WARNING: What Bankers And Economists Don't Want You To Know
Why all current theories of Economics and Money, originally based on human production, will soon be obsolete.
VERY FEW PEOPLE REALLY PRODUCE ANYTHING FOR MONEY ANYMORE
About 1% of population are farmers.....less than 15% are in manufacturing.
Plus, most people that work in jobs can easily be replaced by advancing technology. A large percentage of our population today are children and/or retired people without jobs and/or living off financial instruments.
Most money in our current system now comes from MASSIVE government borrowing and spending (versus PRIVATE borrowing for the past 30 years).....and if the government is not borrowing money that doesn't exist, those producing and selling things would have too few to sell to....AND MOST FINANCIAL INSTRUMENTS WOULD GO BANKRUPT.
That is pretty much our Ponzi Economy in a nutshell....and why bankers, economists, politicians and retirees keep laughing all the way to the bailed out bank as more and more citizens are cut off of credit/jobs driving increasing poverty globally.
CNN/Money: Poverty in America