The Global Money Matrix: The Forces behind America’s Economic Destruction

Monday, December 9, 2013
By Paul Martin

By Dr. Gary Null
Global Research
December 09, 2013

On the Brink of Economic Calamity

We are witnessing unprecedented low points in American economic history as 50 million Americans—17 million of them children—are living below the poverty line[i],[ii] while 47 million citizens rely on food stamps[iii]. All told, the 2008 economic collapse cost over $20 trillion globally[iv]. Millions of people lost their homes and jobs, while many of our nation’s children fell deeper into hunger. According to some figures, 53 million people entered the poverty ranks.[v] In the US and other developed nations, suicide rates skyrocketed due to financial stress and disruption of families. The Bureau of Labor Statistics has listed unemployment at 7.5% — a rate that is irreconcilable with reality. The more reliable figure, calculated by economist John Williams from Shadow Government Statistics, places unemployment at 22%. If we are to believe the analyses of Tyler Cowen at the Mercatus Center at George Mason University, we might be looking at an unemployment rate as high as 41%, since 33% of Americans are not working and no longer have the desire to find jobs.[vi] This group is categorically removed from the government’s labor radar and is absent from the Bureau of Labor Statistics’ fudged data.

The Global Money Matrix

In the midst of this economic turmoil there is one group that still manages to flourish: the global elite. With more than $32 trillion stashed in offshore banks around the world, the wealth of the so-called “1%” is staggeringly obscene and grows by the day.[vii] Their aggregate wealth, larger than the US GDP and national debt combined, is a testament to the tremendous influence and lobbying power held by a coterie of private interests that dominate nearly every sector of society.

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