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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (106778)	1/18/2010 5:13:25 PM
From: Skeeter Bug	3 Recommendations Read Replies (1) of 116555

>>But the banks did not get together and say "hey, let's collapse the system so we get bailouts but the small banks won't and we will win."<< so you believe that the banker instituted debt based monetary system is sustainable without crashes? if not, then you agree with me - the FOUNDATION of our system is fraudulent and GUARANTEES crashes over time. this is just another crash in a long line of crashes. why? b/c the bankers get an effective tax on the money supply and more debt is required to pay back previous debt. the bankers KNOW this. they don't tell people, they don't let the traditional people tell people this. the fed won't tell you. the treasury won't tell you. if the foundation of our system is corrupt to benefit the banker and they know it, there is a conspiracy to transfer wealth from the people to the banksters and to control government to loot the people when the system collapses as it is guaranteed to collapse. here is a pictorial view of our current collapse.. market-ticker.org this is nothing new. ask 100 random people and i bet not even one will answer "debt" when asked "what is money?" why? the money power is the most important power within a nation yet we don't learn about it or the battle between the bankers and the public control of the money powers... youtube.com i always wondered why personal finance was never taught in public school (and probably not in private school). no more. --------------------- "The money powers prey upon the nation in times of peace and conspire against it in times of adversity. It is more despotic than a monarchy, more insolent than autocracy, and more selfish than bureaucracy. It denounces as public enemies all who question its methods or throw light upon its crimes. I have two great enemies, the Southern Army in front of me and the bankers in the rear. Of the two, the one at my rear is my greatest foe." Abraham Lincoln "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks...will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." Thomas Jefferson "The bank was saved but the money was ruined." William Gouge (1796-1863)

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