IS ALSTRY PAUL VOLKER??????
Dec. 11 (Bloomberg) -- Former Federal Reserve Chairman Paul Volcker said imbalances in the structure of the U.S. economy pose a bigger challenge than the financial crisis and will impede economic growth for some time.
“We have another economic problem which is mixed up in this of too much consumption, too much spending relative to our capacity to invest and to export,” Volcker, an adviser to President Barack Obama, said today in Berlin. “It’s involved with the financial crisis but in a way it’s more difficult than the financial crisis because it reflects the basic structure of the economy.”
A BIGGER CHALLENGE THAN THE FINANCIAL CRISIS.........
NO TRUER WORDS HAVE EVER BEEN UTTERED.
We simply can't be a nation that borrows trillions of dollars to consume when we produce very little to generate initial dollars. It became especially evident over the past few years. At some point in time, the ability to borrow comes to an end. Today, most of the jobs in America are directly or indirectly dependent on borrow and spend vs. produce and earn.
Once America gets cut off from borrowing most of our jobs will be unncecessary, and government will no longer have the funds to function under our CURRENT STRUCTURE.........at that point, the population will get restless. And not just our population, populations around the world are being impacted as we are one interdependent system
As more and more are unemployed and become hungry tensions will rise......when anger reaches a critical level........unforeseeable event can result which is a natural consequence of Zombulation.
When you don't stop the Zombulator....the Zombulator will stop you.
GETTING MUCH CLOSER TO 1.01.10.....................
U.S. Freezes $2 Billion in Iran Case
New Incidents Test Immunity to Terrorism on U.S. Soil
Houston Sales Tax Allocation Down 16.9%
WHEN YOU GIVE BANKERS UNLIMITED MONEY FOR FREE AND CUT OFF THE PRIVATE ECONOMY......THE ECONOMY EVENTUALLY EVAPORATES......AT THAT POINT THERE IS ONLY ONE THING LEFT TO DO......