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Worldwide Economic Collapse Explained in 3 Minutes

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posted on Apr, 21 2011 @ 11:08 AM
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This video is stunning in explaining what we are facing.....economies are lending money to other countries that will never be able to repay.....by countries that don't have the money in the first place.

Everything is breaking apart.....and just wait for the explosion in June/July when the FED is expected to raise interest rates. There was no recovery from the 2008 crisis - governments just spent money they didn't have to hide the fact that the system has fallen apart.




(video is 10 months old, but it is best to spread it around)




posted on Apr, 21 2011 @ 11:40 AM
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Haha!

Well done.

Great vid with a much needed laugh at the end.



posted on Apr, 21 2011 @ 12:20 PM
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But don't get me wrong, when teh FED increases the rate - the dollar will rise as other countries feel that they are beginning to reign in spending - but when the phony economy loses its easy cash - things will quickly fall apart.



posted on Apr, 21 2011 @ 12:26 PM
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I just heard that China has said they have too much out
and that it is time to pull some back in...
er...
they are about to revalue their coin against the USD
and shrink the outstanding debt column a bit...



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