The Smell of Collapse is in the Air – Part 3
By GE Christenson
Wednesday, 2 October 2013
We live in a world of exploding debt, unsustainable deficit spending, Quantitative Easing, corrupt politicians, and “forever” wars that benefit the political and financial elite. We will need help to survive the collapse of failing economic and political systems.
Collapse – From Our Debt Addiction
Bill Bonner: (link)
“The feds decided to fight fire with fire. To solve the debt problem, they added debt! The genius of this plan was, we admit, not immediately obvious.”
“The feds have always had one overriding goal: to transfer money and power to themselves. They create no wealth. The can only get it by taking from others. The crisis – which was nothing more than a natural market correction in an unnaturally extreme debt cycle, caused largely by the feds – gave them cover for larceny on an ever grander scale.”