4:27 am
Jee...Nothing about economy i know and everytime they talk about bussiness on the news i ignore it...HOWEVER THERE WAS SOMETHING I NOTICED....years ago, economies werent connected/intertwined, there was no, Global Economy...Out of a suddently you start hearing about the World coming closer and getting connected, you start hearing about an Interconnected Global economy, Huge Stock Markets start to MERGE AND DEALS, policies and aggreements made, you know one problem with that...BEFORE CONNECTING THE WORLD NO BODY THOUGHT OF CREATING THE MANHATTAN PROJECT WITH SUPERCOMPUTER TO SIMULATE SUCH GLOBAL CONNECTIONS get to see all the wholes, loopholes, problems, problems in the future, theories written, hypothesis writtens, none of that was done, they just, plugged the chords...The fastest supercomputer in the world was for the DEPARTMENT OF ENERGY INSTEAD OF SIMULATING THESE GLOBAL ECONOMY INTERCONNECTIONS...Why willl the department of ENERGY need not a supercomputer but the fastest in the world....
Comment by pumpi76 - November 8, 2010, 4:30 am
It will not surprise me if this Global Interconnections SHIFTS the balance of power or depreciates the dollar...Could be a Trojan Horse, but nobody checked...You think Japan DID THIS IN THE EARLY 90´S...Japan Another example...
Rick GComment by Rick G - November 8, 2010, 7:31 am
The economists aren't as stupid as they seem. If you want to destroy an economy, this is exactly how to do it. But there is a silver lining to this cloud. The collapse will affect them as much, or more, as it affects us. When the whole world (including the minions that helped make this happen) is living in third-world conditions, the bloodlines will finally be destroyed in retribution.

The ones who will survive this are those who don't worship materialism and their own egos. Blessed are the meek for they shall inherit the earth.
sully16Comment by sully16 - November 8, 2010, 8:08 am
good read.
TigerAngelComment by TigerAngel - November 8, 2010, 11:22 am
Thanx for your comments guys. I'm so glad Roberts retirement lasted only a couple weeks.

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