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Emil Miller
11-27-2010, 06:39 PM
I beg you to watch this, even if you are not American , it is one of the best documentaries about where the USA, and by definition the UK, is heading economically. Normally, I take all doomsday scenarios with a large pinch of salt, but the chapter and verse given here from prominent players in the overall scenario are absolutely compelling. As someone who has an ongoing interest in finance, I have seldom seen a more straightforward exposition of what is facing the western world in the coming years. Of course, it is always dangerous to predict the future, but these are not predictions, they are facts deduced from the size of America's overall debt and the impossibility of servicing it in the years ahead.

http://www.disclose.tv/action/viewvideo/46860/Meltup___Full_Documentary/

The Atheist
11-29-2010, 03:57 AM
I beg you to watch this, even if you are not American , it is one of the best documentaries about where the USA, and by definition the UK, is heading economically.

I don't know on what grounds it would qualify as the "best" information. Most entertaining, possibly.

Very hard to discuss this without getting involved in politics, since it's entirely political and I see Ron Paul appearing after 1:50.

All I can say is that the idea of TARP causing hyperinflation is naive and at odds with the way the money supply is run.

Just another conspiracy video.

Emil Miller
11-29-2010, 06:17 AM
I don't know on what grounds it would qualify as the "best" information. Most entertaining, possibly.

Very hard to discuss this without getting involved in politics, since it's entirely political and I see Ron Paul appearing after 1:50.

All I can say is that the idea of TARP causing hyperinflation is naive and at odds with the way the money supply is run.

Just another conspiracy video.

Yes, that's the trouble with economics, it is difficult to avoid the political dimension, but the figures given in the video do stack up against what must be the biggest deficit in history; although proportionately there have been some monsters before. One Of the most significant pointers to the way things are going is that China has just agreed a loan to Malaysia and, for the first time since WW11, it is not the dollar that it has been negotiated in but the yuan. The Chinese obviously don't set much store by the future of the US dollar and they are already beginning to offload their vast holdings very carefully to avoid bringing the whole house of cards down.