The last great empire builders - the UK and the USA appear to be on the brink disaster due to the collapse of debt financing. Due to the mountain of debt compared to productivity mainly in the private sector, the banking crisis looks like it inevitably will move to the next stage despite the extraordinary …
Category: economic regression
How to solve the financial crisis
Economic RegressionThe path that GW Bush has set the United States upon is inverse socialism. It is regression. It has produced an incipient depression in the world economy by creating a inverse bubble. A huge cash vacuum has removed 2 trillion from the American federal reserve.To reduce the treasury into a funding agency for the …