The United States is gripped presently, by the ongoing, accelerating economic collapse, of a failed international monetary-financial system, and the bankruptcy, in fact, of many U.S. Federal states. The Federal government, if it were a Federal state, would be bankrupt. Because the Federal government has a credit-creating capacity, it is not bankrupt, but if it did not have a credit-creating capacity, it would be bankrupt.

The U.S. economy, overall, under present financial conditions, is hopelessly bankrupt—our banking system, the Federal Reserve System. And also, a similar situation exists in Western Europe and Japan.

Therefore, we have to face this now. People don't wish to face it. ................

First BOOKMARK SolomonsTemple.com before clicking on important blue links below.

LINK 1.
CLICK HERE for rest of story at this internet address:
http://www.schillerinstitute.org/economy/phys_econ/physical_econ_main.html

Email this interesting website to my friend. CLICK HERE

(In accordance with Title 17 U.S.C. Section 107, this material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.)