New phase of the crisis

Discussion in 'Economics' started by paperboy, Sep 30, 2009.

  1. Nah, they will just keep printing money until the dollar collapses. That could take a while.

    "The entire planet has now entered the onset of a planetary "new dark age" - - unless very specific kinds of changes, from a world monetary system, to a "Hamiltonian" quality of mutual credit-system, were to be launched by a leading combination of the U.S.A., Russia, China, and India. Shallow-minded people will insist that such a change is impossible. I know better. The needed change is possible; the question is, do the governments of those four nations have the wisdom to act upon the great opportunity for general reform now placed before them? The reason this reform might gain its needed support, is that no nation of this planet has any chance of surviving the failure of those leading nations to join in launching the needed anti-monetarist reform. "
  3. Why does he leave out the EU?:)