Today I go through some of the mainstream media's headlines about the prospects of for economies around the world and point out that even those who usually sugar coat things are actually calling it almost like it is.
My take on all of this is that the current crisis has been brewing for almost fifty years and that it is ultimately a debt crisis. I also point out that all the efforts by governmental and monetary authorities to fight this crisis with more debt will be fruitless.
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Thanks again, Maneco64. I look forward to listening to Paul Craig Roberts. Greg Hunter’s USAWatchdog.com is a good program.
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