Points covered:
-United States no moral system, letting “Wall Street Tycoons” off with financial crimes with a slap on the wrist. China kills any financial crimes offenders using capital punishment (death penalty).
-United States politicians have been corrupted by large corporations like big oil companies, that is why you don’t see the government backing alternative energy, it is all lip service.
-United States fiscal situation is worse than Japan.
-United States debt is ballooning and the political parties refuse to cut spending.
Ben Bernake is the crack dealer and the economy and stock market is the crack addict. Fix a drug problem with more drugs that is the way the U.S Government thinks they can keep the dog and pony show going, but as we all know one day the crack addict is going to have some major health issues or die.
Rich people who have assets that are not liquid are bringing items to pawn shops to get loans to pay for living expenses.
This of course is not a good sign, but then again the United States and the majority of its citizens are in huge financial trouble.
Ben Bernake is really “Freddy The Fixer”, printing money to manipulate the stock markets. For you Americans reading this…What the Fed is doing is absolutely anti-capitalist.
Why aren’t American’s protesting this? That is the real question?
While the mainstream financial media in the United States pumps up how the U.S economy is doing so well (which is not) and blame the European economy for the instability in the markets, China has been busy trying to manage a soft landing.
John Maynard Keynes says when an economy is in recession or depression, the government should inject money into the economic system. Spend money to boost the economy, however this does little to generate demand when the citizens of a country is strapped financially.
It is even worse to print more money and inject the money into the economy, when the government itself is heavy indebted, like the U.S government with now federal debt approaching 16 Trillion dollars.
