Found this video on the interwebs and gave it a try. I thought Mike Maloney did a great job of
laying everything out very simply. The animations he uses to convey his message simplifies it further. Enjoy
I asked the question when i was young "when i put my money in a bank and i get 1% a year, but when i borrow money i pay 15%, if all the banker did
was guess the guy borrowing would pay it back, how come i only see a 1% which is barely enough to cover inflation". The answer i got at the time
confused me immensely. "whats to stop me loaning my money to the guy that wants to borrow it and charge something in the middle, say 8%" the
answer was that i cant.
Its all completely messed up and doomed to fail. Buy gold and things now people, they are coming for your numbers!!!
Thank you... I had forgotten, just how sick the operation was... This describes it in a nutshell.. Especially the part where the debt will crash
upon its own weight... All indications point to that happening soon enough...
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