You know what that means...in 12 months...

In reality that's a half truth. 90 years ago one person could support a large family on his income, today 2 persons can support a small family with 2 incomes. It all seems very flashy with our big SUV's, flat screen tv's and nice clothes. However, none of that would have been possible if it weren't for the near slave workers producing these things for us in third world countries.

So yes, we have nicer and more things today (shit you don't need btw), but the reason for that is not a healthy economy. Most of it is simply due to a decrease in production costs through exploitation and advances in technology.

100% of that money goes directly to down payment of the national debt, or to be more precise, the interest on the national debt. Why is there interest on the creation of money? It's just a total waste benefiting those with primary access to new money before the inflation hits in (the government and the federal reserve banks).

Again, all of that is true, but you need to consider all the different factors contributing to this, and few of them are sustainable in the long run. Take the Roman Empire as an example. For the most part of it's existence the wealth increased in Rome, but as any historian will tell you it was not because of a healthy economy. It was based on plunder, slave labor and exploitation. A closer look at our economy will reveal som frightening parallels. 

Part of the process? According to who? Sorry man, but that is a lie. Recessions happen because the economic system is in an imbalance. Think about it; 300 years ago 20 persons could produce food for 21 persons. Today 20 persons can produce food for thousands of people. So why are we not living the life of leisure, playing golf and maybe punch in a couple of hours a day? Because the system is stealing from us. There is no sound reason for us to pay 20$ for something that cost 10$ a couple of years ago. The reason it happens is because the government and the FED spends way more than the country can produce. This causes money to lose value constantly. And since we, the common man, are last in line we lose the most. Just so the government can spend money on war, overpriced projects, bureaucracy, tax cuts for the rich etc. etc.

We live well, but it could have been a hell of lot better.

Presidents don't have economic policies. They are mere announcers of policy.

I'm amazed at how little knowledge is held about the nature of money and economy even at the top levels of government. Actually, I'm not amazed at all when thinking about it. What you get as a graduate in economics and through experience in the field is a level of understanding about a system. If that system is rotten it doesn't matter how well you utilize it. In the end you will fail since you never approached the problem from the correct angle. That's why Bernabanke continues to pour worthless dollars in to the economy, it's all he knows. Same goes with politicians, reporters, directors, teachers etc. What may be perceived as corruption, incompetence and even conspiracy is in most cases just conditioning, conditioning to a limited spectrum of reason.

That is the heart of this conspiracy, and that is why nobody can 'prove' it exists. In theory it doesn't even require active players at this point. It has become self sustaining.

And that my friend is the real scary aspect of this. Everybody knows there has been severe fiscal irresponsibility, everybody knows the collapse is coming. Still, our society is simply not able or equipped to handle it. And it's not just the economy. Education, health, security, bureaucracy you name it.

We're basically just a bunch of Thelma & Louises thinking we're in a Superman movie.

Don't blame Bush, Clinton or whomever. Blame the FED. They're the ones who are supposed to be the source of stability in the economy. Still they keep printing more and more money, further weakening the dollar.

But hey, nothing new under the sun. This will be what, the 11th recession in America since the establishment of the FED some 90 years ago.

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