tag:blogger.com,1999:blog-53246864840716464.post5639490667599642980..comments2024-02-29T00:46:38.800-08:00Comments on Washingtons Blog: Americans Don't Believe Government Lies: "Forty-Eight Percent Say That Another Great Depression Is Likely To Occur In The Next Year ... More Than Eight In Ten Americans Say That The Economy Is In Poor Shape"Unknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-53246864840716464.post-87120800137789244092011-06-19T21:55:45.410-07:002011-06-19T21:55:45.410-07:00So much economic destruction. If this was engineer...So much economic destruction. If this was engineered how complicated it must have been! No it was simplicity itself. The preconditions were a little difficult to achieve but once done the actual destructive engineering was quite simple.<br /><br />1) Export MANY of the good jobs FROM the USA<br /><br />2) Rig the statistics to mask the ongoing problems<br /><br />3) Choke off production of all sorts by bureaucratic over regulation.<br /><br />4) Blow a massive housing bubble to mask wealth destruction<br /><br />4) Massive debt accumulation by both the public and private sectors.<br /><br />AND the keystone that made it all possible.<br /><br />5) Lending money at a rate BELOW that of TRUE inflation. This possible because of the rigged (FALSE) statistics. This "free money" brings all the avarice of human nature into play against himself and created the world wide over-investment at the root of many of our problems.Louhttps://www.blogger.com/profile/09549587594373930735noreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-76360201026413053612011-06-08T21:33:06.194-07:002011-06-08T21:33:06.194-07:00Bob Chapman and others predicted what you are talk...Bob Chapman and others predicted what you are talking about. <br /><br />Even I knew what was happening on 9/11. The economic implications, that is. Deflation, the success of providing for needs at less cost as investment succeeds, was too effective and hyper inflation began. Unifying the world is proceeding along predictable lines. Sharing means that the USA is being taught a lesson, by being greedy, it has fallen into the trap set. <br /><br />You are American? Then weep! You are also human, so rejoice, as injustice is addressed. This may explain why so few are so upset by what is happening. If it takes a Revolution to balance the USA internally, then rest assured, it will come. But it is not necessary, is it? Banking reform will strengthen the USA and in a few decades the ROW will have caught up. Expect more nuclear plants to melt down, until Thorium is used instead of uranium: no breeding for fissionable material! <br /><br />AGW and the Green movement will not stop it and may be used to accelerate it. <br /><br />Do not read my blog!Fungus the Photo!https://www.blogger.com/profile/14879977479841544025noreply@blogger.com