If The Credit Markets Freeze, The Economic Decline Will Be Spectacular:Wolf Richter


Our entire, debt based central banking model, is a lie. Debt that can never be repaid, only expanded upon to default. The model depends on constant military enforcement, or it collapses. Many nations do not want our stinking debt, or invasion by our military on behalf of the banksters–they want exchange for something real, like gold and silver. Not debt based paper assets, that can default in a puff of smoke. We need to get rid of the central bankers running our economy. Let them play the game like everyone else and see how well they do with their own money, not ours. Like you and me. Congress, give the power to create currency back to the treasury and away from the private, for profit, federal reserve banksters.
 
Tony