The death of capitalism - IMF poison - bursting of the debt bubbles
CRIMES AND CORRUPTION OF THE NEW WORLD ORDER NEWS: Perils of the debt-propelled economy
Paying down debt with new debt is a Ponzi scheme - the likelihood of its exposure is inversely proportional to its scale of operation. More and more critics are calling the Enron debacle a Ponzi scheme, in that the company filed for bankruptcy even though, for almost a decade up to a few weeks before its bankruptcy filing, many in high places were hailing Enron as the new innovative business model.
I've been worried a lot about this lately. I'm sure we've been here before - but I don't know if we will easily recover from this one, I only see our leaders digging us deeper.
Powered by ScribeFire.
0 Comments:
Post a Comment
<< Home