MindWars
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- Oct 14, 2016
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Former Assistant Treasury Secretary in the Reagan Administration, Dr. Paul Craig Roberts, sees trouble for the economy. Dr. Roberts explains, “This image of a strong stock market is based essentially on debt, borrowing and debt, money creation and debt. It’s a false signal that shows prosperity, and it’s not really there. . . . So, during a period of time when there has been no interest income on peoples’ savings in the form of bonds or CDs, there has also been no growth in Social Security income. So, the elderly, or the largest block of them, are hard pressed. The young come out of school with student debt and no good jobs. A large percentage can’t find sufficient employment to support an independent existence. They can’t possibly pay off the loans. So, wherever you look, you see a debt based system that’s running out of steam.”
Debt Based System Running Out of Steam-Paul Craig Roberts | Greg Hunter’s USAWatchdog
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don't worry the Government will take great care of you when the bottom falls out. You can line up for the Governmental cheese, and bread. Shelters well i'm sure they have some where special for those caught off guard.
Debt Based System Running Out of Steam-Paul Craig Roberts | Greg Hunter’s USAWatchdog
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don't worry the Government will take great care of you when the bottom falls out. You can line up for the Governmental cheese, and bread. Shelters well i'm sure they have some where special for those caught off guard.