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Money Worries

- James Howard Kunstler -

Simple explanations are sometimes the best: The banking and Wall St. 'elites' want it all and will do anything to get it. Cyprus and Greece are simply the proto-assaults on what wealth we still retain. They'll try to refine their theft of our remaining wealth to the point where, as they're walking away, arms laden with our wealth, we will be cheering them and throwing roses instead of grenades at their feet.

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Début de l'article :Of course, everybody should have been worried a lot sooner than last week because the basic operating system of global banking is accounting fraud, and has become that stealthily, insidiously, for about fifteen years now. Nothing is what it appears to be anymore. Compound interest has not really been working since 2008 because the world can't increase its energy production enough to generate the additional surplus wealth needed to cover the aggregate interest due all around the world. Wh... Lire la suite

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