#2 AND #3
They had a choice and still have a choice, even though they pretend otherwise, and don't even talk about it. The countries (that means the governments, which actually means the people themselves) in the EU and the US have taken on gargantuan amounts of debt while at the same time killing their economies, which means the wages and benefits of the people and even their jobs.........why?
They essentially took on the many $$$ Trillions in losses of their BIG BANKS. This is by far the biggest reason the EU and the US are where we are. Not the only reason, but the biggest. Would things have been bad if the BIG BANKS had to take their own losses instead of forcing them onto the people as they had planned all along? Sure, but not the apacolypse they pretended. And like they weren't bad anyway, only now because of the people taking the losses just as planned, it will take a hell of a lot more years than it would have for a real, lasting recoverey. Spread fear, make threats, but damnit don't take losses. That's for the suckers (the people). You think I exagerate? Unfortunately, I'm not.
As for the statement..... "And the worlwide economic problems are not well understood even by the world's best economists":
You do recognize why that may be? It's not the economic problems so much as the economists themselves. Have you looked at the extremely high percentage of those who are exposed to, influenced by training and education, given/denied grants, positions, promotions, tenure, recognition, publication of writings, by the FED? Not always directly, but take a good look. It's way more telling and widespread than you think.
Here's what happens when you tell the BIG BANKS to go to hell and take their own losses.
truthdig.com
When you allow the BIG BANKS to force their losses on the people? The EU and the US. |