from Palisade Radio:
There are several reasons the world economy is unsustainable within the current systems. Peter Schiff believes the biggest factor is countries like the US which have huge deficits. They have low production rates requiring mass imports of goods in exchange for pieces of paper that are losing their value. This forms imbalances which destabilize the global economy. There are also enormous amounts of bonds and unfunded liabilities which creates vulnerability to a backup in interest rates. If rates go up, they can’t afford to pay.Help us spread the ANTIDOTE to corporate propaganda.
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