You can’t print money based on nothing, and you can’t spend your way out of this problem, you must produce your way out, were two excellent points made by Glenn Becks guest; he gets it. Too bad out President, Mr. Obama doesn’t get it. He also said: The only thing you have in this life is your dignity, and the only thing you leave behind are your words. Of course you leave behind a lot of junk, people who love or hate you, and maybe some videos on Youtube, but his point was that when you are gone, people will only know what you stood for by looking at your work; what you did and said. So you had better mean what you say, and say what you mean. Here’s a rookie economic theory that I’ve had for quite a few years, and it involves China. For the last 20 plus years we have been buying more and more cheap products from China, which caused us to lose high paying jobs. People would then get lower paying jobs, but with the lower cost of goods because of the cheap imports, and with the government supplementing their income with various government programs, they did OK. Part two: The government has been running massive deficits, while at the same time the FED has been pumping massive amounts of money into the economy. One would think that this would cause a lot of inflation. I think the reason that it has not, is because of the cheap imports; they have kept downward pressure on prices. But I think we have reached a saturation point were we have replaced almost everything that used to …
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7 PROVEN FACTS THAT THE WORLD IS HEADED FOR AN ECONOMIC APOCALYPSE IN 2012 and WHAT YOU CAN DO TO BUILD A MASSIVE FORTUNE
*** economicwarning.blogspot.com ***
Dont read this cause it really works you will get kissed on the nearest possible friday by the love of your life However ifyou dont post this comments to at least three videos you will die within 2 days now u started reading this dont stop this issoscary send this to over five videos i n 143 minutes when u r done press f6 and ur crushes names will appear on the screen in big letters this is so scary but it works
@Blackjack555 Gleen beck is a fucken racist .. fuck that guy ..
printing money is not for dummies.hes says produce your way out depression.how can you do that when other countrys have people prepaired to work for 1 dollar a day.so where your economic sollution.printing money a least pays goverment and other debts and puts money into banks so they can loan to bussinesses and people to buy.
AND THE MARKET BOTTOMS LITERALLY ONE MONTH LATER AND REVERSED +35%….NICE CALL GERALD.
THESE GUYS HAVE A LOT OF MONEY. CAN ANYONE TELL ME WHAT THEY ARE GOING TO DO WITH THEIRS. COS I DOUBT THEY WILL BUY GOLD AND PUT IT UNDER THEIR BEDS
fuck glenn beck is a tool
@Blackjack555 They can’t handle the truth… nor do they want to.
peopple are afraid of the trhut
I kinda like that Maddow guy on Ms nbc, like how he cuts his hair too.
Tex
Beck is a polished asshole.
Katrina? A success?
New Orleans still hasn’t recovered.
Dubya’s legacy of destruction.
The issue is the inablity for the people to establish principles which protect them because we cannot communicate;
Its called socialism reform which is based upon the marxist theory of gradualness which places each past president in a form of treason…Its east to see this in the presidential executive orders, even kennedy was likely killed due to trying to expose thgis in his conspiracy speach, Inflation is controlled two ways but mosty by the peoples greed. 1964 was when the silver cetificates were removed; also the key here is that money is a human extension of forage, the system belongs to the people
The intent to 911 was to form insecurity in the people create a economic push driving inflation popping the bibble followed by deflation; the bankers and the people in office likely knew this, george bush even bought stock in pharm because it was predictible that there would be a depression, so more people get addicted to drugs due to the effects of economy, this is the grounds for a dissolution of the intangible government through the use of jurisprudence, which establishes our power…
Hi, I can explain how and why it happens. The first issue is that there is definition to purpose and no true architechture which explains just how economics forms; It is human extensions which explains what inalienabel means in our rights but its much deeper than this to express in 500 characters…
didn’t you just say you can’t do anything about it?
The government has us all on a lease…some people realize it and some know you cant do anything about it…but most dont see it. Corruption has made it an illusion. Everything is corrupt. People ARE afraid of the truth. You were born on a lease, you were raised on a lease, you will die on a lease…..STAND UP AND DO SOMETHING ABOUT IT PEOPLE. Its about sending a messege………
The major news sources think The Commercial Market might fall 50%, and 40% of local banks might have problems because ot it.
This is 2010.
FDR prolonged the Depression and made it worse. His solution to end the depression was WWII, after we were bombed by the Japanese in Pearl Harbor. It was the war and the manufacturing sector which brought us back to prosperity. However, still we where left with Social Security, which is bankrupt and is taking a huge chunk of federal expenses. The crises today has been in the making for 70 and so years. And Obama is making it worse by spending even more than Bush, around a billion or so a month.
I don’t think anything iis needed to be said on how Bush really fucked us up. However, when it comes to FDR, yes, there were times when the market rallied up.The day after FDR took the oath of office, he issued a proclamation calling Congress into a special session. Before it met, he proclaimed a national banking holiday-an action he had refused to endorse when Hoover suggested it three days earlier. And one of FDR’s “cures” for the depression was to increase the cost of products, not good.