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Must see video explains why the present economy MUST collapse.

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Speck Tater Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-29-07 05:31 PM
Original message
Must see video explains why the present economy MUST collapse.
This 47-minute video explains very clearly how money is related to debt and why the present system cannot possibly be sustainable. Plus, some ways the system can be fixed.

http://video.google.com/videoplay?docid=-9050474362583451279&q=money+as+debt

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rsmith6621 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-29-07 05:33 PM
Response to Original message
1. m
m
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silverweb Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-29-07 05:43 PM
Response to Original message
2. Marking for later.
After work.

Thanks!
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BlueJazz Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-29-07 06:02 PM
Response to Reply #2
3. Same Here Thanks!
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Yael Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-29-07 06:13 PM
Response to Original message
4. This was excellent -- thanks for sharing! I have struggled in the past
to explain Fist currency -- mostly to older members of my family. They remember Nixon pulling us off the gold standard, but they don't quite grasp the implications of that. I tried to show where the OPEC deal changed our currency backing from gold to oil (all oil is traded in US$ effective with that agreement), but meet blank looks.

I liked the musical chairs analogy.

Thanks for the link -- will send this out!
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flashl Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-29-07 06:22 PM
Response to Original message
5. Thanks
I knew this, but I DO forget. Thanks for the reminder.
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thunder rising Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-29-07 06:50 PM
Response to Original message
6. Those fools wish to remain ignorant
BWAAAHH HHAAA HAAA ... it's all in the plan you know ;-)
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ellenfl Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-29-07 09:06 PM
Response to Original message
7. kick for later. eom
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BlooInBloo Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-29-07 09:07 PM
Response to Original message
8. End days!!! END DAYS!!!!!!!
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