To start this discussion lets first finds it's origins. What I mean is the Government influence in the money trade. In 1945 gold was around 35 dollars an ounce and most Governments relied on that standard to establish the wealth of a country. During the Vietnam War in 1971 the U.S. began printing large amounts of money and flooded the market with it pushing the gold standard to it's limits. France told the U.S. it wanted it's gold back that had been housed in this country, well Nixon put a stop to that by directing the secretary of the treasury to defend the Dollar against the speculators. Then he hatched a plan to force the Arab Nations to take only U.S. Currency for purchase of their Oil and also made a deal to protect the Saudi Oil fields and help them procure the Oil that would fuel this economy. This was know as the birth of the Petrodollar, thus making Gold irrelevant and every country would have to buy U.S. Currency in order to purchase Oil. Perfect Pyramid scheme. This has all played out to this day, the breakdown in the economy in 2008 was just a preview of things to come.
As a Theoretical Physicist I know numbers and the theories they use to explain the current economy and it is nothing short of a joke. The standard Theory revolves around all the variables, not just the ones you choose to use or embellish. This Administration has chosen to to lie and use numbers that are shewed or just not truthful. For five years we have heard nothing but lies from the Government. The unemployment numbers are double the numbers they show you, 47 million people live in poverty, the GDP numbers are also a lie. And Wall Street still climbs. WHY might you ask? Remember money printing, where do you think that money goes. It goes to those very companies that keep Wall Street elevated.
I cannot count how many lies people were told when this man became President but I can guess the number is high. But the price for all of the lying will fall to the American People. There will be a breakdown of a good country by one man who will destroy Healthcare, Have this country overrun with Illegal Aliens getting Government assistance, all for 20 million new votes. The total destruction of the American way of life. He has divided us by race and gender and sub groups,attacking religion and prayer while protecting one group the so called "Religion of Peace" now all he has to do is stand back a reap the rewards of taking the most powerful country down by himself, oh and the swooning masses who follow him.
I never thought I would ever say this but I am ready for this collapse and you should educate yourself on your changing surroundings, check into the national debt and understand that all great empires fall when debt outweighs it's people. 126 trillion dollars in unfunded liabilities. While the media and Washington D.C. have our attention on the financial precipice allegedly ahead of us next year and the silly, fake “negotiations” that are going on, the biggest U.S. banks have been dealing with risky financial instruments called derivatives (specifically over-the-counter derivatives, a completely unregulated marketplace). Because these derivatives transactions can be done privately without going through an exchange, the total face value of the global derivatives market is estimated at upwards of $1.5 quadrillion. Compared to this derivatives bubble, the fiscal cliff is a mere crack in the pavement. Remember too big to fail.
What is a Derivative?
“A derivative is a legal bet on the future value or performance of something else. Just like you can go to Las Vegas and bet on who will win the football games this weekend, bankers on Wall Street make trillions of dollars of bets about how interest rates will perform in the future or about what credit instruments are likely to default. Wall Street has been transformed into a gigantic casino where people are betting on just about anything that you can imagine.”
Now do you still have a sense that you know what is going on around you. When this comes falling down it will affect everything. You cannot sustain these numbers, I do not care how good a mathematician you are, or how many promises you make.
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