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How Bad the Economy Really is

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opednews.com

Most people do not realize how bad the economy really is. The mainstream media are associated with government and business interests and therefore are not necessarily telling the truth as it is, especially when the truth could disrupt the current social order. A solution is at hand if the US government is willing to think outside of the box and willing to take a bold step.

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Introduction

Most people do not realise how bad the economy really is. The mainstream media are associated with government and business interests and therefore are not necessarily telling the truth as it is, especially when the truth could disrupt the current social order.

Even comparisons with The Great Depression do underestimate the real magnitude of the problem. The main differences between The Great Depression and the current economic situation are:
- Markets were relatively free before and during The Great Depression, so market forces could correct imbalances. Now markets are completely rigged and therefore markets cannot correct imbalances until the system breaks down completely.
- Before The Great Depression, people had more savings and goverment budgets were more balanced. Now many people and governments are deeply in debt.
- Before The Great Depression, living standards were relatively low compared to now, and less people were living in cities, so people could adapt more easily to the new situation. People in the US today are accustomed to a high standard of living,
while they are deeply in debt. Social unrest is lurking.


Markets are completely rigged

First of all we have to realise that markets (such as stock markets, bond markets and commodity markets) are completely rigged to sustain the system and to serve special interests. The Working Group on Financial Markets (more commonly known as the Plunge Protection Team or PPT) is constantly monitoring markets and trying to influence markets. A description of the Working Group on Financial Markets can be found using the following link:
www.naturalmoney.org/workinggroup.html

Jim Willie is an excellent analyst that is uncovering the forces that are behind markets. Even though he may not be completely accurate on the hidden motives behind dominant market players, one may assume that in general the picture he paints is not far of the mark. He is posting regularly on the website www.321gold.com. A copy of his commentary of january 2, 2009 can be found using this link:
www.naturalmoney.org/jwilcb.html


People and governments are deeply in debt

In the western economies debt expansion was the driver of growth in recent years. We have reached the point that debt expansion has reached the limit of possibilities. The system is crashing down. Only printing money outright on an unprecedented scale does barely keep the economy afloat. This illustrated by the Inconvenient Debt video of FoxNews:
www.foxnews.com/video-search/m/21813175/inconvenient_debt.htm

This commentary of Eric Sprott is illustrating the problems we face by sustaing a system based on debt expansion:
www.naturalmoney.org/sprott.html


Social unrest is lurking

When the economy crashes down, social structures will begin to dissolve. Riots and anarchy will take over. Big cities are especially vulnerable. Chris Hedges wrote an article on this subject that is a very good read:
www.naturalmoney.org/notgotobeok.html

The US government is preparing for this by creating legislation that is preparing for martial law while bypassing the Constitution. For more information on this, you can use the following link:
www.naturalmoney.org/martiallaw.html


A solution

A solution is at hand if the US government is willing to think outside of the box and willing to take a bold step. In a previous article I wrote about the Natural Economic Order. On www.naturalmoney.org you can read more. The following articles are of interest:
- A far more efficient economic system is possible. This article was published on Opednews before and explains the working of the economy of the Natural Economic Order in 12 simple steps.
- Questions and answers on 12 steps article. Questions and answers on the article published on Opednews.
- Natural Economic Order: Complete theory. This article describes how to build a complete world economy on the natural economic order. This article also contains questions and answers.

 

http://www.naturalmoney.org

I was born in a village in the East of the Netherlands and have lived in this region as a child. I studied Business and Information Technology and Philosophy of Science, Technology and Society in Enschede, which is also in the East of the (more...)
 

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