robert demur: Heres the reality and root of the problem. America has no real job base. According to the US government BLS, around 70 million jobs out of 137 million total are in government and health care. Another 30 million reside in leisure, law, insurance and finance. Only 8.9% of total jobs are in manufacturing. This upside down perversion is possible due to the dollars world reserve currency status, allowing for the US federal reserve to print money and government to go into unprecedented debt. Wars are covertly being manufactured by the US and its dominating propaganda machine to maintain its currency status, period. If the dollar crashes, so goes the US economy and probably the global one since debt is the driver. The EU is propped up by currency swaps with the US. This is why they go along with US dictates. Thus its either join with the US war doctrine or get out and fall apart. But Germany is the keystone holding the ponzi scheme together since it does not need the dollar.
Posted on: Thu, 28 Aug 2014 17:57:41 +0000
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